I had expected a large dump coming from Big Blockers that simply want to harm the original Bitcoin. Now it seems the largest dump was before the split - in anticipation of a move that didn't happen.
Maybe the BCH adherents are still not sure if their coin will survive and therefore dump'd only a little fraction of their BTC, to scare us.
You are speculating that people with money behave like kids. They don't. |
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If 100% of hashpower want bigger blocks, do you think the devs will fold for economic reasons like how the miners folded for segwit?
They'd have to eliminate all blockstream influence in any shape or form, distance themselves from the most virulent members of their group and then admit bitcoin was never theirs to begin with. Tall order I guess I'll just grab some popcorn, sit back and enjoy the show.  At $40bn it's become serious, some people's savings are at stake :| |
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If 100% of hashpower want bigger blocks, do you think the devs will fold for economic reasons like how the miners folded for segwit?
They'd have to eliminate all blockstream influence in any shape or form, distance themselves from the most virulent members of their group and then admit bitcoin was never theirs to begin with. Tall order |
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Bittrex exchange is only for us customers?
No I'm based in the UK and I use it Alright, are they taking BCC deposits yet? No it still tells me the bcc wallet is "under maintenance"  |
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What is a good and safe BCC wallet?
For things like this the best and safest would be using a hardware wallet. I was able to do the process easily and with no risk with my Ledger Nano S. I will always keep telling people hardware wallets are key to the future of Bitcoin and software wallets are a thing of the past and maybe only useful for a few bucks in mobile phone wallet. Besides that, I would suggest you first move all your Bitcoins to a new address with a different private key (not in the same HD wallet) and then you can proceed "extracting" the BCH with less worries. Most of us don't have those fancy magical things. It needs a software wallet with the quickness. That was all FUD to move people to desktop wallets. It was only useful for Core to pretend it's actions had community support. Move to an exchange, it's professional, faster, more reliable and usable unlike most desktop versions I've seen. Do your own due diligence before you chose one or more exchanges ofc, this is still a cowboy industry. |
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Bittrex exchange is only for us customers?
No I'm based in the UK and I use it |
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BCC is going to same value as BTC? BCC = BTC value soon ?
It looks like it could  I think speculative juices are fueling this one now, money seems to be flowing from alts to bcc. It could keep rising until those bccs stuck in desktop wallets manage to reach exchanges. |
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HitBTC accept BCC deposits now. Currently at 0.19 btc
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I understand why Coinbase did what they did
I doubt you do. Coinbase is part of the Digital Currency Group, the same group Blockstream is part of. It was in their interest to undermine the credibility of Bitcoin Cash in any way they could to support their own agenda for bitcoin. Rejecting it wholesale whatever the cost to their customers is what they chose to do. There are very good grounds for legal action. |
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this is complete nonsense.
coinbase never hid the fact that they are not supporting bitcoin cash and never forced anyone to hold their bitcoins there.
a very long time ago so that there is enough time for anyone to do a withdrawal, they clearly and publicly announced they will not support bitcoin cash and also they clearly said withdraw your bitcoins if you are not happy about our decisions.
i am sorry to say this but anyone who is angry now is an idiot and they should be angry at themselves.
and besides it is way too soon to start cheering about bitcoin cash price. let a couple of weeks go by then talk about its price!
There are many grounds for suing coinbase / GDAX. It wasn't anywhere near good enough saying at short notice that ppl could withdraw their funds. Twas expropriation pure and simple. Cowboys. |
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How many of you planned to host a segwit node to get fees?
Bingo. Starving the goose in the process and not understanding that only major players would be able to invest in the infrastructure required to run successful / profitable nodes. |
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Guys, i made 4 bitcoin, just by lending the hell out of it, at 5 percent. And i have no idea what bcc, bch is.
Could i have done better ? I mean, it´s still 2700. 4 multiplied by 2700. I´m off, wanking.
Well, let's see... 4BTC is 5% of 80BTC. You would have received 80 BCH. Right now, kraken lists the price of BCH as 0.13563 BTC. 80 * 0.13563 = 10.85 BTC. Did you do good? You tell me. Was the lesser risk worth a 2.5x difference? Personally, I would have gone for the BCH, but then again, I believe that BCH rather than segwit is the proper route forward for Bitcoin. (actually, I went for the BCH)
When y'all gonna start dumping your BCH like you were whining about yesterday? I want more cheap Bitcoin Cash! If you liquidated all your btc for bch wtf are you doing in a bitcoin forum? You have no position or faith or care for the project. Trolling I guess huh? Some will argue that bitcoin cash is bitcoin whereas what is now under the control of Blockstream and Digital Currency group doesn't have much left to do with Satoshi's vision. I'm one of them. Luckily the moderators on this forum are more tolerant of views that differ from those of the loud minority than you are. |
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There is no founded argument that increasing 7tps increasing the value. Economics doesn't support it.
This is the dumbest sentence I've ever seen on this forum. The burden of proof isn't even on others to prove increasing throughput increases value, the burden of proof is actually on you to prove that bitcoin has any value whatsoever as a settlement network and that 4 TPS would somehow allow it to fill this role. I've already explained numerous times why bitcoin has zero value as a settlement layer:1) It has built-in rent seeking middlemen (transaction validators) and doesn't remove counter party risk since you're always relying on all kinds of external parties to facilitate transactions 2) Alternatives already exist before the creation of bitcoin that are far superior for settlement such as gold and silver that actually do remove counter party risk and don't have built-in rent seeking middlemen 3) Network effect assumes infinite scalability, which bitcoin doesn't have. Trying to force everyone onto a highly scaling constrained system with giant fees is a pro-usury stance 4) Due to the above , bitcoin has a reverse Schelling point where there's huge incentive to fork or use a different system rather than pay extortion usury fees. Low scaling = inveitable rough consensus attack/split. 5) Bitcoin is a currency and not money. The value of a currency is entirely based on transaction flow, not stock (how much commerce it can facilitate by scaling) 6) The greater fool theory only works if other people actually need what you have and nobody needs an imaginary "virtual commodity" when they can just create their own. They do however need things like silver. Cornering the market on bitcoin doesn't actually give you any type of power over others, while cornering real commodities like oil or silver does. I'm not a fan of precious metals but +1 for the rest. If more ppl understood that they would understand that Blockstream is in effect trying to steal what little value bitcoin currently have. Core / Blockstream supporters would stop cheering if they knew. |
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Guys, i made 4 bitcoin, just by lending the hell out of it, at 5 percent. And i have no idea what bcc, bch is.
Could i have done better ? I mean, it´s still 2700. 4 multiplied by 2700. I´m off, wanking.
They say money is better than sex  |
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Thank you for taking the trouble to keep us informed step by step. Very grateful.
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Message on HitBTC BTC hard fork is over. Those of you who store BTC on your accounts, are going to receive the same amount of BCC within the next couple of hours. |
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Those are still the futures I think. It wasn't a real market to begin with. |
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Someone say yes. someone say no. Could anyone explain easily in scientific way? Maybe this quote be perfect for beginning discussion. Yes because it is (BTC Cash)a divergence from the current bitcoin so would mean it is an alternative version of bitcoin so altcoin it is, regardless if more people support it and it becomes the leader it is still an altcoin, in my eyes anyway.
this has somewhat fazed me as well... the original bitcoin didn't have segwit and didn't have larger blocks, so, the bitcoin running now, which has segwit, and the forked one - bitcoin cash, whose blocksize was increased, are both modifications of the original. so that means the original bitcoin is gone (?)  You will never get a scientific answer because there isn't one Most of the time, the word "altcoin" is used by juveniles as a pejorative term to denigrate a coin's status and credibility. That is all. |
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Lol Whats happening with the price  1) Step 1 = Hysteria Total fucking ( short lived) Hysteria With all the FUD I saw I suspect there's a reasonable quantity of bitcoins currently stuck on Core clients. They are going to slowly make their way back to exchanges. All that supply should take a while to make it's way to the market so perhaps not so short lived. We've experience bitcoin deflation for a few weeks, now we should see inflation |
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Hopefully in future miners and devs will think "hmmmm I would rather have a barbed fishing hook pulled up my urethra canal than go through that shyte again"
But ya never know
I hope you are right |
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