^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Responding to above post. snipping for brevity. My guess is that BCH will reach an equilibrium after the "normal" difficulty adjustment and a market value on parity with LTC. Only a speculation, though. All the deep wallets have to do is bolster the market price to a little under .17BTC to make the mining profitability on par with BTC. So far, the BCH bulls have retreated, with the onslaught of "free coin" dumpers. So, I am inclined to think that the BCH bulls are all blow and no go.  |
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Very odd. I've been hearing complaints about this all day now. Could they have some interest in temporarily holding up the price? Seems unlikely. Could they have screwed up in splitting the coins, or in setting up their wallet infrastructure, and are scrambling to assess the damage? I speculate it is the latter. Ever since the "hack" last year, I have seriously questioned their competence. That is why I only have some dust left on Finex and am loath to use them ever again. |
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That is not what is happening... when the first empty block appeared... there were transactions totaling 2MB+ in the mempool... check back in the thread if you can find it. Bitmain and Antpool are both guilty of PURPOSELY excluding transactions from blocks so they can achieve exactly what you tried to explain. They are exploiting this known problem and will continue with BCH.
We will see. So far Wu has been a deadbeat dad when supporting this coin. Bitmain and Wu, personally, only seem to be giving lackluster support for this coin, so far. |
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All the bitcoin cash bulls need to do to make Bitcoin cash mining as profitable as bitcoin is to raise the market price to .17 BTC. Come on supporters. You want to takeover? Stop being so cheap then!  Needs something to fill the blocks most are under 100KB Why do the blocks need to be filled? The meager transaction fees gained from a full block are not going to push this coin to become as profitable as BTC to mine. They dont need to be filled but the big blockers pushed for 8M blocks and are mainly using <100K now just seems pointless Give this network time to mature. Most of the transactions now are only people moving their coins to and from exchanges and exchanges moving coins from hot wallets to cold storage and vise versa. The problem that I see with big blocks is two fold. The first is that a full 8M block takes 8x as long to validate as a 1M block. So we will see more empty blocks being mined if the blocks get full. The second problem is if someone decides to spam the BCH network, it may take 8x bytes to start congestion problems, but then full nodes will be downloading 8M of bullshit every 10 minutes rather than 1M of bullshit every ten minutes. |
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All the bitcoin cash bulls need to do to make Bitcoin cash mining as profitable as bitcoin is to raise the market price to .17 BTC. Come on supporters. You want to takeover? Stop being so cheap then! Needs something to fill the blocks most are under 100KB Why do the blocks need to be filled? The meager transaction fees gained from a full block are not going to push this coin to become as profitable as BTC to mine. The sheer fact that a mining op can choose to mine empty blocks on BTC and BCH AND caused this fork mostly because that will disappear in future BTC core is APPALLING... THIS WILL NEVER BE BTC NOR TAKE OVER FOR IT AS LONG AS MINERS CAN DO SHADY SHIT LIKE REFUSE TO PROCESS TRANSACTIONS AND STACK UP EMPTY BLOCKS TO SUBMIT IN STRINGS!!!
You only feed into allowing this by legitimizing this bastard coin.
What are you talking about? Only two empty blocks have been mined for BCH, and both blocks were mined in less than 1 minute from the previous block. The reason for this is because the pool needs to validate that all the transactions in the previous blocks are valid before starting to include new transactions in the new block. Rather than experience downtime during this validation, the pools/miners begin mining empty blocks. This is totally normal. Plus, if there is no transactions in the mempool at the time, do you want miners to have their rigs sit idle while they wait for a transaction to show up? |
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any prediction when BCH will increase ? the price so damn low now
What's the price supposed to be? The coin was free unless you made a foolish move and bought on bittrex when it was much higher than it is today. I think its getting close to finding its value on coinmarket cap there are a few exchanges with a higher value but looks like no trading and the one with the highest percentage is just under $200 with the lowest being around $160 Plus difficulty is averaging currently around 10 min blocks where it should be but still nowhere near as profitable as the main chain All the bitcoin cash bulls need to do to make Bitcoin cash mining as profitable as bitcoin is to raise the market price to .17 BTC. Come on supporters. You want to takeover? Stop being so cheap then! |
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Looks like my call from yesterday was right: Huge short interest on Bitfinex lowered prices quite a bit.
Notice that Bitfinex doesn't trade BCC/BTC, only BCC/ETH and BCC/USD.
Another sign they intend to lower BCC prices...
I really believe that once a company will develop a hydra wallet( a wallet that supports both bitcoin cash and bitcoin), the price will decrease dramatically, most of the people aren't selling their bitcoin cash , just for the reason they don't have the knowledge or the time to do so, because it is pretty hard to make the export and import thing. Tezor already has a "hydra" wallet. |
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If this table is accurate, it looks like Bitcoin cash will get its next difficulty change downward on block 478646. http://bch.xbt.it/ |
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Looks like that the party is over  Yes, looks like I got left holding the bag with this one. Only hope is if some whale decides to make this coin their next PnD project. Doesn't even have to be much of a whale since the market cap at the moment is less than 1 BTC. |
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Yes, only one active pool that I know of. lpool.name has been down for days. Also, it appears OP abandoned this coin. He claims that the bulk of the premine was stolen by someone that promised to make an android wallet. Good news is that my wallet has 12 connections. So the network is still alive. Very easy to attack though.  My block explorer is still up. http://partyhardy.fun:3001 |
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Still haven't got hold of my BiTCH coins. Need to import my private keys from paper wallet. I hope it doesn't go to zero by then.
Just pick an exchange that doesn't have a lot of confirmations like Bittrex. (20 confirms) I believe HitBit has something like only 2 needed. Also remember, the lower the price, the more traders become interested in actually buying. It won't go to zero. Maybe on parity with LTC in a day or two. |
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It is already headed to 0.06 while i wait for the fckn confirmations. Still at 3/20  I feel for you. While I was waiting for my transfer to Bittrex, I saw the price go from .15 to .087. Hopefully, with the cheaper price, Bitcoin Cash bulls can keep the buy support up a little better. Also, good news for you is that one of the blocks waiting confirmation was empty, so no round of dumping when that block gets 20 confirms. |
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BTC taking off from previous high to every minute historical high( CMP $3118) n BCH landing though its landing gear is not working. So BCH crash inevitable. BCH gonna be new member of 1sat club soon. Keep an eye. Let not be too bearish. Too many big names support this coin to only have a market cap of less than .17 BTC. |
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Woaaaah, i just drink yesterday night and when i woke up the value is now a wooping $3147. Keep dumping that altcoin for bitcoin guys.
Done. |
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The fuck is going on ? I just made like $200k in the span of 5 minutes...
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Many have taken their "free money" ..welldone (until polo,coinbase,14th and jan 1st)
now for those that think this coin has gd long term potential...
If your thinking of accumlating bcc, now is prob the best time to start doing so.
I think when btc dumps, bcc will pump closing the ratio very quickly.
another thing to think about...
eth managed get btc maximilists into ethereum, via etc...they refused to buy eth, but bought etc, the maximilists did end up in ethereum adding to its overall value, by selling btc.
now btc has gained a way to get people from the alt world back into btc, via its split coin bcc, this will bring alt-coin value into btc/bcc.
Also a reason eth gained more value over etc as time passed...etc devs were/are weak compared to eth devs.
when any business/corp wants to use smart contracts they know who to call...
now we have saw btc devs ,slow progress for yrs, lets see if bcc devs are up to the challenge and get things moving faster with bcc
I don't see any evidence that the onslaught of dumpers is over yet. The last block had 112,346.79014722 BCC transferred. I assume the vast majority of this is moving coins to an exchange rather than to cold storage. (The block before that was empty, but that is normal since it only took 20 seconds to mine that block.) https://blockchair.com/bitcoin-cash/block/478629 |
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Wow, the Bitcoin Cash network mined it's first empty block. https://blockchair.com/bitcoin-cash/block/478628. True, the block came only about 20 seconds after block 478627. That should give the supporters a little more time to transfer more BTC to their favorite exchange, to give buy support and pump it up. |
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so for diff we are stuck now right? will need to wait 256 or 1024 blocks to be adjusted?
These numbers where getting close to 12hrs for MTP of block 6 . Maybe some miners will back off and let some more difficulty adjustments downward happen before the regular difficulty adjustment. |
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