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541  Economy / Speculation / Re: Bitcoin Legacy (aka AXAcoin, aka Bitcoin Core Coin) chain won't survive on: August 05, 2017, 12:29:11 PM
I think it is human nature for people to cheat if the cost is small and the reward is large.

I ask myself, was it costly for big blockers to fork the chain to get BCC? At present I can't see much cost on the big blocker side. Maybe a loss in reputation for the moment. The reward was immense. They already got their optimal/profitable version of bitcoin that they can put their 100's of millions of equipment towards. The cost/reward explains why the hard fork took place despite the consensus to do segwit2x.

Then the next question is whether the big blockers will pull their resources from BTC. The cost would be another stain on their reputation, public outcry, the market would take a hit as BTC grinds to a halt. Since BTC doesn't have difficulty adjustment like BCC a sudden pull back by big blockers will not end well. The rewards are immense for them. Their version will moon and replace BTC as Bitcoin and they can profit and dictate Bitcoin's future, no more appeals and consensus reaching with Core devs. The cost/reward does indicate to me that this has a good chance of taking place.

Oh mining BCH is definitely costly right now. And I'm not talking about reputation here but cold. Hard. Cash.

According to coin.dance the BTC chain is currently more than twice as profitable as the BCH chain - https://cash.coin.dance/blocks

But it seems like they don't account for the slow BCH block times, meaning it's probably much worse than that.


Let's do the math.


There's currently ~144 BTC blocks / day, 12.5 BTC per block, USD 3100,- each. That gives us 144 * 12.5 * 3100 = USD 5,580,000,- divided amongst miners per day.

On the other hand we have ~19 BCH blocks / day, 12.5 BCH per block, USD 230,- each. That gives us 19 * 12.5 * 230 = USD 54,625,- divided amongst miners per day.

So unless only 0.97% of former BTC miners have pointed their hashpower towards BCH they are bleeding money as we speak. If say 5 * 0.97% = 4.85% of former BTC's hashpower is pointed towards BCH right now they operate at only 1/5th of the profits that they could gain from the BTC chain. That means collectively more than USD 200k each day that could be gained by mining BTC instead.


So yeah, either BCH's hashpower is freakishly small or they currently pay with much more than just their reputation.


Wrong. Only the difficulty is the relevant part for mining profitability.
542  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 12:22:29 PM
Who is winning the ath game  Shocked

Yes bikerleszno But hè Still needs to reply............... waiting and however hè didn't give technical reason so i'm happy today BITCOIN prooving itselfs once again after all fud, fork and so on that d_eddie Will Still be rewarded for the Nice explanation
I enjoyed this ride and Will open A new one when i paid today .25 bikerleszno en .25 d_eddie .....

Hope Next game opens quick ( so in the future black hole where we are going in this to Guy's made like .25% of the 500k thats been predicted Smiley )

So my technical reason is easy. BIP91 activated 1st august. BIP141 will activate 10th august. So i shooted half of this way and i can make next bet 10 august we will be above 3500 and very near to 4000 in my opinion.

BTC ADDRESS : 1LyuHFHQQuGt6hLjsW8FN4VkiBC6nbCTQD

so sorry for runnin little bit late just @home and sending in 2 minutes greetsssssss

Thank you very much for this reward. It is on the way. Guys it is real : https://blockchain.info/tx/420c7905c85277d884a96adb6253e300822eae02c53ba3bd8ac2af26a80b63a2

This day is really good for me Wink Thank you one more time Smiley

thanks for posting this i appriciate it and later this weekend i'm thinking of releasing a new guess game i hope it was a good one and not to annoying with the updates sometimes .....

Give this man a lot of trust rating!
543  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 09:12:44 AM
Just wow.
544  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 03, 2017, 01:46:36 PM
FUCK YEAH got my BTC I made from Bitcoin Crash. Fucking amazing. So much free money!! Bought a truly excellent bottle of champagne, gonna celebrate with my GF tonight =D

https://youtu.be/gKw5mBh4rYs

Enjoy ! Wink
545  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 06:41:11 PM
Can't wait for the SegWit2x HF.  Grin
546  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 05:12:46 PM
HitBit accepted my shitcoins after only 1 confirmation ! And withdrawal was limitless, got my Btcs just a minute after withdrawal. Best exchange experience ever.

What price did you sell? I donno if I should wait for the next pump.... It is half than this morning.

0.15/BTC. This coin is DoA, never expected more than 5% and now I got 15% ! On the other exchanges it's just trader pumping and dumping air to each other. Wait till the flood gates are open and see the price crash. The blockchain is practically frozen. Nevertheless, crazy last 48h hours. I need drinks and/or sleep.
547  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 05:04:25 PM
HitBit accepted my shitcoins after only 1 confirmation ! And withdrawal was limitless, got my Btcs just a minute after withdrawal. Best exchange experience ever.
548  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 04:56:05 PM
Sold them all ! I am getting fucking drunk now !

THANK YOU ROGER VER!!!!!!!!!!!!
549  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 11:12:20 AM
Of course BCH is going higher. It's near impossible to get BCH to an exchange to dump it. The pumpers are not having to work very hard at the moment.

In the meantime BCH is failing to mine blocks. So much for being the 'faster' bitcoin. They are finding out that it's not so simple to build something that actually works.

They are not failing, they just simply stopped. They will continue after they left the 12h difficulty adjustment window.
550  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 10:57:39 AM
0.278 on bittrex, wow. When we can deposit there?

In ~2-3 days, until the mining difficulty falls back enough to create new blocks.
551  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 11:24:09 PM
And we just had our first BCC pump and dump.  Cool
552  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 07:28:37 PM
Bittrex is on fire with 0.14 BCC/BTC.
553  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 06:26:28 PM
anyone buying BCC here ?  Grin Grin Roll Eyes Roll Eyes Roll Eyes Roll Eyes
only fools probably  Cheesy
I cant wait for first bcc blocks to see how many coins are moving to exchanges for dumping Smiley
first:
974.11931687    

The exchanges are not providing any deposit addresses yet.

It was btw a 1900 kB block with 28k bcc-coins transfered.
554  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 06:14:47 PM
Block found ! Finally..

It's alive.  Grin
555  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 02:02:21 PM
WTS Bitcoin Cash for 0.14 Btc each.

Write me a PN.
556  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 01:43:47 PM
The crypto world is not ready yet for main stream. -.-
557  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 01:27:56 PM
Quote
The last common ancestor block is 478558. We are working now to credit BCH balances and enable trading. https://status.kraken.com/

https://twitter.com/krakenfx/status/892375624576155648

Kraken Login Page:

503
Service Unavailable

The requested service is currently unavailable.



 Grin
558  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 01:23:46 PM
getblockchaininfo
559  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 01:17:36 PM
5 more regular blocks and then 1 ABC block with a size > 1MB to go until the HF happens.

Code:
Current median time: 1501585575
HF needed median time: 1501590000

 Roll Eyes

Can you tell me where to get the median time? I used https://www.btcforkmonitor.info/ but it is down sometimes.

I'm watching my full node. Smiley

Edit: I'll post it here for you.

Reached!

Edit: Median time 1501591048. Fork time, baby !
560  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 01:16:48 PM
5 more regular blocks and then 1 ABC block with a size > 1MB to go until the HF happens.

Code:
Current median time: 1501585575
HF needed median time: 1501590000

 Roll Eyes

Can you tell me where to get the median time? I used https://www.btcforkmonitor.info/ but it is down sometimes.

I'm watching my full node. Smiley

Edit: I'll post it here for you.
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