Imagine what its price would be now without the stench of being an admitted scamcoin. If the tech works, hopefully it will get forked with fair circumstances (with a better naming scheme and without the rabid fanbase ). But I have my doubts.
|
|
|
As far as I know the two coins use the same address generating method so the private key of the BTC address you have sent the coins to can be used to get the same address on BCH.
The problem is if you sent coins to an address that you don't own the private key to.
|
|
|
I use TabTrader app for that.
|
|
|
Yes, but based on block times since the difficulty floored, deposits will take ~11 hours to get the required 20 confirmations.
|
|
|
These could be forums, authors who have a history of writing about well performing ICOs, Twitter accounts lol, news sites, podcasts, etc.
ICOs are inherently not reliable nor trustworthy. They're centralized, rely on trust and offer no guarantees. Pretty much the opposite of what crypto strives for.
|
|
|
Hey, Electron Cash is still very early and have bugs. It's not an official Electrum wallet. And on BCH's website when you click on Electrum Cash under Wallets you'll get this:
|
|
|
it still offer a different solution to scaling, which is mandatory, for your information without the possibility to scaling, bitcoin will never be adopted globally, all the transaction will be stuck forever with very expensive fee, now segwit will be activated, and meanwhile we have already a solution on another fork called bitcoin cash, i think it will be accepted by merchants in the enar features
No, it won't. If hundreds of altcoins with much higher TPS couldn't dethrone BTC, a lazy split certainly won't.
|
|
|
NOTHNG good long term can come of BCC. I don't care, dump it, pump it do what the fuck you want with it but in the end get that shit out of here.
1. Bitcoin doesn't need to scale it's never was going to be a settlement medium. It's a store of wealth and the backbone of the decentralised crypto currency world. It's not fucking VISA.
2. We have plenty of other alts that can serve as payment chains.
3. BCC undermines in the eyes and minds of many people the idea of Bitcoin and so the whole community crypto currency will long term suffer if we don't just dump this shit and treat it for what it is a shitcoin scam. If it stays around then newbies will start thinking it's better than Bitcoin and we will upend Bitcoin and crypto.
4. If we continue with this coin the. The small gains people got from BCC will dwarf the amounts lost over time from potential BTC and alt rises.
If someone wanted to kill the idea of Bitcoin then I can't think of anything better than keep making Bitcoin chains till no one takes any of it seriously. We all lose...
Absolutely agree. BCH is nothing but being detrimental to Bitcoin. Unprofessional, a source of confusion and it's obvious that millions were poured into it to advertise it. So your saying the original plan for bitcoin that is looking for OFF chain solutions to the transaction capability issue is the correct way?
Both project have altered views on how the development should progress. If anything its the bad press surrounding the fork that caused the problem.
Think about this.. The original vision for bitcoin was that of ON chain development. On chain development ie block size increase and replay protection are great advances in the protocol its looking for on chain solutions to keep de-central.
Were as you have the original bitcoin looking at Off chain solutions such as lightning network.
Which one was the original vision by satoshi.
While I was sceptical about the fork at first now once I have had time to evaluate it I can see no issue arrisuing from it. The fact it helped many people make money and it gives people a choice now I feel is good.
But we await to see the next move by the developers.
There's no reason that everyone's morning coffee should be on the Bitcoin blockchain. There are hundreds of altcoins for that. And with 10 minute blocktimes it's obvious it's not intended for very time sensitive payments. And while BCH is now unused, if it would be used by thousands of services, fees would increase pushing microtransaction out regardless of blocksize. There's no way avoiding a fee market and that is fine. "The fact it helped many people make money and it gives people a choice now I feel is good."
That money has to come from somewhere, disenfranchising people from crypto who lost on a heavily pumped fork is detimental to Bitcoin.
|
|
|
BTC is not intended for very time sensitive transactions like your coffee with its 10 minute blocktimes - regardless of fees. Same goes for BCH.
And regardless of the blocksize, if enough people and services use the network, a fee market is unavoidable so microtransactions will get expensive.
And that's perfectly fine, there are hundreds of altcoins for your coffee.
|
|
|
Hi folks, I´ve got 2.2 BCH (Bitcoin Cash) at Kraken. I would like to transfer them to Bittrex. But there is no deposit-adress for BCH at Bittrex. So do I have to use a BTC-Adress for the transfer? Is it possible to send BCH to an BTC Adress? And if so - are the coins then booked as BTC or as BCH? Thank you for your help!! No, do not send BCH to BTC address. The BCH wallet on Bittrex is under maintenance as they are waiting for the BCH network to stabilize before allowing deposits. So now you can't depost BCH but you'll be able to do so later.
|
|
|
so it ends up the big farmers only get bigger with projects like this! sorry but the few huge ones out there will sweep this up in a heart beat and leave the small single gpu farmers dry in the mouth!
You know that ASIC miners are available today for almost every kind of algo? I think Sha256 is fair because ASIC of this kind are the most affordable and you can use the same which you are using to mine BTC, this gives a great starting userbase to a coin. I think PoS is good because gives people the chance to mine without hardware, just holding their coins in wallet. Not exactly. Here are some GPU-only algos that doesn't have ASICs: bastion Hefty bastion bitcore Timetravel-10 blake Blake 256 (SFR) blake2s Blake2-S 256 (NEVA) blakecoin Fast Blake 256 (8 rounds) bmw BMW 256 cryptolight AEON cryptonight (MEM/2) cryptonight XMR cryptonight c11/flax X11 variant decred Decred Blake256 deep Deepcoin equihash Zcash Equihash dmd-gr Diamond-Groestl fresh Freshcoin (shavite 80) fugue256 Fuguecoin groestl Groestlcoin heavy Heavycoin hmq1725 Doubloons / Espers jha JHA v8 (JackpotCoin) keccak Keccak-256 (Maxcoin) lbry LBRY Credits (Sha/Ripemd) luffa Joincoin lyra2 CryptoCoin lyra2v2 VertCoin lyra2z ZeroCoin (3rd impl) mjollnir Mjollnircoin myr-gr Myriad-Groestl neoscrypt FeatherCoin, Phoenix, UFO... nist5 NIST5 (TalkCoin) penta Pentablake hash (5x Blake 512) sia SIA (Blake2B) sib Sibcoin (X11+Streebog) scrypt-jane Scrypt-jane Chacha skein Skein SHA2 (Skeincoin) skein2 Double Skein (Woodcoin) skunk Skein Cube Fugue Streebog s3 S3 (1Coin) timetravel Machinecoin permuted x8 tribus Denerius vanilla Blake256-8 (VNL) veltor Thorsriddle streebog whirlcoin Old Whirlcoin (Whirlpool algo) whirlpool Whirlpool algo x11evo Permuted x11 (Revolver) x17 X17 wildkeccak Boolberry zr5 ZR5 (ZiftrCoin) And ASICs are centralized and attract a different group of people.
|
|
|
This is what this reminded me as well.
|
|
|
My guess is BTC 3200$ and BCH 40$ Bitcoin Cash has just processed a block of 4.7MB without any issues. We've been told many times by Core/Blockstream that anything above 1MB is dangerous. Bitcoin Cash clearly shows it was a big lie. Transactions with Bitcoin Cash cost a penny; transactions with Bitcoin/Segwit cost a dollar to send. More people are going to use Bitcoin Cash because it's so much cheaper, followed by price, followed by hashrate I really don't get why people don't get the simple fact that if transactions are super cheap than so is spammig 8 MB or even gigabyte blocks full therefore raising fees. There has to be a transaction fee market and there's no way around that - which is fine. 8MB blocks might still be dangerous along with the rest of the changes BCH did but the issues might not get unveiled for a long time.
|
|
|
bathrobehero, Legendary, could you please explain what this means for the average user like me
can I still send BCH to an exchange to sell for BTC or is it over already? ty
You will be able to sell once the network starts moving. As the difficulty will decrease in the adjucted blocks, eventually blocks will be found at the same rate as Bitcoin (even if not many people would mine it) so exchanges will accept deposits and withdrawals.
|
|
|
i am interested to buy BCC (Bitcoin cash) after hardfork for long term, is it worth to buy it now or wait?
Hi. As btc successfully obtained segwit technology, no hard fork happened. Thus, your question is irrelevant to current situation. However, some people still think bcc is worth buying, for it is closer to what btc always was, closer to what Satoshi meant it to be.. That's why probably it is not worthless but I think it is just another coin now. It is up 55%, of course, but I think it will eventually go down. If something is worth to be done with bcc then I think it is not buying but mining it, because we all now the first coins are so easy to mine whereas afterwards it is all not that easy.Not yet, because they also inherited Bitcoin's difficulty with the split. This is why BCH is currently 108 blocks behind BTC. For comparison there are 144 blocks per day to be found. But BCH is designed that if blocks take over 2 hours to be found, its difficulty will decrease by 20% per block - which didn't happen yet for some reason even though there were much slower blocks. Mining power following the profits means an equilibrium will be reached meaning the hashrate of both coins will be tied to their price.
|
|
|
No way.
The two won't have a combined price of $4500. Especially not with BCH being detrimental to BTC.
I can't see BCH's price increasing, especially when people start dumping. BCH would have to be pumped by a lot of massive players to pump it enough.
|
|
|
what i guess on some exchanges, Bitconnect is already supposed to be BCC means BCC on the other hand stands for bitconnect. So very possible, that's why bittrex assigned BCH to Bitcoin Cash, right?
Yes, I've seen for a few days now people referring to Bitcoin Cash as BCH.
|
|
|
From what I've read so far about Spreadcoin and Helium, Helium is the version2 of Spreadcoin. I could be wrong.
SpreadCoin is scrypt algo and Helium will be x11 algo, also the masternode model has a slightly different approach, Helium will follow Dash (1.000 coins are required / allocated). Both coins have their own dev and roadmap (that is the reason of the 'split') Spreadcoin is not scrypt, it uses SpreadX11, a modified X11 algo. Spreadcoin have no ASICs but Helium will only be mined by ASICs effectively because of X11, mostly from multipools by people who won't ever know they're mining HLM as they just get paid in BTC. And it's pretty much guaranteed HLM's difficulty will get kicked to super high and stuck there for a while a few times if ASICs kick it off and leave - once the price drops or interest fades.
|
|
|
|