In the silence
Sr. Member
 Offline
Activity: 1289
Merit: 294
''Vincit qui se vincit''
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August 01, 2017, 12:37:36 PM |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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JessicaG
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August 01, 2017, 12:37:53 PM |
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Not sure what I was expecting to happen but we're past the time now...?
The fork time of 12:20pm UTC refers to the median time of the blockchain. It typically lags behind the real time by 6 blocks or about an hour. So the real split should happen some time after 13:20pm. Depending on BCH's hashrate it could take them some time to find their first block and split the chain. That first block could take a while... |
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Wexlike
Legendary
Offline
Activity: 1473
Merit: 1086
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August 01, 2017, 12:38:14 PM |
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entons
Newbie
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Activity: 14
Merit: 0
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August 01, 2017, 12:38:50 PM |
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Hashrate has dropped on the main chain? We've got only 6 blocks in last 2 hours  |
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leowonderful
Legendary
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Activity: 1624
Merit: 1129
Bitcoin FTW!
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August 01, 2017, 12:39:06 PM |
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When median time reaches 12:20 UTC (a little while, wait) and a block bigger than 1MB is formed, the fork begins. Neither of those things have happened yet. Keep in mind the network median time always lags behind so it is technically not 12:20 yet. |
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NUFCrichard
Legendary
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Activity: 1218
Merit: 1003
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August 01, 2017, 12:41:59 PM |
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When median time reaches 12:20 UTC (a little while, wait) and a block bigger than 1MB is formed, the fork begins. Neither of those things have happened yet. Keep in mind the network median time always lags behind so it is technically not 12:20 yet. I don't get the median time stuff, the countdowns are over, the bitcointalk time is now 12:39, why isn't the average time also 12:20? I expected the split already, looking at the alts markets, others did too! I guess some jumped the gun as the fork hasn't happened yet. I wonder how many other people are frantically hitting f5 a lot today! |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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August 01, 2017, 12:42:56 PM |
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Oh I remember bitfury.
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becoin
Legendary
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Activity: 3431
Merit: 1233
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August 01, 2017, 12:43:30 PM |
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I chose waiting tactics. Im reluctant to believe there will be fast free money drop on every bitcoin holder.
It just can't work like that. This is Bitcoin! In Bitcoin it works just like that! Since 2009 every bitcoin holder has free money drop. Ver and Wu are willing to advertise their ego upon us. And they are willing to pay. As far as they pay high enough they'll have part of my attention. |
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micalith
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August 01, 2017, 12:44:03 PM |
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coinfloor down for maintenance
"Throughout today (1st August 2017) and specifically around 12:00 UTC (1 PM BST) there will be periods of downtime as we perform upgrades in preparation for the hard fork."
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drbrockcoin
Full Member
Offline
Activity: 137
Merit: 100
For your listening pleasure, Fuck World Trade!
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August 01, 2017, 12:44:09 PM |
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Kraken is down. Coinfloor has no problems at all
thank you for the report. Would be nice if everyone could describe his experience with the exchanges. A review during time of stress. KRAKEN DOWN BITTREX WORKING but no BCC yet!!! so for now Bittrex>kraken ? NO I was already logged in... a friend is trying to logon to Bitrex but cannot |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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August 01, 2017, 12:44:17 PM |
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Oh I remember bitfury.
What do you mean? |
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leowonderful
Legendary
Offline
Activity: 1624
Merit: 1129
Bitcoin FTW!
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August 01, 2017, 12:45:16 PM |
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When median time reaches 12:20 UTC (a little while, wait) and a block bigger than 1MB is formed, the fork begins. Neither of those things have happened yet. Keep in mind the network median time always lags behind so it is technically not 12:20 yet. I don't get the median time stuff, the countdowns are over, the bitcointalk time is now 12:39, why isn't the average time also 12:20? I expected the split already, looking at the alts markets, others did too! I guess some jumped the gun as the fork hasn't happened yet. I wonder how many other people are frantically hitting f5 a lot today! Median time is like Network Time- It is never usually the same as the time that we are on for many reasons. Give it ~30 minutes and we will be on our way. Traders always sell early, not much of a surprise to me. It will likely go down more as the real traders start to dump. |
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williamuk
Member
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Activity: 70
Merit: 10
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August 01, 2017, 12:47:26 PM |
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Kraken is down. Coinfloor has no problems at all
thank you for the report. Would be nice if everyone could describe his experience with the exchanges. A review during time of stress. Bittrex / Poloniex / HitBTC worked fine for me |
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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August 01, 2017, 12:47:33 PM |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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August 01, 2017, 12:47:33 PM |
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Oh I remember bitfury.
What do you mean? they finally found a block cos hashrate is so low |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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August 01, 2017, 12:48:00 PM |
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This is some shitty volatility. It's not what I signed for.
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leowonderful
Legendary
Offline
Activity: 1624
Merit: 1129
Bitcoin FTW!
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August 01, 2017, 12:48:59 PM |
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This is some shitty volatility. It's not what I signed for.
Some guys jumped the gun. This probably isn't even the beginning as the order books are so thin the price could drop like a stone if it is allowed to. |
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bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
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August 01, 2017, 12:49:54 PM |
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Oh I remember bitfury.
What do you mean? they finally found a block cos hashrate is so low They are regularly finding blocks. Hashrate is anything but LOW  |
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Tmdz
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August 01, 2017, 12:50:51 PM |
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So many people coned into buying btc at inflated prices to get BCC and now its down $200.
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