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Author Topic: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees  (Read 581591 times)
bones261
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January 14, 2018, 02:04:17 AM
 #13041



But what about your 8MB blocks can't they cope and even with a full mempool BTC is still processing more transactions per block with a average of 2500tx/block on BTC and 800tx/block on BCH

Yes the BCH chain is being spammed with inefficient low value transactions but guess what most of the BTC chain is low value inefficient transactions


Well, to be fair, anyone sending a transaction on the BCH chain can probably get away with 5 sats per block an be included in the next block. However, the bottleneck on the BTC chain is at the 100-120 sat level. Only inconvenience is that everyone running a BCH full node has to store 8 MB of mostly trash transactions, every 10 minutes. Wonder what will happen when they hard fork BCH  and get rid of the block size limit? Are the miners going to process the trash or just ignore the low fee tx? We will see...

Edit: It appears that Antpool, BTC.Top and Mystery miners are limiting their blocksize to only 2MB. ViaBTC and Bitcoin.com are allowing up to the full 8MB. That really sucks that the Jihan Wu and friends only want to mine 2MB blocks.  Angry

Ohhh noes, ehrmagerd, it's 70MB!!!! Should we decrease the blocksize?!


It appears that Antpool, BTC.top and the Mystery miners have elected to decrease the blocksize.  Cool

Shamelessly accepts BTC feedings at 347oXB9q4L8K6R4F4anwbePQHASi9BMu37
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January 14, 2018, 03:52:38 AM
 #13042

My friend said that BCH is currently just breaking into the ascending channel and I bought some because I think BCH has not developed for a long time


Momentum is for going up. It looks like the run up is not over yet. The recent high of 0.292 BTC could be tested.
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January 14, 2018, 04:27:46 AM
 #13043

BCash will never cease to amaze me. What the F is it doing at 0.1915? Should be max 0.165... The only stable median in the chart.

Well done to the believers though. Happy you got what you wanted.


This is a bit sad if 0.195 is considered as the best thing it can do ...

That depends on how hard BTC falls. Could well be 1.95 after the flippening


No still here

Your mempool is filling up though almost at 100MB

Ohhh noes, ehrmagerd, it's 70MB!!!! Should we decrease the blocksize?!

You ready to answer the question? Come on buddy just have fun with it.


we need 1337MB blocks :-D weeee

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
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January 14, 2018, 04:33:51 AM
 #13044

is this the reason why bitcoin cash is keep the price up? bitcoin cash a huge potential in the future just like ethereum and ethereum classic. will be watching in this thread for the fork.


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bonipper
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January 14, 2018, 04:35:39 AM
 #13045

My friend said that BCH is currently just breaking into the ascending channel and I bought some because I think BCH has not developed for a long time


Momentum is for going up. It looks like the run up is not over yet. The recent high of 0.292 BTC could be tested.

Now is the best time to buy as it's during a dip. It's too late to get in at a good price after its started the run up to a high.
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January 14, 2018, 06:09:29 AM
 #13046

Bitcoin Cash voting is going on to be accepted payment option here https://protonmail.uservoice.com/forums/284483-feedback/suggestions/31326976-bitcoin-cash-payment-option

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January 14, 2018, 07:32:08 AM
 #13047

BCash will never cease to amaze me. What the F is it doing at 0.1915? Should be max 0.165... The only stable median in the chart.

Well done to the believers though. Happy you got what you wanted.


This is a bit sad if 0.195 is considered as the best thing it can do ...

That depends on how hard BTC falls. Could well be 1.95 after the flippening


No still here

Your mempool is filling up though almost at 100MB

Ohhh noes, ehrmagerd, it's 70MB!!!! Should we decrease the blocksize?!

You ready to answer the question? Come on buddy just have fun with it.

But what about your 8MB blocks can't they cope and even with a full mempool BTC is still processing more transactions per block with a average of 2500tx/block on BTC and 800tx/block on BCH

Yes the BCH chain is being spammed with inefficient low value transactions but guess what most of the BTC chain is low value inefficient transactions


Mempool garbage cleared in 16 hours. https://jochen-hoenicke.de/queue/uahf/#24h

The fees rose, and the spammer ran out of coin for his attack.  Kinda how Satoshi envisioned the network to work, self-regulated by economic self-interests. Any other questions or concerns? Or just more of the usual FUD?

The BTC chain is ALL super expensive transactions with up to 40% of UTXO completely unusable due to the high fees. Still hodling? Drinking any "champaign"?

How about answering the question?
classicsucks
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January 14, 2018, 07:41:23 AM
 #13048

we need 1337MB blocks :-D weeee

Careful, don't exceed that 640K RAM cap... and Adam Back can only carve zeroes and ones into those stone tablets so fast...

Anyone see Steve Mnuchin getting his rectum a little scrunched up here: https://www.bloomberg.com/news/articles/2018-01-12/mnuchin-warns-against-bitcoin-becoming-next-swiss-bank-account

His bitch got all salty because it was only singles:

arallmuus
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January 14, 2018, 08:38:16 AM
 #13049

is this the reason why bitcoin cash is keep the price up? bitcoin cash a huge potential in the future just like ethereum and ethereum classic. will be watching in this thread for the fork.

Every coin has the potential to be going up in the future given that they keep continuing the development of it. Most of the reason that bitcoin cash exchange rate spiked was because it was listed in coinbase

Totally a huge achievement if you ask me considering they are only less than 1 year . It has an exchange rate on par with ethereum and the potential to be keep going up for more at this point

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January 14, 2018, 08:40:03 AM
 #13050

we need 1337MB blocks :-D weeee

Careful, don't exceed that 640K RAM cap... and Adam Back can only carve zeroes and ones into those stone tablets so fast...

Anyone see Steve Mnuchin getting his rectum a little scrunched up here: https://www.bloomberg.com/news/articles/2018-01-12/mnuchin-warns-against-bitcoin-becoming-next-swiss-bank-account

His bitch got all salty because it was only singles:



Is that photoshopped? what a weird picture ...
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January 14, 2018, 08:47:58 AM
 #13051

If I invest in BCH now, is it too late? I see the current price is slightly higher. But it is very potential.  Please give me some advice.
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January 14, 2018, 09:18:07 AM
 #13052



But what about your 8MB blocks can't they cope and even with a full mempool BTC is still processing more transactions per block with a average of 2500tx/block on BTC and 800tx/block on BCH

Yes the BCH chain is being spammed with inefficient low value transactions but guess what most of the BTC chain is low value inefficient transactions


Well, to be fair, anyone sending a transaction on the BCH chain can probably get away with 5 sats per block an be included in the next block. However, the bottleneck on the BTC chain is at the 100-120 sat level. Only inconvenience is that everyone running a BCH full node has to store 8 MB of mostly trash transactions, every 10 minutes. Wonder what will happen when they hard fork BCH  and get rid of the block size limit? Are the miners going to process the trash or just ignore the low fee tx? We will see...

Edit: It appears that Antpool, BTC.Top and Mystery miners are limiting their blocksize to only 2MB. ViaBTC and Bitcoin.com are allowing up to the full 8MB. That really sucks that the Jihan Wu and friends only want to mine 2MB blocks.  Angry

Ohhh noes, ehrmagerd, it's 70MB!!!! Should we decrease the blocksize?!


It appears that Antpool, BTC.top and the Mystery miners have elected to decrease the blocksize.  Cool

Why should they per today?

Reality is that there are still not same amount of tx needed economically as for btc and why do you want to have too much attack potential (for BS minions et al)?

Things are not perfectly sorted out atm and more to come.

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
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January 14, 2018, 09:50:42 AM
 #13053


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Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

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January 14, 2018, 10:18:24 AM
 #13054

BCash will never cease to amaze me. What the F is it doing at 0.1915? Should be max 0.165... The only stable median in the chart.

Well done to the believers though. Happy you got what you wanted.


This is a bit sad if 0.195 is considered as the best thing it can do ...

That depends on how hard BTC falls. Could well be 1.95 after the flippening


No still here

Your mempool is filling up though almost at 100MB

Ohhh noes, ehrmagerd, it's 70MB!!!! Should we decrease the blocksize?!

You ready to answer the question? Come on buddy just have fun with it.

But what about your 8MB blocks can't they cope and even with a full mempool BTC is still processing more transactions per block with a average of 2500tx/block on BTC and 800tx/block on BCH

Yes the BCH chain is being spammed with inefficient low value transactions but guess what most of the BTC chain is low value inefficient transactions


Mempool garbage cleared in 16 hours. https://jochen-hoenicke.de/queue/uahf/#24h

The fees rose, and the spammer ran out of coin for his attack.  Kinda how Satoshi envisioned the network to work, self-regulated by economic self-interests. Any other questions or concerns? Or just more of the usual FUD?

The BTC chain is ALL super expensive transactions with up to 40% of UTXO completely unusable due to the high fees. Still hodling? Drinking any "champaign"?

How about answering the question?

It's just as high as before and the issue is not that it cannot be cleared it's that it can be financially possible to do and needs to be stored forever yes btc is higher but 100sat transactions go through next block

Whoever is spamming the BCH chain is not really spending anything major so providing they keep it up then it could possibly go on for months I mine more in 1 day compared to what they are burning and the dip could have been a simple script or server crash or what they had tied up in unconfirmed transactions




Secure your coins get a hardware wallet from Amazon Buy Trezor (US) / Buy Trezor (UK) / Buy Ledger Nano S (US) / Buy Ledger Nano S (UK)
Donate (BTC:3KdHduT34Nk2MdYEfmoprDtLBhSGNLRk57), (BCH:12XwRDVs6ESNURAXQtKtnWBB79TGmWerP7), (ZEC:t1TTUuT71uQQAKfarKv2frFR54KLrVDw3KZ)(LTC:MPabK2gcSnct7KjVhrWTT8Tdu3MJamdLDy), (BTG: AJqF95poirX2We5HYYYUWHY9iAmJqBg2e2)
View Mempool Stats for Bitcoin BTC, Litecoin [LTC], Bitcoin Cash (Bcash) [BCH], Bitcoin Gold (Bgold) [BTG]
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January 14, 2018, 11:29:39 AM
 #13055

BCash will never cease to amaze me. What the F is it doing at 0.1915? Should be max 0.165... The only stable median in the chart.

Well done to the believers though. Happy you got what you wanted.


This is a bit sad if 0.195 is considered as the best thing it can do ...

That depends on how hard BTC falls. Could well be 1.95 after the flippening


No still here

Your mempool is filling up though almost at 100MB

Ohhh noes, ehrmagerd, it's 70MB!!!! Should we decrease the blocksize?!

You ready to answer the question? Come on buddy just have fun with it.

But what about your 8MB blocks can't they cope and even with a full mempool BTC is still processing more transactions per block with a average of 2500tx/block on BTC and 800tx/block on BCH

Yes the BCH chain is being spammed with inefficient low value transactions but guess what most of the BTC chain is low value inefficient transactions


Mempool garbage cleared in 16 hours. https://jochen-hoenicke.de/queue/uahf/#24h

The fees rose, and the spammer ran out of coin for his attack.  Kinda how Satoshi envisioned the network to work, self-regulated by economic self-interests. Any other questions or concerns? Or just more of the usual FUD?

The BTC chain is ALL super expensive transactions with up to 40% of UTXO completely unusable due to the high fees. Still hodling? Drinking any "champaign"?

How about answering the question?

It's just as high as before and the issue is not that it cannot be cleared it's that it can be financially possible to do and needs to be stored forever yes btc is higher but 100sat transactions go through next block

Whoever is spamming the BCH chain is not really spending anything major so providing they keep it up then it could possibly go on for months I mine more in 1 day compared to what they are burning and the dip could have been a simple script or server crash or what they had tied up in unconfirmed transactions





Yours is really painful now. You are like mclaren honda saying that in the next race we will be fighting for the podium when you really break the engine in the second round.

Your level of fomo and fud has reached so high that I hate reading you even. I suppose that your dignity should have a low price and you are only an ape behind a keyboard, writing what core troll tells you, in return, they give you a banana, and you only hope that this time the banana is not very rotten .. ..

This is your bitcoin core / segwit paypal

https://blockchain.info/unconfirmed-transactions

https://fork.lol/blocks/size

https://bitinfocharts.com/comparison/transactionfees-btc-bch.html#3m

Core rate 28 dollars on average ....

Core time, hours even days .....

Bitcoin cash rates the real bitcoin 0.02 cents

Confirmation time ... INSTANT, 0 confirmations is fully available and usable. You have total security that your tx will be included in the next block of 10min, and well, if you buy a porch, maybe you can give yourself a 10-minute walk trying the car with the seller before they let you go ...

Go lose your dignity in another forum, well I'll buy it, it should not be too expensive, do you accept bitcon cash?


BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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January 14, 2018, 12:57:50 PM
 #13056


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Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

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January 14, 2018, 01:10:36 PM
 #13057


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Website: www.Bitcoincash.org
Thread: Bitcoin Cash Thread
Donate BCH: 1JhDmQFpjndJGB7SjmD7C55fwwbkCpytaj

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svennnny
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January 14, 2018, 02:42:45 PM
 #13058

If I invest in BCH now, is it too late? I see the current price is slightly higher. But it is very potential.  Please give me some advice.

Yes it's too late. It's a shitcoin very manipulated full of Bshills spamming propogranda.
They are claiming for months that the flippening is happening as you can see there is no flippening at all.

I recommend you to do your own research and don't listen to anyone here that is red tagged.
Those people can't be trusted.
David48l
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January 14, 2018, 03:07:47 PM
 #13059

If I invest in BCH now, is it too late? I see the current price is slightly higher. But it is very potential.  Please give me some advice.

Yes it's too late. It's a shitcoin very manipulated full of Bshills spamming propogranda.
They are claiming for months that the flippening is happening as you can see there is no flippening at all.

I recommend you to do your own research and don't listen to anyone here that is red tagged.
Those people can't be trusted.

It seems totally irresponsible to me your bad investment advice.

Also the same shit as always, Fud and more Fud. I should read the definition of shitcoin before saying that bch is.

Bitcoin cash now has important fundamentals that make it an investment for the coming months.

haidangtp ignore him, stupidity is a very dangerous weapon.

Any time is good to invest in Bitcoin cash, in 6 months your investment will have more value, I assure you.

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
Revenant-Luke
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January 14, 2018, 03:12:10 PM
 #13060

that's interesting looking forward to ferther information

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