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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703958 times)
Nortoxxx
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August 02, 2017, 10:34:37 AM
 #1861

wow, BCC purchased volume on HITbtc equals 410 BTC and it grews well - seems, not more than 4 days till week is needed for BCC holding from 0.16
forevernoob
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August 02, 2017, 10:38:01 AM
 #1862

When do you guys think Bittrex will open BCC deposits?

tekmobile
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August 02, 2017, 10:39:48 AM
 #1863

When do you guys think Bittrex will open BCC deposits?

Probably when more miners support the network and not run by just the one or two so possibly never may just end up being delisted
Mika141
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August 02, 2017, 10:40:34 AM
 #1864

Bitcoin cash to 3$!!!!


Corrected for you

Sorry... To 3000$ today
ImI
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August 02, 2017, 10:42:06 AM
 #1865

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

It's a possible outcome.

There are many possible outcomes.

That's his/her opinion. Doesn't seem terribly unreasonable to me though.

Of course, it sounds bizarre that any exchange would de-list a token trading at $400+. But if that token has no network, and thus cannot transact, then it becomes redundant. Regardless how much the market "thinks" it's worth. Just because a token has value in the market, does not guarantee it's survival. The two are not tied by any sort of guarantee.

Exactly, if there won´t be enough miners, then BCC will possibly die soon, nodoby will keep a currency with slow confirmations, it's not viable, this is the actual scenario.

Miners follow price.

After the diff-adjustment that should happen the next days it will be extremely profitable to mine BCH. It's quite obv what any sane miner does then.
kashish948
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August 02, 2017, 10:42:29 AM
 #1866

When do you guys think Bittrex will open BCC deposits?

Probably when more miners support the network and not run by just the one or two so possibly never may just end up being delisted

more miners will join with this price
tekmobile
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August 02, 2017, 10:44:41 AM
 #1867

When do you guys think Bittrex will open BCC deposits?

Probably when more miners support the network and not run by just the one or two so possibly never may just end up being delisted

more miners will join with this price

So what you are saying is that its a race to get miners on board before the users that bought give up and the value becomes worthless.

Johnny00
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August 02, 2017, 10:46:06 AM
 #1868

When do you guys think Bittrex will open BCC deposits?

Probably when more miners support the network and not run by just the one or two so possibly never may just end up being delisted

Yup this. This thread posted in altcoins tells you its just an altcoin withe only 12 blocks. It will be a long time before you can deposit https://cash.coin.dance/blocks


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tekmobile
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August 02, 2017, 10:51:00 AM
 #1869

When do you guys think Bittrex will open BCC deposits?

Probably when more miners support the network and not run by just the one or two so possibly never may just end up being delisted

Yup this. This thread posted in altcoins tells you its just an altcoin withe only 12 blocks. It will be a long time before you can deposit https://cash.coin.dance/blocks

Since there is supposed to be 144 blocks per 24 hours and its currently 123 blocks behind there are only 21 blocks left and thats a whole day behind and its not even a day old
junan1
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August 02, 2017, 10:51:33 AM
Last edit: August 02, 2017, 11:01:47 AM by junan1
 #1870

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

Doesn't sound like an unreasonable outcome.

Given the hash rate they seem to (maybe) have, a 20% difficulty reduction won't be enough. It'll still be slow as hell.

At this point it's safe to say that block #478577 will also trigger a 20% difficulty reduction.  Together with block #478576, we'll get a 36% reduction in difficulty (equivalently, a 56.25% boost to income for all BCH miners).

Additionally, if block #478573 arrives at 11:38:29 UTC or later (very likely - I don't expect to see 3 blocks in the next 50 minutes), then we'll almost certainly get three 20% reductions in a row (48.8% reduction overall, a 95.3125% boost to income for BCH miners).

Getting to block #478576 is key to getting Bitcoin Cash moving.
btcdee
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August 02, 2017, 10:53:46 AM
 #1871

IMO Price is high because most whales still have their coins in cold storage. It will take some days before an influx of coins will reach exchanges and then we'll see what happens to the price. Regardless, I plan on holding these coins as a hedge until the November segwit2x situation clears up.
kashish948
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August 02, 2017, 10:54:06 AM
 #1872

anyone wanting to buy my BCH at bittrex last rate, PM me. Available: 75 BCH
tekmobile
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August 02, 2017, 10:54:42 AM
 #1873

Getting to block #478576 is key to getting Bitcoin Cash moving.

So check back next month then  Cheesy
csmcc
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August 02, 2017, 10:54:55 AM
 #1874

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.
Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

It's a possible outcome.

There are many possible outcomes.

That's his/her opinion. Doesn't seem terribly unreasonable to me though.

Of course, it sounds bizarre that any exchange would de-list a token trading at $400+. But if that token has no network, and thus cannot transact, then it becomes redundant. Regardless how much the market "thinks" it's worth. Just because a token has value in the market, does not guarantee it's survival. The two are not tied by any sort of guarantee.

Exactly, if there won´t be enough miners, then BCC will possibly die soon, nodoby will keep a currency with slow confirmations, it's not viable, this is the actual scenario.

Miners follow price.

After the diff-adjustment that should happen the next days it will be extremely profitable to mine BCH. It's quite obv what any sane miner does then.

Possibly.

Depends on how quickly they can bring the difficulty in line, bring more miners on board, and increase the hashrate. If that takes too long, and transactions are taking days at a time, delisting could happen. A 20% correction doesn't sound like it goes far enough to me with the current hashrate.

Which makes me wonder if the team(s) behind BCH are the ones causing this unexpected price pump? In order to try and generate mining support?

We're all guessing at this stage. And given the motives, politics (and weight of held BTC) behind it, it makes guessing pretty tricky in the short term. But I reckon you'd be a brave man to be actively buying it at the moment. Hold what you inherited, yeah, fine. Sell what you inherited (if you can), hell yes at current price. But buy more? At these prices? With so little mining support? Risky ....
reffi
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August 02, 2017, 10:55:13 AM
 #1875

This is maddness!!!!!! BCH will take over BTC tonite! its gonna happen and BTC Will crash so hard back to $400!!!!!!!!!!!!!!! OMG!! ITs happening!!!
tekmobile
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August 02, 2017, 10:56:50 AM
 #1876

anyone wanting to buy my BCH at bittrex last rate, PM me. Available: 75 BCH

Nice try why not trade it back and forth like the rest to make it look more valuable
loshia
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August 02, 2017, 10:59:19 AM
 #1877

just broke 0.2!!!!!
Super then Buy it hurry up it will broke 1.5 soon Grin

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
icdtcsg
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August 02, 2017, 11:01:10 AM
 #1878

0.3
dtmf
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August 02, 2017, 11:01:16 AM
 #1879

We (creators of DTMF.io) have put together a simple process for getting access to the BCH associated with your Bitcoin private keys.

It's now live at https://www.coinfork.io/

Basically, we sweep your wallet on both blockchains, and transfer both your BTC and BCH associated with the wallet to addresses of your choice. There is a small (0.5%) fee associated, to cover costs of operating the service. We also pass on the transaction fee on both blockchains (to be clear, we pass on the recommended transaction fee from Bitcoin Core for BTC and from Bitcoin ABC for BCH).

After the sweep+transfer (which we aim to complete within one hour, but usually it takes less time), there are no funds associated with the private key you sent us any more on either blockchain, because they have all been transferred to the addresses you provided.
csmcc
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August 02, 2017, 11:03:25 AM
 #1880

This is maddness!!!!!! BCH will take over BTC tonite! its gonna happen and BTC Will crash so hard back to $400!!!!!!!!!!!!!!! OMG!! ITs happening!!!

If BCH goes to $3000, and BTC drops to $400 ... overnight ... anyone with BCH currently held offline will give precisely zero fucks as they hold an equal amount of both. Assuming they haven't fucked it all up by messing around with keys without knowing what they're doing. In broad terms relating solely to BTC vs BCH value.

But, as someone mentioned in another thread, most of the crypto market is traded against BTC. There are no BCH/<alts> trading pairs at the moment. So if BTC crashes, so does almost the entire alts market by default. Unless ALL the exchanges switch to BCH/<alts> pairs overnight.

I can't see it personally.

But I can see some market turmoil if it does start to take value from BTC. Which it hasn't really done. So far.
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