[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees

[grantycoiner]

Advice needed I have 2 bitcoins on mycelium android phone wallet and 4 bitcoins on an old multibit pc wallet.

What is the best way to get the coins to bitcoin cash wallet for my free coins  

and any bitcoin cash wallet advice.

[1715179256]

1715179256

[1715179256]

1715179256

[1715179256]

1715179256

[European Central Bank]

Are there any exchanges that allow creation of deposit address, so we can send our BCH to them and sell for BTC?

you can send to hitbtc and viabtc. you might have a wait before you can trade or pull it off their sites.

[joblo]

It seems no people will cry who dumped their coins at very low price. I believe this coin will grow more healthy and will take 2nd position in market and after this another fork will happen. This is game of profit where all people making free money.

What I don't understand is that this new coin now has a market capitalization of 8 Billion right now and it came out of thin air no BTC was lost to get this valuation
how does it really work any article on on the mathematics / economics or is it really free money for who ... who gets money they ones that already hold some btc ?
so how did those 16,482,113 BCH came in to existence with the first mining of the first block ?
who owns this BCH as I understand they existed in BTC but what about BCH ?

It's like a spinoff from a corporation. You cut out a piece of the business and give each shareholder of the parent
company shares of the new spinoff company. This results in a smaller parent company so it doesn't come out of nowhere.

The success of the spinoff is determined by the combined market cap of both companies. Unfortunately in this
instance the market cap of BCC/BCH is distorted by the inability to deposit new BCC/BCH to any of the exchanges.

Unlike in the corporate world this spinoff was not firendly. I's actual intent was to replace BTC, essentially becoming
a takeover. The amount of the parent company (BTC) spun off is determined by miners. More miners swicthing to BCC/BCH
means a bigger chunk of BTC capital gets moved to BCC/BCH.

Again the main metric is the sum of both market caps, as long as both are trading freely. Considering the trading situation
of BCC/BCH at this time it's impossible to determine a realistic market cap for it.
determine how big the BCC/BCH piece is.

[tekmobile]

Advice needed I have 2 bitcoins on mycelium android phone wallet and 4 bitcoins on an old multibit pc wallet.

What is the best way to get the coins to bitcoin cash wallet for my free coins  

and any bitcoin cash wallet advice.

Create a new wallet address and send all your BTC to it then export your private keys and wait for 6 confirmations

Once confirmed import your private keys into a BCH compatable wallet

[techtot]

Are there any exchanges that allow creation of deposit address, so we can send our BCH to them and sell for BTC?

you can send to hitbtc and viabtc. you might have a wait before you can trade or pull it off their sites.

viabtc doesn't allow american customers..and you need an ID to do deposits.

still waiting on hitbtc registration..

[Elpeor00]

As hitbtc and viabtc are the only exchanges taking deposits the actual rate is 350 - 370 USD, the question is: can BCH  keep it when and if bittrex and kraken open deposits?

[Conqueror]

I can confirm viabtc works

sent my BCC from trezor to viabtc and dumped

withdrawal not working
(guess i need to wait for original deposit to have 20confirms to be able to withdraw BTC?)

[Sam123]

Why the price is going down is the exchanges open now for external trading

No just users realising its value is worth nothing and cancelling buy orders probably

Cant believe this shit is pump-up to $1200 now it's going to go down to $100 who ever cash it are lucky  

When I saw it yesterday at 400 on Bittrex I was already surprise
I would like to know who is buying this coin Bitcoin cash? Selling it make sense. By buying it, I don't know.

[tekmobile]

Why the price is going down is the exchanges open now for external trading

No just users realising its value is worth nothing and cancelling buy orders probably

Cant believe this shit is pump-up to $1200 now it's going to go down to $100 who ever cash it are lucky  

When I saw it yesterday at 400 on Bittrex I was already surprise
I would like to know who is buying this coin Bitcoin cash? Selling it make sense. By buying it, I don't know.

Probably ViaBTC and trading bots

[blueshoe]

When I saw it yesterday at 400 on Bittrex I was already surprise
I would like to know who is buying this coin Bitcoin cash? Selling it make sense. By buying it, I don't know.

Bitcoin cash is the better bitcoin and cheap.
Old Bitcoin is expensive and need hours to send something and the fee is extraordinär high

[Hypocritus]

When I saw it yesterday at 400 on Bittrex I was already surprise
I would like to know who is buying this coin Bitcoin cash? Selling it make sense. By buying it, I don't know.

Bitcoin cash is the better bitcoin and cheap.
Old Bitcoin is expensive and need hours to send something and the fee is extraordinär high

It is not a physical coin. It is neither "cheap" nor "expensive".

It is simply tied to a value. And Bitcoin has established it's value through lot's of time, building trust.

[European Central Bank]

When I saw it yesterday at 400 on Bittrex I was already surprise
I would like to know who is buying this coin Bitcoin cash? Selling it make sense. By buying it, I don't know.

Bitcoin cash is the better bitcoin and cheap.
Old Bitcoin is expensive and need hours to send something and the fee is extraordinär high

yeah. it only takes 13 hours for one block. this is the future baby.

[Conqueror]

When I saw it yesterday at 400 on Bittrex I was already surprise
I would like to know who is buying this coin Bitcoin cash? Selling it make sense. By buying it, I don't know.

Bitcoin cash is the better bitcoin and cheap.
Old Bitcoin is expensive and need hours to send something and the fee is extraordinär high

Do you realize we was waiting for last block 13hours? Right?

[Elpeor00]

Well BTC may take a long time  to get confirmations... but you CAN get confirmations  

[kashish948]

I can confirm viabtc works

sent my BCC from trezor to viabtc and dumped

withdrawal not working
(guess i need to wait for original deposit to have 20confirms to be able to withdraw BTC?)

how did u send when no blocks moving?

[Hypocritus]

Are these hash rates for real? BCC almost as much nethash as BTC and still no blocks???

https://pool.viabtc.com/

It is definitely "not" accurate.

I call it an "intentional" oversight.

Some might even call it a lie.

[Conqueror]

I can confirm viabtc works

sent my BCC from trezor to viabtc and dumped

withdrawal not working
(guess i need to wait for original deposit to have 20confirms to be able to withdraw BTC?)

how did u send when no blocks moving?

just few minutes back they mined 2 blocks...

[tekmobile]

Well BTC may take a long time  to get confirmations... but you CAN get confirmations  

It might have taken a verrrry long time but at least now both my BTC and BCH are in separate paper wallets and safe now the question is will I ever be able to sell my BCH

[jbreher]

Can anyone explain how bitcoin cash has any value, where did the money come from, from thin air ?

Think of the classic supply/price and demand/price curves. They intersect naturally at a single point, which is the equilibrium point of a free market.

Now think of space for transactions within a given unit of time as a good which has its own supply and demand curves.

Now think of the block size cap as a production quota that artificially reduces what would otherwise be the free market supply of space per transactions per unit time. This forms a vertical line on our graph, to the left of the equilibrium free-market intersection point of the supply/price and demand/price curves.

There is now a triangle formed by the supply/price and demand/price curves, and the line at the maxblocksize transaction cap. The area of this triangle is wasted capacity of the system. It reflects the waste inherent in artificially reducing the capacity of an economic system.

Bitcoin Cash (effectively) eliminates the production quota, allowing the supply/price and demand/price curves to meet at their free-market intersection point. This reduces the 'waste triangle' area to zero.

This unleashed value is where the additional dollars are coming from.

Of course, as in any spring/mass system experiencing a step function, there will be overshoots and undershoots as price discovery is carried out.

Hey - I found a picture. It is meant to illustrate price control rather than production quota, so in our case, the orange squggly is the applicable loss area:

[BIT-C]

What do you think about this BCC
The price will same with BTC?