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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703574 times)
Grrizz
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August 04, 2017, 07:36:52 PM
 #2761

why there is price difference in different exchanges.

Transfers are so slow theres basically no arbirtage once the difficulty settles (and miners stop dropping off) the prices will equalise (and probably tank).
dump the coin on exchange where price is higher
buy xrp from same exchange
send xrp to cheaper exchange
xrp funds arrive in 10sec  Wink
sell xrp and buy cheaper bcc  Wink
make sense? lol

Doing it once, especially when BCH is on a down trend, doesn't make much sense to me, you still have a many hour wait to get that BCH back to the exchange thats trading at a higher value and at that point it'll probably be lower than your buy in price.
blueshoe
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August 04, 2017, 07:38:06 PM
 #2762

Am I the only fan of BCH?
Three points to Bitcoin:
1.
I had waited for the 8 mb. And the idiots of Bitcoin.com have slept for years.
ETH has only come into being because the bit co-developers have denied any development. They obviously paid for doing nothing.
Did not you ask yourself month by month how you can be so stupid to drive Bitcoin so against the wall?
Bitcoin without a prospect of the future is nothing but the banking system.
In the global financial crisis millions of people could have their assets with Bitcoin.
But there was no confidence. Thanks to our Bitcoin gurus who did not want to decide.
Now the 8mb are there and most bitch around.
This seems suspicious of a conscious devaluation.
Do we actually know from whom the bad statements are here about Bitcoincash?
Is this the mood of the community or denunciation by banks?

2.
See also in this context:
Mtgox was cracked. The process has been ridiculous for years.
Almost every other exchange was also cracked.
Lots of money from us was squandered.
Recently btc-e. Due to money laundering suspicion and one suspects the funds of Mtgox have landed there. After years! No btc-e was captured because it was still a free island. Money laundering is not brakable. Preventing money laundering can not be a reason to forbid Exchange.
So why?
Everything was done to make Bitcoin and Altcoins appear unbelievable.
3.
Bitcoin has been taken over these years by criminal dumpers and pumpers.
Check out Bitcoin's course from April until now!
Is this somehow a realistic increase in value, which is actually justified by something? No, this is a pure criminal bubble.
Would you honestly park the grandmother's money in Bitcoin, after this course?
>>
If your point 1-3 consider, do you really believe with Segwit will everything be fine?
That's ridiculous.
Bitcoin has long been captured.
But not of us who believe in a free currency.
We pray for an idea that has long been stolen and corrupted.

------------

Besides that:
Bitcoin is now likely to reach maximum rates already because of Bitcoincash.
Because money comes into the market. Many will change bitcoincash to dollars, but also many in Bitcoin.
Many will buy Bitcoin to buy other Altcoins.
Because all people make Bitcoincash bad, its price will fall, no question.
Just:
The money that just comes into the market is not acquired, but itself a bubble. It's just an idea. Just like Bitcoin at the beginning.
A bubble (new idea) flows into a bubble (old idea).
Let's see how much the price for Bitcoin is now high.
Perhaps the price will rise to $ 10,000 and then fall to $ 50.
One thing is certain, it will happen exactly what Bitcoin denounces and Segwit will save nothing, but only worse.

We know Bitcoin is corrupted, Bitcoincash has 8mb and bitcoin could have imported 8mb itself years ago.

(Have to drink beer now. bye)
Mrpumperitis
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August 04, 2017, 07:43:03 PM
 #2763

why there is price difference in different exchanges.

Transfers are so slow theres basically no arbirtage once the difficulty settles (and miners stop dropping off) the prices will equalise (and probably tank).
dump the coin on exchange where price is higher
buy xrp from same exchange
send xrp to cheaper exchange
xrp funds arrive in 10sec  Wink
sell xrp and buy cheaper bcc  Wink
make sense? lol

Doing it once, especially when BCH is on a down trend, doesn't make much sense to me, you still have a many hour wait to get that BCH back to the exchange thats trading at a higher value and at that point it'll probably be lower than your buy in price.
obvs theres times to do it and times not to, all depends on your situation and what you want.
Even while its downtrending, it doesnt go straight down,
catch a bcc knive and sprint to the other exchange with xrp , has been very gd for me, when done right  Smiley

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
Cryptorios
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August 04, 2017, 07:45:21 PM
 #2764

Congratulations to @JihanWu and @rogerkver on the birth of their new shitcoin.


Mrpumperitis
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August 04, 2017, 07:49:42 PM
 #2765

Am I the only fan of BCH?
Three points to Bitcoin:
1.
I had waited for the 8 mb. And the idiots of Bitcoin.com have slept for years.
ETH has only come into being because the bit co-developers have denied any development. They obviously paid for doing nothing.
Did not you ask yourself month by month how you can be so stupid to drive Bitcoin so against the wall?
Bitcoin without a prospect of the future is nothing but the banking system.
In the global financial crisis millions of people could have their assets with Bitcoin.
But there was no confidence. Thanks to our Bitcoin gurus who did not want to decide.
Now the 8mb are there and most bitch around.
This seems suspicious of a conscious devaluation.
Do we actually know from whom the bad statements are here about Bitcoincash?
Is this the mood of the community or denunciation by banks?

2.
See also in this context:
Mtgox was cracked. The process has been ridiculous for years.
Almost every other exchange was also cracked.
Lots of money from us was squandered.
Recently btc-e. Due to money laundering suspicion and one suspects the funds of Mtgox have landed there. After years! No btc-e was captured because it was still a free island. Money laundering is not brakable. Preventing money laundering can not be a reason to forbid Exchange.
So why?
Everything was done to make Bitcoin and Altcoins appear unbelievable.
3.
Bitcoin has been taken over these years by criminal dumpers and pumpers.
Check out Bitcoin's course from April until now!
Is this somehow a realistic increase in value, which is actually justified by something? No, this is a pure criminal bubble.
Would you honestly park the grandmother's money in Bitcoin, after this course?
>>
If your point 1-3 consider, do you really believe with Segwit will everything be fine?
That's ridiculous.
Bitcoin has long been captured.
But not of us who believe in a free currency.
We pray for an idea that has long been stolen and corrupted.

------------

Besides that:
Bitcoin is now likely to reach maximum rates already because of Bitcoincash.
Because money comes into the market. Many will change bitcoincash to dollars, but also many in Bitcoin.
Many will buy Bitcoin to buy other Altcoins.
Because all people make Bitcoincash bad, its price will fall, no question.
Just:
The money that just comes into the market is not acquired, but itself a bubble. It's just an idea. Just like Bitcoin at the beginning.
A bubble (new idea) flows into a bubble (old idea).
Let's see how much the price for Bitcoin is now high.
Perhaps the price will rise to $ 10,000 and then fall to $ 50.
One thing is certain, it will happen exactly what Bitcoin denounces and Segwit will save nothing, but only worse.

We know Bitcoin is corrupted, Bitcoincash has 8mb and bitcoin could have imported 8mb itself years ago.

(Have to drink beer now. bye)

No ,lol  Kiss i agree,
 bigger blocks = more value  Shocked

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
tekmobile
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August 04, 2017, 07:55:54 PM
 #2766

From https://cash.coin.dance/blocks

It is currently 173% more profitable to mine on the original chain.

I wonder how correct this is
Grrizz
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August 04, 2017, 07:59:32 PM
 #2767

why there is price difference in different exchanges.

Transfers are so slow theres basically no arbirtage once the difficulty settles (and miners stop dropping off) the prices will equalise (and probably tank).
dump the coin on exchange where price is higher
buy xrp from same exchange
send xrp to cheaper exchange
xrp funds arrive in 10sec  Wink
sell xrp and buy cheaper bcc  Wink
make sense? lol

Doing it once, especially when BCH is on a down trend, doesn't make much sense to me, you still have a many hour wait to get that BCH back to the exchange thats trading at a higher value and at that point it'll probably be lower than your buy in price.
obvs theres times to do it and times not to, all depends on your situation and what you want.
Even while its downtrending, it doesnt go straight down,
catch a bcc knive and sprint to the other exchange with xrp , has been very gd for me, when done right  Smiley

It doesn't go straight down but you have a 20 hour wait to transfer your BCH which is why things aren't equalising yet, arbitrage really isn't a good option at the moment you might as well just get your coins on the highest value exchange, sell and either short or wait for things to bottom out at which point transfers will probably be running quicker and all the exchanges will be back to much the same price.
Master mind
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August 04, 2017, 08:07:39 PM
 #2768

Any good news ?
matt4054
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August 04, 2017, 08:09:17 PM
 #2769

Boy, blocks are so scarce, it's a good thing that this chain supports blocks up to 8MB Grin

Seriously, difficulty is a problem: 3x less profitable than BTC = not low enough to trigger retargeting, yet bad enough to make things potentially worse in the upcoming weeks.
iCEBREAKER
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August 04, 2017, 08:11:55 PM
 #2770

Congratulations to @JihanWu and @rogerkver on the birth of their new shitcoin.




Yikes, Bcash sure is one ugly baby.  She looks just like her mother (fuck her if you want fork).  Cheesy


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
mcfom
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August 04, 2017, 08:13:11 PM
 #2771

Any good news ?

What you are expecting good news from this project which has only dictator no big team behind this. I don't think we will get any news about the future of this coin because nobody will accept this altcoin.
tekmobile
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August 04, 2017, 08:21:49 PM
 #2772

Boy, blocks are so scarce, it's a good thing that this chain supports blocks up to 8MB Grin

Seriously, difficulty is a problem: 3x less profitable than BTC = not low enough to trigger retargeting, yet bad enough to make things potentially worse in the upcoming weeks.

Yea supports 8MB blocks but mempool was around 4.5MB and last block only took 2M of it so not every transaction made it into the last block
MoneroMooo
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August 04, 2017, 08:23:23 PM
 #2773

Can there be a difference like the ratio between etc and eth?
Eth:220 dollar
Etc:14 dollar

Btc:2800 dollar
Bch:100-150 dollar
ShadowBCH
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August 04, 2017, 08:36:12 PM
 #2774

This coin lives 3 days and the collapse in price on exchanges is surprising Grin
loshia
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August 04, 2017, 08:39:45 PM
 #2775

Boy, blocks are so scarce, it's a good thing that this chain supports blocks up to 8MB Grin

Seriously, difficulty is a problem: 3x less profitable than BTC = not low enough to trigger retargeting, yet bad enough to make things potentially worse in the upcoming weeks.

Yea supports 8MB blocks but mempool was around 4.5MB and last block only took 2M of it so not every transaction made it into the last block

Yeah and why? I guess due to buggy/slow pool implementation. Chinese  pools used to mine (or maybe do still mining) BTC empty blocks Grin I winder how will they fill 8MB when they are not able to push i single TX in BTC blocks at times 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
JessicaG
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August 04, 2017, 08:46:08 PM
 #2776

I should have sold from 0.4btc god damit. Now it is headed to below 0.1BTC

I thought bcashers would stay behind their words and buy this crap after all the buzz they created. Big mistake from me. Should have sold while I had the chance. I don't care at all now.

That's the thing, we are in crypto, there is no should, could...
There is only, you did, or you did not.

Amen to that...

I should have sold all my hashes at Hashnest, wait till they credited me the BCH, dump it, and buy back in with a nice gain in an instant!
Unfortunately though, I 'did not'...  Grin

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cryptogaga
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August 04, 2017, 08:47:30 PM
 #2777

To arbitrage this coin with such slow and lengthy time wait is to obviously choose to lose money except the pump at the target exchange is sustained upon arrival of your BCC/BCH deposit.
I always wondered how or why the block increase to 8mb in BCC/BCH would be a good thing @blueshoe?
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August 04, 2017, 08:48:28 PM
 #2778

There is actually a surprising amount of support for this coin.  I'm glad I held on to the majority of my Bitcoin Cash.  We'll see what the future holds.  I might have taken the wrong path but that's life.  
iamnewhere
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August 04, 2017, 08:54:41 PM
 #2779

There is actually a surprising amount of support for this coin.  I'm glad I held on to the majority of my Bitcoin Cash.  We'll see what the future holds.  I might have taken the wrong path but that's life.  

Why not sold all for $ 500+ and now rebuy at $ 200-250? Wink where is the profit waiting now months in the hope that it'll ever reach back $ 500 and not just crash even further below $ 100? Wink
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August 04, 2017, 09:01:46 PM
 #2780

Every post on this topic could be somewhat summed up like this:



...or...


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