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

[sujoys]

I heard that BCH is a fake coin and cannot withstand to Bitcoin.

I hope, you have heard the right forecast of BCH future. Im expecting 1sat future of BCH. Even BCH people are manipulating adding blokc in the chain, that totally fraud. Stay away from BCH is the best policy to have.

[Daedalus27]

So Poloniex likely to list BCC on their exchange approx. around 14 August 2017.  FYI.

Poloniex Exchange Press Release on Bitcoin Cash (BCC)
https://poloniex.com/press-releases/2017.08.03-Bitcoin-Cash-Update/

[seddik]

yeah poloniex and coinbase both are going to list BCH on their sites, hope that will help the price to recover.

[tekmobile]

I'm curious, does anyone know why the mempool doesn't empty after some blocks even though there is still a ton of space left in them? Do some miners ignore transactions when the fees are too low or something?

Some miners have fixed block sizes for example 2M

[tekmobile]

yeah poloniex and coinbase both are going to list BCH on their sites, hope that will help the price to recover.

You mean like when it was listed on other exchanges ?
You will find it will follow the same trend and crash the price even lower

[raynman]

Why is BCC not crashing down to $1.48?

[coinmenace]

So Poloniex likely to list BCC on their exchange approx. around 14 August 2017.  FYI.

Poloniex Exchange Press Release on Bitcoin Cash (BCC)
https://poloniex.com/press-releases/2017.08.03-Bitcoin-Cash-Update/

Looks like Poloniex saw the potential to earn mor $$$ from the trades out of Bitcoin Cash. It does not want to get left out.

[tekmobile]

Why is BCC not crashing down to $1.48?

Because of a few reasons

1. Slow confirmation times making getting coins to exchanges very slow
2. Once the value gets to a certain point you will probably find the users would rather just hold as its not worth the hassle to sell
3. Day traders pumping prices up to sell for more profit
4. The true believers will be buying these for a huge loss

[tekmobile]

Looks like Poloniex saw the potential to earn mor $$$ from the trades out of Bitcoin Cash. It does not want to get left out.

You will probably find its more to do with the brewing lawsuits

They probably will make very little adding this coin because they need to pay to have this implemented and with the low trading volume may not not be that profitable but still cheaper than dealing with a class action lawsuit

[tekmobile]

If I'm reading things right, the next block and the block after will both have difficulty adjustments.

Difficulty is crashing just as fast as the price even with it down at 16.7% the original chain is still 1.5 x more profitable

Good news is faster conformations so the users still waiting to get into exchanges can get there faster but will be probably now using just 5% of the blocks and may cause it to just crash faster just seems to be in a downward spiral

[Daedalus27]

Bittrex was doing over 20000 BTC Volume on Bitcoin Cash (BCC) in a day... When does Bittrex ever do that? Not often. But, who does that kind of thing regularly and this time missed out...? "Poloniex.com

By not supporting the BCC credit upon fork, Poloniex allowed themselves and their exchange to minimize unusual trading disruption between Bitcoin and other Alts (traded in code away from cold wallets).

Basically, Poloniex minimized the distraction of the BCC fork, and probably lowered the amount of traders moving back into BTC on their systems during the fork... saving them in volume of BCC credits being created.

Interesting move... But at the cost of 20k BTC daily trading fee revenue?

But yes. On or about 14 August 2017, Poloniex wants some of the pie. It is the right thing to do for their traders (members) too.

Coinbase is just questionable. Has Coinbase provided a press release demonstrating a duty of care and responsibility to their customers regarding BCC credits, or is Coinbase just helping themselves to the BCC credit/fork money?

[Grrizz]

Bittrex was doing over 20000 BTC Volume on Bitcoin Cash (BCC) in a day... When does Bittrex ever do that? Not often. But, who does that kind of thing regularly and this time missed out...? "Poloniex.com

By not supporting the BCC credit upon fork, Poloniex allowed themselves and their exchange to minimize unusual trading disruption between Bitcoin and other Alts (traded in code away from cold wallets).

Basically, Poloniex minimized the distraction of the BCC fork, and probably lowered the amount of traders moving back into BTC on their systems during the fork... saving them in volume of BCC credits being created.

Interesting move... But at the cost of 20k BTC daily trading fee revenue?

But yes. On or about 14 August 2017, Poloniex wants some of the pie. It is the right thing to do for their traders (members) too.

Coinbase is just questionable. Has Coinbase provided a press release demonstrating a duty of care and responsibility to their customers regarding BCC credits, or is Coinbase just helping themselves to the BCC credit/fork money?

Coinbase said they would credit their customers by the 1st of Janurary 2018 lol

https://blog.coinbase.com/update-on-bitcoin-cash-8a67a7e8dbdf

[vitocorp]

Bitcoin cash, which is structured to handle more transactions faster than bitcoin and has become the fourth largest cryptocurrency in a few days after launching, is a house of cards waiting to fall, according to some observers, Business Insider reported.

https://www.cryptocoinsnews.com/bitcoin-cash-house-cards/

[tekmobile]

Bitcoin cash, which is structured to handle more transactions faster than bitcoin and has become the fourth largest cryptocurrency in a few days after launching, is a house of cards waiting to fall, according to some observers, Business Insider reported.

https://www.cryptocoinsnews.com/bitcoin-cash-house-cards/

The only reason it is #4 is because its a clone with 16M coins already in existence so even if the coin crashed down to just $10 it would still be in 39th place  

It has to go right down to $43 just to drop to 10th place

[classicsucks]

Looks like my call from yesterday was right: Huge short interest on Bitfinex lowered prices quite a bit.

Notice that Bitfinex doesn't trade BCC/BTC, only BCC/ETH and BCC/USD.

Another sign they intend to lower BCC prices...

[BillCoin]

Looks like my call from yesterday was right: Huge short interest on Bitfinex lowered prices quite a bit.

Notice that Bitfinex doesn't trade BCC/BTC, only BCC/ETH and BCC/USD.

Another sign they intend to lower BCC prices...

I really believe that once a company will develop a hydra wallet( a wallet that supports both bitcoin cash and bitcoin), the price will decrease dramatically, most of the people aren't selling their bitcoin cash , just for the reason they don't have the knowledge or the time to do so, because it is pretty hard to make the export and import thing.

[mindrust]

Dumped from 0.064 lol. Took 23 hours to get 20 confirmations but now fucking bittrex don't let me withdraw my bitcoins. (asks me to be verified acc) Fuck them and their rules. Fuck exchanges.

edit: did phone verification, still asks verification. fuck them.
 
edit 2: LoL I gave them completely lulzy information to fill my basic verification and its auto approved. Got my coins thx god. (i mean it says it is authorized for now:p, hoping to get them)

edit3 : done.

[rooster2000bka]

Dumped from 0.064 lol. Took 23 hours to get 20 confirmations but now fucking bittrex don't let me withdraw my bitcoins. (asks me to be verified acc) Fuck them and their rules. Fuck exchanges.

edit: did phone verification, still asks verification. fuck them.
 
edit 2: LoL I gave them completely lulzy information to fill my basic verification and its auto approved. Got my coins thx god. (i mean it says it is authorized for now:p, hoping to get them)

edit3 : done.

I will try to withdraw to try! Thank your info!

[oslak]

As BCH becomes profitable, more miners will buy S9. Good for jihan's business. Roughly $200M for 1Ph/s. Plus his increasing stash of BCH.

Looks like BCH will survive and dumping is almost over. Reduction on difficulty, blocks are getting found almost as normal time and price is still above all alts.
All it needs to do now is go up in price.

[vnod sharma]

BCC never ever recover, it's almost dead