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

[estenity]

The arguments against Segwit are:

    The block size increase is not enough to satisfy the growing needs of Bitcoin’s user base.
    Others see a hidden agenda as a large number of people working on SegWit are also employed by a company called Blockstream, whose primary product is side-chain solutions.
    Because a side-chain’s transaction will be verified by a trusted third party it is an unacceptable compromise because this is what the blockchain is supposed to eliminate.

The SegWit is providing solution to the following challenges in the network;

    Resolve the weak spot in the Bitcoin software
    Increase of the block size limit to an absolute maximum of 4 MB. The actual block size will depend on the network conditions. It is predicted by experts to be in the range of about two to 2.1 megabytes immediately after SegWit’s activation.
    Remove the barrier to the implementation of second-layer solutions (side-chains) like the proposed Lightning Network. Second-layer solutions remove the bulk of the transactions off the blockchain to a side-chain.

(bcc solves these issues and more)
Bitcoin Cash is a split from Bitcoin with a protocol upgrade to fix on-chain capacity.

If Bitcoin Cash gets majority of PoW then it becomes de facto Bitcoin.

clear for me....

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[hansen.ng]

Thanks for the free coins. I will keep it for now to see how it goes. It never hurts to hold free coins. Who knows when it is going to moon. I hope more updates will be published by the team soon.

[classicsucks]

None of the current proposals are good long term solutions and maybe bigger blocks will be necessary but its something that is being rushed unnecessarily at the moment.

[/quote]

You must be joking  - it took THREE YEARS to get this blocksize increase, all while BTC's market dominance was dropping like a stone, fees were skyrocketing, and confirmation times went through the roof!

I think it's absolutely hilarious that people think BCH will eventually pass BTC. That's just not going to happen.

Sounds like the type of comment people made 2 years ago about altcoins challenging BTC's dominance of the market - just sayin'. Is BTC even 50% of total market cap right now? Barely, only due to the price increases...

[wiked1]

So when do we start referring Bitcoincash as BCASH and Ticker BCH ??

Agreed with you OP must change the title of this thread according to the correct name BCASH. But some big exchange still using BCC that is why it is confusing at the moment.

Do you both really don't know that Bcash is an entirely different coin? Or are you intentionally being stupid?


From https://medium.com/@freetrade68/announcing-bcash-8b938329eaeb:

Announcing Bcash

Bcash is a new cryptocurrency that uses the existing Bitcoin ledger combined with Zcash privacy technology. It aims to alleviate the congestion in the Bitcoin network while protecting users with the strong privacy guarantees of Zcash technology.
It is expected to launch in the first quarter of 2018.

Mini FAQ:

How can I buy Bcash?
Bcash has not launched yet, there is no way to buy or sell it. Do not trust anyone offering to buy or sell Bcash at this time.

How is it related to Bitcoin Cash?
They are entirely different projects.

That BCASH shyte you are linking to hasnt even been released yet.We are already aware of that freetrader projectHere have a good read before you start insulting us more https://www.reddit.com/r/bcash/    http://bcash.io/

[Glok17]

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

[tekmobile]

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

We will be crediting users who had BTC in their account balance at the time of the fork with matching BCH. We expect this to occur on or before 8/14/17. Keep in mind that we have not yet determined if we will be listing BCH as a market on Poloniex nor can we commit to supporting BCH withdrawals right away. The ability to withdraw BCH will depend on network stability which is completely outside of our control.

Its not guaranteed that polo will allow trading users may just have to withdraw to another exchange or wallet

Also says just crediting and the user may not be able to do anything with it straight away

Have to just wait and see probably be an eventful day though

[m4ever]

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

I think the obvious time to release is today "by" the 14th would mean before...to me. Indeed.. noon would seem to be a fair time since Europe is awake..and the West Coast of America too. Additionally, more folks are around on a Sunday to react than a Monday, perhaps. Just sayin..don't ignore the obvious.

[tekmobile]

http://fork.lol/reward/opportunity

BCH miners have currently missed out on an estimated total of $2,462,466.76 

Thats a lotta money to loose mining this coin hope the miners have a strong hand


http://fork.lol/pow/hashrate

Hashpower distribution. Average for the past 3 days: BTC: 94.04%, BCH: 5.96%

[jaxxion]

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

Should I sell all my BCH now? 

[HostFat]

http://bitcointicker.co/bccnetworkstats/

[civilufo]

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

We will be crediting users who had BTC in their account balance at the time of the fork with matching BCH. We expect this to occur on or before 8/14/17. Keep in mind that we have not yet determined if we will be listing BCH as a market on Poloniex nor can we commit to supporting BCH withdrawals right away. The ability to withdraw BCH will depend on network stability which is completely outside of our control.

Its not guaranteed that polo will allow trading users may just have to withdraw to another exchange or wallet

Also says just crediting and the user may not be able to do anything with it straight away

Have to just wait and see probably be an eventful day though

Yes, that's what I understood from poloniex statement too. Polo did not promise to list the coin, just maybe allow user to withdraw their bch to somewhere else only.

[Celebrity]

I think tomorrow will be a very big BCH dump because of polo releasing their BCH on 14th of August

We will be crediting users who had BTC in their account balance at the time of the fork with matching BCH. We expect this to occur on or before 8/14/17. Keep in mind that we have not yet determined if we will be listing BCH as a market on Poloniex nor can we commit to supporting BCH withdrawals right away. The ability to withdraw BCH will depend on network stability which is completely outside of our control.

Its not guaranteed that polo will allow trading users may just have to withdraw to another exchange or wallet

Also says just crediting and the user may not be able to do anything with it straight away

Have to just wait and see probably be an eventful day though

Yes, that's what I understood from poloniex statement too. Polo did not promise to list the coin, just maybe allow user to withdraw their bch to somewhere else only.

We shouldn't expect that much from Poloniex, they have internal problems. If thy credit my bcc to my account to withdraw, I'll be more than happy. I can cash it out somewhere else.

[MarketMagic]

I think volume is increasing coming up to BCH being on poloniex so it could be a sign of more BTC going there in order to buy it and not dump.

[Mrpumperitis]

I think volume is increasing coming up to BCH being on poloniex so it could be a sign of more BTC going there in order to buy it and not dump.

There maybe a small panic dump...but once thats over..
There will be a huge shift, mining and money will make bcc the REAL BITCOIN.
There will be many tears from those that sold the real btc so cheap, but no sympathy from me as i have been warning them while they can still do something about it.

THIS IS THE REAL BITCOIN 

[.cryptic.]

I think volume is increasing coming up to BCH being on poloniex so it could be a sign of more BTC going there in order to buy it and not dump.

Has poloniex already distributed BCH to its bitcoin holders? I was expecting another dump when that finally happend.

[windows88]

price is going down all the time, what the heck is going on? Is this coin going to die?

[Mrpumperitis]

price is going down all the time, what the heck is going on? Is this coin going to die?

Bitcoin wont die, it evolved.
...btw dont you read any comments before you post?? then you might know why its going down.

[windows88]

price is going down all the time, what the heck is going on? Is this coin going to die?

Bitcoin wont die, it evolved.
...btw dont you read any comments before you post?? then you might know why its going down.

lol, yes I read. "small panic dump" does not explain it. It's more than that. Anyway hope it will recover as i have bunch of it.

[Mrpumperitis]

price is going down all the time, what the heck is going on? Is this coin going to die?

Bitcoin wont die, it evolved.
...btw dont you read any comments before you post?? then you might know why its going down.

lol, yes I read. "small panic dump" does not explain it. It's more than that. Anyway hope it will recover as i have bunch of it.

well done, lol... it means, it might dip a bit, but it will recover alot

also have you read why it will recover?
http://www.trustnodes.com/2017/07/23/bitcoin-cash-splitting-segwit

bcc/bch is the real bitcoin, no 3rd parties

please research more and you will see yourself 

[coin-investor]

I'm one of the guy that do not trust any new Bitcoincash wallet and I'm still waiting for Jaxx to add Bitcoincash in their wallet so I can claim my Bitcoincash,
Anyone here can directme to tutorial where I can safely claim my Bitcoincash to electrum or any trusted wallet where I can upload my private key.