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

[tekmobile]

What do you say about this?:

https://steemit.com/bitcoin/@penguinpablo/bitcoin-cash-is-not-decentralised-92-of-the-blocks-are-mined-by-only-2-miners

The 2 would be antpool & btctop

ViaBTC support is dropping and no other major pool gives a shit about this when these pools fully go then difficulty on bitcoin will drop a bit making BTC much much more profitable

In the end we will have bitcoin & bitmain cash

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[Mysticus]

What do you say about this?:

https://steemit.com/bitcoin/@penguinpablo/bitcoin-cash-is-not-decentralised-92-of-the-blocks-are-mined-by-only-2-miners

Same as what is said in the comments below the article:

"it's the same protocol as bitcoin so every other miner can join and the reason right now miners are not many is only because it's new and not many miners support it."

"New coins tend to start centralized. As new participants join that changes. Bitcoin started with only 1 person mining it. If BCH can't get more people on board then is not worth it but it's too early to pass judgment."

"This was expected at the start due to the difficulty. As the difficulty adjusts and it becomes profitable more miners will join. For now, yes it's a risk but BCH should outgrow this shortly."

This is an experiment.  Only time will tell.

[Yefet]

What do you say about this?:

https://steemit.com/bitcoin/@penguinpablo/bitcoin-cash-is-not-decentralised-92-of-the-blocks-are-mined-by-only-2-miners

well, three miners found last 50 blocks, with no one mined more than 50%, none of them found more than seven blocks in a row -
with the exchanges demanded twenty confirmations to deposit the coins, now it's impossible to perform double spending attempt
Everything seems to be quite OK, except the exchange rate  

[matt4054]

Everything seems to be quite OK, except the exchange rate  

What is wrong with $300 for BCash? It's free money after all ...

[neutraLTC]

I've added other block explorers and other stats on the OP.

great, thanks a lot. we're here for any questions to anyone else who reads this.


how about adding the wallet as well? thanks

[Yefet]

Everything seems to be quite OK, except the exchange rate  

What is wrong with $300 for BCash? It's free money after all ...

Yes, you're right 

But it's in human nature to be unsatisfied always wanting more and more

I think another pump to the 0.4 BTC level would be good enough for most of us

[tekmobile]

Everything seems to be quite OK, except the exchange rate  

What is wrong with $300 for BCash? It's free money after all ...

Yes, you're right 

But it's in human nature to be unsatisfied always wanting more and more

I think another pump to the 0.4 BTC level would be good enough for most of us

More chance of seeing 0.04 BTC

[Mrpumperitis]

The dif will change within next few weeks and by sep 15th, bch will be BITCOIN.

[tekmobile]

The dif will change within next few weeks and by sep 15th, bch will be BITCOIN.

Will the difficulty change take into account the last 2016 blocks effectively raising it making it less profitable ?

[Mrpumperitis]

^ lols , stop asking me stuff and then ignoring my questions, i told you the other day,  

https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/  
Blockchain Clears 37K Transactions

It’s been sixteen days since the inception of Bitcoin Cash, and the network split that took place on August 1. The BCH chain has been trucking along, and miners have processed 918 blocks since the hard fork. On August 16 around 6-7am EDT the BCH network seemed to be suffering from a spam attack as unconfirmed transactions filled up the mempool. Roughly an hour later a massive 8MB block was found by the mining pool Bitclub Network which cleared 37,814 BCH transactions. Two hours later another large block was mined on the BCH chain that was 4MB in size. Coincidently the legacy bitcoin (BTC) blockchain’s mempool has been filling up and has over 48,000 unconfirmed transactions at press time.

Bitpay (& Bitgo) announced they would allow customers who use the Copay and Bitpay wallets access to the token, after initially saying they wouldn’t offer a tool. Bitpay says they do not plan to fully support the token on the software’s user interface, but they want “wallet users to have the option to retrieve their Bitcoin Cash if they wish to do so.”

In addition to the two wallet tools from Breadwallet and Bitpay, another wallet that supports BCH has been introduced to supporters. Openbazaar developer, Chris Pacia, has developed a wallet for the digital currency that’s currently in its alpha phase.



According to Google Trends data, searches for the phrase “Bitcoin Cash” has been more popular than “Ethereum” this week. Additionally, the new cryptocurrency now has its own tip bot for Reddit forums called the “Cash Tip Bot” which can send small micropayments of BCH  . Subscribers from the subreddit r/btc have been playing with the tip bot for the past 24-hours as BCH network fees have been extremely low.

https://www.nigeriatoday.ng/2017/08/bitcoin-cash-thrives-during-its-first-two-weeks-of-life/  

https://www.coindesk.com/block-494784-segwit2x-developers-set-date-bitcoin-hard-fork/  

Bitcoin cash will be the winner, the true Bitcoin, the people's Bitcoin  

[Mysticus]

Thanks for these relevant news and insights Mrpumperitis.   

[tekmobile]

^ lols , stop asking me stuff and then ignoring my questions, i told you the other day,  

https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/  
Blockchain Clears 37K Transactions

It’s been sixteen days since the inception of Bitcoin Cash, and the network split that took place on August 1. The BCH chain has been trucking along, and miners have processed 918 blocks since the hard fork. On August 16 around 6-7am EDT the BCH network seemed to be suffering from a spam attack as unconfirmed transactions filled up the mempool. Roughly an hour later a massive 8MB block was found by the mining pool Bitclub Network which cleared 37,814 BCH transactions. Two hours later another large block was mined on the BCH chain that was 4MB in size. Coincidently the legacy bitcoin (BTC) blockchain’s mempool has been filling up and has over 48,000 unconfirmed transactions at press time.

Bitpay (& Bitgo) announced they would allow customers who use the Copay and Bitpay wallets access to the token, after initially saying they wouldn’t offer a tool. Bitpay says they do not plan to fully support the token on the software’s user interface, but they want “wallet users to have the option to retrieve their Bitcoin Cash if they wish to do so.”

In addition to the two wallet tools from Breadwallet and Bitpay, another wallet that supports BCH has been introduced to supporters. Openbazaar developer, Chris Pacia, has developed a wallet for the digital currency that’s currently in its alpha phase.



According to Google Trends data, searches for the phrase “Bitcoin Cash” has been more popular than “Ethereum” this week. Additionally, the new cryptocurrency now has its own tip bot for Reddit forums called the “Cash Tip Bot” which can send small micropayments of BCH  . Subscribers from the subreddit r/btc have been playing with the tip bot for the past 24-hours as BCH network fees have been extremely low.

https://www.nigeriatoday.ng/2017/08/bitcoin-cash-thrives-during-its-first-two-weeks-of-life/  

https://www.coindesk.com/block-494784-segwit2x-developers-set-date-bitcoin-hard-fork/  

Bitcoin cash will be the winner, the true Bitcoin, the people's Bitcoin  

I wonder how many will dump BCH for BTC to gain extra free segwit2x coins no free airdrop for BCH holders

[Mrpumperitis]

Thanks for these relevant news and insights Mrpumperitis.  

Anytime m8  

Just a thought...
With forks being dangerous....bch was successful  
However, with segwitcoin forking again in nov..what if we see the first failed fork,...something goes wrong(i dont know what lol)
Within hours bch will take over all the mining and money...wow

or what if bch takes over majority before nov? would segwitcoin fork a coin with hardly any miners?


(ive got segwitcoins up for sale now, from $4600-$5200  )

[tekmobile]

Thanks for these relevant news and insights Mrpumperitis.  

Anytime m8  

Just a thought...
With forks being dangerous....bch was successful  
However, with segwitcoin forking again in nov..what if we see the first failed fork,...something goes wrong(i dont know what lol)
Within hours bch will take over all the mining and money...wow

or what if bch takes over majority before nov? would segwitcoin fork a coin with hardly any miners?


(ive got segwitcoins up for sale now, from $4600-$5200   )

Why sell so cheap ?

Plus you said you sold ALL your coins I think someone is telling lies mmmm

[Mrpumperitis]

Thanks for these relevant news and insights Mrpumperitis.  

Anytime m8  

Just a thought...
With forks being dangerous....bch was successful  
However, with segwitcoin forking again in nov..what if we see the first failed fork,...something goes wrong(i dont know what lol)
Within hours bch will take over all the mining and money...wow

or what if bch takes over majority before nov? would segwitcoin fork a coin with hardly any miners?


(ive got segwitcoins up for sale now, from $4600-$5200   )

Why sell so cheap ?

hmmmm another question...ok i will answer, but from now on, if i ask you something you better at least try to reply lol

after this next ath, its gonna dump back to under $3500...
i want to put my funds into bch

(i dumped a few days ago @$4400, and rebought @$3900, now going to dump both bundles for a better effect, 1st one will be bought from the sell side by noobies, 2nd will be dumped   )

[Mrpumperitis]

Over the next 2-4weeks, the people that will lose the most are..
The ones that dont research.
The ones that watch charts allday and nothing else.
The noobies that watch msm and just bought at the top.


The long-term investors will be fine, they have been compensated and hodl equal amount of both, so when bch does go all the way up, they already have it.

[templebar]

Over the next 2-4weeks, the people that will lose the most are..
The ones that dont research.
The ones that watch charts allday and nothing else.
The noobies that watch msm and just bought at the top.


The long-term investors will be fine, they have been compensated and hodl equal amount of both, so when bch does go all the way up, they already have it.

Whats your price prediction after 4 weeks? Why are you so sure about the price increase then?

[Mrpumperitis]

Over the next 2-4weeks, the people that will lose the most are..
The ones that dont research.
The ones that watch charts allday and nothing else.
The noobies that watch msm and just bought at the top.


The long-term investors will be fine, they have been compensated and hodl equal amount of both, so when bch does go all the way up, they already have it.

Whats your price prediction after 4 weeks? Why are you so sure about the price increase then?

for bch, i think over $2000
btc segwitcoin  i think around $3000
Mining dif will adjust over next few weeks to mid sep, and it will be more profit in bch mining.


https://bitcoinmagazine.com/articles/last-week-ltb-network-factoms-paul-snow-shares-thoughts-bitcoin-cash/
After all, Snow said the market for BCH won’t hit its stride until mid September when the mining difficulty on the new chain eases up to the point where Bitcoin miners consider it economically viable to redirect their hash power over to it.
“Right now, anyone mining on Bitcoin Cash now is effectively donating their power,” he said. “That [Bitcoin Cash] bandwagon doesn’t leave town until September 18th. Until then, it is just kind of puddling along and not quite getting anywhere.”



Now we all know, stock up now as no dumps are coming at this price range...even with btc segwitcoin going to a new ath every few days lol.
Also have you ever noticed...sept is always the month full of surprises in all the stock,money markets around the world.  

[tintumon]

Over the next 2-4weeks, the people that will lose the most are..
The ones that dont research.
The ones that watch charts allday and nothing else.
The noobies that watch msm and just bought at the top.


The long-term investors will be fine, they have been compensated and hodl equal amount of both, so when bch does go all the way up, they already have it.

Whats your price prediction after 4 weeks? Why are you so sure about the price increase then?

for bch, i think over $2000
btc segwitcoin  i think around $3000
Mining dif will adjust over next few weeks to mid sep, and it will be more profit in bch mining.


https://bitcoinmagazine.com/articles/last-week-ltb-network-factoms-paul-snow-shares-thoughts-bitcoin-cash/
After all, Snow said the market for BCH won’t hit its stride until mid September when the mining difficulty on the new chain eases up to the point where Bitcoin miners consider it economically viable to redirect their hash power over to it.
“Right now, anyone mining on Bitcoin Cash now is effectively donating their power,” he said. “That [Bitcoin Cash] bandwagon doesn’t leave town until September 18th. Until then, it is just kind of puddling along and not quite getting anywhere.”



Now we all know, stock up now as no dumps are coming at this price range...even with btc segwitcoin going to a new ath every few days lol.
Also have you ever noticed...sept is always the month full of surprises in all the stock,money markets around the world.  

Mining difficulty might decrease on Sept 18th. But still there are not many use cases for BCH compared to BTC. So why would people redirect their mining power to mine something is not used/accepted widely?

[Mrpumperitis]

Over the next 2-4weeks, the people that will lose the most are..
The ones that dont research.
The ones that watch charts allday and nothing else.
The noobies that watch msm and just bought at the top.


The long-term investors will be fine, they have been compensated and hodl equal amount of both, so when bch does go all the way up, they already have it.

Whats your price prediction after 4 weeks? Why are you so sure about the price increase then?

for bch, i think over $2000
btc segwitcoin  i think around $3000
Mining dif will adjust over next few weeks to mid sep, and it will be more profit in bch mining.


https://bitcoinmagazine.com/articles/last-week-ltb-network-factoms-paul-snow-shares-thoughts-bitcoin-cash/
After all, Snow said the market for BCH won’t hit its stride until mid September when the mining difficulty on the new chain eases up to the point where Bitcoin miners consider it economically viable to redirect their hash power over to it.
“Right now, anyone mining on Bitcoin Cash now is effectively donating their power,” he said. “That [Bitcoin Cash] bandwagon doesn’t leave town until September 18th. Until then, it is just kind of puddling along and not quite getting anywhere.”



Now we all know, stock up now as no dumps are coming at this price range...even with btc segwitcoin going to a new ath every few days lol.
Also have you ever noticed...sept is always the month full of surprises in all the stock,money markets around the world.  

Mining difficulty might decrease on Sept 18th. But still there are not many use cases for BCH compared to BTC. So why would people redirect their mining power to mine something is not used/accepted widely?

it has all the same uses cases, plus more , as bch does microtransactions (huge) + more fixes and i hear things about instant tx with 0conf
Bitcoin has forked and improved as it was always meant to do, the miners, exchanges and pro's all know this.
There is no-way these groups of people will hand over control of their wallets, tx's and other things to a 3rd party forever.

The 3rd party coin aka segwitcoin + prob seg2 will fade off 1/10th or less the value of the real bitcoin bch over the yrs.
The ones that lack understanding, the ones that have been told for yrs, learn ,study before buying...but dont are the ones that will lose most.