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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703571 times)
TeraBite
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August 19, 2017, 09:52:00 AM
 #3981

BCH is raising from the ashes this is good recovery after huge dump and now this story will get repeated again and again into this coin. I think this is right time to sell this coin at profitable price and buy later when it will go down under 0.08 in coming days.

 
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Lindsey-Crypto
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August 19, 2017, 10:01:40 AM
 #3982

Cute , guess you lost money.

Don't blame me because you are dim witted.
feel free to fuck off

Bitcoin Cash 24 hour Trading Volume is $3,029,520,000    higher than old 1mb Bitcoin $2,894,220,000 , at the time of this post.

╥Aztek

You say some interesting things.
But for those of us who are not very technical at all, could you or (anyone) kindly do a point by point comparison of the technologies?

On one hand what does BTC have and on the other side what does BCC have.

This would take me forever to do so I would understand if no one has the time.

Or maybe someone either already knows or it has been done and a link can be posted.

Good day.

(Ahem)....by BCC I actually meant BCH  of course.

Better do your research somewhere else outside of this trollbox. Technically there is no need for this coin to exist, for every mentioned aspect there are better coins who fullfill certain needs. But of course you can money with BCC/BCH.

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August 19, 2017, 10:19:08 AM
 #3983


Bitcoin Cash 24 hour Trading Volume is $3,029,520,000    higher than old 1mb Bitcoin $2,894,220,000 , at the time of this post.

╥Aztek

You say some interesting things.
But for those of us who are not very technical at all, could you or (anyone) kindly do a point by point comparison of the technologies?

On one hand what does BTC have and on the other side what does BCC have.

This would take me forever to do so I would understand if no one has the time.

Or maybe someone either already knows or it has been done and a link can be posted.

Good day.


Bitcoin Cash                         vs  old 1mb Bitcoin
Lower Transaction fees          vs   Higher Transaction Fees
Spam Attack resistant           vs  Spam Attack susceptible
Better Difficulty adjustment   vs  2 week difficulty adjustment, that can result in a Death Spiral when the majority of miners switch

*Death Spiral explained: http://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html

Fact that Bitcoin Cash was 13X less expensive for ~week, giving the power players time to buy up the majority of Bitcoin Cash for a fraction of the price they will make it in the coming months as they collapse 1mb Bitcoin and move to Bitcoin Cash permanently.
From an economic standpoint , it is just too sweet a deal for the power players to pass up, their profits from the switch will be insanely high.


╥Aztek

But currently..

Bitcoin Cash                         vs  old 1mb Bitcoin
Transaction times hours              minutes

Smiley
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August 19, 2017, 10:29:33 AM
 #3984

But currently..

Bitcoin Cash                         vs  old 1mb Bitcoin
Transaction times hours              minutes

Smiley


You must have a bad memory , a few months ago , old 1 mb bitcoin was taking days to complete transactions due to its inability to handle the transactions load.
research the forum with all of the complaints people made, it is not hard to find.

Since it will be more profitable to mine Cash instead of old 1mb, enough miners will switch that there should be no time difference within 2 weeks or so.
Then old 1mb bitcoin problems will become even more apparent, as transaction stalling increases.
Which you can watch here: https://blockchain.info/unconfirmed-transactions


╥Aztek


I was transacting BTC fine so maybe a missed the point when it took days
Ok lets talk more seriously.. say Bitcoin Cash takes over..are there any cons you see in BCH vs BTC? less skilled devs, some questionable protocol changes etc?
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August 19, 2017, 10:37:48 AM
 #3985

Code:
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August 19, 2017, 10:41:13 AM
 #3986

Cute , guess you lost money.

Don't blame me because you are dim witted.
feel free to fuck off

Bitcoin Cash 24 hour Trading Volume is $3,029,520,000    higher than old 1mb Bitcoin $2,894,220,000 , at the time of this post.

╥Aztek

You say some interesting things.
But for those of us who are not very technical at all, could you or (anyone) kindly do a point by point comparison of the technologies?

On one hand what does BTC have and on the other side what does BCC have.

This would take me forever to do so I would understand if no one has the time.

Or maybe someone either already knows or it has been done and a link can be posted.

Good day.
Heres some info m8, but i would advise ,research more.



http://www.trustnodes.com/2017/07/23/bitcoin-cash-splitting-segwit

https://www.segwetters.org/   Cheesy


https://steemit.com/cryptocurrency/@krabgat/what-is-segwit


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 issuses and more)
If Bitcoin Cash gets majority of PoW then it becomes de facto Bitcoin.

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
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August 19, 2017, 10:42:53 AM
 #3987

https://cash.coin.dance/blocks
There have been 1101 blocks mined since the hard fork.
(1578 blocks behind the original chain)

The Bitcoin Cash blockchain is currently operating at 13% of the original chain's difficulty.

The original chain has grown 2.29GB more than the Bitcoin Cash blockchain.

It is currently 61% more profitable to mine on the Bitcoin Cash blockchain. Shocked Shocked Shocked Shocked Shocked 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
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August 19, 2017, 10:42:59 AM
 #3988

1000 $ today ?
ChainSmoker
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August 19, 2017, 11:02:03 AM
 #3989


Better do your research somewhere else outside of this trollbox. Technically there is no need for this coin to exist, for every mentioned aspect there are better coins who fullfill certain needs. But of course you can money with BCC/BCH.

Well , at least you admit you are a troll.

If you look here
https://blockchain.info/unconfirmed-transactions

The reason for Bitcoin Cash becomes apparent.
With Bitcoin Cash , you will not have the Transaction Stalling like old 1 mb Bitcoin.


╥Aztek
Lol ever heard about Lightening network you paid shill?I came to accept that from trolls like you that FUD around bitcoin is never going to end  Roll Eyes

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August 19, 2017, 11:05:27 AM
 #3990

Any reason for the huge upsurge today?

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August 19, 2017, 11:09:36 AM
 #3991

Any reason for the huge upsurge today?

It's a crypto, if u have enogh money to sell free stuff for 100k, just do it (c)
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August 19, 2017, 11:10:39 AM
 #3992

https://docs.google.com/spreadsheets/d/1KlaGfB7_6JjSsIO9UgP4VqQTW-uzQIiZGmzNp5hS6nE/pubhtml?gid=0&single=true

Breakdown of mined blocks to addresses

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August 19, 2017, 11:16:04 AM
 #3993

But currently..

Bitcoin Cash                         vs  old 1mb Bitcoin
Transaction times hours              minutes

Smiley


You must have a bad memory , a few months ago , old 1 mb bitcoin was taking days to complete transactions due to its inability to handle the transactions load.
research the forum with all of the complaints people made, it is not hard to find.

Since it will be more profitable to mine Cash instead of old 1mb, enough miners will switch that there should be no time difference within 2 weeks or so.
Then old 1mb bitcoin problems will become even more apparent, as transaction stalling increases.
Which you can watch here: https://blockchain.info/unconfirmed-transactions

Update: Bitcoin Ca$h just broke thru the $800 wall.

Like I said $8000 per coin within a year. Your Choice if you profit or fail.

╥Aztek


Amazing I don't know how high it will go or will it go down again, or just a big pump that will get dump is it possible to get into the $1000 barrier, this alt coin is making huge progress in the last two weeks so sorry for those who dump earlier.

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August 19, 2017, 11:25:05 AM
 #3994

Lol ever heard about Lightening network you paid shill?I came to accept that from trolls like you that FUD around bitcoin is never going to end  Roll Eyes


Not only do I know about lightening network, I read its whitepaper.

Which if you had read it you would have noticed this vulnerability :

If the Onchain transactions are unable to keep up with demand ,
it opens up a vulnerability where your LN Time Locked Bitcoins can be stolen from you.
All they have to do is spam the onchain network until the LN timelocks expire and they can remove your bitcoins before you can.

But since you did not read the actual white paper, you did not know that,
now you do, so act according.


╥Aztek
Nice one.I bet lot of people here on bitcointalk.org have read about it not just you.if there was actually any vulnerability they wouldn't be supporting LN but there isn't.You can spread as much FUD as you want.probably roger holding your check this week? lol Grin There were many bitcoin haters before you and more will be in future and bitcoin will keep succeeding as it is.Bigger blocks are a curse to bitcoin and will cause centralization in future.

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August 19, 2017, 11:36:51 AM
 #3995

Nice one.I bet lot of people here on [Suspicious link removed] there was actually any vulnerability they wouldn't be supporting LN but there isn't.You can spread as much FUD as you want.probably roger holding your check this week? lol Grin There were many bitcoin haters before you and more will be in future and bitcoin will keep succeeding as it is.Bigger blocks are a curse to bitcoin and will cause centralization in future.

it is already fully centralized in mother china )) nobody cares of tech rly, just pump&dump with profit cash out, repeat until digital sht is dead, move 2 another shtcoin Wink
don't take this circus 2 serious, bro )
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August 19, 2017, 11:40:45 AM
 #3996

Nice one.I bet lot of people here on [Suspicious link removed] there was actually any vulnerability they wouldn't be supporting LN but there isn't.You can spread as much FUD as you want.probably roger holding your check this week? lol Grin There were many bitcoin haters before you and more will be in future and bitcoin will keep succeeding as it is.Bigger blocks are a curse to bitcoin and will cause centralization in future.

it is already fully centralized in mother china )) nobody cares of tech rly, just pump&dump with profit cash out, repeat until digital sht is dead, move 2 another shtcoin Wink
don't take this circus 2 serious, bro )

Last 10 Blocks and associated addresses

479667   17SMJT44JbqtGMD9g1M6cZsmqD5b6Y9AbY            
479666   1BgatB78WrFLdCgnPnBqiDcNFFA46jkPZe            
479665   1P3GQYtcWgZHrrJhUa4ctoQ3QoCU2F65nz            
479664   17SMJT44JbqtGMD9g1M6cZsmqD5b6Y9AbY            
479663   1P3GQYtcWgZHrrJhUa4ctoQ3QoCU2F65nz            
479662   17SMJT44JbqtGMD9g1M6cZsmqD5b6Y9AbY         
479661   17SMJT44JbqtGMD9g1M6cZsmqD5b6Y9AbY         
479660   17SMJT44JbqtGMD9g1M6cZsmqD5b6Y9AbY         
479659   1P3GQYtcWgZHrrJhUa4ctoQ3QoCU2F65nz      
479658   17SMJT44JbqtGMD9g1M6cZsmqD5b6Y9AbY      


jtalk
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August 19, 2017, 11:42:24 AM
 #3997

We have seen in past many coins which became more valuable than Bitcoin and now many people don't remember even their names anymore. BCash is best example of manipulation which will see tragic end having similar fate not different than previous coins. I sold out all and just enjoying the extreme changes in value of this coin since day first.


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johnsmithx
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I don't buy nor sell anything here and never will.


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August 19, 2017, 11:42:57 AM
 #3998

Bigger blocks are a curse to bitcoin and will cause centralization in future.

Nice demagoguery.

My list of 43(+3) reviewed Bitcoin forks | You don't have to download the pre-fork blockchain again for each fork! | Beware of fraudulent AWS accounts sellers and dangerous edu AWS codes! + My personal list of legit sellers and scammers | Never publicly reveal your btc addresses, ownership or any other details and stay very far away from anybody who asks you to! | The general rule of safe buying is: if the seller is a newbie, with no reputation, with no topic nor trust feedback, offering no vouches and/or selling from a locked or self-moderated topic and unwilling to go first or use escrow => AVOID. Always check the trust feedback first and make sure that you have enabled "Show untrusted feedback by default" in "Profile / Forum Profile Information".
ChainSmoker
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August 19, 2017, 11:51:35 AM
 #3999

We have seen in past many coins which became more valuable than Bitcoin and now many people don't remember even their names anymore. BCash is best example of manipulation which will see tragic end having similar fate not different than previous coins. I sold out all and just enjoying the extreme changes in value of this coin since day first.

Bitcoin Cash will be at the top of CoinMarket Cap within the year over old bitcoin.

What other coin has ever done that?

None that I am aware of.


╥Aztek


I don't know on which shit you are high on but please do the honours and roll your magic ball and go make a profit if you are so sure as shit instead of spreading FUD.Bcash ain't a superior technology then bitcoin.It's a pump and dump shitass coin made out of politics and you are a fool to believe in it.

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August 19, 2017, 11:52:28 AM
 #4000

According to http://fork.lol/pow/hashrate

BTC hashrate is increasing and BCH is decreasing

We have also seen a new miner address 17SMJT44JbqtGMD9g1M6cZsmqD5b6Y9AbY gobbling up blocks and the old dominant miner 1Mn8mkxYm6GGcdUH5Ts3XJN4Ujz4CJerbW has slowed right down
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