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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 705500 times)
Savik
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August 20, 2017, 12:56:52 AM
 #4141

We're blasting through the blocks. #479808 should be here in another hour or two. Anyone have bets on what the new difficulty will adjust to?

69275432296.7 approximately.

Also, lots more hash rate coming on Monday:

https://twitter.com/BITCOlNCASH/status/898922905848864768
Why the quote from Wu with the tweet? Is BTC.top a segwit fan pool?



I believe so

Mrpumperitis
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August 20, 2017, 01:25:17 AM
 #4142


 Roll Eyes so is becoin lol...doesnt mean much, unless there is a large number of legends.

as for the number you keep going on about...i did put it in brackets, that i made it up  Tongue ...not my fault you took it so serious  Cheesy ..i mean why..why so serious lol

so bones...lol, tells me this , since your so gd with numbers,

is it possible that the current 45% can become 500% (if price reaches 1.0) and even higher?

If I plug in the figures on CoinWarz, if BCH price was on parity with BTC with a rig that hashed 9.46TH at 2600 W and .10 KW/hr. You would profit 82.74 a day with BCH and 4.88 per day with BTC. That would actually be about 1695%. So your 500% is a lowball estimate.
yea it was an estimate...
but wow your numbers are awesome...lol thanks m8
thats like almost 17x more profit for mining bch over segwitcoin if both were 1.0...honestly if you were a miner what would you do?

The most logical thing to do is to switch. Of course there is the consideration of stability. A miner might be concerned that by the time they can get their BCH to market, the price would crash. If they were mining to HODL, they would be speculating that the long term price of Bitcoin Cash would hold.

Furthermore, there are not enough pools currently available for miners to enroll with. I tried about a week or two ago to enroll with ViaBTC, and it wouldn't let me. I tried to enlist with Bitclub about two years ago, and they would not take US customers. The hashrate on suprnova and Bitcoin.com are rather low. I rented some hash for shits and giggles and pointed it to Bitcoin.com, but it does not appear that they will be hitting a block anytime soon. Antpool needs to get up and running with BCH. UAHF is Wu's brain child after all. He needs to give his customers the chance to share in the bounty. (We are not certain, but it is probable the mystery hash is Bitmain's private ASICS.)
yea i agree with what your saying,
im sure things will get sorted over the coming days and weeks.
Thanks for an honest reply, appreciated  Smiley

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luka4x
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August 20, 2017, 01:28:43 AM
 #4143

lol funny to see in november btc "core wallet" and btc 2x going crazy for a 0,7-1mb block increase.
sirazimuth
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August 20, 2017, 01:31:27 AM
 #4144



Don't be sad.This is a video for you  Grin
https://www.youtube.com/watch?v=3gfntBEI3Aw

oldie but goodie
i frickin love that video!

(the fact that i'm a crypto fanatic and my 9 year old played that "...build a snowman" song relentlessly
 till it was jammed in my head may have something to do with that) Cheesy

Bitcoin...the future of all monetary transactions...and always will be
bones261
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August 20, 2017, 01:32:47 AM
 #4145

We're blasting through the blocks. #479808 should be here in another hour or two. Anyone have bets on what the new difficulty will adjust to?

69275432296.7 approximately.

Also, lots more hash rate coming on Monday:

https://twitter.com/BITCOlNCASH/status/898922905848864768
Why the quote from Wu with the tweet? Is BTC.top a segwit fan pool?



I believe so

I just researched. BTC top did not start signalling support for Segwit until block 476775 at Thursday, July 20th 2017, 19:39:56 -06:00. Not exactly what I would consider a staunch segwit supporter. More like deciding to go along with BIP91, which all the pools did so they wouldn't get their blocks orphaned.
https://www.blocktrail.com/BTC/block/0000000000000000005d39be012e3d6bf60e5ac4f2d3ef8d272300fb3b9bbec9
Mrpumperitis
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August 20, 2017, 01:39:54 AM
 #4146

Engines are ready....i wouldnt be surprised to see us break 0.3 today...maybe even 0.4... Shocked

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smyslov
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August 20, 2017, 01:55:44 AM
 #4147

Engines are ready....i wouldnt be surprised to see us break 0.3 today...maybe even 0.4... Shocked

How long will this go I'm still holding my Bitcoincash can it go break the $1000 mark as of this writing it's at the $800 mark I got this free and so excited how high will Bicoincash go hopefully tomorrow when I wake it's $1000
Mrpumperitis
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August 20, 2017, 02:06:48 AM
 #4148

Engines are ready....i wouldnt be surprised to see us break 0.3 today...maybe even 0.4... Shocked

How long will this go I'm still holding my Bitcoincash can it go break the $1000 mark as of this writing it's at the $800 mark I got this free and so excited how high will Bicoincash go hopefully tomorrow when I wake it's $1000
well ...this is the real bitcoin, its following the path set out by the person/group that created it.
Now for the past 5-8years we have all been told, btc will be $10k+,$50k+,$250k+maybe even over $1mill each oneday..
In order to achieve these numbers the software had to update to accomodate all the new users...
So this coin imo will easily go higher than segwit coin and will aim for the numbers we have always dreamt of.  Cool

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Argon2
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August 20, 2017, 02:50:33 AM
 #4149

BCash blocks are on average 40 Kilobytes.



What is Roger Ver going to do with the remaining ~8 megabytes? Cheesy
vanhalendlrband
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August 20, 2017, 03:06:46 AM
 #4150

BCash blocks are on average 40 Kilobytes.



What is Roger Ver going to do with the remaining ~8 megabytes? Cheesy

I would put them on several floppy disks
Mrpumperitis
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August 20, 2017, 03:08:26 AM
 #4151

 bcc now is a gd time to get in me thinks  Cool

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sandman53
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August 20, 2017, 03:14:09 AM
 #4152

I'm mining with a S3 sort of a waist but something to do
Might pay for electric
vanhalendlrband
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August 20, 2017, 03:21:06 AM
 #4153

bcc now is a gd time to get in me thinks  Cool

How high a hashrate you need to mine some BCC you think when the difficulty drops? A buddy of mine dropped off some old 60GH miners from butterfly labs. Looked like wasn't worth running but maybe if Bitcoin Cash difficulty is low enough maybe its worth a lottery shot with 120 gh? Maybe maybe?
sandman53
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August 20, 2017, 03:27:54 AM
 #4154

bcc now is a gd time to get in me thinks  Cool

How high a hashrate you need to mine some BCC you think when the difficulty drops? A buddy of mine dropped off some old 60GH miners from butterfly labs. Looked like wasn't worth running but maybe if Bitcoin Cash difficulty is low enough maybe its worth a lottery shot with 120 gh? Maybe maybe?

I'm using a s3
The pool is on my web site that I'm using: www.smpm.us
winding-coils
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August 20, 2017, 03:30:28 AM
 #4155

bcc now is a gd time to get in me thinks  Cool
There have been a few nice dips to take advantage.  Fun ride, especially if you've been watching closely like me from the beginning.
sandman53
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August 20, 2017, 03:37:37 AM
 #4156

bcc now is a gd time to get in me thinks  Cool
There have been a few nice dips to take advantage.  Fun ride, especially if you've been watching closely like me from the beginning.

I got in at the beginning to, holding what I got.
I will most likely never get at that price again.
Missed the 1 for 1
Mrpumperitis
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August 20, 2017, 03:47:06 AM
 #4157

bcc now is a gd time to get in me thinks  Cool
There have been a few nice dips to take advantage.  Fun ride, especially if you've been watching closely like me from the beginning.

I got in at the beginning to, holding what I got.
I will most likely never get at that price again.
Missed the 1 for 1
Nice 1...i still view this as extremely cheap..
if 08/01/2017 bs bitcoin was around $3k
then the updated version of bs bitcoin aka the real bitcoin aka bch/bcc with bigger blocks and many other improvements must be worth at least double..so $6k roughly at current times.
Getting one of the real update bitcoins for around $800 = Bargain

(bs= before segwit lol)


oh and as for segwitcoin...looks like its gonna drop hard soon...its barely hanging on $4k

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bones261
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August 20, 2017, 03:52:31 AM
 #4158

We're blasting through the blocks. #479808 should be here in another hour or two. Anyone have bets on what the new difficulty will adjust to?

69275432296.7 approximately.


Difficulty now 68222137509.71. I was close but no cigar. I though the biggest difficulty drop was 40%. Apparently it's not exactly 40%. I'll have to brush up on this.
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August 20, 2017, 03:54:45 AM
 #4159

My philosphy is to use coins to make Bitcoin profit. Some coins are worth long-term holds, like DeepOnions, CVC, BAT and PTOY. Everything else is fair game. Ride the pumps and increase your Bitcoin. Bitcoin Cash is just another coin that is not worth holding long-term. But if you can use it for some short-term profit, why not..

So you see old bitcoin as a religion instead of a technology.
It can only go up is your mantra,

that my friend, is why you are going to lose it all.

Old Bitcoin is not magic, it is an old technology that no longer meets the needs of its users.

In less than 3 weeks Bitcoin Cash is at the 3rd top position on CMK,  within a year it will be #1 and old bitcoin-segwit will be in a death spiral.

Good Luck , you are going to need it.

 
╥Aztek

You do know many BCH holders will be buying BTC before the 2x hardfork to gain another free airdrop

I would rather have the original BTC but really can see the 2x being the dominant chain and wont be dumping the 2x because I think the miners will uphold the NYA



Any evidence 2x hardfork is for sure? when is it? November 18? so that means we will have Bitcoin Cash, Bitcoin, and...Huh and how would all this playout?
HashEngineering
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August 20, 2017, 04:10:08 AM
 #4160

Is there any need for a Bitcoin Cash fork of Bitcoin Wallet for android (https://play.google.com/store/apps/details?id=de.schildbach.wallet)?

I have seen many people ask on the Google+ community and the Github about how to get private keys of Bitcoin Cash from this wallet. 

I have already done some work on a fork on this app.

GRS:  FrFpTbfEAni5Ruf8mNdwVQazJVJaQyEM2Y
BTC:  128Ptecsv4j6NoxdBxdvGzBtipfaAarZMJ
https://bitcointalk.org/index.php?topic=336215 - Android Wallet Creation Service
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