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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 661527 times)
Mrpumperitis
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September 27, 2017, 07:09:47 PM
 #6281

^



I'm withdrawing from Bitfinex to Kraken right now, I changed my mind once again about using them because they seem to be using USDT and not real USD and right now, it will take 12 hours (!!!) for me to withdraw from Bitfinex, super silly and super dangerous. What is the point of an exchange if you can't get the funds out!


yea it can be a pain,
when i want to move funds fast...xrp is the best way, but before doing do the checks..most times its cheaper and faster  Wink
once moved with xrp, trade back to what you want.
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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TheMuppet
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September 27, 2017, 07:51:51 PM
 #6282

^

Damn, I made account there for nothing then! *lol* Looks like Coinfloor will be then. Tongue

Have you ever used coinfloor and are they any good ?

I know they are a UK exchange which is better for me since i'm guessing that they will pay in GBP (are you from the UK ?)

https://bitcointalk.org/index.php?topic=325676.0

I understand Nefario may no longer be at Coinfloor. However, their founding had him in a significant role. I wouldn't trust their judgement, personally.

If China bans mining, what happens to Jihan's operations?  Is Jihan in China or HK?

Wouldn't he be up the creek if he got shut down?  Wouldn't that crush BCC?


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tekmobile
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September 27, 2017, 08:10:44 PM
 #6283

^

Damn, I made account there for nothing then! *lol* Looks like Coinfloor will be then. Tongue

Have you ever used coinfloor and are they any good ?

I know they are a UK exchange which is better for me since i'm guessing that they will pay in GBP (are you from the UK ?)

https://bitcointalk.org/index.php?topic=325676.0

I understand Nefario may no longer be at Coinfloor. However, their founding had him in a significant role. I wouldn't trust their judgement, personally.

If China bans mining, what happens to Jihan's operations?  Is Jihan in China or HK?

Wouldn't he be up the creek if he got shut down?  Wouldn't that crush BCC?



Bitmain is in china the same as ViaBTC and BTCtop (All the main supporters are)
tekmobile
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September 27, 2017, 10:01:54 PM
 #6284

Bitcoin Exchange BTCC Sets Deadline for Yuan Withdrawals

https://www.coindesk.com/bitcoin-exchange-btcc-sets-deadline-yuan-withdrawals/

Quote
Nonetheless, BTCC appears to be taking the most active steps in winding down trading – indicating it would stop cryptocurrency deposits at a time when Huobi and OKCoin say they aim to continue crypto-to-crypto trading.

BTCC went on to add that its other domestic services, including its mining pool, are not affected by the announcement.

Edit: By the way we touched $4200 in BTC, get ready for the big dive dooown! (my opinion, I'm 100% on sidelines right now)

There is very little news that can come out now that will cause a huge dive down

also last time BTC was at $4200 BCH was around $540 so which is going down
tekmobile
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September 27, 2017, 10:17:19 PM
 #6285

^

Yes, true. BCH is looking weak right now.

It's not about the news, it's about MY OPINION. Don't you get it?! It is MOST important! That is why BTC will go down! mohahhahaa *joking*  Tongue

No its about community and developer support and BTC had the largest community of supporters and also the best developers and cryptographers from around the world.

Yes BCH was successful to an extent but its still using 99.99% of cores code and even future updates are derived from core and no matter how much some of the BCH supporters hate and bash on core without them this would not exist and im pretty sure the developer(s) would not be able to re write it all from scratch


Also see here in this post from Hal Finney who worked very close with satoshi and was also the first person to receive a bitcoin transaction from satoshi
https://bitcointalk.org/index.php?topic=2500.msg34211#msg34211

Quote
Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient.

jbreher
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September 27, 2017, 10:59:15 PM
 #6286


I am puzzled why you are responding to a subthread discussing coinfloor as if it is an altogether different topic. That said, I'll go with the flow:

Quote
If China bans mining, what happens to Jihan's operations?  Is Jihan in China or HK?

Wouldn't he be up the creek if he got shut down?  

Do you have reason to believe that he would not be able to move operations to other shores?

Quote
Wouldn't that crush BCC?

No more so than it would crush Bitcoin Segwit. Bitmain ships the overwhelming majority of all Bitcoin mining ASICs, last I checked.

In fact, BCH is much more resilient to step function drops in hashpower than is BTC.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
Mrpumperitis
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September 28, 2017, 12:19:05 AM
 #6287

^ (jbreher)so glad someone here talks sense regularly  Smiley



BCH is going up, time to close the ratio  Cool

...if we break $555, we could break $700 very quickly.
freo
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September 28, 2017, 01:19:40 AM
 #6288

Quote

Wouldn't he be up the creek if he got shut down?  Wouldn't that crush BCC?


Actually it would hurt BTC alot more than BCC because BCC has built in emergency difficulty adjustment which will allow a much smaller mining pool to operate effectively.  BTC does not have this so transaction times would be rediculous.

tekmobile
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September 28, 2017, 01:43:46 AM
 #6289

^ (jbreher)so glad someone here talks sense regularly  Smiley



BCH is going up, time to close the ratio  Cool

...if we break $555, we could break $700 very quickly.

Going to $700 at the current value would be about a 35% increase that's quite a bit and a 35% increase on BTC would put it at just over $5600

Mrpumperitis
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September 28, 2017, 01:52:08 AM
 #6290

^ (jbreher)so glad someone here talks sense regularly  Smiley



BCH is going up, time to close the ratio  Cool

...if we break $555, we could break $700 very quickly.

Going to $700 at the current value would be about a 35% increase that's quite a bit and a 35% increase on BTC would put it at just over $5600


Heres a thought....
China traders panic dumped most coins over past few weeks....
Now in the past us guys would not beable to sustain the dump volume with our buy support (compared to 2013)
However todays buyers (prob since 2015) have far more deeper pockets than all of us combined...
Amongst the people that bought up china coins are the people that print the worlds fiat.. Shocked
These prices for all coins is nothing to them...the whole market is not even $150bill!

All this fud has done is take coins of the weak , mega shake - out as we go towards the $trill+  Wink
Mrpumperitis
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September 28, 2017, 02:43:03 AM
 #6291

buy the dip...its on the dip right now  Wink (btc,bch both going up )
HashEngineering
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September 28, 2017, 03:56:07 AM
 #6292

Bitcoin Cash Wallet for android - based on Bitcoin Wallet by Andreas Schildbach.


Open Beta is here:
https://play.google.com/apps/testing/com.hashengineering.bitcoincash.wallet

GitHub download is here:
https://github.com/bitcoincash-wallet/bitcoincash-wallet/releases/tag/v5.27.1

This can open the backup files from Bitcoin Wallet so you can recover your Bitcoin Cash.  To be safe, you should move all your bitcoins to a different address in a different wallet before using this app to recover your Bitcoin Cash.  This app uses BCC for bitcoin cash as it was using Bitcoin ABC as a guide.  Report issues through the app and we will fix them.

GRS:  FrFpTbfEAni5Ruf8mNdwVQazJVJaQyEM2Y
BTC:  128Ptecsv4j6NoxdBxdvGzBtipfaAarZMJ
https://bitcointalk.org/index.php?topic=336215 - Android Wallet Creation Service
paulkt
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September 28, 2017, 08:11:28 AM
 #6293

Bitcoin Cash Wallet for android - based on Bitcoin Wallet by Andreas Schildbach.


Open Beta is here:
https://play.google.com/apps/testing/com.hashengineering.bitcoincash.wallet

GitHub download is here:
https://github.com/bitcoincash-wallet/bitcoincash-wallet/releases/tag/v5.27.1

This can open the backup files from Bitcoin Wallet so you can recover your Bitcoin Cash.  To be safe, you should move all your bitcoins to a different address in a different wallet before using this app to recover your Bitcoin Cash.  This app uses BCC for bitcoin cash as it was using Bitcoin ABC as a guide.  Report issues through the app and we will fix them.

Thank you so much for this. I've been trying very hard to get the private key from bitcoin android wallet but it is not easy for a newbie like me.
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September 28, 2017, 10:53:22 AM
 #6294

I agree and that's why i kept my bitcoin in the best wallet.
BTC price likely to drop 10 to 20 percent on August 1st when the chain splits. Make sure to have your private keys when this happens so you don't lose funds.
tekmobile
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September 28, 2017, 11:19:26 AM
Last edit: September 28, 2017, 11:36:28 AM by tekmobile
 #6295

Thanks to the poster above (which is obviously a disguised spam post  Roll Eyes ) posting a really old quote made me curious to look back

Having a read over the early posts where it was fairly active by quite a few members and now seems pretty dead also came across this post about the price percentage which is actually close to the peak of the price percentage if you don't count the 24h peak of the Korean pump to 20%


Currently only trading at around 15% of BTC price.

https://www.viabtc.com/quot/realtime?currency=cny&dest=bcc&chart=simple

Price is now almost 10% of BTC so yea loosing market value to BTC and has been almost consistently
CraigWrightBTC
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September 28, 2017, 12:05:09 PM
 #6296

Bitcoin Cash Support Comes Out of Beta for the BitPay and Copay Wallets. As of BitPay and Copay app release version 3.8.2, Bitcoin Cash support is now available in all wallets. https://blog.bitpay.com/bitcoin-cash-wallet/ there are many people  who started addoption bitcoin cash right now, it will makes bitcoin cash being more stable in the price and increasing in the comunity of bitcoin cash, let's wait for the other service which addopt bitcoin cash.
Mrpumperitis
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September 28, 2017, 02:30:35 PM
 #6297

Bitcoin cash will be the #1 coin to hedge for most people as the new  (silly) fork takes place on bitcoin.

This new fork is imo..dangerous for both bitcoin (seg1) and the new upcoming forked coin (seg2)...
Bitcoin cash is safe from any technical issuses from the new fork.  Smiley

I def wont be holding extra btc to gain free segwit2, as this time the risk(v high) vs reward(v low) is not worth it.

I will be getting more Bitcoin cash  Smiley
tekmobile
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September 28, 2017, 02:44:50 PM
 #6298

Bitcoin cash will be the #1 coin to hedge for most people as the new  (silly) fork takes place on bitcoin.

This new fork is imo..dangerous for both bitcoin (seg1) and the new upcoming forked coin (seg2)...
Bitcoin cash is safe from any technical issuses from the new fork.  Smiley

I def wont be holding extra btc to gain free segwit2, as this time the risk(v high) vs reward(v low) is not worth it.

I will be getting more Bitcoin cash  Smiley

There is no risk unless you attempt to split you wont just suddenly loose all your funds if you do nothing and the 2x fork either won't happen or wont gain value and die.

As you have seen the miners will not mine on a coin that is highly unprofitable and with no apparent value or support there will be little to no miners hence probably no or very few blocks

the BTC1 team are not miners unlike BCH so have no way of supporting their own fork with hashing power especially if it starts at the same difficulty as the main chain and no way to fast track it down
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September 28, 2017, 03:16:52 PM
 #6299

Bitcoin cash will be the #1 coin to hedge for most people as the new  (silly) fork takes place on bitcoin.

This new fork is imo..dangerous for both bitcoin (seg1) and the new upcoming forked coin (seg2)...
Bitcoin cash is safe from any technical issuses from the new fork.  Smiley

I def wont be holding extra btc to gain free segwit2, as this time the risk(v high) vs reward(v low) is not worth it.

I will be getting more Bitcoin cash  Smiley


This. Bitcoin Cash will become the safe haven in the next weeks/months. People holding btc thinking a rise will happen like before are in for a rude awakening!!

Bitcoin - Peer to Peer Electronic CASH
tekmobile
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September 28, 2017, 04:11:11 PM
 #6300

Bitcoin cash will be the #1 coin to hedge for most people as the new  (silly) fork takes place on bitcoin.

This new fork is imo..dangerous for both bitcoin (seg1) and the new upcoming forked coin (seg2)...
Bitcoin cash is safe from any technical issuses from the new fork.  Smiley

I def wont be holding extra btc to gain free segwit2, as this time the risk(v high) vs reward(v low) is not worth it.

I will be getting more Bitcoin cash  Smiley

Is this the latest line now I guess you have gave up on the bitkan will send it to the moon one

I should keep a journal of all the predictions that have been said that will cause this to take over
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