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

[bones261]

So is the plan by BTC.top and magical mystery miners to just let the blocks come about an hour apart for a while? Maybe until the other chain catches up? Or are they hoping the can attract more devotees to mine? Wu already only selling latest S9 batch for Bitcoin Cash. Not Bitcoin, not cash, just Bitcoin Cash. (And definitely not LTC!)

Probably continue as normal practice let it limp for a day then disappear once Jihan tells them to take a break

I can't wait until a competitor unseats Bitmain. Just hope the competitor isn't worse.  

[1714239414]

1714239414

[1714239414]

1714239414

[grasshpr]

aaand no blocks again

[bones261]

aaand no blocks again

Don't fret. It will be better in a couple of days. We are in good hands with the magical mystery miners and BTC.TOP.



https://www.youtube.com/watch?v=mbCuOfZX_2A

[bones261]

"a couple of days" doesn't sound good. Confirmations all super slow now?

Chain needs to rest. After all, it was in supersonic mode all weekend.

[tekmobile]

"a couple of days" doesn't sound good. Confirmations all super slow now?

They have to mine some blocks just to stop the difficulty crashing down the reason it crashed so fast last time was long periods with no blocks and coming back to late

[tekmobile]

"a couple of days" doesn't sound good. Confirmations all super slow now?

Chain needs to rest. After all it was in supersonic mode all weekend.

This weekend will be the same probably once the halving happens then it will be even worse

[bones261]

"a couple of days" doesn't sound good. Confirmations all super slow now?

They have to mine some blocks just to stop the difficulty crashing down the reason it crashed so fast last time was long periods with no blocks and coming back to late

Yes, it is really hard to calibrate this when their EDA retarget works more like an old TV channel changing dial rather than the volume dial. As a child, I always ended up breaking the channel dial.  

Edit:Come to think of it, it's even worse. EDA only can only go one way and have to wait until the 2016 block cycle to go the other way.

[Nerf_herder]

"a couple of days" doesn't sound good. Confirmations all super slow now?

They have to mine some blocks just to stop the difficulty crashing down the reason it crashed so fast last time was long periods with no blocks and coming back to late

Yes, it really hard to calibrate this when their EDA retarget works more like an old TV channel changing dial rather than the volume dial. As a child, I always ended up breaking the channel dial. 

Well, that brings me back... To a time before I was born. Guess crypto is for all ages

[tekmobile]

"a couple of days" doesn't sound good. Confirmations all super slow now?

They have to mine some blocks just to stop the difficulty crashing down the reason it crashed so fast last time was long periods with no blocks and coming back to late

Yes, it really hard to calibrate this when their EDA retarget works more like an old TV channel changing dial rather than the volume dial. As a child, I always ended up breaking the channel dial. 

Well, that brings me back... To a time before I was born. Guess crypto is for all ages

I've delt with the old analogue dial but when I was a child it was big clunky mechanical switches you had the choice of 1-4 push to change and pull and twist to tune

[bones261]

"a couple of days" doesn't sound good. Confirmations all super slow now?

They have to mine some blocks just to stop the difficulty crashing down the reason it crashed so fast last time was long periods with no blocks and coming back to late

Yes, it really hard to calibrate this when their EDA retarget works more like an old TV channel changing dial rather than the volume dial. As a child, I always ended up breaking the channel dial. 

Well, that brings me back... To a time before I was born. Guess crypto is for all ages

I've delt with the old analogue dial but when I was a child it was big clunky mechanical switches you had the choice of 1-4 push to change and pull and twist to tune

That was way before my time, I think. I can't even picture what you are talking about. But I was born after color broadcast was mainstream.

[gribble]

Bitcoin started first with gambling.
BitcoinCash will take it back and with low fees create a use case that makes it the only one to use.
Dr. Wright said for people in the gaming industry, the question of why Bitcoin Cash is superior to legacy
Bitcoin comes down to one thing—lower transaction fees. Says thanks to Dr. Craig
https://calvinayre.com/2017/10/02/bitcoin/craig-wright-bitcoin-cashs-superiority-comes-fees-video/

[tekmobile]

Can BCH drop below $400 in the next 24H ? Its still on its downward spiral been like this nearly 2 weeks now

[classicsucks]

So is the plan by BTC.top and magical mystery miners to just let the blocks come about an hour apart for a while? Maybe until the other chain catches up? Or are they hoping the can attract more devotees to mine? Wu already only selling latest S9 batch for Bitcoin Cash. Not Bitcoin, not cash, just Bitcoin Cash. (And definitely not LTC!)

What do you mean, he only accepts BCH as payment?

Bitmain only accepts BCH for the current batch of s9 miners. I think you can purchase other equipment with other means, however.
https://coinspectator.com/news/75338/bitmain-now-accepts-only-bitcoin-cash-for-their-latest-mining-hardware

Yes, my bad. I didn't see it first. I edited my post. Thank you.

4. Only BCC payment method is accepted in this batch

Although, he prices it mainly on USD. If he would price it ONLY in BCH/BCC... now THAT would be interesting.

People rarely price things in cryptos due to their fluctuating value. Also you have to time the markets correctly to buy things with cryptos. I expect there is an increase in commerce with cryptos when the value is rising, but I haven't seen any stats on it.

[European Central Bank]

Bitcoin started first with gambling.
BitcoinCash will take it back and with low fees create a use case that makes it the only one to use.
Dr. Wright said for people in the gaming industry, the question of why Bitcoin Cash is superior to legacy
Bitcoin comes down to one thing—lower transaction fees. Says thanks to Dr. Craig
https://calvinayre.com/2017/10/02/bitcoin/craig-wright-bitcoin-cashs-superiority-comes-fees-video/

uh, and what of basic usability, development and a future worth mentioning?

can anyone point to a single worthwhile contribution this abusive freak has made to bitcoin? i cannot.

realistic fees are important but they're only a small part of a wider picture.

[blackjok3r]

I was a long hold on this one, ut I no longer have any BCH. There is too many people just selling for bitcoin right now. I think we will see ATL of 0.06 again which is where I brought all mine. I've slowly sold them all off through this dump at tops to the best of my ability. My Total holdings have increased a lot since I have done this. I support BCH but probably wont re-enter until the next low. Might possibly get pumped before coinbase releases funds but who knows. Too much sell pressure right now, from people who don't know what they are selling.

[bitcoinPsycho]

I was a long hold on this one, ut I no longer have any BCH. There is too many people just selling for bitcoin right now. I think we will see ATL of 0.06 again which is where I brought all mine. I've slowly sold them all off through this dump at tops to the best of my ability. My Total holdings have increased a lot since I have done this. I support BCH but probably wont re-enter until the next low. Might possibly get pumped before coinbase releases funds but who knows. Too much sell pressure right now, from people who don't know what they are selling.

I sold at .2 and I no exactly what I did

[udj052]

I bought a lot of coins six months ago and kept it all the time. It's doubled and brought me a lot of money, and a great investment direction. You all deserve it

[tekmobile]

If I read these correctly, there are huge sell orders in Bitfinex and Kraken for BCH.

https://cryptowat.ch/bitfinex/bchusd

https://cryptowat.ch/kraken/bchusd

Over 6000 sell orders at Kraken and like over 11000 sell orders at Bitfinex but not many buy orders.

Maybe because there is no support for it even at twice the probability NO miners wanted to do anything to do with it apart from the usual crowd controlled by bitmain

This was never about scaling it was just about taking control and now its falling apart

[Gyrsur]

If I read these correctly, there are huge sell orders in Bitfinex and Kraken for BCH.

https://cryptowat.ch/bitfinex/bchusd

https://cryptowat.ch/kraken/bchusd

Over 6000 sell orders at Kraken and like over 11000 sell orders at Bitfinex but not many buy orders.

Maybe because there is no support for it even at twice the probability NO miners wanted to do anything to do with it apart from the usual crowd controlled by bitmain

This was never about scaling it was just about taking control and now its falling apart

try to see Bitcoin Cash as the backup for Bitcoin 2.0 (Segwit). if anything goes wrong Bitcoin Cash will take over.

[IThoughtIKnewItAll]

If I read these correctly, there are huge sell orders in Bitfinex and Kraken for BCH.

https://cryptowat.ch/bitfinex/bchusd

https://cryptowat.ch/kraken/bchusd

Over 6000 sell orders at Kraken and like over 11000 sell orders at Bitfinex but not many buy orders.

Maybe because there is no support for it even at twice the probability NO miners wanted to do anything to do with it apart from the usual crowd controlled by bitmain

This was never about scaling it was just about taking control and now its falling apart

try to see Bitcoin Cash as the backup for Bitcoin 2.0 (Segwit). if anything goes wrong Bitcoin Cash will take over.

Any reasonable arguments as to why Bitcoin Cash will take over ? I mean, this whole thread is about taking over the world but all I can see is the backporting of source code updates from Bitcoin Segwit.