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FlungSpun
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October 12, 2017, 11:58:28 PM |
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^ Why not faster blocked good? Could you explain? Geniune question, I don't know.  Any blockchain needs to behave in an orderly, predictable and reliable manner. Especially under stress. multiples or division of designed throughput are bad design, open to abuse .. a straight up fail. BCC is basically BiPolar at this point |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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tekmobile
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October 13, 2017, 12:00:55 AM |
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^ Why not faster blocked good? Could you explain? Geniune question, I don't know. Not sure if this is serious or trolling lol Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this |
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jbreher
Legendary
 Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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October 13, 2017, 12:23:57 AM |
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Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this
The Bitcoin Cash block height is about one-tenth of one percent ahead of the Bitcoin Segwit Core block height. You sure you're not hyperventilating over nothing? |
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.
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tekmobile
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October 13, 2017, 12:33:33 AM |
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Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this
The Bitcoin Cash block height is about one-tenth of one percent ahead of the Bitcoin Segwit Core block height. You sure you're not hyperventilating over nothing? You cannot count the blocks before the fork because it wasn't bitcoin cash then it was bitcoin and was not being abused Bcash is only around 10 weeks old and already currently close to 6 weeks ahead and you think this is nothing |
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tekmobile
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October 13, 2017, 12:43:29 AM |
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Faster blocks are bad you get much faster inflation where the market is flooded with new coins diluting the value and the available supply (minor rewards) dries up much faster than adoption meaning there are no incentives to mine any more because the miners have to just rely on transaction fees which are non existent due to very low transaction volume so far most of the transacted volume shown on coinmarketcap is done inside exchanges not on the blockchain so miners do not get a cut of this
The Bitcoin Cash block height is about one-tenth of one percent ahead of the Bitcoin Segwit Core block height. You sure you're not hyperventilating over nothing? You cannot count the blocks before the fork because it wasn't bitcoin cash then it was bitcoin and was not being abused Bcash is only around 10 weeks old and already currently close to 6 weeks ahead and you think this is nothing I agree with tekmobile on this. Also as the value keeps dropping the block generation times need to get faster and faster just to remain profitable and if the miners (which are currently holding) attempted to sell the coins they have accumulated the value wouldn't be in a steady decline anymore it would be a free fall off big cliff This is fact there is nowhere even remotely close to enough demand to eat this kind of inrush so the miners have no choice but to keep holding while the value keeps slipping this is a vicious cycle but a real one |
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winding-coils
Member
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Activity: 168
Merit: 10
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October 13, 2017, 01:25:02 AM |
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Might that explain Charlie's tweets? |
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tekmobile
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October 13, 2017, 01:26:58 AM |
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Might that explain Charlie's tweets? Charlie's tweets are no different from usual unless i've missed something recently |
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tekmobile
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October 13, 2017, 01:45:16 AM |
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That is nothing new though he usually does that when Bcash is hypermining |
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bones261
Legendary
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Activity: 1806
Merit: 1826
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October 13, 2017, 01:52:22 AM |
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That is nothing new though he usually does that when Bcash is hypermining
Yeah, it definitely is in supersonic mode. Blocks coming in at like 1 or more per minute. I thought the mystery miners would be happy just mining for a loss until the regular retarget, in an attempt to normalize. Not sure why they want to mine for a "profit" when they are only HODL the coins they mine, at the moment. |
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tekmobile
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October 13, 2017, 01:58:05 AM |
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That is nothing new though he usually does that when Bcash is hypermining
Yeah, it definitely is in supersonic mode. Blocks coming in at like 1 or more per minute. I thought the mystery miners would be happy just mining for a loss until the regular retarget, in an attempt to normalize. Not sure why they want to mine for a "profit" when they are only HODL the coins they mine, at the moment. Simple get more for there money at the expense of killing what credibility bcash has left Profitability is still dropping fast right after the EDA adjustment it was around 40% more profitable and in such a short period this has dropped to around 25% and we know for a fact that there will be another EDA in a couple of days when the profitability plummets later today (or tomorrow depending where you live) |
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Zabivelli
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October 13, 2017, 02:13:06 AM |
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Damnn the price is BCH doen't go up as it used to. Looks like it is keep going down.  |
Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free! |
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VERA66
Newbie
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Activity: 3
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October 13, 2017, 02:22:14 AM |
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I am interested in it.Can you explain it detailedly？
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tekmobile
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October 13, 2017, 03:03:13 AM |
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I am interested in it.Can you explain it detailedly？
Do you mean Bitcoin Cash  |
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Zabivelli
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October 13, 2017, 03:05:49 AM |
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I am interested in it.Can you explain it detailedly？
Do you mean Bitcoin Cash Clear answer..no need explanation lol |
Use my link to sign up for Crypto.com and we both get $50 USD. You get many staking advantages and you can get the Visa card to spend crypto anywhere in the world. Every time you spend, you get cash back in $MCO. Depending on your card you get free Netflix, Spotify, Airport lounge key and other benefits! The cards are free! |
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Palakka
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Leading Crypto Sports Betting & Casino Platform
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October 13, 2017, 03:12:06 AM |
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bitcoin increase but BCH is down. what happened with bitcoin cash
we hope the price will be increase too like bitcoin. hold for the long term
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estenity
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October 13, 2017, 03:15:12 AM |
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I am interested in it.Can you explain it detailedly？
i prefer presently the explanation of smooth on thread 753252: There is a viable argument that when beliefs and values differ significantly within a community, the total value might be increased by splitting and giving the two sides the opportunity to each express their full support for a platform consistent with their values rather than a continued fighting over a compromise that satisfies neither. ................................................................. This is contingent on both sides of the split actually surviving and amounting to something. The situation with BCH seems still unclear, but it certainly hasn't died yet. |
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Adebisi
Member
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Activity: 79
Merit: 10
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October 13, 2017, 03:15:17 AM |
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What do you think will happen to BCC during the fork?
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Big Naturals
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October 13, 2017, 03:25:13 AM |
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What do you think will happen to BCC during the fork?
Safe haven & hedge |
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