HostFat (OP)
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Activity: 4214
Merit: 1203
I support freedom of choice
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July 23, 2017, 03:58:23 PM |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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sAt0sHiFanClub
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July 23, 2017, 04:06:17 PM |
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Notice that with full, 8MB blocks, BitcoinCash's blockchain would grow this much by mid-November.
Oh dear..... I suspect you are trying to pull a fast one on us here....
I don't expect BitcoinCash's blocks will be anywhere near full
So why say it then? And lets assume "anywhere near full" is, lets say, 6Mb. Why would you see a near 6 fold increase in just 12 weeks?
but I think this observation highlights the BitcoinCash philosophy.
No it doesn't. Long term, the initial 123.4 GB is but a drop in the bucket.
Long term, bitcoin as we know it will seem like a drop in the ocean. We hope. |
We must make money worse as a commodity if we wish to make it better as a medium of exchange
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Kwelstr
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Activity: 107
Merit: 10
I've got amazing powers of observation
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July 23, 2017, 04:11:24 PM |
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From the first article: However, the split has not yet happened, with the hardfork to occur on August 1st. Its price, therefore, may change up or down once everyone gets their hands on BCC. Allowing bitcoiners to freely buy the asset directly or sell it, rather than trading futures.
As such, its price ratio to bitcoin and, therefore, its likely hashrate share, remains to be seen, but its opening price and retention of value at around $500, as much as bitcoin’s price last year, seems to be a promising start for the first bitcoin chain-split currency.
I say 500 is a start, let's wait and see where we're come August! |
¯\_(ツ)_/¯
BitCore has a free airdrop every Monday. Get your free BTX!
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sAt0sHiFanClub
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July 23, 2017, 04:13:25 PM
Last edit: July 24, 2017, 03:05:00 PM by sAt0sHiFanClub |
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if it was clear that it wasn't any type of magic bullet
What 'magic bullet" do you think segwit is exactly? What are you hoping for? Its a simple malleabality fix that is not critical at this point in time. Thats it. All the other bullshit you hear about segwit is just noise to disguise the politics of trying to push off chain solutions that dont yet exist in practice. |
We must make money worse as a commodity if we wish to make it better as a medium of exchange
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JamesOng
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July 23, 2017, 04:15:24 PM |
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is this really a fork or it is just another altcoin?
can anyone here point out where to see the mining hash that support for this fork?
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martyMC
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Activity: 159
Merit: 11
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July 23, 2017, 04:17:45 PM |
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If we have a web wallet but with private key like counterwallet. It will be ok?  |
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sxafir
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July 23, 2017, 04:32:33 PM |
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if it was clear that it wasn't any type of magic bullet
What 'magic bullet" do you think segwit is exactly? What are you hoping for? Its a simple malleabality fix that is not critical at this point in time. Thats it. All the other bullshit you hear about segwit is just noise to disguise the politics of trying to push of chain solutions that dont yet exist in practice. Faster confirmation transaction,cheaper it is dependers on market. |
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martyMC
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Activity: 159
Merit: 11
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July 23, 2017, 04:36:10 PM |
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If we have a web wallet but with private key like counterwallet. It will be ok? And if we put our btc on a paper wallet, it will be ok for getting our BTCC? |
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btcbabhh
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July 23, 2017, 04:45:36 PM |
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so if we hold our bitcoin until 2017.08 01 we will get bitcoin cash? anyone can tell me ? thank you |
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European Central Bank
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Activity: 1288
Merit: 1087
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July 23, 2017, 04:46:28 PM |
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because it's a microscopic and incredibly thin market at an exchange with an agenda? |
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JamesOng
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July 23, 2017, 04:46:39 PM |
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so,if the price of Bitcoin benefit more they will mine Bitcoin,if the price of bitcoincash benefit more then they will mine bitcoincash....wtf..a snake with double heads? |
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dr blowfin
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July 23, 2017, 04:48:28 PM |
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So this fork is already being mined and traded on VIABTC at a rate of 0.2 - with surprisingly no affect on BTC price as yet.
As it stands this seems to be quite a generous gift to BTC holders.
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cryptodv
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July 23, 2017, 04:54:21 PM |
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Where can you buy Bitcoin Cash? Which exchange?
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alani123
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Merit: 1412
Leading Crypto Sports Betting & Casino Platform
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July 23, 2017, 04:56:32 PM |
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It seems like added value will be coming into bitcoin's blockchain in the end and this one is pushing users to start using wallets giving them full access to private keys even more. I like how it's starting with a different name and not outright being called "bitcoin" but such projects are quite divisive for the community in my opinion.
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levelten
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July 23, 2017, 05:06:24 PM |
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is this really a fork or it is just another altcoin?
can anyone here point out where to see the mining hash that support for this fork?
It is an altcoin now. The Main chain is now Segwit2x Activated and must be signaling BIP141 in order mine any valid block. So far 97.9% are supporting BIP141. https://www.xbt.eu/I think the only miner pool supporting both chains is ViaBTC (not sure who else). |
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lost_in_base
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Activity: 84
Merit: 10
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July 23, 2017, 05:15:53 PM |
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Darwing price for most stupido!
Exchanges proudly dumping this into pure ZERO!
And it is free for them!
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Fucking with Bitcoin since 2012
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versprichnix
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July 23, 2017, 06:09:29 PM |
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is this really a fork or it is just another altcoin?
can anyone here point out where to see the mining hash that support for this fork?
Yes, if there is no mining hash power I mine it with my cpu. |
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xanga_17
Newbie
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Activity: 8
Merit: 0
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July 23, 2017, 06:22:52 PM |
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What are the pros and cons of bitcoin cash? and can someone tell us what could happen august 1st if minors didn't signal sigwit as they intended?
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