abz1
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August 02, 2017, 03:23:55 PM |
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Won't the difficulty eventually adjust so that then the network will stabilize?
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vectisitch
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August 02, 2017, 03:24:51 PM |
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Maybe this BCH thing was the biggest scam in the History of Crypto.
You may be onto something. There is no reason for this to exist, none whatsoever. It most certainly is not "satoshi's vision". Was this satoshi's dream? Fantastic post! There's so much "bit" shitclones already... Bitcoinplus, bitcoin dark, bitcore, bitsend etc etc No way BCC or BCH (which sounds like BiCH ) will be worth 0.4 of BTC! lollololol. the best one, bitcoin coin. lol not enough coin in that one
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srja80
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August 02, 2017, 03:28:17 PM |
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Won't the difficulty eventually adjust so that then the network will stabilize?
That is my understanding also. There is some incentive to not dedicate hash to mine so difficulty will adjust downward. There is some 20% adjustment that happens after a period of time. Not sure if those can be added together for a 40/60% decrease.
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tekmobile
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August 02, 2017, 03:31:45 PM |
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Won't the difficulty eventually adjust so that then the network will stabilize?
That is my understanding also. There is some incentive to not dedicate hash to mine so difficulty will adjust downward. There is some 20% adjustment that happens after a period of time. Not sure if those can be added together for a 40/60% decrease. Maybe Genesis Block is just trolling the network keeping it artificially high and will just come and go to help it fail
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iamnewhere
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August 02, 2017, 03:32:46 PM |
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Won't the difficulty eventually adjust so that then the network will stabilize?
no miners = no block mined = no diff adjustment = no miners will join
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joblo
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Activity: 1470
Merit: 1114
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August 02, 2017, 03:33:01 PM |
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Won't the difficulty eventually adjust so that then the network will stabilize?
That is my understanding also. There is some incentive to not dedicate hash to mine so difficulty will adjust downward. There is some 20% adjustment that happens after a period of time. Not sure if those can be added together for a 40/60% decrease. Can difficulty change mid block? If not we have to wait for the current block to be solved.
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wklalen
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ibuku adalah segalanya(my mother is the best)
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August 02, 2017, 03:35:06 PM |
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waiting wallet on dumper soon wkwkwkwk
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sojournagain
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August 02, 2017, 03:35:20 PM |
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any good recommendation on where to help the mining effort?
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Elpeor00
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THE WORST EVER
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August 02, 2017, 03:35:51 PM |
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Lets pull out another! Is funny! Bitcoin Turd (tickets BTT and BTD, yes both are already taken!) airdrop 1:1 to all BTC holders, except the ones who have their coins in reliable exchanges. Features: 1- If you don't get your Bitcoin Turd you can send us your BTC private key, then you will have BTT/BTD, and maybe even a bit of your BTC will be returned! 2- No transactions or blocks never! Nobody will dump the precious Bitcoin Turd, then the price will be high for ever! 3- Pump up to 10000 USD in low volume exchanges, as long as feature "2" is active! 4- Futures trading in our own exchange! You can buy as much Bitcoin Turd as you want before launch! Then you will never withdraw it! If you like the project we wait for your donations, we accept all coins, except for Bitcoin Turd, of course
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daemonfox
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August 02, 2017, 03:36:24 PM |
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Maybe this BCH thing was the biggest scam in the History of Crypto.
You may be onto something. There is no reason for this to exist, none whatsoever. It most certainly is not "satoshi's vision". Just a premined altcoin. Quoting for posterity and historical purposes. This shit is excellent!
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bamsterdam
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Merit: 261
Look Morty magic internet money
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August 02, 2017, 03:37:56 PM |
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Everyone is declaring BCH dead because the mine no blocks but If there arent 6 blocks mined every 12 hours difficulty will drop 20% every time. So if no blocks are founds diff will drop in a matter of days to a lvl that will be profitable to mine especially with these manipulated prices seen on the exchanges. So if you want BCH to fail shouldnt it be better to mine more 6 blocks every 12 hour so diff ajustment wont take place untill another three months? https://www.reddit.com/r/Bitcoin/comments/6r368j/bcash_will_mine_around_one_block_every_2_hours/
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abz1
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August 02, 2017, 03:40:14 PM |
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So our free coins are now suck in Limbo ?? lol
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joblo
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August 02, 2017, 03:44:30 PM |
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Are these hash rates for real? BCC almost as much nethash as BTC and still no blocks??? https://pool.viabtc.com/
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StuffOfInterest
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August 02, 2017, 03:44:36 PM |
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My understanding is that Bitcoin can only do a difficulty adjustment every 2016 blocks ( https://bitcoinwisdom.com/bitcoin/difficulty). Unless BCC/BCH changed the difficulty algorithm then it may never get to that block count in order to make an adjustment. I wonder if any coins use a shrinking difficulty based on time since last block generated? In a situation like that, the difficulty could fall between blocks so that even one miner could keep the chain alive or restart it if it was dormant.
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tekmobile
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August 02, 2017, 03:45:59 PM |
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https://news.bitcoin.com/the-trading-center-in-hk-where-they-mined-most-of-the-bitcoin-cash-blocks/According to the owner of ‘MC pool’ in Hong Kong, he and his “big miner friends” started mining BCH “for fun.” Additionally, the miner started mining BCH to promote his new trading center called “Genesis Block.” The trading center will focus on day trading, Over-the-Counter (OTC) sales, retail, night-time lectures, sharing and local cryptocurrency meet-ups. The Hong Kong miner then goes on to explain that he and “most of his friends” have already switched back to the BTC main chain. They started mining yesterday, Hong Kong time, and the miner says the operation hasn’t been profitable due to the difficulty. “Return still cannot catch up to difficulty,” explains the miner. Since switching back to the main chain, the Hong Kong miner doesn’t think they will mine it again. He doesn’t believe his “friends” will jump back into mining BCH either.
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ciro1
Sr. Member
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Activity: 463
Merit: 252
Bitcore (BTX) - Your Payment Coin
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August 02, 2017, 03:47:28 PM |
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Some people sell their free coin then come here to FUD just so others could dump to help them buy back cheaper...crazy world we live in Even Charlie Shrem could be buying more BCH right now but go about twitting all negative news about BCH, I wonder what happened to freedom of choice?
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tekmobile
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August 02, 2017, 03:52:15 PM |
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Some people sell their free coin then come here to FUD just so others could dump to help them buy back cheaper...crazy world we live in Even Charlie Shrem could be buying more BCH right now but go about twitting all negative news about BCH, I wonder what happened to freedom of choice? If anyone is mining now its just ViaBTC there is no FUD its facts everyone is just stopping the newcomers from being scammed by this
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jc12345
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August 02, 2017, 03:54:29 PM |
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Some people sell their free coin then come here to FUD just so others could dump to help them buy back cheaper...crazy world we live in Even Charlie Shrem could be buying more BCH right now but go about twitting all negative news about BCH, I wonder what happened to freedom of choice? Or maybe in this case it is WYSIWYG without another agenda and people are just dumping to get their free money out while they still can. For me the sad thing is that for every winner there is a loser. The poor people that buy the coins from the people cashing in their free money. Those are the people I feel sorry for, but people should know what they are getting into when they buy.
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techtot
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August 02, 2017, 03:56:27 PM |
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I just lost my unique BCH. I used Electrum, after the fork i sended my BTC to Bittrex, i download the Electrom Cash, used my private keys and saw my BCH, everything is ok, until after a little time Electrom Cash send my BCH to the same BTC Bittrex address. So is a lost right? did Electron Cash send your coins without interaction with you Anyway you should contact Bittrex support, maybe they'll be able to help. you most likely are connected to the wrong chain..check the server connection and switch to the right fork..
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clixcoin
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August 02, 2017, 04:03:56 PM |
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It seems no people will cry who dumped their coins at very low price. I believe this coin will grow more healthy and will take 2nd position in market and after this another fork will happen. This is game of profit where all people making free money.
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