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

[cryptogaga]

Amazing support @0.09s , with btc at an ath, i was expecting a dump on bcc.

IMO the reason its not dropping, its 50% under priced vs mining costs...this wont last long, as people will quickly buy up the cheap coin.
If this is near bottom...what will near top look like    (short term)

Once difficulty goes down and the mining profitability goes high there would be some major dumps!

Why would the difficulty goes down? I thought it always goes up even though minor corrections might occur if the block times are getting high.

 
Upon the fork BCC/BCH inherited Bitcoins difficulty which is yet to be corrected, the difficulty for BCC/BCH should be lower than that of BTC and the correction has been ongoing but still high in comparison to price and hashrate so it should keep going down till it stabilizes per available hashrate!

[1714967650]

1714967650

[bikerleszno]

Look at this :
There have been 233 blocks mined since the hard fork.

(836 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 17% of the original chain's difficulty.


The original chain has grown 850.28MB more than the Bitcoin Cash blockchain.


It is currently -100% more profitable to mine on the original chain.


Be prepare for big pump soon... More miners will jump into this...

[tekmobile]

Amazing support @0.09s , with btc at an ath, i was expecting a dump on bcc.

IMO the reason its not dropping, its 50% under priced vs mining costs...this wont last long, as people will quickly buy up the cheap coin.
If this is near bottom...what will near top look like    (short term)

Once difficulty goes down and the mining profitability goes high there would be some major dumps!

Why would the difficulty goes down? I thought it always goes up even though minor corrections might occur if the block times are getting high.

The difficulty can go up or down whatever it takes to keep block times averaging 10 mins

BCH have changed the code so it can drop fast and raise slowly

Right now the big unknown miner has gone if this remains so the difficulty will drop to almost nothing and then they are free to come back and mine blocks every few mins until the next difficulty change basically manipulating it

This code is just to benefit the miners and is being exploited

[tekmobile]

Look at this :
There have been 233 blocks mined since the hard fork.

(836 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 17% of the original chain's difficulty.


The original chain has grown 850.28MB more than the Bitcoin Cash blockchain.


It is currently -100% more profitable to mine on the original chain.


Be prepare for big pump soon... More miners will jump into this...

Profitability is going down so why would miners jump onto this

[Grrizz]

Look at this :
There have been 233 blocks mined since the hard fork.

(836 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 17% of the original chain's difficulty.


The original chain has grown 850.28MB more than the Bitcoin Cash blockchain.


It is currently -100% more profitable to mine on the original chain.


Be prepare for big pump soon... More miners will jump into this...

Pretty sure thats a bug, the blocks have been coming in much slower recently which indicates miners leaving (probably to try and force a downward difficulty correction), before it was 100-150%ish more profitable to mine the main chain and slower blocks on the BCH chain shouldn't make it less profitable to mine than the main chain

[tekmobile]

Look at this :
There have been 233 blocks mined since the hard fork.

(836 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 17% of the original chain's difficulty.


The original chain has grown 850.28MB more than the Bitcoin Cash blockchain.


It is currently -100% more profitable to mine on the original chain.


Be prepare for big pump soon... More miners will jump into this...

Pretty sure thats a bug, the blocks have been coming in much slower recently which indicates miners leaving (probably to try and force a downward difficulty correction), before it was 100-150%ish more profitable to mine the main chain and slower blocks on the BCH chain shouldn't make it less profitable to mine than the main chain

The original chain is currently twice as profitable now

The BCH chain is so slow now because just 1 miner has left and will probably return once difficulty drops to under 10% making this just as profitable until the next difficulty adjust providing price ratio remains around 1:10

If I read this right the line at the top is the line BCH needs to pass to be profitable

[Lindsey-Crypto]

Should I invest here?
I'm a newbie

BCC up 66% on bittrex and stable...

Here's some bold stuff for the new readers.

BTC transfer time and queues are sh!t, they are too slow for the masses. BTC it self is like a 1995 year calculator. They need a fix. Remember the FOMO of ETH taking over BTC aka the swap? Well this is actualy legit, why? Becouse it's a fix with a CASH word in i. This will boost the total crypto's market cap by a lot and that's what they need, simple marketing!

What you need to do to get out of a 9 to 5 roller coaster or become a millionaire step by step:

1) Buy as much BCC as you can, yes sell your home, rent a flat for 6 months, thank me later.
2) Print screen this post, copy paste and photoshop on it "my first million" print and frame it. Put it up to the wall or desk or under the pillow.
3) Go to Walmart and buy a pair of steel balls
4) Estimation 40,000.00 US per BCC by 2020.

[vitocorp]

Bitcoin Cash adjusted its mining difficulty over the weekend, a move that comes just under a week after the alternative version of the bitcoin blockchain was created.

As a result of both blocks (478,647 and 478,648) having a Median Time Past (MTP) that was 12 hours greater than the six blocks prior, each block adjusted difficulty down by 20%. A special rule to the network, Bitcoin Cash implemented the measure as part of its hard fork last week.

https://www.coindesk.com/bitcoin-cash-eases-mining-difficulty-blockchain-adjusts/

[bikerleszno]

Bitcoin Cash adjusted its mining difficulty over the weekend, a move that comes just under a week after the alternative version of the bitcoin blockchain was created.

As a result of both blocks (478,647 and 478,648) having a Median Time Past (MTP) that was 12 hours greater than the six blocks prior, each block adjusted difficulty down by 20%. A special rule to the network, Bitcoin Cash implemented the measure as part of its hard fork last week.

https://www.coindesk.com/bitcoin-cash-eases-mining-difficulty-blockchain-adjusts/

"Note that economically, it's still more rational for a miner to mine bitcoin, as Bitcoin Cash needs to be worth about 1/6 of bitcoin's price to be as profitable, which sets the target at $566 at the time of writing."

So It there will be one more jump up to 0.15-0.20 btc for sure very soon Be ready

[tekmobile]

Should I invest here?
I'm a newbie

Only you can decide

[clixcoin]

Should I invest here?
I'm a newbie

In fact nobody can give you advice about the future of any project if you have some funds in reserve and have patience to hold this coin for few months than you can invest in any project. If you are looking for quick profit than it will be bad decision to invest in any cryptocurrency.

[thirdprize]

Is there a name for the sorts of coin that exist only for speculation?  They get mined, they get sold and they get brought, but no one actually does anything (legal) with them.  What can you do with Bitcoin Cash?  Their official website doesn't even pretend there is anywhere you can spend it.

[NutMasterTardd]

Taken a huge risk buying 100 BCH at 0.09 and I've set a sell at 0.23 - I just have a feeling we'll see that value again over the next week, but whoever is buying 1000s of BTC worth has a lot more faith (and probably control with manipulation).

[thiec]

Look at this :
There have been 233 blocks mined since the hard fork.

(836 blocks behind the original chain)


The Bitcoin Cash blockchain is currently operating at 17% of the original chain's difficulty.


The original chain has grown 850.28MB more than the Bitcoin Cash blockchain.


It is currently -100% more profitable to mine on the original chain.


Be prepare for big pump soon... More miners will jump into this...

I never saw the text that you post. I think you copy paste from coin dance
https://cash.coin.dance/blocks

Code:

There have been 234 blocks mined since the hard fork.
(866 blocks behind the original chain)

The Bitcoin Cash blockchain is currently operating at 17% of the original chain's difficulty.

The original chain has grown 879.44MB more than the Bitcoin Cash blockchain.

It is currently 76% more profitable to mine on the original chain.

[klintay]

Taken a huge risk buying 100 BCH at 0.09 and I've set a sell at 0.23 - I just have a feeling we'll see that value again over the next week, but whoever is buying 1000s of BTC worth has a lot more faith (and probably control with manipulation).

good call, 750-1000 usd target in the short term is not unrealistic. i also think we will hit this range again before crashing into oblivion....

[NutMasterTardd]

Taken a huge risk buying 100 BCH at 0.09 and I've set a sell at 0.23 - I just have a feeling we'll see that value again over the next week, but whoever is buying 1000s of BTC worth has a lot more faith (and probably control with manipulation).

good call, 750-1000 usd target in the short term is not unrealistic. i also think we will hit this range again before crashing into oblivion....

I thought so too! I think there will be some strong whale play over the next week while they take some profits pushing the price before a huge dump, but I guess we will see Good luck my friend!

[Justaguy2]

Big guys into play now, 2000 :p

[Justaguy2]

Taken a huge risk buying 100 BCH at 0.09 and I've set a sell at 0.23 - I just have a feeling we'll see that value again over the next week, but whoever is buying 1000s of BTC worth has a lot more faith (and probably control with manipulation).

good call, 750-1000 usd target in the short term is not unrealistic. i also think we will hit this range again before crashing into oblivion....

I thought so too! I think there will be some strong whale play over the next week while they take some profits pushing the price before a huge dump, but I guess we will see Good luck my friend!

Had the same idea, im in it with 18bcc :p, i just dont know jack about when to sell

[george888055]

Should I invest here?
I'm a newbie

just do it without thinking ...and you will be rich

[dustboy]

Nice pump today, I guess many people are getting nice profit by trading BCH last few days. Lets pump it higher so we can make more profit, but be careful of crazy dump.