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

[hooldus]

Astonishing rise, but I cannot find what is the reason why it rise (except Segwit 2x cancellation - I don't think is sufficient cause)
Is there any big news, or it is another pump & dump?

I think Bitcoin will remain top price thanks to big money, but I am really curious if bch could keep 1000+ levels

That is interesting to watch how long it will remain above $1k at the moment there is no solid reason behind this. Time will decide about the people who are buying at this price.

It is too fast growing .. I think in few days there will be correction under 1k

[1714068671]

1714068671

[1714068671]

1714068671

[boraboy]

Astonishing rise, but I cannot find what is the reason why it rise (except Segwit 2x cancellation - I don't think is sufficient cause)
Is there any big news, or it is another pump & dump?

I think Bitcoin will remain top price thanks to big money, but I am really curious if bch could keep 1000+ levels

That is interesting to watch how long it will remain above $1k at the moment there is no solid reason behind this. Time will decide about the people who are buying at this price.

It is too fast growing .. I think in few days there will be correction under 1k

Nope... Flippening as designed.

Im surprised by BTG though.

[tekmobile]

Astonishing rise, but I cannot find what is the reason why it rise (except Segwit 2x cancellation - I don't think is sufficient cause)
Is there any big news, or it is another pump & dump?

I think Bitcoin will remain top price thanks to big money, but I am really curious if bch could keep 1000+ levels

That is interesting to watch how long it will remain above $1k at the moment there is no solid reason behind this. Time will decide about the people who are buying at this price.

It is too fast growing .. I think in few days there will be correction under 1k

Nope... Flippening as designed.

Im surprised by BTG though.

Yea must be well under $50 now I heard it would be right here
best go check https://coinmarketcap.com/currencies/bitcoin-gold/#charts

[flyx]

Astonishing rise, but I cannot find what is the reason why it rise (except Segwit 2x cancellation - I don't think is sufficient cause)
Is there any big news, or it is another pump & dump?

I think Bitcoin will remain top price thanks to big money, but I am really curious if bch could keep 1000+ levels

That is interesting to watch how long it will remain above $1k at the moment there is no solid reason behind this. Time will decide about the people who are buying at this price.

It is too fast growing .. I think in few days there will be correction under 1k

It's going up crazy ..  Who will buy bch for $1400 when it was $600 last night!!

[bones261]

Astonishing rise, but I cannot find what is the reason why it rise (except Segwit 2x cancellation - I don't think is sufficient cause)
Is there any big news, or it is another pump & dump?

I think Bitcoin will remain top price thanks to big money, but I am really curious if bch could keep 1000+ levels

That is interesting to watch how long it will remain above $1k at the moment there is no solid reason behind this. Time will decide about the people who are buying at this price.

1. From the amount of questions that are getting asked about the fork and getting extra coins could be one reason many are expecting to double up
2. Roger is selling the rest of his Bitcoin to buy Bitcoin Cash
3. The Segwit2x crowd see this as the next best option

Thats about it take your pick but probably a combination of all 3 either way it won't last and when it does dump it will go HARD

You forgot option 4.
4. Digital Currency Group bought a bunch of BCH sub .07 BTC and are now using their typical tricks to get suckers to gobble up all of their asks. (Maybe even poor old Ver. Getting a good whale is just as good as tons of sardines.) They may even be offloading the Coinbase BCH that they have not distributed to their users, yet.

[adamvp]

Nice explanation,
It would be so weird if something other beat coin (xD hah, what a funny coincidence), with   support of Axa company etc (I mean Bitcoin Core)
but even it is a only pump, it could not stop at ~1400usd) .
However, I am afraid on chain scalling is impossible to implement in mainstream..

[tekmobile]

Nice explanation,
It would be so weird if something other beat coin (xD hah, what a funny coincidence), with   support of Axa company etc (I mean Bitcoin Core)
but even it is a only pump, it could not stop at ~1400usd) .
However, I am afraid on chain scalling is impossible to implement in mainstream..

It is if you want a true cashless society its ok trying to compete with visa but can you compete with visa, mastercard, amex and all other payment processors as well as the huge volume that cannabises all these like actually using notes and coins in the street and between friends and family and expect to keep this all on chain

[classicsucks]

All the Alts are, everything is down.

BCH has just wiped out the whole entire crypto space in past couple of days

Where do people get this types of information? Looking at coinmarketcap I see 10/11 top alts are up between 5% and 50%, and BTC is the only loser other than BitConnect, which has been exposed as a scam.

I support the chain with most transactions, like I said, if BCH comes anywhere near the TX volume BTC has I will dump all my cold storage and go all BCH, as well as apologies to each and every one of you.

Funny how the Kore fanbois "support the best coin" but are struggling to define that, since BTC fees are 5000x higher, it has 1/10 the capacity (with diminished hashrate, 1/8 block size, poor diff adjustment, and a completely full mempool, WOW). The can't use "the longest chain" either, but "the chain with the most transactions" is really stretching it... especially when those transactions are paying 10%+ fees.

[classicsucks]

Guys, what will happen to BCH tomorrow? Should i drop BCH before or after the fork?

The common wisdom is to buy on rumor, sell on news. I would say just after the fork. I could be wrong, though.

Yes that is the wisdom, but it doesn't apply here. The BCH fork has been news for the past week. Nobody was buying the rumor.
I suppose you could say that the rumor is "Bitcoin Cash is Satoshi's original Bitcoin"? But when that's news, I don't think the BCH price will go down, LOL.


In other news, I'd say the Bitfinex's issuance of an additional $150 mil USDT Tethers this month could easily account for the price increases we're seeing...
When Bitfinex poops out Tethers it often correlates with BTC price surges, look like they're buying BCH from themselves this time, though.

[brunozisterer]

Astonishing rise, but I cannot find what is the reason why it rise (except Segwit 2x cancellation - I don't think is sufficient cause)
Is there any big news, or it is another pump & dump?

I think Bitcoin will remain top price thanks to big money, but I am really curious if bch could keep 1000+ levels

That is interesting to watch how long it will remain above $1k at the moment there is no solid reason behind this. Time will decide about the people who are buying at this price.

1. From the amount of questions that are getting asked about the fork and getting extra coins could be one reason many are expecting to double up
2. Roger is selling the rest of his Bitcoin to buy Bitcoin Cash
3. The Segwit2x crowd see this as the next best option

Thats about it take your pick but probably a combination of all 3 either way it won't last and when it does dump it will go HARD

You forgot option 4.
4. Digital Currency Group bought a bunch of BCH sub .07 BTC and are now using their typical tricks to get suckers to gobble up all of their asks. (Maybe even poor old Ver. Getting a good whale is just as good as tons of sardines.) They may even be offloading the Coinbase BCH that they have not distributed to their users, yet.

@bones 261 - Option 4 is correct. But if they dump their Bitcoin Cash ( comming back to my question ) what coin they going to invest in. Is there a coin better than Bitcoin Cash ? Otherwise I wouldn't dump my coins !!

[bones261]

@bones 261 - Option 4 is correct. But if they dump their Bitcoin Cash ( comming back to my question ) what coin they going to invest in. Is there a coin better than Bitcoin Cash ? Otherwise I wouldn't dump my coins !!

DCG plays with most of the coins. They have their tentacles spread all over the place. http://dcg.co/portfolio/

Just read CoinDesk. That may give you a clue of what they are pumping and what they are dumping. Naturally, they only tip their hand when they think it will have maximum effect.  

The common wisdom is to buy on rumor, sell on news. I would say just after the fork. I could be wrong, though.

Yes that is the wisdom, but it doesn't apply here. The BCH fork has been news for the past week. Nobody was buying the rumor.
I suppose you could say that the rumor is "Bitcoin Cash is Satoshi's original Bitcoin"? But when that's news, I don't think the BCH price will go down, LOL.

No, we still do not know exactly what effect the new difficulty retarget algo will have on the network. Therefore, it is still "rumor." It will be news when we see it play live on the mainnet.

[classicsucks]

Yea must be well under $50 now I heard it would be right here
best go check https://coinmarketcap.com/currencies/bitcoin-gold/#charts

tek I admire your conviction and you seem like a nice guy. Please get out of that BTG soon bro, it's sooo scammy.

[Rosewater Foundation]

irony^

[classicsucks]

The common wisdom is to buy on rumor, sell on news. I would say just after the fork. I could be wrong, though.

Yes that is the wisdom, but it doesn't apply here. The BCH fork has been news for the past week. Nobody was buying the rumor.
I suppose you could say that the rumor is "Bitcoin Cash is Satoshi's original Bitcoin"? But when that's news, I don't think the BCH price will go down, LOL.

No, we still do not know exactly what effect the new difficulty retarget algo will have on the network. Therefore, it is still "rumor." It will be news when we see it play live on the mainnet.

Have to disagree with you here, bones. "Buy the rumor, sell the news" is a Wall St. trader maxim. It has nothing to do with technicals or fundamentals - it's just playing on human psychology and the greater fool concept. These guys have no idea what diff adjustments, mempools, and hashrate are!

Even the Kore Segwit minions don't fully understand those topics, ie. that's why you have so many people running around like chickens with their heads cut off when somebody mentions that BCH is hard forking...

If you're looking for a rumor then how's this: "The Chinese miners may drastically reduce the BTC hashrate on the date of the Segwit2x fork even though the fork was cancelled"?

[tekmobile]

Yea must be well under $50 now I heard it would be right here
best go check https://coinmarketcap.com/currencies/bitcoin-gold/#charts

tek I admire your conviction and you seem like a nice guy. Please get out of that BTG soon bro, it's sooo scammy.

And what makes it any different to BCH ? and why so concerned all of a sudden ive netted profit from both BCH and BTG since I bought a bit of BCH recently for around $400 with a bit of BTC when it was just over $7000 and sold the BCH at $1200 then used that to buy some BTG at $170 and still have it now

I still own over 90% in BTC though

I trust the value of BTG much more than BCH since there are no big players trying to fake the price I have had a good look over the code and all seems good, Ive been running on testnet for a bit with no issues, I have actually tested things myself and not just relying on someone saying don't worry you can trust us

[bones261]

The common wisdom is to buy on rumor, sell on news. I would say just after the fork. I could be wrong, though.

Yes that is the wisdom, but it doesn't apply here. The BCH fork has been news for the past week. Nobody was buying the rumor.
I suppose you could say that the rumor is "Bitcoin Cash is Satoshi's original Bitcoin"? But when that's news, I don't think the BCH price will go down, LOL.

No, we still do not know exactly what effect the new difficulty retarget algo will have on the network. Therefore, it is still "rumor." It will be news when we see it play live on the mainnet.

Have to disagree with you here, bones. "Buy the rumor, sell the news" is a Wall St. trader maxim. It has nothing to do with technicals or fundamentals - it's just playing on human psychology and the greater fool concept. These guys have no idea what diff adjustments, mempools, and hashrate are!

Even the Kore Segwit minions don't fully understand those topics, ie. that's why you have so many people running around like chickens with their heads cut off when somebody mentions that BCH is hard forking...

If you're looking for a rumor then how's this: "The Chinese miners may drastically reduce the BTC hashrate on the date of the Segwit2x fork even though the fork was cancelled"?

You don't think these Cryptocurrency markets are playing on human emotion? LOLZ!

[Juiceboxx]

Its getting really sporty in here. Need more popcorn🍿

https://s17.postimg.org/gvtdcbl1b/9_C81924_D-90_B8-4_C55-_B630-1_C887_B981_F47.jpg

[garytheasshole]

All the Alts are, everything is down.

BCH has just wiped out the whole entire crypto space in past couple of days

Where do people get this types of information? Looking at coinmarketcap I see 10/11 top alts are up between 5% and 50%, and BTC is the only loser other than BitConnect, which has been exposed as a scam.

I support the chain with most transactions, like I said, if BCH comes anywhere near the TX volume BTC has I will dump all my cold storage and go all BCH, as well as apologies to each and every one of you.

Funny how the Kore fanbois "support the best coin" but are struggling to define that, since BTC fees are 5000x higher, it has 1/10 the capacity (with diminished hashrate, 1/8 block size, poor diff adjustment, and a completely full mempool, WOW). The can't use "the longest chain" either, but "the chain with the most transactions" is really stretching it... especially when those transactions are paying 10%+ fees.

Tell me then, how can I buy bitcoin cash, what can I buy with bitcoin cash and why most of their blocks are empty? Is it because it is a better coin than bitcoin?
Dogecoin has 6MB blocks, basically no transaction fees, way longer chain than bitcoin, is dogecoin a better coin than bitcoin?

[Mrpumperitis]

"Bitcoin Cash is what I started working on in 2010: a store of value AND means of exchange." Gavin A   

https://twitter.com/gavinandresen/status/929377620000681984

[boraboy]

BCH hashrate now surpasses BTC and BTC uncomfirmed soaring. 138078 transactions