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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703536 times)
moonriver
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December 14, 2017, 12:17:17 PM
 #11341

Why is the huge pump?
I bought some BCH at 1300 and sold at 1800 today.
I didn't expect it could go to 2000.
Wish I could buy some back at around 1500.
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curt0
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December 14, 2017, 01:17:17 PM
 #11342

Absolutely ..
Obviously this is an organic pump
You are completely clueless. It is a good thing Bitcoin Cash exists. The Bitcoin lightning network is something that I don't trust. I mean, what is the purpose of blockchain and miners ? They have to validate transactions, right ? They need to verify that if I sent 1 BTC to Bob, that I own 1 BTC. But if you are not working onchain, this means transactions do not occur on the blockchain so miners can't verify this anymore. So how can BTC's limited supply be guaranteed offchain ?

Then the people behind BTC are the ones controlling the money and the mining power. You have to be a dufus betting against them. Sure, not everything is nice about how they are doing things. I am sure they don't want segwit in it because of the ASIC advantage that gets taken away. But look how Roger Ver is appearing on so many channels in the last weeks. He came on CNBC yesterday and the people at the table, even one of which has always supported Bitcoin, now claim that in the longterm Bitcoin Cash will be bigger than Bitcoin because the store of value market is much smaller than the payment market. And Roger Ver is planning to launch a Bitcoin Cash credit card so people can spend their money easily.

Now, that being said ... 2 days ago I sent Litecoin to an exchange, today I sent Bitcoin Cash to that same exchange. I received my Litecoin almost instantly. Bitcoin Cash however gets confirmed much slower. I am waiting 15 minutes and still only 1 confirmation received. I still need to get 5 extra confirmations. That's very slow also. Looks like Litecoin is at the winning end at the moment.

Lightning Network Will Likely Fail Due To Several Possible Reasons

https://medium.com/@curt0/lightning-network-will-likely-fail-due-to-several-possible-reasons-336c6c47f049
David48l
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December 14, 2017, 02:17:26 PM
 #11343

Super fan of this coin! HODL!
Well, I am not that happy about having to wait so long before I get 6 confirmations. After 20 min I only got 2. I still need 4. That's very slow. With Litecoin I got my 6 confirmations instantly. And Bitcoin Cash can't say that their network is congested. How on earth is it possible I need to wait this long for 6 confirmations ?

The idea is 0 confirmations, with 1 satoshi of fee.

When the infrastructure in bch realizes that it does not even need 1 confirmation to give the payments for valid, the 0 confirmations will arrive

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
svennnny
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December 14, 2017, 02:19:39 PM
 #11344

Is Ripple gonna surpass bcash >?!
klax
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December 14, 2017, 02:56:26 PM
 #11345

I just buy yesterday for testing bitcoincash ,confirmation was fast.

How about fees ? Are they acceptable, lower than Bitcoin I suppose, right ? What exchange are you using for buying Bitcoincash ? thanks a lot for your feedback

PONTUS   ★   INVESTMENT TOKEN - SALE STARTS ON 01.04.2022    ★   PONTUS
►   pontus.network   ◄
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sozfra
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December 14, 2017, 02:59:11 PM
 #11346

I just buy yesterday for testing bitcoincash ,confirmation was fast.

How about fees ? Are they acceptable, lower than Bitcoin I suppose, right ? What exchange are you using for buying Bitcoincash ? thanks a lot for your feedback

https://bitinfocharts.com/comparison/transactionfees-btc-bch.html#3m

look at the comparison
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December 14, 2017, 03:41:16 PM
 #11347


https://blog.blockchain.com/2017/12/14/bitcoin-cash/

Support - THX !

 Wink

Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
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roeks
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December 14, 2017, 04:01:35 PM
 #11348

The sly and criminal Tether every now and then you look at its total supply that increases, yesterday from 869 999 377 to 994,999,377 a cool 125 000 000 of which they moved 100 000 000 to BCH pumping and so the printing of USDT continues. False counterfeit coins that is hidden in other coins. Money laundering at its best. Someone must report this to the FBI
seek4dream
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December 14, 2017, 04:49:04 PM
 #11349

The sly and criminal Tether every now and then you look at its total supply that increases, yesterday from 869 999 377 to 994,999,377 a cool 125 000 000 of which they moved 100 000 000 to BCH pumping and so the printing of USDT continues. False counterfeit coins that is hidden in other coins. Money laundering at its best. Someone must report this to the FBI
Isn't every USDT backed by a fiat dollar?
I don't believe BCH is pumped by this 100 million USDT.
jojo69
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December 14, 2017, 04:53:30 PM
 #11350

Its over guys.

United Bitcoin is the way forward.

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
tomkat
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December 14, 2017, 04:53:55 PM
 #11351

The sly and criminal Tether every now and then you look at its total supply that increases, yesterday from 869 999 377 to 994,999,377 a cool 125 000 000 of which they moved 100 000 000 to BCH pumping and so the printing of USDT continues. False counterfeit coins that is hidden in other coins. Money laundering at its best. Someone must report this to the FBI
Isn't every USDT backed by a fiat dollar?
I don't believe BCH is pumped by this 100 million USDT.


Tether claims USDT is fully backed, but they haven't provided any proof/audit to confirm it.
It's more likely that BTC will be pumped with the new USDT (as it was previously).

Look here
https://medium.com/@bitfinexed
seek4dream
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December 14, 2017, 05:01:50 PM
 #11352

The sly and criminal Tether every now and then you look at its total supply that increases, yesterday from 869 999 377 to 994,999,377 a cool 125 000 000 of which they moved 100 000 000 to BCH pumping and so the printing of USDT continues. False counterfeit coins that is hidden in other coins. Money laundering at its best. Someone must report this to the FBI
Isn't every USDT backed by a fiat dollar?
I don't believe BCH is pumped by this 100 million USDT.


Tether claims USDT is fully backed, but they haven't provided any proof/audit to confirm it.
It's more likely that BTC will be pumped with the new USDT (as it was previously).

Look here
https://medium.com/@bitfinexed
Maybe it will have some impact to the bitcoin market, but not that much.
Since most of the big Bitcoin Markets is with BTC/USD pair, instead of BTC/USDT pair.

Victorio
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December 14, 2017, 05:09:34 PM
 #11353

Since most of the big Bitcoin Markets is with BTC/USD pair, instead of BTC/USDT pair.
Nope.

USDT:
Bitfinex (7%+margin)
Binance (1.5%)
Poloniex (1.1%+margin)
OKEX (1%+margin)
Huobi (1%+margin)
Bittrex (0.9%)
HitBTC (0.5%+margin)

USD:
GDAX (3%+margin)
Bitstamp (1.9%)
Gemini (1.4%)

roeks
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December 14, 2017, 05:45:44 PM
 #11354

It is no use putting Tether in BTC it is only 6000Sat
roeks
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December 14, 2017, 05:49:39 PM
 #11355

Perhaps if Bitfinex owners print more and more Tether and buy all 21mil BTC and 21mil BCH and China buys all the gold in the world then all will be without value.
Freaks
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December 14, 2017, 05:56:59 PM
 #11356

Is Ripple gonna surpass bcash >?!

Ripple has totally different approach I don't think it has any comparison with BCash. If you mean by marketcap than it could happen there at the moment it's being pumped again.
roeks
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December 14, 2017, 05:58:15 PM
 #11357

As we speak Tether just added $55mil to its total supply now at 1,049,999,377 perhaps going to Ripple
MartiniBlanco
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December 14, 2017, 06:01:50 PM
 #11358

Finally Bitcoin Cash starts to grow again, lets see where this bullish market will bring us! Still holding my Bitcoin cashs from the BTC hardfork and I have to claim them, but there is no time Cheesy
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December 14, 2017, 06:46:06 PM
 #11359

It was nice grow today. Hopefully it will go even higher.
Mrpumperitis
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December 14, 2017, 06:47:31 PM
 #11360

Last dip under $2k for 1 BCH guys  Shocked

Very soon BCH will be hitting a new ATH  Cool

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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