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

[KK65]

Hurrah! First ever BCH <-> KMD atomic swap via barterDEX (decentralized exchange) created by KOMODO PLATFORM!! They have successfully done an atomic swap between KMD and BCH. Which is never been attempted before. But KOMODO PLATFORM's team is able to pull it off! Good news for Bitcoin Cash!

Sources:

https://www.reddit.com/r/btc/comments/7juc9i/first_of_many_bch_kmd_atomic_swap_via_barterdex/

and

https://bitcointalk.org/index.php?topic=1605144.msg26335495#msg26335495

[1715086234]

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[1715086234]

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[1715086234]

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[Victorio]

Hurrah! First ever BCH <-> KMD atomic swap via barterDEX (decentralized exchange) created by KOMODO PLATFORM!! They have successfully done an atomic swap between KMD and BCH. Which is never been attempted before. But KOMODO PLATFORM's team is able to pull it off! Good news for Bitcoin Cash!

Not so much news. The dExchange does the transfer by itself. It's not the merit of Bitcoin Cash, it's the merit of Komodo's BarterDEX.
Even Namecoin has atomic swaps on BarterDEX ...

[Adriano2010]

Can this coin on time to have same value as bitcoin have today? If yes how much do you think will take to reach that value?

[jojo69]

Can this coin on time to have same value as bitcoin have today? If yes how much do you think will take to reach that value?

oh, probably tomorrow, or the next day

[adiebitsler]

Last dip under $2k for 1 BCH guys 

Very soon BCH will be hitting a new ATH 

BCH prices are now soaring high, what will continue to increase purchase demand?

[zemeda]

Has there been much adoption of Bitcoin Cash lately?

[Bitbobb]

Bitbobb,
You were referring "bancor" as the academic predecessor of Special Drawing Rights.
John Maynard Keynes and Ernst Friedrich Schumacher proposed the concept of supranational currency - bancor, that would replace gold in international trade. It was intended as an unit of account to value and clear trade flows, through the multilateral clearing system - International Clearing Union. Each nation would have a limit of bancor, corresponding to its share in global trade. The scope of bancor was to achieve balanced trade among countries and enforce multilateral economic relations - going from bilateral relations to economic regionalism. At that age, bilateral relations were represented among colonies and the metropole (United Kingdom or France) and the ICU implementation would have brought globalization faster.
Gold could have been exchanged for bancor, but not vice-versa. Bancor was never meant as value of store, like physical gold.
Export increases the bancor balance, import - decreases and the mechanism incentivizes a zero balance: the surplus would have been partially held/retained to the ICU Reserve Fund and the deficit would have led to devaluation of the national currency, to become export-competitive and bring the balance back to zero. Rather than being fined, a country would boost its export or import.
It supposed fixed exchange rate between bancor and each national currency. The rate would have been revised when the country crossed the limit of bancor - surplus countries should appreciate the currency, deficit countries - depreciate the currency.
Similar to actual IMF, indebted countries would be under severe financial discipline. Unlike the actual IMF, wealthy, surplus nations would also be under scrutiny and required to implement tight monetary policies.

Multilateral Clearing (Economica Journal, 1943): http://www.centerforneweconomics.org/documents/copy-e-f-schumacher-multilateral-clearing-economica-new-series-vol-10-no-38-may-1943-pp-15
Wikipedia: https://en.wikipedia.org/wiki/Bancor, https://en.wikipedia.org/wiki/International_Clearing_Union

My opinion:
IMF has a broader scope than ICU would have had.
From my POV, IMF focuses more on financial stability rather than trade balance and emphasizes the role of international capital flows. IMF decisions are political decisions, because the SDR is an instrument of higher flexibility than bancor would have been and the strong bends rules to favor him. I tend to see bancor as a self-adjusting mechanism (even a smart-contract), where the decisions are made upon economic performance, not political influence.
It is unclear how would have changed the total amount of banco in response to global GDP increasing. Each country needs higher limit to meet increased export/import volume - either new bancors are issued according the global trade % increase, or each national currency buys less bancor, i.e. bancor become more valuable.
Another sweetspot of bancor for libertarians would be the detachment from any government money. Bancor would not depend on one or 5 currencies.

On one hand, ICU and bancor would have smoothened the income inequality among nations. On the other hand, it would have limited credit issuance and I strongly consider credit a good for the humanity. Debt has a lot of negative consequences when mishandled, but it also drives progress - allowing for expansion and setting higher goals to attain.

No not talking about bancor.  

[Bitbobb]

link: https://www.cnbc.com/video/2017/12/14/coinbases-president-reveals-whats-next-in-the-cryptocurrency-craze.html

[Mrpumperitis]

Blockchain.info Launches Bitcoin Cash Support, Users Cry For SegWit

https://cointelegraph.com/news/blockchaininfo-launches-bitcoin-cash-support-users-cry-for-segwit
Popular Bitcoin wallet provider Blockchain.info has announced it has now given “full support” to Bitcoin Cash (BCH).
BUY BCH NOW  

[Ryan Dugan]

I like bitcoin cash I sold some of it and kept the rest. Bitcoin has such high tx fees and I hope to use bitcoincash more in the future because right now the problem is almost any place that accepts crypto accepts only bitcoin. This needs to change and I hope bitcoincash can help make that change. We all got free bitcoincash so now they need to give us a way to use it.

[ershva]

Cash Bitcoin is a split from Bitcoin with protocol upgrades to improve the chain capacity. this is the hands or fingers of bitcoin which increasingly has a high value day. If Bitcoin Cash gets the majority of PoW then Bitcoin becomes de facto then the marketing of this bitcoin is excellent. It will be Bitcoin without segwit as a gentle fork, where protocol upgrades are done mainly through hard forks, without changing the rules that exist in the previous rule. I will wait for this project both in airdrop and bounty you and then lounching etherdelta.

[Mrpumperitis]

YEAAAA....its happening....BCH/alt-coin trading pairs, markets and BCH only exchanges(via)  

https://www.cryptocoinsnews.com/okex-becomes-first-cryptocurrency-exchange-to-create-a-bitcoin-cash-market/
OKEx Becomes First Cryptocurrency Exchange to Create a Bitcoin Cash Market

OKEx users can now trade bitcoin cash against a dozen other tokens.
The Hong Kong-based exchange made the announcement on Monday, revealing that users now have access to more than a dozen BCH trading pairs.

The news is significant, because OKEx currently ranks sixth among cryptocurrency exchanges in total trading volume, according to data from CoinMarketCap. Over the past 24 hours, OKEx has processed more than $1.3 billion in trades, and it is likely that the new trading pairs will further increase bitcoin cash’s daily trading volume, which often exceeds $1 billion.



https://www.financemagnates.com/cryptocurrency/exchange/fm-homeviabtc-launches-coinex-the-world/
ViaBTC to Launch ‘Coinex’ Exchange; Offers BCH Pairs Exclusively
Initially, Coinex will offer BTC/BCH, ETH/BCH, LTC/BCH, ZEC/BCH, and DASH/BCH pairs.

+
SBI VC Exchanges will list BCH, coinbase will be listing BCH(jan) and probably every other exchange in the world.
Already had Bitcoin.com full support and today, Blockchain info.  
Plus much much more coming very soon.


Expect 1 BCH to be over $6k and heading towards $10k each by end of this year.  

[casinobonusgiveaway]

Bitcoin cash is accepted in dream market which is established since 2013, people can buy more things in the dark market now by BCH. I think you should persuade more bitcoin casinos and sportsbook accept BCH.

[hv_]

Bitcoin cash is accepted in dream market which is established since 2013, people can buy more things in the dark market now by BCH. I think you should persuade more bitcoin casinos and sportsbook accept BCH.

Jon Matonis talks about here

https://soundcloud.com/bitcoin-podcast/jon-matonis-de-centralized-global-trade

ca at 40 Min

And CSW is a capacity exactly there.

[bitcoinPsycho]

Last dip under $2k for 1 BCH guys  

Very soon BCH will be hitting a new ATH  

BCH prices are now soaring high, what will continue to increase purchase demand?

nothing . it's a p and d

[newegggo]

Last dip under $2k for 1 BCH guys  

Very soon BCH will be hitting a new ATH  

BCH prices are now soaring high, what will continue to increase purchase demand?

nothing . it's a p and d

Maybe you are right.
During the past weeks, almost all major altcoins are pumped 2x or 3x. BCH is just one of them.

[Bitbobb]

[Call_Me_Bambi]

US feds to dump Bitcoin Cash and Bitcoin from confiscated criminal activity. Not a lot but might cause a wee dip in price.
https://www.coindesk.com/us-government-to-sell-off-10-million-in-seized-bitcoin-and-bitcoin-cash/

[newegggo]

US feds to dump Bitcoin Cash and Bitcoin from confiscated criminal activity. Not a lot but might cause a wee dip in price.
https://www.coindesk.com/us-government-to-sell-off-10-million-in-seized-bitcoin-and-bitcoin-cash/

According to the report, it is only 513 btc and bch, which is tiny compared to transactions volume.
Nothing will happen.

[garytheasshole]

When flippening?