BCC taking the crown.

[stompix]

Just one day more in the history of bitcoincash and we have confirmation
The crown of dumping has been awarded to BCC.

There is no hash support, there is no price support, there is no support from users, there are no users , there is no usage for it, from this you can only draw one single conclusion:
There is no need for this coin to exist in the first place.

And there will be no place for it in the future, no matter how many unicorns you want to paint on the dump walls.

[1715484006]

1715484006

[1715484006]

1715484006

[romani245]

Just one day more in the history of bitcoincash and we have confirmation
The crown of dumping has been awarded to BCC.

There is no hash support, there is no price support, there is no support from users, there are no users , there is no usage for it, from this you can only draw one single conclusion:
There is no need for this coin to exist in the first place.

And there will be no place for it in the future, no matter how many unicorns you want to paint on the dump walls.

Well yeah, it's not going to overtake BTC or anything. But it looks just like Ethereum Classic did when the split happened. ETC seemed dead at first, with very little hash support. But over time, it was accumulated and gained considerable value.

[jjacob]

Just one day more in the history of bitcoincash and we have confirmation
The crown of dumping has been awarded to BCC.

There is no hash support, there is no price support, there is no support from users, there are no users , there is no usage for it, from this you can only draw one single conclusion:
There is no need for this coin to exist in the first place.

And there will be no place for it in the future, no matter how many unicorns you want to paint on the dump walls.

Well, it is $200+ for the holders of Bitcoin. That is enough reason for it to exist.
Who can say no to free money? 

[oslak]

Just one day more in the history of bitcoincash and we have confirmation
The crown of dumping has been awarded to BCC.

There is no hash support, there is no price support, there is no support from users, there are no users , there is no usage for it, from this you can only draw one single conclusion:
There is no need for this coin to exist in the first place.

And there will be no place for it in the future, no matter how many unicorns you want to paint on the dump walls.

BCH difficulty is reduced to 16% of BTC. We're seeing more blocks getting mined. It will still get lower.

[deisik]

The volume is really big like bitcoin? You're either nuts or lying...

BCC last 10 blocks, took 8 hours to confirm, in that time there were 3.483 transactions worth 61 million USD.
Bitcoin last 10 blocks took under 1.5 hours to confirm, in that time there were 15.438 transactions worth 428 million USD.
Now scale that up to the BCC timeframe and we see BCC has less than 2.7% of the economic traffic of Bitcoin

So what's the point of this coin?

Your figures just show how pathetic this Bitcoin Cash is. If its economic power is only around 3% of Bitcoin's, then its current price of about 200 dollars per coin is still overhyped, and it has plenty of room where to collapse into. If we make simple calculations (I know they are not meaning anything in particular but still), we should see its price well below 100 dollars. And this is where this shit alt coin belongs, i.e. below 100 dollars per coin closer to the lower end of that range at that

It IS pathetic, that's not the point i was trying to make when i started the topic.

My points are:
BCC is true to Satoshis whitepaper

I don't quite understand what you refer to here

If Satoshi envisaged Bitcoin as a currency, i.e. as a genuine means of payment and exchange, then I agree that Bitcoin is nowhere near that. But, on the other hand, I can't possibly see how Bitcoin Cash takes us in that direction. Such adoption still won't happen just because BCC has larger blocks. People won't miraculously stop speculating with Bitcoin and start using it as a payment for goods and services. Further, even on purely technical grounds, there are already much more efficient and effective off-chain solutions that offer virtually unlimited processing capacity, and that doesn't mean that we should write them off completely and blindly follow "Satoshi's vision" simply because he didn't know about these solutions in his time

I'm sorry but if you really don't understand the danger BCC poses to Bitcoin you really don't understand economics or Bitcoin.
People are really getting fed up with the bankster/blockstream NWO agenda of Bitcoin and that will show sooner rather than later.
Remember we created Bitcoin to have an opportunity to get rid of those banksters, big corporations and governments influencing and controlling our finances.

This is all empty talk

[Bancorholder]

The volume is really big like bitcoin? You're either nuts or lying...

BCC last 10 blocks, took 8 hours to confirm, in that time there were 3.483 transactions worth 61 million USD.
Bitcoin last 10 blocks took under 1.5 hours to confirm, in that time there were 15.438 transactions worth 428 million USD.
Now scale that up to the BCC timeframe and we see BCC has less than 2.7% of the economic traffic of Bitcoin

So what's the point of this coin?

Your figures just show how pathetic this Bitcoin Cash is. If its economic power is only around 3% of Bitcoin's, then its current price of about 200 dollars per coin is still overhyped, and it has plenty of room where to collapse into. If we make simple calculations (I know they are not meaning anything in particular but still), we should see its price well below 100 dollars. And this is where this shit alt coin belongs, i.e. below 100 dollars per coin closer to the lower end of that range at that

It IS pathetic, that's not the point i was trying to make when i started the topic.

My points are:
BCC is true to Satoshis whitepaper

I don't quite understand what you refer to here

If Satoshi envisaged Bitcoin as a currency, i.e. as a genuine means of payment and exchange, then I agree that Bitcoin is nowhere near that. But, on the other hand, I can't possibly see how Bitcoin Cash takes us in that direction. Such adoption still won't happen just because BCC has larger blocks. People won't miraculously stop speculating with Bitcoin and start using it as a payment for goods and services. Further, even on purely technical grounds, there are already much more efficient and effective off-chain solutions that offer virtually unlimited processing capacity, and that doesn't mean that we should write them off completely and blindly follow "Satoshi's vision" simply because he didn't know about these solutions in his time

I'm sorry but if you really don't understand the danger BCC poses to Bitcoin you really don't understand economics or Bitcoin.
People are really getting fed up with the bankster/blockstream NWO agenda of Bitcoin and that will show sooner rather than later.
Remember we created Bitcoin to have an opportunity to get rid of those banksters, big corporations and governments influencing and controlling our finances.

This is all empty talk

Read the whitepaper. Hell, just read the synopsis of the whitepaper written by any person. It's clear to anyone reading your post you don't know what you are talking about.

[RamBahadur.Gurung]

Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.

Even at this point of time, the BTC computing power is much more than that of BCC. I don't think that BCC is going to overtake BTC anywhere in the near future. That is, unless the scaling issues with BTC surface once again.

[deisik]

The volume is really big like bitcoin? You're either nuts or lying...

BCC last 10 blocks, took 8 hours to confirm, in that time there were 3.483 transactions worth 61 million USD.
Bitcoin last 10 blocks took under 1.5 hours to confirm, in that time there were 15.438 transactions worth 428 million USD.
Now scale that up to the BCC timeframe and we see BCC has less than 2.7% of the economic traffic of Bitcoin

So what's the point of this coin?

Your figures just show how pathetic this Bitcoin Cash is. If its economic power is only around 3% of Bitcoin's, then its current price of about 200 dollars per coin is still overhyped, and it has plenty of room where to collapse into. If we make simple calculations (I know they are not meaning anything in particular but still), we should see its price well below 100 dollars. And this is where this shit alt coin belongs, i.e. below 100 dollars per coin closer to the lower end of that range at that

It IS pathetic, that's not the point i was trying to make when i started the topic.

My points are:
BCC is true to Satoshis whitepaper

I don't quite understand what you refer to here

If Satoshi envisaged Bitcoin as a currency, i.e. as a genuine means of payment and exchange, then I agree that Bitcoin is nowhere near that. But, on the other hand, I can't possibly see how Bitcoin Cash takes us in that direction. Such adoption still won't happen just because BCC has larger blocks. People won't miraculously stop speculating with Bitcoin and start using it as a payment for goods and services. Further, even on purely technical grounds, there are already much more efficient and effective off-chain solutions that offer virtually unlimited processing capacity, and that doesn't mean that we should write them off completely and blindly follow "Satoshi's vision" simply because he didn't know about these solutions in his time

I'm sorry but if you really don't understand the danger BCC poses to Bitcoin you really don't understand economics or Bitcoin.
People are really getting fed up with the bankster/blockstream NWO agenda of Bitcoin and that will show sooner rather than later.
Remember we created Bitcoin to have an opportunity to get rid of those banksters, big corporations and governments influencing and controlling our finances.

This is all empty talk

Read the whitepaper. Hell, just read the synopsis of the whitepaper written by any person. It's clear to anyone reading your post you don't know what you are talking about

Why should I read the synopsis of the whitepaper written by any person?

Are you mentally deficient or what? Anyway, I thought I made it quite clear right from the start that I didn't quite understand what the poster referred to. So what's the point of your post? If you are not looking for a sort of third-rate trolling, or anything to that tune, explain what Satoshi's vision in this regard is instead of making silly and utterly meaningless remarks and comments ("it's clear to anyone reading your post you don't know what you are talking about", lol). As far as I know, the block size was first set to 32 megabytes, then it was diminished by Satoshi himself to 1 megabyte to make mining more robust and resilient. And he did view Bitcoin as a means of payment, i.e. as a currency, and not as a vehicle for speculation



Do you disagree with that?

[romani245]

Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.

Even at this point of time, the BTC computing power is much more than that of BCC. I don't think that BCC is going to overtake BTC anywhere in the near future. That is, unless the scaling issues with BTC surface once again.

If I were Jihan Wu and I wanted to create some drama, here's what I would do: Start spamming again (spam largely stopped as we approached the BIP148/BIP91 threat), creating the appearance of congestion in spite of Segwit. Then start moving a large percentage of hash power to the Bitcoin Cash chain, further exacerbating the capacity problems on the BTC chain by slowing down block time.

It probably won't happen, but it would make for some good drama...

[deisik]

Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.

Even at this point of time, the BTC computing power is much more than that of BCC. I don't think that BCC is going to overtake BTC anywhere in the near future. That is, unless the scaling issues with BTC surface once again.

If I were Jihan Wu and I wanted to create some drama, here's what I would do: Start spamming again (spam largely stopped as we approached the BIP148/BIP91 threat), creating the appearance of congestion in spite of Segwit. Then start moving a large percentage of hash power to the Bitcoin Cash chain, further exacerbating the capacity problems on the BTC chain by slowing down block time.

It probably won't happen, but it would make for some good drama...

This is not gonna happen for pretty obvious reasons

Somehow, people still continue to think that Bitcoin Cash is somehow linked to the regular Bitcoin (so you are not alone if that gives you some comfort) in the way they can freely move funds between the two currencies, and if there is a sort of congestion on the one blockchain, they can switch to the other which is less congested. But this is no longer the case (and, in fact, has never been). Bitcoin Cash is an altcoin (despite its name) just like any other altcoin, and, if anything, it makes sense to use Litecoin if you are looking for fast and cheap transactions

[exstasie]

Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.

Even at this point of time, the BTC computing power is much more than that of BCC. I don't think that BCC is going to overtake BTC anywhere in the near future. That is, unless the scaling issues with BTC surface once again.

If I were Jihan Wu and I wanted to create some drama, here's what I would do: Start spamming again (spam largely stopped as we approached the BIP148/BIP91 threat), creating the appearance of congestion in spite of Segwit. Then start moving a large percentage of hash power to the Bitcoin Cash chain, further exacerbating the capacity problems on the BTC chain by slowing down block time.

It probably won't happen, but it would make for some good drama...

This is not gonna happen for pretty obvious reasons

Somehow, people still continue to think that Bitcoin Cash is somehow linked to the regular Bitcoin (so you are not alone if that gives you some comfort) in the way they can freely move funds between the two currencies, and if there is a sort of congestion on the one blockchain, they can switch to the other which is less congested. But this is no longer the case (and, in fact, has never been). Bitcoin Cash is an altcoin (despite its name) just like any other altcoin, and, if anything, it makes sense to use Litecoin if you are looking for fast and cheap transactions

I think the point was that Bitcoin Cash was framed as fulfilling some original vision of bitcoin, with BU-approved scaling, etc. For years, a hard fork to larger block sizes was pushed as a "scaling solution" for Bitcoin, so yes, while Bitcoin Cash is an altcoin, so too would be any hard fork of bitcoin. If the community ever decides to remove/alter consensus rules in the future, including to fix an existential protocol flaw, the forked coin will also be an altcoin.

I'm of the opinion that any hard fork is an altcoin, and therefore cannot be Bitcoin. But try explaining that to other bitcoiners..... and the btc1/Segwit2x camp.

[jtipt]

Just one day more in the history of bitcoincash and we have confirmation
The crown of dumping has been awarded to BCC.

There is no hash support, there is no price support, there is no support from users, there are no users , there is no usage for it, from this you can only draw one single conclusion:
There is no need for this coin to exist in the first place.

And there will be no place for it in the future, no matter how many unicorns you want to paint on the dump walls.

Well, it is $200+ for the holders of Bitcoin. That is enough reason for it to exist.
Who can say no to free money? 

Meh, yeah. There was no need for a immediate fork for a 8MB block size, but well after all what we got was just a altcoin bitcoin copy with 8mb block size. completely useless other than just claiming some free money.

[maokoto]

I am just holding a little of BCC hoping some pump, but I do not think it will go anywhere in the long run. BTC is so much stronger that there is even no comparison between the two.

[deisik]

Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.

Even at this point of time, the BTC computing power is much more than that of BCC. I don't think that BCC is going to overtake BTC anywhere in the near future. That is, unless the scaling issues with BTC surface once again.

If I were Jihan Wu and I wanted to create some drama, here's what I would do: Start spamming again (spam largely stopped as we approached the BIP148/BIP91 threat), creating the appearance of congestion in spite of Segwit. Then start moving a large percentage of hash power to the Bitcoin Cash chain, further exacerbating the capacity problems on the BTC chain by slowing down block time.

It probably won't happen, but it would make for some good drama...

This is not gonna happen for pretty obvious reasons

Somehow, people still continue to think that Bitcoin Cash is somehow linked to the regular Bitcoin (so you are not alone if that gives you some comfort) in the way they can freely move funds between the two currencies, and if there is a sort of congestion on the one blockchain, they can switch to the other which is less congested. But this is no longer the case (and, in fact, has never been). Bitcoin Cash is an altcoin (despite its name) just like any other altcoin, and, if anything, it makes sense to use Litecoin if you are looking for fast and cheap transactions

I think the point was that Bitcoin Cash was framed as fulfilling some original vision of bitcoin, with BU-approved scaling, etc. For years, a hard fork to larger block sizes was pushed as a "scaling solution" for Bitcoin, so yes, while Bitcoin Cash is an altcoin, so too would be any hard fork of bitcoin. If the community ever decides to remove/alter consensus rules in the future, including to fix an existential protocol flaw, the forked coin will also be an altcoin

Yes, I read many of these debates

And I know that it was sort of Satoshi's vision to increase the block sizes once there is not enough room to fit all new transactions coming in thanks to Bitcoin expansion and growth. That said, I don't think that it is a scaling solution at all, it is a dead end, in fact. If Satoshi were still around, he would likely agree that today there are better approaches which could actually scale up Bitcoin processing capacity without sacrificing (a lot of) decentralization in a genuine way. We are already heavily centralized by miners anyway, so taking away some power from them (say, via Lightning Network) can't and won't hurt Bitcoin

[Cobalt9317]

When you look at it logically it is the only possible outcome.

BCC is true to Satoshis view of Bitcoin, it has the most support from all the big Bitcoin investors and infrastructure.

The price is very high compared to current mining power, this means miners have big incentive to switch to BCC instead of keeping their rigs pointed at the classic Bitcoin chain.

BCC team have enormous wealth ensuring price stability, development, infrastructure growth and security.

Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.

The new ATH is nothing but a distraction of capital moving to BCC. Whales don't want you to get your hands on BCC  cheap while it lasts.

I really didn't pay attention to BCC but if this is the issue and all miners change their equipment to mine BCC it will be the doom for the BTC industry, however I don't have such BCC only in the wallet that I have in my BTC before. We shall see where this is going to lead.

[CowboyKiller]

I am just holding a little of BCC hoping some pump, but I do not think it will go anywhere in the long run. BTC is so much stronger that there is even no comparison between the two.

Most holder BCC (not is Whales or Big Boy on market) are choose believe in one day the price of BCC can pumps. But for me, the current price of BCC is right with the value of it, because new altcoin on market can't growth very fast as in past days it did. Growth slowly and stable always better than fast but temporary

[fanbeila]

When you look at it logically it is the only possible outcome.

BCC is true to Satoshis view of Bitcoin, it has the most support from all the big Bitcoin investors and infrastructure.

The price is very high compared to current mining power, this means miners have big incentive to switch to BCC instead of keeping their rigs pointed at the classic Bitcoin chain.

BCC team have enormous wealth ensuring price stability, development, infrastructure growth and security.

Once people realize this and the Bitcoin network loses computing power to BCC all Bitcoin capital will shift to BCC. Leaving the blockstream bankster Bitcoin we all got frustrated with over the past years in the dust.

The new ATH is nothing but a distraction of capital moving to BCC. Whales don't want you to get your hands on BCC  cheap while it lasts.

Its one of the best FUD spread here after the hard fork about BTC.Does BCC really has big investors support? Thats really shocking to hear.From where did you find those investors?You may be a person who want to dump BTC to buy it cheap,but try to be a little bit honest in giving the details about BTC and BCC.So,you are coming to say that whales are buying BCC at cheap rate,thats a good joke.

[stompix]

Just one day more in the history of bitcoincash and we have confirmation
The crown of dumping has been awarded to BCC.

There is no hash support, there is no price support, there is no support from users, there are no users , there is no usage for it, from this you can only draw one single conclusion:
There is no need for this coin to exist in the first place.

And there will be no place for it in the future, no matter how many unicorns you want to paint on the dump walls.

Well, it is $200+ for the holders of Bitcoin. That is enough reason for it to exist.
Who can say no to free money? 

Honestly, any coin with a bit of investment in marketing, and not even close to the sum spent by the bccrash fanboys would reach 200$.
Check the market, there are coins with 0 transactions for hours which are valuated at millions in marketcap.

Remember midsafecoin? What the hell and fword was that and why is it still there?
Cause...madness

Its one of the best FUD spread here after the hard fork about BTC.Does BCC really has big investors support? Thats really shocking to hear.From where did you find those investors?You may be a person who want to dump BTC to buy it cheap,but try to be a little bit honest in giving the details about BTC and BCC.So,you are coming to say that whales are buying BCC at cheap rate,thats a good joke.

Don't try. You're wasting your time. The duck is just like nagle or proudhon (in it's worse days) right now.
This duck flies above the clouds of reasons.

[oblox]

Even if I don't like the fact that BTC splitted...

The BTH/BCC will raise...

It will become the biggest alt...

I think it will maintain a minimum 10% value of BTC but might go higher

Many coins will never be claimed, it has BTC origins, huge diversification, solid blockchain and it's a somehow cheap opportunity to get in before BTC goes parabolic.

On the short term it will probably go down in value...but in the long term it will rise

You Sir, make no sense whatsoever...

How does an investment in something cheaper per unit give a better investment at a continuous rate of 10%?
Math much?

I will draw it for you..

10% ====> BTC 3K---BTH 300........BTC 10K----BTH 1K and so on...

Cheaper....for people who can't afford to purchase numerous thousands of $ in BTC...they can get in a cheaper price...

...and to think, here I thought I could buy fractions of a coin. 

[stompix]

...and to think, here I thought I could buy fractions of a coin. 

No, in the vision of Ducktoshi you should always buy a full coin, because ...something.
I remember one guy that was so happy his altcoin was 7 or so satoshi because he could buy a lot of coins while he could only afford 1/4 or so of a bitcoin.

I wonder if in real life people feel richer with 1000 pennies than with a hundred bill.