🔥 BITCOlN CASH JUST MINED FIRST EVER 8MB BLOCK!!!! 🔥

[xskl0]

why are you posting here about alts imbecile?

Because is an alt with a lot of potential 😂

But there's a dedicated alt coin forum where you can discuss your shitcoin.

I was kidding, I don't think Bitcoin Cash can be considerated an altcoin like the others just because is the product of a hardfork of the original Bitcoin and is more similar to Satoshi's idea of currency than Bitcoin Segwit.

[xskl0]

I would rather say that BCH is an altcoin with a good potential. The real bitcoin is what the people have chosen already. 91% of the miners signaled for bitcoin so it really doesn't matter what rest 9% will say. majority always wins and majority is sticking around the real bitcoin whose price is setting up a new world record every single day.

You can certainly discuss about BCH in the altcoins section of the forum. Just for your information I have given the link below:

https://bitcointalk.org/index.php?board=67.0

Thanks!

Maybe some miners will change of idea this weekend when mining Bitcoin Cash could become more profitable than mining Bitcoin Segwit.

[CyberKuro]

why are you posting here about alts imbecile?

Because is an alt with a lot of potential 😂

When was the last time you transact/sent bitcoin cash and how much it was?
Then, how much you have to paid for transaction fee?
How long until your transaction be confirmed?
If all of those question has good answers, then it is a better digital currency.
But doesn't mean could compete with bitcoin without more support from people, business and companies all over the world.

I'm going to dump all of mine as soon as I feel the time is right. I'm not serious about holding BCH.

It's a respectable decision but I think that implies a considerable risk. Bitcoin was invented to have more freedom, we can't depend of exchanges to make 'Lightning' transactions, we already have paypal to do it, the Bitcoin idea is about other things

That's what most people think about bitcoin cash, an easy money to get as we've earned it for free.
When trading platform and exchanges allows bch deposit and trade it, its price got dumped hardly, and that will happen again when its price rise again.

[Omega Weapon]

why are you posting here about alts imbecile?

Because is an alt with a lot of potential 😂

If you recognize that bitcoin cash is just an alt at the moment then this must be posted in the altcoin section of the forum, If you think that bitcoin cash is going to beat bitcoin and by your previous posts it seems this is the case, then you have the right to think whatever you want but at the moment the longest chain of bitcoin is recognized as the true bitcoin and as such this thread is in the wrong section.

[CryptoBoomers]

I'm sure in no time BCH is going to go to $5,000+, it's going to take over bitcoin, all the exchanges are going to throw core out and make new pairs of everything for btccash, all the developers and tech companies and blockchains are going to stop deving for core and switch, all the miners are going to go to the bilderberg meeting and agree to team up on a coup, people will forget about core it will become an alt like litecoin.... . . . .... and then I woke up, what a crazy dream...

[skyline247]

-snip-
Now there is no doubt that BCH is the real Bitcoin!

The real Bitcoin is the one which the community chooses (based on nodes and total network hashpower) and is not related to current block size in any shape or form.

On a side node, watch as the number of nodes shrinks significantly in a year. So much for trustless & decentralized.

There's a lot of truth in this statement; no judging, no name calling, and no statements with all capitalizations.  Bitcoin Cash may win out; but the last few weeks doesn't prove that out.  It'd be foolish to ignore BCH but right now my money is on BTC.

Sorry, but anyone betting on BCH to outperform Bitcoin in the long run is getting long odds at best. The price is less than 10% of Bitcoin and not showing any signs of increasing. I don't see where this hype is coming from, considering this coin didn't exist a month ago and has no reason to become more popular than Bitcoin.

Look, a lot of folks got free money, but you must admit that is what Bitcoin Cash is best at - giving people free money. hah

[Variogam]

Sorry, but anyone betting on BCH to outperform Bitcoin in the long run is getting long odds at best. The price is less than 10% of Bitcoin and not showing any signs of increasing. I don't see where this hype is coming from, considering this coin didn't exist a month ago and has no reason to become more popular than Bitcoin.

Look, a lot of folks got free money, but you must admit that is what Bitcoin Cash is best at - giving people free money. hah

1. Bitcoin price was under $500 not so long ago
2. Bitcoin Cash is not new coin, it has its ledger tied back to first Satoshi block in 2009. Exactly the same as Bitcoin
3. There is nothing like free money, if you sold BCH you dont have them anymore. So you just have to hope Bitcoin tiny blocks and SegWit is better long term option.

[Mozdalifa17]

-snip-
Now there is no doubt that BCH is the real Bitcoin!

The real Bitcoin is the one which the community chooses (based on nodes and total network hashpower) and is not related to current block size in any shape or form.

On a side node, watch as the number of nodes shrinks significantly in a year. So much for trustless & decentralized.

There's a lot of truth in this statement; no judging, no name calling, and no statements with all capitalizations.  Bitcoin Cash may win out; but the last few weeks doesn't prove that out.  It'd be foolish to ignore BCH but right now my money is on BTC.

Sorry, but anyone betting on BCH to outperform Bitcoin in the long run is getting long odds at best. The price is less than 10% of Bitcoin and not showing any signs of increasing. I don't see where this hype is coming from, considering this coin didn't exist a month ago and has no reason to become more popular than Bitcoin.

Look, a lot of folks got free money, but you must admit that is what Bitcoin Cash is best at - giving people free money. hah

why people us big bold font to say something the idea is clear no need for that . market is unpredictable at anytime .

[aso118]

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814

Some people would say that BCH has a scaling problem. Even 8 MB blocks don't seem to be enough.  
Where can you draw the line?

Blocks of 8 are enough for a long time but Bitcoin Cash recived a spam attack from some Segwitt supporters
Found the limit is like try to predict how many bytes will have a pendrive in the future. Technology is every year better and Satoshi said once that this will not a big problem.

Spam attack? That is funny. I thought that this was the reason given by small block supporters whenever blocks ran full.
And why would Segwit supporters need to attack Bitcoin cash by spamming (and thereby proving that higher transaction throughput is required)?

[illinest]

Sorry, but anyone betting on BCH to outperform Bitcoin in the long run is getting long odds at best. The price is less than 10% of Bitcoin and not showing any signs of increasing. I don't see where this hype is coming from, considering this coin didn't exist a month ago and has no reason to become more popular than Bitcoin.

Look, a lot of folks got free money, but you must admit that is what Bitcoin Cash is best at - giving people free money. hah

1. Bitcoin price was under $500 not so long ago
2. Bitcoin Cash is not new coin, it has its ledger tied back to first Satoshi block in 2009. Exactly the same as Bitcoin
3. There is nothing like free money, if you sold BCH you dont have them anymore. So you just have to hope Bitcoin tiny blocks and SegWit is better long term option.

Yup, that's the thing. There is no free lunch. It's a calculated risk to sell your BCH. It's probably the right move; BCH doesn't have promising developers or significant economic or miner support. Some people are definitely buying it, holding up the price, though.

I'd rather hold an airdrop for 6 months to a year before I consider selling, though. If I miss out, oh well. It's worse to miss out on the opportunity of a lifetime (an altcoin going 100x or 1000x).

[groko271]

These BCH supporters seem adamant that one day BCH will destroy bitcoin. If it were simply true one would not need to post in caps, huge font and everything else BCH supporters poke our eyes with. It seems they are trying too hard to convince themselves that they are right.


XXX

[Omega Weapon]

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814

Some people would say that BCH has a scaling problem. Even 8 MB blocks don't seem to be enough.  
Where can you draw the line?

Blocks of 8 are enough for a long time but Bitcoin Cash recived a spam attack from some Segwitt supporters
Found the limit is like try to predict how many bytes will have a pendrive in the future. Technology is every year better and Satoshi said once that this will not a big problem.

Spam attack? That is funny. I thought that this was the reason given by small block supporters whenever blocks ran full.
And why would Segwit supporters need to attack Bitcoin cash by spamming (and thereby proving that higher transaction throughput is required)?

Exactly and even if that was the case then the fact that a blockchain with 8MB blocks can be spammed so easily show to us that just increasing the size of the blocks is not the right solution since anyone can just spam the network with very low transactions and fill those blocks, if a person admits to this then they are basically admitting that their solution is not the right one.

[JohnBitCo]

I never looked at the protocols but I have a question?.

[Mallyx]

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814









Now there is no doubt that BCH is the real Bitcoin!

5To blockchain incoming within a year ! Enjoy more centralization due to less nodes operating.

[HongKong]

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814









Now there is no doubt that BCH is the real Bitcoin!

5To blockchain incoming within a year ! Enjoy more centralization due to less nodes operating.

Yeah, there’s a bunch of transactions going through Bitcoin Cash right now and they just began their launch so the amount of transactions during the month will get larger over time. I am not impressed with Bitcoin Cash due to the slow transaction time, it doesn’t really have any purpose to me since Bitcoin can already process transactions within a decent timeframe without doing that much work.

It’s not that tough to get Bitcoin either, purchasing Bitcoin with Fiat is really easy though purchasing Bitcoin Cash with Fiat is quite the bothersome task since it consists of many transfers for a slow time to wait to get the money out.

[severaldetails]

I think it's a little strange when you look at the blocks of bitcoin cash at the moment.
You have one new block about every minute at the moment. That is ten times what it is supposed to be I think.
And that means as well that many new coins are getting into the market.
I would expect those coins to create a mass of transactions, but they do not.
At the moment one block is filled with about 20kb.
To me it looks like the only group who profits right now are the miners.

[slaman29]

I think it's a little strange when you look at the blocks of bitcoin cash at the moment.
You have one new block about every minute at the moment. That is ten times what it is supposed to be I think.
And that means as well that many new coins are getting into the market.
I would expect those coins to create a mass of transactions, but they do not.
At the moment one block is filled with about 20kb.
To me it looks like the only group who profits right now are the miners.

This is not at all a big surprise. Who on earth is using Bitcoin Cash besides the miners, traders and the few who have money invested in it? Are people waiting to trade Bitcoin cash out to pay their bills? Is someone buying stuff on Amazon with it? Are gamblers and casinos moving big chunks of it around as normal operations. No, no, no.

Makes it no different from an alt in that respect. Remember, there are millions of tx that involve moving out BCH to sell. Those are not done yet.

[Omega Weapon]

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814









Now there is no doubt that BCH is the real Bitcoin!

5To blockchain incoming within a year ! Enjoy more centralization due to less nodes operating.

Are there Bitcoin cash nodes running? What I mean is, what is the point? Even if you run a node now the increase in the size of the blockchain is going to be so big that at some point the person running the node will have to invest more and more money to keep running the node or stop doing it, so what is the point of running a node of bitcoin cash when in a few months or years you are not going to be able to keep it running.

[EpicFail]

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814









Now there is no doubt that BCH is the real Bitcoin!

5To blockchain incoming within a year ! Enjoy more centralization due to less nodes operating.

Are there Bitcoin cash nodes running? What I mean is, what is the point? Even if you run a node now the increase in the size of the blockchain is going to be so big that at some point the person running the node will have to invest more and more money to keep running the node or stop doing it, so what is the point of running a node of bitcoin cash when in a few months or years you are not going to be able to keep it running.

I will have a Bitcoin Cash node up and running ... once it syncs. I have been trying to sync since around August 10. It is around 20 weeks behind and it estimates around 3 more days to sync.

Once that happens I will keep it running long enough to move all my BCH to various exchanges. I'd be happy if I could get $700 a coin.

[groko271]

Can somebody please tell me why it has to be one or the other, why not both be successful? There are so many threads/post regarding either BTC or BCH being killed by the other. Although I lean towards BTC surviving over the 'alt" BCH but i don't see a problem with both coins having a measure of success. As i've stated in another thread, I have been surprised regarding BCH rallying to such a price, and more surprised that it has been relatively maintained since. In other words I was wrong....