Specific about BCH/BCC vs SegWit?

[viralz]

I checked that many thread discuss about it but not specific to current price jump.

I am wondering:
BCC/BCH has block of about 8MB and the proposed segwit will have about 2 MB,
8MB seems adequate (in almost all efficiency and faster confirmation - it is proven since first block with no problem).
does it mean that 8MB is better so the price is skyrocketing?

I mean: you need more block size BCC gives it to you.
I like to have another split and every coins are just going to the moon (especially BCC/BCH may visit Mars at that time).

[Coffee2015]

I check current chart and it seems looking for a solid ground now
(it may be considered as correction, when ll be the Korean Trading opened? I dont know why they like BCH very much)

[FlightyPouch]

I checked that many thread discuss about it but not specific to current price jump.

I am wondering:
BCC/BCH has block of about 8MB and the proposed segwit will have about 2 MB,
8MB seems adequate (in almost all efficiency and faster confirmation - it is proven since first block with no problem).
does it mean that 8MB is better so the price is skyrocketing?

I mean: you need more block size BCC gives it to you.
I like to have another split and every coins are just going to the moon (especially BCC/BCH may visit Mars at that time).

I don't think that is the only thing that supports BCC to make it's price skyrocket. There are other elements like maybe the way it is mined.

Some say that this new altcoin is so profitable when being mined so I think miners will be mining this digital currency.

[Rostchild]

People seems apreciate it (having good impression about BCH/BCC)
at least that peoples/they dont sell it and even it is jumping just right after its first block mined,
we think we know the direction???

It is just hardly to believe if really BCH aims to that direction LOL. Is it?

[viralz]

does it mean that 8MB is better so the price is skyrocketing?

I don't think that is the only thing that supports BCC to make it's price skyrocket. There are other elements like maybe the way it is mined.

Some say that this new altcoin is so profitable when being mined so I think miners will be mining this digital currency.
[/quote]

I think other guys also notice, at least not so many peoples sell it and it is even reaching its current higher (highest) price.
I am just thinking that people may not be ready for BTC Unlimited but they are ready for faster and bigger block,
I am just wondering we saw the price and we saw the trend,... is it true?
so is it also a way to his twin brother (BTC) direction or even higher?

I am so curios so I am launching this thread,... It would be nice to have other pairing in crypto land. It should also be better for us.

[Sadlife]

It will probably fall with a correction anytime soon the koreans thought it is the upgrade of btc that's why they've bought it other than there are no real big onvestors to invest their million into it so price is very unstable while bitcoin is a safw haven to invest all your assets for a long term investment. Some people says that the price is not to based upon but some other aspects like mining but this is all superficial cause this crypto currency is not even 1 year old. So it maybe faster to mine for now but sooner later it will slow down.

[nasibakar]

I was looking for the information of BTC price and BCC update,
it seems that BCC hashing will go higher up close to BTC mining competition and it makes sense.

Why does it make sense?
To be honest, accidentally the new (twin) brother of BTC has more capacity to include the confirmation (it is sort of better) and it has community and trust level equal to BTC.

I was wondering the volume is so high for BCC and at the same time BTC (price) seems getting lower (now) - it s having correction now while aiming higher,
I believe in the long run BTC would sky rocket (so BCC may go higher as ompetition is higher).
I am just wondering in the future (also for its price)

[FlightyPouch]

does it mean that 8MB is better so the price is skyrocketing?

I don't think that is the only thing that supports BCC to make it's price skyrocket. There are other elements like maybe the way it is mined.

Some say that this new altcoin is so profitable when being mined so I think miners will be mining this digital currency.

I think other guys also notice, at least not so many peoples sell it and it is even reaching its current higher (highest) price.
I am just thinking that people may not be ready for BTC Unlimited but they are ready for faster and bigger block,
I am just wondering we saw the price and we saw the trend,... is it true?
so is it also a way to his twin brother (BTC) direction or even higher?

I am so curios so I am launching this thread,... It would be nice to have other pairing in crypto land. It should also be better for us.

Well, many people just look at Bitcoin Cash as a stepping stone. Because there are a lot of people who just claim there Bitcoin Cash to convert it to Bitcoin, it is like a promo or a free coin out of the panic and the fork.

I think this is the truth, the whales are serious about this digital currency. Also, we can't say that it is a twin brother of bitcoin, we all know that it is an altcoin and not the real bitcoin's brother.

[squatter]

I was looking for the information of BTC price and BCC update,
it seems that BCC hashing will go higher up close to BTC mining competition and it makes sense.

Why does it make sense?
To be honest, accidentally the new (twin) brother of BTC has more capacity to include the confirmation (it is sort of better) and it has community and trust level equal to BTC.

Segwit will be active on the network soon, which will provide an immediate > 2x capacity increase. And the Lightning Network could provide much more potential capacity for cheap transactions than Bitcoin Cash. And it doesn't need to bloat the chain 8x to do that.

It doesn't have the same community; bitcoiners are bitcoiners. Bitcoin Cash folks are mostly just from the Bitcoin Unlimited camp. It's a very limited niche. The developers and community definitely don't enjoy the level of trust that, say, the Core developers do. Nobody even knows who the BCH developers really are...

[Herbert2020]

I am so curios so I am launching this thread,... It would be nice to have other pairing in crypto land. It should also be better for us.

no there is nothing nice about having "pairing crypto" or forks like this for something like bitcoin. if random people start doing what bitcoin cash did in the future we will be left with a lot of chains all doing nothing special and just dividing the mining power and reducing the main chain's strength and security eventually until they each die and all of that power come back to bitcoin.

[criz2fer]

I think BCC gives more higher transaction after the fork, thats why many traders mine BCC. I am also curios about it if it will skyrocket next month.

[thanhswp]

8MB is better for the future, but now is wasted

[RawDog]

8MB is better for the future, but now is wasted

lol.  'wasted' that is so funny.  Didn't you notice the the actual size of the blocks is still far less than 1MB?  When there are less transactions, they don't fill up a 'block' with an empty 7.9MB to cause it to be 8MB.  They just add the small block to the chain.  Nothing is 'wasted'.

[Iranus]

cash.coin.dance:  "The original chain has grown 2.51GB more than the Bitcoin Cash blockchain".

You are saying that 8MB blocks are resulting in faster confirmations.  However, BTC transactions would be confirming in the next block with low fees if the BTC chain was handling the same amount of transactions as the BCH chain.  You are talking about the max block size, when what matters is the block size that's being used.

Furthermore, SegWitx2 having "8MB blocks" is not quite the same as a base block size increase.  As Jimmy Song explains on Medium:

If there are no Segwit transactions in a block, this weight calculation collapses to size, but in the more general case of blocks with Segwit transactions, miner profit does not strictly increase with block size.

For this reason, miners are not incentivized to make a block the maximum possible block size. This is because after a certain point (2mb without segwit2x hard fork, 4mb with), miners have to remove transactions in order to make the block size go up as they’re likely already up against the block weight limit. That, of course, reduces fees and makes mining a larger block add cost for a miner.

In other words, you can expect miners to mine around 2MB blocks with Segwit only and 4MB blocks with Segwit and 2x hard fork.