BCC/BCH (Bitcoin cash)

[illyiller]

BCC/BCH (Bitcoin cash), Sometimes its pumping and sometimes it dumping!!

Has it any official wallet?
and how will its future?

Nope, i think bitcoin cash will not have their official wallet (correct if i'm wrong).

I think the official wallet is "Bitcoin ABC" (aka Bitcoin Asic-Boost-Compatible). There is also a lightweight client based on Electrum called "Electron Cash."

I think it is a coin that is considered important by only miners and traders. I can't find any reason to invest in bitcoin cash long term.

It's basically sponsored by Bitmain, and to a lesser extent companies like Bitpay and investors like Roger Ver. It could have a future based purely on their ability to market and manipulate the markets, but it's anyone's guess what will happen in the long term. I will admit that Bitcoin Cash has already gone way further than I expected it to. I thought it would be dead on arrival.

[HardFireMiner]

Two months folks, and we will have equal BTC and BCH.

24 hours BTC was more profitable to be mined, now again BCH is more profitable, after 7 days my guess it will be twice as profitable to mine it and the miners will switch again to it, but this time, not only 44%, I suspect 70% to mine BCH in one week.

Meanwhile, the transaction fee and speed of our beloved BTC will only increase. Two month and the big pools(along with their merchants), will not only mine it, they will use it.

[khan149]

Actually when Bitcoin Cash pumping or dumping its very difficult to predict i think.But most of the time its pumping something if now BCH is dumping current value $658 in https://coinmarketcap.com 1.55% dumping still now and this coin keep MEW.

[pjwaffle]

  both of them have future... but bcc seem to be good than btc. miner like btc because high fee but they really need to think about future of coin..

[SL125]

Is there a safe BCH core wallet? There is no official wallet or is there?

[Malsetid]

I don't really see anything positive with this coin though i might be wrong in the long run. Bch for me will never be as successful as bitcoin or even etherium and i sold the bccs i received for free days after i got it. Well i got quite a good amount with that though.

[ulhaq]

At this time bitcoin cash miners can't find a block even if their life depended on it, it's been 4 hours since the last block and due to the shitty difficulty retarget bch has it will take years to readjust. I consider it a dead coin.

If the code was duplicated from bitcoin, why are there such problems with difficulty retargeting, and shouldn't it automatically correct within a few days, if not shorter?

[raiza]

BCC is official ticker for BItconnect.
People often mistake it as BCH.
We dont know why still BCH is termed as BCC even in their official site.

[Samarkand]

At this time bitcoin cash miners can't find a block even if their life depended on it, it's been 4 hours since the last block and due to the shitty difficulty retarget bch has it will take years to readjust. I consider it a dead coin.

If the code was duplicated from bitcoin, why are there such problems with difficulty retargeting, and shouldn't it automatically correct within a few days, if not shorter?

There isn´t a real problem with EDA (difficulty adjustment). The problem is that miners are able to take advantage of this mechanism.

1. Use their hashrate elsewhere
2. The difficulty adjustment is activated, which makes mining more profitable
3. Many miners switch to the now hugely profitable BCH chain
4. Due to the influx of hashrate the difficulty skyrockets
5. Miners switch and use their hashrate elsewhere
6. The difficulty adjustment is activated, which makes mining more profitable
...

This cycle will probably continue for quite some time as long as BCH price
is not too low.

But what can you really do, it was to be expected that most miners would always mine
the more profitable chain 

[musbeto]

I see quite a lot of people invest in it with big a money and quite a lot of people are attracted to invest in it.
 But i think it has no future because it form ponzi I do not have enough confidence.

[illyiller]

I don't really see anything positive with this coin though i might be wrong in the long run. Bch for me will never be as successful as bitcoin or even etherium and i sold the bccs i received for free days after i got it. Well i got quite a good amount with that though.

Well, it's not so different from Ethereum's centralized structure. Look at the split between ETH and ETC. Vitalik and the Foundation said they were hard forking to bail out the DAO, 99% of miners agreed, and so basically the entire ecosystem followed.

That's not as easy to sell for BTC, which is more decentralized and doesn't have a figurehead like Vitalik to prod the vast majority of users into action. Core might be in such a position, but clearly they won't push contentious consensus changes.

So the difference here is that the BTC mining cartel (mainly Bitmain) doesn't have the Core developers on their side.

[ulhaq]

Transaction fees for bitcoin cash are much lower than bitcoin:
https://bitinfocharts.com/comparison/transactionfees-btc-bch.html#3m

So this is a big advantage?

[illinest]

Is there a safe BCH core wallet? There is no official wallet or is there?

I think the official full node implementation is Bitcoin ABC: https://www.bitcoinabc.org/

There is also an Electrum clone called Electron Cash: www.electroncash.org/
And a web wallet from BTC.com: https://bcc-wallet.btc.com/

I'm not sure if BTC.com's wallet is a straight up web wallet, or if they are like blockchain.info, where they can't control your private keys.