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Author Topic: Now that BCH has more hashrate than Bitcoin SegWit....  (Read 540 times)
RawDog (OP)
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November 12, 2017, 08:59:02 AM
 #1


It is now correct and proper to call these as follows:

BCH = 'Bitcoin'
BTC = "SegWit Bitcoin"


Please adjust your usage accordingly.  Thank you.

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Pursuer
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November 12, 2017, 09:13:17 AM
 #2

LOL, what did you expect?
when you change what works, meaning the way bitcoin difficulty should really work, you get yourself something very broken. right now bitcoin cash is mining between 40-50 blocks per hour and that is 8.3 times more than what it should be. all these difficulty manipulation has led to BCH being nearly lots of blocks ahead of bitcoin, aka what it should have been under normal circumstances.

pretty soon bitcoin cash will reach the halving date. a date that is supposed to happen on June 2020!
and the block reward will turn from 12.5 BCH down to 6.25 BCH. and I would love to see how many miners will mine bitcoin cash by then with no fees and low price and block reward half what it should be! Grin

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November 12, 2017, 09:33:12 AM
 #3

LOL, what did you expect?
when you change what works, meaning the way bitcoin difficulty should really work, you get yourself something very broken. right now bitcoin cash is mining between 40-50 blocks per hour and that is 8.3 times more than what it should be. all these difficulty manipulation has led to BCH being nearly lots of blocks ahead of bitcoin, aka what it should have been under normal circumstances.

pretty soon bitcoin cash will reach the halving date. a date that is supposed to happen on June 2020!
and the block reward will turn from 12.5 BCH down to 6.25 BCH. and I would love to see how many miners will mine bitcoin cash by then with no fees and low price and block reward half what it should be! Grin


LOL, don't you know, segwitcoin will be dead before then.  Wink
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November 12, 2017, 09:45:37 AM
 #4

Today's market, BCH should be called BTC, which is really a crazy day for BCH. Directly reaching 1000 dollars, those who hold BCH in the past few days have already made more than 300% of profits, so the question is, should we buy BCH right now?
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November 12, 2017, 09:49:56 AM
 #5

Well, it's just a matter of time until hashrate jumps back again. Bitcoin has a more stable network but the instability in the BCash one along with its rising price and lowere difficulty make it more profitable.

DO NOTE THOUGH: An upcoming fork in BCash will change the instability in its network that allowed for more blocks per hour due to the rapidly moving hashrate. See here.

Things are about to change and profit taking from mines will litely set the price rally of BCash to a halt.

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November 12, 2017, 10:20:55 AM
 #6

Today's market, BCH should be called BTC, which is really a crazy day for BCH. Directly reaching 1000 dollars, those who hold BCH in the past few days have already made more than 300% of profits,

if we start calling each altcoin that gets pumped in a day or two as bitcoin then we will be calling a new altcoin bitcoin every day!
and it is not the first time an altcoin is pumped this much and it is not even in top 10 pumps! it is not even in the highest prices either! there are altcoins that are worth 10+ times more than bitcoin... but we don't call them bitcoin.

so the question is, should we buy BCH right now?

the answer is so obvious. no. you always buy before the pump or at least when the pump starts not midway or near the end. it would be coming late to a party, the cake is gone and the booze is finished now you come in and want to celebrate Cheesy

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November 12, 2017, 10:23:41 AM
 #7

Rawdog's avatar pic pretty much says it all....
penig
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November 12, 2017, 10:28:16 AM
 #8

Bitcoin can turn to trash, its still Bitcoin.  The "Bitcoin" name isn't a prize for the biggest SHA-256 crypto, if another comes to dominate you use that coins name. 
sic57005
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November 12, 2017, 10:28:30 AM
 #9

No way.

BTC in Bitcoin
while
BCH is Bitcoin CrasH since owning BCH now is like sitting on a box loaded full with TNT. Today it is 1500$ but next day it easily can be 150$ again.
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November 12, 2017, 10:47:40 AM
 #10

Oh my god! I love bitcoin cash!
I suddenly realized Im so in love with bitcoin cash!
Im so excited! I can't control myself!
I cant live without bitcoin cash, this feeling is so intense, Im in tears right now  Cry
I will convert everything to bitcoin cash, I will sell my house and I will buy a lot of bitcoin cash
I'm sorry but I can't even continue... Its so strong... I love you bitcoin cash!!!
xskl0
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November 12, 2017, 11:02:29 AM
 #11

Bitcoin Cash is oficially bitcoin and within a week will have a bigger market cap than Bitcoin Segwit.

Source: https://fork.lol/pow/hashrate


BTC post should be moved to "altcoins section"! Help reporting.

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
cryptorami
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November 12, 2017, 11:11:23 AM
 #12

This is a temporary phenomenon for BCH.
BCH is alt for ever.
tomahawk9
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November 12, 2017, 11:11:44 AM
 #13


It is now correct and proper to call these as follows:

BCH = 'Bitcoin'
BTC = "SegWit Bitcoin"


Please adjust your usage accordingly.  Thank you.
LOL the hashrate is temporary, BCH is more profitable to mine due to the attack from JihanWu/Woger Ver and co. on Bitcoin, not because ine one day altcoincash is suddenly the mother of all cryptos. This attack will last for a few days, it won't be long until altcash sees a correction, crashes and dissapears into oblivion..Whoever thinks Atlcoincash is going to replace a cryptocurrency that has 56% dominance in the market, then, they deserve what's coming to them.

.
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henkcryptotank
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November 12, 2017, 11:12:54 AM
 #14


It is now correct and proper to call these as follows:

BCH = 'Bitcoin'
BTC = "SegWit Bitcoin"


Please adjust your usage accordingly.  Thank you.

Could it be possible for me to come over, to catch your salty tears in a little yar? You know they are coming...
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