Is Bitcoin Cash ABC (BCHA) dead?

[nutildah]

According to coin.dance, BCHA hasn't added a new block since block #661656, which is 227 blocks behind BCHN. It would appear BCHA is being traded on a number of exchanges, but all that can take place independent of BCHA's ability to add blocks to its chain.

The lack in block production is confirmed by checking a Bitcoin Cash ABC explorer:

https://blockchair.com/bitcoin-abc

The last block was found on 11/16, almost 24 hours ago! Before that it was adding blocks one every 3 to 10 hours. This is because its hash rate has been reduced to almost nothing, and it would appear it might soon be abandoned. That's my guess anyway. What do you think is going to happen with BCHA?

[andytherbg]

not looking good for bcha

amaury sechet will come back crawling on the bch team

[cryptomaniac_xxx]

[..]

The last block was found on 11/16, almost 24 hours ago! Before that it was adding blocks one every 3 to 10 hours. This is because its hash rate has been reduced to almost nothing, and it would appear it might soon be abandoned. That's my guess anyway. What do you think is going to happen with BCHA?

As far as I know there is a split, hard fork Nov 15.

Minority group led by Amaury Sechet wanted an upgrade to the Bitcoin Cash network Amuary Sechet: ‘Upgrade or Bitcoin Cash Is Destined for Irrelevance’

A Bitcoin Cash upgrade that would mandate all newly minted blocks donate 8% to development is threatening to drive a hard fork in November.

While on the other side of the fence, another group of Bitcoin Cash supporter opposed to this "Coinbase Rule", known as BCHN.

So in any case that miners wouldn't support Bitcoin Cash ABC (most likely) then yeah, in theory it would simply disappear as miners will move to BCHN making it the dominant blockchain. And even prior to the fork, 80% are signalling support to BCHN anyways: https://cash.coin.dance/nodes

[btc_angela]

The only way to salvage it for the people behind BCHA is to get some miners on their side. But it will take a lot of money as well as the consensus is on the other side, or at least they themselves used their money to buy gear to continue mining. But it is a futile effort, so probably it will spell doom and one day BCHA will be dead, just another relic, killed by their own bickering in their community.

[nutildah]

not looking good for bcha

amaury sechet will come back crawling on the bch team

I can't believe he truly though btax was gonna fly with anybody. It's almost like he decided to torpedo Bitcoin ABC on purpose. There was a dip in the price of BCH (which is most obviously BCHN now) yesterday, but it seems to have more or less "recovered" for the moment. Speaking of btax, that would be a good ticker for BCHA.

[Bitcoin-Pro]

we're used to get free coins every year for holding BCH.

i just sold my BCHA free coins, and got nice profits (~$2000) for free. thanks BCH for the forks it has.

[Smitty Werben Man Jensen]

it looks like BCHA is still in its identity, it's natural that BCHA prices are bad and below BCH because the risk is like this,
BCHA is not a pure project, they only have big names in BCH, so if you want to invest I don't recommend it.
BCHA is not dead, but it may die.

[Eddyc]

It's plausible information but it means two paths and we practically already know that in this case it would be total bankruptcy or great market adhesion. The question that remains is what will happen to the keepers and miners who spent their time mining the coin? Another point that we can analyze is the real reason for the segregation of blockchain in addition to political interests.

[piebeyb]

https://blockchair.com/bitcoin-abc/block/661657

but that adds another 1 block, I have never been interested in bitcoin cash or anything other than bitcoin, especially if it's about BSV or BCHA, I think that when they are left by many miners, the transaction will get stuck, people will of course leave this project, if i held it maybe i already threw it away

[nutildah]

Price of BCHA now up to $20, gaining 70% over the last 24 hours. This coin still has some life in it. For as much preparation and time Sechet committed into the new BCHA, he's not prepared to just abandon it all. Looks like BCHA will be coming into its own -- not sure who's going to use it, or for what, though.

[Jating]

Price of BCHA now up to $20, gaining 70% over the last 24 hours. This coin still has some life in it. For as much preparation and time Sechet committed into the new BCHA, he's not prepared to just abandon it all. Looks like BCHA will be coming into its own -- not sure who's going to use it, or for what, though.

Or just another pump and dump before eventually folding up, just trying to squeeze as much profit for some. And if in any case it didn't die a natural death, it will be just another coin clogging the crypto market with no use at all except to be taken advantage by trading signal group for their pump and dump scheme.

And for those investors, time to think about it, much better if you are going to sell off and move to the majority chain.

[icalical]

BCHABC (BCH) always has huge fans from the beginning of the BCH fork, compared to their nemesis BSV, that's why it won't be dead soon. They have a fair number of adoption and user, and I think some whale would still be willing to join the pump-and-dump of this coin and make some profit out of it. And as some people mentioned on the previous replies you can see even after another fork and there we have the BCHA, it still join the bullish trend of crypto gaining 70% price jump.

[.pacman.]

Which one does Holy Roger support?
https://youtu.be/OjMapgj-O0k?t=911

This one?
https://cash.coin.dance/

[.pacman.]

Speaking of btax, that would be a good ticker for BCHA.

Is BTAX trading anywhere?
Agree, on the nomenclature:

BTC
bcash
b-shitty-version
b-tax


edit: https://coinmarketcap.com/currencies/bitcoin-cash-abc-2/markets/
btax @ $20

[hulla]

not looking good for bcha

amaury sechet will come back crawling on the bch team

Things seems to be looking good for the BCHA coin cause it price was around $16 yesterday and now $20 but I think the major problem BCHA have bow is that Amaury and his teams are somehow slow in develop the necessary features needed for the project but theres chance that some miners may choose not to support the BCHA project due to the 8% issue.

[nutildah]

This is what TradingView thinks of BCH (formerly known as BCHN):



Meanwhile BTC is approaching all-time highs, and this outlook is not shared by BTC.

As for BCHA, its hanging in there at $18.73. I'm still surprised its not dead. It must be incredibly vulnerable to 51% attacks ATM. But at the same time, I'm impressed that Sechet is carrying it to full term birth instead of aborting it in the face of obvious rejection.

[masterrex]

we're used to get free coins every year for holding BCH.

i just sold my BCHA free coins, and got nice profits (~$2000) for free. thanks BCH for the forks it has.

Well, thats good for you mate, that was an awesome profit just for free, Sadly my BCHA on Binance has not active yet not tradable, and even not movable? I dont know what's going on with Binance?
Because it's almost three days already after the fork but the BCHA is not active yet. It is better to activate the withdrawal function now if it is possible so that those BCHA holders have any chances to liquidate the BCHA and send them to other exchanges that currently traded the forked coin.  

[SmartMiner.Pro]

Something completely unimaginable happened.
I keep my BCH on my Trezor wallet.
November 12, I sent coins to the Bitcoin ABC 0.22.5 wallet to get my BCHA coins.
November 15 Fork took place and on November 22 I sent my BCH coins back to Trezor.
I did not touch the BCHA coins.
Yesterday I installed a Bitcoin ABC 0.22.8 wallet (BCHA Network) and saw that my BCHA coins on December 2 were sent to the same address as on November 22 I sent my BCH coins back to Trezor.
I did not send them!
On Trezor, of course, they are not.
Someone can explain what happened?
I guess I will not be able to get BCHA anymore, because Trezor does not support them?

Here is my wallet: https://blockchair.com/search?q=qz5t86njxds9q7vucprdehlnxhslzylpls4qxkwd8u

[nutildah]

Something completely unimaginable happened.
I keep my BCH on my Trezor wallet.
November 12, I sent coins to the Bitcoin ABC 0.22.5 wallet to get my BCHA coins.
November 15 Fork took place and on November 22 I sent my BCH coins back to Trezor.
I did not touch the BCHA coins.
Yesterday I installed a Bitcoin ABC 0.22.8 wallet (BCHA Network) and saw that my BCHA coins on December 2 were sent to the same address as on November 22 I sent my BCH coins back to Trezor.
I did not send them!
On Trezor, of course, they are not.
Someone can explain what happened?
I guess I will not be able to get BCHA anymore, because Trezor does not support them?

Here is my wallet: https://blockchair.com/search?q=qz5t86njxds9q7vucprdehlnxhslzylpls4qxkwd8u

Dude. Look at your own screenshot: its telling you that you have 10 BCHA alongside your 10 BCHN. They are both governed by the same private key, which you will need to import to a BCHA-specific wallet, which can likely be downloaded from the Bitcoin ABC website. Trezor was one of the few companies to outright support BCHA and not offer support for BCHN, but apparently they came around on Nov. 16th and changed their software. You may have to update your Trezor if you haven't since then.

Basically, if you aren't exactly sure what you're doing you'll be taking on a lot of unnecessary risk for $150. I would just let it die to zero while holding out hope that it one day evolves into its own brand, and higher prices.

I'm still surprised its not dead. It must be incredibly vulnerable to 51% attacks ATM.

And 10 days later, BCHA was indeed 51% attacked:

https://decrypt.co/49819/bitcoin-cash-rebels-launch-51-attack-to-destroy-bch-hard-fork

[Kopetunto]

Too bad you still care about BCHA, I've always only cared about BTC, mate,
because Bitcoin is indeed an important project in the future to advance world technology for the better, and it's not part of BCHA,
we know BCH and BSV just a clone, so don't expect too much BCHA, let him die I prefer that.