Bitcoin Cash

[Anonymous No.2943759]

Can someone please explain what the fuck is going on with this piece of shit on Bittrex?

I bought $9000 worth last night @ $900 and now this piece of shit is in the $400 range.

The fuck is up with this coin, should be an easy 0.5BTC value.

[Anonymous No.2943765]

CHINK'D

[Anonymous No.2943772]

It's in a bubble because the bittrex wallet is locked, so the price if artificially high

if you want to see a more realistic price, look at HitBTC and ViaBTC who have wallets open.

[Anonymous No.2943773]

>>2943759
How many goddamn times do we have to tell you that this thing is going to be dumped to hell and never bought again?

Sell now for fuck's sake. This thing will literally be $100 in a few hours.

[Anonymous No.2943777]

>>2943759
looooooooool

[Anonymous No.2943780]

yeah i went all in because it should be 8x the value of brtc since it has 8x the blocksize

>there are retards that believe this

[Anonymous No.2943782]

right now BCC is practically worthless because its chain has a very high difficulty (BTC's difficulty), but a very small group of miners. This translates to hours between blocks, which translates to incredibly slow transactions.

This problem, however, is only temporary. Eventually after enough blocks are mined, the difficulty will adjust to however miners are actually mining BCC, and it will start functioning as a normal chain again. And it will 100% have faster transactions and lower fees compared to BTC.

Once it has its proper difficulty, I predict there will be a massive spike in its value. This is why I'm not in any rush to sell my BCC, like most people here on /biz/ (do the opposite of /biz/, remember). I don't recommend actually buying BCC, but keeping it I think is going to prove to be a very smart move in the long run.

[Anonymous No.2943786]

>>2943773
I can't. That's like a 5K loss. I'll wait it out through the week. They'd be losing money mining at this rate.

[Anonymous No.2943793]

>$900

you're either LARPing or mentally ill

[Anonymous No.2943796]

>>2943782
Thanks man

[Anonymous No.2943797]

>>2943773
100 times more than what was predicted yesterday. Tomorrow predictions will be 10000

[Anonymous No.2943807]

>>2943793
I am mentally ill.

Bipolar 2

[Anonymous No.2943814]

You really weren't the brightest kid growing up right? Always the kid following others? You joined the pokemon craze late? Were you the one who bought the most expensive cards right when the hype was dying with Daddy's money?

Seems like it pal.

Pack it up buddy, back to work wagie. You gotta work extra hard to make back that 4500 you just gave to me.

[Anonymous No.2943818]

>its another "OP tells everyone he lost money so we can laugh" episode

[Anonymous No.2943833]

>>2943818
>>2943814

My god you goys are brutal.

[Anonymous No.2943838]

>>2943818
>it's another larp episode

[Anonymous No.2943874]

>>2943838

Here, since you faggots seem to think I have business larping

[Anonymous No.2943882]

>>2943874
HAHAHAH this absolute FUCKING MADMAN.

[Anonymous No.2943887]

I truly don't understand why many of you sold this or are going to sell asap. I plan to hold onto it and wait for a potential rise, it's free money after all and if it won't indeed work out in the long term then fuck it. When it eventually rises, fuck you /biz/tards.

[Anonymous No.2943889]

>>2943882
I just want to be a whale bro

[Anonymous No.2943894]

>>2943874
you should be holder of BTC, and that's it. go long, and forget. trading isn't your game. i'm serious, don't blow your life up with this shit.

[Anonymous No.2943902]

>>2943874
Your're a fucking retard, enjoy your bags

[Anonymous No.2943914]

>>2943889
waiting for my ''free cash'' to arrive and fuck you in the ass

[Anonymous No.2943916]

>>2943786
What tells you that it will be mined ?

[Anonymous No.2943921]

>>2943874
What was your incentive for not simply holding the BTC beforehand and then getting BCC for free that way?

I genuinely want to know.

Also you and the guy who threw 3BTC into KIDS at 8 sats could become friends.
I hope to god you two aren't the same person,....right?

[Anonymous No.2943926]

>>2943874
always
do
opposite

[Anonymous No.2943939]

>>2943916
It won't be mined immediately until the difficulty comes down.

[Anonymous No.2943976]

>>2943921
I wasn't in BTC, I was in other alt's.

As for the KIDS investor, I'd like to meet him seems like he takes well-calculated risks.

[Anonymous No.2943977]

>>2943874

I hope those 9000$ were disposable income for you, because you went ahead and went 9k$ in something you do not understand, do not know, and if you had a little technical knowledge, you'd know that was a scam and a market manipulation.

I do not say this aggresively. I honestly cannot recommend anything that you should do. Maybe wait and see if it raises a little bit to ~600-650, and get out at -25% loss? There's absolutely NO point to hold, this scambubble will burst within the month.

Did you need these money for something else?

[Anonymous No.2943987]

>>2943921
Kids are cheaper than that in the philippines

[Anonymous No.2943992]

>>2943874
it makes me rage so HARD to see retards wasting their money like this because I'm an absolute poorfag with a $500 portfolio

[Anonymous No.2944000]

>>2943759
Now you pray hard to Allah that Jihad Wu and friends win this BCC / BTC war so you can at least break even by end of year.

[Anonymous No.2944079]

>>2943992
Why you don't you get up off your ass and create something.

This is a little more than mildly irritating to me. I run businesses, unafraid to take risks.

So sit there and rage and create nothing of value all you want.

[Anonymous No.2944087]

>>2944079
I hope you don't run your business like your crypto investments lol

[Anonymous No.2944091]

>>2943977
Relax. I know exactly what I'm doing. Just expected to buy a new mining rig with the gains.

[Anonymous No.2944099]

>>2944087
Well obviously something goes right enough for me to be able to do such investments—so not sure what you are trying to get at.

[Anonymous No.2944100]

>>2944079
>I run businesses

So, you resell products your workers produce, and pocket the surplus value?

You are truly a productive member of society.

[Anonymous No.2944101]

>>2943759
>I bought $9000 worth last night @ $900
i hope you are shitposting

[Anonymous No.2944105]

>>2943992
Lol you'll fit in nicely at blockstream

[Anonymous No.2944106]

>>2943874
dude

seriously, cut your losses and get out. it's going to keep going down.

[Anonymous No.2944109]

>>2943759
>The fuck is up with this coin, should be an easy 0.5BTC value.
did you throw a dart and that's where it landed?

What could possibly be your rational? Why do you think the price was able to go up so thinly? What do you think will happen when people are able to move BCC from wallets to exchanges?

[Anonymous No.2944110]

>>2944091
Good work then, you didn't lose anything you couldn't afford to lose

[Anonymous No.2944118]

>>2944106
Nah, no weak hands here man.

[Anonymous No.2944130]

>>2944109
You know, I thought about that, but there's something much deeper at play. Bigly.

[Anonymous No.2944165]

>>2944118
Just sell half for some BTC
It is going up right now which means BCC is going down
And with the insane increase that it had, it's not going back up anytime soon
(unless I do what I'm suggesting you ... with my luck, BCC would go to the moon and I'll be fucked once more)

[Anonymous No.2944178]

>>2944165
I think I'm betting on that for now.

[Anonymous No.2944190]

The wallets are OPEN....moment of truth....

[Anonymous No.2944212]

lol what an idiot

[Anonymous No.2945177]

>>2943773

Fucking /biz/ kept saying this bullshit and for how much did you sell because dumping too soon?

OP, don't sell at the lowest. Another moon is coming and the dumpers are going to cry again.

[Anonymous No.2945194]

>>2943759
LOL

[Anonymous No.2945347]

>>2945177

>Hundreds of thousands of BCC finally moving to exchanges
>another moon is coming

[Moon Man !MoonManSDw No.2945576]

Mining difficulty is now ~26% of BTC, which means BCH can never be worth more than 0.26 without a dramatic increase in hashpower on the BCH network. Since we're mining fast enough, this difficulty will stay for ~7 weeks until we get a normal retarget (2016 blocks), which means that the price will stay below or at ~0.26 unless hash power takes a dramatic shift. If it DOES take a dramatic shift, we're going to see some hilarious yo-yoing and this might kill both coins. Since there are certain agreements made as part of the NYA originally, this is unlikely to happen.

[Anonymous No.2945589]

>>2945177
>don't sell at the lowest
>the coins always go back up
>What is POSW
>What is Minereum
>What is Mooncoin

Bitcoin Cash is literally going to be a DEAD COIN.

[Anonymous No.2945611]

>>2945347
well it would move into the exchange if anyone would mine it , there is like one block every few hours and at 20 confs needed , its a long ass wait

[Anonymous No.2945637]

>>2945347

How many thousand of BCC were on Bittrex when they started the BTC/BCC market? What happened?

Yeah, you dumped because /biz/ told you so, and now you're crying.

[Anonymous No.2945657]

>>2943874
What the actual fuck dude what were you thinking

[Anonymous No.2945681]

>>2943874
A lot of people on this board are super mean anon. Here is some advice if I were you.

If this is your first rodeo, before you make another investment like this, I suggest you take the time to research the markets and crypto more. Brush up on the market by reading as many articles as possible from reputable sources. If you are really interested in crypto, every day when you wake up, read the news on what is going on in the industry, and stay up to date on it.

Now onto your BCC. Unless you are desperate for the money because you need liquidity, the best advice I can give you is to hold. If you sell now, you will be at a significant loss. Ride it out until the next wave, and when it peaks again, get out fast.

Always check bittrex 24/7 so you are ready for when it happens, because crypto moves really fast. You will need to be by your computer to execute when it is economically advantageous for you to do so.

[Anonymous No.2945714]

>>2945637

I fucked up, could have done much better I guess

[Anonymous No.2945726]

>>2945589
DELET THIS

[Anonymous No.2945731]

>>2945657
Just having some fun with bags. I'll be the one who last laughs.

[Anonymous No.2945746]

>>2945681
Thanks for the compassion but I'm just nutsy and a risk taker. I blame the abilify.

[Anonymous No.2945762]

>>2945731
Pic related: you in a week when BCC is below $100

[Anonymous No.2945803]

>>2945762
Weren't you this way for the entire month? Gtfo faggot

[Anonymous No.2945818]

>>2945803
Don't worry friend, I'll share some of my demented wojaks, you'll be needing them very soon :^)

[Anonymous No.2945904]

>>2945803
still laughing btw

[Anonymous No.2945907]

>>2945576
This guy sounds like he knows what he is saying

[Anonymous No.2946453]

>>2943759
Are you kidding me ? I sold this shit at 300usd

[Anonymous No.2946607]

Whats the average transaction time for BCC at the moment?

[Anonymous No.2946768]

>>2946607
4 hours

[Anonymous No.2946802]

Someone not retarded would have sunk that money into btc before the fork. Assuming youve been in this for more than 1 week, that is.

[Anonymous No.2946809]

>>2945681
Or just place a sell order at the acceptable % of loss youre ok with and not watch it 24/7

[Anonymous No.2946824]

>>2943759
Just Hodl the bags for a whole year anon.
Maybe it'll go up with all the exchange support

[Anonymous No.2946861]

>>2943759
$30-50 range soon

[Anonymous No.2946886]

You might as well hol for the long term, bud.

I've made around 20,000 in cryptos in the last year by buying only stable coins and holding.

Bitcoin Cash isn't going anywhere. A new coin goes through crazy price swings, who knew?

Coinbase is going to be adding it. Hold motherfucker.

[Anonymous No.2946897]

>>2946768
4 hours, huh?

[Anonymous No.2946910]

Down she goes

[Moon Man !MoonManSDw No.2946948]

>>2946897
Yes, 4 hours.

This is gonna continue for many weeks unless the hashpower is greatly increased. Variance is a bitch.

[Anonymous No.2946952]

Buying the shit out of BCH at $1

[Anonymous No.2946953]

Buying BCC at $900 is about as mentally retarded as you can get, how the fuck did you obtain 9k in the first place?

[Anonymous No.2946955]

>>2946948
The question was about the current average, not "the longest possible recent interval".

[Anonymous No.2946960]

>>2946952
They should rename BCC to Pheonix because it's gonna rise from the ashes.

[americlap No.2946966]

>>2946948

I am trying to call the bottom, I don't think its .17, but the price you show would be awesome to buy at right now as its $483 on bittrex

[Anonymous No.2946967]

>>2946966
Nice! Just bought 10k

[Anonymous No.2946976]

>>2943874
holy shit what the actual fuck is wrong with you

[Moon Man !MoonManSDw No.2946977]

>>2946955
The current average is over an hour since the difficulty swap, and is likely to remain that way for 2016 total blocks if hash power doesn't change.

[Anonymous No.2947002]

>>2943874
keks why the fuck did you buy this shitcoin? bcc is a "sell-only" crypto m8

[Anonymous No.2947023]

>>2944100
SEIZE THE MEANS OF PRODUCTION

[Anonymous No.2947066]

People said BTC was in a bubble when it was at $200. I bet those retards all killed themselves by now. Just hodl for awhile.

But if you spent your rent money or something on it you're seriously retarded.

[Anonymous No.2947096]

Buying bcc before everyone was able to sell...

you idiot

[Anonymous No.2947109]

>>2943782
Transactions won't be faster, block are just bigger, and there's no segwit. There's literally no scaling options from here on out on bitcoin cash. If the blocks ever get filled all they can do is create bigger blocks.

[Anonymous No.2947130]

>>2945576
BCH and BTC will not be the same coin, so I fail to see how hash power is the only differentiating factor between their prices. If more people/businesses choose to use BCH and ascribe it more value, then it will go up in price.

[Moon Man !MoonManSDw No.2947168]

>>2947130
Hashpower will increase with it, but right now it can't because of the NYA essentially governing the majority of the hashpower, keeping the coin in check.

[Anonymous No.2947208]

>>2943782
Are you saying that mining difficulty is based on how many active miners there are? Because that's bullshit, difficulty is based on how many coins have been mined.

[Moon Man !MoonManSDw No.2947212]

>>2947208
No it isn't. That's block reward, not mining difficulty. At least for Bitcoin and most other coins.

[Moon Man !MoonManSDw No.2947217]

>>2947208
>>2947212
and it's not active miners, but active mining hashrate.

[Anonymous No.2947226]

>>2947208
Oh wait I was wrong

[Anonymous No.2947231]

>>2947168
As i understand it your argument is that the miners can't break the nya agreement or else they will be taken to court. Is that it? Couldnt they make the case that core has already broken it by posting their intent clearly by saying we will update to 2mb "when hell freezes over"?

[Moon Man !MoonManSDw No.2947240]

>>2947231
It's not legally binding, it's just that all the major players have basically came to a certain consensus. It would ruin them politically, so it is essentially binding in that they'd have no more business in BTC if they were to defect. Some people disagree and that the agreement is all hot air and smoke and mirrors, but I disagree, and if BCH continues with the current hashrate and no major fluctuations in BTC hashrate it means NYA is working as intended in keeping them in check.

When did core say that? Aside from a few specific people, AFAIK Core fully plans to merge 2x on schedule.

[Anonymous No.2947242]

>>2947217
This. Difficulty will adjust such that the available power will hash blocks at regular intervals. The price can dictate this, as it will become profitable or not profitable to mine as it changes

[Anonymous No.2947401]

>>2947240
https://www.reddit.com/r/Bitcoin/comments/6okd1n/bip91_lock_in_is_guaranteed_as_of_block_476768/

ctrl+f "hell freezing over". nullc is gregory maxwell. it's pretty clear what his intent is even through his forked tongue.

btw. what do you mean by "ruin them politically"?

[Anonymous No.2947430]

gimme sum bcc

1eNV8eGYeNUA7U22dH4tGcL9L4qL7Wi4x

[Anonymous No.2947437]

Literally everyone was telling you to not buy it

[Anonymous No.2947444]

>>2943759
>I bought $9000 worth last night @ $900 and now this piece of shit is in the $400 range.
Can we stop making these threads where we LARP as literal retards? They are just wasting our time.

[Moon Man !MoonManSDw No.2947459]

>>2947401
oh boy I can't wait to see how this one plays out.

Politically I mean NYA was created as a compromise and if one party reneges on the agreement big blockers will fuck off the main net and go back to BCH (they only promised not to BECAUSE of 2x), and then there will be real trouble. BCH itself is basically a pawn in the scaling debate. No 2x means no trust in core and then there will be a real battle of SegWit vs BCH by competing miners.

Then there's the possibility of a third fork of people that does implement SegWit2x entirely.

Jesus this is gonna be a fucking shitshow if the 2x part of NYA is bailed on.

[Anonymous No.2947562]

>>2947459

I don't like this. Too much uncertainty and hassle around bitcoin lately.

[Anonymous No.2947598]

>>2947109
the blocksize is automatically adjusted

[Anonymous No.2947617]

Why is this shit not dropping?!

[Anonymous No.2947632]

>>2947617

Because we must wait 20 confirmations to dump

Also

13/20 reporting in

Oh boy im literally shaking

[Anonymous No.2947661]

>>2947632
>13/20 reporting in

How soon should we wait before the beckoning reckoning wreckoning?

[Anonymous No.2947680]

>>2943874
show the transaction history. I cant believe you bought that shitcoin. Most likely it's your free bch from the fork

[Anonymous No.2947687]

>>2947459
Well, then it seems to me that the miners not mining because of the nya can mine bch in good conscience. Ofc it would be spun on /r/bitcoin and perhaps theyll even delete the post(if so i have a backup). I wonder why they don't mine though, don't they know?

[Anonymous No.2947697]

>>2947617
>not dropping

[Anonymous No.2947698]

>>2947680
I sold. Took the losses. Things aren't happening fast enough.

Oh well.

[Anonymous No.2947712]

>>2947697

It did drop from the fuckin ATH you fuckin dolt. But it didn't DROP when the wallets on Bittrex opened. And it had, and still has, insane volume.

I will now press S to spit in your stupid face.

S

[Anonymous No.2947718]

>>2947632
you could have dumped on viabtc in the start, hitbtc for a long while, cryptopia for a long time, bitflyer i think, the dudes on bittrex, bitfinex, etc that wanted to dump has already done it...

[Anonymous No.2947729]

>>2947459
Nigger just stop, you already got BTFO in the other thread. Your shit's all retarded and you should stop astroturfing with your little friends paid by Jihan

[Anonymous No.2947732]

>>2947698
Coinbase will start selling them in 4 months. You could have profited then but I guess that wait is too long.

[Anonymous No.2947733]

>>2947712
Because it is not instant to transfer to the wallet, a lot of BCC in limbo right now and that is obviously headed to the exchange for the purposes of dump. There WILL be a massive drop, it's only a question of what comes after that.

[Anonymous No.2947736]

>>2947732
Well the thing is that I didn't actually have BTC originally at the time of the fork.

Those are Coinbase's 'rules.'

[Anonymous No.2947764]

>>2947698
proof or consequences

you lost $4.5k?

[Anonymous No.2947805]

>>2947764
I lost 4.5K

It happens. It was hovering a bit over 4.9 before I decided to snag my money back.

I don't see any news articles written so honestly, it was a wild gamble. No new mining rig for me :/

Time to make it back in other coins.

[Anonymous No.2947850]

>>2947712
-46.0%

[Anonymous No.2947853]

>>2947850

You're su fucking dumb.

[Anonymous No.2947875]

>>2947853
Wrong.

Last price tanking.

Volume tanking.

I'll keep you updated.

[Anonymous No.2947879]

>>2947853
>denial

[Anonymous No.2947897]

>>2947875

READ YOU FUCKIN FAGGOT I WAS REFERRING TO FUCKIN LAST FEW HOURS SINCE THE WALLETS WERE ENABLED YOU FUCKIN DEGEN.

[Anonymous No.2947909]

How the hell do I buy this shit with USD

[Anonymous No.2947914]

Polo just added they're adding it 8/14!

[Anonymous No.2947918]

>>2947909
changelly

[Anonymous No.2947920]

>>2947909
bittrex yo

[Anonymous No.2947967]

>>2947897
Wrong again.

Everything still tanking as usual.

I'll keep you updated.

[Anonymous No.2947975]

>>2943759
Only a nigger would buy a coin you get for free. Its a chinese scam btw. Rich people unloading tons of it. Wreck all the chinks. Bitcoin forever.

[Anonymous No.2947979]

>>2947967

You're such an insufferable dumb faggot I swear. Fuck you, die.

[Anonymous No.2948021]

BCH will take over BTC's place. Screencap this.

[Anonymous No.2948037]

>>2948021
How long until this happens?

[Anonymous No.2948058]

>>2948037
never

[Anonymous No.2948077]

>>2947698
lmao I just bought 30 btc of bcc this shit has at least one more pump left in when the Chinese wake up

[Anonymous No.2948090]

update on how many blocks left pls

[Anonymous No.2948115]

>>2948077
>just bought 30 btc

ro-roh...

Anon, I....

[Anonymous No.2948119]

>>2943786
soon it'll be an $8000 loss, great buy!

[americlap No.2948141]

WHATS THE BOTTOM????

.16???? should i buy now? the -45% just feels like a prelude to pumping. I have 20 ether I am trying to find a home for

[Anonymous No.2948148]

Mempool spam for Bitcoin has begun again https://jochen-hoenicke.de/queue/#24h

BCC will be pumped until SegWit is deployed, then begin its descent into irrelevancy.

[americlap No.2948150]

>>2948090

2016 until it gets slightly easier and because of some collusion, no hash power increase.

[Anonymous No.2948157]

>>2948141
buy now

it wont drop lower than .15

[Anonymous No.2948163]

>>2948148
>Mempool spam for Bitcoin has begun again

Can you teach us the illiterate noobs what this means in laymen lingo? Pls anon.

[Anonymous No.2948166]

so you guys are telling me to buy?

[Anonymous No.2948169]

>>2943782
there are already a billion shitcoins with faster transactions and lower fees than BTC

BCC is a 1 sat bottom barrel level shitcoin

[Anonymous No.2948207]

>>2948163
An entity has been spamming the Bitcoin network for months with low-fee transactions to artificially inflate the transaction fees and create a narrative that Bitcoin is broken and that we /need/ a scaling solution /now/.

There are multiple reasons why this might have occurred, but it's almost certainly a power grab by miners since it began around the time Bitcoin Unlimited was being talked about, and larger blocks leads to miner/node centralization due to bandwidth / latency / storage requirements. Bitcoin Cash is the latest version of this same idea, and with SegWit right around the corner, BCC is a timebomb fueled by greed.

The next iteration of this scam will be Segwit2x if miners try a hard fork.

[Anonymous No.2948230]

>>2948119
I've since pulled out. Shit was getting ridiculous.

[Anonymous No.2948241]

>>2948207

THANKS for once I can say I've read something useful and insightful in this cesspool.

Hope I find a way to profit a lil bit from this gigantic shitshow powergrab.

Also Imma be honest, for some reason I root for chinks, Jihan & co. because they seem like some Chow Fat characters from Woo movies hellbent on conquering the coinu hahahah.

I can only imagine how their sweatshop mining facilities look like.

Probably gooks calculating hash by hand.

[Anonymous No.2948243]

>>2948115

I accumulated cheap and am transferring to bittrex. its like a guaranteed 20BTC profit lmao !

[Anonymous No.2948256]

>>2947979
Wrong.

-52.3%

[Anonymous No.2948281]

>>2948243
Where?

[Moon Man !MoonManSDw No.2948445]

>>2947729
not an argument

[Anonymous No.2948504]

>>2948241
>Hope I find a way to profit a lil bit from this gigantic shitshow powergrab.

As SegWit has almost full industry support, one of the main coins I will be looking towards will be LTC as the Lightning Network enables LTC<->BTC tx with no intermediary. If SW2x does not fork, LTC will continue with its "BTC testnet" reputation, but it may receive a small bump as a result of LN hype.

If BTC forks again with SegWit2x, it will likely hinder mainstream adoption and long-term investment. BCH has no support, but GBTC's & Gemini's stance on SW2x will be critical as they will be providing access to BTC to the biggest of big money with options/futures trading in the US.

https://www.cnbc.com/2017/07/24/you-may-soon-be-able-to-trade-options-on-bitcoin-ethereum.html
https://www.cnbc.com/amp/2017/08/02/cboe-bitcoin-futures-winklevoss-brothers-digital-currency-exchange.html

[Anonymous No.2948535]

What about actual BTC? this thing was supposed to crash why does it keep increasing i want to buy back in

[Anonymous No.2948550]

>>2943921
you mean 9k sats right? in the very least if you're spending 3 BTC its not for something as rocky as only 9 sats that's not a madman that's the guy who goes to vegas and immediately puts his entire budget on the first go of roulette

[Anonymous No.2948565]

>>2948550
meh.

[Anonymous No.2948572]

>>2948207
when is segwit supposed to activate?

[Anonymous No.2948580]

>>2948572
August 9th, after the current lock-in period has ended.

https://www.xbt.eu/

[Anonymous No.2948586]

>>2943759
If you honestly did that without looking into the coin then you're soo stupid. The block chains literally wasn't even functioning. It had a 12 hour delay between 1 block. No ones mining it, its dead. They mine it just enough to stop the 20% easier mining from kicking in just to fuck with it.

[Anonymous No.2948587]

>>2948580
and what do you expect to happen upon ACTIVATION?

[Anonymous No.2948592]

>>2948586
Relax kid.

[Anonymous No.2948610]

>>2948592
Just letting ya know

[Anonymous No.2948620]

>>2943759
>>2943786
>>2948230
are you gonna be alright m8 that was a pretty big fuck up you just did right there

bch will surpass btc by december

[Anonymous No.2948625]

>>2948587
SegWit will be enabled. More transactions can be processed. Transaction spam is less effective. Price can go further up as more consumer adoption occurs and more faith is given to the platform.

Afterwards, we move onto Schnorr signatures to further reduce the transaction size if SegWit2x hasn't bungled everything up.

[Anonymous No.2948636]

>>2948620
Oh I'm good my dude, thanks. Kinda bummed out, but there's always money to be made in the markets.

[Anonymous No.2948651]

>>2948625
right. do you expect the price to go up dramatically on the 9th? movement back into alts? right now seems anticlimactic.

[Anonymous No.2948653]

>>2948077
Yes, but only to dump on you, fag

[Anonymous No.2948661]

>>2948169
This guy gets it.

[Anonymous No.2948675]

>>2948651
No, I think 3k~3.5k is the peak for BTC for this year, outside of a weird hype cycle like we saw in May/June.

Personally, I think this bubble is only getting started, and if there is no further miner drama, 2018 is when I'd expect a steady rise to 5k+.

[Anonymous No.2948739]

>>2948675
thanks man. when do you think money will flow back into alts?

[Anonymous No.2948840]

>>2948739
For BTC clones: LTC is in a position where it may absorb some of BTC's value due to SegWit activation. See >>2948504

For smart contracts: Ethereum is currently still the best option, although Tezos does look interesting. I'm not knowledgable enough to weigh the pros/cons of them properly, but Ethereum's centralized development team and focus on non-currency applications means it is no Bitcoin.

Eth has the advantage for the platform due to its age, but the lack of vocal support by Ethereum Foundation members for using the public chain to confirm their private transactions makes it a gamble. All the ICOs have been using boilerplate contracts which means that another DAO is always around the corner as Solidity's vulnerabilities haven't been fully explored.

There is also threat of government interference as the SEC has recently released an advisory that the DAO was an unregistered security. This stifles the main hype train (ICOs) for US investors.

Eth has stabilized @ 0.07 BTC:ETH, and I don't think that will change until Metropolis is released. It's still very early on, but people want it to be the "next bitcoin" and it may very well be.

For Anonymous coins: Monero currently holds the title as the most effective Anon coin. ZEC is centralized which is a threat to its own goals.

JP Morgan's Quorum wants to integrate ZCash's zero-knowledge proofs into Ethereum, which will likely give it a boost. Bitcoin's SegWit will also be a boon for anonymity as less data is stored on-chain, which will eat away at Monero's/ZEC's value.

I don't consider any anonymity-focused coins to be long-term holds.

--

Marketplaces like BitBay have some potential; A decentralized, anonymous exchange is a wet dream for the darknet markets. The current implementations are not good enough though.

I haven't seen much else which I wouldn't consider a gimmicky scam or P&D. Most of the time, it's the same ideas which a web server can provide, but "on the blockchain".

[Anonymous No.2948899]

>>2948840
Forgot, but the other topic I'd be interested in is decentralized data storage.

SIA is my bet, as its team seems the least likely to implode. They tackle some extremely hard problems which this thread may give you more insight to: >>/biz/thread/2648442

StorJ is, again, centralized although it has a nice marketing team. I'm unsure on Filecoin, but from what I've read, it's not something I'd consider for long-term.

SIA's overvalued as it doesn't have much of a real use-case atm, but within the next 2-3 years, it has real potential for enterprise-grade storage.

[Anonymous No.2948980]

>>2948899
>>2948840
>>2948675
>>2948625
>>2948580
Thank you based Anon for clearing all of the misinformation and propaganda from both BTC and BCC shills.

If you have a btc address I'll tip ya

Based Anon

[Anonymous No.2949019]

>>2948980
I agree with this also, very informative thread.

But I won't tip ya.

[Anonymous No.2949042]

>>2948980
Except he's significantly biased towards the BTC chain with Segwit.

[Anonymous No.2949098]

>>2949042
You're right, I am. The cons of bigger blocks are significant and lead to a centralized ecosystem. This harms the overall health of crypto.

SegWit, sidechains, and tx size reductions via Schnorr all accomplish the same thing as "bigger blocks" through optimization, rather than brute forcing it with more resources.

After all those avenues have been exhausted is when bigger blocks are necessary.

[Anonymous No.2949867]

>>2948535
because bcc is so insignificant it isnt even denting the btc market.

[Anonymous No.2949880]

>>2943759
>I bought $9000 worth last night @ $900 and now this piece of shit is in the $400 range.
Post proof.

[Anonymous No.2949886]

>>2949098
bigger block were neccessary many years ago you dimwit. and your propagandized solutions will be no solution.

[Anonymous No.2949990]

>>2949098
Blockstream makes money from it you cuck

[Anonymous No.2949998]

It's called Jihad coin because people holding it end up suiciding.

[Anonymous No.2950191]

The difficulty is based on BTC's, and will be scaled accordingly after a while.
It's completely normal for BCC to be stalling now, since its blockchain has the difficulty of BTC, while having a fraction of the mining power.

As soon as the difficulty adjusts, BCC is going to go up. I don't mean MOON MOON MOON like a retard, just that there's going to be a boost fueled by "Ohey, it works, I should get on this before other people get in on the possible hype!"

[Anonymous No.2950247]

>>2949880
Read the thread faggot. It's in here

[Anonymous No.2950286]

>>2943874

[chaim No.2950329]

BTC Core fucked up so massively there's more than real chance for it to flip with Cash - who will pay $7 fee when he can pay $0.07?

[Anonymous No.2950935]

OP - if you need that money soon, suck it up and sell for a loss. If you don't mind waiting a while, there's a decent chance BCH could have another nice pump (not sure it i'll make it as high as your cost basis but this is crypto so no one really knows).

[Anonymous No.2950992]

>>2949886
I don't care about the opinions of the technically inept.

>>2949990
If you're too stupid to recognize that full nodes need an economic incentive to run and that node count has been dropping as a result of it being from charity, then your opinions are irrelevant too.

But hey, don't take my word for it, let's see what Jihan Wu has to say:
https://www.youtube.com/watch?v=Qj5mN0E-sZA&feature=youtu.be&t=1535

>"Most of the crypto currencies right now have an inflation, bitcoin have an inflation right? It's the block reward. Ethererum have an inflation. Almost all crypto currency have an inflation.
Inflation is some new token were generated and injected into the circulation of the economy without any reasons, just designed by so, to provide economic incentives, or to because we need some tokens in circulation.

>For proof of work chain in the past, all inflation income belongs to miners. But we have seen that right now a few such kind of blockchain start to share the inflation with miners and the coin holders for some reasons. For example, one competing chain shares it because the holders set up full node and the full node provides some kind of [unintelligible] and fungability service for the community. I think this is quite interesting.

>Basically right now, ethererum start to build pow/pos hybrid system. This kind of system if you [unintelligible] if you look through the saying. Basically this miners and coin holders are sharing the inflation revenue together.

>I don't know how bitcoin can do that, if we do it a simple way maybe we can do some kind of soft fork do it, but I really don't know how to do it exactly the best way. But this is something emerging, its new, I do believe its good."

[Anonymous No.2951038]

>>2943759

yet the usual daily samefag claiming he lost five grands 12 hrs ago.

everyfuckingday at every fucking hour there's a copypasta thread like this.

[Anonymous No.2951042]

>>2943782
Really don't understand people hodling.

Let's say you have x amount of shitcoin and you see the price drops, you have few choices:

-sell at acceptable loss (meaning convert into fiat or some other more stable shitcoin)

pros: you prepared for the loss, didn't get caught off guard, you still have something to play around with
cons: if you do this all the time, you get eaten up by fees, conversion rates and just bleed slowly while learning nothing from your impatience.

-hodl
pros: good if you don't actually care about your whole investment and good if the market is panicking and acting all irrational. Also you save on various fees and there is way less micromanagement.
cons: shitcoin never recovers or it stays low for longer than you can afford to wait (especially bad if you care about your investment).

What seems to make people lean towards hodling is the attempt to avoid looking stupid by selling at a lower price than buying same coin later at higher price. In my opinion, it's because people fixate attention at a number and don't understand underlying price trend. If I bought some btc today at 2,7k usd, I'll put up a red line at say 2,5k usd and sell it if it goes there, losing 200 usd. But then I might buy it a month from now at 3k if I expect it to go to 3,5k or higher.

Or think of it this way. If you have the coin and you know the price is gonna go up, wouldn't you want to have more of it? This likely means you will have to add more to your portfolio at a price higher than what you bought before. So it's only logical to want to have less of the coin that's going down.

tldr: hodl is a meme

[Anonymous No.2951052]

WTF it took so long to confirm my BCC and the price plummeted i just lost over 10BTC trying to arbitrage which was guaranteed. Any chance it will pump one more time????

[Anonymous No.2951063]

>>2951052
>guaranteed
>brainlet
I have never touched a coin in my life, and even i knew that the amount of confirmations required to get onto bittex was going to be a wait that could destroy you. Look how long it took to mine some of those bocks. How did you expect to hop right over when you need 20 confirms?

[Anonymous No.2951106]

>>2951052
You should have sold on ViaBTC (1 confirmation), not on Bittrex. I now this because i have made 1BTC yesterday by arbitraging.
Now that was an expensive lesson for you.

[Anonymous No.2951123]

>>2951042
>What seems to make people lean towards hodling is the attempt to avoid looking stupid by selling at a lower price than buying same coin later at higher price. In my opinion, it's because people fixate attention at a number and don't understand underlying price trend.

While it's better to try to acquire more assets by liquidating at good times, not a lot of people have the skills to do so. You're right though sempai; holding is a meme sourced from Bitcoin's meteoric rise. It has been the only strategy with a guaranteed return because BTC has a competent team, innovation, brand power, and is highly desirable thanks to its finite nature.

While rising tides raise all ships, sometimes coins really do just fail. Moonkids can't recognize a shitcoin if it slapped them in the face thanks to greed.

>>2951052
If you haven't already dumped, the next chance will be just prior to August 8th. Catch that knife or may your gains rip in peace, pink wojak.

[Anonymous No.2951137]

>>2943759
Just buy more and fuck these retards.

[Anonymous No.2951149]

Man look at this price now. Wooooeee

[Anonymous No.2951259]

I've been following this tiny coin on Yobit for a months now called: ARE. Its mroe then promising

I bought it at *many zero* 4 where as it is at 9 now untuched by the BTC drama. So yeah check it out i for one more then doubled my investment in couple of months - i know, i know that's nothing for yome of you daytraders, but i am not one of you. GL

[Anonymous No.2951280]

>>2943874
I'm sorry

[Anonymous No.2951304]

>>2951149
>BCC forks off BTC
>People recognize it as an opportunity to acquire more BTC
>Everyone dumps it immediately, BTC price shoots up
>Literally nobody will buy it except for forum trolls who have been radicalized by FUD

What were you expecting?

Good news is that it's likely to push BTC above 3k at this rate. Afterwards you can swing trade your BTC, as it's doubtful it's going to stabilize there.

[Anonymous No.2951372]

I just need to dump 5k into a moon. Then I can get my rig later