>People are paying $1,000 for a coin with no functioning blockchain

>>2934559
Never underestimate peoples stupidity.

>>2934559
>doubting satoshi's original vision
>believing the lies and censorship of r/bitcoin spread throughout the internet

BCH is the original coin, this is the original scaling plan. Not some shit ass retard settlement network. A peer to peer CASH network. NOT ufkcing digital gold. NOT segwit. An INFINITELY INCREASING BLOCK SIZE WAS THE ORIGINAL VISION.

>>2934559
>Where one miner has mined 75% of all the blocks

How is this possible? Do they just have a gpu farm of like 100,000 gpus?

>>2934578
the original coin is the one with majority support and the original name. this is an absolute shitcoin.

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begun, the coin war has

>>2934559
>Bittrex won't allow deposits because the blockchain is unstable
>Price stays up because Bittrex won't allow deposits
>Blockchain is unstable because miners are double spending and pumping the prices up to sell higher, making the blockchain unstable
This is actually kind of incredible. When one part of this triangle falls, the whole thing will implode and fall in on itself.

>>2934590
can't wait till the chinks execute order 66 on bch

>>2934587
>The original ethereum wasn't ETC

T. brainlet

>>2934578
I literally don't give a shit about the scaling debate. Did you actually stop to fucking read my post, you inbred? People are paying $1,000 for something that ISN'T WORKING.

it has been less than 24 hours since it split

just wait and see what happens

>>2934578
PING PONG WONG DONG

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>>2934608
>execute order 66
Holy shit, I'm literally watching delray misfits, right now.
The piss lord is among us.

>>2934612

Pretty sure the blocks won't be stable until the difficulty has been set which takes two weeks.

>>2934636
It's 2016 blocks or when we get less than 6 blocks in 12 hours, not two weeks.

>>2934624
It pissening

>>2934578
>BCH is the original coin
Then why isn't it called bitcoin?

Why doesn't it have majority hashrate?

>>2934578
This

After all the stuff listed by OP, people STILL buy Bitcoin Cash? It shows just how badly the Core dev team have fucked up.

Bitcoin holders finally have an alternative to Core. Shit is just getting started.

If the price gets even higher and miners start seeing profit there, shit will get real. We might see an actual flippening.

>>2934680
What do you think will happen if miners jump on and people are actually able to move their coins?

Do the math.

>>2934612
>People are paying $1,000 for something that ISN'T WORKING

the only fags paying for it are the chinese miners trying to pump the price up

>>2934578
Just like how smoke signals were the original form of long distance communication.

fucking chinks

>>2934699
The math says the Core devs have retarded Bitcoin's growth for years, and you'd be an idiot to sell the fork that can now actually scale.

I expect to see a lot of volatility, of course, since several Core whales are going to do their best to orchestrate dumps.

>>2934559
FUCKING BITTREX STILL HAS MY WALLET UNDER MAINTENANCE, REEEEEEEE

>>2934749
Again, I don't give a shit about your fork and this thread isn't about your scaling circlejerk. My original plan was to hold BCC, and now it looks like I won't have a choice since BCC DOESN'T EVEN WORK.

The second people can actually move their BCC, you REALLY expect people to hold when the price is artificially propped up due to exchange IOUs and artificial scarcity caused by a non-functioning blockchain?

REALLY?

>>2934593
this

>>2934721
this is what we've devolved to

this is what people think of satoshi now, and these faggots have only been in crypto for 2 weeks tops

I suggest anyone new read this

https://medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43

>>2934704
Keep telling yourself that. Keep selling yours. Your tears in a few months time will be delicious.

>>2934749
>retarded bitcoin's growth
>by actually testing and planning features instead of just implementing them in a week
lol BCH is a disaster waiting to happen.

>>2934769
You 48 hours ago:

>DUDE ITS GOING TO DUMP RIGHT AWAY LOL SELL YOUR BCC AS SOON AS POSSIBLE

>>2934704
Miners are not mining this. They are not evolved yet. Why woud the buy this coin just to make it expensive??? So the can buy more at inflated pices? Dont get your reasoning

>I sold at 380

:( :(

>>2934787
You can't dump if you can't move your coins, are you retarded?

>>2934624
>delray misfits

*twitches nose

KEK!!

*twitches nose

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Am I being retarded here /biz/? Sold my cash near the top as it was starting to dip, looked back through the transactions and did they really charge me close to 1/3 of my gains in commission? Am I missing something obvious here? Usual commission rate is miles below this.

>>2934795
You're retarted. Yes you can dump. You can trade your BCC for BTC / ETH / USDT on bittrex.

>>2934578
>cryptofags that care about the technology
The name is literally all that matters faggot. Bitcoin > all.

>>2934809
No, you can trade the IOUs Bittrex gave you, which is a tiny fraction of all the BCC people own. Nobody can move coins out of their BCC wallets onto Bittrex (which is the MAJORITY of coins) because THE BLOCKCHAIN DOESN'T WORK.

How the fuck are you people trading without understanding the most basic fundamentals of both crypto and economics?

>>2934795
>being this retarded

I'm so fucking glad /biz/ is around because idiots like you gladly spout your opinions here, and it's an indicator to do the opposite

>>2934559
It already dropped nicely on kraken. Classic pump and dump scheme.

>>2934795
Yea the miners with the secret plans are not mining only buying right?

>>2934808
Bittrex charges 0.25% commission. What exchange are you using?

>>2934808
"Cost / Proceeds" is simply what you gained in BTC.

>>2934582
>gpu.
>its 2017 anon. Sha256 is mined with Asics.

>>2934835
Bittrex, exactly that. I checked all my previous transactions and they all look fine, that one is just the odd one out. Possible bug? If so, is there any way to appeal it?

>>2934849
That makes sense now, ignore >>2934858
Cheers

>>2934827
Let's say I have bitcoin in bitcoin core/electrum and I split my coins manually.

I can't dump my BCC on Bittrex because they won't allow BCC deposits right now. This is the only thing supporting BCC's price right now. The only thing keeping BCC price from dumping is that there isn't a massive influx of supply from offline wallets.

Are you really so stupid that you don't understand this?

>>2934808
you did very well despite being fucking clueless lol
nice job

>>2934777
Unless you want bitcoin to go the way of the smoke signals it must continue to improve or be left by the wayside while better coins take its place. Sentiment does not make money or replace the global banking syndicate.

Get your BTC profits out of Bittrex ASAP, a wipeout attack on the weak BCC chain now would nullify Bittrex's BCC wallet from the beginning as if the fork never happened. You'd think they'll let you keep your current BTC profits then? It's database rollback time bb

>>2934979
There's nothing to nullify. Bittrex hasn't moved any of their BCC.

>>2934824
Dont be so butthurt that haven't been making some mad gainz of this

>>2935029
not an argument.

>>2934578
Some part of me wishes whales were spending their time shilling shit like this on /biz/ -- as if we actually matter

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>almost dropped $10,000 on BCC earlier
>just read this thread

phew

I know the moment certain markets let me sell BCH, i'm dumping this shit.

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why can i explore the bcc blockchain reeee

>>2935056
No one can be this stupid.

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>>2935056
>backing etc (btc) over eth (bch)

>>2935105
i am stupid

i even opened an account on kraken like 2 hours ago

Holy shit I put a sell order at 700 and wake up too see this shit at double that.

How

>>2935118

ETC is shit value compared to ETH

>>2934559
Their chain is not dancing anymore

>>2934777
BTC hasn't been anything like satoshi planned for years now. As soon as ASICs became a thing it was starting to get centralized and wasn't the "everyone can mine" that it was initially.

Bitcoin is going to keep changing because people don't care if it isn't how satoshi planned and if you do care buy any of the many coins that are CPU only mined with no fancy shit.

>>2935105


i don't know why people don't fud/clean out the uninformed anymore. Really that 10k could be sitting in my bank account by now.

Question. When I import my seed in to electon cash, how long should it take for my BCH to appear? That same as a normal transfer?

The next block will reduce difficulty to ~26% of what it is now due to the time distance between blocks. A few blocks after that, exchanges should prep for the incoming tx.

Then we see the dump.

>>2935277
doubt its going to dip that much

most people that wanted to sell already had their coins on the exchange

>>2935277
do the opposite of what /biz/ says
BUY BUY BUY

>>2934559
the reason new blocks isnt mined is because someone is attacking the bcc chain. no doubt some core frankenstein outgrowth.

>>2934559
>>2934593
seriously if this coin is successfull then I will take all my money and get out of crypto. if money can just be created out of nothing and a coin that doesnt even work moons and gets accepted it is finally proof that this entire thing is just a bubble and will fail in a few months.

I have high hopes for crypto but the fact that a coin this shitty can create so much money out of thin air seems fucking crazy. and I know I am gonna get a lot of hate but be honest dont you think it's insanity that we can now simply create money out of nothing and it somehow doesnt even affect the market ?

>>2935384
yeah, its insanity this is why so many people were caught with their pants down while holdng fiat. btc didnt even flinch

>>2935339
Whaha smallblockers atacking the chain so all other segwit fanboys cant dump BCC. Atackers are helping BCC get legit whahaha!!!

>>2935441
>legitimate mining on BCC is now an attack

Really makes you think

>>2935384
Just wait a bit until bittrex starts to allow bch deposits

>>2935118
ETH is BTC and ETC is BCH. Because what matters is community consensus. The most popular chain wins.

>>2934587
>the original name
lol lol olol ol ol ollol lo l ol o l
They just called themselves the original name, retard. They have nothing to do with the original developers.

>>2935384
If a country splits in two, and each country issues new currency, how is this any different? Likewise, how is this different than, say, the US forcing all states to use the same currency, on the fundamental level that money was just created or destroyed out of "thin air"

>>2935384
i agree wtf its a huge bubble at first i was skeptical i see what the future of crypto is but even Mark Cuban said we are in a huge bubble especially now the coins are not at their true value, i expect a huge crash on this BCC like soon in a few days or a week or two

What is this shit? my brother made me install a android wallet and gave me buttcoins he said got duplicate from his and that he cannot use with ios or osx.
someone give me a tl;dr I haven't followed the electronic currency shit ever. I don't know what to do.

I cant even access my bcc because i didnt realize that copay wallet doesnt support it. Does anybody know how to remove my bcc from copay?!?!?!?

>>2934559
i have to be honest with you biz bros i am a bit bitter on missing out on the BCC but i also was not going to risk pulling out of my savings when i have debt to take care of, it was a risk that i did not take, how ever i was able to buy some good ANS Neo in the dips at the right time also ETH when it dipped then converted that in to more ANS Neo so i feel good about that and the future potential , going to see the fire works show once BCC start to fall hard

>>2934670
Because people left. That's not a very clever question.

>>2935196
<3

>>2935593
Smallblockers coinbase and blockstream use the newyork agreement to take the chinese miners hostage and force them to mine the segwit fork.

>>2935276
Check the settings. Apparently it uses the wrong blockchain and shows the worng balance, which you can easily fix.

To answer your question, it's instant.

>>2934559
how do you guys see ETH being affected by this?? Will it go up or dip in the month of Aug?
How about the Silver Lite Coin? I see Lite Coin?

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>tfw all in fiat

Every decision I make in crypto is the wrong one.

>>2935519
its open source retard

>>2935623
Wont that be fixed with their next update? Think ill just wait.

>>2935664
That still doesn't make them the original?
Sounds like you are the retard here

>>2935651
not diversifying is a wrong decision by default

>>2935524
>B-b-b-but Fiat

This shit needs to stop.

Fiat currencies are backed by the potential value of the country that produces them. Why is the dollar worth anything in relativity to every other mediums of commerce? Because America *as a nation* has value. Despite not being directly backed by something fiats still have fundamental value to a certiant extent. Crypto currencies have *absolutley no fundamental value in any way whatsoever*. The entire market cap is held up by 100% blind speculation. Thr very existance of BCC is proof of this.

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>>2935651
I know that feel bro...

>>2934824
Segwit Smallblockers are atacking the chain they prevent the dumping for some weird reason.

>>2935675
Fair enough.

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>>2935751
>The US is dependable
>Math is not dependable

>>2935651
same

>>2934559
Pretty good summary of what is happening

>>2935808
>The US is a real tangible place
>Numbers exist only as an abstract

Math is very dependable, cryptos though.......

>tfw keeping my bitcoins in paper wallet since 1 month
>don't even know how to claim my bcc
>will just keep that shitcoin for now and hope it won't be worth 0,00 in 1-2 month

>>2935936
Same. I'm hoping for a ETH/ETC sort of situation. But if one coin dies thats fine too.

>>2934559
>blockchain
I've never understood this meme.

just made a free $900 off this shitcoin and thank fuck because my bank account is getting very empty

>>2935642
anyone ? Should Invest in ETH? I want to drop maybe 1K or $500

>>2935405
I can vouch for this, predicted and caught the ALT pump and then quickly moved it all into tether before the fork, expecting it all to come crashing down, hopefully i'm just being impatient but seeing BCC is still getting pumped is fucking infuriating, i just wanna cash back in and start trading again

>>2936077
nobody fucking knows

>Where one miner has mined 75% of all the blocks

Wouldn't that be a 51% attack?

>>2937399
thatsthepoint.jpg

>>2937399
In it's current state, Bcash has to be the most vulnerable altcoin in years.

>>2934559
I dub this BCH shitcoin Bitcoin Chink (Bchink for short).

>>2937641
If anyone wanted to attack Bitcoin Cash it would be harder to do than with the vast majority of coins.

>>2939084
more expensive, not harder

>>2939084
It already happened idiot

BCC is compromised

>>2939105
probably wouldn't be selling at 0.28 BTC on bittrex if that were true, bro

>>2939105
If something is not an attack you can't call it an attack.

>>2939115
It's all speculation, most of the coins can't even reach the markets right now

>>2939115
why would the people manipulating a currency want it to devalue before they cash out? wallets are all under maintenance so nobody can deposit and sell yet.

>>2934587
original coin? BCC just came out you inbred fuck, let me guess... youre just a salty ass nigga who left their BTC in cold wallet and cant sell their BCC

>>2934624
Piss trooper reporting in

>>2934559
lol how fucking new are you if you think people actually care about the technology or use crypto to buy shit

>>2934559
did you know even Enron was still being traded even after its fall?

Shit like this happens all the time.

>>2934559
if I send my btc that's been lying around on my electrum for a few months to bittrex, will bittrex automatically add BCC at the same time? Let's say I move 1 BTC from electrum to bittrex, will I get 1 BTC on bittrex AND 1 BCC?

>>2934786
>changing a parameter to increase block size is hard

>>2939677
No, you need to use something that will credit you the BCH. Then deposit each coin into two different wallets on Bittrex. Except you can't deposit on bittrex yet

Teatoken.io

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>its not a shitcoin guys!

>>2939760
source?

The age of Bitcoin is over. Bitcoin cash will become the #1 crypto currency.

>>2940039
https://www.viabtc.com/announcement/detail?id=3

>>2940054
finally you'll be able to afford potty training and leave your street shitting days behind you. truly remarkable, pajeet. who would have imagined such a thing?

>>2934559
Prince is dropping like a rock on HitBTC but mooning on Kraken

WTF is going on?

>>2940054
>Bitcoin cash will become the #1 crypto currency.

You really think it's going to stay at its current prices when people can move BCC into Bittrex from cold storage to sell it?

>>2940099
There would always be people who want to sell for a quick profit.

There is a massive battle at Bittrex lel

>>2940097
Each exchange is like an island. You can't transfer out or in

>>2939069
why do you hate BCH so much, reddit?

>>2940353
reddit loves BCH tho, check out /r/btc

DIFFICULTY JUST WENT DOWN ON NEWEST BLOCK

ITS ACTUALLY HAPPENING

>>2940381
what if that's what (((they))) wanted all along though?

>>2934578
Litecoin is better in every way

>>2940417
fuck off, litecoin has 0 use cases now that bitcoin has segway. it's the most useless fucking coin.

it'll be worth even LESS if bcash flips btc.

>>2940423
You fucking IOTA shills are unbelievable.

>>2934777
>https://medium.com/@johnblocke/a-brief-and-incomplete-history-of-censorship-in-r-bitcoin-c85a290fe43

This article should tell you everything you need to know.

Not talking about whether Bitcoin Cash is the proper vision.

No, the universal truth of the world is: Jews, or sociopaths if you want to be politically correct, always win in a supposedly democratic system.

Apathy of the masses is ineluctable. Those advocating for free speech live in a cloud. They will forever see what they build subverted by those willing to manipulate information.

Ethereum forked to bail out investors and protect the network as a commercial venture. It succeeded in these goals. The loss of immutability is irrelevant to the vast majority of ETH users.

Bitcoin Core will succeed as well. Those who keep the name control the narrative.

You never, ever win in the long run by playing fair. While idealists focus on bringing their ideas to fruition, demagogues work the crowds. Soon these demagogues are seen as idealists, and idealists are painted as demagogues.

>>2940480
Big blocks will win though. Bitcoin has always been a threat to (((them))) it will remain so because many of us know the truth

>>2935751
>Crypto currencies have *absolutley no fundamental value in any way whatsoever*. The entire market cap is held up by 100% blind speculation

It's created because of an agreement that miners came to that they'd use computing power to mine it. You know, like how countries come to an agreement as to which currency is going to be adopted. It's not consumers actually use BTC for payment or anything, or it has any major vendors using it :^)

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>>2940381
No it didn't now kys faggot

>>2940694
But it did. Are you stupid or just pretending?

/biz/ is full of kids who cannot wait a single week for events to unfold without panicking like little girls.

BCH is the one bitcoin we always knew and the one which raised the whole crypto market from nothing.

BTSegwit is a whole different thing, far from the original, completely different roadmap and functionality. People keep paying 2,700 USD for it because of pure propaganda.

Both BCH and BCS will prevail in the long run. But BCH it's the only coin we may call Bitcoin, give it time.

BUY NOW NIGGERS!

>>2935384
You must be new to economics.

You don't like money created from thin air so you are leaving crypto and going back to fiat, is that right?

My fucking sides.

>>2934559
I am really anxious to dump my bcc because I think bcc is the more superior version of btc and the flippening could happen anytime.

>>2939746

Lurk more, poor teascam shill

>>2941625
>economics
>free money
At least TRY

>>2935751
Hahaha

>The US as a nation has value

SHUXHSSUSHSUSBAUAHHS

You really believe in this bullshit after 2008?

>>2935384
Bro pretty sure most money in the world is created out of thin air

>>2937399
Yes. That's why exchanges are not accepting deposits.

It's fucking pointless.

>>2941668
It's not free money dumbass.

It's free coins.

If you can sell it, it's because someone wants to buy it. Until you find a buyer, you have a useless asset.

Welcome to economics 101.

>>2941706
>It's free coins
Yes
>>2941625
>money created from thin air
No. Arbitrage on the one day of the year when EVERYONE is freezing tx.

>>2934559
Is there even a non-scammy light wallet for BCH? It takes weeks for a full node to sync with the Bitcoin network.