blog.blockchain.com
>Market demand for Bitcoin Cash has proven strong and, in our view, it’s likely here to stay.
>We plan to offer full support for Bitcoin Cash before the end of year on web with support across all our platforms before end of the end of Q1 2018. Stay tuned for product launch announcements!
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This was just the beginning.
Test the waters.
To see how the enemy reacts.
Next time there will be zero mercy
The good news will keep rolling in as companys find bitcoin is useful for transactions again.
core reacted by:
Increased fud (political levels of arrogance to boot)
DDOSing exchanges during the pump
literal death threats
buying up and dumping BCH just to make it look worse
did i miss anything?
you missed the part where BCH is a shitcoin with no purpose other than attack BTC.
>transacting bitcoin is an attack on bitcoin
No, hard forking DAA to draw in hashrate is an attack
However, that same strategy is what dooms BCH to the current trend of slow decline
Miners know that the DAA is going to mint new currency at high rates, which causes the coin to inflate (fork.lol
Stop talkimg shit.
The EDA made it so that it's possible for miners to jump between the two chains without the network having to take 2016 blocks to adjust difficulty. If miners jump on board BCH and start mining quicker than 1 block every 10 mins, difficulty will go up for the next block. It goes up or down based on the average of the previous 144 so hashpower can move between the two chains. This is good for BCH and makes BTC completely vulnerable to getting stuck with a high difficulty, long block times, uncofirmed fees and potentially having to wait 12 weeks to retarget difficulty if block times draw out 1hr plus.
Once all the hashpower makes the next difficulty go up, miners are going to ditch btc. You have been warned.
Only reason bch could get another pump is this is we are at wave C
Satoshi is great and all but having to wait 2016 blocks to adjust difficulty was a pretty big oversight. I guess he didn't foresee competing crypto currencies stealing away vast amounts of hashpower. BCH difficulty adjustment algorithm is far superior. The fact that core never fixed this terrible flaw is just further proof that they are garbage programmers.