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After the Fork : Bitcoin Cash establishes Over 2 Billion daily volume

Submitted by messmind at 2017-08-18 14:22:32 EDT
Rating: 0.0 on 4 ratings (5 reviews) (Review this item) (V)

The long awaited Bitcoin fork is beyond us for some days now, and the
results are becoming clear, as far as we can speak of clarity in the shady cryptomarket .

One of the key factors why a fork was necessary; the ever growing waitlist for transactions;
seems not to be completely resolved. Confirmation sometimes takes minutes up to hours , depending on the 'minersfee' that is included in the transaction, as a compensation for the miners for their work.

Bitcoin miners mine BTC's , and include transactions in the blockchain when they find a block, and by doing so are the motor of the BTC network . Sending BTC still cost you about 80 Ksatoshis each time, about $4 .

The Fork also brought forth a new member to the alt-family ; BitCoin Cash
Nothing really special , everybody who owned BTC, got the same amount of BCC (or BCH on some exchanges).
Practically that BCC is worthless , because BTC value isn't BCC value .
The market disagreed, and valued the bunch on 10% of the BTC value , making some moonwarps and legendary crashes after the market got to trade this worthless crap .

Right now BCC has a market cap of $9.5 billion, and the market seems to like this new alt...
I'm going to keep my .1 BCC , and see where it flies...

Drop your -2 below :D


Review This Item




Submitted by blackbear at 2017-09-05 20:27:18 EDT (#)
Rating: 1

i just noticed messmind is currently the only one producing anything close to quality posts on ubersite these days. or at least he's trying. well done sir. PM me. Oh wait, you can't.

Submitted by Pubis at 2017-08-24 21:23:29 EDT (#)

Nobody gives out cash

Submitted by RoadSong at 2017-08-21 20:09:40 EDT (#)
Rating: 2

I neeeeed some

Submitted by messmind at 2017-08-21 08:57:14 EDT (#)
Rating: -1

Submitted by Shlongy at 2017-08-20 20:15:41 EDT (#)
Rating: -2

No idea as to what the fuck you're talking about; And I'm brilliant.

Yeah a shining beacon of wisdom...without a clue...what am I missing here ?

Submitted by Shlongy at 2017-08-20 20:15:41 EDT (#)
Rating: -2

No idea as to what the fuck you're talking about; And I'm brilliant.

You know, Moe, my mom once said something that really stuck with me. She
said, `Homer, you're a big disappointment,' and, God bless her soul, she
was really onto something.

-- Homer Simpson
There's No Disgrace Like Home