Bitcoin Cash is up and running for a little over 24 hours now and only 12 blocks have been mined so far. This means if you need 6 confirmations it takes about 12 hours.
This will speed up once the difficulty will be lowered which happens if less than 6 blocks are found within a 12 hour time frame. Since the last block was mined at 02:51 UTC this will probably happen later today or perhaps tomorrow.
If the difficulty would not be lowered it would take over three months until the average block time of BCH is at ten minutes again, because there are about 1200 blocks to go this period. 1200 blocks / 12 blocks per day = 100 days. In that case I plan to fork Bitcoin Cash, correct the difficulty and call my new coin "Bitcoin Cash AD" (Adjusted Difficulty). Who's willing to buy my shitcoin? ;-)
Meanwhile, the price of Bitcoin Cash is going crazy! I think the price is going up, because there are almost no sellers anymore. Nobody can deposit any BCH on an exchange. Besides, no new blocks have been mined for 12 hours, creating a scarcity and hence an increase of the price. Now wait for the Bitcoin CRash when exchanges open BCH deposits!
What is the Hashrate of Bitcoin Cash compared to Bitcoin?
I'm not aware of a site that shows the current hashrate of the Bitcoin Cash network. Please let me know if you found one.
One could argue BCH has approximately 8.2% of the hashrate of the Bitcoin network. There have been 12 blocks mined since the hard fork while in the meantime there have been mined 147 blocks on the original Bitcoin chain. 12 / 147 = 8.2%
24 Hour Change
7 Day Change
Month-to-Date Change
Market Capitalization
Latest Crypto News - August 02, 2017
Bitcoin Cash Price Surges to $753 as Trading Markets Go Absolutely Crazy
Things are still looking remarkably positive for Bitcoin Cash, the recently created altcoin which forked off the Bitcoin blockchain. For a project many assumed would fail and lose value pretty quickly, things have taken an interesting turn. In fact, the Bitcoin Cash price is skyrocketing right now and even managed to surpass the US$750 mark.
Read more: themerkle.com
A Beginner’s Guide to Claiming Your “Bitcoin Cash” (and Selling It)
Much is still uncertain, but to the extent that it is know, this article explains how you can claim — and potentially use — your BCH.
Read more: bitcoinmagazine.com
Exchanges Experience Difficulties During Bitcoin Cash Distribution
Several major cryptocurrency exchanges experienced a number of difficulties during the highly anticipated bitcoin cash distribution that took place yesterday.
Read more: bitcoin.com
Bitcoin Slide Looks Limited Even After Cryptocurrency Splits
Bitcoin might be dividing into two separate blockchains, but its downward slide has so far been contained, signaling confidence the biggest cryptocurrency will come out of the split unscathed.
Read more: bloomberg.com
Why a Bitcoin Fork Is Not a 'Stock Split'
If you've been following the bitcoin fork drama this week, you may have heard the term "stock split" thrown around in interviews with "experts."
Read more: coindesk.com
Bitcoin Cash Became 3rd Largest Cryptocurrency by Capitalization Just 24 Hours After Creation
Bitcoin Cash is gaining momentum. Just a day after the split we can already talk about preliminary results.
Read more: coinspeaker.com
Options Exchange CBOE to Launch Cryptocurrency Derivatives in 2017
The Chicago Board Options Exchange (CBOE) has partnered with Gemini, the bitcoin exchange backed by investors Cameron and Tyler Winklevoss, as part of a bid to launch cryptocurrency derivatives trading.
Read more: coindesk.com
South Korean Lawmaker Seeks to Tighten Cryptocurrency Rules
A South Korean lawmaker has proposed amending the country's Electronic Financial Transaction Act to more closely regulate cryptocurrencies.
Read more: coindesk.com
Chinese Central Bank Hiring Blockchain Experts
The Peoples Bank of China (PBOC) is currently offering six open positions for digital currency related fields.
Read more: cointelegraph.com
I went to the future and took a screenshot of Coinmarketcap.com ;-)
Source: Twitter
Upboat is a friendly half-human, half-robot which hopes to help promote the better posts of Steemit by trying to ensure they get the recognition they deserve.
@UPBOAT looks for numerous signals before deciding on who to UPBOAT and is likely to summon our robot friends to share some robot love with you to show affection.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 2.2% upvote from @randowhale thanks to @upboated! For more information, click here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Nice Post !! Thankyou !! @penguinpablo
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amazing post. Thanks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bit Dark Lite Cash Note Check Classic Unlimited Plus Coin 😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Im not sure why bitcoin cash has such hate around it, its not even a bad coin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post received a 4.1% upvote from @randowhale thanks to @penguinpablo! For more information, click here!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow!!! I was trying to find the coins starting with Bitcoin on coinmarketcap.com but was only able to find the following while typing it in search;
Also I tried sorting by name but got the following;
I guess coins created with the name Bitcoin will create confusions for many new investors damaging Bitcoin's image. This is all because of the opportunists focusing just on their greed. That's one of the disadvantage of decentralization to exploit the goodwill/credibility of an established coin to create another altcoin with some minor changes.
Though I get free coins I don't support what's happening in the community.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't think there'll be any confusion as long as any new altcoin is not named bitcoin with different abbreviation
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes! that is why they change BCC to BCH because there was an existing bitconnect which BCC also.. the more the merreir bring it on cryptosss.....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah! Forking Bitcoin with such media attention is a big thing. They could have at least verified it against some valid source. Even a normal individual in crypto knows the top 10 to 15 coins on coincapmarket in which BCC was already listed. I am not criticizing but that is unpolished way of doing things. Though I have my free coins; not yet decided what to do with it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
First of all you can't have the same name and the abbreviation. That doesn't mean new investors who are not as savvy as us (I suppose) in cryptos won't be confused. Even the logo they are using is the same with a tilted "B". You kidding me; that's dumb. Yes there is some difference but it is as confusing as to find the difference between a lime and a lemon with eyes shut to a new person.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitrex has the largest volume of bitcoin cash In whole market
The great Bitcoin fork has just happened and things are going smoothly so far, there have been no blockchain reorganizations and no further sub forks. Currently Bitcoin Cash’s blockchain is 50 blocks behind the main chain, putting it roughly 8 hours behind. The reason for this lag is because it took miners quite a while to find the first block, some people panicked when a block couldn’t be found, but eventually one was found by ViaBTC.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I will buy your shitcoins ! Haha
But yeah, when exchanges open up for bitcoin cash it will probably lose all it's value immediately. We will have to wait and see.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
not if it merges with bitcoin then we will have 4k easy maybe even 5 at this pace
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I will contribute to your shitcoin! I will also pump it to others. What is the price of Bitcoin Cash AD going to be?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What I thought was strange (and funny) was that the Bitcoin Cash block sizes were so tiny. I thought they were all supposed to be 8MB, all the better to kick Bitcoin's ass?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hahahaha, that coinmarketcap screenshot is epic hahaha lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post! Now Bitcoin Cash is down and trading at $218 on bittrex. How much for 5 minutes to rent your time machine? I need to get some lottery numbers 😂.
Meanwhile in Ukraine 150 BTC ATMs are being installed.
Followed and upvoted 👍
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I envy those guys had their btc stored in bittrex before the split ,guess I shouldn't have used electrum
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Is there an expected date for exchanges to open BCH deposits?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You wrote: "No BCH deposits are possible at the moment on any exchange. Yes, it looks like this. But where do the coins come from which are traded at the moment? Are these the splitted funds which already existed before the fork?
Thanks for your report.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The people who had Bitcoins on the exchanges received BCH at the moment of the fork. At least, on most exchanges.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks man, the last one is funny!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You can keep the Bitzy coins buy would you take an offer on your time machine? @penguinpablo
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post! You are smart! =))
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'll buy your shitcoin! No, but seriously; Hitbtc.com has enabled deposits with 5 confirmations, so if you want to sell your coins you can do that there in like 7 hours or something!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have liked your last few updates man, good job.
I had followed you long long ago, you must have been dumped off my list during the hardfork about 3 HF's ago, when a pile of people we follow were dumped.
Nice work on your posts, stats and charts man.
(:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for your charts :)
I am also pretty sure that once BCH deposits are possible the price will crash quite drastically...
Really funny future coinmarketcap vision 😂 I hope that this is not going to happen...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
"If I were a rich man
na na na na na na na na na!
I'd have all the shitcoins in the world
If I was a wealthy man....."
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha nice post man, made me laugh. Plus good info!
Upvoting this baby.
Will follow you as well, keep up the good work!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for keeping us posted.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin Coin. Sounds legit, I'm in.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 2.00 % upvote from @lovejuice thanks to: @upboat. They have officially sprayed their dank amps all over your post rewards. GOOD TIMES! Vote for Aggroed!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post,very useful stats and it will be very interesting to see what happens to the 2 separate coins the next couple of weeks.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Really Awesome post .Thank you for sharing voted & Followed very helpful to me you wish you the same @funnystuff.
Work on poetry have a look my recently poems hope you like
https://steemit.com/poetry/@funnystuff/poem-life-of-a-cupcake
https://steemit.com/poetry/@funnystuff/poem-friends
https://steemit.com/poetry/@funnystuff/poem-war-of-words
Love And Takecare 🌹
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very good post !!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like your posts. Thank you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin CRash
LOL, this is a funny name.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has been ranked within the top 80 most undervalued posts in the second half of Aug 02. We estimate that this post is undervalued by $10.42 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 02 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
:D:D I didn't know there were so many bitshits :D I think my favorite is Bitcoin Coin (duhh) when will they will be available and would you use EOS/ETH or BitShares to issue them :D
on another note I bought the FOMO, at quite the loss on my Steems :( It's the second mistake I make with crypto trading :(
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for sharing this precious info @penguinpablo.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I prefer BTC, but for BCH to actually succeed the difficulty/ blocks will have to get lowerd
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am Groot! :D
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin cash may be the future of crypto currency if world knows the potential of it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great post..... and funny! :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit