It’s grapfruit trading group. I can’t belive this but %fee block rewards are going up at 0.22% for BCH now! If we can get past 1.5%, will maybe kill BTC!
why 1.5% will maybe kill btc?
3/3 longer to process. Finally, BTC fees become too high for people to want to use. No incentive to mine BTC, it starves snd dies.
short term: (1) spam BTC mempool using battletested scripts; (2) watch chain jam and fees rise; (3) short BTC; (4) profit!
For anyone with residual BTC, I will drop it now. If these BCH transactions are sustained, BTC is going to get serious strained.
I was thinking the same, but... what if BTC goes to 2-3 k USD? Won't all the cryptospace collapse with it?
Crypto will correct and then BCH will uncouple with BTC IF BCH network doesn’t get congested proving to traders BCH is
#1. But I think we need to make blocks bigger ASAP.
The miners need to mine bigger blocks. They are the ones capping.
We actually don’t need to spam BTC. If BCH txns are sustained and go up, +crypto bull market confirms, it’s all over for BTC. I’m so pumped!
we'll have the throughput. will we have the adoption?
Appears yes. Single OTC trading group appears to be accounting for the nearly 1.7 million BCH transactions/day.
Have they told anybody why they're doing it? I can't see why spamming the chain would be beneficial for OTC trading. Not that I'm complaining!
HA! That's brilliant. I hope more buisiness realize they can do this. Everyone knows their name now!
BCH for the win!! But if only one small company can maintain >1,000,000 BCH transactions/day, BCH needs to increases block size ASAP.
Correction I read article and see that it is advertisement
They are just spamming, right?
I thought it was legitimate. I can’t keep up with the news or facts 🤦♂️
I understand my friend. There's a lot happening in this space.
I don't think so. BTC has gone up even if fees were very high.
during the manic bubble. different times.
2/3 people stop using BTC till the fees come down. As BCH %fees to block rewards go up, miners make more with BCH. BTC fees go up because BTC hashpower goes down and transactions take
BCH price will need to go up as well.
Or be stable. But given that we may be in bull mode, BCH kills other cryptos on the rebound. Best time to kill BTC.
🤖 1 BCH = 626.71$ 📉 -0.49%
Tips = fuel️
1/3. Great point for everyone to know. BTC fees are what keep the miners mining BTC network for that extra income. The average I’ve seen is less than 1.5%. Too much above that and
What about block reward?
This is assuming BCH price is stable to increasing compared to BTC.
🤖 1 BCH = 628.08$ 📉 -0.40%
Tips = fuel️
