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Bitcoin Cash Starts Trading

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Re: Bitcoin Cash Starts Trading

#3
https://www.reddit.com/r/Bitcoin/comments/6hko7c/viabtc_will...

^ Here is some information (mostly in the form of a fragment of a video, but also to a much much lesser extent some comments) on what seems to be earlier versions of this plan, which I found useful for context (though I haven't spent the time to work this all out in my head yet...).

Re: Bitcoin Cash Starts Trading

#4
For those unaware, "Bitcoin Cash" is a proposed future fork of Bitcoin. The primary miner supporting it also runs an exchange, so what they are effectively trading is "future promised coins" once they start actually mining the fork.

Because so few of % of the total coins are tradeable, I think this results in a similarly volatile "market cap" as many ICOs.

Re: Bitcoin Cash Starts Trading

#5
Is there a crypto voting ring? I understand why most crypto articles reach the top 10 posts but this one has nothing going for it.

* Niche website linked / breaking the news

* Non-mainstream crypto-fork

* No novel interest / features

There's nothing to suggest why this would be upvoted, even among this crypto-friendly crowd.

Re: Bitcoin Cash Starts Trading

#6
post #5

Is there a crypto voting ring? I understand why most crypto articles reach the top 10 posts but this one has nothing going for it. * Niche website linked / breaking the news * Non-mainstream crypto-fork * No novel interest / features There's nothing to suggest why this would be upvoted, even among this crypto-friendly crowd.

[deleted]

Re: Bitcoin Cash Starts Trading

#7
post #5

Is there a crypto voting ring? I understand why most crypto articles reach the top 10 posts but this one has nothing going for it. * Niche website linked / breaking the news * Non-mainstream crypto-fork * No novel interest / features There's nothing to suggest why this would be upvoted, even among this crypto-friendly crowd.

I think that crypto news are still underrepresented on HN. The recent crypto topics (such as ICOs, Solidity, Tezos, EOS, ETH's Parity which is btw written in Rust) surge in word-wide traffic outperforming last year trends (AI, bots, VR) by far.

I hunt for respective news on other sites because HN just provides the most important crypto news. There's a lot more out there, it's new and complex. It's good to read stuff multiple times from different sources to get familiar with this new world order.

Re: Bitcoin Cash Starts Trading

#8
post #5

Is there a crypto voting ring? I understand why most crypto articles reach the top 10 posts but this one has nothing going for it. * Niche website linked / breaking the news * Non-mainstream crypto-fork * No novel interest / features There's nothing to suggest why this would be upvoted, even among this crypto-friendly crowd.

There's a huge marketing push at the moment for this fork as well on one of the Bitcoin subreddits. I suspect it's being pushed by ViaBTC, which just launched "futures trading" for it (as well as probably being the only miner), and has a lot of $ to gain by people trading on their service.

EDIT: yeah, totally organic growth I'm sure https://screenshots.firefox.com/1Jd3clym3pT37nAH/www.reddit....

Re: Bitcoin Cash Starts Trading

#9
post #5

Is there a crypto voting ring? I understand why most crypto articles reach the top 10 posts but this one has nothing going for it. * Niche website linked / breaking the news * Non-mainstream crypto-fork * No novel interest / features There's nothing to suggest why this would be upvoted, even among this crypto-friendly crowd.

I think that crypto news are still underrepresented on HN. The recent crypto topics (such as ICOs, Solidity, Tezos, EOS, ETH's Parity which is btw written in Rust) surge in word-wide traffic outperforming last year trends (AI, bots, VR) by far. I hunt for respective news on other sites because HN just provides the most important crypto news. There's a lot more out there, it's new and complex. It's good to read stuff…

....Just to double-check, you're serious right?

Re: Bitcoin Cash Starts Trading

#10

Earlier quoted context omitted.

I think that crypto news are still underrepresented on HN. The recent crypto topics (such as ICOs, Solidity, Tezos, EOS, ETH's Parity which is btw written in Rust) surge in word-wide traffic outperforming last year trends (AI, bots, VR) by far. I hunt for respective news on other sites because HN just provides the most important crypto news. There's a lot more out there, it's new and complex. It's good to read stuff…

....Just to double-check, you're serious right?

Yes, I am. There's also a lot of scam out there, almost every ICO feels like scam, but still. The more serious stuff catches such a huge attention, just the ecosystem around ETH got so big and mature (despite some recent exploits) that it's hard to ignore this space.

Just compare: not just few projects raised funds within days a startup would take months. If this is the future? IDK. But I know it's 10x better than how fundraising was before. And this is just one part of the crypto space.

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