Bitcoin cash is BCH not BCC.
You are luke-jr, aren't you?
Update on Bitcoin Cash
61–70 of 239 posts
Re: Update on Bitcoin Cash
#62Say what you will about Coinbase, but I really appreciate their willingness to adapt and respond to customer feedback. I personally didn't want to take on the risk of creating a paper wallet and having to move my small amount of BTC from my Coinbase vault, so this is great news for me.
Uh okay. I will say what I will. They could have held this position from the beginning if they had any foresight at all. How hard would it have been to say something like: 'We do not plan to support Bitcoincash given the impact on operations, security, and value uncertainty. If you want complete freedom with your Bitcoincash, take out your Bitcoin. Otherwise, we may add support in the future, but the timeline will be…
> How hard would it have been to say something like
I would suggest that neither of us have any idea how hard that would be. (Also, they gave a pretty similar announcement, minus the "we might support BCH in the future" bit.)
From my perspective, they are now going to devote a shit ton of engineering effort into supporting BCH withdrawals, which will not provide a source of recurring revenue.
Re: Update on Bitcoin Cash
#63Dumb question: Supposing BCC eventually becomes of comparable value to BTC, does this mean everyone's fortune was just doubled?
Why would BCC be valued that high? Because of the protocol redesign? Why bother with the fork when you could start a new network and announce the Genesis block start time?
Ah yes, keeping the sha hash vulnerability open for ASIC mining attacks is not a priority? Empty block exploits not a priority? Thousands of coins have been minted to worthless "proof of work" exploits and early adopters.
Surprised it's lasted this long.
Re: Update on Bitcoin Cash
#64Earlier quoted context omitted.
VP Ops at Coinbase We are trying to scale our support team as quickly as possible. Wish I had a better answer for you. https://blog.coinbase.com/improving-customer-support-139d99e... If you still need help with your issue, send me an email (in my profile).
I saw your 3 month remote support contract position, I'm a lawyer in Miami working on my own tech projects, and would be interested in this type of temporary remote work with Coinbase while I hopefully get ramen profitable. if appropriate forward my LinkedIn to the right person: https://www.linkedin.com/in/willbrownesq/
There is an application and short quiz here: https://www.coinbase.com/careers/6848?locale=en-US
Re: Update on Bitcoin Cash
#65Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
Seconded. I've had money locked up in Coinbase, unable to sell or trade out of their platform, until I complete an identity verification. Problem is, their code seems to be buggy and even after correctly entering information, I'm told that no identity could be found.
No response from support, and from /r/coinbase and their user forums, seems many (many, many!) users have the same issue.
Not much point in using an exchange if you can't use it to...exchange.
Re: Update on Bitcoin Cash
#66Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
Seconded. I've had money locked up in Coinbase, unable to sell or trade out of their platform, until I complete an identity verification. Problem is, their code seems to be buggy and even after correctly entering information, I'm told that no identity could be found. No response from support, and from /r/coinbase and their user forums, seems many (many, many!) users have the same issue. Not much point in using an exc…
VP Ops at Coinbase.
Send me an email (in my profile) and we can have someone manually resolve.
Re: Update on Bitcoin Cash
#67Say what you will about Coinbase, but I really appreciate their willingness to adapt and respond to customer feedback. I personally didn't want to take on the risk of creating a paper wallet and having to move my small amount of BTC from my Coinbase vault, so this is great news for me.
They should have seen this coming (from the ETC split) and come up with this policy ahead of time, instead of scaring customers into withdrawing or providing any doubt that using Coinbase might mean losing out on significant value.
All they had to say was "BCC support for withdrawals will happen within 30 days if BCC trades above X% of BTC". Or basically anything to the effect of "if BCC is worth anything, we'll give it to you", thus satisfying most people without committing to handling worthless forks.
Re: Update on Bitcoin Cash
#68Earlier quoted context omitted.
Can someone who understands pros and cons of bcc vs btc explain to me ( us ) which one of the two is more likely to scale / win ?
BCC = Block space isn't a big deal BTC = Block space is a big deal The number of auditors is inversely proportional to the size of blocks. If you don't think automated auditing of the mint by as many disparate entities as possible is a prerequisite of sound money, then you probably think BCC makes the right decisions. If you do, then BTC makes the right decisions.
There's no reason to think "as many as possible" is needed. Realistically if there's even 1000 independent entities (nodes) is that not enough? What's a realistic attack that is blocked by having another 1000 people run a node in their home?
On top of that, with small blocks and 3rd party payment channels, there's very little reason for people who aren't big financial institutions to even care. Gavin Andresen put it well: "Hurray, we just reinvented the SWIFT or ACH systems."
While increasing blocks to 8 or 32MB isn't going to fix everything, it provides a lot more capacity while keeping everything on-chain and peer-to-peer. A few people being unable to run it on their home Internet is a small price to pay. And if core hadn't been so pigheaded about even going to 2 or 4MB, we'd have solid evidence of the impact in block size.
Re: Update on Bitcoin Cash
#69Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
In the process of switching to Gemini. Coinbase limits are too low. I've been waiting for two months for them to raise my limit to half of what Gemini will give me from the start.
Re: Update on Bitcoin Cash
#70Earlier quoted context omitted.
VP Ops at Coinbase We are trying to scale our support team as quickly as possible. Wish I had a better answer for you. https://blog.coinbase.com/improving-customer-support-139d99e... If you still need help with your issue, send me an email (in my profile).
I saw your 3 month remote support contract position, I'm a lawyer in Miami working on my own tech projects, and would be interested in this type of temporary remote work with Coinbase while I hopefully get ramen profitable. if appropriate forward my LinkedIn to the right person: https://www.linkedin.com/in/willbrownesq/
If you are a lawyer, you should line up tens of unhappy Coinbase customers and start a class action.