If Bitcoin Cash reaches a price of $5,000 what will the transaction fees realistically be and what will realistically be the minimum transaction amount? What about if BCH reaches a price of $10,000?
If BCH reaches a price of $10,000 will Bitcoin Cash still be able to be cash for those earning less than $5 per day?
Thanks to all posters for providing great content, and enjoy your Bitcoin Cash!
This event was triggered by block 686419, which was mined more than 3 days since the last event and has the last three hex digits of its hash (joined as a number) strictly smaller than 7.
The top posts for the last week have been tipped 1000 sats per vote via chaintip:
Venezuela: Bitcoin Cash FTW ✌️ by u/Egon_1
[tip] - 353000 sats = 0.00353000 BCH = ~3.83 USD
"BTC might be all the "digital gold" all you want, but Bitcoin Cash is fucking awesome. $0.02 cents and instant confirmations is an awesome experience. Peer to peer cash, just like it was clearly stated in the paper on page 1 abstract and introduction." by u/Egon_1
[tip] - 293000 sats = 0.00293000 BCH = ~3.18 USD
Kim Dotcom: "Bitcoin Cash is a Bitcoin fork and its DNA is almost identical, hence the name. BCH champions the intention of Satoshi to create P2P Electronic Cash. Let the market decide. Over 95% of Internet users are not yet into crypto. It’s a long race ahead before victory can be declared." by u/Egon_1
[tip] - 256000 sats = 0.00256000 BCH = ~2.78 USD
Meanwhile in St Barths, Bitcoin Cash is spreading because it works as cash by u/MemoryDealers
[tip] - 252000 sats = 0.00252000 BCH = ~2.74 USD
Bitcoin Cash 'ideal money' by u/CryptoStrategies
[tip] - 247000 sats = 0.00247000 BCH = ~2.68 USD
When Miners in China failed , i paid $60 freaking Dollar for a transaction. That $60 can give me two weeks of my Grocery. by u/Knotley-Hunt-Brick
[tip] - 246000 sats = 0.00246000 BCH = ~2.67 USD
Newbies must learn the hard way by u/choamnomskee
[tip] - 225000 sats = 0.00225000 BCH = ~2.44 USD
"Bitcoin was never meant to be digital gold. It had to rebrand itself because of how shitty it is" by u/MemoryDealers
[tip] - 203000 sats = 0.00203000 BCH = ~2.20 USD
Marc De Mesel: "BCH is Bitcoin, as it is P2P Cash. BTC is no longer Bitcoin as it is no longer P2P Cash. As an experienced investor you should know the early movers rarely take the market, especially not when they have the wrong business model and an arrogant dismissive attitude towards competitors" by u/Egon_1
[tip] - 200000 sats = 0.00200000 BCH = ~2.17 USD
BCH flips BTC in USD sent / day, transfers more value in 24h while price remains 57:1. by u/Shibinator
[tip] - 171000 sats = 0.00171000 BCH = ~1.86 USD
Operators of Bitcoin Cash $BCH network nodes: Please upgrade to the latest version available for your client ahead of the network upgrade on 15 May, 2021 by u/Egon_1
[tip] - 170000 sats = 0.00170000 BCH = ~1.85 USD
Sudan: Bitcoin Cash FTW ✌️ by u/Egon_1
[tip] - 167000 sats = 0.00167000 BCH = ~1.81 USD
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What's the safest website to convert BCH to INR? Or will I have to first convert to BTC and then sell on LBTC?
Coinbase 7 year US customer, unable to Sell or withdraw.. I can ONLY buy and deposit. My Bitcoin is essentially stuck. I didn't get any notification when this happened, and I haven't got any support in 2 weeks.
Hello,
I think this idea is stupid, Kevin O'leary is talking about this. How institutions are 'rejecting' coins who come from China who doesn't have great human rights track record.
How does this even make any sense? There is a finite number of them...they are rejecting a piece of the pie because it came from a specific place? I know its FUD but I find it annoying that nobody challenges Kevin when he says things like this.
I tried running a BCH pruned node on the smallest $5/month Linode instance. It works just fine :)
It took longer to sync than my servarica VPS, probably because the Linode one only has one virtual CPU core, vs 4 cores on the servarica box. Servarica took ~1.5 days to sync, Linode took ~3 days.
I tried using the importaddress RPC call to have the built-in wallet start watching an address. Then I used the watch command to repeatedly call the getreceivedbyaddress RPC call every 0.1 seconds so I could see how long it took for a tx to be detected. I sent a tx from electron cash on my PC and saw it instantly on both the Linode VPS (California) and the servarica VPS (Canada). Couldn't measure any discernable delay between them.
Total disk usage by BCHN is 5.6GB
TL;DR The smallest VPS you can buy from a mainstream/popular provider like Linode is perfectly sufficient to independently verify incoming payments. And it costs about half of one BTC tx per month.
Next step: integrate this tiny pruned node as the backend for my payment gateway :)
![[link]](https://i.redd.it/1d8ka3yvm8x61.png){kind=link}