[GTALUG] Bitcoin Blockchain Crypto Surface

[Scott Frederick]

On 02/08/2017 09:11 AM, Russell via talk wrote:

> Now ... Eight Megabytes And Constantly Swapping
>
> Things just got tougher for little miners.
>
> http://www.bbc.com/news/technology-40800270
>
>From the linked article:

> "A market seems to be emerging for Bitcoin Cash that looks to be
> relatively robust," he told the BBC.

There is hardly a "Robust" market in Bitcoin Cash. The only BCH being
traded is coin that was split from Bitcoin that was being stored on
currency exchanges, a relativly small amount as many traders pulled
their coin off exchanges pending the split. Most Bitcoin (and Bitcoin
Cash) is held in private wallets. There won't be true price discovery
until exchanges begin accepting BCH deposits and set up trading pairs.



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