Re:The first Bitcoin Cash block has been mined
by jron on Tuesday August 01, 2017 @04:57PM
(#14905232)
Anyone can create infinite forks similar to BCC/BCH. Should Coinbase support them all?
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Re:The first Bitcoin Cash block has been mined
by colordrops on Tuesday August 01, 2017 @05:08PM
(#14905340)
No, but they should support forks with significant hashing power and exchange value behind them.
Re:The first Bitcoin Cash block has been mined
by kobeya on Tuesday August 01, 2017 @07:07PM
(#14906319)
BCH has ~2% mining power behind it. That's not "significant".
Re:The first Bitcoin Cash block has been mined
by colordrops on Tuesday August 01, 2017 @07:12PM
(#14906354)
According to what definition? 2% of BTC mining power is still more than most other coins.
Re:The first Bitcoin Cash block has been mined
by makomk on Tuesday August 01, 2017 @07:25PM
(#14906446)
Coinbase doesn't support most other coins either. There are exchanges that are enthusiastic about supporting all of the altcoins out there, but Coinbase isn't one.
Re:The first Bitcoin Cash block has been mined
by colordrops on Tuesday August 01, 2017 @08:43PM
(#14906888)
It's already in the top 4 coins in market cap. Seems like a reasonable coin to support at this point.
Re:The first Bitcoin Cash block has been mined
by makomk on Wednesday August 02, 2017 @08:58AM
(#14910132)
That market cap is illusionary because there's no way to deposit BCH into exchanges right now. ViaBTC apparently requires 20 confirmations which would take about a week at the current hash rate, the other exchanges like Kraken and Bittrex aren't accepting deposits at all and don't plan to for a few days yet. So essentially all of the BCH making up that market cap cannot in fact be sold at all right now; the only BCH can be is from Bitcoins that was in exchanges that support BCH at the time of the split.
Re:The first Bitcoin Cash block has been mined
by kobeya on Wednesday August 02, 2017 @02:52AM
(#14908484)
Market cap is not a useful metric. It hase very low liquidity at the moment.
Re:The first Bitcoin Cash block has been mined
by jhall1468 on Wednesday August 02, 2017 @02:01AM
(#14908249)
It's been extremely volatile so at this juncture price means little. Give it some time before arguing it has any value, the market hasn't decided yet.