BC should in the future be the coin to use as a transference medium for exchange arbitrage. BTC is so slow it makes no sence to use it except for "bank storage". I'm guessing that the BTC Devs needs to fork it in the future to keep BTC alive.
Once the BIG exchange owners and traders will understand this, BlackCoin will most likely be the favourite coin to use instead of Bitcoin when it comes to fast transfers. Also, BC / X trading pairs on the exchanges needs to be added to make it simpler for traders.
If this happens, then we are all in for a wild ride
Once the BIG exchange owners and traders will understand this, BlackCoin will most likely be the favourite coin to use instead of Bitcoin when it comes to fast transfers. Also, BC / X trading pairs on the exchanges needs to be added to make it simpler for traders.
If this happens, then we are all in for a wild ride
Agreed. I dread at the thought of transfering BTC between exchanges because it's so slow. If they didn't have so many damn confirm time rules though. When I transfer BTC to coinbase it shows up within 5 minutes.
And I would love to see Blackcoin markets against all other coins.
look at it this way - the slowness kills arbitrage between exchanges
It sure does. Blackcoin to the rescue.