Bitcoin Forum

1) Bitcoin is divided into two in a programm named as “Hard Fork” that has split the fundamental currency digital community. The two rivalries of bitcoin has grown after some of the top endorsers opposed the effective way to not go forward. When the value of cryptocurrency fell by $2,700 after the summit of fork. Bitcoin Cash then started to raiseas stockholders anticipates for their primary transactions to be plop into the network. In the starting stage the price fell down, but later onwards it raised to the amount of $400.



2) How comes Bitcoin Cash (BCH)

It entered into market of cryptocurrency in an active manner flattering the most profitable tokens into its daily hand that one goes to deal. The latest update of BCH market is that it trades at $690.38. As per market capitilizations, it is predicted that it stunning around the value of $10 billion that was under the value of Ethereum and bitcoin.



3) The leading bureaucracies they why bitcoin cash grows up

Since the set up of  Bitcoin Cash, it rules the market values and stood as top competitor for Bitcoin and Ethereum. Because of this rise, Bitcoin has a deficient performance in the first trading days, rapidly surmising into limelight. The competition among Bitcoin Cash, Bitcoin and Ethereum striked the performance of other rivalries such as Litecoin and Dash. The climb of Bitcoin Cash shows increasing help for bitcoin cash that was shaped when a crew of miners moved away from the primary bitcoin blockchain. But many believed that perfect price rate for Bitcoin Cash has not fixed yet due to the reason that more number of persons are not in the capability to market it.



4) Latest Updates:

Bitcoin market is spinning in the situation following the fork and as per the recent survey, bitcoin trades at $2,735.59 that was down from the previous gain of $2,901.65.



5) Why bitcoins cropped up?

Many go with the option of keeping their bitcoins in digital wallets or exchanges instead of storing them in a storage drive. And many claimed that these areas will forward with the proposal of Segwit2x.

It also created an prediction that when this Bitcoin will leave to survive and Bicoin gets its future craze. They also no thoughts that how to create ground work for Bitcoin Cash.



6) How much it costs to?

The price of bitcoin has continued to be moderately stable to hook up with hard fork, signifying that the typical Segwit2x plan is probable to linger the main thread of bitcoin. The derivative of Bitcoin, Bitcoin Cash, is currently values to small part of the bitcoin price. In addition to this, this holds an approximate value in the early trading days. It reaches to the estimated value only when there is more rush among the users towards Bitcoin Cash.



7) Promised hopes for Bitcoin Cash.

Many traders are promoting their hopes for Bitcoin Cash trusting that it could actively hold the relative attention from both stockholders and prospectors.

Eliosoff, who is in the campaign of Bitcoin Cash claims that there is great progress in the future market value of Bitcoin. If the market value of cryptocurrency remain as Bitcoin value it can be gifted to users, business magnets and for other stockholders too.



8) Oppositions for Bitcoin Cash:

It is a bit remodel update of Bitcoin,so there is no huge impact for the firms to add help for Bitcoin Cash. Despite this, it also creates additional work for service managers and traders. The latest payment scheme of Bitpay will not support Bitcoin Cash that has indirect meaning that many of regular vendors  who agree for Bitcoin payments may not go with Bitcoin Cash. The top marketer for Bitcoin Cash, Coinbase also says that it too doesn’t accept Bitcoin Cash.

In the end, the energetic  scenario for Bitcoin Cash comes when most of the users has to accept BItcoin Cash rather than Bitcoin.

Well said, but base from the information that I recently gathered the market already abandoned it and now almost everyone that has the BCH wants to sold it as soon as possible and its truly affecting the value, right now its dumping so fast and for me there is nothing more to expect regarding BCH as the previous investors chose the old Bitcoin over it.

its true and i agree with you.this post is important but i dont think that bitcoin has a competitor. BCH puped frist night a lot but today the price of BCH is so low.its now $289.13 and dumping more.I have sold all of BCH tomorrow also got a good profit.I only like to hold bitcion. so if anyone believe in BCH than he can buy now with cheap rate.

Bitcoin cash is a bitcoin offshoot created as a means of dealing with disagreements in the community over how the technology behind the currency should run.

Market capitilazation is never estimated or predicted when spoken of as a current amount, it's an actual number that can be calculated. The calculation is the number of shares (or coins in this case) multiplied by the price per share (or coin). It's an exact figure at any single point in time. 



Ethereum is not a competitor to Bitcoin Cash (nor Bitcoin). You can't buy a coffee with Ethereum. Ethereum isn't a montetary currency. It's a processing currency, it literally represents processing power on the Ethereum blockchain. It's an investment, but not a monetary currency.

I also don't think that Bitcoin has surmised into the limelight post-fork, Bitcoin has ALWAYS been front and center, in the "limelight" as you say.



I think you've been watching a different market than I have. There's been no spinning at all. Bitcoin Cash appeared, it's had a steady price, exchanges and wallets have mostly made Bitcoin Cash available (some exceptions apply for Coinbase and Trezor has had trouble getting it's coin splitting tool online). Bitcoin hasn't been affected by Bitcoin Cash at all...it's kept the same price range movements as it had before, if anything people were buying into Bitcoin (perhaps to acquire more Bitcoin Cash as a result).

To the OP...what do you think, personally, about this fork?

I think that Bitcoin Cash needs Barry Silbert,otherwise will fail ;D

Well the main reason that BCC is still where it is at(as of right now about 270 to 280 USD) is because most exchanges are locking up deposits and withdrawals on BCC.

So a lot of them they can convert their BCC using their private keys, but they cannot withdraw it from the exchange.

What this does is put a slow down on the actual dump that will happen.

A dump will happen because now you have a huge supply of coins nobody was using before, and when Supply is high and Demand is low, we know that the price will fall until it reaches where it should be. The common Supply/Demand model.

So do not buy any for awhile, until you see the volume has leveled off or looks reasonable. THe price will likely continue to fall for awhile.

Good analysis, but i think from past experience or data from same split of etherium, th main crypto still remains number one and will always be, so i dont see any reason for BCC to be different.

Just wait for Poloniex on the 14th, that is almost sure to make the price dump further. I also heard coinbase was going to credit people their bitcoin cash at some point, that will be even worse.

if the old traders are giving preyority to bitcoin, and if Bitcoin cash is falling with such a high speed then what is the need of bitcoin cash and i do not think that for the purpose for which bitcoin cash was introduce then the puprpose is also nnot lokking to fulfill and i think that the transaction is not going to solve, so in such cases what whould be the next step?

Looking at it from a background of selling products to people on huge platforms for the past 5+ years i'd say, let's look at it from a social pov.

Whats a social POV? It is what most people think of an idea, not just experts but most people.

Most people don't know anything about Altcoins, but they do know about Bitcoin.

Bitcoin to them is The OG.

If we try explaining BCH to someone new who has heard of BTC but is skeptical, they're gonna skippy skippy skeptically skip all the way out the door, Bitcoin on the other hand is a known quantity.

I recently had the misfortune to sit in a starbucks next to a Multi Level Marking schmuck trying to sell $20,000 worth of BTC to an investor who was in real estate. Apart from the cringe worthy gold chain and greasy hair, his pitch was terrible, but he still managed to make the real estate guy stick around for 2 hours, before he left promising the MLM guy that he would call.

He started skeptical, ended less skeptical but still wouldn't invest.

I can only imagine that greasy schlomo trying to convince that guy of BCH, the investor would've bolted in 5 mins.

Not taking anything from BCh, but it's just the way the world works.

E.g. the US Dollar is world famous, try convincing people that Chinese Yuan will be next world reserve currency and see the looks of "wtf is this guy talking, da fuk is china yuan"

Same concept. Just my 0.002 Bits

How dd you come up with this price? In reality it's much lower, less than a half of it.
https://coinmarketcap.com/currencies/bitcoin-cash/ $270-$280 since yesterday. It's even lower than I expected. I thought it to stabilize around 0.15 BTC, but people keep dumping ;) It's not going to surpass BTC, don't count on it. Not enough interest and mining power. It will go up though in the long run. 

Maybe because he copy-pasted a 1 day old article?

https://www.applancer.co/blog/reasons-why-bitcoin-cash-will-take-over-bitcoin

LOL. BCC supporter isn't real users, they are paid by the developers. Bitcoin users are trusted and true economic ecosystem. How can the capitalist will control the decentralized community. The bitcoin cash developers want to hijack bitcoin users. It is new altcoin, new altcoin should have an ICO and bounty program first. But the fact, BCC suporters and team boost their promising BCC in big media. However, do you think that bitcoin users are stupid? They have been proof as the smart community with satoshi's idea " Decentralization". I think BCC better to challenge doge coin than BTC.

For sure it will still have some value after this but OP's prediction of it taking over bitcoin, would not come true. Also, I expect more dump to come after poloniex distributed BC to their users who have or had balance before august 1. I'm sure they will dump as well because no matter what the price, they will still get 100% profit from it since it is free.

Did you just copy / paste this stuff?

Coinmarketcap shows BCH at around $258 right now.

Also Coinbase already announced yesterday it will support BCH.

 ::)

Guys taking BTC code and stealing ticket IMAGE it doesn make f. sence to me. Bcash is not perfect but you can not create wealth that way.
I know that some people will buy cheap that coins and run here to promote that to take our BTCs but come on...
To taking over true Bitcoin you can not clone CODE just becouse you want it and create wealth that way.
I belive that in brear market we will see how Bcash is good today when you got 1block per hour and can not send it to HIGH volume exchange fast it makes it usless.

is crazy if bitcoin cash BCH can replace bitcoin position
bitcoin cash this now same new altcoin
if without problem about block network, bitcoin cash only equal with ETH

To be fair if BCH will replace BTC the system when you ant save in BTC wealth doesn't make any f. sence sice all coin can replace top dog in city.
To many people have stake in BTC and don't want BTC fall even shitcoins becouse of BTC rise SHITCOINS have those investors if people see that BTC is pice of shit
then yhow you wiill sell you shitcoin ... noone will belive you that X coin will be better than BTC for rael at end.
You don't want cut off branch on which you are sitting MAN :D
lets BTC rise promote crypto and lure new people to find interesting shitcoins I dont belive that to get moeny we need to replace king at all.
Chasing BTC is good marketing point : )

Bitcoin may not be replaced by Bitcoin Cash.
Bitcoin is the parent of all digital currencies while Bitcoin Cash is just altcoin
And I think Bitcoin Cash beat Bitcoin is impossible.

That is what most people believe, including myself. I feel when it is all said and done, Bitcoin Cash will be a decent alt similar to Dash and ETH. It will never, EVER surpass Bitcoin. It just would not makes sense.

I don't think that will happen dude. If you will be taking a tour with this forum, most of the people say they just gonna dump their bitcoin cash. Maybe it's just because they consider it as another alternative coin as one of the mods here said on one of his post. But no one can tell what will be happening.

At this time! I thinks! Best coin is BTC and other coin! I really like BTC and ETH

Probably because BTC will fix the wallets. But the problem can BCH to equate BTC so BTC can be replaced?

BCH is just another altcoin, but the marketing was really top notch. Making a big news fuzz by "copying/splitting" the BTC chain. The attention it got drove the prices. I think it'll fall some more when people realize they can't do anything more or less with an allready established altcoin.

i thinks its falling now since btc value were into increasing at this day up to this moment, It will try to get btc users but it will never win since users already trust btc that's why even bcc is there it keeps on price increase.

It is also a fact that most of the crypto-currency in the market base their price on Bitcoin so if some other crypto currency wants to take over the bitcoin in transaction choice it also needs to take over on the price on the market. If BCH is just an option for trader it is quite unexpected to happened because as the development of all crypto-currency take place it is also the time bitcoin progress its price , value and security for a well developed transaction on the market suitable for all other crypto-currency that is also known as Altcoin.

I don't think bitcoin cash will over take bitcoin core as the formal is being looked at as a political supported crytocurrency and many people are viewing bitcoin and others crytocurrency as enemycal to politics. Another reason why I think bitcoin cash cannot over take bitcoin core is the support bitcoin core get from altcoins communities! Most of the coins are sympathy to bitcoin core and see bitcoin cash as enemy. Bitcoin cores is standing as the gold standard to almost all the altcoins.

Bitcoin Cash still under pressure.

No wonder, because many dont like it AND got plenty munition to shoot it down.

So I really wonder its still that high. Lows might be at 0.06 or 0.05.  let's see it will be pumped after the munition is gone.

Because the price of Bitcoin Cash has pumped to high price and not have demand on market want buy it, of course this is reason make the price of Bitcoin Cash falldown before Bitcoin inceasing in today.

Is a Bitcoin Cash dump to be expected once it's listed on more exchanges? I'd expect quite a number of people only held onto bitcoin before the hard fork because it's free money

there is no way BCC will overtake bitcoin...
BCC is just another altcoin.. and its pattern reminds me of XBC

I think that Bitcoin Cash may be a really good investing opportunity when Bitcoin will face exponential growing of transaction fees, transaction lengths and scalability issues, etc. I think that in a major Bitcoin crisis, BCC price may actually spike, but in a long term it's doomed.

Ha,Ha create better joke that one is boring,bcc was done to steal some btc before btc price rise,now btc is on the way to 5000$.Find next joke to stop btc

I think this is not the reason why BTC prices go up, maybe this is because the owner who still holds a lot of BCH coins there, I believe this is the cause of the BCH price decline in the BCH trade, from here it is Visible, how BCH is bad, so BCH will not possibly replace Bitcoin, Because all the big investors already know how BTC will grow in the future.

Your arguement is so clear that makes newbie understand all of it. But what I think of it bitcoin will stay at the top. There were a lot of speculations about bitcoin and bitcoin WILL reach the moon after many years. That is what expected of bitcoin.

How's it going for you guys over there in viaBTC? obviously you are the same people shown in the picture in the background of viaBTC site, sitting there

And posting to support your altcoin, if you were fucking me, I could've never felt any pain, but coming here talking like you had the rights to split Bitcoin

And talk as if only you know better than the rest of us, that's painful, I mean how dare you even showing your faces around here? you should all be

Prosecuted and thrown in to the prison for creating the biggest double spend, all you had was your pathetic free transaction accelerator for a few months

Just to put your name out there to gain some of the community's trust and appear as a saint in order to justify your actions. how does it feel when you see

The price is dumping by the hour? how much more money you have got left to fake pump this shitcoin of yours? when will you morons understand that

Without Bitcoin core support there will never be any coin that could ever occupy the name space of Bitcoin in market?

BHC will not replace BTC. The explanation for this is clear. Bitcoin is the original form of its blockchain technology, it's trusted

Indeed it is btc all alone not bcc. For sure many people would not favor for this even me. I just hope that bcc won't get shared by many bitcoiners because probably it will be a problem and causing to worriness. It's like intimidating for some to hear bcc will rise up. But definitely that won't happen because we will always be in bitcoin's side only,the original blockchain form technology.

The first time i saw and read the tittle makes me wonder and i am not surprised there some analogy explanations to make it true but will not click to the veterans in bitcoins maybe newbies will believe on it .
Do you think those provided informations will surpass bitcoins ? I am really sure it will not in with such a good free bch tokens ,is a desperate move at what else the founders of bch when it gets the AtH they will sell like what happens and the newbies who are hoarding expecting it to $1000 in some social media will just cry like what already happens BCh dump the show is done.

The title of this thread made me laugh. Bitcoincash was just an attempt by greedy miners to control bitcoin, which totaly goes against the point of bitcoin. Once seqwit is locked in on the real bitcoin it will make bitcoin cash look useless, why would anyone mine a coin that is as difficult to mine as bitcoin but a fifth the reward? People already use bitcoin and like it, it will take a huge revolution to switch everyone over to another coin. It's like saying my walmart rewards card will replace visa.

Regardless of that,BCH curiously brought a positive effect to BTC that almost nobody expected,the price increased considerably perhaps because of the opposite effect that those who supported BCH from the beginning they expected that the peoples could  change theirs BTC to BCH and seems that exactly the opposite happened,that is the situation that I think happened but it is still too early to corroborate that since not even a week has passed.