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Bitcoin => Bitcoin Discussion => Topic started by: suvo05 on August 19, 2017, 06:11:16 PM



Title: BCH threat to BTC?
Post by: suvo05 on August 19, 2017, 06:11:16 PM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??


Title: Re: BCH threat to BTC?
Post by: slackcryptoz on August 19, 2017, 06:14:24 PM
It doesn't seems to be a threat. As bitcoin cash got evolved from the chain it gained more popularity in a short rather than other altcoins. In a short a panic situation prevailed causing a price increase and dropped after price. Now once again it has started to pump much higher and cross $850. Let's wait and see what's gonna happen.


Title: Re: BCH threat to BTC?
Post by: European Central Bank on August 19, 2017, 06:26:50 PM
anyone surprised by this pump needs to get out more.

there's less of it.

it was created to spook bitcoin.

roger ver announced the pump.

the koreans are so stupid they poured into it thinking it was an upgraded bitcoin.

it's the best pump and dump coin ever as it has that baked in flippening fear.


it also has 100% centralised mining and development so is basically the paypal of roger ver's dreams.

the real threat is the 2x coin if it happens. that would be a whole world of mess compared to this.


Title: Re: BCH threat to BTC?
Post by: hatshepsut93 on August 19, 2017, 06:28:12 PM
Look at BCH from technical point of view - does it have any innovation? The answer is no, there were coins with big blocks since the time people started making altcoins. Does it have any roadmap or team of well-known and skilled developers? No, BCH is just a copy-paste, anyone could have done it before, the only reason it gains some traction is because Bitmain and Ver have invested in marketing, paid shills, propaganda, FUD to get some attention for their coin. In the long run it's not sustainable, Bitcoin will have network stability and well-tested improvements, while most alts will be just a fuel for pump-and-dump schemes.


Title: Re: BCH threat to BTC?
Post by: 2double0 on August 19, 2017, 06:29:51 PM
It was really a pump and I managed to get out at my buy price, thanks to those who pumped it.
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?


Title: Re: BCH threat to BTC?
Post by: European Central Bank on August 19, 2017, 06:31:48 PM
The only thing that's confusing me here is who is mining BCH other than ViaBTC?

no one. viabtc is bitmain, the mystery miner is bitmain too. bitmain created it and bitmain is subsidising it to the hilt.


Title: Re: BCH threat to BTC?
Post by: bitbunnny on August 19, 2017, 06:35:05 PM
It was really a pumped and I managed to get out at my buy price, thanks to those who pumped it.
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?

Bitcoin is falling? What are you talking about, this makes no sense? On the contrary, Bitcoin is on the rise and BCH is just another altcoin that on long term has no perspective. It's just a lot of marketing and many people connect it to Bitcoin that is why BCH got big attention. But there is nothing behind it.


Title: Re: BCH threat to BTC?
Post by: 2double0 on August 19, 2017, 06:35:57 PM
The only thing that's confusing me here is who is mining BCH other than ViaBTC?

no one. viabtc is bitmain, the mystery miner is bitmain too. bitmain created it and bitmain is subsidising it to the hilt.

But according to the news, Bitmain rejected to support BCH atm, right?
Then how did they come back into the picture and why would they leave BTC? Bitmain is a huge company and if they would have switched, BTC's difficulty would also have adjusted and BTC could have shown some signs of dump as they have been a major part in the BTC mining network.

It was really a pumped and I managed to get out at my buy price, thanks to those who pumped it.
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?

Bitcoin is falling? What are you talking about, this makes no sense? On the contrary, Bitcoin is on the rise and BCH is just another altcoin that on long term has no perspective. It's just a lot of marketing and many people connect it to Bitcoin that is why BCH got big attention. But there is nothing behind it.


What would you call a dip from $4500 to $3900? A 10% fall right? OR a correction wave?


Title: Re: BCH threat to BTC?
Post by: brainb52 on August 19, 2017, 06:37:38 PM
Has been lots of fud articles on coindesk which seems to affect markets.  


Title: Re: BCH threat to BTC?
Post by: European Central Bank on August 19, 2017, 06:37:59 PM
But according to the news, Bitmain rejected to support BCH atm, right?
Then how did they come back into the picture and why would they leave BTC? Bitmain is a huge company and if they would have switched, BTC's difficulty would also have adjusted and BTC could have shown some signs of dump as they have been a major part in the BTC mining network.

do you really believe them?

they must have hundreds of tons of mining machines going spare, either returned, repaired or slightly obsolete. they may as well put them to use with something that fits their agenda.

they can still adhere to the 2x thing and have enough capacity to play elsewhere.


Title: Re: BCH threat to BTC?
Post by: alex_rada on August 19, 2017, 06:47:07 PM
It's far from a threat, actually it's more of a joke.
It's too bad a lot of naive people will lose a lots of money to some greedy bastards whom orchestrated this scheme.


Title: Re: BCH threat to BTC?
Post by: blanchharris on August 19, 2017, 06:47:52 PM
Whew I'll tell ya waking up to a $1000 BTH was pretty surprising and had me questioning the choice to sell my BTH day 1. But after reading into it more I bet we see it slowly dip back down under $500 by this time next week. woulda been a good pump to get in on tho 3x in a day eh?


Title: Re: BCH threat to BTC?
Post by: 25hashcoin on August 19, 2017, 06:47:59 PM
Yes. BTC is doomed. Has entered the chain death spiral. Bitcoin Cash will be the winner.


Title: Re: BCH threat to BTC?
Post by: European Central Bank on August 19, 2017, 06:53:50 PM
Yes. BTC is doomed. Has entered the chain death spiral. Bitcoin Cash will be the winner.

great. 100% centralised mining and what little development there is.

that sounds exactly like the bitcoin we've all been pining for.

can't wait.


Title: Re: BCH threat to BTC?
Post by: Thatstinks on August 19, 2017, 07:10:30 PM
Whew I'll tell ya waking up to a $1000 BTH was pretty surprising and had me questioning the choice to sell my BTH day 1. But after reading into it more I bet we see it slowly dip back down under $500 by this time next week. woulda been a good pump to get in on tho 3x in a day eh?

Its just begun, wait until tomorrow!



Title: Re: BCH threat to BTC?
Post by: Pearls Before Swine on August 19, 2017, 07:17:04 PM
I highly doubt it.  Right now it's barely catching on as a decent alt coin,
and as far as being a threat....don't think it's going to happen.  And
that's not to say it won't get inflated by speculators,  because I think
it will.  It might even get close in price to bitcoin, but I suspect that it's
never going to be a true competitor.


Title: Re: BCH threat to BTC?
Post by: jackmafacka on August 19, 2017, 07:23:02 PM
Yes. BTC is doomed. Has entered the chain death spiral. Bitcoin Cash will be the winner.

LOL your BCH already dropped 30% today mate. BTC up a hair at the same time. I think you're on a pipe dream w/ the $1,000 BCH price this morning.


Title: Re: BCH threat to BTC?
Post by: CrackedLogic on August 19, 2017, 07:27:35 PM
I feel as if it is. The fact that it's an official "split" noticed by almost everyone who's invested in bitcoin and actually use it for business is quite threatening in my opinion. There's a small minority of people who actually understand the meaning of bitcoin cash and similarities to altcoins. The public view bch as the most viable option for bitcoin as of its faster transaction times etc. The only reason why we feel *bitcoin legacy* is not threatened is mostly due to its popularity. Sooner or later the two coins will reach an equilibrium in quality,cost and acknowledgement.

Then again, it is *only* another altcoin ::)

Yes. BTC is doomed. Has entered the chain death spiral. Bitcoin Cash will be the winner.

LOL your BCH already dropped 30% today mate. BTC up a hair at the same time. I think you're on a pipe dream w/ the $1,000 BCH price this morning.

What are you talking about? It's currently up by 30%(net) if that isn't good as of the last 72 hours, I don't know what is.

I don't want to support bch, but if it becomes viable, I may just.


Title: Re: BCH threat to BTC?
Post by: Yakamoto on August 19, 2017, 07:29:30 PM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
It is probably on par with most other altcoins when it comes down to being a threat; meaning that it's probably pretty close to being a non-issue. If there was more indicators that pointed towards BCH becoming a large, competing crypto then I would be a bit more convinced. If you look at the market, though, it is going on a downtrend after the initial rise, it had a high likelihood it was being manipulated by whales, and still hasn't cracked $1k. The market also had next to no activity between the fork and the past day or so, meaning that it is pretty obvious that it is a pump done by a whale. As one other user said, Roger Ver was likely talking about it already.


Title: Re: BCH threat to BTC?
Post by: iluvpie60 on August 19, 2017, 07:30:10 PM
It could be a threat to Segwit Bitcoin yes. Just as ETC is a threat to ETH, but I think ETH has much more robust avialable options.

Is BTC implements Segwit and goes forward with some other changes most people want, I don't see how it would be threatened by Bitcoin Cash if that makes sense.


Title: Re: BCH threat to BTC?
Post by: Theb on August 19, 2017, 07:51:17 PM
I don't think so bro because Bitcoin Cash will always be the weaker clone of Bitcoin, in which people will see it as another kind of Alternative Coin, it won't be viewed as what people see Bitcoin right now. Also I think the greatest affect of the Bitcoin to Bitcoin Cash exchange rate is the price of Bitcoin lately going down which as of now is 4100$ compared  to where it was before (4500$). But I greatly disagree the opinion on Bitcoin Cash being the greater among the two it simply does not have the support Bitcoin is getting.


Title: Re: BCH threat to BTC?
Post by: Variogam on August 19, 2017, 08:09:41 PM
BTC and BCH have different use cases, so no threat at all.

BCH is meant to be usefull for payments because of enought space for Bitcoin Cash transactions.
BTC is meant to be usefull for speculative investment because of very limited space for transactions.

Bitcoiners have both coins in about the same distribution, so the coins are complementary for different use cases. Hopefully merchants replace Bitcoin with Bitcoin Cash soon, because Bitcoin fees are too high for this, and Bitcoiners have Bitcoin Cash as well.



Title: Re: BCH threat to BTC?
Post by: whereismylambo on August 19, 2017, 08:33:27 PM
BTC and BCH have different use cases, so no threat at all.

BCH is meant to be usefull for payments because of enought space for Bitcoin Cash transactions.
BTC is meant to be usefull for speculative investment because of very limited space for transactions.

Bitcoiners have both coins in about the same distribution, so the coins are complementary for different use cases. Hopefully merchants replace Bitcoin with Bitcoin Cash soon, because Bitcoin fees are too high for this, and Bitcoiners have Bitcoin Cash as well.



Very funny lol  :D


Title: Re: BCH threat to BTC?
Post by: Variogam on August 19, 2017, 08:44:47 PM
Very funny lol  :D

The only funny thing is paying 5%-20% Bitcoin fee when buying standard things like hosting. So you see, Bitcoin is not meant for this, thats why Bitcoin Cash would be much better. But it does not threat the Bitcoin speculative investment, which it already is (and it works!).


Title: Re: BCH threat to BTC?
Post by: CrackedLogic on August 19, 2017, 08:56:16 PM
Very funny lol  :D

The only funny thing is paying 5%-20% Bitcoin fee when buying standard things like hosting. So you see, Bitcoin is not meant for this, thats why Bitcoin Cash would be much better. But it does not threat the Bitcoin speculative investment, which it already is (and it works!).

You can change the transaction fee amount, just sayin'. But you're right in speculation with merchants transitioning over to bch for transactions, the legacy confirmations are too long imho.


Title: Re: BCH threat to BTC?
Post by: JL421 on August 19, 2017, 09:09:21 PM
It is i just started to feel rich about myself but i suddenly saw the price of bitcoin cash and it isn't stopping at all people are showing more demand for it that bitcoin i really don't like this idea if this continues to happen bitcoin cash will replace bitcoin soon and all my savings will be finished i hope this stops


Title: Re: BCH threat to BTC?
Post by: darkangel11 on August 19, 2017, 09:14:58 PM
Very funny lol  :D

The only funny thing is paying 5%-20% Bitcoin fee when buying standard things like hosting. So you see, Bitcoin is not meant for this, thats why Bitcoin Cash would be much better. But it does not threat the Bitcoin speculative investment, which it already is (and it works!).

You can change the transaction fee amount, just sayin'. But you're right in speculation with merchants transitioning over to bch for transactions, the legacy confirmations are too long imho.
But still BCC network isn't loaded with transactions and it hasn't been tested under load yet.
Do you believe that once a couple million users start flooding BCC chain with transactions it will remain cheap and fast? Bitcoin used to be like that 5 years ago, but times change. 5 years for a software is like 50 compared to aging of a man.


Title: Re: BCH threat to BTC?
Post by: marky89 on August 19, 2017, 09:19:54 PM
The only thing that's confusing me here is who is mining BCH other than ViaBTC?

no one. viabtc is bitmain, the mystery miner is bitmain too. bitmain created it and bitmain is subsidising it to the hilt.

That's what makes this so interesting. If the rumors are true that Bitmain controls a majority of global hash power, we could be in for a real show. Now that we are through the initial turbulence (i.e. BCH is now profitable to mine), they can use hash power through different proxies to give the appearance of rational miners defecting to BCH. It's pretty brilliant when you think about it.

I'm not sure if it's worth the risk of significantly splitting the Bitcoin network (if it turns out both BTC and BCH are viable and vying for the title of "Bitcoin"), but maybe retaining AsicBoost and slowing the proliferation of payment channels is worth it for Bitmain.


Title: Re: BCH threat to BTC?
Post by: crypto_fan_boy on August 19, 2017, 09:27:06 PM
Lol, yesterday, I shorted BCH/BTC at a price 650 USD and I it screwed up -,- Thank god I pulled out soon and used really low margin for that... But I cannot wait to short this shit! Gonna the biggest profit I have ever done in margin trading, god (well, considering I will short it right in time) :D


Title: Re: BCH threat to BTC?
Post by: bamboylee on August 19, 2017, 09:44:06 PM
Very funny lol  :D

The only funny thing is paying 5%-20% Bitcoin fee when buying standard things like hosting. So you see, Bitcoin is not meant for this, thats why Bitcoin Cash would be much better. But it does not threat the Bitcoin speculative investment, which it already is (and it works!).

You can change the transaction fee amount, just sayin'. But you're right in speculation with merchants transitioning over to bch for transactions, the legacy confirmations are too long imho.

Confirmation in bch is fast because it does not have that much transaction yet. Maybe in a few years when it have millions of transactions we can see if it can really combat scaling problems. only then we can see if it can really outdo bitcoin.


Title: Re: BCH threat to BTC?
Post by: eaLiTy on August 19, 2017, 09:47:26 PM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
There is no threat to the bitcoin market,bitcoin cash has its own market and if you are looking at the sharp price rise then it needs a much bigger push than we saw today to see the price reaching the levels of the price of bitcoin and that needs a very huge investment and interest in it for that to happen,the issue only happens if the upgrade does not do any good for the problems we had in the past,other than that there is no other threat . ;)


Title: Re: BCH threat to BTC?
Post by: batang_bitcoin on August 19, 2017, 09:56:45 PM
No threat at all just because of those things. Try to look at the brighter side, this will make bitcoin even healthier and greater with its current price. Traders, whales are still supporting bitcoin as the main head in the ecosystem of crypto currencies. And they are just taking the advantage of getting some profit through BCH and will buy btc after taking profit.


Title: Re: BCH threat to BTC?
Post by: |Bitkoin| on August 19, 2017, 10:17:06 PM
No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.


Title: Re: BCH threat to BTC?
Post by: marky89 on August 20, 2017, 01:12:24 AM
Lol, yesterday, I shorted BCH/BTC at a price 650 USD and I it screwed up -,- Thank god I pulled out soon and used really low margin for that... But I cannot wait to short this shit! Gonna the biggest profit I have ever done in margin trading, god (well, considering I will short it right in time) :D

You sound just like the classic bitcoin bear, always waiting to short as the price keeps pumping. :P This was definitely the popular sentiment recently, and it's exactly why I think BCH price has pumped so hard for the last day or so. Like any other altcoin, I'd be very careful shorting BCH until after it has seen significant price increase followed by distribution and stagnation. It could remain bullish for weeks or months before it's worth shorting to me. I don't like to short crypto, anyway. That's what forex and oil are for. :P


Title: Re: BCH threat to BTC?
Post by: BitcoinerXX on August 20, 2017, 01:30:35 AM
No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.

you guys are in denial, bcash is proving to be a very credible threat. the asian pump may just be the beginning. hash rate on bcash has tripled along with the price. the bcash attack is proving more successful then people thought it would be. if things don't swing back in favor of btc soon, this could be the end and just just the end of btc but the end of the cypto experiment in general. in any event, i think we'll know in the next 2 weeks.


Title: Re: BCH threat to BTC?
Post by: Farfenkugel on August 20, 2017, 02:29:24 AM
I think we can assume that bitcoin is not threatened by any coin. Alt coins are created in the hope to be a huge succes like bitcoin, but as proven, no coin has been a threat this far.

If there is any coin we should be looking at to put some pressure in the future is etherium imo.


Title: Re: BCH threat to BTC?
Post by: cpfreeplz on August 20, 2017, 02:36:20 AM
anyone surprised by this pump needs to get out more.

there's less of it.

it was created to spook bitcoin.

roger ver announced the pump.

the koreans are so stupid they poured into it thinking it was an upgraded bitcoin.

it's the best pump and dump coin ever as it has that baked in flippening fear.


it also has 100% centralised mining and development so is basically the paypal of roger ver's dreams.

the real threat is the 2x coin if it happens. that would be a whole world of mess compared to this.

No way! It's only 97% centralized!! Hahaha.

It's a joke coin. It's basically a coin that only the lead dev mines but then they try to shove it down everyone's throat. The main difference is it was a very public bitcoin hardfork so that's the only reason anyone has evenhanded of it or thinks it's legitimate. It's NOT!!!

No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.

you guys are in denial, bcash is proving to be a very credible threat. the asian pump may just be the beginning. hash rate on bcash has tripled along with the price. the bcash attack is proving more successful then people thought it would be. if things don't swing back in favor of btc soon, this could be the end and just just the end of btc but the end of the cypto experiment in general. in any event, i think we'll know in the next 2 weeks.

When is Roger Ver planning the 51% attack?

https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/ (https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/)


Title: Re: BCH threat to BTC?
Post by: jatin729 on August 20, 2017, 03:25:22 AM
Not yet , Because BCH is kid right now because it has just born. BCH may  take 5 years to overtake the bitcoin.
example bicoin took 8 years to Achieve that popularity.
 
https://upload.wikimedia.org/wikipedia/commons/thumb/d/d5/Bitcoin_price_and_volatility.svg/567px-Bitcoin_price_and_volatility.svg.png.

Question arises why i am taking 5 years for BCH to overtake BTC ?
Answer - When BCH created Price was about 170USD which was far more than value of bitcoin when btc.
              that's why probability is higher for  BCH.


Title: Re: BCH threat to BTC?
Post by: BitcoinerXX on August 20, 2017, 04:27:50 AM
anyone surprised by this pump needs to get out more.

there's less of it.

it was created to spook bitcoin.

roger ver announced the pump.

the koreans are so stupid they poured into it thinking it was an upgraded bitcoin.

it's the best pump and dump coin ever as it has that baked in flippening fear.


it also has 100% centralised mining and development so is basically the paypal of roger ver's dreams.

the real threat is the 2x coin if it happens. that would be a whole world of mess compared to this.

No way! It's only 97% centralized!! Hahaha.

It's a joke coin. It's basically a coin that only the lead dev mines but then they try to shove it down everyone's throat. The main difference is it was a very public bitcoin hardfork so that's the only reason anyone has evenhanded of it or thinks it's legitimate. It's NOT!!!

No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.

you guys are in denial, bcash is proving to be a very credible threat. the asian pump may just be the beginning. hash rate on bcash has tripled along with the price. the bcash attack is proving more successful then people thought it would be. if things don't swing back in favor of btc soon, this could be the end and just just the end of btc but the end of the cypto experiment in general. in any event, i think we'll know in the next 2 weeks.

When is Roger Ver planning the 51% attack?

https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/ (https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/)

the bitmain cartel has already attacked bitcoin with its hard fork and easier difficulty adjustments. to finish the job all the bitmain cartel has to do is move its considerable hash from btc to bcash. btc takes too long to adjust difficulty, the network will grind to a halt and people will probably jump to bcash. this is the bet the koreans are making.

the problem is, if its this easy to destroy bitcoin, then the whole crypto experiment is a failure. there's nothing stopping someone from doing the same to bcash in the future and so on. its sets a bad precedent and its going to be one big sad mess if bitcoin cant survive this.



Title: Re: BCH threat to BTC?
Post by: jackhdt on August 20, 2017, 04:41:03 AM
Current exchange rate: BCH/BTC : 0.193
The price is growing fast. I think BCH will increase in the next few days on reaching 0.3 BTC
BCH will become valuable coins after BTC but to take the head is very difficult



Title: Re: BCH threat to BTC?
Post by: Juggy777 on August 20, 2017, 04:41:42 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

I don't see it as a threat it's a bug filled coin and hardly people are using it or even remember of its existence. Many of us could have claimed it but I didn't and I know so many others who didn't. Simple reason was it's not worth it, it's stolen the name of Bitcoin but it's a alt and alts is the eneny and enemy always dies. Look Bitcoin is a brand this bcc is nothing but cheapskate trying to fool people and I think every one of us here is wise enough to know better.


Title: Re: BCH threat to BTC?
Post by: BTC-BTC-BTC on August 20, 2017, 04:47:31 AM
There is no threat to the bitcoin. Bitcoin cash just another alternative coin and it has its own market and going thru it own up and down cycles. The cryto market is big enough for another alternative coin.


Title: Re: BCH threat to BTC?
Post by: Zeke_23 on August 20, 2017, 04:50:22 AM
actually bch is not a threat to btc. bch is also just an alternative coin that circulate in the market. bch is nothing than btc. even its price is increasing now it is still nothing than the price of btc. btc reaches a lot of countries while bch is just starting.


Title: Re: BCH threat to BTC?
Post by: aoihs00 on August 20, 2017, 04:59:15 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??


Agreed, the price was not supposed to be like that for BCH. It has gone way high currently and when we were in the transition period of hard fork everyone was sure that BCH will be dumped like anything but exactly opposite happened with it and the price started rising up. Who knows there might be a time when we will have to trade BTC against BCH. We thought it would be zero and like other alt coins but as we can see things are different now. So we need more data until we can figure out what really happening. This might be the highest it can go or there might be chances it will go u more than this, nothings predictable at this time.


Title: Re: BCH threat to BTC?
Post by: Sadlife on August 20, 2017, 05:01:41 AM
Its not much of a threat to BTC, the koreans thought it was an upgrade to btc this may look a potential pump and dump as the price is not back up by solid investor but rather superficial. What would happen if the koreans realize that its not the coin they thought it to be. And plus bitcoin has far more stability in it's price cause it is supported by millions of merchants around the world, countries started accepting it and it is now widely use as a payment method. A newly born altcoin can never be  a compete with bitcoin.


Title: Re: BCH threat to BTC?
Post by: coynedterm on August 20, 2017, 05:13:55 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
No , Actually this is the better combination of the bitcoin with the BCH where investment by Bitcoin ( because we can see most of the investment has been done with the bitcoin than in bitcoin ) , so indirectly here increasing of demand in the bitcoin we are seeing to make investment in the BCH coin .
Here in the future both of these coins will grow together because both of these coins are made by the same team and after small times of interval these two coins will work over the market totally independent because in this start of the life of the BCH coin investors are less attracted but in two to three months people will fastly enter in in the bitcoin cash investment because this is that opportunity that we should not loose ( like the bitcoin in 2008) .
So overall no threat will be for the bitcoin due to bitcoin cash .


Title: Re: BCH threat to BTC?
Post by: Herbert2020 on August 20, 2017, 05:43:38 AM
bitcoin cash is not exactly a threat to bitcoin but i believe that it will continue to cause some problems for bitcoin as long as it is alive.
the most obvious kind of problem will be attacks they make against bitcoin publicly in the social media. and we all know that FUD of this type will always harm bitcoin and cryptocurrencies in general.
the other kind will be the mining kind. this may not be so serious but still it can cause some troubles as miners can switch anytime they want, leaving one chain with lower hashrate and the minimal damage is slower blocks and at worst it will be attack-able.


Title: Re: BCH threat to BTC?
Post by: Sithara007 on August 20, 2017, 06:23:56 AM
Its not much of a threat to BTC, the koreans thought it was an upgrade to btc this may look a potential pump and dump as the price is not back up by solid investor but rather superficial. What would happen if the koreans realize that its not the coin they thought it to be. And plus bitcoin has far more stability in it's price cause it is supported by millions of merchants around the world, countries started accepting it and it is now widely use as a payment method. A newly born altcoin can never be  a compete with bitcoin.

Don't think that the Koreans are that stupid. They must have carefully analyzed both Bitcoin and Bitcoin Cash. And a major part of the investment came from institutional players, as per the ground reports. These people might have found something positive about the future prospects of Bitcoin Cash. That said, even now there is hardly any chance of BCH overtaking BTC.


Title: Re: BCH threat to BTC?
Post by: Jenn09 on August 20, 2017, 06:34:11 AM
I don't see BCH will be a threat to BTC coz BTC is a firm institution that no one can destroy, As we can see day by day that BTC price is strongly goes up coz many of us believing in this coins & no one will take place that. Meaning to say BCH will goes up but not takes place the position of BTC in crypto world :)


Title: Re: BCH threat to BTC?
Post by: Fatunad on August 20, 2017, 06:42:38 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
Its not actually a threat and that kind of price increase is just really a normal thinking back in the past when bch do exist on the market its price rose up on 1k usd and suddenly crash back again on 200 usd which means there still hype and somehow a manipulation on its price which we cant really consider for this coin to be a thread on Bitcoin itself. Original would still remain as original.


Title: Re: BCH threat to BTC?
Post by: BitcoinerXX on August 20, 2017, 07:06:09 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
Its not actually a threat and that kind of price increase is just really a normal thinking back in the past when bch do exist on the market its price rose up on 1k usd and suddenly crash back again on 200 usd which means there still hype and somehow a manipulation on its price which we cant really consider for this coin to be a thread on Bitcoin itself. Original would still remain as original.

bcash is a threat because it uses the same miners as bitcoin with lower difficulty due to faster adjustments. its a threat because currently it is 125% more profitable to mine on bcash than btc. if miners jump ship for more profit btc blocks will slow and people will jump ship also.

bcash is VERY much a threat.

if bcash dont drop in value soon there will be dark days ahead for btc and crypto.


Title: Re: BCH threat to BTC?
Post by: illinest on August 20, 2017, 07:08:49 AM
Its not much of a threat to BTC, the koreans thought it was an upgrade to btc this may look a potential pump and dump as the price is not back up by solid investor but rather superficial. What would happen if the koreans realize that its not the coin they thought it to be. And plus bitcoin has far more stability in it's price cause it is supported by millions of merchants around the world, countries started accepting it and it is now widely use as a payment method. A newly born altcoin can never be  a compete with bitcoin.

Don't think that the Koreans are that stupid. They must have carefully analyzed both Bitcoin and Bitcoin Cash. And a major part of the investment came from institutional players, as per the ground reports. These people might have found something positive about the future prospects of Bitcoin Cash. That said, even now there is hardly any chance of BCH overtaking BTC.

Maybe they figured out that Bitmain is backing BCH, and controls a majority of Bitcoin hash power! :P

It's very interesting that BCH and BTC seemed to be perfectly inversely correlated for the past 2-3 days. I know it's possible to manipulate these illiquid markets, but maybe that's not it. Maybe there really is something to this Metcalfe's Law stuff, and maybe we are seeing a network split occur in slow motion?


Title: Re: BCH threat to BTC?
Post by: JohnBitCo on August 20, 2017, 07:11:46 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

For a common man, this increase in BCH price looks like an alien thing as everyone was predicting it to fall high time. But if we look at the facts, we shall come to know that since BCH was distributed free from the hardfork, this made most of people to sell their free Bitcoin cash and got BTC instead. This happen in the last few week and price was consistantly dropping because of this high selling. But then when those people emptied their BCH, the  real miners and investors left and they start purchasing it to make its price rise again.


Title: Re: BCH threat to BTC?
Post by: pardede on August 20, 2017, 08:14:20 AM
I think bitcoin will still excel because bitcoin is more famous and much interested


Title: Re: BCH threat to BTC?
Post by: squatter on August 20, 2017, 08:20:22 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

For a common man, this increase in BCH price looks like an alien thing as everyone was predicting it to fall high time. But if we look at the facts, we shall come to know that since BCH was distributed free from the hardfork, this made most of people to sell their free Bitcoin cash and got BTC instead. This happen in the last few week and price was consistantly dropping because of this high selling. But then when those people emptied their BCH, the  real miners and investors left and they start purchasing it to make its price rise again.

The contrarians who understand market sentiment and remember the ETH/ETC split knew better than to follow these predictions. When everyone expects one outcome (e.g. for BCH price to plummet and for the chain to die from lack of use and hash power), the opposite will likely happen.

I highly doubt that Bitcoin Cash is viable long term (compared to Bitcoin), but it's certainly just as viable as many altcoins. I could see it remaining in the top 10 if Bitmain is willing to keep sponsoring it. Now that it's more profitable than BTC to mine, it's not a bad deal, either...


Title: Re: BCH threat to BTC?
Post by: BitcoinPanther on August 20, 2017, 08:21:36 AM
I do not think that BCH is a threat to BTC.  First BCH is already an altcoin and BTC had been established as the main network.  Aside from that BCH give demands to BTC, once it become successful, people will buy it through BTC thus it gives BTC more audience as BCH become popular.  I think this two coin can exist harmoniously.


Title: Re: BCH threat to BTC?
Post by: wellsontheja on August 20, 2017, 08:24:28 AM
I think no
BCH can't be a threat for BTC it's does not mean because BCH Lately continue to rise in price it's make that coin become a threat for bitcoin and However bch remains a newly emerging coin in the public


Title: Re: BCH threat to BTC?
Post by: Mandoy on August 20, 2017, 08:27:29 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

BCH has its own market and it is never a threat to BTC. BCH has its own market as an altcoin and of course since BCH is bitcoins clone its value could likely hit more than just 0.2 btc we can expect more increase on its value on the coming years. But hey just like Ethereum and Ethereum Classic , Ethereum was way ahead and so was BItcoin it will never be surpassed by BCH.


Title: Re: BCH threat to BTC?
Post by: LFC_Bitcoin on August 20, 2017, 08:28:25 AM
I don't think it's a serious threat bit bitcoin as the number 1. It doesn't have to be for me, I'm not really bothered. It's free money, personally I just need to decide when to dump all of mine.


Title: Re: BCH threat to BTC?
Post by: Pierre 2 on August 20, 2017, 08:31:12 AM
I don't think it is ever going to be threat to bitcoin.
Bitcoin is just too big to fail. Bitcoin cash is just another alternative to bitcoin's worth. It won't damage but instead it will create options to choose.


Title: Re: BCH threat to BTC?
Post by: illinest on August 20, 2017, 08:59:18 AM
I don't think it's a serious threat bit bitcoin as the number 1. It doesn't have to be for me, I'm not really bothered. It's free money, personally I just need to decide when to dump all of mine.

I don't think it's a serious threat to BTC, but I also thought it was insane to sell below < 0.1 BCH/BTC. That's where most people were selling, so they were bound to be wrong. I think it's all a question of what Bitmain does. They could decide to give the appearance of considerable miner support for BCH, and that could have a huge effect on the price. I'm sitting on my hands for the moment. I'll let this play out over the next few weeks before making any decisions.


Title: Re: BCH threat to BTC?
Post by: steamon on August 20, 2017, 09:04:16 AM
So long everyone uses BTC for worth notifications there is nothing going on. I see this BCH just as a trading stock as others. In crypto world, alt coin BCH is an alt coin and nothing more. This are just traders speculating and bitmain mining it. I would avoid it for now and sell it when you can get a nice price for it. BTC = king still counts today.

I am not really worried about the future at this point. It's not about the transaction speed for Bitcoin. Bitcoin was first and everyone uses for deposits and everything as an entry way.


Title: Re: BCH threat to BTC?
Post by: Utrine on August 20, 2017, 09:06:22 AM
So long everyone uses BTC for worth notifications there is nothing going on. I see this BCH just as a trading stock as others. In crypto world, alt coin BCH is an alt coin and nothing more. This are just traders speculating and bitmain mining it. I would avoid it for now and sell it when you can get a nice price for it. BTC = king still counts today.

The problem is that the Bitcoin Cash's network is not as congested as the bitcoin. So more people might use it.


Title: Re: BCH threat to BTC?
Post by: bustomi on August 20, 2017, 09:09:36 AM
Still depends on the attractiveness of the community Do they prefer btc or bch, as well as selling power is very influential on each coin.


Title: Re: BCH threat to BTC?
Post by: Bigmacduck on August 20, 2017, 09:37:15 AM
The fact that an AAPL stock is listed on the exchange is no threat for GOOGL per se. Both companies get their own investors and these are often the very same. Investing in both is like a hedge mechanism. Same with BTC and BCH.


Title: Re: BCH threat to BTC?
Post by: Fatunad on August 20, 2017, 09:42:20 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
Its not actually a threat and that kind of price increase is just really a normal thinking back in the past when bch do exist on the market its price rose up on 1k usd and suddenly crash back again on 200 usd which means there still hype and somehow a manipulation on its price which we cant really consider for this coin to be a thread on Bitcoin itself. Original would still remain as original.

bcash is a threat because it uses the same miners as bitcoin with lower difficulty due to faster adjustments. its a threat because currently it is 125% more profitable to mine on bcash than btc. if miners jump ship for more profit btc blocks will slow and people will jump ship also.

bcash is VERY much a threat.

if bcash dont drop in value soon there will be dark days ahead for btc and crypto.
Well its your own view and i do respect that, you do have some points but its hard to believe that miners will jump directly on bcash.Maybe they will do such thing but for the sake on making money not for its development or support.Bitcoin will stand strong no matter what and i dont think also that community will replace Bitcoin for Bitcoin Cash but well who knows what would actually happen on next years to come.


Title: Re: BCH threat to BTC?
Post by: CrackedLogic on August 20, 2017, 10:45:20 AM
Very funny lol  :D

The only funny thing is paying 5%-20% Bitcoin fee when buying standard things like hosting. So you see, Bitcoin is not meant for this, thats why Bitcoin Cash would be much better. But it does not threat the Bitcoin speculative investment, which it already is (and it works!).

You can change the transaction fee amount, just sayin'. But you're right in speculation with merchants transitioning over to bch for transactions, the legacy confirmations are too long imho.
But still BCC network isn't loaded with transactions and it hasn't been tested under load yet.
Do you believe that once a couple million users start flooding BCC chain with transactions it will remain cheap and fast? Bitcoin used to be like that 5 years ago, but times change. 5 years for a software is like 50 compared to aging of a man.

Obviously not, but btc is currently under load and can't keep up with what's going on now and that's not going to change. BCH does not have these problems currently, and in the event it does get flooded with heavy loads, it'll be a lot longer till that event due to it's larger block size.


Title: Re: BCH threat to BTC?
Post by: joromz1226 on August 20, 2017, 11:11:17 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
Of course not. BCH/BCC is more on hyped to others here, Bitcoin is not more on hype but showing the real benefits usages and features to anyone. BCH is no difference to other altcoin who did more on hying only. Even its getting higher it will not change my mind to shift on bcc/ bch still I will remain in bitcoin of course.


Title: Re: BCH threat to BTC?
Post by: Grrizz on August 20, 2017, 12:00:44 PM
Very funny lol  :D

The only funny thing is paying 5%-20% Bitcoin fee when buying standard things like hosting. So you see, Bitcoin is not meant for this, thats why Bitcoin Cash would be much better. But it does not threat the Bitcoin speculative investment, which it already is (and it works!).

You can change the transaction fee amount, just sayin'. But you're right in speculation with merchants transitioning over to bch for transactions, the legacy confirmations are too long imho.
But still BCC network isn't loaded with transactions and it hasn't been tested under load yet.
Do you believe that once a couple million users start flooding BCC chain with transactions it will remain cheap and fast? Bitcoin used to be like that 5 years ago, but times change. 5 years for a software is like 50 compared to aging of a man.

Obviously not, but btc is currently under load and can't keep up with what's going on now and that's not going to change. BCH does not have these problems currently, and in the event it does get flooded with heavy loads, it'll be a lot longer till that event due to it's larger block size.

At the moment the mempool looks like it is mostly filled up with spam and/or cheap asses (really low fee Txs) so its not actually very expensive to make a Tx, when there's a rush it does start to fill up though with valid Txs increasing the needed fees however by the looks of things segwit will be more than enough to empty the mempool and keep spam attacks/busy periods under control, at least for now.

The reality is neither solution is a good one to the scaling problem, both will alleviate the problem short term with blocksize increases being a slightly longer term solution that adds a fair bit of bloat to the blockchain and segwit being a shorter term solution that fixes several other flaws while being less disruptive. IMO they should deploy segwit and hold off on a hardfork to see if they can come up with a better solution or if ideas like sidechains workout OK, if the breathing room segwit affords runs out before a better solution presents itself then we can look at a blocksize increase but personally I dont see the need to rush it all out right now. I dont really see the value of BCH other than as a stop-gap solution or more likely a cash grab taking advantage of the current debates.


Title: Re: BCH threat to BTC?
Post by: pixie85 on August 20, 2017, 09:03:07 PM
Still depends on the attractiveness of the community Do they prefer btc or bch, as well as selling power is very influential on each coin.
If we look at the current state it looks bad dot BCH.
BCH has not much promotion, not much value, not much support in the community. They don't have as many exchanges, not many wallets to choose from, no merchants that accept it. When people think of BCH they see Bitcoin's little brother that's just waiting for the older one to die so it can take the crown.


Title: Re: BCH threat to BTC?
Post by: marky89 on August 20, 2017, 09:05:31 PM
I think we can assume that bitcoin is not threatened by any coin. Alt coins are created in the hope to be a huge succes like bitcoin, but as proven, no coin has been a threat this far.

If there is any coin we should be looking at to put some pressure in the future is etherium imo.

Then what is your position on hard forks? Hard forks are synonymous with altcoins, since both are incompatible forks of the original network. So if, in November, Segwit8x moves forward and a majority of hashpower follows that chain, will the market consider it to be an altcoin? Or will they call it "BTC"? I think the reason that the Segwit8x developers named their client "btc1" was exactly to address this situation. If it came down to a real network split they wanted exchanges to refer to Segwit8x as "btc1" and the legacy chain as "btc2"...not a bad advertisement right out of the box!

As for Ethereum, it's been said before. They serve very different purposes. ETH =/= digital gold, so I don't see ETH and BTC as competitors.


Title: Re: BCH threat to BTC?
Post by: charlton on August 20, 2017, 09:53:35 PM
Why would miners want to compete with Bitmain in mining BCH when they know that Bitmain has the (significant) ASIC-Boost advantage?


Title: Re: BCH threat to BTC?
Post by: squatter on August 20, 2017, 09:59:47 PM
Why would miners want to compete with Bitmain in mining BCH when they know that Bitmain has the (significant) ASIC-Boost advantage?

Do we even have evidence yet that AsicBoost has been used in the wild? Last I heard, we didn't. More importantly, what matters is mining profitability regardless of Bitmain's hash power. If it's profitable to mine BCH, it's profitable. That's all that should matter to rational miners. Miners then have to compare the short term profitability of mining BCH vs. the long term profitability of mining BTC and the prospect of a network split that could damage the value of BTC.


Title: Re: BCH threat to BTC?
Post by: illinest on August 20, 2017, 10:12:09 PM
BCH has not much promotion, not much value, not much support in the community. They don't have as many exchanges, not many wallets to choose from, no merchants that accept it. When people think of BCH they see Bitcoin's little brother that's just waiting for the older one to die so it can take the crown.

I think the idea here for Bitmain was to test the waters and experiment with a Bitcoin hard fork. The old way with XT and Unlimited clearly wasn't going to work. So they tried an opt-in hard fork. This way, instead of trying to "force" the community to upgrade, they can try to show a gradual, organic adoption and/or overtaking of the legacy chain.

Right out of the gate, BCH has a lot of exchange support. Bitfinex and Poloniex are huge, and Coinbase will give their customers their BCH. Maybe they'll open markets for it in the future. Bitmain can also gradually point more and more hash power at it, making it look like miners are responding to market demand. As long as its profitable per the exchange rates, it will look plausible to the market, and the public might further buy into the narrative.


Title: Re: BCH threat to BTC?
Post by: xuan87 on August 20, 2017, 11:15:48 PM
For me it doesn't seems like a threat at all, Bitcoin still stay strong at the top and the price is still stable over 4000$, for BCH it's just another pump and dump playing, the price is not stable, the rising is fast and the dropping is fast, BCH is lack of investors support


Title: Re: BCH threat to BTC?
Post by: sotoshihero on August 20, 2017, 11:53:17 PM
For me it doesn't seems like a threat at all, Bitcoin still stay strong at the top and the price is still stable over 4000$, for BCH it's just another pump and dump playing, the price is not stable, the rising is fast and the dropping is fast, BCH is lack of investors support

Not a threat at all also in my opinion. BCC or BCH is just another altcoins  IMHO. Also, this november there is another fork being talked. Another Bitcoins split is on the pipeline. But still how many they split and replicate it, Bitcoin is still the original. LOL


Title: Re: BCH threat to BTC?
Post by: kheysha on August 21, 2017, 12:04:09 AM
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
I think the BCH price increase does not affect the demand and bitcoin prices.
When the BCH price goes up I do not see that the BTC price is falling.
Do you see when the price is 1 BCH = 0.4 BTC? BTC is still fine.


Title: Re: BCH threat to BTC?
Post by: squatter on August 21, 2017, 05:32:15 AM
For me it doesn't seems like a threat at all, Bitcoin still stay strong at the top and the price is still stable over 4000$, for BCH it's just another pump and dump playing, the price is not stable, the rising is fast and the dropping is fast, BCH is lack of investors support

Not a threat at all also in my opinion. BCC or BCH is just another altcoins  IMHO. Also, this november there is another fork being talked. Another Bitcoins split is on the pipeline. But still how many they split and replicate it, Bitcoin is still the original. LOL

Do you think ETH is a replica, and ETC is the real chain? Are all hard forks illegitimate? I don't like the idea of hard forks, because they pretty much guarantee a split of the network. That's why I'm worried about the November fork... there's a lot more support from BTC services and miners for that one. Even BCH is gaining traction. All of this may end up damaging Bitcoin's network effect, if we keep splitting networks. They may not be the "original" BTC, but what do newcomers to cryptocurrency and prospective investors see? It makes it look like BTC can continually be diluted to those who don't understand forks...


Title: Re: BCH threat to BTC?
Post by: CoinFoxs on August 21, 2017, 06:33:57 AM
I don't think so bitcoin cash is a threat to bitcoin or bitcoin market, though it has potential to increase their price but still there is no replacement available for bitcoin yet. Because bitcoin getting stronger day by day as world known countries start supporting bitcoin.


Title: Re: BCH threat to BTC?
Post by: aisyah88 on August 21, 2017, 07:23:07 AM
I don't think so bitcoin cash is a threat to bitcoin or bitcoin market, though it has potential to increase their price but still there is no replacement available for bitcoin yet. Because bitcoin getting stronger day by day as world known countries start supporting bitcoin.
I agree with you, even though it looks like there is a similarity in the name, it does not mean it's the same as the different goals that make bitcoin strong for now, and see bitcoin continues to go crazy day by day to show the world that the bitcoin potential is good to replace Rail currencies in each of their respective countries.


Title: Re: BCH threat to BTC?
Post by: RawDog on August 22, 2017, 07:22:59 AM
I don't think so bitcoin cash is a threat to bitcoin or bitcoin market, though it has potential to increase their price but still there is no replacement available for bitcoin yet. Because bitcoin getting stronger day by day as world known countries start supporting bitcoin.
I agree with you, even though it looks like there is a similarity in the name, it does not mean it's the same as the different goals that make bitcoin strong for now, and see bitcoin continues to go crazy day by day to show the world that the bitcoin potential is good to replace Rail currencies in each of their respective countries.
After today, Bitcoin Cash will have the longer chain and more hash rate.


Title: Re: BCH threat to BTC?
Post by: robelneo on August 22, 2017, 07:29:59 AM
I don't think so bitcoin cash is a threat to bitcoin or bitcoin market, though it has potential to increase their price but still there is no replacement available for bitcoin yet. Because bitcoin getting stronger day by day as world known countries start supporting bitcoin.
I agree with you, even though it looks like there is a similarity in the name, it does not mean it's the same as the different goals that make bitcoin strong for now, and see bitcoin continues to go crazy day by day to show the world that the bitcoin potential is good to replace Rail currencies in each of their respective countries.
After today, Bitcoin Cash will have the longer chain and more hash rate.
The last two days was very interesting I thought everybody is dumping Bitcoincash now they are pumping again, all the other coins show red only Bitcoincash and other altcoin shows a good sign, it's going to be more interesting what's going to happen in the next 5 days, it's like a roller coaster.


Title: Re: BCH threat to BTC?
Post by: Makka on August 22, 2017, 07:32:25 AM
Bitcoin Cash is never a threat to the real Bitcoin. Some believers of Bitcoin Cash have enumerated some features that make Bitcoin Cash a more improved Bitcoin but it seems the heart of most people are still into Bitcoin. And the crypto market confirms it.


Title: Re: BCH threat to BTC?
Post by: 25hashcoin on August 22, 2017, 07:36:11 AM
Yes, it may be happening as we speak and over the next couple days. Bitcoin Cash could be Bitcoin very soon.


Title: Re: BCH threat to BTC?
Post by: squatter on August 22, 2017, 07:58:35 AM
I don't think so bitcoin cash is a threat to bitcoin or bitcoin market, though it has potential to increase their price but still there is no replacement available for bitcoin yet. Because bitcoin getting stronger day by day as world known countries start supporting bitcoin.
I agree with you, even though it looks like there is a similarity in the name, it does not mean it's the same as the different goals that make bitcoin strong for now, and see bitcoin continues to go crazy day by day to show the world that the bitcoin potential is good to replace Rail currencies in each of their respective countries.
After today, Bitcoin Cash will have the longer chain and more hash rate.

It won't have the most cumulative proof of work. And for now, the BTC hash rate has only fallen to the level it was at 2 weeks ago. Blocks are being found every 10.2 minutes (a tad longer than usual). So no major changes yet. https://bitcoinwisdom.com/bitcoin/difficulty

It's true that things will get pretty interesting -- and fast -- if some real hash power starts defecting to BCH. And unfortunately, Bitmain probably has enough hash power to tip the scales in favor of BCH.


Title: Re: BCH threat to BTC?
Post by: RawDog on August 22, 2017, 08:51:32 AM
Bitcoin Cash is never a threat to the real Bitcoin. Some believers of Bitcoin Cash have enumerated some features that make Bitcoin Cash a more improved Bitcoin but it seems the heart of most people are still into Bitcoin. And the crypto market confirms it.
Bitcoin Cash IS the real Bitcoin. 

Bitcoin Core is an altcoin with many crazy new technical features bound to extreme failure.  Just wait and see. 


Title: Re: BCH threat to BTC?
Post by: RawDog on August 22, 2017, 08:53:36 AM


Currently Segwitcoin Price is Down and Bitcoin Ca$h Price is Up!!!

SegWitCoin is a big steaming pile of rubbish.  They only have one great skill - to brainwash the masses with very sophisticated censorship on their media platforms.  I've got to hand it to them, the takeover was very close to happening.  Anyway, the Satoshi White Paper Bitcoin is now looking very good as BCH prices and hash rate are pretty strong these days.


Title: Re: BCH threat to BTC?
Post by: MegaKill on August 22, 2017, 08:59:19 AM
I don't care who's the REAL bitcoin or who win in the end. I'm happy with my double earning rate with my Antminer now! Everyone is here to ride the PROFIT train. Don't worship BITCOIN like a religion. After all there's hundreds if not thousands of ALT out there! Profit WOOHOO~  :D


Title: Re: BCH threat to BTC?
Post by: Angeltwist12 on August 22, 2017, 09:11:09 AM
Indeed if I look at the data I've got, that at that time the BCH price is very high and it also has the possibility to become the strongest competitor btc. But for now it no longer gives any impact, because if I look from some sources and own analysis that BTC will still exist and become the best and profitable digital currency. But that's only for the next few years, because in the future I do not know for sure. But obviously we should be able to save some BCH, to anticipate something bad on btc


Title: Re: BCH threat to BTC?
Post by: jtipt on August 22, 2017, 09:43:28 AM
Yes, it may be happening as we speak and over the next couple days. Bitcoin Cash could be Bitcoin very soon.
Nope, BCH price may have spiked and on other hand BTC's price dropped but it doesn't mean that BCH is on its way to kill BTC. BCH is still very young and no one knows how it turn out to be, all the more segwit is also incoming that could change few things I hope.


Title: Re: BCH threat to BTC?
Post by: talkbitcoin on August 22, 2017, 10:03:29 AM
Yes, it may be happening as we speak and over the next couple days. Bitcoin Cash could be Bitcoin very soon.
Nope, BCH price may have spiked and on other hand BTC's price dropped but it doesn't mean that BCH is on its way to kill BTC. BCH is still very young and no one knows how it turn out to be, all the more segwit is also incoming that could change few things I hope.

this is mainly market manipulation combined with great timing.

we all know that bitcoin price went up too fast, and we all were expecting a correction. like always the FUDsters use the short term movement only and the drop part. and then use it to pump something else at the same time. this time it was bitcoin cash. last time it was Dash an Ethereum and Ripple which were supposed to replace bitcoin by now!!!

as soon as people start looking at it as an opportunity to make profit, they will win. other wise they will sell at a panic (in a lower price) and they miss out when price recovers.


Title: Re: BCH threat to BTC?
Post by: RawDog on August 22, 2017, 10:32:36 AM
BCH price may have spiked and on other hand BTC's price dropped but it doesn't mean that BCH is on its way to kill BTC. BCH is still very young

Bitcoin Cash = 11
Bitcoin Core = 65*


That is 17% - already (*Billion market cap)

That is impressive for such a 'young' coin.  It won't be long before the masses abandon SegWitShitCoin.  Those who leave early to exchange to BCH will maximize their profits.  Those who leave late will produce significant losses.  Mark my words.  

At least you should hedge if you are a total pussy.