Bitcoin Forum

Since the bitcoin split we have already seen BCH  falling and rising back. Everyone knows its advantages but a lot of people are still pesimistic about it. I'm curious what are the main disadvantages of Bitcoin Cash for you?

The main one is lack of acceptance that is most likely going to stay like this. Why would I want to keep that coin? I'm holding BTC not only because its value is rising, but because I see it becoming more popular. It has an established position on the market, a growing number of merchants accepting it, countries making laws regarding it... What does BCC have? A group of dedicated promoters and followers. Not a very large group when compared to other leading coins.

That it was a manipulated and ultimately unnecessary cash grab orchestrated by big players in bitcoin to make extra cash.  From a technical functionality/utility standpoint it works just fine, but is also open to future manipulation by the big BTC bag holders who pushed for its creation.

Bitcoin cash was made for manipulations by small group of miners, it`s only for cheating on us and it`s centralized :-\

Basically three things, as I see it:

• As it has already been stated, the fact that it's a very new coin with very low acceptance.
• The addresses follow the same specifications as Bitcoin's. This has made people mistakenly send funds from one chain to addresses in the other, losing the funds or causing extreme hassles in the process.
• The official Bitcoin Cash (equivalent to Bitcoin Core) has the same paths as the Bitcoin Core client. This makes it impossible to run both on the same computer at the same time, at least with the settings they have out of the box.

Not accepted nearly as widely as BTC, yet.

Can't wait for all the other fork/split coins coming this year!

One big problem is the centralization when it comes to development. It can lead to mistakes and bad decisions. For example if they really decide to move on to 8Mb blocks or even higher the average cost for the simplest node someone can use will definitely skyrocket. That means less nodes in the network something to lead to even more centralization with whatever consequences this brings.

Centralized how? Developers behind BCC are just a group of people devoted to Satoshis message.

BTC is centralized if you really want to go there. Its developers are controlled by a corporation, Blockstream. But whatever, you know that but don't care as it gives you profits.

the "good" thing on BCH is the "emergency difficulty adjustment".

miners switch to BCH for a while, then they all leave for a while to have the EDA kick in to lower the difficulty.

meanwhile they go back to mine BTC.

after the lowering of difficulty they mine BCH like crazy again.

this gives us some price swings which are predictable, so it is a nice thing to know and use as a day trader.

It is the lack of acceptance since most people only see it as just another bitcoin. For that reason, many would prefer to hold bitcoin rather that BCC since it is more established and it is at a high price.

The only disadvantages I know is that it has weak community so they won’t be able to support it much. Next is that there much deflation than inflation, and you will be getting disappointed. Bitcoin Cash is not really a good choice if I’m to say, but they might cope up in the future.

i think the bch is originally born of btc, its both advantage and disadvantage, once btc success to solve its problems, then the miner will turn to btc, and its a critical strike to bch