Bitcoin Forum

Im not sure what is really going on right now between BCH and BTC. I just checked the value of this two just now in coinmarketcap.com, bitcoin is falling again to 7500$ and BCH once again is pumping from 1k to 1.3k$. Are they switching their bitcoin again to bitcoin cash? Are whales making money for it?

what fall?
normal fluctuations are not called fall. they just look big to you because you are looking at the numbers alone not the size of the change. what you are calling "fall" was about a 3% change and nobody bothers to make profit from 3% in bitcoin that can have >10-20% changes in a couple of days or while altcoins are around that can change 200-500% in a day.
also this is more like a double top. price tested the resistance twice now and now the support is being tested. soon we will see price break out of this channel and go above the line ($8000+)

Yes, now the initial bitcoin has a rate of 7664 dollars, and bitcoin cash has risen to 1299 dollars. This can be called the usual price fluctuation inherent in the crypto currency, but it may also indicate the remaining problems of a similar bitcoin, namely its low transaction capacity and the absence of such a problem in bitcoin cash. In my opinion, there have already been some structural shifts in the direction of bitcoins in cash and they can only increase with time. I do not regard such a phenomenon as bad, on the contrary, in this scenario there will be a normal healthy competition between them and they will have to improve and improve, and not only to increase in price because of rush demand.

What? this is why im thinking to split my bitcoin and barely transfer some to bitcoin cash. and wait for another couple of weeks what will happen. i thought bitcoin will survive for the threat of bitcoin cash. is this the time to flip and transfer all my bitcoin to bitcoin cash this made me think.

Many think that Roger Ver was behind what happened last two weeks, to make sure Bitcoin Cash would get strong (BTC transactions stuck for ages, move Hashpower so that Bitcoin Cash takes advantage of it).

Knowing that the guy must have saved loads of Bitcoin Cash at a very low price since the time he says Bitcoin is the best...

In short, you have a guy like him who can influence one currency at will, just like that.
Does it encourage you to invest in Bitcoin Cash?

Not saying Bitcoin Cash is dead... but I would personally not have high hopes.
Just my 2 cents.

Everyone doesn't just think Roger Ver was behind the Bitcoin Cash price rise, or pump - we all know it. Is it a bad thing for Bitcoin? Maybe, maybe not. At the end of the day the market decides what it wants... and BCH just crashed... so maybe that is a sign it isn't what the market wants. And Bitcoin is not crashing sooo, yeah it was just a pump and dump obviously.

I don't even think there is any battle between the two of them.. bitcoin cash will take years to reach where bitcoins presently is.. well you know..its extremely hard for people to stick to their own opinions so .. due to some random quotes by big personalities do send them in a sheep state^ in which they follow what the high authorities says... Well its not perfectly right.. have your own individuality and focus on the main bitcoins.
Well obviously its not true for everyone..just the newbies who are into the market and are quite vulnerable to get influenced by things like this but.. According to the recent price of bitcoins I think the answer is no.. bitcoin cash is not competing with bitcoins and People are..not switching too.

The overtake attempt happened last week, when Bitcoin Cash price was pumped quite heavily, mining power went to Cash and some people even announced, that Cash is the true Bitcoin. Even the 24h volume was higher than BTC.
As you know, Bitcoin dropped to a little less than $6k, but recovered to $8k with a new all time high. Hence, it should be clear, that Bitcoin is the only and true Bitcoin and will be.

There is no doubt, bitcoin has a big potential compared to bitcoin cash. I believe that bitcoin cash will not take over the bitcoin. Bitcoin Cash needs a lot of time to do that or maybe it will never happen in the future. Lol. Bitcoin cash is good but bitcoin is better. If I will buy coin, I still choose bitcoin.

This is over. It was only really a battle for a few hours, and only because Bitcoin Cash got pumped artificially. The BCH actors were able to get Bitcoin to drop to sub $6000 because of all the FUD and the mempool spam, but that's really as close as they were able to get. BCH is still higher than when the pump began, but everything is back to normal for the most part.

Whales did make money. I'm sure Roger Ver and friends were able to make quite a lot from dumping their Bitcoin Cash after orchestrating the pump. This serves as a lesson never to trust them again.

i think bitcoin cash was made for a backup purpose for bitcoin when it collapse. I mean bitcoin has many flaws and i think in the future it will fall apart. Thats why bitcoin cash is made. It will be the replacement for bitcoin.

Bitcoin Cash is the only one who battles Bitcoin though, Bitcoin will never battle Bitcoin Cash I think because it is only a copy cat that wants the place of the original.

Bitcoin's price is not a straight to the moon thing and so other cryptocurrencies out there so falling down a little bit is not an issue after all and $7,500 is still good and high value though compare to that Bitcoin Cash's $1,000+ that also reaches $2,300+ price last week then suddenly goes down with only less than an hour that is obviously a pump and dump, so which coin does whales making profit from?

Hi there Jombitt! In my own observation and opinion, people are interested in BCH compare to BTC because the profit ratio of BCH can reach 78% compare to BTC. And an avid and skillful trader could use this situation to gain more money. Additionally, price swings of BCH are also much greater compare to BTC. But you could observe that there are multiple times where the price of each other is quite opposite compared to other altcoins. Currently, both BTC and BCH is in correction state but as you can see on the website it states that BTC still has the largest traded volume.   ;)
 

Obviously, bitcoin is winning. It is true that the moment that Bitcoin cash entered the market, it already reached the mainstream and have a epensive marjet value which negatively affected the price of Bitcoin. But at this moment, Bitcoin won, its market value is now and again increasing while the opposite thing happened to the value of Bitcoin cash since Bitcoin is best for long run.

The battle has been fought and lost by Ver and company. They're whales now, but once institutional money flows in, they're chump change like most of the rest of us.

In my own statement and beliefs, Some people are interested both bitcoin and bitcoin cash because of the different profit ratio of each. Bitcoin cash reach I think 70-80% compared to the bitcoin. But I believe that no one can stop the bitcoin.

The price variations that took place between bitcoin and bitcoin cash in an inverse manner doesn't mean to be a battle. It is the obvious growth and the forked asset seems to gain popularity with the recent growth. This has now gained popularity to be one among the preferred trading asset.

Well the price now are convincing which crypto currency wins. Bitcoin Cash is nowhere to compete with Bitcoin since it is there a lot of years now but it is still at the top with it's overwhelming popularity and value from other crypto currency.

I don't think that people is switching their BTC to BCH but I think there are some investors that are taking the risk of holding this currency that it might have a profitable price in the future. Having different cryptos is good and very profitable.

i don't think that they are switching from bitcoin into bitcoin cash but I think they are only want to make more profit from buying and selling the bitcoin cash. I admitted that from buying and selling, our profit will increase especially the bitcoin cash price is increase high although after that, the price is back to down and now its back to the price earlier. but I think there will be another time for us to see the price is back increase again.

Expect the miners supported BCH and segwit project all the other people are invested into bitcoin related platform only. Now seeing the bitcoin price bump and no wlone will look into the BCH or other altcoins.
No not we can expect the bitcoin to always top so alts will be lower in the chart.

It may happen for some time. But it is not for permanent time. So, have patience and you will see the real news of bitcoin.

In my own analyzing the battle between btc to  bitcoin cash in terms of value ,i thinks bitcoin will be the winner ,because as of know bitcoin is the highest value  in all coins in the world of digital currency.the word versus  is a not appropiate to determine about this comparison of the two coins,because this is not a war it is the matter of demand in the block chain market.

Bitcoin cash will never replace bitcoin, it just serves some people to make a lot of money.

Like Roger Ver you mean?

Roger Ver is going to end up in some legal problems if he continues deceiving the public with his bitcoin dot com propaganda. We've had people losing their coins in this forum, because they read on bitcoin dot com that they are going to be using " a bitcoin wallet " and not a BCash wallet. Their lack of specification has made several people send BTC to a BCH address and the other way around resulting in losses since these keys do not exist on the other chain so the funds are to all effects lost as far as I know.
This is insane. Someone should class action bitcoin dot com for not being clear enough resulting in loses.

No matter what happens. Bitcoin or bitcoin, bit cash may be a good supplement. But it can't take over bitcoin. Because the identity of bitcoin and bitcoin cash is quite different, whether it's miners or investors

People tend to have long memories and hold grudges. He and his clan will eventually have a day of reckoning. Somebody with more power and money will come along and crush them. Also, his minions can be bought...everyone has a price.

That is right. People will use the Bitcoin to store wealth and Bitcoin Cash for daily transaction. I own both.

Is there even a battle? All I see is Roger spending money on attempts to troll Bitcoin. He's trying to make money piggybacking on it, naming a bitcoin cash wallet a bitcoin wallet to increase its number of downloads. He's not going anywhere with this. He'll probably make money because it's easy to elude people and scam them into thinking that they're using the real bitcoin not imposter but sooner or later all those scammed people will find out they can't buy anything with BCH. That it's just an altcoin with no future.

Roger Ver was the same person advocating for Bitcoin years ago,
and after filling his pockets with Bitcoin, he turned towards Bitcoincash
by spreading hype and lies.

It is due to such people, the cryptocurrency market is tainted and people
are skeptical of it.

Looking at this I can just say that Bitcoin will always be superior to Bitcoin cash as Bitcoin cash has only managed to grow because of Bitcoin and you were talking about the drops in prices , well that's not a basis to actually judge Bitcoin. Today Bitcoin has Crossed 8k USD and there is no stopping. And BCH has a long way to reach this stage and when it will manage to do so , Bitcoin will be at a different height.

I think that if the original bitcoin does not improve, then the battle between him and bitcoin in cash will only worsen. If the situation drags on, then in the long run it is still unknown who will win. The original bitcoin is still much ahead due to its fame. But the glory is a volatile thing. In addition, it is not yet known how other clones of bitcoins will behave.

Bitcoin if is not going to decrease transfer fee and time of transfer they can face with some disgruntled people about this, and this can make very big favor for Bitcoin Cash and this is one of the reasons why bitcoin cash is increasing.

According to me it is obvious that BITCOIN is the king of crpto currency market and has a very strong foundation. It has been seen that when BITCOIN CASH entered the digital currency market then it affected the price of BITCOIN and it was having a good market value first. But when you see now, BITCOIN is a master of all coins now and had reached to its peak once again and it will soon cross 10000USD in future. It has no competition with Bitcoin cash now. King will be king.

Is that what you are planning with your trumpcoin ICO?