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Bitcoin => Bitcoin Discussion => Topic started by: Games.Bitcoin on November 22, 2017, 09:35:27 AM



Title: Why is BCH not King?
Post by: Games.Bitcoin on November 22, 2017, 09:35:27 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0


Title: Re: Why is BCH not King?
Post by: freightjoe on November 22, 2017, 09:39:08 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Because most Bitcoin "investors" are fragile scared people who will not admit that buying into (any) cryptocurrencies is going to wreck their own economy when the bubble bursts. Therefore they also did not switch to BCH because to them BTC is now a religion they are clinging to in the hope that it will be their salvation.


Title: Re: Why is BCH not King?
Post by: bob123 on November 22, 2017, 09:53:56 AM
The main reason probably is because BCH is nonsense. Anyone switching from BTC to BCH will lose in mid- and long-term.
The reasons for that are quite simple:

1) There haven't been any tests on how the whole network reacts to 8x higher blocksize. BCH didnt have any "big blocks" yet. There are currently at about 20-50 KB (!).
No considerations have been made that 8x bigger blocks mean 8x bandwith, storage and verification time is needed. So this may work out.. but it could also equally not work out and completely collapse.

2) An on-chain scaling is not scalable. It may be enough for the next 3-5 years. But whats next? Change blocksize to 16, 32, 64 MB ? If blocksize gets increased even more a lot of bandwith will be only
used to keep the BCH network alive. And additionally the verification time of one block will exceed the average time it needs to create a block. This will lead to extreme(!) centralisation, because only miner
with super computer will be able to verify the 'old' block and mine a new block before "standard" miner have verified the last block.

BCH is doomed to fail. Wheter it will happen when blocks reach 6-8 MB, or later on..
The only tangible scaling solution would be to add a second layer "onto the blockchain". Thats where the lightning network comes in play.


Title: Re: Why is BCH not King?
Post by: FlightyPouch on November 22, 2017, 10:01:47 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Many people are thinking that the people behind these might be just there to earn big amount of money. They are thinking that it might be a scheme, I don't blame them because they are just being cautious.

Also, they don't think that BCH will not be as strong as Bitcoin because it is just another alternative coin forked out of the real bitcoin. No matter what is the goal or the feature of that coin, as long as it is not bitcoin, for the people it is just an altcoin. People will always stick to the original, even though it is dumping, like what happened in the past few days, they will keep holding and not move to other altcoin.


Title: Re: Why is BCH not King?
Post by: Monartis on November 22, 2017, 10:03:08 AM
Presumably awareness and visibility play a part, together with the lack of real world use for BCH right now?


Title: Re: Why is BCH not King?
Post by: Bytem3 on November 22, 2017, 10:05:52 AM
Bitcoin (https://coincodex.com/crypto/bitcoin/) is the only crypto covered in mainstream media (mostly). Most know cryptocurrency and ofcourse a lot of influential people want to keep it that way.


Title: Re: Why is BCH not King?
Post by: nitrousteam on November 22, 2017, 10:11:45 AM
BCH is a new digital currency that just started its existence and BTC is prevailing for all these years and with that prevailing, it is making new standards every day. These standards are set in the forms of the approvals for BTC acceptance into transaction community that was not connected to decentralized payment before. BTC has its followers, faithful people which are secure with the main coin. BTH has yet to make its own standards. Even if it rose very fast on the market it is still practically new.


Title: Re: Why is BCH not King?
Post by: buwaytress on November 22, 2017, 10:12:16 AM
How about we keep it to very simple, very basic facts? A recent study showed that 88% of Japanese surveyed had heard of Bitcoin. Care to throw a careless guess about how many of them would have heard about Bitcoin Cash? I'm willing to bet that the most optimistic estimate wouldn't put even half of those who knew of Bitcoin to also know of Bitcoin Cash.

Within my own circle of associates outside crypto industry, perhaps fewer than half would have even heard of Bitcoin, let alone Bitcoin Cash. From the questions on social media already there is so much confusion with people mixing up Bitcoin Cash with Classix, XT, Bitcoin Gold, Segwit and Segwit2x. Why? Because amongst all the pretenders to the crown, no one can distinguish one from the other.

Think of the real world. To depose a recognised King, you'd need supporters of your own, you'd need people to come under your banner and declare you rightful king. How can a pretender be king if few have even heard of it?


Title: Re: Why is BCH not King?
Post by: LoudA__ on November 22, 2017, 10:13:09 AM
Bitcoin (https://coincodex.com/crypto/bitcoin/) is the only crypto covered in mainstream media (mostly). Most know cryptocurrency and ofcourse a lot of influential people want to keep it that way.

Most of the crypto currency follows the movement of the original crypto currency so I think they must stick to Bitcoin.

If you can remember the pump of BCH the past few days it is really shocking, I thought many people will be moving all of their coins into BCH, but even of the price is positively increasing, the impression of the people and investor here is negative the more reason people doubted these altcoin. It is funny that the recent pump of it makes my friends think that it is just a scheme and they may not move their money into these altcoin.


Title: Re: Why is BCH not King?
Post by: RoommateAgreement on November 22, 2017, 10:16:30 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

you can't just make statements like this based on your gut feeling. why do you think BCH is bitcoin 2.0? it doesn't do anything special, it just has a 8 MB block while bitcoin has potentially 4 MB blocks which is being increased slowly!
not to mention that all the issues that the 8 MB block size increase will introduce. specially in long term. it will easily cut the number of nodes which are currently spread across the world down to at least 1/3 of what it is now. because people are not going to run a full node when blockchain size increases 1.1 GB per day.
and what will you do when the 8MB blocks were full in the future? when the BCH mempool was overflowing with unconfirmed transactions and fees were through the roof? another hard fork to 16MB, 32, 64,... or 1 TB per block?!!


Title: Re: Why is BCH not King?
Post by: NeuroticFish on November 22, 2017, 10:19:29 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Basically because if you make a clone shitcoin, however you call it and no matter how big the advertising is, it won't change the fact it's just an useless clone.
There are a lot of altcoins better than BCH. Then there's Bitcoin much better than any of the altcoins (including those that try to mislead people by using Bitcoin in their name).


Title: Re: Why is BCH not King?
Post by: Shamie1002 on November 22, 2017, 10:22:49 AM
Simply because bitcoin was the first ever made coin. So presumably, it will be the fave of cryptocurrencies. Face meaning it will be advertised through the image of bitcoin. More users will adapt, use, and trust in. When it becomes more in demand, it becomes attractive to investors and it will be used in different projects. It will become mainstream and continuous process.
Since that bitcoin it already mainstream, guessing that some investors hesitate to use other coins because no one tries to take risks or to lose any investments if such coins will end dumped. Zero value compared to bitcoin that may survive it longer because of the massive adaptation.


Title: Re: Why is BCH not King?
Post by: cocoliuis999 on November 22, 2017, 10:25:17 AM
I don't think BCH can become a king, because people are in agreement with the identity of virtual coins. Bitcoin will always occupy the leading position. The conclusion is drawn from the transaction distribution of market funds


Title: Re: Why is BCH not King?
Post by: CodyAlfaridzi on November 22, 2017, 10:32:13 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

No, it's not. BCH is far from being Bitcoin 2.0. More like Shitcoin 999.0, or Failed-Bitcoin-fork 4.0 (after XT, BTU, Classic) :P

Btw, the cancellation of segwit2x is the main reason BCH took off in popularity recently. Roger, Jihan & co are supposedly supporting Bitcoin2X, but they have to turn to BCH after many parties backed away from the New York Agreement and the fork canceled.

I don't know why these people really want to sort of taking over Bitcoin. Recently, Bitcoin.com wallet is intentionally creating Bitcoin Cash wallet as their default wallet and calling it "Bitcoin". What a dirty trick. They are risking people, especially newbies who just got into Bitcoin. These people could lose their money because of this scam. If Ver and co keep doing something like this, it's obvious why BCH won't gain any real supporters from the community. Most people would be despised of that.


Title: Re: Why is BCH not King?
Post by: Jet Cash on November 22, 2017, 10:36:21 AM
Just because it's called Bitcoin, it doesn't mean that people will switch to it. The US didn't switch to the Hong Kong Dollar just because it is called the dollar. However the Hong Kong dollar and the US dollar can co-exist, but most people assume that when somebody refers to Dollars, they mean the US dollar.


Title: Re: Why is BCH not King?
Post by: tryer12 on November 22, 2017, 10:39:12 AM
There's no reason to move , When the time will come that we will need this upgrade I'm pretty positive that there will be a consensus for upgrading the original chain.


Title: Re: Why is BCH not King?
Post by: Theta Labs on November 22, 2017, 10:44:44 AM
Because no matter how much the BCH guys try to argue it, they are the fork and you can't just "take over" the BTC name and market cap.


Title: Re: Why is BCH not King?
Post by: patt0 on November 22, 2017, 11:12:53 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Bitcoin and and bcash have completely different views for the future. Bitcoin is evolving as a digital commodity, and bcash is just trying to pursuit the new payment method option. Bitcoin is way ahead of every other cryptocoin out there, if we talk about the digital commodity path. Institutional money is cumming to the market, so bitcoin is on it's way to become a new asset in Wall Street. No other coin is getting any attention from big investors, like BTC is. Except for maybe ethereum, but for completely different reasons, since ether works more as a platform to invest in "start ups".

As for bcash, like I said, is completely focused in being a form of payment, so it's not really competing with bitcoin. Is actually competing with dash, or monero, and to be honest I would prefer any of these two in comparison to bcsh. So for me, the only reason we see bcash this high, when we compare it to dash for example, is because it is taking advantage of the "bitcoin name".

As for technology, it is ahead of bitcoin right now, in terms of transactions, but again that is not important for BTC right now, because it is evolving as "digital gold" and not a payment option. In the future, the Lightning network will be a much better option for scalability than the block increase, so bcash will continue to struggle, and BTC will be able to move as a well establish digital asset, to a form of payment.

For me, this is the reason why bcash is not king, and never will be, and I still think it will probably fail as a form of payment, when compared to the other options out there.


Title: Re: Why is BCH not King?
Post by: Agostosmori on November 22, 2017, 11:27:54 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Because most Bitcoin "investors" are fragile scared people who will not admit that buying into (any) cryptocurrencies is going to wreck their own economy when the bubble bursts. Therefore they also did not switch to BCH because to them BTC is now a religion they are clinging to in the hope that it will be their salvation.

The way you reacted only means that you own a lot of BCH and will benefit a lot once the price goes higher. BCH can never outshine BTC because they are just the same and reason why people like you wants to shift to BCH is because it has lower difficulty level and if you are going to mine it you will just be like the people who was mining bitcoin 5 years ago. And your investment can buy more BCH than BTC. People like you are the ones who are just making things complicated and also making most of new investors loss more of their investments.


Title: Re: Why is BCH not King?
Post by: adpinbr on November 22, 2017, 11:30:04 AM
Because BCH is just altcoins did you see that Bitcoin Cash is tradable in bitcoin? Then it's just a part of bitcoin that called altcoin. Know for it mate Bitcoin Cash cannot take over the power of bitcon, Even roger ver is the CEO of it lol


Title: Re: Why is BCH not King?
Post by: btcprospecter on November 22, 2017, 11:30:41 AM
Most of the people in who have invested lately in bitcoin really only know of bitcoin and not alts. As they learn more about cryptos they will probably move to bch.


Title: Re: Why is BCH not King?
Post by: BillCoin on November 22, 2017, 11:31:40 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Why do you think that BCH should be bitcoin 2.0?

All bitcoin cash is, a simple copy of the bitcoin protocol with a block upgrade change( they change a simple parameter from 1MB to 2MB), does it mean that they need to get all the value that bitcoin got from being alive for years now?

Bitcoin cash is much less decentralized from the legacy bitcoin as most of it's miners are located in china and also the developers are chinese.
We all know that the chinese government has a hand inside and maybe will try to ruin the bitcoin by making bitcoin cash the crypto king.


Title: Re: Why is BCH not King?
Post by: jacobmayes94 on November 22, 2017, 11:34:33 AM
Thing is i do notice fear among users here about any coin that may 'unseat' bitcoin. Yet the endless scaling debate went on for so long, while us users of the currency, the 99% not using forums mostly found transactions getting slower and slower, fees going up and up, all the while the endless debate and deadlock, hence BCH was born.

There have been years in which to solve this problem, or implement some breathing space. SegWit was one example of breathing space that we finally got, but 1MB block sizes simply will not do it, the transaction volume it can process is too small. Unless you wished to keep bitcoin as a 'store' of value, in which case an altcoin like BCH or Litecoin will take over for day to day currency use. I Want to be able to transact with my clients without endless high fees and slow confirmations, and Bitcoin simply does not fit that bill anymore but it can be used to store 'savings' for example. I won't pay a $10 TX fee if PayPal can do it for 50p, or Litecoin can do it for 0.01p.

Bitcoin is awesome, but it will be limited as a digital 'store' of value unless it scales, simple fact.

Centralization is also a big problem, the ASIC arms race and the sheer waste of power, will probably see some hybrid consensus system in the future, POW is simply too energy intense, the power grids of many countries will not handle it, and many hot climates the overheads of running a farm due to cooling issues and more expensive power is concentrating the mining power. Proof of stake will mean only those who are rich get richer, a hybrid system like proof of importance works better as a consensus mechanism in my opinion.

All those gigawatts of power as manufacturers will keep trying to make better ASICs to knock over others to 'stay in the game' and get more profit than those using older ASICs for a while until they upgrade, rinse, wash, repeat until we hit the end of the silicon road then it changes a bit :)


Title: Re: Why is BCH not King?
Post by: BitcoinHodler on November 22, 2017, 11:42:48 AM
they change a simple parameter from 1MB to 2MB),

they removed SegWit and a couple of other features such as RBF and changed the block size from 1 to 8 MB not 2.

There have been years in which to solve this problem, or implement some breathing space. SegWit was one example of breathing space that we finally got, but 1MB block sizes simply will not do it, the transaction volume it can process is too small. Unless you wished to keep bitcoin as a 'store' of value, in which case an altcoin like BCH or Litecoin will take over for day to day currency use.

the issue with SegWit and scaling is that unless a great number of people start using SegWit transctions, we won't see any change in this "breathing space" that you are talking about.

the block size is 1 MB as long as nobody uses SegWit. but if more start using it, the size will also increase. currently it is a little above 1 and with the highest at 1.5 MB. the maximum that it can go is 4 MB.

hopefully with the release of new wallet versions like Electrum 3+ people use SegWit more and we can see this scaling in action.

in fact this is one of the reasons behind SegWit2x, they said increase the normal block size to 2 MB so that even if no one uses SegWit we can have at least 2 MB blocks, but with that we had 8 MB total block size (hence the 2x thing)


Title: Re: Why is BCH not King?
Post by: KrishaBitcoin on November 22, 2017, 11:44:30 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Because bitcoin is most famous and most trusted digital currency than bitcoin cash. Bitcoin was already build a deep relationship among the people that it already faced many challenges and controversies then survived in which many people gain their trust to invest their money in bitcoin. In fact, ethereum is most potential than bitcoin cash.


Title: Re: Why is BCH not King?
Post by: jacobmayes94 on November 22, 2017, 11:57:22 AM
I agree people need to use SegWit to take benefit from it. It is a small breathing space, but the endless debate and years in which to solve the problem before 51% consensus became harder to achieve made this problem very difficult. If bitcoin had become fully decentralized, achieving said scaling consensus may have been impossible as many don't upgrade their software.

Even with SegWit, its only a band-aid unless there are larger blocks, or the blockchain becomes a settlement layer, or some other solution, or bitcoin stays as a store of value and another cryptocurrency takes over for day to day transactions for starbucks.

1MB blocks W/O segwit = 7 transactions/second, 4200 transactions every 10 minutes.
Visa handles around 2000 / sec or so, 1200,000 transactions every 10 minutes.

See the sheer block size that would need to be implemented if you do the maths, and you see the magnitude of the problem. And imagine that being used as a currency all over the world. Bitcoin will not be that without some serious thinking and re implementation, or an alternative currency with BTC being kept as a store of value.

yes this is far into the future, but its best to get this sort of thing right early on, depending on what the usecase people intend it to be. A store of value, or digital cash for day to day transactions.






Title: Re: Why is BCH not King?
Post by: leonair on November 22, 2017, 12:15:03 PM
BCH will never be a king because it just came from Bitcoin and as other people says BCH is just supported by it's fans and they are just consist of several group of people with a primary goal of getting more money from new investors in crypto currency. I think this people are just envious from the people who got into bitcoin first and wants to do the same in the expense of other people.

People are already skeptical on investing in Bitcoin how much more on investing into something that is younger than Bitcoin with not that much credibility?


Title: Re: Why is BCH not King?
Post by: BitcoinHodler on November 22, 2017, 12:21:46 PM
See the sheer block size that would need to be implemented if you do the maths, and you see the magnitude of the problem.

i agree with some of the things you say but i am not yet convinced about either one of the solutions that are being proposed.

things are never as easy as just increase the block size and be  done with it. increase by how much? the 8 MB of BCH? if we assume your numbers are correct that is 8*7=56 tx/sec that is still nowhere near 2000.
so what will we gain with that kind of increase? we just made running a full node 8 times harder.

i say on chain scaling is needed but i ask myself by how much? we can not have 500 MB blocks which is nearly 2000 tx/sec
that is where Lightning Network comes in. although that is less centralized than on-chain scaling but it is a solution to get that much tx/sec.


Title: Re: Why is BCH not King?
Post by: GoldenOrder on November 22, 2017, 12:29:20 PM
The main reason probably is because BCH is nonsense. Anyone switching from BTC to BCH will lose in mid- and long-term.
The reasons for that are quite simple:

1) There haven't been any tests on how the whole network reacts to 8x higher blocksize. BCH didnt have any "big blocks" yet. There are currently at about 20-50 KB (!).
No considerations have been made that 8x bigger blocks mean 8x bandwith, storage and verification time is needed. So this may work out.. but it could also equally not work out and completely collapse.

2) An on-chain scaling is not scalable. It may be enough for the next 3-5 years. But whats next? Change blocksize to 16, 32, 64 MB ? If blocksize gets increased even more a lot of bandwith will be only
used to keep the BCH network alive. And additionally the verification time of one block will exceed the average time it needs to create a block. This will lead to extreme(!) centralisation, because only miner
with super computer will be able to verify the 'old' block and mine a new block before "standard" miner have verified the last block.

BCH is doomed to fail. Wheter it will happen when blocks reach 6-8 MB, or later on..
The only tangible scaling solution would be to add a second layer "onto the blockchain". Thats where the lightning network comes in play.


Wow man, you sure know your technical stuff.  :o


Title: Re: Why is BCH not King?
Post by: jacobmayes94 on November 22, 2017, 12:33:07 PM
See the sheer block size that would need to be implemented if you do the maths, and you see the magnitude of the problem.

i agree with some of the things you say but i am not yet convinced about either one of the solutions that are being proposed.

things are never as easy as just increase the block size and be  done with it. increase by how much? the 8 MB of BCH? if we assume your numbers are correct that is 8*7=56 tx/sec that is still nowhere near 2000.
so what will we gain with that kind of increase? we just made running a full node 8 times harder.

i say on chain scaling is needed but i ask myself by how much? we can not have 500 MB blocks which is nearly 2000 tx/sec
that is where Lightning Network comes in. although that is less centralized than on-chain scaling but it is a solution to get that much tx/sec.

You see i can agree with this statement as well, which is why i had mentioned about some 'serious thinking and implementation' as larger blocks is not the 'best' solution either, BCH being a band-aid in the same way to the problem you talk about.

There is a careful balance to be struck, and I will admit, I have little clue as to what could be the best solution, simply increasing block size to approach that level isn't viable for the reasons we both stated, off-chain solutions have their own problems but are a potential possibility, like the lightning network.

I am unsure how this will play out in the long term, of course and that is if BTC is to be used as a currency, not a 'store' of value, in which case smaller blocks will suffice. Basically its picking the road it will go down.

Most of the endless 'bitcoin forks' have not put enough effort into this problem, but are merely an attempt to play games with money, Bitcoin Gold proposed ASIC resistance, yet had an insane premine :)

It is curious to see how this problem will be solved, it is no easy problem to solve. Ethereum will have the same problem re. how many smart contracts can run as they all use the entire network nodes to execute each piece of code.

The blockchain has changed the world, now it needs to scale :)

Often backlogs of transactions are 'caught up' during quiet times, but when used heavily daily, 'quiet times' may become non-existent and thus there would be a constant 'defect'




Title: Re: Why is BCH not King?
Post by: AgentZero23 on November 22, 2017, 12:37:39 PM
Most of the people in who have invested lately in bitcoin really only know of bitcoin and not alts. As they learn more about cryptos they will probably move to bch.
Even if they have the knowledge about cryptocurrencies. They will choose to invest in BTC. Because it's the main cryptocurrency and trusted by many investors.


Title: Re: Why is BCH not King?
Post by: tree1100hn on November 22, 2017, 12:39:00 PM
BCH has its own advantage of confirming speed, confirming slower than the BTC network, which is not related to his value, and now BTC is a high-value asset class and is favored by many IFCs. As for the a few days before the skyrocketing, you can be seen as a retaliation for people underestimating BCH.


Title: Re: Why is BCH not King?
Post by: hasmukh_rawal on November 22, 2017, 12:41:21 PM
First things first, Bitcoin cash is a scam coin. Everybody knows that since the moment it was created after forking Bitcoin it was pumped and then dumped hard. While it is normal for a coin to pump and dump at the beginning of its launch BCH was pumped more than one time.
It was also used as a weapon against Bitcoin to manipulate its price, which effected the mid level traders very much because of its hard dump.
How can such a coin become a king when BTC is here.


Title: Re: Why is BCH not King?
Post by: Spendulus on November 22, 2017, 12:58:57 PM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Bitcoin and and bcash have completely different views for the future. Bitcoin is evolving as a digital commodity, and bcash is just trying to pursuit the new payment method option. Bitcoin is way ahead of every other cryptocoin out there, if we talk about the digital commodity path. Institutional money is cumming to the market, so bitcoin is on it's way to become a new asset in Wall Street. No other coin is getting any attention from big investors, like BTC is. Except for maybe ethereum, but for completely different reasons, since ether works more as a platform to invest in "start ups".

As for bcash, like I said, is completely focused in being a form of payment, so it's not really competing with bitcoin. Is actually competing with dash, or monero, and to be honest I would prefer any of these two in comparison to bcsh. So for me, the only reason we see bcash this high, when we compare it to dash for example, is because it is taking advantage of the "bitcoin name".

As for technology, it is ahead of bitcoin right now, in terms of transactions, but again that is not important for BTC right now, because it is evolving as "digital gold" and not a payment option. In the future, the Lightning network will be a much better option for scalability than the block increase, so bcash will continue to struggle, and BTC will be able to move as a well establish digital asset, to a form of payment.

For me, this is the reason why bcash is not king, and never will be, and I still think it will probably fail as a form of payment, when compared to the other options out there.

Reasons why bitcoin is king don't matter if fees are so high that competition rushes in. Now it's here.


Title: Re: Why is BCH not King?
Post by: vv181 on November 22, 2017, 01:13:29 PM
Most of the people in who have invested lately in bitcoin really only know of bitcoin and not alts. As they learn more about cryptos they will probably move to bch.
Even if they have the knowledge about cryptocurrencies. They will choose to invest in BTC. Because it's the main cryptocurrency and trusted by many investors.
Agree, Bitcoin and its community are ideologically committed to supporting something close to its original design. Bitcoin is the root of the digital currency, it's kinda hard to see a technology who started the digital currency revolution to be replaced or abandoned. even though there is an attempt to replace it, the early investor is kept loyal to bitcoin. The problem is a people that are new to a cryptocurrencies scene, they didn't know well everything so they get easily FUD and wondering which is the real bitcoin. that's is why any bitcoin fork is kept sustainable until now and the greedy miners, they only think about profit so, in my opinion, bitcoin is flawed since bitcoin cash created it allows miners to flip-flop between any coin so it detains the bitcoin development.


Title: Re: Why is BCH not King?
Post by: heureca on November 22, 2017, 01:19:00 PM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Mostly it depends on miners - currently the majority of miners vote for BTC. At the same time BTC is like a gold or invesment tool now. So investors are interesting in BTC popularity but not the BTC value as criptocurrecny.


Title: Re: Why is BCH not King?
Post by: audrey12 on November 22, 2017, 01:19:20 PM
It is simply because none of this alts were able to provide a good reason for them to replace bitcoin in the market also people were able to put their trust over bitcoin and that's difficult to replace. As long as the demand and market of bitcoin continue to succeed people will go over bitcoin and will remain loyal to this currency other will just be an option for a short term investment with a little percentage of income were used


Title: Re: Why is BCH not King?
Post by: freebutcaged on November 22, 2017, 01:33:41 PM
No apparent reason, as it seems by many newbies nowadays mate, the long version of it is boring, short version is the obvious reasons, Asicboost is

Still active on Bch, mining difficulty was manipulated to attract miners under false pretence , honey to trap the bears.


Title: Re: Why is BCH not King?
Post by: freightjoe on November 22, 2017, 01:35:05 PM
mining difficulty was manipulated to attract miners under false pretence , honey to trap the bears.

that is the same with Bitcoin


Title: Re: Why is BCH not King?
Post by: jagdeepjd on November 22, 2017, 01:36:38 PM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

BCH is faster and cheaper now because it doesn't have anywhere near the same amount of traffic BTC has to cope with. Bitcoin core are 100% on the right track, they have Segwit so it can scale and still keep the network secure. Bigger blocks are not the answer right now. Once Segwit adoption improves Bitcoin will be ready for the future. BCH is Bitcoin 2010. BTC is Bitcoin 2017.


Title: Re: Why is BCH not King?
Post by: aratakan on November 22, 2017, 01:39:15 PM
bitcoin is like real coin. and other is imitation.
bch include in altcoin, so it imitation.


Title: Re: Why is BCH not King?
Post by: Prabusiliwangi on November 22, 2017, 01:42:44 PM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

I personally only consider BCH only as altcoin. Perhaps this is what makes people less interested in BCH. But I think there is nothing wrong if we invest in BCH, because the price is still cheap with a small capital we can buy 1 BCH. Thank you


Title: Re: Why is BCH not King?
Post by: tranle789 on November 22, 2017, 01:45:30 PM
For me because BCH has not been officially recognized by the community because BCH is only interested in major investors and development cooperation. In the future if the BCH can attract Bitcoin investors to the BCH, this is surely a new revolution for the BCH.


Title: Re: Why is BCH not King?
Post by: frowsiter on November 22, 2017, 03:31:12 PM

Well because BCH is not capable of holding the whole crypto community at its finger tip which is the act done by the bitcoin through these 7 to 8 years. Obviously it is bitcoins hard work which is paying off the investors and bitcoin cash is just another currency which is being pumped artificially in the same way as other alts are done in the first place. Believe me this is not the way it works for any king currency. Most of the users of BCH we screwed on the day when they came to know that bitcoin cash was pumped and it is being going down now as there was no fuel left for it to keep that much high. ;-)


Title: Re: Why is BCH not King?
Post by: LancienMaleAlpha on November 23, 2017, 07:20:52 PM
BCH is just an altcoin because it's just a clone which is not really popular by the way. I think it's gonna be down some time later.


Title: Re: Why is BCH not King?
Post by: Feuerbach on November 23, 2017, 09:40:05 PM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0
Bitcoin is better than Bitcoin Cash. The BCH was probably made only to increase demand for bitcoins and for speculation.


Title: Re: Why is BCH not King?
Post by: JaredStein on November 23, 2017, 09:46:31 PM
BCH is not king because BCH is a scam. It's a copy of the Bitcoin source code and pushed by virtual hustlers criminals. They are criminals because they are defrauding people. On Bitcoin.com which is owned by Roger Ver who is a major part of the Bitcoin Cash scam, they are offering Bitcoin Cash wallets called Bitcoin wallets. This is going to end up bad for it, never mind king.


Title: Re: Why is BCH not King?
Post by: ladydark on November 23, 2017, 11:56:32 PM
BCH would never be a bitcoin.It is just an altcoin now which was created when trying to create a clone of bitcoin.It does not have any unique features.It has not been yet accepted as payment any where.The only thing is that it is being backed and pumped by the big whale bitcoin antichrist roger ver.BCH has not yet handled high volume of transactions as bitcoin and if it does,it would surely collapse.


Title: Re: Why is BCH not King?
Post by: Hamstead on November 24, 2017, 01:37:21 AM
BCH is just an altcoin because it's just a clone which is not really popular by the way. I think it's gonna be down some time later.
Competition is always go along in the market. Though BCH shocking rise happen in fast few days but it really don't compete to bitcoin popularity and trust by most investors. Because everyone believes that BCH is totally nothing compared to bitcoin and it could be possible that will last for long.

Actually, BCH is considered as an altcoin and not intentionally created to replace bitcoin. Bitcoin is already making a great history and all coins created after is just a way to make a huge competition in the market and making crypto world very popular today and for the coming generations.


Title: Re: Why is BCH not King?
Post by: Leodalat on November 24, 2017, 01:43:59 AM
Simply because BCH was born from BTC, therefore BCH can not replace BTC
And I believe the BTC will be 25,000$ by the end of 2017 then go to 50.000$ at 2018


Title: Re: Why is BCH not King?
Post by: Stef9292 on November 24, 2017, 01:46:36 AM
Because bch is the son of btc. Maybe in next future bch can overpass btc but will not that easy. Bitcoin is the crypto gold, how you can beat it?


Title: Re: Why is BCH not King?
Post by: regsintered on November 24, 2017, 02:45:10 AM
Compare gold and silver, and think why gold is more valuable than silver. Then you will have an answer why BTC is better than BCH.


Title: Re: Why is BCH not King?
Post by: Eros1on on November 24, 2017, 03:10:34 AM
Bch is an upgraded version of Bitcoin, it is undeniable that bch does exist value, otherwise it is impossible to bch 2000usd a, let time to witness the value of bch.


Title: Re: Why is BCH not King?
Post by: wilhb81 on November 24, 2017, 03:13:39 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Bitcoin and and bcash have completely different views for the future. Bitcoin is evolving as a digital commodity, and bcash is just trying to pursuit the new payment method option. Bitcoin is way ahead of every other cryptocoin out there, if we talk about the digital commodity path. Institutional money is cumming to the market, so bitcoin is on it's way to become a new asset in Wall Street. No other coin is getting any attention from big investors, like BTC is. Except for maybe ethereum, but for completely different reasons, since ether works more as a platform to invest in "start ups".

As for bcash, like I said, is completely focused in being a form of payment, so it's not really competing with bitcoin. Is actually competing with dash, or monero, and to be honest I would prefer any of these two in comparison to bcsh. So for me, the only reason we see bcash this high, when we compare it to dash for example, is because it is taking advantage of the "bitcoin name".

As for technology, it is ahead of bitcoin right now, in terms of transactions, but again that is not important for BTC right now, because it is evolving as "digital gold" and not a payment option. In the future, the Lightning network will be a much better option for scalability than the block increase, so bcash will continue to struggle, and BTC will be able to move as a well establish digital asset, to a form of payment.

For me, this is the reason why bcash is not king, and never will be, and I still think it will probably fail as a form of payment, when compared to the other options out there.

I totally agreed with your point of view about the differences between Bitcoin core and Bitcoin Cash. Since I'm not a huge fan of Bitcoin cash - I didn't even bother, whether to mine or trade it at all...


Title: Re: Why is BCH not King?
Post by: MakeMoneyBtc on November 24, 2017, 03:31:40 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0
Bitcoin cash in not Bitcoin 2.0. It is a clone of bitcoin wich was highly promoted as a new future coin even though it has the same principles and characteristics as original bitcoin. I would personally not invest in something that is copied, especially on long term. If ethereum would have appeared now I would have definitely invested into it because it is different than bitcoin and it has some advantages(and disadvantages of course).

Another reason why people dont move their investments from bitcoin to bitcoin cash is because bch has a bigger blocksize of 8MB wich was not proven to be good. Maybe it would survive a few years with 8MB blocks but after that they have to change it to 16MB, so only a few people can then check the last block and it would take a lot of time.Anything could go wrong and this would lead to the collapse of BCH.


Title: Re: Why is BCH not King?
Post by: tree1100hn on November 24, 2017, 03:33:13 AM
BCH this is a liar, I bought at 1ih720 highs. This estimate pulled out of chips, I became a Panxian. Alas, when you bought more than 800 U.S. dollars and thought it would still fall, is it a bit stupid? Expect BCH can reach 2,500 US dollars, can achieve?


Title: Re: Why is BCH not King?
Post by: NightWatchHKG on November 24, 2017, 03:35:02 AM
I think there is room for both... BTC and BCH


Title: Re: Why is BCH not King?
Post by: Sithara007 on November 24, 2017, 03:35:20 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

BCH is faster and cheaper now because it doesn't have anywhere near the same amount of traffic BTC has to cope with. Bitcoin core are 100% on the right track, they have Segwit so it can scale and still keep the network secure. Bigger blocks are not the answer right now. Once Segwit adoption improves Bitcoin will be ready for the future. BCH is Bitcoin 2010. BTC is Bitcoin 2017.

We need bigger blocks and you can't ignore the problem for too long. Even if BCH gets the same amount of traffic which BTC is having right now, the transactions will be still faster and cheaper (due to the 8 MB block size limit). Bitcoin is not ready for the future. It can't cope with anymore increase in the number of users.


Title: Re: Why is BCH not King?
Post by: Zuilhsa on November 24, 2017, 05:53:16 AM
Both have different perspective, bitcoin is real and BTH came out of it, bitcoin rise or drop people confidently invest in it but they fear to invest in BTH or other altcoins, they consider BTH as an altcoin, that's what bitcoin stands as the king of crypto world.


Title: Re: Why is BCH not King?
Post by: roddy5 on November 27, 2017, 02:59:52 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

The fact that investing in crypto currency is too risky people are choosing to invest to the most popular coin. Since crypto currency's price depends on the people who trust it people feels that investing on the most popular coin is the safest way to invest on it. Bitcoin will always be the most popular coin since it is the first of it's kind and no one can change that.


Title: Re: Why is BCH not King?
Post by: Indrawan77 on November 27, 2017, 03:10:05 AM
Because the value of bch still small, not a lot of people are using it, and not a single shop is accepting bch, so until BCH can compete with BTC transactions value, BCH will never beat down BTC and BTC got a huge rising this year, of course the investors will trust BTC more than BCH which is still new


Title: Re: Why is BCH not King?
Post by: nexus2k14 on November 27, 2017, 08:18:43 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Bitcoin Cash is a clone with better specification and faster transactions. BCH is controlled by few investors that can increase value artificially price very quickly (classic pump and dump scheme) We seen this not so long time ago where within 24 hours BCH jumped from below 1K to over 2000$ I think some of the big investors try to increase Bitcoin Cash value and lure miners because now is not profitable to mine. I will stick with BTC, that proved already to be one of best investments out there for a long time.


Title: Re: Why is BCH not King?
Post by: Raffielo on November 27, 2017, 08:31:36 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0
It may have been set up to appear as part 2, yet it probably was a strategic way of short term cash flow through a semi looking soft fork. There are platforms that decided to drop BCH even when it surged, might be due to the fear that it could disrupt BTC through confusion as most people are still in the fog when it comes to understanding how hard forks influence the market.


Title: Re: Why is BCH not King?
Post by: oegarod on November 27, 2017, 08:43:00 AM
It is not that bitcoin cash hasn't gained importance. It's like an party that us headed by the leader. The leader always has the importance and similar is our bitcoin. Bitcoin cash is just like a follower, maybe the impact of impact can take it similar to bitcoin but an leader will never get replaced by other. Because each has got varied features.


Title: Re: Why is BCH not King?
Post by: mindrust on November 27, 2017, 08:47:07 AM
Bcash is just another bitcoin fork... why would we switch to a centralized company token from a decentralized world currency?

Look at this shit, the dudes who forked bitcoin sell their bitcoin miners only if you pay in bcash.

That's the exact meaning of "corporate coin".


Title: Re: Why is BCH not King?
Post by: LogitechMouse on November 27, 2017, 09:30:37 AM
I can say that in just one word

"TRUST"

People have trusted bitcoin already not because its the first cryptocurrency but many people have been using it and they put their trust in it. BCH is just a fork and anytime, it can be removed (I think). Nothing can beat the original :D.


Title: Re: Why is BCH not King?
Post by: lol1yatme on November 27, 2017, 12:59:44 PM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

I personally only consider BCH only as altcoin. Perhaps this is what makes people less interested in BCH. But I think there is nothing wrong if we invest in BCH, because the price is still cheap with a small capital we can buy 1 BCH. Thank you
What should we do after buying one bitcoin cash? Simply waste our money! bitcoin cash is obviously just another altcoin which is trying hard to take place of core bitcoin and we all know that this is not possible right now and not in the coming years because bitcoin is on its way to be the best international currency of the world. Bitcoin cash is just deceiving people by having name similar to bitcoin.


Title: Re: Why is BCH not King?
Post by: Aizhen05 on November 27, 2017, 01:05:06 PM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0
Cause we know how unfair it is for bitcoin and some other coin that are much longer stays in crypto currency than thsi BCH so i think that can be the rason why BCH is not a king and still bitcoin is.


Title: Re: Why is BCH not King?
Post by: WorkPress on November 27, 2017, 01:08:10 PM
There is only one king in a jungle. BTC is the King and should remain King.


Title: Re: Why is BCH not King?
Post by: lol1yatme on November 28, 2017, 08:35:48 AM
BCH is just an altcoin because it's just a clone which is not really popular by the way. I think it's gonna be down some time later.
There is no doubt that it is gaining attention just because of similarity with bitcoin core name. This bitcoin cash is another shitty altcoin which is making vain attempts to surpass bitcoin in the race of being the most amazing digital currency.

Bitcoin is the one which is having largest customer community which is not even that of fiat currencies. Bitcoin is soon going to be legalized around the globe making other coins pretty useless.


Title: Re: Why is BCH not King?
Post by: Shrinath on January 22, 2018, 10:27:28 PM
There is not doubt that the new altcoin, BCH a new digital currency that just started its existence can “never” be placed on the throne pre-occupied by the very first “Bitcoin”. Just because of the cancellation of SegWit 2X, or just trying to pursuit the new payment method option, or just having a 8 MB block in the mempool to adjust blockchain size increase, one should not even dream about dethroning Bitcoin. You can co-exit but not be the king. BTC is prevailing for all these years and with that prevailing, it is making new standards every day. These standards are set in the forms of the approvals for BTC acceptance into transaction community that was not connected to decentralized payment before. Again, The Network Effect virtually underlies every product or service whose success depends on demand and adoption. recent developments mean that BTC is surely topping and with it comes the issue of network capacity through on-block scalability to accommodate new entrants keen on riding along the mega BTC bull train.


Title: Re: Why is BCH not King?
Post by: 1BTC EQUALS 1CAR on January 30, 2018, 08:22:38 AM
It's just a pure imitation so why? They should have created their own brand because they are just really relying on bitcoin and not on their own. It's like copying the work of others and then getting recognized as the best which is a very stupid idea.


Title: Re: Why is BCH not King?
Post by: Jetakenare on January 30, 2018, 09:51:39 AM
Because it is crap! Simple. The cabal wanted to force it on us but guess who is having the last laugh. Bch below 2000$.


Title: Re: Why is BCH not King?
Post by: Scorpion on January 30, 2018, 09:54:11 AM
Everyone views Bitcoin Cash as a joke, there's not much strong support, their community is dwindling, it doesn't compare at all to the developers the real Bitcoin has.


Title: Re: Why is BCH not King?
Post by: rickyling on January 30, 2018, 09:54:32 AM
Because BCH is not bitcoin, period.  8)


Title: Re: Why is BCH not King?
Post by: mirawantirinjana on January 30, 2018, 09:59:25 AM
because until now the price of bitcoin is still number one, its price remained above the sky although it decreased, therefore probably the reason some people do not move from bitcoin


Title: Re: Why is BCH not King?
Post by: Dexion on January 30, 2018, 10:04:37 AM
yes, BCH is a fraction of the BTC fork, and has a high value. but I think spreading and the volume is still a little and weak. maybe one day after bitcoin runs out, then people will move to BCH. investing,trading and also making transactions with BCH.
this will be a rivalry between BCH and ETH!


Title: Re: Why is BCH not King?
Post by: oddwh on January 30, 2018, 10:16:59 AM
Another reason maybe : this is still bitcoin which is used for almost all trading pairs, BCH still remains as all others classic altcoins, it's just another one, in fact. What can you trade with your BCH ? Almost everything, except BTC, ETH or USDT.

If exchanges would have switched their pairs to BCH, the situation could be much different now.


Title: Re: Why is BCH not King?
Post by: yuvuke on January 30, 2018, 10:21:37 AM
BTG and BCC are hardfork bitcoin and they are dead, BCH is next


Title: Re: Why is BCH not King?
Post by: boba_kate on January 30, 2018, 10:23:09 AM
it's hard to understand why forks don't reach such popularity as bitkoin. may they haven't strong marketing strategy? in the presence of such serious advantages, bitcoin would have to stay in past.  ???


Title: Re: Why is BCH not King?
Post by: gesdan on January 30, 2018, 10:25:40 AM
i think becauae bitcoin is the most popular coin, so other coin can't change the bitcoin. bitcoin is the most popular coin right now and the firat cryptocurrenciew that most people know, so i think in the next 2 years bitcoi will be a king


Title: Re: Why is BCH not King?
Post by: dinofelis on January 30, 2018, 10:31:08 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Because crypto is somewhere in the middle between religion and a Keynesian beauty contest.  You don't pick what you like and believe, you pick what you think others will like and believe.   As the bitcoin brand name is the de facto property of Core, people think that people think that people prefer the original name "bitcoin", and hence have to follow Core.

BCH is the original Satoshi bitcoin, in the same way that ETC is the original ethereum, sticking to the original principles (in BCH that is on-chain transactions, in ETC it was "the code is the law" which was the fundamental principle of ethereum).  But nobody gives a shit about principles.   Names and celebrity is what counts, not principles because what counts is selling to a greater fool that has more belief than you.

If you think 2 minutes about it, BTC is stuck in his block size and block time ; BCH is stuck in keeping transaction malleability (solved by Segwit).  Both have part of a solution, and both have part of a handicap.  When you look at LTC, it has both solutions: faster, segwit (and hence ready for atomic swaps, the true application of segwit), and no religious small blocks.  But nevertheless, LTC stays behind.  Because greater fool hopes.



Title: Re: Why is BCH not King?
Post by: dinofelis on January 30, 2018, 10:35:13 AM
it's hard to understand why forks don't reach such popularity as bitkoin. may they haven't strong marketing strategy? in the presence of such serious advantages, bitcoin would have to stay in past.  ???

There is nothing rational in this game.  It is all about names, beliefs, lies and sentiment. 


Title: Re: Why is BCH not King?
Post by: boba_kate on January 30, 2018, 11:17:40 AM
sounds like beginning of poem ))


Title: Re: Why is BCH not King?
Post by: nicster551 on January 30, 2018, 11:35:10 AM
Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

LOL. Bitcoin Cash is simply not gonna replace Bitcoin, it was been made out in Bitcoin and only an altcoin, basically people tend to hype that coin and people really got FOMO'd.


Title: Re: Why is BCH not King?
Post by: Hellobx on January 30, 2018, 11:38:35 AM
Because BCH is just a fork, that's the first point.
And BCH is the product of the miners, most of them are in the hands of the miners, so I think BCH is worthless and can't replace bitcoin.


Title: Re: Why is BCH not King?
Post by: paolo099 on January 30, 2018, 11:43:10 AM
i did not see any proof why we should switch to BCH and why is your new king!
Why in hell we should stop supporting the first coin created and the technology behind? I do agree blockchain is getting old and we need a new one with faster transactions, lower fees and so on but switching to a forked coin it's nosense.
Really, an easy and simple way to see if a coin have future is to check their community behind: if the coin is supported widely and strongly it will survive, otherwise will die in a short while and i don't see BTC community losing interest or supporting 100% another coin.