Bitcoin Forum

https://medium.com/@MishaGuttentag/coinbase-should-stop-selling-bitcoin-cash-bch-seriously-ba601d395023


Everyone, including the spammers should read that blog. I do not know who "MG" is but he has made very important points on Bitcoin Cash's predetermined attack on Bitcoin by trying to make people believe that "Bitcoin Cash is the real Bitcoin".

A simple look at the Bitcoin.com website will show this.

https://cdn-images-1.medium.com/max/1600/1*tJ6MO0rCNxmBQAxA9NmEhg.png

I know the spammers out number the real Bitcoiners by 5 to 1. But please, if you're going to spam the forum, be adequately educated and campaign for the truth. I know you spammers are here only for the money. Then help us grow Bitcoin's value by spreading the right information about Bitcoin! More money for you.

Well, yes and no. It is true that those behind Bitcoin.com want to call Bitcoin Cash the "real" Bitcoin. And they use "Bitcoin Core" to refer to Bitcoin. It would be better if these folks did not own that domain.

On the other hand their guide to buying Bitcoin, which includes a link to buying Bitcoin through a credit card (through Simplex which I assume they are partnering with), is for buying actual Bitcoin, not Bitcoin Cash.

Personally I favor Bitcoin over Bitcoin Cash, but Bitcoin Cash does not qualify as a "scam". It is a competitor.

People are going to have to get used to forks happening in this industry. Forks are a fundamental property of open source software and it is going to continue.

I disagree. If you fully read the blog, you will see how Roger Ver is trying to trick the newbies and making them think that Bitcoin has split into Bitcoin Core and Bitcoin Cash. Why call it "Bitcoin Core" in the first place? Is he trying to make them believe that Bitcoin Cash also has legitimate claim to the Bitcoin brand?

What a crafty little mole he is.

The crypto market is growing and is well known. Many people start to learn and invest in it. It helps scammers to take away other people's money easily. As you can see, many people are trying to sell the BCH and spread it like a real Bitcoin to help push prices up, sharks trying to swallow the newbie.

competitors are the 1500+ altcoins that are out there which also happen to have very unique names and started from scratch even though they forked the code from some other project. and they never claim to be "real bitcoin", they sometimes claim to replace bitcoin which is bullshit but that doesn't make them scam.
but when a coin which is NOT bitcoin tells everyone that it IS bitcoin, that makes it scam.

with that said, unfortunately the exchanges which earn money from fees,... sometimes don't care about these things. and BCH has a decent volume which makes enough incentive for places like Coinbase to keep it there.

This is not enough to drive the coin down, he may be a big whale in the early years of bitcoin but not as much again. Roger ver had always done this, promoting his idea but the community is bigger than him.

We couldn't stop that easily if you trying to pull it down then there will be a chain effect on bitcoin core. I Guess?! because there's alot of newbies coming in to join our crypto space but the brighter side here they could see that bitcoin core is the main source of all currencies.

Actually, Bitcoin Cash is not just a fork. In august 2017 BCH has rejected the instilling the Segregated Witness technology into the blockchain of Bitcoin.

You're right it may not drive the coin down but those misleading informations being shared by those websites could encourage new users to buy bitcoin cash instead of bitcoin that could result in a bad experience with their first buy.

Stop saying bitcoin core because there's no such crypto called as bitcoin core. You won't see exchanges use the word bitcoin core when they're selling bitcoin.

I think Bitcoin Cash listing and trading on Coinbase is very good and no problem at all. I do not think Bitcoin Cash is scam as you are saying here so I have no objection to trading Bitcoin Cash. Bitcoin Cash is a great source of revenue for Coinbase so they will definitely want to continue trading.

i hate bitcoin cash it slower then bitcoin actually .I mean a complete waste of time

Do you think coinbase is so dumb to put bitcoin cash in a wallet exchange ? Bitcoin Cash is an altcoins and it can be mined moreover to that it's not scam. Why people should tell about that it's a forked of bitcoin.

This, at least other coins have the decency to have their own name and brand, the devs of all those coins have the dream of surpassing bitcoin and make their coin the number one coin, but they try to do it with honesty, bitcoin cash could have followed the same path if they just forked bitcoin and renamed their coin with any name they wanted except bitcoin, but it is obvious they not only do not want to renounce the name they want to keep it to themselves.

Yeah spread the word about this gang, it helps the community and it will help yourself as well, protect your interest and don't let someone destroying it...
Also, if you are on twitter, post just one tweet (more is welcome) with the article above, using the hashtag #BTrash #Bitcoin etc
the gang is quite active there to lie to people

Because Bitcoin's qt-wallet literally says "Bitcoin Core" when you load it? It was the Core team that named their coin "Bitcoin Core".

though bitcoin cash is not the chain that merchant tools follow right now and thus those wanting to spend bitcoin with merchants wont get the result that they want by moving bitcoin cash about.. i do have to say this

segwit chain is no better either. merchants have dropped using segwits chain by the 10's of thousands of businesses..

but anyway, reading your quote.. are you trying to say that bitcoin core has a legitimate claim to the bitcoin brand.

if so then you have failed the true understanding of bitcoin.. NO ONE should have claim to the brand.
but if you want to defend that core own bitcoin and any other team is just counterfeit. then you have given decentralised control over to an organisation who pretend to be random people..

what if coinbase decided that segwit core was the code that is not anything like the legacy bitcoin ethos and thus merchant tool services like coinbase and bitpay took segwit off their listing..

what if there was a big mega bug that was a threat to both segwit and x2 block formations. and both sides had to downgrade back to legacy block formations and transaction formats.

think beyond the team organisation defence and think about the utility and functionality.. because right now
segwit:
does not allow good flow of transactions onchain
does not meet merchants needs of cheap transactions
does not do what bitcoin was suppose to do that it did do in 2008-2014

right now the community is stuck at the(using social media analogy) myspace vs AOL members area.. it has not even got to the facebook era. in short w are still at the innovation stage, not the mainstream utility stage.

please dont reply with a segwit/core standard scripted defence . and think only about the utility of bitcoin and what is best for utility.. not whats best to kiss dev teams ass.

after all merchant tools like coinbase and bitpay could by utility and functionality decide that segwit is not the bitcoin advertised in 2008-2014 because merchants cant really use the segwit based chain due to many many reasons. and as such is affecting merchant tools services profitability.
even right now 'chuck' lee is advertising the hell of making litecoin the merchant tool coin. and as such litecoin could become the facebook of crypto, leaving all bitcoin variants as being the myspace/aol stuff left just for history books

think beyond the dev team battle. think beyond the kissing ass of core. think about whats most useful for the community

P.S i dont care about the team game drama.. i dont even care about which coin is the highest price. to me its about which coin is most meeting the original bitcoin ethos of allowing people to transact without barriers of entry and can be best suited to help the unbanked and those just wanting to cross national borders unhindered by the banking system.

Look, I dislike Bitcoin Cash and I think its fundamentals are shitty -- highly centralized/concentrated mining, bad scalability roadmap, small community, etc. Some people like Roger Ver are marketing it deceptively. But it's just a fork of open source software. It's a live blockchain with active miners, user base and community. In my book, that's not a scam, and it's not incumbent on Coinbase to remove it.

This is all moot, anyway. If anything, Coinbase has made it clear that it's going to add coins. Expecting them to de-list BCH is only realistic if its volume drops enough to warrant it.

People often say that Bitcoin's future changes are up to the users, not some dogma like "Satoshi's vision." I agree with that. But "Bitcoin users" is a diverse set of actors, and increasingly so over time. What happens when different camps disagree about forks? Each side calls the other a "scam" and demands that exchanges de-list the other? That's not the spirit of FOSS and it's not the spirit of free markets.


Well said.

I would normally agree with this, but I would argue that calling Bitcoin Cash just Bitcoin, which is what they want to do, is pretty scammy in itself. Legit competitors would want to distinguish themselves, not take over a name. Google never claimed to be Yahoo.

That being said, why would Coinbase delist Bitcoin Cash? Everyone should be able to choose which coins they wish to use, even the ones whose vision we don't agree with. Anything less than that is censorship.

Perfectly said all coins are shown as altcoin to bitcoin then why not use bitcoin cash and coinbase have rights to list coin of their choice where ever they will see the profit they will list coins

You seem to be in favour of bitcoin cash supporting it's tricks of getting benefit of the goodwill earned by the bitcoin in the minds of millions of investors.  If the intentions are good why not create their own brand image.  Why take advantage of someone else' efforts.  
New entrants will definitely be misguided by the name they are using; so the intentions are clear that they want to collect funds in the name of bitcoin, if it is not a scam then definitely it is the dishonest way adopted to misguide the investors.

Yeah that's exactly what he is trying to do. And some new investor have fallen for this and bought BCH instead of BTC, saw a post about this on r/Bitcoin just yesterday. bitcoin.com is causing the most problem, since it has the bitcoin name in the domain new investors believe  its the official website of bitcoin, and believe whatever is written there.

Is that it? Then would you agree that Bitcoin Cash has equal claim to be the real Bitcoin is the so called "Bitcoin Core"? There is no such thing as "Bitcoin Core" because it's the only Bitcoin. The big blockers decided to fork away and called their altcoin Bitcoin Cash.

I have no problem with that. But when they start confusing the public and start implying that Bitcoin Cash is the "real Bitcoin", then we have a problem.


I will get back to you, too long. Hahaha.


But if Roger Ver starts to make the public believe Bitcoin Cash is the real Bitcoin then he is scamming.

It's pretty safe to say that Roger is a scammer now. I think most of us can agree that Bcash's backers (Roger Ver, Jihan Wu, Calvin Ayre, Craig Wright) are scammers. But we also have to come to terms with a few things. For example, Bitcoin Cash =/= Roger Ver.

They have a pretty dedicated community. Sure, I think a lot of them don't understand Bitcoin's mining incentives, but that's irrelevant here. If they want to run Bcash, they should be able to. If they want to believe Bcash = Bitcoin, power to them. Bitcoin is either open source or it's not. Period.

There's nothing wrong with steering newcomers away from Bitcoin Cash. But I think lashing out at third party services is a waste of time. Coinbase has shown time and time again they are here for profit -- not to support your vision of Bitcoin. And that goes for most if not all exchanges. They're just here to make money off you. And adding more shitcoins is the best way to do that.

Great writing.. I always though this thing smelt fishy  :-\ Ill keep an eye out

Well bch does have redeemable features and i don't think it's a shitcoin, it will have it's use. It's just that you're right, roger ver was able to take make a lot of people think if btc core is the real bitcoin and jump ship. He certainly made big money from those people that transferred and i don't believe he doesn't keep btc's to himself anymore.

that is the key point of all this!
people like Roger Ver or even Coinbase for that matter don't care about bitcoin. they are business men trying to make money from bitcoin. Ver saw a very good opportunity to make a lot of money out of thin air and grasped that opportunity with both hands and started bitcoin cash. each time there is a pump or dump he is getting richer.

https://twitter.com/JoanOfArkCoin/status/975923430649364480


Hahaha. He said it!

Bitcoin entrepreneur Jonathan Hamel in attendance, and talking in front of a Canadian Standing Committee on Finance panel. Watch the video in that twitter post.

But one of the things that Bitcoin Cash is planning, that I believe should also be done in Bitcoin, is expanding the Opcodes.

https://en.bitcoin.it/wiki/Script

Bitcoin must not stay too conservative. My humble opinion.