Bitcoin Forum

Please clarify. Is Bitcoin Cash the same as regular Bitcoin? It seems to me that awhile ago Bitcoin owners were being encouraged to move their Bitcoin into Bitcoin Cash in order that they might receive twice as much return from it than if we left it in Bitcoin. Is that still the case?

You can find a series of discussion in this thread relating to bitcoin vs bitcoin cash https://bitcointalk.org/index.php?topic=2059675.0 (https://bitcointalk.org/index.php?topic=2059675.0). Going through the same get you perfect understanding about what bitcoin and bitcoin cash is all about.

bitcoin cash is just an altcoin that copied bitcoin's ledger and UTXO set. if you were holding bitcoins when the fork was launched in august 2017, you received an equal amount of bitcoin cash to the same addresses.

it's definitely not the same as bitcoin, which is why it's worth so much less.

It worth mentioning that some of BCH supporters advertise it as "the real bitcoin", "better than bitcoin core" and so on.
But OP should learn that advertising is not necessarily the same as the reality and we can also help by telling that this is false advertising.
Indeed, BCH is not BTC, BCH is just an altcoin.

You must be confused about the fork (you basically create a copy of the coin, and you can change whatever you want to change in the protocol) that happened. People were encouraged to move their BTC (Bitcoin) to a wallet they actually control, so they can claim an equal number of BCH (Bitcoin Cash) when the fork happens. This has already happened so there's nothing you can do anymore, but if you had any BTC in any wallet you own the private keys of prior to August 1, 2017, you may be able to claim an equal number of BCH.

The others have already highlighted that they're different, but it's worth noting that they have no affiliations with each other at all (one can die while the other lives, their prices and supply are completely independent, etc.). I personally believe your money is much safer with BTC.

Do not believe all the crap you read on the Internet, because a lot of the BCash people wants to market BCash as the real Bitcoin and that is a bunch of crap. Yes, as previously mentioned, people who had Bitcoin prior to the fork, would have received the same amount of BCash in return after the fork, so those people were encouraged to extract those BCash coins to get those coins for FREE.

That would not have doubled your Bitcoin <BTC> investment, because the BCash value is MUCH lower than the true Bitcoin. <BTC>  ;) You pay a premium for quality <BTC> and a low cheap price for trash <BCash> ;)

The only similarities is that the Bitcoin Cash did copy/paste / little edit of bitcoin code and told everyone that they are real bitcoin =D Bitcoin will always stay bitcoin and users ( We ) are the owners :) Coins like Bitcoin Cash , Bitcoin SV or other copy/paste will sooner or later forgotten

bitcoin source code is open to anybody to see. it also has a license that lets you freely copy it without any obligations. bitcoin isn't owned by anybody either.
as a result in the past 10 years anyone who wanted has copied bitcoin and created their own altcoin. bitcoin cash is one of many of those altcoins.

no it has never been the case.
the difference between BCash and other forks is that those who created this altcoin have enough money to advertise it. and that is exactly what they have been doing. they fool newcomers into buying their altcoin so that they can earn more money.

Bitcoin cash, also known as bcash, is a scam project of Roger Ver, who wants people to get confused that Bitcoin Cash is Bitcoin, and buy his shitcoin. He owns the site bitcoin.com, where he publishes deceptive articles that call bcash the real Bitcoin, and he also runs wallets that make people lose their money by sending coins to adresses of different blockchains. If you are a newbie, stay away from anything that has Bitcoin in its name, aside from the real Bitcoin (BTC), from the bitcoin.org site. Also stay away from @bitcoin on twitter, it's a scamming account.

Yup! I agree, And right now many newbies like OP don't really have any idea that Bitcoin Cash, Bitcoin Diamond, Bitcoin Gold, And the names go on and on that have included bitcoin in its name think that Bitcoin and many Altcoin like this is related, Well they are really related because Bitcoin is their father and the market that support their value is truly Bitcoin But all of them is just Altcoins that are just created because of the event called Bitcoin Fork,

Please carefully read all the replies above, actually, you're pertaining to the hard fork which was held on 2017 August.

To add this, you can only get those BCH if and only if you control the private keys or recovery seed of that wallet. Though most of the exchanges supported the forked coin but there are some who didn't.

I think that BCH is not trying to capitalize on the Bitcoin brand. It’s trying to save the brand which is being destroyed by people who no longer believe in it. Bitcoin is peer-to-peer electronic cash offering fast, secure, and reliable global payment with low fees. At this point, support for BTC is a bet on a company, while supporting for CS is a bet on a decentralized protocol – the original blockchain crypto. Just saying that because I really like this project and believe in it

The smart move would be to invest in both coins.  BCH is still performing very well and it is easier for lower marketcap coins to pump because of the lower economic mass.  It is even more volatile than Bitcoin, it already did a 6x from the yearly low while bitcoin only did a 4x.

To further add  :P

Before claiming any fork coin, make sure you move your Bitcoins to a freshly generated private key, then wait for a few confirmations so that you know your funds are safe and sound. Most clients of altcoins such as BCash and BSV are not even remotely close to safe compared to the main Bitcoin clients. Better safe than sorry.

Investing in a scam coin such as BCash is smart? If you're out to book gains, go for an even lower cap altcoin, because by your logic it will pump even harder.

It's almost the same with one difference, it's block size is 8x higher than bitcoin core. On another hand it doesn't have as much support and acceptance as bitcoin has. One major difference is that behind bitcoin cash there are people who have very shameful propaganda against bitcoin, for example Ver Rojer. He owns bitcoin.com and lies people that bitcoin cash is the real bitcoin,it has better and more opportunities and etc. You see the place of bitcoin cash on coinmarketcap, it's forth, people trust ripple more than bitcoin cash and that makes rojer very anxious.

It is absolutely not. Bitcoin cash aka bcash is a fork of bitcoin or better still it was cloned from bitcoin. I have never used the applications  built on the coin due to this reasons.  I will encourage you to avoid them too  until they begin to identify themselves as separate from bitcoin

Bitcoin Cash is a fork created from Bitcoin, which is so because some people believed that BCH was a better version of bitcoin, yet consensus was reached and a lot of people stayed on BTC and only a few proceeded on BCH, hence the split of the two chains. There are a few differences of bitcoin and bitcoin cash, though primarily block size was the culprit on the split since BCH believed in big blocks, while BTC remained loyal to the 1MB block until SegWit was activated on August 2017.

Note: you do not receive double coins, you receive coins of BTC and BCH prior to the split in block #478559. Moving forward, the two are complete separate entities.

I guess OP is Bitcoin Cash supporter base on his first post, see his post history.

Take it from most answer that bitcoin cash is just another altcoin on the crypto market that copied bitcoin's code.

How did you come up with this idea? bitcoin cash supporters will sell their bitcoin for this altcoin. But don't generalize that each bitcoin holder is dumb to do this.

I have no plan of selling my bitcoin for this altcoin.

bitcoin cash is a hard fork in bitcoin you can say its just another altcoin
you can use bitcoin in different platform while in bitcoin cash you only have limited option

From my point of view, bitcoin cash is just an alt coin with a lower return of investment. It is not the same as bitcoin but it has some similarities. Nonetheless, you should just focus on holding bitcoins for now and don't let them fool you to moving into alts.

Bitcoin cash is the result of a Bitcoin fork. There are also other things like that, similarities and differences I don't think are much different. People only care at the beginning of forking because usually it's quite profitable

Bitcoin cash is a fork of Bitcoin but it's a mix of some inherited features of Bitcoin and some newly invented feature which make different than the Bitcoin. BCH stands with its individuality in the crypto market like other altcoins.

BitCoin was the currency which was created by Satoshi Nakamoto, the original bitcoin, when the bitcoin cash was forked everyone was holding the same no of BCH of the BitCoins btc to bch (https://coinswitch.co/coins/bitcoin/bitcoin-to-bitcoin-cash) ratio which you got was the same, it was 1:1 i.e for 1 BTC you got 1BCH.

• The technical difference between Bitcoin Cash and bitcoin is that Bitcoin Cash allows larger blocks in its blockchain than bitcoin, which in theory allows it to process more transactions per second.
  
• Bitcoin is a cryptocurrency that exists within a network of computers, within the blockchain.
  Bitcoin cash was started by bitcoin miners and developers concerned about the future of the bitcoin cryptocurrency, and its ability to scale effectively.

But it's useless because we are working on a speculative market, maybe for many people "stupid with bitcoin cash drama" because they are more concerned with getting profits. Bitcoin cash is only a coin from a bitcoin fork, so there is nothing special in it except full speculation.

- that is barely a "technical" difference. it is instead a flaw that BCash introduced in their altcoin. and their chain realistically has blocks that are 1/100 of bitcoin block size since bitcoin currently has blocks that are around 1.2 MB while BCH has blocks that are around 0.01 MB
- wrong, it was created by a small number of people who wanted to take over bitcoin and centralize it

I know Bitcoin cash is a fork of Bitcoin but I just found out that this coin is a scam project. I don't really know about this coin, which I'm surprised why people keep buying these coins on exchange sites. And also I just found out the sites belonged to him, really a very good plan. They can fool people with their posts on their sites and social media accounts as if they were the official of Bitcoin.

Are you serious or are you just trolling :D. There are thousands of shit coins in the market and people might find it better than the rest of the shit coins and may be that is the reason people are trading it in exchanges  :P :D.

If the promoters of BCash are not trying to promote it as the real bitcoin then why would they come to conferences and try to establish that they are the real bitcoin, so what you are trying to claim here is a lie that they do not need the brand name. There is nothing wrong in liking a project and supporting it but always try to come up with the truth ;).

Roger worked hard to achieve this strange status where newbies are asking in confusion which one is the real bitcoin. Is bitcoin cash the fork of bitcoin? Which one is better?

In 2017 most people didn't know BCH or didn't care. It wasn't even clear if it's BCH or BCC. Now a shitcoin is compared to the real bitcoin and people don't know which wallet to download all thanks to bitcoin.com.

If you look from a traders perspective then he would say which ever Coin is going up that needs to be bought. But, for holders it is better to convert bitcoin cash to bitcoin (https://coinswitch.co/coins/bitcoin-cash-abc/bitcoin-cash-abc-to-bitcoin)

Source: https://coinswitch.co/coins/bitcoin

Relationship of Bitcoin with Bitcoin Cash
There are many debates that support Bitcoin from Bitcoin Cash. One of the biggest things about Bitcoin Cash is network security. Bitcoin has a network that has chains that have been built from genesis blocks in 2009. Bitcoin has the largest number of proofs behind books from miners who use networks and validate transactions.

Decentralization is another argument which is the core of Bitcoin versus Bitcoin Cash. Larger blocks used by the Bitcoin network Cash makes the mining process require more computing resources. This results in end users who need a more centralized group of miners to validate transactions, including a higher element of trust in these more centralized miners. And the system that can do the approval, is one of the main points of the Bitcoin protocol.

Bitcoin is the dominant cryptocurrency in all cryptocurrency. At the time of choosing, this accounted for more than 55% of the total market capitalization of all cryptocurrency. Most developers, users, and communities have the biggest project contributions and discussions. This is what determines its dominant position in terms of market capitalization. The Lindy effect theory will also give Bitcoin the greatest chance of survival and identify it as the strongest cryptocurrency. The Lindy Effect is a controversial theory that is applied to non-perishable items that predict the life difficulties of these items compared to existing time subscriptions.

Bitcoin cash is nothing but a fork of bitcoin. It's just an altcoin that has made a lot of persons to loss much fund because it's been promoted with a bad motive by strong supporters deceiving the gullible that it's the original bitcoin.

I like it how you say "Bitcoin owners" :) Do you think there is a well-defined group of them?

As they used to say, Bitcoin Cash was born on the wrong side of the bed sheets, so it will never inherit the family castle.

No bitcoin cash have nothing in relation to bitcoin their both have they separate team and bitcoin is the original version of it self any other addiction is an altcoin.

Bitcoin and bitcoin cash are different in terms of technicality, bitcoin has segwit and 2 mb blocks while bitcoin cash boasts their huge blocksize and also, they have different teams but they have the same whitepaper which came from Satoshi.Bitcoin Cash was created after block size wars drama came to an end Jihan Wu and Roger himself was very disappointed to outcome and decided to hard fork. It seems like Roger Ver is fooling newbies that the real bitcoin is bitcoin cash on his website anyways stay away from that project they are scammer even Roger Ver himself promoting his scam project that is a real bitcoin

Bitcoin Cash cannot grow well for a long time already. Because of this, this cryptocurrency is mocked at in the crypto community. Its second unofficial name is Bitcoin CrASH. Despite this, investors believe in this asset and it is very popular due to its high volatility and the ability to make money on it. besides, Bitcoin Cash is not going to give its 3rd place to any other crypto yet.

i think you are referring to hardfork didnt you ?  because hardfork exactly worked that way  . the act that obtaining more balance in order to recieve more free coins or forked coins.

that was before when btc is undergoing into its hardforked which was bitcoincash but today there is no upcoming hardforks reported to btc or bch but you can try to look up on other coins. 

 now to the question that if bch is the same as btc ? no they are different.   they only have a slight simillar spelling but btc is the main coin while bch is only an altcoin. .

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Please clarify. Is Bitcoin Cash the same as regular Bitcoin? It seems to me that awhile ago Bitcoin owners were being encouraged to move their Bitcoin into Bitcoin Cash in order that they might receive twice as much return from it than if we left it in Bitcoin. Is that still the case?
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Bitcoin Cash has cheaper transfer fees it almost around $0.20 per transaction, so making transactions in bitcoin cash will save you more money than using a regular bitcoin. A transaction in bitcoin can cost around $1 USD per transaction. Bitcoin cash has faster transfer times. Which means you don’t have to wait a several minutes it takes to verify a Bitcoin transaction. Bitcoin cash can handle more transactions per second. This means that more people can use bitcoin cash at the same time than they can with regular bitcoin.

Bitcoin Cash is a result of the hard fork that happened in 1st August 2017 where people decided to increase the block size so as to allow faster and cheaper transactions.  Bitcoin Cash was initially popular but it seems to have faded into oblivion and it has further separated into two separate coins already since it split from Bitcoin Core.

Bitcoin cash is just too 4 coin made by a loser who tried taking over Bitcoin. Well maybe he had good intentions, but they are ultimately wrong. Bitcoin is the king and is here to stay. And people who are deceived by Bitcoin cash, despite their good intentions or thoughts or opinions, will eventually lose in the end. 4 coin made by a loser who tried taking over Bitcoin. Well maybe he had good intentions, but they are ultimately wrong. Bitcoin is the king and is here to stay. And people who are deceived by Bitcoin cash, despite their good intentions or thoughts or opinions, will eventually lose in the end.