Bitcoin Forum

We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.

Nobody can ever predict the future...you can be right that eventually Bitcoin can be replaced by BitcoinCash or maybe there would be another new cryptocurrency that would kick them both or maybe Bitcoin will continue on its reign as the supreme and the number one cryptocurrency making all other contenders to be just alternative coins.

I have no problem if ever it will be BCH who can take the lead...basically I really don't care as we can all make some adjustments but for now it is not yet happening and personally I don't see why it would be happening that way. There would be another hard fork coming in November which can give birth to another daughter to be named Bitcoin Gold. we don't know how will this another split coin from Bitcoin would be performing but let's give it a chance the same thing we did to BCH.

As for me nothing can still replace Bitcoin and you know it, right?

Different government are banning crypto exchanges and use of bitcoin as legitimate way of payment because they are afraid that one day bitcoin can replace usual banks and their local fiat will be worthless rather than because confirmation on bitcoin transactions are slow.

BCH is just another clone of bitcoin and many are holding millions of free BCH to dump everytime price will pump. It is not stable like bitcoin and there is not much demand for BCH.

I don't think BCH will be differently faster than BTC. It's not being used by the people now. When people start to use BCH, it will be much slower than BTC for sure.

Please provide proof of "BTC blockchain slowing down radically"

that's what you choose. but lots of different people do not. yes BCH is a nice breakthrough. but I prefer bitcoin. because of course the value is very far. that's the difference. whatever your reason

Bitcoin Cash will never be the future. It just won't happen.

Maybe bitcoin gold will be the next one nr1?  ;D  no.

Anything is possible, but I wouldn't put all my eggs in the BCH basket. The reason bitcoin is slow is because people are using. Bitcoin Gold is coming out in a month, and it will definitely throw investors off.

My bets are on Litecoin being used for most day to day transactions, BTC will be the digital gold used for high value transactions only, won't need the speed, focus on security. The BTC forks will die slowm deaths

I don't actually get what you are trying to tell but i guess LTC today is now underrated. It is one of the oldest crypto currency today yet its progress is still stagnant. Btc is for any transaction as long as you pay certain fee then it is fast and reliable. Btc forks are made to upgrade the blocks for ease of the miners and other deeper explanation but fork doesnt necessarily means the downfall of bitcoin.

The future is anything that works, bitcoin status quo is working well right now and I don't think it will change in the future.

If bitcoin cash will be the future do they have  what it takes to be?

fact of the matter is that theres over 1000 digital assets running around and theres talk of a gpu mined version of bitcoin that still isnt out. personally i think there is still space for both bch and btc. i think you just saying that bch is the future is you brining pure speculation in the mix.

I don't just think, so. I can not agree with you, especially that BCH was not even here for long since it was a new altcoin. And I don't really think that people will shift to BCH for as long as BTC, ETH, and LTC are there. I would still prefer ETH and LTC over BCH, especially that another rumored forking to BTC will be made, resulting to the creation of BITCOIN GOLD. I think, the creation of BITCOIN GOLD later will significantly affect the BCH instead of the BTC.

As my friends said above nothing can be accurately predicted in crypto, so saying that financial institutions won't accept slow blockchains is like you are criticizing the blockchain and bitcoin. Bitcoin has been mass adopted very long ago and I think BCH doesn't really have the potential yet to rise as much as BTC.

"I am very long in BCH" what are trying to say dude?. Look, this is not enough reason to tell that BCH is the future, we don't have any technolohy to measure and predict the future of bitcoin, at the end of the day it will still be the supporters of bitcoin that makes bitcoin as the king of digital coins.

the real question is what makes you think bitcoin cash is faster than bitcoin?
right now nearly nobody uses bitcoin cash. the blocks are completely empty. they either only contain the coinbase transaction (an empty block) or have a couple of transactions inside. with block size of less than 100 kB.
you are comparing this to bitcoin which is processing 200K-300K transactions every day.

besides nothing is stopping bitcoin cash to have clogged up network too. it just needs a little increase in the number of daily transactions and a small super cheap spam attack to cripple the whole network.

and what have BCH really achieve? a bigger blockchain 8 times bigger than bitcoin? centralization of nodes and killing the key feature of bitcoin?

Bitcoin having many clone and this the way developer wants to extend to its potential. Bitcoin blockchain are crowded and making it slow as BCC exist many among us use it and in my opinion BCC have a quite success now as this new fork happening this November new coin related to Bitcoin will exist that they will call Bitcoin Gold like what happen to Bitcoin cash lets see what this will do to our community. In my opinion developer wants to divide us users and investors as bitcoin have a limited and few supply to the extend that it will not crash in the future. I believe that we should be adaptable in any available and possible outcome of this fork. Im on the middle of this as i support Bitcoin improvement. If any among these 3 co-related of bitcoin become leading in the future i will stay support each one of them....

Surely it will cause serious problems later as many people will not be responsible for wandering even wanting the benefits of other people's income so that the riot arises continuously in a long period of time.

If anyone remembers the good old snake game, where the snake constantly increases its tail and each time it becomes harder to manage it. So it is here.

I don't think it will be possible

even if BCH is faster than BTC, he is not enough faster!

Visa can handle 4000 transaction/second!

BTC and BCH are not the future of money but store of value YES!

Bitcoin cash has sure future. It was just free cash at the moment.

Bitcoin cash always serves as an alternate platform for the bitcoin. Its been considered as an altcoin, and it got such an increased popularity due to the splitting happening from the all time popular and the long time sustained blockchain. Hope in future it might gain more popularity, but never get similar to bitcoin.

At this time , BTC and ETH have big exchange volume ! BCH need more works for be come top coin in Coinmarkcap

Bitcoin Cash quickly became one of the top of cryptocurrencies (CoinMarketCap).

Whether it will be the future or not, and even if it is substantially faster, it will also get slower confirmation times in the long run when it is already being used by many users as many as the number of people using bitcoin today. Still even if it is substantially faster, All I care about is slow transactions being solved. Even if that is the case, i dont think it will really replace the current bitcoin that we have and use but still it is nice to divest in BCH.

First, Bitcoin blockchain is not going down radically.
There are so many transactions performed per day.
And Bitcoin Cash is yet to have the range of acceptability Bitcoin has already gained.
BCC still has a long way to go.

I am still waiting for OP to show a proof of his statement. I bet he can't.

Edit: BitcoinCash has no future at all.

that's reality mate, bitcoin cash still have a long way to go before gathering much attentions, because even we seen some delayed from bitcoin
transactions people still uses the service the reason is just simple bitcoin already gain the trust of investors and traders who played inside and
if bcc wants to gained attention as well he needed to create advance service which will drive people to take advantage.

Just see if BCC could resolve the scalability issues. Any coins that still use blockchain will eventually become very slow when it have so many transactions going around and all of these are queueing to be confirmed by the miners.
such a nonsense reason i must say. Bitcoin is pretty slow because there's so many transaction around as you say and BCC is not yet.

Bitcoin cash is supposed to be more efficient as it allows more transactions per block than the original Bitcoin. Different from the previous challenger Ethereum, the similarly structured Bitcoin Cash implies that the old Bitcoin community can move to the new Bitcoin environment at ease. Once the current rally in the price of the original turns around, existing miners may find it more profitable to switch to the other Bitcoin. More importantly, following the BoE’s argument, the lower cost of transaction translates to a lower marginal cost, thereby the inflexion point, where marginal revenue equals cost, may appear later than the original Bitcoin. Hence, Bitcoin Cash would survive longer with the lower transaction. After all, the blockchain is said to bring about security, lower cost of transaction and, above all, efficiency.

Here is the real reason why BitMain promoted the Hard Fork that created BCH, instead of doing a safer Soft Fork to accommodate SegWit2.  The ASICBoost miner software would no longer work.  Thus the 30% savings ($100 million) annually would be lost, and AntMiner would be on a level playing field once again.  Bottom line PURE GREED!!! see the link below.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f

I also think most likely, somebody will create a new and PPC and btc will end, at least I want it to be.

Yep. This post was made before Ver and Wu came out and showed their true colors. You nailed it before the fact. Nice. Bitmain ONLY accepts BCH as payment too. Sneaky lowlife bastards, those two.

Time will tell. Will need more acceptance before it can go mainstream I think but who knows in the crypto world.

I agree with you guys. This was a very smart play orchestrated by Roger Very and Jihan Wu. The horrible thing is that they already have tons of bitcoins and are still crazy about earning more bitcoins by screwing so many people around the world. Pathetic move, but a very smart move in my opinion. There are certain youtubers who had even promoted this move which caused many people to dump their bitcoin and move to bitcoin cash which obviously ended badly for them.

Bitcoin cash will never be a trustworthy coin in my opinion. It doesn't have the background that sits on a strong ground. It may look very attractive because of some sudden increases but it also has a chance to go down very fast. So that's not a kind of investment i like to make.

I disagree. This is the problem with BCH. People weren't interested in bitcoin because of its transaction speed anyway. BCH being faster than bitcoin isn't really a selling point. There are plenty of coins that are vastly quicker than both bitcoin and BCH - if you want speed you can use those instead.
What is it that BCH offers, other than intermittent pumps and an association with the name 'bitcoin'?
I am happy to be educated and proved wrong, it's just that I can't really see the point of BCH at the moment.

I laught when pirate party founder sign a letter as "Bitcoin cash CEO"... Like wtf ? They make it like a company. All power are centralized between few hands. Big whales , after pump on korean exchange, had for BCH hashpower and volume, but they did not overcome Bitcoin legacy because they ran out of cash.

I agree on your points but if you actually read the letter, you will see that the CEO thing was a satire clearly stated in the letter. lol

It is possible that bitkoyn cash in the future will take the place of the leader of the crypto currency, because the original bitcoin has big problems with transactions that have not been eliminated for a long time. It can also be that any other successful coin can take the place of the leader, which later will prove to be the best in its functional properties. Now this is difficult to predict.

Bitcoin has scaling solutions in development, the question is if those solutions will be successful and put to practice before before give up on the coin and flock towards cheaper and faster alternatives.

There is still time, but not as much as there used to be.

Bitcoin Cash is going to have a large amount of angry people that will complain when the price goes down to three digits. That coin is a scam, Roger is no genius.

Bitcoin cash is not the future, it is a different vision of what bitcoin should be and if they want to become bitcoin they will have to beat bitcoin not only in the market cap but on the amount of people using their network and at this time no one is using bitcoin cash.

Bitcoin Cash has a long way to go. And not widely adopted yet. This is crazy market anything could happen.

anyone saying it is crap or whatever should read the bitcoin whitepaper. then look at bitcoin, then look at bitcoin cash. form your own opinion. mine is that it is far from perfect or anything, but those two bitcoin versions are unfortunately what we are left with.

as far as price goes i dont think the holders expect much, and if they do for now they are idiots. this should be seen like early bitcoin days, where you did not buy bitcoin to speculate "hodl moon lambo" but to actually use it.

There is still lot of time, it is not like any of those other coins has any chance at all, bitcoin is still the dominant coin, even with bitcoin as slow and expensive as it is now people are not moving out of bitcoin to get alts what does that tells you, once bitcoin is able to manage many transactions thanks to the lightning network is game over for any altcoin trying to take bitcoin place.

Yes, Also Ethereum does have more many experiences and are more likely trusted and have so many investors in this cryptoworld. I more likely go for Ethereum than this Bitcoin Cash that creates Roger Ver (i'm not a haters of roger ver). But really? Ethereum does the one that have future to become the next if bitcoin really died

I still cannot understand these people who are seriously thinking that Bitcoin Cash is exactly this real Bitcoin we all know, and BTC is a scam to make sly financial operations. In my opinion, BCH must cost less.

I bet they don't , these people just want to make others doubt in BTC and using this to make preferences for Cash . Just business  :D

I do not think that in future Bitcoin Cash will take the place of a leader in cryptocurrency world. It will be #3, #4 or even #5 crypto in its capitalization. I am still sure it must cost a bit less, but this alt will always have pumps and dumps.

If you need a faster blockchain, why don't you go long for ETH, NEO, and other altcoins which are orders of magnitude faster than BCH?