Bitcoin Forum

They do not believe in free market economics (letting the free market decide which chain is more valuable).

Free market dictates that the BTC blockchain is the most valuable in terms of token value AND hashrate amount (security).

They do not like the fact that big block chains (BSV, BCH) have miniscule hashrate compared to BTC, which makes them prone to 51% attacks:

https://www.coindesk.com/markets/2021/08/04/bsv-suffers-51-attack-report/
https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/

Deep inside their heart they know that BTC is the only true Bitcoin, therefore they try to change it as they see fit.

They already have what they want (big blocks in forked/worthless chains), but not in their preferred chain (BTC). ;)

I hope this clears up the whole situation. :)

Actually, people are attacking Bitcoin because they are in reality supporting something else as if they can be able to diminish Bitcoin by using that strategy. They will fail, of course. Nothing can stop Bitcoin and its critics will eventually accept that fact of life. There is nothing wrong with supporting or promoting aside from Bitcoin, and that is why we have thousands of altcoins around. What they don't understand is that without Bitcoin, BCH and BSV and the rest of the gang will not be here if Bitcoin did not paved the way. No Bitcoin, no alts...that is the arrangement and not the other way around. These people are just wasting their time but then if they got nothing better to do then let's just let them so they got something to enjoy!

I use to hear people say this that what you cant become, then you become jealous of it, that is the same explanation needed in making an interpretation between bitcoin and BCH, anything that is not like the way we are are, cannot perform the same role we play, their fork is not a complete victory that they have gained access over what bitcoin is to the people and the economy, that is why BCH is nowhere to be found wherever bitcoin appears.

Far from the conspiracy theory, or they believe that Bitcoin is the real currency, and it is the same narrative that supporters of the dollar repeat, as they believe that the currency must be from the central bank to have value, and Bitcoin has no value for that. What distinguishes Bitcoin is continuous development instead of searching for Fast solutions, as both (BSV and BCH) provided quick solutions to the problem of high fees, but they did not continue to develop, which made them lose the advantage of low fees, while Bitcoin continued to develop, so it gained greater value, and the day may come when a cryptocurrency exceeds Bitcoin in terms of market value if it continues to develop.

The average person has heard of bitcoin, but the average person has never heard of BCH, BSV, ethereum, etc.  
Most people will tell you they have heard of bitcoin when asked but will say no if you ask them about ethereum or any other altcoin.

It has been 6 years since I got into crypto and I still struggle to think of anything useful you can do with ethereum other than buying stupid NFTs, running scam projects and rugpulls.

Bitcoin is a household name. No other crypto has such name recognition because everything else is worthless centralized garbage.

Why, is there still a need to clear this up? Is the situation not yet clear until now? I think this is an old issue that no longer requires further explanation and clarification. The debate has been subjected to the free decision of the market and the crypto community, and the decision is to stick to the original Bitcoin and to let these low quality copycats die a natural death. Let the developers of these forks continue to try keeping it alive but they will eventually realize it's pointlessness.

This isn't even relevant. Forks are a means to an end: making profit.

I was around when segwit was activated and it was the birth of Bitcoin cash. And at the time it was highly unprofitable to mine bitcoin and very profitable to mine Bitcoin cash.


BCH algo was different and the retarget was quicker but Bitcoin was still 2 weeks. So blocks got awfully long at times and people were worried that the chain might stop. However some loyal miners stayed on the unprofitable bitcoin chain and it survived. It was a scary time for Bitcoin.

What? Lmao. I don't think you are not telling us anything new for the people of the forum, in any case what you say may be informative for those who don't know about blocksize wars.


Well, I think that some people will think that their bitcoin (fork) is true, even if the market goes in the other direction.

You forgot to say why you started this topic, for example is there something new happening or have they started "attacking BTC" recently that you needed to clear things up here? I'm asking because I haven't seen any new attempts but also I don't follow this stuff that closely.

Technically what they wanted was control and money. They don't have the first and have very little of the second. They wanted to create a shitcoin they controlled and gain a lot of popularity to have others use their garbage.
But what they forgot was that utility is what attracts solid demand, useless junk that is a copy of Bitcoin is not offering anything new to attract that type of demand. It only attracts short term gamblers who would dump their coin very quickly.

https://bitcointalk.org/index.php?action=profile;u=400626;sa=showPosts

Why do you even care? These chains aren't relevant anymore. Even if BTC fails because of the high fees, people still won't use these possibly centralized projects. People would rather prefer to use the alts that have good reputation like Monero and Litecoin instead. (Monero is getting banned from the exchanges though) Even Doge is better than the BCH/BSV duo. Still though, if I had to make a decision between these two (bch and bsv) I would go with bch because bsv is absolute crap. It is pure insanity.

They attack BTC and want to still its brand because they are a cult that blindly follows their leaders (Ver/CSW) and because they are holding their shitcoin bags and hope that they will pump if their shitcoins "becomes Bitcoin". Some of them probably invested in those scams when they were at their peak or even just a lot higher than currently, and are now desperate to at least break even, which will never happen. There's also a good dose of conspiracy theories that attack Bitcoin devs, and everyone knows how toxic and irrational conspiracy theorists tend to be.

I didn't think it was a scary time, personally.  There have been quite a few forks over the years since I read about it during the summer of 2010.  Things that were potentially scary were the overflow bug in August 2010, but it was resolved quickly.  Ditto the March 2013 fork which also was resolved quickly.  😀. Everything else was pretty much ignored by bitcoin.

They cloned Bitcoin and call their coins as Bitcoin forks. Claim that their coins are better than Bitcoin but their blockchains have 51% attacks, Bitcoin blockchain did not have such attack so far.

Also there are estimates on cost of attacks on blockchains.
https://www.crypto51.app/

If you use blockchains, choose Bitcoin blockchain because it is a biggest and safest.
https://howmanyconfs.com/

It is and it's not gonna change it  ;D maybe there are a bunch of altcoins with their capability and so on but bitcoin would be a bitcoin, not an altcoin gonna dethrone it. The world knows crypto because the Bitcoin and it always become like that.

BCH is a good altcoin back then and I hear they make another hard fork or split team while BSV is just too centralized I just wonder why people buy this coin.

But what do they offer? a fast payment or a big block nahhhh broo there are a dozen chains nowadays with minutes or coupled seconds to finalize transaction layer 1 like eth and litecoin or even dogecoin can do it. layer 2 chain, well you can do transactions with a fraction of dollar within 1 minute approved so don't bother bitcoin just know your place hahah

There are thousands of altcoins and hundreds of Bitcoin forks but they are not comparable in security and developments with Bitcoin.

How many Bitcoin forks are there? (https://forkdrop.io/how-many-bitcoin-forks-are-there)
Dead Coins: Over 50% of Cryptocurrencies Have Failed (https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed).

I knew Bitcoin Cash used to make a lot of noise and in 2017, its price even was like half of Bitcoin price but I never consider it as a good altcoin.

If I want to use altcoin blockchains for transactions and don't want to touch smart contract blockchains, I would like to choose Litecoin or Dogecoin for my on chain transactions. I don't use Bitcoin Cash blockchain.

Unfortunately, I do not see these people anymore. I don't remember if I have seen any BSV or BCH supporters in this forum except a recently banned troll after posting in Leo's farewell thread. I guess that was the happiest moment for a lot of Bitcoiners. No matter what they say, they know that they are spreading lies. They only wake up when the market is positive. I haven't seen any of them in the last year.


Actually, the percentage is bigger than this. If we check coinmarketcap, there are 2.2M+ cryptocurrencies at this moment. How many coins do you know? I don't think there are more than 200K Crypto's. The rest 2 million crypto's are dead.

The CSW thing? Oh, I guess it is too old and insignificant that I usually forget about it :D
But yeah, it's just absurd how it is still going on since it is one of the most obvious cases of scam and identity theft where the fraudulent person has no proof whatsoever but has money to waste abusing the legal system to create a pain in the behind...

Please move this topic to the Altcoin Discussion forum, since you are discussing altcoins like BSV and BCH. Yes, BCH and BSV are altcoins, despite having the word "Bitcoin" in their names. Anyway, I don't hang around the BCH/BSV communities, so I don't know how and why they are attacking BTC. They can't change the minds of all BTC supporters, therefore their "attacks" on BTC are totally pointless. Maybe they are butthurt, because BCH or BSV didn't become bigger than BTC. Several days ago, some forum member was trying to explain how BCH/BSV was "Satoshi's true vision about Bitcoin" as if he personally asked Satoshi Nakamoto about his vision of Bitcoin. ;D

Sometimes they do that its because they put a lot of money to those projects and they think they are early adopters of that coins that's why they want to do all they can to destroy the reputation of bitcoin and shift the attention of investors going to those coin they are supporting(BSV,BCH) so that once it get a big demands that can cause a bull run just like what usually happen to bitcoin they are going to be lucky to earn a lot of money from it. We don't really know if they truly hate bitcoin existence but for sure they see bitcoin as competitor since their interest is not always been hit and they think the coins they have will not get a lot of strong community support if Bitcoin will sill succeed and exist in the market.

If I am a newbie, don't understand about Bitcoin, I can be affected by those shit coin supporters but if I have experience and understand about Bitcoin, I won't be affected by those supporters and their words.

Because I know what is Bitcoin, what are shit coins. I even don't waste my time to read any article, interview, post from those people because I can guess what they say and I am fully aware that they spread misleading information only.

I agree with you on the number. They updated that article recent weeks and we must compare information from different resources and even can do our homework from raw data.

Another report on dead altcoins.
Charting the Number of Failed Crypto Coins, by Year (2013-2022) (https://www.visualcapitalist.com/cp/ranked-dead-crypto-coins-by-year)

https://bitcointalk.org/index.php?action=profile;u=400626;sa=showPosts

It's not about BCH and BSV lovers attacking Bitcoin; Bitcoin haters always attack Bitcoin, but who cares? After delisting on Binance, I never checked the BSV price. So I don't feel BSV has so many fans right now. BCH is also not popular, so there is nothing to worry about with their attack. Their community is too small compared to Bitcoin, so they can't fight with Bitcoin lovers anyway. They can just spread FUD and nothing else. But lately, the Bitcoin community hasn't responded to FUDs created by haters. Because everyone is now aware of Bitcoin's potential.

I think it's over for this fork Bitcoin, we haven't heard about them at least in my case until you mentioned them again. And if others are not aware of, upon checking, Coinbase has delisted BSV since last month,


https://help.coinbase.com/en/coinbase/getting-started/crypto-education/bsv-deprecation

Maybe they will have their bull run this year because of Bitcoin, but I don't think that it will be as large as what the original is. So good riddance to them. And if not for those individuals who are still supporting this coin, who knows, they could be dead in the next 5 years.

In fact, for some reason I was sure that these two retarded blockchains are long dead, thanks for reminding (NOT!). I'm also not sure who would want to spend his/her time and money to attack these useless networks.  ;D 

It's just ironic because the one they are using to hate Bitcoin is forked from Bitcoin :D
It's just showing that Bitcoin itself is the real and the one that has no problem at all.

For me, there's no reason to compare BCH/BSV at all, BCH/BSV is starting to vanish.

The percentage of BSV or BCH lovers is too low. It's lower than one percent if I am not wrong. We see some Bitcoin haters once in a while. Fortunately, they cannot survive in this community due to the massive number of bitcoin lovers. When they try to spread FUDs about Bitcoin, the community reacts instantly and they stay there only if they have no shame.

There were always some initiatives from Bitcoiners to debunk the FUDs. Hodlunt's trial and the recent trial against CSW should prove that.

I unfortunately tend to disagree.  Even if they are irrelevant to us they are still massive.  Bitcoin Cash occupies the 18 th spot by Market Cap.  BSV occupies the 53 rd.  And while they should be disregarded as Cryptocurrencies, on the other hand it is in my opinion relevant and important to highlight how sad and bad these Bitcoin replicas are as a reminder to our Community that they are not Cryptocurrencies to be trusted.

Particularly Bitcoin SV.  I truly believe it poses a danger to our Freedom.  In their attempts to make Bitcoin SV more likeable by the Governments, they are pushing a huge propaganda consisting of manipulating readers into believing Bitcoin was supposed to be Know Your Customer enabled.

Unfortunately the Market growth of Bitcoin Cash is still way ahead of Monero.  I wish the day comes when I see them switch spots and all Bitcoin replicas finally fade away.  But as long as there is a supportive Community for it, things will stay the same.

BCH and BSV fans prefer bigger blocks for more transactions but BTC supporters argue that smaller blocks maintain decentralization and security. The debate isn't just technical but it's about the fundamental vision of Bitcoin you know

Never-bitcoiners have been around from the beginning. They go through stages of acceptance:

1. Bitcoin is like pet rocks / Tulips! They have no value!
2. Ok, Bitcoin has value, but it will fail because someone will hack it / 51% attack it!
3. Fine, Bitcoin has value and is secure, but there are better ways to do blockchain!
4. *FOMO in at $100,000*

The whole thing with BCH and BSV may seem to be about "bigger blocks" but in reality it had very little to do with block size. It was all about a hostile takeover of the project called Bitcoin. That is why they created an exact copy and even tried to take miners to increase their hashrate as an attack on Bitcoin.
They wanted to take control, make a ton of money and turn Bitcoin into a centralized garbage. Something they failed to do.

Any idea why BTC/BCH/BSV don't support merged-mining (since they all depend on SHA-256)? Was it done on purpose by BTC devs to deter forks?

I'm asking because LTC/DOGE support merged-mining with Scrypt.

BCH and BSV people are just envious of Bitcoin. They're bitter of Bitcoin and its success. Envy and bitterness are basically caused by the experience of failure, especially in the face of the success of that which they consider as their archenemy.

But how could they expect otherwise? Theirs are mere forks. Theirs are altcoins. Theirs are copycats. It's ridiculous of them to expect that they would be more successful than the original. They should know their place under the crypto sun. They can only compete against their fellow shitcoins, but not Bitcoin.

Well, don't give up on BCH or LTC so fast. I watched this unfold last year and made some money.

Check the charts BCH moved more that LTC but you can see what the big boys are looking at.

As the big money makes it votes that will determine what goes up and what goes away.

I hope allot of the shit coins go away and that money finds it's way into the solid players.

OOOPS forgot the link


https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/

I prefer LTC compared to BCH or BSV.

Cool. Why is that?

I will never have interest in BSV.

Litecoin doesn't claim to be Bitcoin.

Yeah back then I loved when someone created a new altcoin but today there is more than 3000 of coins but nothing can compare with Bitcoin at least for now or maybe ever.

2017 well those years are beautiful for everybody lot of people joined crypto and of course, bitcoin cash was at its peak I chose BCH for transaction Exchange to exchange because the cheap transactions before smart contracts and eth coming because back then the fee of bitcoin was crazy. The last time I heard about BCH was their developer split and created a new BCH and never heard back till this date.

Tho Litecoin and dogecoin is popular as well for gambling and faucet I miss that moment

I am very confident there used to be thousands of Shit Coins back in 2017 too.  Most of them just died and got replaced by other new and more fresh Shit Coins.

The things remained the same way for the most part.  They are just finding new ways to lure new investors, fools, into their 'project' which is just a repetitive Scam.  Show me how many of the 2017 Cryptocurrencies actually provide value to the bubble of Cryptocurrencies.  Bitcoin provides Freedom.  Monero provides that too, but with a plus of Privacy.  What do the other Coins share, besides a very heavily Centralized Cryptocurrency with no real new value brought to the scene?

Base on my understandings, bitcoin will always be and remain the most decentralized digital currency, we don't have to doubt about this or make further research because its all tells from the way they are being mined from the other currencies, not only that, anything that is not bitcoin can never prove what will be similar or same to what the bitcoin networks provides, that is why none of these developers or crypto projects who have splitted from the bitcoin network could achieve the kind of result bitcoin has today or close to.

Yep totally agree with you  ;D the bear market usually wiped out everything but somehow the shitcoin dev always has a new lure for investors with gimmicks like AI metaverse play to earn or anything like that.

If we can ride the wave we can make profit but lot of case people join crypto lose and go so sad

The nature of different coins leads to decisions such as choosing the algorithm, supporting merge mining, etc. Altcoins that want to be different and investigate different algorithms choose a different algorithm (like Litecoin using scrypt), altcoins that don't want to make major differences and want to live under the shadow of another project choose the same algorithm and use merge mining.

Shitcoins like BCH/BSV that planned to scam people specifically newbies telling them "this is the real bitcoin" while attacking bitcoin use the same algorithm and not even implement replay protection!

Mm....I'd say a lot of people have heard of ETH since the ETH/USDT pair is reported on a lot of financial websites and probably in the WSJ as well.  Nevertheless, I agree with you about its uselessness.  That whole ICO craze was based on Ethereum, and it was so full of scams and pie-in-the-sky ideas whereby blockchain technology can be used to solve problems in any industry.  And what happened?  The whole thing came crashing down, and the same thing is or will happen with NFTs (which are idiotic IMO).

Who cares if BCH or BSV fans attack bitcoin?  Those are two altcoins out of thousands, and they're not even the only forks of bitcoin out there.  Bitcoin is king, so sayeth the market, though I have to say that other coins make for much better forms of money in so far as the network fees are much less, confirmation times are shorter, etc.  But who's using bitcoin as money anyway?  Not many people as far as I can tell, so let the bitchers bitch.