Bitcoin Cash pumped so strong that you think it is a threat for bitcoin but i think bitcoin cash can't be a threat for bitcoin But i want to ask everyone know what reasons did Bitcoin Cash pump strong?
BTC has hit the limits of its ability and the core developers are unwilling to make the drastic changes needed to survive. Adapt or die. B2X has turned into a mess and is a rudderless ship. It was supposed to be the savior of Bitcoin and turned into the 'last nail in the coffin.' BCH decided to fork away from BTC and adapt. They addressed scaling problems successfully. They have low fees, high speed, and can handle an incredible amount of transactions that will allow it to truly become a useful currency for day-to-day stuff like buying a coffee as well as a secure store of value.
|
|
|
yes the miners do stupid thing,if miners do chaos in Bitcoin let's move on to more advanced technology welcome to Ethereum LTC better than BCC , so what ? Or Digibyte faster than BCC. there is better coins but price is not directly related with how coin is good.
Litecoin and Vertcoin are much more suited to take over the artificially created position of Bitcon Cash. Ill say this again. There is a bazillion dollars worth of sha256 mining equipment in huge industrial mining farms around the world that are looking for the most profitable coin to point their hashrate towards. These other coins are great and all, but dont matter to those running these mining operations. BCH will become the new target of mining hashrate.
|
|
|
BTC will never die, but will it remain relevant and a market leader in the future? I am willing to bet no.
Anyone know what the largest leather saddle producer was in the 1900s before the advent of automobiles? No? I dont either.
|
|
|
The dump begins. There is only 1 bitcoin.
Yep, Bye bye BTC
|
|
|
There's better coins than BCH to get into, BCH is just another alt. BTC is the king, and something like PIVX,ARK,WAVES is technically better.
There is a shitload of sha256 mining equipment around the world that is looking for the most profitable coin to point towards. BCH is looking more and more likely to win that mining hashrate. Without majority mining hashrate, BTC is dead. Same can be said for B2X as it stands currently. BCH will survive and thrive no matter what happens with hashrate (new diff algo on Nov 13 maintains 10min blocks much better) https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/
|
|
|
Sometimes people aren't doing things for reason, but they do because others are doing the same. People may argue BCH rising because it has more utility than BTC due to low fees, bla bla. But is BCH the only solution to BTC scalable issue? Aren't those 90-95 red coins among Top 100 coinmarketcap coins faster than Bitcoin and much cheaper than both BTC and BCH in terms of fees?
True, but there is a shitload of sha256 mining equipment around the world that is looking for the most profitable coin to point towards. BCH is looking more and more likely to win that mining hashrate. Without majority mining hashrate, BTC is dead. Same can be said for B2X as it stands currently. BCH will survive and thrive no matter what happens with hashrate (new diff algo on Nov 13 maintains 10min blocks much better) https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/
|
|
|
its because chinese government bought a large amount of BCH they want these coin to be regulated by their people. dont invest it will fall down after few days of pumping,its a trap.
Why would this be bad for BCH? If China views BCH favorably we could see licensed Chinese exchanges come back online and trade BCH.
|
|
|
Bitcoin cash is garbage compared to Bitcoin, it actually looks like some pump n dumpers tying to drive the price up. Bcash will use it like all other shitcoins to make a quick profit then dump on idiots.
Thanks for that wisdom. And why is Bitcoin Cash "garbage"? Legacy BTC is slow, bloated, and high fees without a solution for scaling. BCH has none of these issues.
|
|
|
Will bitcoin be left by miners? I would be surprised and happy, because I really hate people who trust bitcoin fully because it is nonsense and more importantly they don't know anything.
BTC hashrate has dropped significantly: https://fork.lol/pow/hashrate
|
|
|
BitShares truly is the sleeping giant we all like to proclaim we have discovered. It has an amazing working product, no vaporware here. Once China comes back to the game this will easily go 5x
|
|
|
I don't know why you guys keep on losing money with the king of shitcoins (bitcoins)
Damn don't you see how many forks in just two months? It's a dealine coin, get out.
forks means free money though thats one of the advantages of having so much forks. but one thing is certain here. its bitcoin still that are the most popular of all and has been useful for merchants which means whichever fork is being pumped right now will still buy to be converted to btc. There is no 'free money' with the upcoming Bitcoin Cash fork. It is a hard fork to update the difficulty adjustment to better maintain 10 minute blocks regardless of what happens with mining power: https://www.yours.org/content/deadalnix-s-difficulty-algorithm-explained-ac50eb2b1f16/
|
|
|
Lol! BTC has gone 7x in 7months and you guys are bitching about bubbles? Yes, BCH wont go up forever, there will be a drop, but it will continue its climb long term and BTC will come down from the top of the mountain.
I am the only one wishing bitcoin cash to have a fiery death? Bitcoin cash is just a copy clone of real BITCOIN. Bitcoin Core are the rightful owners of Bitcoin development, and theymos is a true homeboy for Bitcoin. I dont give a shit about the devs or theymos. I'm sure they are great guys, but the fact is BTC has fallen behind in terms of technology. Question for those who only support BTC, is there ANYTHING that BTC could do which would make you change your opinion about it?
|
|
|
Lol! BTC has gone 7x in 7months and you guys are bitching about bubbles? Yes, BCH wont go up forever, there will be a drop, but it will continue its climb long term and BTC will come down from the top of the mountain.
|
|
|
A lot of people will be selling their bitcoin for fiat, but do not worry we will be back.
Agreed. The end of the year will be a freaking bloodbath. Institutional investors will sell to lock in year end portfolio gains, small investors will sell because of holiday shopping/market FUD, long term BTC hodlers will sell as BTC market drops like it did in 2014.
|
|
|
I don't get it either. Overall the marketcap is down 5% from the high of 208 billion a few days ago. BCH is only up 7 billion from 11/04, my last market snapshot. BTC is down 14 billion. Yet most of the bigger alts are down 10-20%. My tools are too basic to see where the $$$ is but it isn't in the top 100. Tether is only up 64 milion from 11/04. Strange days indeed.
Lots flowing back to fiat and into bank accounts.
|
|
|
The only thing BTC has is its name. Enjoy it while you can
|
|
|
|