nguyenquangminh (OP)
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October 19, 2017, 01:44:57 PM |
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In a statement addressing the upcoming the bitcoin (BTC) fork that is scheduled for mid-November, Calvin Ayre has stated it’s belief that Bitcoin Cash [Bitcoin (BCC)] is “the only bitcoin.”
“When We Say Bitcoin, We Mean Bitcoin Cash” Calvin Ayre Declares Bitcoin Cash "The Only Bitcoin"
With the number of chains forked from the original bitcoin blockchain expected to increase, a number of companies and media organizations are seeking to provide clarification regarding the specific nomenclature referring to each chain.
alvinayre has issued a statement clarifying that when using the term ‘bitcoin’, the website will be referring to the bitcoin (BCC) chain. The statement expresses Calvinayre’s belief that “bitcoin cash is the true remaining bitcoin as intended by the original Satoshi white paper. The release states that although “the Segwit chain may have inherited the name “BTC” largely due to history but it is bitcoin cash that much more closely resembles the bitcoin that sparked the entire digital currency boom.”
Calvinayre states that it will refer to the respective bitcoin chains as “Segwit1x (currently BTC, and likely SW1 after the Segwit2x split), Segwit2x (planned BTC, but likely SW2 after the fork if it fails to achieve majority miner support), and Segwit Gold (SWG).”
Calvinayre Describes the Distinct Bitcoin Chains As “Relatives Sharing a Common Ancestor” Calvin Ayre Declares Bitcoin Cash "The Only Bitcoin"
The release states that “cryptocurrency was created to solve the problems brought by traditional banking. For the online gambling industry, the appeal lies in its promise to cut out the middlemen, along with their outrageous fees, and help secure transactions with the distributed ledger system.” As such, Calvinayre advocates that “the entire gambling industry… move across to [bitcoin (BCC)].”
Calvinayre advances that the comparatively high fees associated with bitcoin (BTC) compromise the fundamental utility of bitcoin, and deter non-speculative user adoption.
“WE DEFINE AN ELECTRONIC COIN AS A CHAIN OF DIGITAL SIGNATURES” – SATOSHI NAKAMOTO, BITCOIN WHITEPAPER Calvinayre’s website describes bitcoin (BTC)’s segregated witness protocol as defining “a new transaction type… that removes the digital signatures from the transaction and places them in a separate data structure.” By contrast, bitcoin (BCC) is described as having “increased the capacity limit of each block… and preserved a version of bitcoin with digital signatures intact.” It is largely on the basis of preserving digital signatures that Calvinayre argues bitcoin cash (BCC) is the chain that most resembles the original vision as laid out in the bitcoin whitepaper.
Which chain do think is most deserving of the title ‘bitcoin’? Share your thoughts in the comments section below!
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allthingsluxury
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October 19, 2017, 01:46:43 PM |
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Well, obviously he is incredibly wrong and the market is proving that to him.
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thejaytiesto
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October 19, 2017, 01:53:41 PM |
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More bribing by Roger Ver and co. He's paying people with twitter following to follow his altcoin, nothing new. We already saw this with McAfee etc. I mean look at this picture: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FDMbCwOVVAAEHN1s.jpg&t=665&c=IVdgrBWgQ8UykA) Do I need to add anything more?
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Zeeks
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October 19, 2017, 02:10:52 PM |
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He can declare what he wants. The market has decided already, and bitcoin cash was the one left behind.
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adiki
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October 19, 2017, 04:35:45 PM |
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Anyway BCC has crashed into top 5 coins and will stay ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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styca
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October 19, 2017, 05:14:53 PM |
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Well, obviously he is incredibly wrong and the market is proving that to him.
Exactly! It's just a nonsense statement. Bitcoincash is useless, and always has been. It had a massive pump and is now bleeding away as it was always going to do.
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TimeHacker
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October 19, 2017, 05:38:30 PM |
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Calvin Ayre can declare whatever he wants, he can also say that the sun is not real. But Bitcoin Cash never was and never will be THE Bitcoin. It is purely speculative asset with no real value and it will stay like that. It was hyped at the begnning, but in 5 years it will not even be in the Top 10 list anymore.
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MatrixMining
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October 19, 2017, 06:31:28 PM |
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The problem of bitcoin cash is that is has no development, it's just a copy-paste random altcoin, which is for some weird reason massively overvalued. And whoever can declare whatever, it will not change it.
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erep
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October 19, 2017, 06:35:14 PM |
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The first question which comes to my mind is that who is he.? Its his personal choice to buy and hold or dump his bitcoins but it is a decentralized system. No one will be bothered about what he is saying.
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kryptqnick
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October 19, 2017, 07:40:57 PM |
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I've seen trusted members of this forum saying the same thing about bitcoin cash and I actually thought that this will lead to huge loss of dominance of bitcoin segwit. It is not what happened, of course. What's more, why do you talk about this guy Ayre as some sort of authority? He's just a really rich guy who donated some money on bitcoin development and is now sort of engaged in it. Nevertheless, he's not even a programmer! He's just a businessman.
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J. Cooper
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October 19, 2017, 07:43:45 PM |
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Who is this guy even? I've never heard of him but he's pretty damn wrong on his statement. The only reason bitcoin cash is still alive right now is due to the fact that it's sometimes profitable to mine that's about it. Whoever this guy is he's wrong. Just take a look at the market.
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btcjoin14
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October 19, 2017, 11:15:15 PM |
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More bribing by Roger Ver and co. He's paying people with twitter following to follow his altcoin, nothing new. We already saw this with McAfee etc. I mean look at this picture: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FDMbCwOVVAAEHN1s.jpg&t=665&c=IVdgrBWgQ8UykA) Do I need to add anything more? He's just another guy trying to make people purchase his bags of coins. It's a method that worked for a while now and he is trying to get more Bitcoin so he could get more BTG.
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RichardBTC
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October 19, 2017, 11:19:16 PM |
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I think thats one brilliant aspect about bitcoin and cryptocurrency in general. This guy can say what he likes... But its up to the masses on what is viable and what is the main stream coin. Power to the people and not to the whales that think they can run the markets.
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bbc.reporter
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October 20, 2017, 12:52:38 AM |
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More bribing by Roger Ver and co. He's paying people with twitter following to follow his altcoin, nothing new. We already saw this with McAfee etc. I mean look at this picture: https://pbs.twimg.com/media/DMbCwOVVAAEHN1s.jpgDo I need to add anything more? Calvin Ayre cannot be bribed. He is also a rich and accomplished business man himself. But what they are really doing is hyping bitcoin cash and try to confuse the community that it is more valuable than it really is. Roger Ver has become one of the biggest scammers in the cryptospace. Now that he is releasing paid news about it, it is a good sign that it will pump soon.
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SGToken
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October 20, 2017, 01:18:38 AM |
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Sometimes I couldn't help wondering on how much the community in this forum had been influenced by the "Core" side.
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