Is BitcoinCash a joke?

[syskall]

I don't understand all the hate for Bitcoin Cash.  Not trying to take sides here, but I just see it as free money.  I think it's too bad that the two communities could not agree on a scaling solution, but it's free coins and it didn't knock the price of bitcoin down at all.  Since the split, BitCoin went through the roof, and Bitcoin Cash seems to have found a near term bottom, and has been trending up for 3 days or so.  It's holding at #4 in market cap and #3 in price per coin (of the top 100 coins) ... it's future will depend on if the development team sticks with it, or if this was just a one time pump and dump scam.

Pretty easy to understand once you understand that all money is a bubble (and I don't mean that in a bad way).

[1714878903]

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[1714878903]

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[classicsucks]

yes

XT, Unlimited, classic, BTC1, Bitcoin Cash... boy do you people have a short memory.

Weird how the supporters of Bitcoin cash use tweets from Gavin as huge rallying cries when he has been behind some of the earliest forks.

Uhhm, learn your history, Boi.

Are you aware that Gavin was THE public face of Bitcoin for several years, and was given the master alert key and control of the project when Satoshi disappeared? He was kicked out of dev team by Maxwell, who is looking more and more like he'll be on the "wrong side of history"...

[RealBitcoin]

It doesnt look like a joke anymore, looks like it has stabilized itself in the top 5 position.

But I wonder will it be there 1 year from now? Does BCH have a future?

[krizniq]

BCH is superb because free money you've got you can invest to something else without touching your BTC stash.

[Zadicar]

It doesnt look like a joke anymore, looks like it has stabilized itself in the top 5 position.

But I wonder will it be there 1 year from now? Does BCH have a future?

Its not really joke anymore and people keep saying that this coin is good as dead since its being dumped already by most people but now its still kicking and the price is stabilizing as of now and as you said what would be the price of this coin on 1 year time. We would surely see the price would escalate high but not too much when comes to a point on surpassing bitcoin because its really an impossible thing.

[FrueGreads]

It doesnt look like a joke anymore, looks like it has stabilized itself in the top 5 position.

But I wonder will it be there 1 year from now? Does BCH have a future?

Its not really joke anymore and people keep saying that this coin is good as dead since its being dumped already by most people but now its still kicking and the price is stabilizing as of now and as you said what would be the price of this coin on 1 year time. We would surely see the price would escalate high but not too much when comes to a point on surpassing bitcoin because its really an impossible thing.

I don't think it will surpass bitcoin, and it probably found it's value in the market since it stabilized after the initial dump. I think it will be used for trading, as other altcoins. Maybe it will start increasing price overtime, as most stable altcoins do (like ether for example), so yes, they are probably worth holding as well.

[carlosmg]

Yes. Not only do they not have a competent team of developers, but they also lack originality to create a name.

[Oceat]

It doesnt look like a joke anymore, looks like it has stabilized itself in the top 5 position.

But I wonder will it be there 1 year from now? Does BCH have a future?

Its not really joke anymore and people keep saying that this coin is good as dead since its being dumped already by most people but now its still kicking and the price is stabilizing as of now and as you said what would be the price of this coin on 1 year time. We would surely see the price would escalate high but not too much when comes to a point on surpassing bitcoin because its really an impossible thing.

I don't think it will surpass bitcoin, and it probably found it's value in the market since it stabilized after the initial dump. I think it will be used for trading, as other altcoins. Maybe it will start increasing price overtime, as most stable altcoins do (like ether for example), so yes, they are probably worth holding as well.

It can't surpass bitcoin because bitcoin is the original cryptocurrency in the crypto world. It takes more updates before BCH could possibly catch up BTC but bitcoin at that time is too far. I think it will going to dump just like the other alt coins who tried to be at the top of the marketcap but fail because the lack of support.

[omonuyak]

I don't think bitcoin Cash is a joke because it has proven to have strong follower  base on it acceptability among cryptocurrency trader.  As at today I was expecting it's to have dropped to around $20 but the traders keep on pushing the price upward. I am adopting wait and see approach to bch.

[Haladay]

I don't understand all the hate for Bitcoin Cash.  Not trying to take sides here, but I just see it as free money.  I think it's too bad that the two communities could not agree on a scaling solution, but it's free coins and it didn't knock the price of bitcoin down at all.  Since the split, BitCoin went through the roof, and Bitcoin Cash seems to have found a near term bottom, and has been trending up for 3 days or so.  It's holding at #4 in market cap and #3 in price per coin (of the top 100 coins) ... it's future will depend on if the development team sticks with it, or if this was just a one time pump and dump scam.

Pretty easy to understand once you understand that all money is a bubble (and I don't mean that in a bad way).

There is no hate for bitcoin cash on purpose. The coin itself is not providing or offering any innovation. It was generated by some groups in order to take bitcoin under control. They thought by creating bcc, they can manipulate the market, but they were wrong.

Participants of blockchain simply rejected this bad idea.

[Cashew]

Yes, BitcoinCash is a joke. I must admit I believed it for a couple of days. Some said that endless money of Bitmain would buy up tons of BCC, making it worth more than the true Bitcoin, and hence making it the true Bitcoin. But nothing happened, not even the legion of Antminer that sold predicted to fall on BCH to make its chain lightning fast. What a fail !

[loreRex]

Yes, BitcoinCash is a joke. I must admit I believed it for a couple of days. Some said that endless money of Bitmain would buy up tons of BCC, making it worth more than the true Bitcoin, and hence making it the true Bitcoin. But nothing happened, not even the legion of Antminer that sold predicted to fall on BCH to make its chain lightning fast. What a fail !

well, many predicted zero value after a couple of hours, and instead it's still there. We will see, in the mean time I've dumped all my BCH.

[Cashew]

Yes, BitcoinCash is a joke. I must admit I believed it for a couple of days. Some said that endless money of Bitmain would buy up tons of BCC, making it worth more than the true Bitcoin, and hence making it the true Bitcoin. But nothing happened, not even the legion of Antminer that sold predicted to fall on BCH to make its chain lightning fast. What a fail !

well, many predicted zero value after a couple of hours, and instead it's still there. We will see, in the mean time I've dumped all my BCH.

They probably exagerated a bit too much, but I do not see it going somewhere else than in the trash bin from current situation because the network is currently very crappy...

[Kaller]

Yes, BitcoinCash is a joke. I must admit I believed it for a couple of days. Some said that endless money of Bitmain would buy up tons of BCC, making it worth more than the true Bitcoin, and hence making it the true Bitcoin. But nothing happened, not even the legion of Antminer that sold predicted to fall on BCH to make its chain lightning fast. What a fail !

well, many predicted zero value after a couple of hours, and instead it's still there. We will see, in the mean time I've dumped all my BCH.

They probably exagerated a bit too much, but I do not see it going somewhere else than in the trash bin from current situation because the network is currently very crappy...

The thing is the price keeps going up and down but it is not dying.
This says something...
However, in the long term I can certainly see Bitcoin Cash dropping and dropping until eventually only a small fraction of what it is today.
Realistically it will continue losing support and fail like most altcoins.

[mamontkiev]

No, just a scam

[coin_coin]

It looks like to me that it has the same people behind it as the Bitcoin Unlimited, but it's only a couple months old:

https://www.bitcoinabc.org/  - Created Date: 2017-05-09
https://www.bitcoincash.org/ -  Created Date: 2017-03-05

They want to do a 8 MB hardfork on August 1

Bitcoin Cash provides much needed relief to users with an immediate increase of the block size limit to 8MB.

On August 1st 2017, We the People will breathe new life into Bitcoin.

I wonder of "We the People", as in 40 billion $, will trust a 3 month old website and a lame copycat of the Bitcoin Core software.

Time will tell.Personally, I don't like BCC, a notorious Chinese farm owner related to it closely.

[Bay_Harbour_Butcher]

Thanks for the analysis, good analysis, I agree with you, maybe it's just a joke and maybe also a scam

[classicsucks]

yes

XT, Unlimited, classic, BTC1, Bitcoin Cash... boy do you people have a short memory.

Weird how the supporters of Bitcoin cash use tweets from Gavin as huge rallying cries when he has been behind some of the earliest forks.

Uhhm, learn your history, Boi.

Are you aware that Gavin was THE public face of Bitcoin for several years, and was given the master alert key and control of the project when Satoshi disappeared? He was kicked out of dev team by Maxwell, who is looking more and more like he'll be on the "wrong side of history"...

Looks like you forgot the whole reason Satoshi split (Gavin meeting with the CIA), the 30mb block fork, the hailing or Craig McFuckhead as Satoshi for who knows what reason. Gavin isn't a person to stand behind, he obviously is either corrupted or stupid saying Craig is Satoshi alone.

Not saying Gavin is perfect. He definitely lost points with me for the Craig Wright-fail and for being the CIA's monkey.

But f*cking Maxwell is literally the WORST - I don't understand how a highly intelligent person can completely RUIN a new technology, but that's what he seems to be doing. Rumor has it that's what he did at Wikipedia, and some other software company too...  I can only assume that this DCG/Blockstream/CrippleCoin unholy trifecta "conspiracy theory" has merit.

[reputation]

the market must be washed since there are so many free coins, when the banker get enough chip, the price will pump

[SGToken]

It's not a joke. It's damn serious if millions of dollars behind it.