Is BitcoinCash a joke?

[Lucky7btc]

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.

Bitcoin was the TEST run and BCC will be the new king of the cashless society. Get ready to accept your mark

[groko271]

yes

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

Well said. That's the problem here, short memories. Somehow people think something different will happen even thought the circumstances are exactly the same. So lame. To be honest, Im sick of this conversation and cant wait for August 1st so the lessons can be learnt again.

My question is, who wants a coin that major exchanges won't list?

[dothebeats]

A few line changes from Core, put some new codes here and there. Rush it a little bit and voila! We have Bitcoin Cash. How often do we see other versions of bitcoin from minorities that are unsatisfied of what the main code can deliver?

I'm just gonna put this here...



+1 for Bitcoin Cash team for tryharding.

[gmaxwell]

https://www.reddit.com/r/Bitcoin/comments/6pxs4p/sipas_schnorr_code_deleted_from_secp256k1_emerged/

Apparently copying isn't enough for them, they apparently feel the need to rip off the authorship information and tack on their own name.

[franky1]

from what i have read bitcoincash meant to be a bilateral split (an accepted and obvious altcoin)

so with that said. it just seems like drama

gmax loves to decline being part of any code when things go wrong, so why care.
its open source decentralised so anyone is free to copy and use it anyway.

i would laugh if they did put gmax's company name into the code...
but then ofcourse everyone would see gmax cry and scream to get it taken away because he does not want to be seen as part of their project.

gmax would scream blue murder that he does not endorse or promote the code. and would then scream to not trust the code anyway because in his eyes its not been peer reviewed by his company. nor is it gmax's code due to all the "551 files changed, 54096 insertions(+), 47943 deletions(-)" changes which makes it no longer his companies code.

.
in short gmax is creating drama where attributed or not gmax will complain either way

in very short
gmax is a drama queen

to gmax
how about stop being a corporate economist and go back to being a programmer.
how about actually work on a tx fee priority formulae, instead of shouting "just pay more" and then finding ways to bloat the blockchain with your "ct pedersen commitments"

and then
if you really wanna be anal about attributions then write cores 'copyrights' list with EVERY contributor. meaning comment every line of code with a tribute to who wrote it.

or
how about realise that bitcoin should be owned by no single party/team

and stop trying to be a controlfreak, emphasis on control...though im sure your drama queen qualities will take issue with the freak mention

[RealBitcoin]

from what i have read bitcoincash meant to be a bilateral split (an accepted and obvious altcoin)
.....

Let's just set aside the drama for a moment. I know you want big blocks and let's not debate that for now.

What I want to ask you, is regardless of the big block debate. But do you really think that a bitcoin client so new such as BitcoinCash is a responsible way to upgrade the network?

It was probably never reviewed and audited by security experts, I don't think they even have a testnet to test things. So it's almost like they want people to blindly trust their software.

How can you take something like that seriously? Especially when 40 billion $ is involved?

[giveen]

It sure sounds like a joke "Bitcoin Cash" 

After this whole debacle, they might as well re-name it to "Bitcoin Crash" because that's what BCC price is going to do. Then it will recover to be just like all the other "alt-coins" out there.

Bitcoin is King!

Hehe i agree with you people are currently over hyped about bitcoin cash and surely this drama will continue for few months but later we what's the result

The coin will be listed somewhere on coinmarket site and most likely people will trade it for a while and finally in end it will get dumped.
The chance of bitcoin crash making it far is really less

[wantjokull]

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.

To be fair, being a copycat is kind of a good thing. Their code is likely to be less buggy if they copy the tried and tested code and only modify small amounts of it themselves.

Anyway, I suppose we'll have to find out after August 1st who the market supports.  I agree that Bitcoin Cash doing to well is unlikely - kwukduck started a thread saying that it would do well, so now I'm quite convinced that it won't.

But don't you think copying just someone's code and modifying it can be done by almost every coder. If this is the case then everyone will start creating new bitcoin coin and will try to perform big hard forks. This will just rip off the basis of bitcoin and its working. I'm sure there involves lot of other things other than just copying the code itself.

No, not everyone will trust the new currency as long as it is being loved by new developers for may be "testing".

But investors might find it little hesitating to invest into it at all. To me BCC looks just a creation of curiosity which won't be getting any investment real soon. It will get attraction of many people but through the long run of time that too if people think that it is worth to invest.

[traderethereum]

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.

To be fair, being a copycat is kind of a good thing. Their code is likely to be less buggy if they copy the tried and tested code and only modify small amounts of it themselves.

Anyway, I suppose we'll have to find out after August 1st who the market supports.  I agree that Bitcoin Cash doing to well is unlikely - kwukduck started a thread saying that it would do well, so now I'm quite convinced that it won't.

But don't you think copying just someone's code and modifying it can be done by almost every coder. If this is the case then everyone will start creating new bitcoin coin and will try to perform big hard forks. This will just rip off the basis of bitcoin and its working. I'm sure there involves lot of other things other than just copying the code itself.

No, not everyone will trust the new currency as long as it is being loved by new developers for may be "testing".

But investors might find it little hesitating to invest into it at all. To me BCC looks just a creation of curiosity which won't be getting any investment real soon. It will get attraction of many people but through the long run of time that too if people think that it is worth to invest.

i think not all people can start to create new bitcoin coin because yes they have skill to modify the code but did they have good relationship with other people? did they have community to convinced that they can create something which is better than bitcoin? if this is so, then i think in that community or whatever it called, there will be one person or more that will not receive the idea and against with the coder because they think its not the original idea and only copycat.

sometime when we copying the code, it can makes the process and the progress works perfectly and even better than the original but all of this thing is depend on how people give their supports. they will judge if its better or not if compare with the original. and related with BTC and BCC, let people decide what they want and se what will happen in the market.

[Xenrise]

Well I hope so. I really do not support bcc myself. I doubt it, really. For me it is a threat for everbody. I've read a thread saying, that it threatens the time of transaction, it adds 8 mb of transaction of bitcoin. So this doesn't really get my support.

[RealBitcoin]

Well I hope so. I really do not support bcc myself. I doubt it, really. For me it is a threat for everbody. I've read a thread saying, that it threatens the time of transaction, it adds 8 mb of transaction of bitcoin. So this doesn't really get my support.

Yes this is true, if they want a 8mb coin, then they should create an altcoin and stop stealing Bitcoin's brand.

Bitcoin will probably remain small block. If they dont like this, they should create another altcoin there are hundreds more, why not use those?

[eternalgloom]

It sure sounds like a joke "Bitcoin Cash" 

After this whole debacle, they might as well re-name it to "Bitcoin Crash" because that's what BCC price is going to do. Then it will recover to be just like all the other "alt-coins" out there.

Bitcoin is King!

The thing is that some of these "other altcoins out there" have a pretty decent value, also compared to Bitcoin.
BCC has some pretty powerful backers and I'm sure that it could thrive under the right set of circumstances.

A crash is indeed to be expected, as a lot of people will be selling their BCC right away.
I'm going to hold on to mine and see after a couple of months what they're worth.

[CryptosapienZA]

Personally, i dont know if they are a joke. I dont think their "complaints" are unreasonable. I do think both parties handled this poorly.I am trying to be as neutral as I can in this situation.  But I am wondering though, if they are a joke why is everyone talking about them. I mean look at new posts here on the BitcoinTalk/Reddit/Twitter, it seems they are the only thing we seem to be posting about. I just hope we wont end up being THE joke. In the end I do think Bitcoin will survive this, but the current environment is toxic. I cant wait for all this to pass.

[Paashaas]

BCC is one major joke/bluff. If Jihan had some balls he would moved 40% of his hashpower into BU..

https://www.reddit.com/r/Bitcoin/comments/6pxs4p/sipas_schnorr_code_deleted_from_secp256k1_emerged/

Apparently copying isn't enough for them, they apparently feel the need to rip off the authorship information and tack on their own name.

Really? I'm shocked to see this kind of retardness

[classicsucks]

I don't see there is a team working on the project anywhere.

https://www.youtube.com/watch?v=By0w43NQdiY

This dude Amaury actually seems pretty sharp. I was impressed by his analogy of blocksize limit = "Google saying they won't do anymore searches today because the capacity has been reached", LOL.

As far as BCC succeeding, it will depend on how hard Segwit fails... Given that 10% of global hashpower is committed to mining BCC, I'd say it's a bit more serious than a typical shitcoin... Also it sneaked in the back door of hundreds of Bitcoin exchanges, because "exchanges denying access to peoples' free tokens" caused a minor rage-fest... Even if BCC/USD falls to $1, people still want their free money!

All in all, a well-timed play, and a big middle finger to all of the foaming-at-the-mouth Segwit devotees... Sorry boys, no offense... Personally I was really appalled at all of the UASF flag-waving behavior.

[countryfree]

Yes, it's a joke.

It's bitcoin for losers.

[JohnCryptonian]

Being quite new to this Bitcoin thing, I have read that Bitcoincash is being applied by some people that are not really effective enough because they are only a few. In this case, I think that it's better to stick the original but I won't say that BitcoinCash is a joke. They are just making that to make more money, I guess. They are just people desperate for more money and too lazy to do actual work.

[TheRakula]

Yes. It's absolutely a joke.

[bcsuisse]

it is not a joke. if bitcoin cash gets 25% of the hashing power it will have higher tps than bitcoin !

[CrypticGambit]

Well i don't believe in bitcoin cash, I hope it goes to 0