Bitcoin Cash is a Parasite

[batang_bitcoin]

can't wait for all this bitcoin drama to be over with..

Same. Then again the next drama is probably only weeks away...

And what would be the next drama after this?

The drama will be over and BCC will surpass BTC if BTC doesn't fix its delays with transactions

You sure about this? You really know what you are saying or you just forgot that there's a lesser support from the community for BCC?

Stay calm friend, we just enjoy BTC soon going to moon. BCC will not replace BTC. I'm sure of that.
BTC will be more loved, we'll see the end of the story of all this.

No doubt that after this drama we'll see the price of bitcoin go to the moon soon.

[bathrobehero]

And what would be the next drama after this?

I don't know but I'm sure the losers after BCC will think of something.

[qiman]

I do not think a fork off of Bitcoin can do much damage to BTC. Bitcoin is the father of all altcoins, including BCH/BCC whatever one wishes to name it. I treat it as another altcoin, that in itself will get pumped and dumped and pumped again by whales, mined by miners who want to offload and there will of course be the hardcore supporters. It just ads more sauce to the food pot that's all. I have no hatred for one coin or the other. There is one KING and for now that is Bitcoin and the rest are it's colorful subject. It was Bitcoin that created this digital currency revolution so that is given precedence. Of course later on new technologies will come and maybe in many years to come overtake Bitcoin but it is Bitcoin that has changed the course of history.

[Xenrise]

Yeah, well I think we all know that Bitcoin BTC will remain the leader, but what I worry about is the longer term effect.

This will end up being the same scenario as the ETH and ETC split where in this case BCC is a fraction of BTC's value, possibly around $200-$400 or so depending on how much the future's market price is being manipulated by the powers behind BCC.

So while I am not worried about BCC's effect, which will be temporary and I am sure two chains can co-exist, but does this set a precedent? Up until now most alt-coins have pretty much left BTC itself alone, but now with actual forks off the BTC chain if this were continue, say in 2 years we have dozens of forks that split off, how long can BTC survive that type of indirect attack?

Well btc will attain the lead, of course it is the first cryptocurrency that was created. And was followed by many people. That is why many altcoins depends on btc. For they can't live without btc. And yes bcc is a parasite also to btc.

[novhitadaloma]

Bitcoin is Bitcoin.
Bitcoin Cash is a Bitch.
Light up and hold the Bitcoin

BitcoinCash is not a parasite if you look at it from a different angle. Imagine a bitcoin world will make a new history that everyone will remember all the time. With the presence of BitcoinCash market competition will be more exciting, and we can do bitcoin trading with another alternative that is Bitcoincash.

[trumper]

This cryptocurrency ecosystem is a train that runs with fud, fear and speculation, so bitcoin cash or bitcoin bitch, there will be always something to get cheap btc from weak hands.

[olushakes]

Its really an unpatriotic thing to do on the part of developers who only believes increasing to 8mb will be the solution to this because the possibility of it being filled with spams is also on the increase as I e the effect of August 1 to he temporary and after a while when they are not longer comfortable with what we have, then they spam again for argument to increase it to 50 mb. However, I think the core developers gave them the chance because they should have stopped the spam attacks and there won't be need for discussions to get to this high level of implementation.

[Hawker]

no dude,
bitcoincash (bcc) is released on a common decision and can take the place of bitcoin forward. because it is both faster and more technologically advanced.

[bathrobehero]

no dude,
bitcoincash (bcc) is released on a common decision and can take the place of bitcoin forward. because it is both faster and more technologically advanced.

How about talking about solid facts instead of the marketing bullshit?

It is not faster (still 10 minute block times), and it is not technologically advanced.

If anything, it's a dumb people's fork who can't wrap their head around basic math and a disgrace to crypto in general.

[Scrotum]

It does not hurt to resolve the scaling debate by offering the market alternatives, both can exist at the same time, as they offer different features.

Good that this split happens before mass adoption, now the winner will be decided by users, not devs or companies, and both can exist if they sustain user base.

It's a good development.

[ximply]

If BCC is of no value to you and you really hate it and you wish it to die as soon as it came out. Will you just give it to me? Say yes and I will make a list of names who will say yes then once August 1 come i will collect my BCC from you. Is that ok? Im helping you in a way. Lol

But im sure you wont give it because of greed. You just saying you dont like it but you dont want to give it away.

Give it to me ok? Just say yes.

[gomei]

Stay calm friend, we just enjoy BTC soon going to moon. BCC will not replace BTC. I'm sure of that.
BTC will be more loved, we'll see the end of the story of all this.

I agree, just like ETH and ETC, the ETH is the bigger one and ETC is the smaller one, if you have some btcs, you will also have the same amount btc, gold to see that.

[batang_bitcoin]

And what would be the next drama after this?

I don't know but I'm sure the losers after BCC will think of something.

For sure they will make a new one. They did this before either and they will never get tired of doing something crazy for bring inconvenience and fear to the people.

If BCC is of no value to you and you really hate it and you wish it to die as soon as it came out. Will you just give it to me? Say yes and I will make a list of names who will say yes then once August 1 come i will collect my BCC from you. Is that ok? Im helping you in a way. Lol

But im sure you wont give it because of greed. You just saying you dont like it but you dont want to give it away.

Give it to me ok? Just say yes.

Mate, asking something or begging in the forum is not allowed. It's against the rules of this forum.

7. No begging. [5]

[European Central Bank]

Yeah, well I think we all know that Bitcoin BTC will remain the leader, but what I worry about is the longer term effect.

This will end up being the same scenario as the ETH and ETC split where in this case BCC is a fraction of BTC's value, possibly around $200-$400 or so depending on how much the future's market price is being manipulated by the powers behind BCC.

So while I am not worried about BCC's effect, which will be temporary and I am sure two chains can co-exist, but does this set a precedent? Up until now most alt-coins have pretty much left BTC itself alone, but now with actual forks off the BTC chain if this were continue, say in 2 years we have dozens of forks that split off, how long can BTC survive that type of indirect attack?

forever.

bitcoin is what the majority choose to use and call bitcoin.

if no one other than a small number of the regular assholes converge around this then that gives us an easily identified and ignored target.

you can bet they'll do all they can to give an illusion of adoption and success. and not one scrap will come from beyond their usual echo chambers.

[kalodu]

And what would be the next drama after this?

The next drama is the upcoming hard fork to 2 mb blocks as agreed by the new york agreement. A significant portion of users disagree with increasing blocksize, and perhaps 15-20% of miners as well. The drama and panic will resume once this becomes actual.

[ophyrim]

Yea BCC is like a parasite but bittrex who is one of the biggest players of this cryptocurrencies markets was triggered this BCC situation with their announcement which supports BCC. Because of Bittrex's position, this parasite is relatively more dangerous now. Look at the markets every one tries to sell their altcoins for buy bitcoin. Their plan is to sell BCC (Bittrex will give 1:1 ratio BCC to bitcoin holders) and rebuy altcoins. But after huge BCC dump and altcoin pump this plan will not work and altcoin sellers will loose some money.

[alani123]

It for sure is an altcoin but in my opinion no threat to bitcoin. The community might be dividend between economic and ideological incentives but in the end a fork could draw those unwilling to contribute out.

[xiaohang07]

Indeed, it is a useless project, which is not good for the crypto-community as a whole.

[investinator]

Indeed, it is a useless project, which is not good for the crypto-community as a whole.

I disagree its free money and once it fails all talk of forks in the future will be dead in the water without consensus.

[panju1]

But what's the benefit of BCC then?

Big empty or cheaply spammed blocks?

Cheap transactions benefit everybody, not just the spammers. A lot of gambling sites/micro transactions have become infeasible due to high transaction fees.
I would love to go back to the days of *zero* transaction fees (for high priority transactions, of course).