Will bitcoincash / BCC price be equal to bitcoin / BTC price?

[Oilacris]

When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?

What do you think about this?

This question been asked 1 day before on the fork and we did see that the price rise up on 1k price point on which it didnt tend to rise up even more to equal or even surpass bitcoins price which means this coin is just an another altcoin in the market and popularity wont really be the same on bitcoin.Even though its price clinging up again on this day but possibilities are always there, no one really knows.

[Fretcy]

Bitcoin coin cash will increase the value, now its on the starting stage within 2-3 year's the value of bcc will go up but I don't think it can cross Bitcoin value as it is the first ever used cryptocurrency all around the globe. Let's see what's gonna happen.

[manchester93]

Don't realy care about the BCC price but anyway I hope it won't be popular. If it will then to make deals we might have to give our money to chinease (remember that china is pretty closed country with a huge amount of gov regulations) centralized cryptocurrency.

Well, we don't need to do anything. We can just keep using BTC. That's the beauty of decentralization. However, deep pockets can win the battle of marketing, and decentralization isn't very marketable. So it's possible that BCH could be pumped while BTC faces an onslaught of bad news and FUD, if that's what certain whales (like Jihan Wu and Roger Ver) want to do.

[ss890]

As we have already passed out hard fork and the BCC has got listed on exchanger with mark of 0,2 BTC per BCC.

The question is still valid for what will be price in the near future for BCC and will it match up the price of BTC in coming days? The question is debatable for now as BCC is behaving crazy and most of them are saying its all because of Korean pump groups who are putting lots of trade volume into this new coin. If that kept happening then the price would be more than 1K USD soon.

[deisik]

Sorry, Bitcoin Cash is an alt crapcoin. Hate to break it to you. Not sorry if it hurt your feelings. Anyone who is experienced in crypto has seen such coins rise and fall before, including Bitcoin Plus (which turned out to be a scam).

I am not saying that Bitcoin Cash is a scam. More like a disagreement between a small segment of the community. However, if you think it will rival Bitcoin in any way just because it got pumped by the Koreans... then stop thinking it, because you are only going to lose you money if you fall for the pump-and-dump. (It happened to me before, I am simply warning you ahead of time!)

Technically, Bitcoin Cash is an altcoin

But does it really matter or change anything if it starts competing with the traditional Bitcoin for real? My point is that you can call it an altcoin as long as you please but this won't help Bitcoin if Bitcoin Cash starts outperforming it. Let's not forget that the miners which mine Bitcoin are essentially the same miners that mine Bitcoin Cash now, and if the latter becomes more profitable to mine, we will see a massive exodus of miners from the Bitcoin camp to the Bitcoin Cash camp. And you can't sneeze at that by just claiming that Bitcoin Cash is yet another altcoin

[manchester93]

Sorry, Bitcoin Cash is an alt crapcoin. Hate to break it to you. Not sorry if it hurt your feelings. Anyone who is experienced in crypto has seen such coins rise and fall before, including Bitcoin Plus (which turned out to be a scam).

I am not saying that Bitcoin Cash is a scam. More like a disagreement between a small segment of the community. However, if you think it will rival Bitcoin in any way just because it got pumped by the Koreans... then stop thinking it, because you are only going to lose you money if you fall for the pump-and-dump. (It happened to me before, I am simply warning you ahead of time!)

Technically, Bitcoin Cash is an altcoin

But does it really matter or change anything if it starts competing with the traditional Bitcoin for real? My point is that you can call it an altcoin as long as you please but this won't help Bitcoin if Bitcoin Cash starts outperforming it. Let's not forget that the miners which mine Bitcoin are essentially the same miners that mine Bitcoin Cash now, and if the latter becomes more profitable to mine, we will see a massive exodus of miners from the Bitcoin camp to the Bitcoin Cash camp. And you can't sneeze at that by just claiming that Bitcoin Cash is yet another altcoin

That's the point I've been trying to get across to people. Yes, by my definition, BCH is an altcoin. But it doesn't matter. If Bitmain and its proxies can market it more effectively than Core and BTC supporters, and the public eventually sees BCH as the real "Bitcoin"...what the hell are we gonna do? Cry about it? It might be an altcoin, but BCH has powerful backers who hold a lot of bitcoin (they can manipulate prices) and control a lot of hashpower (they can make BCH appear to have more miner support or more cumulative proof of work, eventually).

So, I'll keep holding both, just in case...

[SvenBomvolen]

Bitcoincash again started to grow and it presents to all of us some optimistic feeling about this altcoin. I was sure that BCC is a babble which is popped few days after it's epic raise at the first day after it appearance. Don't know what to suppose of the current raise, it is over than 800$ now and maybe it is just speculators game. I am more interested now will it appear new coin again after the next fork in the middle of November?

[Sled]

Bitcoin cash could possibly reach the price of bitcoin right now but the problem is, who are in charge for continuous support on its chain? They have split on the blockchain so there will be needed like miners to sustain the network of bitcoin cash so even they are the same, bitcoin cash needs to be independent for its supporters and also users so if the users and supporters of bitcoin cash will be gone then the hope for the price to be equal will be gone also.

[treather]

What is the difference between both? bitcoin cash is more scalable... it could surpass bitcoin with time.

[deisik]

Sorry, Bitcoin Cash is an alt crapcoin. Hate to break it to you. Not sorry if it hurt your feelings. Anyone who is experienced in crypto has seen such coins rise and fall before, including Bitcoin Plus (which turned out to be a scam).

I am not saying that Bitcoin Cash is a scam. More like a disagreement between a small segment of the community. However, if you think it will rival Bitcoin in any way just because it got pumped by the Koreans... then stop thinking it, because you are only going to lose you money if you fall for the pump-and-dump. (It happened to me before, I am simply warning you ahead of time!)

Technically, Bitcoin Cash is an altcoin

But does it really matter or change anything if it starts competing with the traditional Bitcoin for real? My point is that you can call it an altcoin as long as you please but this won't help Bitcoin if Bitcoin Cash starts outperforming it. Let's not forget that the miners which mine Bitcoin are essentially the same miners that mine Bitcoin Cash now, and if the latter becomes more profitable to mine, we will see a massive exodus of miners from the Bitcoin camp to the Bitcoin Cash camp. And you can't sneeze at that by just claiming that Bitcoin Cash is yet another altcoin

That's the point I've been trying to get across to people. Yes, by my definition, BCH is an altcoin. But it doesn't matter. If Bitmain and its proxies can market it more effectively than Core and BTC supporters, and the public eventually sees BCH as the real "Bitcoin"...what the hell are we gonna do? Cry about it? It might be an altcoin, but BCH has powerful backers who hold a lot of bitcoin (they can manipulate prices) and control a lot of hashpower (they can make BCH appear to have more miner support or more cumulative proof of work, eventually).

So, I'll keep holding both, just in case...

I certainly understand your reasoning

But personally, I made the choice in favor of Litecoin. As to me, if things start going massively awry for both Bitcoins (which is what we seem to be nearing anyway), for example, an all-out war breaks out between the two coins, Litecoin is going to come out as a clear winner of this showdown. I won't be surprised that when Bitcoin Cash gets enough traction among miners (read, more miners start mining it), they will try to undermine, weaken, or otherwise compromise the regular Bitcoin with the ensuing retaliation and counterstrike. How come? Simply because there can remain only one Bitcoin

[mindrust]

Bcash exists only for 1 reason, to protect companies like bitpay

1-Roger invested so much in bitpay and LN will make bitpay obsolete because every bitcoin accepting company out there will be setting their own payment channels via Lightning Network. That's why Roger wants to destroy bitcoin and promote bcash instead.

2-Jihan invested so much in ASIC miners and patented ASICBOOST to have a sure advantage over the other companies and Segwit kills ASICBOOST.

So in reality, those 2 are highly malicious to bitcoin and they are stealing from us. Segwit/LN solves the problems those 2 scam artists have been exploiting. That's why they are crying out loud.

[manchester93]

Sorry, Bitcoin Cash is an alt crapcoin. Hate to break it to you. Not sorry if it hurt your feelings. Anyone who is experienced in crypto has seen such coins rise and fall before, including Bitcoin Plus (which turned out to be a scam).

I am not saying that Bitcoin Cash is a scam. More like a disagreement between a small segment of the community. However, if you think it will rival Bitcoin in any way just because it got pumped by the Koreans... then stop thinking it, because you are only going to lose you money if you fall for the pump-and-dump. (It happened to me before, I am simply warning you ahead of time!)

Technically, Bitcoin Cash is an altcoin

But does it really matter or change anything if it starts competing with the traditional Bitcoin for real? My point is that you can call it an altcoin as long as you please but this won't help Bitcoin if Bitcoin Cash starts outperforming it. Let's not forget that the miners which mine Bitcoin are essentially the same miners that mine Bitcoin Cash now, and if the latter becomes more profitable to mine, we will see a massive exodus of miners from the Bitcoin camp to the Bitcoin Cash camp. And you can't sneeze at that by just claiming that Bitcoin Cash is yet another altcoin

That's the point I've been trying to get across to people. Yes, by my definition, BCH is an altcoin. But it doesn't matter. If Bitmain and its proxies can market it more effectively than Core and BTC supporters, and the public eventually sees BCH as the real "Bitcoin"...what the hell are we gonna do? Cry about it? It might be an altcoin, but BCH has powerful backers who hold a lot of bitcoin (they can manipulate prices) and control a lot of hashpower (they can make BCH appear to have more miner support or more cumulative proof of work, eventually).

So, I'll keep holding both, just in case...

I certainly understand your reasoning

But personally, I made the choice in favor of Litecoin. As to me, if things start going massively awry for both Bitcoins (which is what we seem to be nearing anyway), for example, an all-out war breaks out between the two coins, Litecoin is going to come out as a clear winner of this showdown. I won't be surprised that when Bitcoin Cash gets enough traction among miners (read, more miners start mining it), they will try to undermine, weaken, or otherwise compromise the regular Bitcoin with the ensuing retaliation and counterstrike. How come? Simply because there can remain only one Bitcoin

There are certainly a lot of angles. The game theory is really fascinating, and we really don't have precedence for all of this. So all we can do is hedge our bets.

I agree about LTC, and I am holding a long term position there as well. My take was more about BCH being an airdrop (no additional investment required), so instead of insta-dumping them cheap like most people, it makes more sense for me to hold.

[DrGuns4Hands]

even tho bitcoincash is more faster and reliable that bitcoin investors won't let bitcoin down because there's a lot of people already in bitcoin since it started so i dont think there will be a large split between the two. bitcoin already there for many years so this bitcoincash is just like other altcoins but with a great features. maybe not that much but bitcoincash probably be like ETH.

[datodota002]

When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?

What do you think about this?

According to my observation BCc will not equal with BTC because on the trade market people who trading with BCC is the same guy who trading in BTC and when they got profit on BCc they always comeback to invest they money to BTC

[superplus]

When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?

What do you think about this?

According to my observation BCc will not equal with BTC because on the trade market people who trading with BCC is the same guy who trading in BTC and when they got profit on BCc they always comeback to invest they money to BTC

It is true the fact is like that, for those who think that BitcoinCash can surpass Bitcoin seems to have to rethink and pull the statement.

[Opekin]

When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?

What do you think about this?

it can be survive in the market just now bcc was $800+ but it will not be the same value of bitcoins, still many people use bitcoins for the main use and not bitcoins cash.

[machinek20]

Anything is possible but to be equal with bitcoin price is going to take a lot of time and a lot of people who willing to used bitcoincash as currency, but I dont see to many people fond of this coin, the possibility is very small to be equal with bitcoin

[Savik]

Don't realy care about the BCC price but anyway I hope it won't be popular. If it will then to make deals we might have to give our money to chinease (remember that china is pretty closed country with a huge amount of gov regulations) centralized cryptocurrency.

Lol! And who controls the vast majority of BTC mining today? The Chinese. So your arguement is weak, and uninformed.

[deisik]

even tho bitcoincash is more faster and reliable that bitcoin investors won't let bitcoin down because there's a lot of people already in bitcoin since it started so i dont think there will be a large split between the two. bitcoin already there for many years so this bitcoincash is just like other altcoins but with a great features. maybe not that much but bitcoincash probably be like ETH

As to me, this is mostly a baseless assumption

If Bitcoin is really faster and reliable (though I don't think that many people are really going to agree with this claim), I don't see a lot of logic behind people sticking to original Bitcoin just because "there's a lot of people already in bitcoin". In investing, it basically comes down to the each for himself and devil take the hindmost attitude. If Bitcoin Cash is mined and supported by the same folks that mined (continue to mine) and supported (continue to support) the original Bitcoin, there is no reason to get married to the latter, especially if Bitcoin Cash would offer a higher profitability (though it doesn't mean that it will, of course)

[Ctn]

Sorry, Bitcoin Cash is an alt crapcoin. Hate to break it to you. Not sorry if it hurt your feelings. Anyone who is experienced in crypto has seen such coins rise and fall before, including Bitcoin Plus (which turned out to be a scam).


I am not saying that Bitcoin Cash is a scam. More like a disagreement between a small segment of the community. However, if you think it will rival Bitcoin in any way just because it got pumped by the Koreans... then stop thinking it, because you are only going to lose you money if you fall for the pump-and-dump. (It happened to me before, I am simply warning you ahead of time!)

Technically, Bitcoin Cash is an altcoin


But does it really matter or change anything if it starts competing with the traditional Bitcoin for real? My point is that you can call it an altcoin as long as you please but this won't help Bitcoin if Bitcoin Cash starts outperforming it. Let's not forget that the miners which mine Bitcoin are essentially the same miners that mine Bitcoin Cash now, and if the latter becomes more profitable to mine, we will see a massive exodus of miners from the Bitcoin camp to the Bitcoin Cash camp. And you can't sneeze at that by just claiming that Bitcoin Cash is yet another altcoin

Agreed with deisik on the statement that bitcoin cash can outperform! This is what is happening with it anyway since it took the birth. Bitcoin cash climbed all upto 0.2 BTC from the down to earth value of 0.07 BTC or less. Miners will definitely switch to it if the alt coin is getting more easier to mine and if the value keep increasing like this then they have double the benefit as compared to bitcoin. Bitcoin mining as we know is anyway very very difficult as compared to BCH so thats the another advantage to take call for. Lets hope we don't see anything in favour of bitcoin cash because we are holding more of the bitcoin than bitcoin cash and I'm not in the position to sell my BTC. Im serious about this.