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Author Topic: BTC vs BCC  (Read 4373 times)
hyden (OP)
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July 30, 2017, 05:14:00 AM
 #1

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh
Yuhee
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July 30, 2017, 05:19:29 AM
 #2

Can't say but i think btc is still better in terms of price but bcc has a lot more improved qualities. Btc now has a slow transaction and high fees but what i observed it bcc is that it has faster per transaction still without Segwit  but we never know until bcc will start circulating. One day till the biggest so better read all info on bcc.
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July 30, 2017, 05:25:10 AM
 #3

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh
There no doubt Bitcoin would remain still. For now I cant say such thing about BCC since its not been here yet on the market 2 more days and we would able to witness its features.I don't know on how people would treat BCC since there should really be only one Bitcoin and it would really remain still and for BCC it would be still an altcoin no matter what.

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July 30, 2017, 05:33:05 AM
 #4

This coin has been traded on ViaBTC and HitBTC https://coinmarketcap.com/currencies/bitcoin-cash/#markets what do you think?
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July 30, 2017, 05:35:46 AM
 #5

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

We still have to see if people are going to support Bitcoin Cash, so far some big whales, company, and organizations are not going to support Bitcoin cash but we will have to see if this change after the August 1 fork Bitcoin  Cash for many is just another altcoin because of lack of support.

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July 30, 2017, 05:36:11 AM
 #6

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

Is this even a question to be asked it's only Bitcoins that are going to stand tall tomorrow and day after, bcc is a Alt it's a sham for me and I don't see it surviving it long enough, one week max cause people would dump it and some fools would buy it, only to regret their life, stick with Bitcoins only do not use any other currencies especially alts like this. They got a very small miners backing them up, how long can they even last. Plus exchanges are refusing to accept bcc.
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July 30, 2017, 05:43:09 AM
 #7

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

Is this even a question to be asked it's only Bitcoins that are going to stand tall tomorrow and day after, bcc is a Alt it's a sham for me and I don't see it surviving it long enough, one week max cause people would dump it and some fools would buy it, only to regret their life, stick with Bitcoins only do not use any other currencies especially alts like this. They got a very small miners backing them up, how long can they even last. Plus exchanges are refusing to accept bcc.

I think, at the end of the day, that Bitcoin will prevail. It is backed by the vast majority of competent developers in the space (i.e. Core), all of the exchanges, and miners are marching towards Segwit activation as we speak.

One thing to keep in mind, though, is the regard people have for hashpower. Bitmain indeed controls a large amount of hashing power (rumor has it, a majority of all). And with Bitpay's position (and several exchanges who will be supporting BCC trading), I could see a situation where people start to take BCC very seriously. This could threaten Bitcoin's network effect in the mid term (by splitting its network). It all depends on how much hashpower Bitmain points at Bitcoin Cash.
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July 30, 2017, 05:54:38 AM
 #8

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

Bitcoin:
- has all the support from the community, all the miners, all the nodes, all the businesses and merchants
- has the highest price, it is rising, and a solid support behind it, has the highest volume, and is listed on all exchanges and the most trusted exchanges.
- has the best developers that have been working on it for 6+ years and the code is reviewed by thousands of people who check each change and look at the code.
- countries have adopted Bitcoin, like Japan and regulated it and removed taxes on it.


bitcoin cash:
- is an altcoin
- community does not want nor supports it
- miners do not support it
- developers do not support it
- businesses do not support it
- top exchanged do not support it
- countries adopted bitcoin and not altcoins
- the code is rushed, not tested, not reviewed, not trusted
- the change they are making is a fundamental change and will change a lot of things. it is a hard fork and can cause a lot of problems down the line for example in a year if it gets any traction.
- the price is low and dropping hard even before it is released (started at $900 and now it is worth nearly $300) and the release will crash it down to somewhere between $100 and $10

this is just a small number of differences.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 30, 2017, 05:55:56 AM
 #9

BCC -> sell it when high and get more BTC, easy and simple scenario

1 BTC = 1 BTC
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July 30, 2017, 06:01:35 AM
 #10

It will just be another altcoin. If it aint bitcoin then what will you treat it.
They just used the freaking name for what? For people to get confused with two names?
Bitcoin Unlimited then now Bitcoin Cash. What's next? Bitcoin Impossible?  Grin
They keep on trying to imitate the best one just for selfish reasons. This ain't cool anymore.

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July 30, 2017, 06:10:26 AM
 #11

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

In my opinion it is definitely bitcoin.

As I said before i think that bitcoin cash is simply taking advantage of bitcoin's brand name. If they really want to create a hard fork just for this then why not create their own altcoin? Plus, even if bitcoin cash retains its value after the fork(extremely unlikely), will anyone actually use it for goods and services? A lot of exchanges are saying that they will only accept bitcoin.

IMO it's completely pointless to try to create a brand new chain just to do this... This will just divide the community further. Though once you get the bitcoin cash in your wallet, pretty much everyone is going to dump it and drive the price to close to 0.
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July 30, 2017, 06:10:48 AM
 #12


bitcoin cash:
- is an altcoin
That's just it. BCC is just a fork of bitcoin it's essentially a altcoin. All that will happen after the fork is it will be treated like any other altcoin but just that everyone having some BTC will get some free BCC. I'm pretty sure majority of people are just going to sell BCC to buy BTC as soon as it forks
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July 30, 2017, 06:17:08 AM
 #13

BCC -> sell it when high and get more BTC, easy and simple scenario


So that means a lot of people/investors will grab that chance to buy a lot on it's first weeks/months.Next,it will create a panic buy and encourage also some people to buy it. After all the drama, BCC will just disappear and those bagholders will look at theirselves as losers.
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July 30, 2017, 06:21:28 AM
 #14

If you are a margin trader, then I would recommend BCC. Because a lot of powerful people are supporting the currency, and at least in the initial few (5-10) days there will be a big pump. Some of the people behind Bitcoin Cash has taken the survival of that coin as a matter of their prestige. So they will go to any extent, to pump the currency.
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July 30, 2017, 06:26:27 AM
 #15

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

We still have to see if people are going to support Bitcoin Cash, so far some big whales, company, and organizations are not going to support Bitcoin cash but we will have to see if this change after the August 1 fork Bitcoin  Cash for many is just another altcoin because of lack of support.
Not need wait after August 1st for see the future of Bitcoin Cash, I can sure 100% Bitcoin is shitcoin, even bad more than token from ICO as STRAT. I don't know the reason make most speculator going to Bitcoin just for receive Bitcoin Cash unknown value while they can buying altcoin with cheapest price as yesterday

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July 30, 2017, 06:41:49 AM
 #16

BCC is nothing but an useless altocoin which will bring nothing to the market. It will be terribily volatile and this is why it ll become preferable for pumpers&dumpers and speculators. If you re one of them, well, yes, it s gonna be your target. If you re an ordinary user, sell BCC and do not touch it. Cause pumpers and speculators make money on ordinary users by staging fake and coordinated price movements.

After all, the whole BCC idea is based on pure greed and speculation of people who want to be able to point their mining gear towards their own BCC the first few days of BCC mining. During these few days, when dif ll be low, they ll make hundreds of thousands of BCC. Guess what will they do with these coins? Dump it on heads of unsuspecting noobs who want to reinvent BTC. So now, you go and buy and hold BCC if you re stupid enough.

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July 30, 2017, 07:02:42 AM
 #17

BCC -> sell it when high and get more BTC, easy and simple scenario

But if BCC is valued highly, where does that value come from? Thin air? If BCC supporters are dumping BTC, and BTC supporters are dumping BCC, that would (in theory) drop the price of both. Like ETH/ETC, the overall market cap of Bitcoin could definitely take a hit -- if there is a real network split where a significant portion of the economy moves to BCC.

 
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July 30, 2017, 07:15:59 AM
 #18

BCC -> sell it when high and get more BTC, easy and simple scenario

But if BCC is valued highly, where does that value come from? Thin air? If BCC supporters are dumping BTC, and BTC supporters are dumping BCC, that would (in theory) drop the price of both. Like ETH/ETC, the overall market cap of Bitcoin could definitely take a hit -- if there is a real network split where a significant portion of the economy moves to BCC.

Price discovery ( http://www.investopedia.com/terms/p/pricediscovery.asp ) in general comes from exchanges where supply and demand are measured.
as afar as I can see few exchanges are supporting BCC at the moment therefore it is hard to get the real value of a new asset ...

I don't know what the BCC's market capitalization really is ... in general I take a look on coinmarketcap ...

on their FAQ ..

Quote
What is "Market Capitalization" and how is it calculated?

Market Capitalization is one way to rank the relative size of a cryptocurrency. It's calculated by multiplying the Price by the Circulating Supply.

Market Cap = Price X Circulating Supply.

How are the prices calculated for various the cryptocurrencies?

Price is calculated by taking the volume weighted average of all prices reported at each market. Sources for the prices can be found on the markets section on each cryptocurrency page. For example, Bitcoin's markets.

What is the difference between "Circulating Supply", "Total Supply", and "Max Supply"?

Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands.
Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).
Max Supply the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.

source: https://coinmarketcap.com/faq/

   

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July 30, 2017, 07:27:09 AM
 #19

I don't know what the BCC's market capitalization really is ... in general I take a look on coinmarketcap ...

Bitcoin Cash has no market cap; it doesn't even exist yet. It will take some time, once the fork happens, for the market to accurately reflect true demand for BCC. Maybe it will be a non-event and BCC will just be dumped into the ground. Or maybe BCC will sustain (like ETC did) and BCC markets (alongside BTC markets) will be represented on the major exchanges eventually.

 
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shamzblueworld
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July 30, 2017, 07:27:20 AM
 #20

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh
Definitely bitcoin, trusted and accepted worldwide. Never heard of BCC before but lets see how it pans out in the comparison, I don't think it will stand a chance against bitcoin. It could be just another alt, used by people to pump and dump.
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