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Author Topic: BTC vs BCC  (Read 4373 times)
TetraFugolini
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July 30, 2017, 07:33:38 AM
 #21

I will hold both btc and bcc, hopefully bcc will have some value, but i only plan to buy btc in the future, i don't think bcc will overpower btc ever. As for selling, i never sell Grin
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July 30, 2017, 07:44:09 AM
 #22

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.

https://coinmarketcap.com/currencies/bitcoin-cash/

Actually, it does have a market cap. People are trading bitcoin cash futures, and currently the total market capitalization stands at around 2 million bitcoins which is a lot. However whether or not it is liquid is completely another topic.

I think a major deciding factor of whether a currency is good or not is whether people actually accept it. Now as i have said before, merchants aren't going to switch to bitcoin cash because most service providers are in support of core. So bitcoin cash has no utility value, and thus there is no point for anyone to hold onto their worthless tokens, and people will dump the coin to the ground for the actual bitcoin.

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July 30, 2017, 07:50:28 AM
 #23

I will hold both btc and bcc, hopefully bcc will have some value, but i only plan to buy btc in the future, i don't think bcc will overpower btc ever. As for selling, i never sell Grin

I will be more flexible. If the BCC will rise in the future, I will buy it, otherwise, I will just sell it.
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July 30, 2017, 08:05:44 AM
 #24

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.

https://coinmarketcap.com/currencies/bitcoin-cash/

Actually, it does have a market cap. People are trading bitcoin cash futures, and currently the total market capitalization stands at around 2 million bitcoins which is a lot. However whether or not it is liquid is completely another topic.

It doesn't have a market cap. The fork can, in theory, not even happen and in that case on ViaBTC, BTC and BCC will then be merged back into BTC. It's just a futures market -- and a highly illiquid (perhaps highly manipulated) one.

And even if BCC did exist (it won't until August 1), calculating the market cap based on ViaBTC's market alone gives a very inaccurate picture of market demand.

BTCbengi
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July 30, 2017, 08:12:24 AM
 #25

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


I think when BCC is released, it will take more advantage over current BTc. Because BCC provides us with instant, fast and free transactions. We can also carry it when there is no internet, no means of connection, etc. Finally, it will become as common as cash.

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July 30, 2017, 08:35:02 AM
 #26

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh
I can't pick one, yet. And I don't even know BCC value, it is still unknown .
But seems like btc will always be the king.
At the end of the day, who will win?
Who knows, right?
Bittoshi
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July 30, 2017, 08:35:10 AM
 #27

Ok, there are different scenarios preferred by the community:

1. BCC find few supporters and the majority will sell its free BCC in the following weeks. So price dumps into the ground. Afterwards, it will only be a minor pump&dump altcoin and forgotten in a few years from now.
2. Like 1. but afterwards, BCC finds more and more support over time due to its better technology and instant money transfers. In this case (of course) it would be good to buy some BCC after the fall and hold them until the price rises like with good old BTC in the past years. This would be a chance for all who missed buying BTC in the early days.
3. BCC will rise right from the start but this seems very unlikely.

I would say there is a 60% chance for 1. and a 30% chance for 2. Rest 10% for scenario 3.

Bitgesell (BGL):  A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.

It's just the beginning!
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July 30, 2017, 08:44:39 AM
 #28

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


I think when BCC is released, it will take more advantage over current BTc. Because BCC provides us with instant, fast and free transactions. We can also carry it when there is no internet, no means of connection, etc. Finally, it will become as common as cash.

You are very optimistic about BCC. Let's see  Wink

Bitgesell (BGL):  A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.

It's just the beginning!
Bitforking
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July 30, 2017, 10:07:20 AM
 #29

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


I think when BCC is released, it will take more advantage over current BTc. Because BCC provides us with instant, fast and free transactions. We can also carry it when there is no internet, no means of connection, etc. Finally, it will become as common as cash.

yeah, I can smell the stink of segwit coating btc in the air. east vs west! 
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July 30, 2017, 10:13:18 AM
 #30

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

That's it in a nutshell - we'll see a lot of selling later this week.

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July 30, 2017, 10:13:47 AM
 #31

I will still stick to bitcoin maybe a lot of people will buy BCC now but will dump it in the future probably. We can do a lot on bitcoin and its primary standard cryptocurrency in the market, but we cant escape that this BCC can still affect bitcoins price.
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July 30, 2017, 12:16:28 PM
 #32

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh
Actually both of them are better at thier place , At one side bitcoin which is our life and we spent our time and hard work to get it and other side is the bitcoin cash which will be new coin that will be generated by the same technology .
So I think bitcoin will be more better to have instead of bitcoin cash .
But as here we are getting the both without effecting the other one , so why not to have the both coin .
And also here we can think that we have the option to get a coin to buy in the very starting which is like the bitcoin ( infcatly from the same network ).
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July 30, 2017, 12:28:49 PM
 #33

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh
Always,bitcoin is the best.It is the pioneer in crypto coins.There is still doubt that whether hard fork would happen or not.Even if hard fork happens,still BCC would remain just as an altcoin.Even most of exchanges like coinbase,itbit,Bitmex,Exodus have already said that they would not support BCC.We have already seen lots of such situations,for example BU,most of them are just FUD aiming to make the bitcoin price fall.After august 1,we would once again notice BTC only prevailing in the market.
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July 30, 2017, 03:36:35 PM
 #34

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh
So far I'm still waiting for official news about BCC later, because i do not know about BCC well. I will still support bitcoin because bitcoin is the best and I'm sure many users and miners will still support BTC.
Variogam
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July 30, 2017, 04:03:43 PM
 #35

Let the market find out what is the best in the long term. BCC has chance to become more popular only if the BTC fees become very high again. So there is such chance, and because every current Bitcoiner owns equeal amount of BTC and BCC, then BCC has better position than any other altcoin in regard to network effect.

So would I buy BCC right after Aug 1? No, until it proves to be more usefull than BTC. For the same reason I wont be selling BCC right after Aug 1, the price will be probably so small to not even worth selling it.
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July 30, 2017, 04:17:34 PM
 #36

If I ask, choose which one between your wife or your child Smiley
That stupid question is without bitcoin then bitcoin cash will never exist so does your child if no wife what he was born by itself Smiley so the best, i think is the major fixed bitcoin of all

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July 30, 2017, 04:25:03 PM
 #37

My belief is that bitcoin BTC has come to stay, the arrival of bitcoin cash BCC is also a welcome development but I don't think that BCC will stand the test of time, some people's opinion is that BCC is dead on arrival, it could be recalled that most of the exchanges are not supporting BCC, in fact I just received a mail from coinbase informing me of retaining BTC.

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July 30, 2017, 09:42:23 PM
Last edit: July 30, 2017, 09:56:14 PM by JohnMacaron
 #38

I draw conclusions from several things
Bitcoin has many supporters / miners Bitcoin has many developers
So far bitcoin has been tested in its development and implementation
Bitcoin has been massively adopted

Bitcoin cash
Created by fork of bitcoin, which eventually becomes altcoin
Do not have a miner yet
Not yet in mass adoption

I am sure, bitcoin is better than bitcoin cash

I've seen some figures according to which Bitcoin has lost smth about 50%  of active users recently. It's a very great adoption do we have here, when very small fraction of world population adopts some kind of money and after that half of this small fraction leaves it. I wonder why? Why're people leaving Bitcoin? Can't manage to find plausible excuse for them, can you?
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July 30, 2017, 10:07:15 PM
 #39

For sure btc is the thing, still. Nobody can beat the original, that was made by Satoshi Nakamoto, himself. And bitcoin has gone through different procedures in the past. But it lived through history after history. So bitcoin is still the best among the cryptocurrency there is.

 
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July 30, 2017, 10:07:58 PM
 #40

the arrival of bitcoin cash BCC is also a welcome development
It's a welcome "development" in the first place for the large holders behind this rubbish coin, and after that, for the people that will use this one time opportunity to trade their free candy for BTC or fiat.

but I don't think that BCC will stand the test of time, some people's opinion is that BCC is dead on arrival
If you look at the terror squad behind this coins, it should not come as a surprise that this coin will remain operational for quite a long time. The only question is, how long will it take for this coin to lose its hype status, where after that it will be a low volume shitcoin that might get pumped from time to time. This coin won't keep holding its position in the spotlights for long, that's guaranteed.

it could be recalled that most of the exchanges are not supporting BCC, in fact I just received a mail from coinbase informing me of retaining BTC.
Exchanges and services will support ANYTHING that helps them potentially gain more users and profit. This market is not the same as how it used to be years ago, where Bitcoin in most cases was the first priority, and not the financial gains. Times changed, and thus we shouldn't be surprised to see them follow the most profitable road, even if it isn't morally the best thing to do.
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