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Author Topic: I support Bitcoin Cash and here's why.  (Read 2125 times)
JohnMacaron (OP)
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July 31, 2017, 09:16:11 AM
 #1

    Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.
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July 31, 2017, 09:36:15 AM
 #2

I also support Bitcoin Cash and the Segwit2x because I believe that it will be beneficial for us but I don't agree with your last statement that "Bitcoin is dying" just because of the recent price dropped. That is how the market always goes. There are ups and downs and we should not assume that a coin is dying just because of a simple price dropped. There will be lots of price drops in the future and there will also be price ups. You should get used to it if you are using Bitcoin particularly if you do trading.
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July 31, 2017, 09:41:01 AM
 #3

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.
Your ignorance astounds me.This is what happens to an individual if he is technically challenged and also bad at math.I would argue with you but leaving it upto someone who could swim down to your level of foolishness and coach you."Lack of Credibility" isn't the right way to judge a digital asset.Less do I care,lousy traders  lack basic understanding of how bitcoin works anyway.

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kissmarx
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July 31, 2017, 09:59:05 AM
 #4

I support both the BitCoin and the BitCoin Cash.
Yes, BitCoin may have some issues now, but I don't thing it's going to die.
No, it's not dying.
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July 31, 2017, 10:00:22 AM
 #5

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all?

Nope. Market share is a soft metric used by CEOs. It's irrelevant here.

That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees.

If you want to get that 1st confirmation before the other users of the network, you pay the higher fee. The system has no downtime as a result. "Markets work."

After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

The fact is, better technologies exist for the use cases Bitcoin cash is meant to address.

Buy the dip with the security and privacy of your own wallet: use cross chain atomic swaps to trade Bitcoin, USDT, and Ether. Trades are secured and settled on-chain. https://sibex.io
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July 31, 2017, 10:05:35 AM
 #6

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

There's an entire website dedicated to bitcoin obituaries, I seriously doubt you are the one with the winning prediction.

Bitmain coin is just another altcoin, beware as it is controlled by one company it can easily be regulated by the Chinese government, you may lose your investment.

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July 31, 2017, 10:15:26 AM
 #7

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

It's not a reason for Bitcoin Cash to take over Bitcoin. Be sure that after August 1 and after high Bitcoin demand, Bitcoin will rise in value very much and market share will rise too. And Bitcoin cash is just an altcoin and never replace Bitcoin.

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kuryadi
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July 31, 2017, 11:00:26 AM
 #8

I still support bitcoin because I think bitcoin cash is still new in the world of crytocoin .. still few who use this coin. Unlike bitcoin that has many users. Bitcoin prices are more predictable and easier to use. It may still take time for bitcoin cash to match the bitcoin.

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Searing
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July 31, 2017, 11:03:41 AM
 #9



I suspect that BCC is just an attempt to get an ALT COIN launched in a manner that has a bit more 'polish on the turd' don't ya know.

Thus if BCC as an alt does as well as say Ethereum Classic did as an Alt fork...they will be very rich indeed.

Just my view. They are taking a wild ass shot they can chip off say 2-5% into this Alt from the get go and thus hang it out there at a

pretty good profit for their FUD to BTC and other efforts.

Anyway, how I see it.


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July 31, 2017, 11:10:54 AM
 #10

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

There's an entire website dedicated to bitcoin obituaries, I seriously doubt you are the one with the winning prediction.

Bitmain coin is just another altcoin, beware as it is controlled by one company it can easily be regulated by the Chinese government, you may lose your investment.

Yeah and it really suddens me, even though bcc has only minority support but its funded by chinese investors.
We all know what chinese investors are capable to do, they can do impossible to possible.

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July 31, 2017, 11:13:32 AM
 #11

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

this strategy of pushing for idiotic stuff is too old now. you are assuming people are too dumb to believe misinformation like that!

what coinmarketcap.com calls "dominance" is a bad comparison factor between market capitalization and nearly everyone knows that altcoins such as Ethereum and Ripple are the reason why, with their ridiculously huge number of coins. it is 96 million and 100 billion coins! compared to 16 million of bitcoin! and ripple released a couple of billion recently and ethereum is being mined with mad numbers daily!

the price never went down to $1700 unless in your dreams. it went down to about $1850 and only lasted there for half hour before going back up above $2000 and every newbie who can look at a chart knows this type of change (10-20% drop due to FUD) has always been a normal thing even back in 2009.

and the only reason for high fees which lasted less than 3 months was becanse those who are advertising bitcoin cash have been spam attacking bitcoin network.

and besides if bitcoin were dying or dead or whatever, you wouldn't have been here spreading your FUD Wink

Holding Bitcoin More Every Day
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July 31, 2017, 11:18:18 AM
 #12

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

Where have you come from? This is one of the most ignorant comments I've read. Or you are deliberately trying to spread some kind of panic but with no success. BCC is totaly not relevant on the market and it will be even less and people will continue to use bitcoins that    so far has made some serious impact on cryptocurrencies market and will stay that way.

malaj
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July 31, 2017, 11:20:04 AM
 #13

It is true that bitcoin had a rough times until the price drop down and it is true that most people complain about the fee and speed transaction, but like it or not bitcoin still the best coin and after being promised segwit the price directly go up, that indicates that there are still a lot of bitcoin supporters, and bitcoin is not dying, bitcoin just start to revive
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July 31, 2017, 11:29:17 AM
 #14

I don't think that Bitcoin returned back to the 2700$ level because of just the consumers' pure speculation only, and I think it would be opposite because traders see Bitcoin's future to be uncertain therefore it will return maintain the 1800$ level price range. Market cap is just one metric that can determine the future of Bitcoin but I don't say it is enough to give you assurance to its future. So if I were you just observe the market in August 1 before its too late.

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July 31, 2017, 11:39:12 AM
 #15

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

Wow. Another FuD. LOL. Did you check the marketcap of bitcoin today? Its above 51%. Your data is not up to date. It came with Ethereum is challenging bitcoin for dominance and look what happened. The flippening did not pushed through and bitcoin remain as no. 1 that allow will show that bitcoin will not simply go away but will fight back. Nice FUD, but people here are not dumb and stupid.

 
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July 31, 2017, 11:53:38 AM
 #16

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.
Too Bitter eh? Those kind of circumstances do really happen on bitcoin but it doesnt mean that it would die easily. I dont care if you do support BCC since its your own choice anyway but talking about Bitcoins gonna die without minding that you came from it and gain benefit from it back on the past and now you do easily dump it and say useless things against it. How could you?  Cool

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July 31, 2017, 12:13:36 PM
 #17

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.
You know nothing about free markets OR supply and demand. If I were you, I'd stay  away from any type of "investing" or "trading". You seem best suited to collecting aluminum cans by the roadside.

You only live once....if you do it right, once is enough.

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July 31, 2017, 12:19:30 PM
 #18

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.
I don't actually see any reason, in your post, for why you support Bitcoin Cash.
People stopped using Bitcoin (even though the price is near it's all time high, is up 300% this year and is being adopted ever more by the mainstream) so it's dominance fell (actually this fall started after the ETF rejection) so now it is dying (despite price rises and Segwit2x being adopted).

Why do you support Bitcoin cash?  Does is have a higher than 38% dominance? Is it's price higher than $2700 or even $1700?  I personally don't have anything against bigger blocks, I think 8mb blocks would have been a much easier solution than Segwit2x, but Bitcoin Cash, a minority, centralized UAHF, isn't the answer.
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July 31, 2017, 12:29:56 PM
 #19

   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

We've already talked about this in the past. Coinmarketcap bitcoin dominance % is nonsense and not a realistic guidance at all for what's going on. More detail here:

https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4

Also, nobody stopped using bitcoin, people just like to speculate on shitcoins to make more bitcoin.

Adoption is the same as always, except when Roger Ver spammed the network. Adoption rate is OK for 1MB+segwit, we don't need to risk a HF increase.

BCC is shit developed by idiots and will crash. Sell your BTC for BCC to learn a lesson.
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July 31, 2017, 12:38:59 PM
 #20

so, what time will this fork begin? is it schdeuled or any time after 1 august? I could not find information
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