winterland
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September 02, 2017, 11:20:56 PM |
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What do you think of Bitcoin Cash? Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Bitcoin cash is another alt and one that is not very good, no one trusts that coin for the simple reason that the users of bitcoin were not asking for a hard fork all of that was the miners idea that is why you do not see many users of that altcoin. I read a lot of information about this coin and I concluded that it is not just an alternative coin. This is the same bitcoin, only processed by other nodes. If so, then this coin has a great future No it is an alt, it is an alt based on bitcoin, but at the end is still an alt, so I do not think it is going to survive a long period of time since only speculators are using that coin.
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jaysabi
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September 05, 2017, 10:00:36 PM |
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The blocks in BTC are full, filled with about 2000 transactions each block. The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for. Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so. Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there... I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes. That’s good for the survival of bitcoin cash. I guess miners are very much interested into this coin and if they keep supporting it, this coin will pump high but currently, it is at very bad price. As far as bitcoin cash and bitcoin comparison is concerned, I don’t think so this kiddo coin can ever be able to stand next to bitcoins. How is it at a very bad price? They manufactured this coin out of thin air and it's maintained a multi-billion dollar market cap since inception, which ostensibly means they manufactured billions of dollars worth of value out of thin air and based on nothing. And there has been enough buying activity to support this valuation for weeks now. I wouldn't at all consider that a "bad price." It's damn near a miracle, and pretty fortunate for anyone with BCash that they haven't been crushed by a wave of sellers.
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deisik
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September 06, 2017, 07:22:20 AM |
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The blocks in BTC are full, filled with about 2000 transactions each block. The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for. Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so. Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there... I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes. That’s good for the survival of bitcoin cash. I guess miners are very much interested into this coin and if they keep supporting it, this coin will pump high but currently, it is at very bad price. As far as bitcoin cash and bitcoin comparison is concerned, I don’t think so this kiddo coin can ever be able to stand next to bitcoins. How is it at a very bad price? They manufactured this coin out of thin air and it's maintained a multi-billion dollar market cap since inception, which ostensibly means they manufactured billions of dollars worth of value out of thin air and based on nothing. And there has been enough buying activity to support this valuation for weeks now. I wouldn't at all consider that a "bad price." It's damn near a miracle, and pretty fortunate for anyone with BCash that they haven't been crushed by a wave of sellers. They certainly manufactured this coin out of thin air But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
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jaysabi
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September 13, 2017, 08:53:32 PM |
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The blocks in BTC are full, filled with about 2000 transactions each block. The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for. Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so. Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there... I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes. That’s good for the survival of bitcoin cash. I guess miners are very much interested into this coin and if they keep supporting it, this coin will pump high but currently, it is at very bad price. As far as bitcoin cash and bitcoin comparison is concerned, I don’t think so this kiddo coin can ever be able to stand next to bitcoins. How is it at a very bad price? They manufactured this coin out of thin air and it's maintained a multi-billion dollar market cap since inception, which ostensibly means they manufactured billions of dollars worth of value out of thin air and based on nothing. And there has been enough buying activity to support this valuation for weeks now. I wouldn't at all consider that a "bad price." It's damn near a miracle, and pretty fortunate for anyone with BCash that they haven't been crushed by a wave of sellers. They certainly manufactured this coin out of thin air But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that) Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin.
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deisik
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September 13, 2017, 09:04:32 PM |
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They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin I still wouldn't compare stocks with crypto I've seen some post of yours today (regarding the stance of Jamie Dimon from JPMorgan Chase on Bitcoin) where you basically agree with this dude that Bitcoin is purely a speculative asset that will likely blow up eventually. Now compare that with the stock of some real company like IBM or Intel. Obviously, the liquidation value of Bitcoin is zero for pretty obvious reasons, but is it the same with the stock of these companies? If all shareholders decide to sell their stock one day, the companies will just buy up all of their own shares, but who is to buy the last bitcoin? So it is certainly not the six of one and half a dozen of the other
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kevinn669
Sr. Member
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Tokens That Store Virtual Energy
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September 13, 2017, 09:38:55 PM |
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It seems to me that in November BCC will cease to exist. The original bitcoin will get an improvement, thanks to which transactions will become fast and cheap. And BCC will not have the advantages
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jaysabi
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September 21, 2017, 01:19:04 AM |
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They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin I still wouldn't compare stocks with crypto I've seen some post of yours today (regarding the stance of Jamie Dimon from JPMorgan Chase on Bitcoin) where you basically agree with this dude that Bitcoin is purely a speculative asset that will likely blow up eventually. Now compare that with the stock of some real company like IBM or Intel. Obviously, the liquidation value of Bitcoin is zero for pretty obvious reasons, but is it the same with the stock of these companies? If all shareholders decide to sell their stock one day, the companies will just buy up all of their own shares, but who is to buy the last bitcoin? So it is certainly not the six of one and half a dozen of the other No, the difference being that stock is an ownership stake and in the liquidation of a company, has inherent value that shares are worth during liquidation. If the book value of the company isnabove zero, you would generally not expect the stock to liquidate below the book value. Market cap is there most relevant metric to assess the size of a company, or in this case, a crypto.
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drachman
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September 21, 2017, 04:13:50 AM |
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What do you think of Bitcoin Cash? Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
It is not a matter of what we think, bitcoin cash is an alt whether they like it or not, and it is never going to become the true bitcoin, there is only one bitcoin and it is the one created by satoshi and maintained by the core devs anything else is an altcoin.
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Fretcy
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September 21, 2017, 04:52:37 AM |
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Bitcoin is the developmental pathway of bitcoin cash in the crypto market, bitcoin cash is easier to mine than bitcoin and compare to both cryptocurrencies bitcoin cash has low transaction fees than bitcoin blockchain. The block size of bitcoin is 1 megabyte whereas the blocksize of bitcoin cash is 8 megabytes
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deisik
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September 22, 2017, 07:35:57 AM |
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They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin I still wouldn't compare stocks with crypto I've seen some post of yours today (regarding the stance of Jamie Dimon from JPMorgan Chase on Bitcoin) where you basically agree with this dude that Bitcoin is purely a speculative asset that will likely blow up eventually. Now compare that with the stock of some real company like IBM or Intel. Obviously, the liquidation value of Bitcoin is zero for pretty obvious reasons, but is it the same with the stock of these companies? If all shareholders decide to sell their stock one day, the companies will just buy up all of their own shares, but who is to buy the last bitcoin? So it is certainly not the six of one and half a dozen of the other No, the difference being that stock is an ownership stake and in the liquidation of a company, has inherent value that shares are worth during liquidation. If the book value of the company isnabove zero, you would generally not expect the stock to liquidate below the book value. Market cap is there most relevant metric to assess the size of a company, or in this case, a crypto I don't quite understand what you are arguing with Did you actually read my post or just hurried up to write something in reply (expecting me to have challenged your point)? A book value of a company (as far as I understand it) is just the liquidation price of all its assets (likely minus liabilities), so in the majority of cases it should remain above zero as you happen to point out yourself. But this is what I'm telling myself, namely, that Bitcoin is not stock (since it can drop to zero), and they are certainly NOT the six of one and half a dozen of the other. It looks you kinda replied to someone else's post, so you may want to stop and read my post after all
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ShadowBits
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September 22, 2017, 08:19:28 AM |
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What do you think of Bitcoin Cash? Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Bitcoin is still the most accepted and used. Basically everyone in the Bitcoin train doecnt support bcash. its just another altcoin
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Senja Kemuning
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September 22, 2017, 09:51:12 AM |
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I think the presence of bitcoin does not significantly affect the performance of bitcoin, of course everyone knows it is bitcoin, if anyone says bitcoin cash then it's like altcoin and different from bitcoin.
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holdingkrypto
Jr. Member
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Activity: 59
Merit: 10
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September 22, 2017, 10:11:42 AM |
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BCH is not serious at all for the EDA adjustment thing with miners switching for their convenience. Yesterday hashing of bch fell to just 0.12 exahashes/s doing factible a 51% attack to many mining polls. Seriously how can someone trust something like that with his money?
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badungs
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September 22, 2017, 10:29:42 AM |
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What do you think of Bitcoin Cash? Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
so, like what it is the shape? like paper? or coin, circle? when bitcoin live cash, it can broke. so its will not worth it. better like now maybe
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pitiflin
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September 22, 2017, 10:49:43 AM |
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What do you think of Bitcoin Cash? Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
No,Bitcoin cash is not as same as bitcoin. Bitcoin cash is entirely different than bitcoin, but mining bitcoin cash seems to more profitable than bitcoin is what I heard because of the antminer being used(which helps miners to switch between bitcoin cash and bitcoin) and also bitmain supporting bitcoin cash. Now that China is trying to totally remove the system of bitcoin in their country ,who will support bitcoin cash? Because China's mining resources is larger than any other country till now.
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Sled
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September 22, 2017, 11:53:28 AM |
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What do you think of Bitcoin Cash? Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
No,Bitcoin cash is not as same as bitcoin. Bitcoin cash is entirely different than bitcoin, but mining bitcoin cash seems to more profitable than bitcoin is what I heard because of the antminer being used(which helps miners to switch between bitcoin cash and bitcoin) and also bitmain supporting bitcoin cash. Now that China is trying to totally remove the system of bitcoin in their country ,who will support bitcoin cash? Because China's mining resources is larger than any other country till now. Why are you into bitcoin mining or bitcoin cash mining when you can use your bitcoin to be more profitable than bitcoin cash in other way and that is mining because that is a very profitable way and you can earn more bitcoin than those people who are mining bitcoin cash and also mining other coins.
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mozillaspez
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September 23, 2017, 06:04:20 AM |
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They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin I still wouldn't compare stocks with crypto I've seen some post of yours today (regarding the stance of Jamie Dimon from JPMorgan Chase on Bitcoin) where you basically agree with this dude that Bitcoin is purely a speculative asset that will likely blow up eventually. Now compare that with the stock of some real company like IBM or Intel. Obviously, the liquidation value of Bitcoin is zero for pretty obvious reasons, but is it the same with the stock of these companies? If all shareholders decide to sell their stock one day, the companies will just buy up all of their own shares, but who is to buy the last bitcoin? So it is certainly not the six of one and half a dozen of the other No, the difference being that stock is an ownership stake and in the liquidation of a company, has inherent value that shares are worth during liquidation. If the book value of the company isnabove zero, you would generally not expect the stock to liquidate below the book value. Market cap is there most relevant metric to assess the size of a company, or in this case, a crypto I don't quite understand what you are arguing with Did you actually read my post or just hurried up to write something in reply (expecting me to have challenged your point)? A book value of a company (as far as I understand it) is just the liquidation price of all its assets (likely minus liabilities), so in the majority of cases it should remain above zero as you happen to point out yourself. But this is what I'm telling myself, namely, that Bitcoin is not stock (since it can drop to zero), and they are certainly NOT the six of one and half a dozen of the other. It looks you kinda replied to someone else's post, so you may want to stop and read my post after all We can say that somehow bitcoin is a stock if you buy some bitcoin in them it is increasing but we cannot say that it is totally like stock because it is enhancing people lives means increasing value of bitcoin.
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Dobmader
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September 26, 2017, 06:27:27 PM |
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What do you think of Bitcoin Cash? Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
No,Bitcoin cash is not as same as bitcoin. Bitcoin cash is entirely different than bitcoin, but mining bitcoin cash seems to more profitable than bitcoin is what I heard because of the antminer being used(which helps miners to switch between bitcoin cash and bitcoin) and also bitmain supporting bitcoin cash. Now that China is trying to totally remove the system of bitcoin in their country ,who will support bitcoin cash? Because China's mining resources is larger than any other country till now. Why are you into bitcoin mining or bitcoin cash mining when you can use your bitcoin to be more profitable than bitcoin cash in other way and that is mining because that is a very profitable way and you can earn more bitcoin than those people who are mining bitcoin cash and also mining other coins. It is good to hold your bitcoin for the long time than investing your money in the useless things. Bitcoin is the best currency to hold for the long time and it is safer than the early time when everyone was afraid of the hackers and they were not ready to take the risk to invest in bitcoin. Today is the era of the digitals so it is good to invest in bitcoin and save your bitcoin for the profit than to cashing it out with low profit.
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futile-resistance
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September 28, 2017, 10:47:00 AM |
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I think so far the price of Bitcoin cash is quite active in the market and is now starting to increase, but in my opinion it is still under the influence of bitcoin. And to be able to compete with bitcoin would take a relatively long time
I think there is hardly any difference between the two. Bitcoin and Bitcoin cash are very much close to each other. I think if you to do trading, then it is better for you to keep your assets in the form of Bitcoin cash. Otherwise, Bitcoin is a very good option as far as holding is concerned.
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deisik
Legendary
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September 28, 2017, 10:55:21 AM |
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I think so far the price of Bitcoin cash is quite active in the market and is now starting to increase, but in my opinion it is still under the influence of bitcoin. And to be able to compete with bitcoin would take a relatively long time
I think there is hardly any difference between the two. Bitcoin and Bitcoin cash are very much close to each other. I think if you to do trading, then it is better for you to keep your assets in the form of Bitcoin cash. Otherwise, Bitcoin is a very good option as far as holding is concerned. Well, I'm curious if you really think so Or think at all when you write stuff like this. Anyway, if anyone thinks along the same lines, you may want to make a simple reality check and look at the current price of the regular Bitcoin which is over 4,000 dollars per coin at moment and the price of Bitcoin Cash which is a little over 400 dollars, i.e. almost ten times lower. As to me, anyone claiming that these coins are virtually the same has serious issues with their perception and distinction
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