Bitcoin Vs Bitcoin Cash

[virasog]

Don't think of it like that. Think of it as there is Bitcoin, and then there is Bitcoin cash. Bitcoin cash you can treat it like it's a brand new all kind of came out of nowhere. It's getting about the same amount of traffic that a brand new out coin with a very good promotion steam ahead of time would have got. It is also getting a slight following from those who treat it like it's some sort of political deviation for Bitcoin.

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[jaysabi]

bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)

The capacity is immensely important. I'm not a fan at all of BCH, but to the extent the differences have merit, they ought to be considered fairly. Extra capacity is the whole point. If BTC reaches capacity again and the network slows down and fees skyrocket, all of a sudden BCH looks much more attractive. I don't see the point in BCH unless SegWit2x proves to be unable to cope with future transaction load and the developers again refuse to make changes. At that point, you've got a clone with the capacity to handle the extra transactions, and I'm sure if push comes to shove, they'd adopt SegWit on top of it creating even more capacity. As for why anyone would use that over Litecoin is the same question as to why anyone uses Bitcoin over Litecoin if the transactions are so much faster and cheaper over there. BCH has one thing that differentiates itself, and that's a very recent shared identity and an outside shot of claiming itself the legitimate Bitcoin chain with the masses. (I don't buy it, but if everyone else eventually does... well, we're all at the mercy of the consensus in that regard.)

[deisik]

bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)

The capacity is immensely important. I'm not a fan at all of BCH, but to the extent the differences have merit, they ought to be considered fairly. Extra capacity is the whole point. If BTC reaches capacity again and the network slows down and fees skyrocket, all of a sudden BCH looks much more attractive. I don't see the point in BCH unless SegWit2x proves to be unable to cope with future transaction load and the developers again refuse to make changes. At that point, you've got a clone with the capacity to handle the extra transactions, and I'm sure if push comes to shove, they'd adopt SegWit on top of it creating even more capacity. As for why anyone would use that over Litecoin is the same question as to why anyone uses Bitcoin over Litecoin if the transactions are so much faster and cheaper over there. BCH has one thing that differentiates itself, and that's a very recent shared identity and an outside shot of claiming itself the legitimate Bitcoin chain with the masses. (I don't buy it, but if everyone else eventually does... well, we're all at the mercy of the consensus in that regard.)

You are always massively confusing things

In this case specifically, you implicitly assume that Bitcoin Cash and the regular Bitcoin still remain somehow connected or affiliated but after the split this is no longer the case. Bitcoin Cash is already just another coin (like many others out there), and converting from regular Bitcoin to this Bitcoin would be equal to selling and buying coins just like with any other two coins. So why would people want to use this China coin (when there is a congestion in the regular Bitcoin network) when they can buy Litecoin instead, which would be safer, cheaper, and faster? Anyway, Litecoin has virtually unlimited capacity, so why would Bitcoin Cash look more attractive and to whom exactly (and still more so if we are to compare and consider things "fairly")?

[jojo69]

I don't see the problem with "high" transaction fees.  If it chases dice games and coffee off the gold standard blockchain so much the better.

Bitcoin is for large transactions.

[bitcoinvestor]

bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)

BCH is developed by opportunist who want to take short time profit. Users ask to change BTC to BCH 1:1. Can you imagine how stupid bitcoin users who will earn 2800 USD : 280 USD. Now the price is 10:1. I think BTC is better than BCH. The volatile market is larger than BCH. I think I agree to buy litecoin or dogecoin. It is cheaper and the market is accepted widely. They are the first cryptocurrencies.

[marcuslong]

i son't think that it can be as bitcoin soon but there are some predicion for it people nowadays are good in the market for trading and dumping those coins to make profit if there a chance to be a second bitcoin then lets accept the fact that bcc os already part of soicity where it can be use as well to earn money if these happens maybe thr price of it will range to 1000$ after many years

[trecore4]

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?

This question is anywats obsolete now as we can see bitcoin cash ended up with dust and dirt. Yes bitcoin cash is now another altcoin and it is being dumped like very bad in the market. This was already predicted that bitcoin cash when given in free way it will be sold right away it gets available on the exchanges. This led to devaluation of the BCC  and that's the whole story of this altcoin.

[cotton ball]

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?

This question is anywats obsolete now as we can see bitcoin cash ended up with dust and dirt. Yes bitcoin cash is now another altcoin and it is being dumped like very bad in the market. This was already predicted that bitcoin cash when given in free way it will be sold right away it gets available on the exchanges. This led to devaluation of the BCC  and that's the whole story of this altcoin.

The story still does not end there, seeing almost all exchangers put a bch on their list, maybe there is no physical function of the bch, but if the trader's awareness of the exchange rate bch far outperformed the widely applicable eth it is certain this coin will remain at the current level, we will still see the next bch positive boom in the near future.

[pizamoi]

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?

This question is anywats obsolete now as we can see bitcoin cash ended up with dust and dirt. Yes bitcoin cash is now another altcoin and it is being dumped like very bad in the market. This was already predicted that bitcoin cash when given in free way it will be sold right away it gets available on the exchanges. This led to devaluation of the BCC  and that's the whole story of this altcoin.

The story still does not end there, seeing almost all exchangers put a bch on their list, maybe there is no physical function of the bch, but if the trader's awareness of the exchange rate bch far outperformed the widely applicable eth it is certain this coin will remain at the current level, we will still see the next bch positive boom in the near future.

The more exchanges that open up deposits and credit their users the more people will dump and the more the price will crash. BCH only had a chance as long as few exchanges listed it.

[veleten]

lets wait and see how the things progress: the first notable sign will be
the difficulty chnage,once there is the adjustment,there could be shifts in hashing power
much will depend if it is profitable to mine BCH at that point,then difficulty will adjust more
and,suddenly,there could be miners,aside from Viabtc,who would want to mine BCC instead of BTC
too early to tell,but at the moment,the price is steadily dropping to 0.11 btc/bcc and there are no signs for it to go up back to 0.15 or higher

[Himanshu111]

I think Bitcoin cash has potential but I'd don't think it has a lot of support. It is not as popular as Bitcoin so i think investment in Bitcoin is better. Bitcoin has the largest market capital and it is the most popular crypto.

[deisik]

lets wait and see how the things progress: the first notable sign will be
the difficulty chnage,once there is the adjustment,there could be shifts in hashing power
much will depend if it is profitable to mine BCH at that point,then difficulty will adjust more
and,suddenly,there could be miners,aside from Viabtc,who would want to mine BCC instead of BTC
too early to tell,but at the moment,the price is steadily dropping to 0.11 btc/bcc and there are no signs for it to go up back to 0.15 or higher

The emphasized part looks particularly suspicious

Basically, I see no point in mining a coin which is going to bite the dust no matter how low its difficulty goes. If what you say and assume were true indeed, miners would be mining shit coins. But since it is economically meaningless, no one is actually mining them. Many people seem to forget that Bitcoin Cash is no longer related to original Bitcoin (they have common past, but not present and still less future), while the rules which are applicable to mining any coin didn't magically change in respect to this coin specifically. It may take some time till people get used to this new old reality

[figmentofmyass]

I think Bitcoin cash has potential but I'd don't think it has a lot of support.

i won't lie. i was really surprised at the level of support from exchanges. you could tell by Coinbase's repeated backtracking that they were getting pushback from their customers.

the question is, was all this demand from customers just due to them wanting to dump their BCH? or because they want to hold/invest?

[Westfiled]

I think Bitcoin cash has potential but I'd don't think it has a lot of support. It is not as popular as Bitcoin so i think investment in Bitcoin is better. Bitcoin has the largest market capital and it is the most popular crypto.

The bitcoin cash doesn't have enough miners to support the network. I sent my bitcoin cash amount from hitbtc to the bittrex but this time already over 10 hours. And i will be expecting my transaction gets deliver tomorrow.

[Nathland]

I think Bitcoin cash has a lot of potential and it will grow in very less time. You can expect Bitcoin cash near 2000$ within 6 months so i think it is good investment option. A person should keep a part of his money in BTC cash and a part in BTC.

[veleten]

lets wait and see how the things progress: the first notable sign will be
the difficulty chnage,once there is the adjustment,there could be shifts in hashing power
much will depend if it is profitable to mine BCH at that point,then difficulty will adjust more
and,suddenly,there could be miners,aside from Viabtc,who would want to mine BCC instead of BTC
too early to tell,but at the moment,the price is steadily dropping to 0.11 btc/bcc and there are no signs for it to go up back to 0.15 or higher

The emphasized part looks particularly suspicious

Basically, I see no point in mining a coin which is going to bite the dust no matter how low its difficulty goes. If what you say and assume were true indeed, miners would be mining shit coins. But since it is economically meaningless, no one is actually mining them. Many people seem to forget that Bitcoin Cash is no longer related to original Bitcoin (they have common past, but not present and still less future), while the rules which are applicable to mining any coin didn't magically change in respect to this coin specifically. It may take some time till people get used to this new old reality

it takes Bitmain to introduce some special "BCC asic boost" or declare full support for the coin
and miners could switch,not saying they would,but there is a chance
so I'm watching it,even if its market capitalisation is third at the moment-deserves some attention
many will be decided after the initial dump and the difficulty adjustment(s) ,so lets wait and see

[deisik]

lets wait and see how the things progress: the first notable sign will be
the difficulty chnage,once there is the adjustment,there could be shifts in hashing power
much will depend if it is profitable to mine BCH at that point,then difficulty will adjust more
and,suddenly,there could be miners,aside from Viabtc,who would want to mine BCC instead of BTC
too early to tell,but at the moment,the price is steadily dropping to 0.11 btc/bcc and there are no signs for it to go up back to 0.15 or higher

The emphasized part looks particularly suspicious

Basically, I see no point in mining a coin which is going to bite the dust no matter how low its difficulty goes. If what you say and assume were true indeed, miners would be mining shit coins. But since it is economically meaningless, no one is actually mining them. Many people seem to forget that Bitcoin Cash is no longer related to original Bitcoin (they have common past, but not present and still less future), while the rules which are applicable to mining any coin didn't magically change in respect to this coin specifically. It may take some time till people get used to this new old reality

it takes Bitmain to introduce some special "BCC asic boost" or declare full support for the coin
and miners could switch,not saying they would,but there is a chance
so I'm watching it,even if its market capitalisation is third at the moment-deserves some attention
many will be decided after the initial dump and the difficulty adjustment(s) ,so lets wait and see

Bitcoin China Coin seems to have lost already

It didn't get support from buyers, but that's what ultimately counts (and miners are very well familiar with that). In this manner, it doesn't matter altogether if Bitmain and their minions fully switch to mining this Bitcoin Trash. Basically, they will be shooting themselves in the foot and letting other miners (which will continue to mine the regular Bitcoin) to earn the profits that they voluntarily gave up. Why would they want that if Bitcoin Cash seems to have failed already? I don't see any viable reason why people would ever want to invest in it

[Mr.grin]

Well, I think bitcoin cash is not stable yet. Although the price is high, but I think it's only temporary. Well, of course bitcoin is better. Even etherium is still better than bitcoin cash in terms of usefulness.

[Basmic]

I can't even compare these currencies. Bitcoin is a proven crypto currency №1 in the world. Bitcoin cash is a new product on the market trying to earn dividends on that uses the name of bitcoin. I do not believe that this project will exist for a long time and probably all who think that he will repeat the fate of bitcoin is wrong.

[Tamilson]

I can't even compare these currencies. Bitcoin is a proven crypto currency №1 in the world. Bitcoin cash is a new product on the market trying to earn dividends on that uses the name of bitcoin. I do not believe that this project will exist for a long time and probably all who think that he will repeat the fate of bitcoin is wrong.

Exactly dude. Comparing btc to bch is non sense. As btc proves itself in the market and many countries are legalizing it and the price is increasing over time. Bch, just an imitation of btc and trying to steal the lime light. A trying hard coin. Sooner as many exchanges will have orders of bch many will dump their coins and buy altcoins that are potentially grow in the market.