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Author Topic: Bitcoin Vs Bitcoin Cash  (Read 17227 times)
andloveme
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August 04, 2017, 11:51:31 AM
 #141

Sure BCC will have high volume and a price around 200 dollars but BTC will still be considered BTC. BCC will just be considered an alt.
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August 04, 2017, 03:33:53 PM
 #142

Sure BCC will have high volume and a price around 200 dollars but BTC will still be considered BTC. BCC will just be considered an alt.
I think BTC is superior to BCC, although BCC transactions are huge but will not be able to beat BTC, I hope this is the last hard fork so users are increasingly optimistic with the future of bitcoin...
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August 04, 2017, 03:47:07 PM
 #143

Sure BCC will have high volume and a price around 200 dollars but BTC will still be considered BTC. BCC will just be considered an alt.
I think BTC is superior to BCC, although BCC transactions are huge but will not be able to beat BTC, I hope this is the last hard fork so users are increasingly optimistic with the future of bitcoin...
The free coins will end quickly. 2 months is still a choice of many people. After that they will throw it away. It's a strong signal that BTC remains unmatched. Very good price BCC, just enjoy it.

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August 04, 2017, 09:38:56 PM
 #144


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.
We can say that bitcoin cash is another altcoin but calling them altcoin your changing the theme of bitcoin cash because bitcoin cash is from bitcoin and they are providing the services of bitcoin cash so i would like to say that we should not say that this is another altcoin because if we call it another altcoin then it will be not that much stable in a future like bitcoin because they are many altcoins which is keep alive but don't having worth.
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August 04, 2017, 10:01:11 PM
 #145

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.
There is two option I see for Bitcoin Cash:

- users will dump Bitcoin Cash and eventually, it will become dirt cheap,  and by dirt cheap, I mean like 0.01% of original bitocin
- Bitcoin Cash will become somewhat usable (I doubt it personally), or it gathers a certain amount of a 'fan base'(more likely)and  these people will keep the value of it on stable level
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August 04, 2017, 10:47:13 PM
 #146

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")?

What is it that you think was confused, exactly? Because every time someone has an opinion differing from you, you label that as the other person misunderstanding or being confused. It's rather embarrassing for you that you think every instance of a different opinion is the other person being confused. Because apparently you think I think that BTC and BCH are still connected or affiliated, even though I don't.

BTC and BCH are two separate coins, but it is not like any other alt because BCH is essentially a clone of BTC with the only difference being block size (i.e. capacity). Up to a few days ago, they had the exact same history. That is, first and foremost, something no other coin gets to say. BCH is the only coin with the chance of claiming legitimacy of the "Bitcoin" legacy. So BCH is quite different from litecoin because BCH and BTC share a common history as of several days ago, and BCH's entire point is to SUPPLANT bitcoin, not operate as a compliment to it like litecoin has always maintained was its purpose. If BCH didn't want to SUPPLANT bitcoin, there would be no point in branching off. BCH did so in the belief that the only way to save bitcoin was to correct the biggest flaw in allowing the network to scale appropriately, capacity. The only way BCH maintains value now is if they ultimately prove to be right about the capacity issue. If BTC's blockchain once again becomes congested and unusable, BCH's is the closest ecosystem to bitcoin, not litecoin. Additionally, if litecoin is so superior in speed and cost and capacity, it would already be beating BTC, and it sure as heck would have replaced BTC during the last several-month-long period of congestion and skyrocketing fees. The fact that it's not and it didn't means Bitcoin has something that the market desires beyond what litecoin offers, (call it legacy, name recognition or some unquantifiable attribute) and at a point where BTC no longer can meet market need (due to capacity restraints), the most likely chain of events is for the market to latch on to the closest thing that matches Bitcoin, and right now that's BCH on account to there only being one difference between the two systems.

You can disagree with that, and I fully expect you will, but don't be such a pompous jackhole that you think because I have a different opinion than you it's because I'm confused. That level of arrogance is incongruent with having any type of worthwhile discussion.

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August 04, 2017, 10:58:49 PM
 #147

even tho bitcoin block size is only 2mb and bitcoin cash has a 8mb i still go with bitcoin. because bitcoin cash is just like other altcoin where they got the source code from bitcoin so i still prefer bitcoin because bitcoin is the first crypto currency i used and all people used to live on. there's no split happening because we are believing on bitcoin.
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August 04, 2017, 11:02:33 PM
 #148

Bitcoin cash equals altcoin for me. And I think bitcoin cash will not beat bitcoin like other altcoin. Bitcoin users more than altcoin users .. let alone bitcoin cash is still new in the world of cryto so it still takes time to become popular coins that are often used. Different with bitcoin cash .. bitcoin is acceptable anywhere. Many companies, online stores accept bitcoin as a means of payment. Maybe bitcoin cash can not do that way

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August 04, 2017, 11:07:36 PM
 #149

even tho bitcoin block size is only 2mb and bitcoin cash has a 8mb i still go with bitcoin. because bitcoin cash is just like other altcoin where they got the source code from bitcoin so i still prefer bitcoin because bitcoin is the first crypto currency i used and all people used to live on. there's no split happening because we are believing on bitcoin.

There is already an split that happened and the result is BCC. Yes it is an altcoin but for me it is something that is closer to the current bitcoin that any other altcoins has. If you think of it, bitcoin cash is based on Satoshi Nakamoto's dream so you can say it might be the current bitcoin now if Satoshi is here.

Bitcoin cash equals altcoin for me. And I think bitcoin cash will not beat bitcoin like other altcoin. Bitcoin users more than altcoin users .. let alone bitcoin cash is still new in the world of cryto so it still takes time to become popular coins that are often used. Different with bitcoin cash .. bitcoin is acceptable anywhere. Many companies, online stores accept bitcoin as a means of payment. Maybe bitcoin cash can not do that way

Lol, bitcoin cash is an altcoin, it is also a digital currency with a good value so why can't it be used in such payment?
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August 05, 2017, 03:09:07 AM
 #150

First time everyone know bitcoin, when bitcoin cash is present, surely people do not really care so they will still choose bitcoin rather than bitcoin cash. and I sure bitcoin cash will not like bitcoin.


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August 05, 2017, 06:47:07 AM
 #151

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.
Bitcoin cash, about bitcoin cash as you said promotion it is already promoted since first day because it is the part of bitcoin and bitcoin have promoted that so I would like to say that there is nothing in promotion here because bitcoin have mention bitcoin cash on the top of the forum that they have lunch a new coin which is called bitcoin cash.
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August 05, 2017, 07:01:19 AM
 #152

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.
There is two option I see for Bitcoin Cash:

- users will dump Bitcoin Cash and eventually, it will become dirt cheap,  and by dirt cheap, I mean like 0.01% of original bitocin
- Bitcoin Cash will become somewhat usable (I doubt it personally), or it gathers a certain amount of a 'fan base'(more likely)and  these people will keep the value of it on stable level

At first, due to all the demand for exchanges to support Bitcoin Cash, I expected the latter outcome. However, now it seems like hash rate is dwindling. The difficulty retarget algorithm isn't clear to me; it seems that it's still not profitable to mine, despite being more stable at this point. ViaBTC's hash rate (for BCC) is down to 26P, one third of what it was a day or two ago. Are there any other pools?

I guess soon we'll have a pretty clear idea just how much of the community was really behind the idea of big blocks and miner-controlled consensus rules. Bitcoin Cash might stay around, but it doesn't look like it has the brightest future at this point.

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August 05, 2017, 07:08:20 AM
 #153

The price of bitcoin just surged past $3000 a few days after the split. Goes to show how strong the support for bitcoin is and I am almost sure that it is just going to get stronger. I don't have anything against bitcoin cash because it too has its own supporters, albeit not as many as bitcoin, but we will see how long they can continue to support it at the expense of lesser mining fees.
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August 05, 2017, 07:11:15 AM
 #154

The price of bitcoin just surged past $3000 a few days after the split. Goes to show how strong the support for bitcoin is and I am almost sure that it is just going to get stronger. I don't have anything against bitcoin cash because it too has its own supporters, albeit not as many as bitcoin, but we will see how long they can continue to support it at the expense of lesser mining fees.

I'm more interested to see what kind of "split" might develop after the November hard fork. The Segwit2x camp is supported by big money: companies, miners, exchanges. But I also think that there is a significant contingent within the Bitcoin community that will oppose such a hard fork (and might oppose any hard fork, not matter what).

It's true that it seems silly to try to hard fork so soon after implementing Segwit. Why not give it some time to see how it alleviates network congestion? Why not see how the Lightning Network develops first?

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August 05, 2017, 07:29:18 AM
Last edit: August 05, 2017, 08:07:30 AM by deisik
 #155

<some grumbling skipped>

It is not me disagreeing with your opinion

Because when I disagree, I just state that right away (and you know that), but in this very case you were evidently assuming that people could somehow effortlessly move their funds between the two coins or otherwise use them interchangeably ("you've got a clone with the capacity to handle the extra transactions") and choose the best coin to transact with as they see appropriate (as if the coins still remained essentially the one and same, just before the split). This is where you got confused. What extra transactions are you talking about? Obviously, this is impossible since after the split these are two entirely different coins. Your claim that Bitcoin Cash (allegedly) has some right or legitimacy to be called Bitcoin is completely irrelevant and inconsequential to the point (as you should understand). Other than that, I could just ask you why you don't humbly accept that you got confused? It is not so much about you being wrong or confused, or whatever as about you trying to stick to some clearly erroneous view or trying to come unscrewed by any means (that's what makes it so fun to comment on)

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August 05, 2017, 07:30:53 AM
 #156

The price of bitcoin just surged past $3000 a few days after the split. Goes to show how strong the support for bitcoin is and I am almost sure that it is just going to get stronger. I don't have anything against bitcoin cash because it too has its own supporters, albeit not as many as bitcoin, but we will see how long they can continue to support it at the expense of lesser mining fees.

To be honest, almost every Bitcoin holder wanted to make profits using Bitcoin cash and thus we have seen the magic rally in the price of it. However, when it comes to the investing, the support is still with the Bitcoin and as it should be giving returns in the long term, investors tried to en-cash the short term opportunity of this split. Now the game is almost over and now the force is again getting in to the Bitcoin which results in increase in the price.
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August 05, 2017, 07:35:35 AM
 #157

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?


Just another alt coin and people, traders especially the whales got their profit already and that's enough to get out now. Bitcoin will be the best crypto currency and bitcoin cash will also die very soon just like what happened to Bitcoin Unlimited of Roger Ver. All of those coins that copied bitcoin's name will just be an option for trading.

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August 05, 2017, 07:51:22 AM
 #158

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?


Just another alt coin and people, traders especially the whales got their profit already and that's enough to get out now. Bitcoin will be the best crypto currency and bitcoin cash will also die very soon just like what happened to Bitcoin Unlimited of Roger Ver. All of those coins that copied bitcoin's name will just be an option for trading.
We have to remain investing on bitcoin because it has already proven that it is profitable, starting for a small amount less than 1 dollar but now the price is already $3,000. Although the price is still good now but it is declining everyday until it will be back on where it started, it's still belong to top 10 and pretty well some people are still holding this coin but I am not and never earn from this during the hard fork when some exchanges give free BCC.

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August 05, 2017, 07:58:41 AM
 #159

Possibly any cryptocurrency can get that mark of 3000$ per coin, but it's always depending on other currencies market value. In Bitcoin cash situation we can expect that the price can reach that mark because it started from 600$ per 1 coin. People are making interest to each cryptocoin by trading it if Bitcoin cash shows that it can be the same as bitcoin we can see that price of 3000$ per 1 crypto coin   


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August 05, 2017, 08:12:43 AM
 #160

Possibly any cryptocurrency can get that mark of 3000$ per coin, but it's always depending on other currencies market value. In Bitcoin cash situation we can expect that the price can reach that mark because it started from 600$ per 1 coin. People are making interest to each cryptocoin by trading it if Bitcoin cash shows that it can be the same as bitcoin we can see that price of 3000$ per 1 crypto coin   

you don't understand what are you talking about,do you?
what 600$ and what 3000$ -there was a brief moment it went close to 600$ i.e. 0.2 or so btc/bch,due to the limited number of exchanges and people dumping it
and then it went downhill from there it is at 0.077 at the time of the post and the perspective looks grim
3000$ is what bitcoin is worth ,there is no way BCC can reach that in near future
or ever
one or more weeks of the steady decline in price and it is going to be worth 0.02 and less,there is no coming back from there,just no sense in mining it over bitcoin,simple as that
 

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