Bitcoin Vs Bitcoin Cash

[Betwrong]

I did not take Bitcoin Cash seriously, I looked at the price at first, I look again today, at the level of $ 306.10, according to my opinion it will go under $ 100, its usage is not very common, and it seems never to be.

No it wont. BCC is secretly supported by the Chinese mining megacorp. That means whenever this cryptocurrency's price falls, there are interest groups out there who will give it its support. Core knows this and they cant do anything about it except call it names on Twitter.

I don't understand this. If by "support" you mean they will buy $100+ million worth of BCH to make its price rise again, for how long they can do that? Won't they be losing their money, big money, providing that support? I mean even if you have huge amounts of money, you lose couple of billions and stop, right? And then the price goes down.

Things are more intricate than that

They don't have to support Bitcoin Cash indefinitely since people will run out of their BCH tokens sooner or later even if all of them choose to get rid of these tokens. Obviously, quite a few BCH holders aren't going to sell these coins, and some may even be looking to buy more. Anyway, after this initial stage of rampant sell-offs and buy-ups is over, their hands will be untied, and they can proceed to the next level of dethroning Bitcoin (as they likely think). You also seem to discard the possibility that the cartel might be selling regular bitcoins for BCH to prop up the price of the latter

I may be wrong but I see it like this. If you are selling something you have to make the price competitive. In other words the price should be lower than in other places, otherwise people will be buying in those places and not from you. In our case if we are selling Bitcoins for Bitcoin Cash we should make people pay less Bitcoin Cash for BTC than in other places to attract buyers. Yes, such act would prop up the price of BCH, but at what cost. We'll be losing money. In fact selling Bitcoins for lower amount of Bitcoin Cash is the same thing as buying Bitcoin Cash for higher amount of Bitcoins.

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[Bingooop]

If miners keeps support to BCC then for sure it will rise more then BTC.
Block size is larger then BTC and there are transaction problem occurs on BTC.
Lets wait and see whats going to happen but for sure i will buy on dips BCC

Bitcoin are much more valuable than bitcoin cash as any of the currency which is been used while on the net then it has much less chance of getting in corruption so bitcoins are great way for making money

[deisik]

I did not take Bitcoin Cash seriously, I looked at the price at first, I look again today, at the level of $ 306.10, according to my opinion it will go under $ 100, its usage is not very common, and it seems never to be.

No it wont. BCC is secretly supported by the Chinese mining megacorp. That means whenever this cryptocurrency's price falls, there are interest groups out there who will give it its support. Core knows this and they cant do anything about it except call it names on Twitter.

I don't understand this. If by "support" you mean they will buy $100+ million worth of BCH to make its price rise again, for how long they can do that? Won't they be losing their money, big money, providing that support? I mean even if you have huge amounts of money, you lose couple of billions and stop, right? And then the price goes down.

Things are more intricate than that

They don't have to support Bitcoin Cash indefinitely since people will run out of their BCH tokens sooner or later even if all of them choose to get rid of these tokens. Obviously, quite a few BCH holders aren't going to sell these coins, and some may even be looking to buy more. Anyway, after this initial stage of rampant sell-offs and buy-ups is over, their hands will be untied, and they can proceed to the next level of dethroning Bitcoin (as they likely think). You also seem to discard the possibility that the cartel might be selling regular bitcoins for BCH to prop up the price of the latter

I may be wrong but I see it like this. If you are selling something you have to make the price competitive. In other words the price should be lower than in other places, otherwise people will be buying in those places and not from you. In our case if we are selling Bitcoins for Bitcoin Cash we should make people pay less Bitcoin Cash for BTC than in other places to attract buyers. Yes, such act would prop up the price of BCH, but at what cost. We'll be losing money. In fact selling Bitcoins for lower amount of Bitcoin Cash is the same thing as buying Bitcoin Cash for higher amount of Bitcoins

This is certainly not the only possibility

You can sell original bitcoins for dollars and get market rates. And then use dollars to bid up the price slowly. But this is ultimately irrelevant since you may be selling for a loss today to earn decent profits tomorrow. In fact, when you buy some asset you hope that it will rise in the future even if its price continues to decline after you make a purchase. But this is obviously not all. The cartel may not be looking for short term profits (like in "buy low sell high"). They are ultimately looking for control, and they don't care about how much it could cost them in dollar or Bitcoin terms since if they control Bitcoin (under whatever name), they control the whole market (after all, they could break even entirely via mining fees in the end)

[alyssa85]

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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.

[Himanshu111]

I think Bitcoin cash has a lot of potential and it can show great value in future. It is the biggest competitor of Bitcoin but i think that it will take Bitcoin cash many years to surpass Bitcoin as Bitcoin is the most popular and most valuable cryptocurrency in the market.

[ReindeerOnMe]

If miners keeps support to BCC then for sure it will rise more then BTC.
Block size is larger then BTC and there are transaction problem occurs on BTC.
Lets wait and see whats going to happen but for sure i will buy on dips BCC

Bitcoin are much more valuable than bitcoin cash as any of the currency which is been used while on the net then it has much less chance of getting in corruption so bitcoins are great way for making money

We all know how valuable bitcoin is than bitcoin cash. Also, bitcoin cash is just the continuation of the dream of the creator of Bitcoin; Satoshi Nakamoto. So I think that people like the idea of Satoshi Nakamoto if he is present the time bitcoin is having a lot of issues. If Satoshi helped the developers and include himself or themselves in the debate I think they can understood and this will not come to this where there are two parties.

[South Park]

How many time do we need to repeat Bitcoin Cash will never, ever be on the same level as Bitcoin.

There is no discussion. It is an altcoin which some miners started mining instead of Bitcoin so it gained some traction.

It is only 10% the price of Bitcoin... and it will only continue falling when people dump everything they have.

Comparing of Bitcoin and Bitcoin cash is not fair, because on the first place BTC was the mother of all coins in cryto currency industry while BCC was newly launch as altcoins. If you compare the number of years fluctuation in the market, the gap was so far. Imagine BTC was fluctuate for 8 years while BCC is only 1 week, wheres the justice. Then now you was looking for good performance of BCC.

While you have some good points at the same time I will say that we need to make a comparison, bitcoin cash basically was created with that in mind, miners wanted to show that their solution was better than the solution of the devs and that is why they created that coin, so we must compare them.

[radjie]

basically Bitcoin Cash (BCH) is the same as bitcoin (BTC), Bitcoin Cash is just an altcoin version created by developers because of the bitcoin split that occurred on August 1st yesterday, the developer managed to create a permanent difference in blockchain, which aims to break the transaction. Congestion problems on the Bitcoin platform.
The value of Bitcoin Cash is currently not worth the old Bitcoin value, since bitcoin users still rarely use the latest version of this coin alternative. It is because age Bitcoin Cash is still fairly young so not many who use it.

[deisik]

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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.

It is certainly not as simple as that

As you have said yourself, it is mostly the choice between mining regular Bitcoin and Bitcoin Cash, so it should be obvious that miners switching to mining the latter are leaving the real Bitcoin mining scene. Therefore, those remaining will get a bigger share of the pie and thus earn more coins (read dollars) for themselves. And this is the tricky part which is not simple, i.e. whether it is actually worth switching to mining Bitcoin Cash instead of original Bitcoin

[ubitcoin]

If miners keeps support to BCC then for sure it will rise more then BTC.
Block size is larger then BTC and there are transaction problem occurs on BTC.
Lets wait and see whats going to happen but for sure i will buy on dips BCC

Bitcoin are much more valuable than bitcoin cash as any of the currency which is been used while on the net then it has much less chance of getting in corruption so bitcoins are great way for making money

We all know how valuable bitcoin is than bitcoin cash. Also, bitcoin cash is just the continuation of the dream of the creator of Bitcoin; Satoshi Nakamoto. So I think that people like the idea of Satoshi Nakamoto if he is present the time bitcoin is having a lot of issues. If Satoshi helped the developers and include himself or themselves in the debate I think they can understood and this will not come to this where there are two parties.

I am glad that at least true bitcoin lovers are still with bitcoins and are not attracted by similar currencies like bitcoin cash. Bitcoin cash was a useless invention that has disappointed many around the globe and it just gathered hatred from the true bitcoin lovers. I will suggest the team to focus on producing latest versions of the classic bitcoin.

[jostorres]

I think Bitcoin Cash price will decline less $100 and there was no increase in buying interest.

Obviously! This was for sure to be happened. The bitcoin investors will never allow any other coin similar to bitcoin to progress in the crypto market. Bitcoin cash failed to divert attention of masses from the classic bitcoins. The moment people got bitcoin cash in their wallets, they dumped them which ultimately resulted into the decrease in bitcoin cash price.

[ImHash]

Why are you still arguing? BCH was only relevant the first 48 hours after the actual network split, what bitcoin couldn't do that bch can do now? bitcoin needed some improvements and devs are doing their best to keep us happy for years. they weren't the ones betraying Satoshi's vision, he believed in a single strong version with the name and with the most supported chain, they did the opposite, they striped bitcoin from pants
This is now irrelevant so please stop talking about it because I have sold my coins and not interested in this clone which by the way once you sell your free coins it's not a clone anymore. I wonder how profitable it is mining bch with current difficulty and price? did they change anything to tackle the slow block times? did they remove asicboost?

[jojo69]

Just to reiterate, because the thread is now very long with many low quality posts...

The danger is, that by dumping all BCH, BTC holders allow Ver and company, who remember have VERY deep pockets, to buy cheaply and control the entire float in BCH.

Then at a strategic moment, say just as the 2x fork is coming to a head, they unleash their spambots on BTCs mempool and switch their mining power to BCH, simultaneously aggressively bidding BCH.

They are not out of the game by a long shot.  Underestimating your enemy is dangerous indeed.

[Betwrong]

I did not take Bitcoin Cash seriously, I looked at the price at first, I look again today, at the level of $ 306.10, according to my opinion it will go under $ 100, its usage is not very common, and it seems never to be.

No it wont. BCC is secretly supported by the Chinese mining megacorp. That means whenever this cryptocurrency's price falls, there are interest groups out there who will give it its support. Core knows this and they cant do anything about it except call it names on Twitter.

I don't understand this. If by "support" you mean they will buy $100+ million worth of BCH to make its price rise again, for how long they can do that? Won't they be losing their money, big money, providing that support? I mean even if you have huge amounts of money, you lose couple of billions and stop, right? And then the price goes down.

Things are more intricate than that

They don't have to support Bitcoin Cash indefinitely since people will run out of their BCH tokens sooner or later even if all of them choose to get rid of these tokens. Obviously, quite a few BCH holders aren't going to sell these coins, and some may even be looking to buy more. Anyway, after this initial stage of rampant sell-offs and buy-ups is over, their hands will be untied, and they can proceed to the next level of dethroning Bitcoin (as they likely think). You also seem to discard the possibility that the cartel might be selling regular bitcoins for BCH to prop up the price of the latter

I may be wrong but I see it like this. If you are selling something you have to make the price competitive. In other words the price should be lower than in other places, otherwise people will be buying in those places and not from you. In our case if we are selling Bitcoins for Bitcoin Cash we should make people pay less Bitcoin Cash for BTC than in other places to attract buyers. Yes, such act would prop up the price of BCH, but at what cost. We'll be losing money. In fact selling Bitcoins for lower amount of Bitcoin Cash is the same thing as buying Bitcoin Cash for higher amount of Bitcoins

This is certainly not the only possibility

You can sell original bitcoins for dollars and get market rates. And then use dollars to bid up the price slowly. But this is ultimately irrelevant since you may be selling for a loss today to earn decent profits tomorrow. In fact, when you buy some asset you hope that it will rise in the future even if its price continues to decline after you make a purchase. But this is obviously not all. The cartel may not be looking for short term profits (like in "buy low sell high"). They are ultimately looking for control, and they don't care about how much it could cost them in dollar or Bitcoin terms since if they control Bitcoin (under whatever name), they control the whole market (after all, they could break even entirely via mining fees in the end)

Well, if they are people with dozens of billions USD and their aim is to control the whole market, they may try, good luck with that, but I think they will fail. Fortunately lately, I mean 15 years or so, we are living in the world where, thanks to the internet, what is really the best wins. No matter how much money you spend on promotion, if there's something which is better in the same field with the product you promote, you will fail.

[deisik]

Things are more intricate than that

They don't have to support Bitcoin Cash indefinitely since people will run out of their BCH tokens sooner or later even if all of them choose to get rid of these tokens. Obviously, quite a few BCH holders aren't going to sell these coins, and some may even be looking to buy more. Anyway, after this initial stage of rampant sell-offs and buy-ups is over, their hands will be untied, and they can proceed to the next level of dethroning Bitcoin (as they likely think). You also seem to discard the possibility that the cartel might be selling regular bitcoins for BCH to prop up the price of the latter

I may be wrong but I see it like this. If you are selling something you have to make the price competitive. In other words the price should be lower than in other places, otherwise people will be buying in those places and not from you. In our case if we are selling Bitcoins for Bitcoin Cash we should make people pay less Bitcoin Cash for BTC than in other places to attract buyers. Yes, such act would prop up the price of BCH, but at what cost. We'll be losing money. In fact selling Bitcoins for lower amount of Bitcoin Cash is the same thing as buying Bitcoin Cash for higher amount of Bitcoins

This is certainly not the only possibility

You can sell original bitcoins for dollars and get market rates. And then use dollars to bid up the price slowly. But this is ultimately irrelevant since you may be selling for a loss today to earn decent profits tomorrow. In fact, when you buy some asset you hope that it will rise in the future even if its price continues to decline after you make a purchase. But this is obviously not all. The cartel may not be looking for short term profits (like in "buy low sell high"). They are ultimately looking for control, and they don't care about how much it could cost them in dollar or Bitcoin terms since if they control Bitcoin (under whatever name), they control the whole market (after all, they could break even entirely via mining fees in the end)

Well, if they are people with dozens of billions USD and their aim is to control the whole market, they may try, good luck with that, but I think they will fail. Fortunately lately, I mean 15 years or so, we are living in the world where, thanks to the internet, what is really the best wins. No matter how much money you spend on promotion, if there's something which is better in the same field with the product you promote, you will fail.

In fact, I don't particularly disagree with you

At least, not in general. But the case of Bitcoin Core vs Bitcoin Cash doesn't belong here. Honestly, I don't see any important or crucial difference between the former and the latter. They are basically six of one and half a dozen of the other in virtually any respect which is of significance here. You can substitute one with the other, and nothing is going to change. Therefore, you can't possibly say that one is much better than the other if that was your point

[MoneyIsDebt]

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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.

i am not seeing its future. i think this is just a spam coin like other altcoins and nothing to do with bitcoin. most of the people are doing mining of it and yeah it is easy than different altcoin as well but to comparing it with bitcoin is a joke.

[yrreg ger]

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?

I dont think so. There's much of a different between these two cryptocurrency. Bitcoin cash or bcc or bch is still young in the industry and prone to instability becsuse its foundation is still weak compare to bitcoin, which is known for years and has attracted many supporters to stabilize its operation. Bcc needs to obtain the properties that bitcoin possesses in order match its price

[pinkflower]

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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.

i am not seeing its future. i think this is just a spam coin like other altcoins and nothing to do with bitcoin. most of the people are doing mining of it and yeah it is easy than different altcoin as well but to comparing it with bitcoin is a joke.

You wont be thinking of it the same way when the hash power slowly starts to transfer to the Bitcoin Cash chain. Its more of a threat than a spam coin.

[deisik]

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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.

i am not seeing its future. i think this is just a spam coin like other altcoins and nothing to do with bitcoin. most of the people are doing mining of it and yeah it is easy than different altcoin as well but to comparing it with bitcoin is a joke.

You wont be thinking of it the same way when the hash power slowly starts to transfer to the Bitcoin Cash chain. Its more of a threat than a spam coin.

But why would it?

If we don't talk about political issues here, why would miners choose to abandon mining of the real Bitcoin in favor of Bitcoin Cash? Wouldn't that mean losing profits? Indeed, if just a few miners switch to BCH, they may in fact start earning more, but, in my opinion, it is not worth it as long as Bitcoin Cash is 10 times cheaper than the real Bitcoin. Anyway, it seems that mining pools like ViaBTC continue to mine both coins, so it doesn't look like any mining pool is going to leave Bitcoin Core mining altogether

[conected]

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?

I dont think so. There's much of a different between these two cryptocurrency. Bitcoin cash or bcc or bch is still young in the industry and prone to instability becsuse its foundation is still weak compare to bitcoin, which is known for years and has attracted many supporters to stabilize its operation. Bcc needs to obtain the properties that bitcoin possesses in order match its price

- Bitcoin cash really does not have too many supporters, most of the supporters are miners. Many people say it copies the technology of bitcoin and relies on bitcoin to become popular, that makes people just want to invest it short term or sell it as fast as possible, in the long run people still choose bitcoin, bitcoin is still the best. Bitcoin cash is just altcoin, so it really can not achieve the same value as bitcoin