Why is there so much negativity over the "bitcoin cash" coin?

[jackg]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

[neurotypical]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

Because raising the blocksize means more centralization, there's no way around this. As of right now, we do not need a blocksize increase. The mempool is far from full, and now we will have almost 4MB of effective blocksize with segwit. The idiots wanting to hardfork in 3 months into some rushed software developed by Garzick whose works for a company that spies on people's bitcoins have lost their mind.

They will crash the price again. Big blockers hardfork news = price crashing. Everyone hates them.

[Iranus]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.

This is the debatable part.  You see, satoshi used to agree that the block size could be increased via alerts to old nodes to upgrade and a change at a certain block number.

But some people who were around at the time no longer think that.  For example, theymos has opposed it for years (since long before the drama about it began).  It's possible that satoshi may have reacted differently seeing that SPV security isn't completely trustless.

So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

Some people oppose larger block sizes because they like a large number of nodes to be run.

[NetTime]

Also because its main proponents are colossal jackasses who are using this event to cause disruption.

[jackg]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

Because raising the blocksize means more centralization, there's no way around this. As of right now, we do not need a blocksize increase. The mempool is far from full, and now we will have almost 4MB of effective blocksize with segwit. The idiots wanting to hardfork in 3 months into some rushed software developed by Garzick whose works for a company that spies on people's bitcoins have lost their mind.

They will crash the price again. Big blockers hardfork news = price crashing. Everyone hates them.

If segwit, as you say, makes the block size essentially 4MB then isn't that leading to more centralisation? Also, I didn't expect it'd increase it by that much.

Also because its main proponents are colossal jackasses who are using this event to cause disruption.

So why is every node accepting this? I know we have the weirdness of bitmain who have been reported to be trying to take over bitcoin cash and manipulating how it functions (either that or the segwit chain).
But, surely, if this was a truly decentralised network, this could easily be rejected.

[Variogam]

The fear the 1M decentralization ideology cant be hold much more longer just by spreading propaganda. And the natural reaction to fear is agression.

[BitcoinBarrel]

Satoshi wanted 1 MB blocksize, so I support him.

Create an alt-coin if you think you have a better idea. We should leave Bitcoin alone to honor Satoshi and as an experiment. Why risk ruining Bitcoin when it has been running 8+ years solid.

[crazyivan]

If we start forking every time a group of people wants to reinvent BTC, where will this bring us? Plus, a free crypto? If we follow that path, crypto s dead. Those are reasons why I hate Bitcoin cash.

[ASHLIUSZ]

The negativity is just because of the increasing support for bitcoin as well there is a good number of user who trust in it. In one way bitcoin cash has solved some issues that has been considered to be the major flaws on bitcoin. Same time in terms of mining, only large scale users has got the chance to mine.

[just_Alice]

Because you can make the blocks as big as you want but it will never make bitcoin fast enough for cash-like transactions (less than 10 seconds like a credit card with a chip). Calling it bitcoin cash is ridiculous since you'll still have to wait 10 minutes for a block in average (could be 30 minutes really).

Wow, I thought transactions with BCC will go faster. If that's true then indeed we can't call it cash. From 10 to 30 minutes is what we have to wait for the first confirmation with BTC if transaction fee is high enough. Why would we need BCC then?

[HasHe]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

Its not the negativity over the bitcoin cash,its the reality.Its surprising for me to hear some one say bitcoin cash as the original bitcoin.Already segwit is enough for quick transactions and there is no need for more bigger block sizes.BCC is created not in aim for progress of bitcoin community but instead i read that ASICBOOST is patented and it does not support upgrades like segwit and that may be one of the reason for creating BCC.

[The One]

Some are against big blocks.
Some are against chinese miners because they are, well urm, chinese from China.
Some don't understand and don't care because they are speculators who want to make fiat money the easy way.
Some are just plain idiots spreading FUD.
Some are ... (fill in anything you want).

Just stay calm and the ride the storm of negativity.

[webcrypt]

It is what it is, but I believe it makes BTC weaker and sets a precedent that any disagreements can be settled by forking. Too much of this it will just be a confusing mess of low grade coins.

[Ayers]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

i think because better blocksize, is bad for centralization, and the first limit of 32MB was removed for good reason, don't live in the past, bigger blocksize it's not the right way to scale

[jackg]

Satoshi wanted 1 MB blocksize, so I support him.

Create an alt-coin if you think you have a better idea. We should leave Bitcoin alone to honor Satoshi and as an experiment. Why risk ruining Bitcoin when it has been running 8+ years solid.

He wanted 32 at first?

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

Its not the negativity over the bitcoin cash,its the reality.Its surprising for me to hear some one say bitcoin cash as the original bitcoin.Already segwit is enough for quick transactions and there is no need for more bigger block sizes.BCC is created not in aim for progress of bitcoin community but instead i read that ASICBOOST is patented and it does not support upgrades like segwit and that may be one of the reason for creating BCC.

Bitcoin cash is the bitcoin we've already been using. With the addition of the block size change. It's a smaller change than segwit.

Some are against big blocks.
Some are against chinese miners because they are, well urm, chinese from China.
Some don't understand and don't care because they are speculators who want to make fiat money the easy way.
Some are just plain idiots spreading FUD.
Some are ... (fill in anything you want).

Just stay calm and the ride the storm of negativity.

Seems there's also a problem against Jeff Garzik by some bitcoin users. But based on the history of Chinese mining history it's fairly reasonable to be cautious.

Because you can make the blocks as big as you want but it will never make bitcoin fast enough for cash-like transactions (less than 10 seconds like a credit card with a chip). Calling it bitcoin cash is ridiculous since you'll still have to wait 10 minutes for a block in average (could be 30 minutes really).

Wow, I thought transactions with BCC will go faster. If that's true then indeed we can't call it cash. From 10 to 30 minutes is what we have to wait for the first confirmation with BTC if transaction fee is high enough. Why would we need BCC then?

It's the result of a chain split. Not sure on the details very much but I think it's more of an accidental/easiest way to resolve the issue.
And if you have a problem with the 10 minute blocks (which should really have been addressed) your problem exists in bitcoin as well.

[hatshepsut93]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

People don't "want" Bcash to become a shitcoin, people are making their predictions about the potential value of bcash network. So far it's not looking good, because there's no innovation. It's just another copypaste of Bitcoin, something that anyone can do without any in-depth technical knowledge. 8 mb blocksize isn't innovative, there are lots of coins (including Bitcoin forks) with similar or bigger blocksize. People around BCH constantly attack BTC, its community and devs, while not actually adding anything to crypto community, so it's only natural that most people have negative opinions about BCH.

[73blazer]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

Why, because BCC=UAHF=BUAHF (bitmain user activated hard fork)
It's centralization of the coin, wholly against the btc community's current  wishes, and the founding philosophy of the coin,  and precisely the reason it will fail.
Now, it could be as others mention, just a "new coke" and "coke classic" scheme designed to stir up interest and fluctuation in the market. Where fluctuation exists, so do traders who stand to make alot of BTC or $$$

[Videodrome]

BCC discussion must be done in the Alternate cryptocurrencies part of this forum.


BCC is an ALT like hundreds of others coins , is not a fork.

[L]

I was looking at this coin in slightly more detail and it has a much larger blocksize and was the original bitcoin.
So, why do most people want this coin to become just another altcoin or pump and dump coin when it is basically the same as the other bitcoin but with a better blocksize and more transactions that can fit into the block?

People who are forking the network are the ones who stalled upgrade for the past year or so, now they are abusing bitcoin trademark and brand and trying to make money from thin air.

[LoudA__]

BCC discussion must be done in the Alternate cryptocurrencies part of this forum.


BCC is an ALT like hundreds of others coins , is not a fork.

It is a fork, eventually most of the digital currencies we're forked out of bitcoin. It is another alternative coin but you can't say that it is not a fork. Also, it is BCH.