Is BTC cash an altcoin?

[Edwardard]

Someone say yes someone say no. Explain me in scientific way. yes or no?

I extended the question.

It is an altcoin which has same features of Bitcoin with few modifications

Then BTC Segwit is an altcoin either? because it has few modifications too.

No, because segwit nodes and old nodes can run on the same blockchain but BCH/BCC and BTC will run on different chains.

[Pamadar]

Yes it is altcoin. Altcoins are all the coins that are not bitcoin. It is a fork for bitcoin and nothing more I also think that the price is to high at the moment for it.

Digital currency other than bitcoin we call it an altcoin. So the price is too high for an altcoin and they are not bitcoin. We wait for the next news, fork process is happening but there is no sign of block created for bcash.

though its belong to central core of bitcoin but still its considered as an alt since bitcoin is still working on its own and this was only an idea from the main dev and for sure we will see a lots of things tomorrow as the new coin already been introduce and how the people will adopt this new alt.

[ReindeerOnMe]

Someone say yes someone say no. Explain me in scientific way. yes or no?

BCC although a fork from Bitcoin, is more inline with Satoshi's original vision. It was Satoshi's original intention to scale by increasing Block Size. Satoshi had no intention of having something like segwit integrated into Bitcoin. Basically BCC = Bitcoin purist

BTC segwit although still mainstream, is being held hostage by a rogue CORE dev team, they are not inline with Satoshi's original vision, segwit is a danger to decentralization and Satoshi's vision of Bitcoin being a "P2P Electronic Cash system".

So you're saying that the bitcoin we usually or commonly know is a dummy coin that is twisted by some so they can earn a lot of money? I know that Roger Ver is making Satoshi's dream into reality but isn't it bad to make a development that is different from the creators mind.

[malikusama]

BTC cash is simply an altcoin having almost same characteristics as bitcoin has but with some modifications in the features which old bitcoin doesn't have, that's why It is gaining this much public attention.

[kokojie]

Someone say yes someone say no. Explain me in scientific way. yes or no?

BCC although a fork from Bitcoin, is more inline with Satoshi's original vision. It was Satoshi's original intention to scale by increasing Block Size. Satoshi had no intention of having something like segwit integrated into Bitcoin. Basically BCC = Bitcoin purist

BTC segwit although still mainstream, is being held hostage by a rogue CORE dev team, they are not inline with Satoshi's original vision, segwit is a danger to decentralization and Satoshi's vision of Bitcoin being a "P2P Electronic Cash system".

So you're saying that the bitcoin we usually or commonly know is a dummy coin that is twisted by some so they can earn a lot of money? I know that Roger Ver is making Satoshi's dream into reality but isn't it bad to make a development that is different from the creators mind.

Roger Ver is very old school, he was here when Satoshi was here. Satoshi wouldn't liked segwit, and Roger Ver doesn't like segwit.

Segwit is good or bad, I don't know, time will tell. Centralization sometimes produce good results, just look at all the successful centralized exchanges, and the utter failures of trying to develop a decentralized exchange.

[Palmerson]

I don't quite understand what you're saying, but I have all the payments are fine. I understand that no fork happens. With regard to cash bitcoin it is a bad idea. This will necessarily lead to centralization and useless expenses on printing banknotes.

[orange32]

..., are both modifications of the original.   so that means the original bitcoin is gone (?)  

Your not the first one to ponder over questions like that: https://en.wikipedia.org/wiki/Ship_of_Theseus


After lurking for a while I have found that you  get more political and ideological based answers than scientific ones (maybe not in in the more technical oriented subforums). So I suppose you could just make up your own mind on what is an "altcoin", if any, of those two. It is really not more than a label anyway.

[BeetcoinScummer]

If bitcoin is gonna to get splitted there will be new coin which called bitcoin cash  alternative to current known btc. You can sell/buy/purchase stuff like you do them with bitcoins.

PuertoLibre, you sound different. You sold your account? 

Of course BCC is an altcoin.

[MRlong]

Yes Bitcoin Cash is an altcoin, you can understand if a cryptocurrency created and not is Bitcoin, we will call it's altcoin when listed on exchange, call token when still crowdsale or mining first but not listed on any exchange on crypto world.

[posternat]

I don't quite understand what you're saying, but I have all the payments are fine. I understand that no fork happens. With regard to cash bitcoin it is a bad idea. This will necessarily lead to centralization and useless expenses on printing banknotes.

Bitcoin Cash (BCC) was not in the process of BTC soft and hard fork.  BCC exists before August 1 and they are just projectig it as Bitcoin is hardfork into two chians, while it is not the case. We have implement BIP148 softfork making the block size to 2 MB. BCC (even with 8 MB blocksize) on the other hand has no support from the majority and it is just an altcoin for the future.

[Klausi]

If bitcoin is gonna to get splitted there will be new coin which called bitcoin cash  alternative to current known btc. You can sell/buy/purchase stuff like you do them with bitcoins.

PuertoLibre, you sound different. You sold your account? 

Of course BCC is an altcoin.

Well, if it split then it maybe difficult to adjust specially when using a wallet. What if the wallet your using since then get used to the normal transaction of btc before. So that only means they also have to upgrade in order to not to miss any part of splitting coins if ever that's for real but I hope not. I can see that many are worried about it even me but no matter what cases it prevail, I still support altcoins and bitcoins.

[taxmanmt5]

I don't quite understand what you're saying, but I have all the payments are fine. I understand that no fork happens. With regard to cash bitcoin it is a bad idea. This will necessarily lead to centralization and useless expenses on printing banknotes.

Bitcoin Cash (BCC) was not in the process of BTC soft and hard fork.  BCC exists before August 1 and they are just projectig it as Bitcoin is hardfork into two chians, while it is not the case. We have implement BIP148 softfork making the block size to 2 MB. BCC (even with 8 MB blocksize) on the other hand has no support from the majority and it is just an altcoin for the future.

It can be thought of as Eth Classic, however Eth classic was developed by the real hard fork of ETH and you can see its value way below the real ETH coin. Similarly, a BCC can never be as popular in volume and price  with Bitcoins. Can a clone be as worth as a real one 
BCC is just a clone of BTC and it is basically developed by the few developers for their own benefit.

[p3ppymon]

Someone say yes someone say no. Explain me in scientific way. yes or no?

BCC although a fork from Bitcoin, is more inline with Satoshi's original vision. It was Satoshi's original intention to scale by increasing Block Size. Satoshi had no intention of having something like segwit integrated into Bitcoin. Basically BCC = Bitcoin purist

BTC segwit although still mainstream, is being held hostage by a rogue CORE dev team, they are not inline with Satoshi's original vision, segwit is a danger to decentralization and Satoshi's vision of Bitcoin being a "P2P Electronic Cash system".

This explains it in a good way.
In terms of price, and according to what you are saying, would the price of BCC>BTC?

[care2yak]

..., are both modifications of the original.   so that means the original bitcoin is gone (?)  

Your not the first one to ponder over questions like that: https://en.wikipedia.org/wiki/Ship_of_Theseus


After lurking for a while I have found that you  get more political and ideological based answers than scientific ones (maybe not in in the more technical oriented subforums). So I suppose you could just make up your own mind on what is an "altcoin", if any, of those two. It is really not more than a label anyway.

I'm with BrewMaster's interpretation re: which of the two will be labeled alt. Majority versus the minority thing. Still, with the old "tweaked" resulting in these two chains to watch, which chain will be more successful? Perhaps it's still too early to tell since regular transactions have not yet fully resumed. And the timetable did say more action coming up on November. Maybe we'll be seeing more action in the coming days

Edit:

meant to say -- more action coming up til November...

[Iranus]

BCC has little support (minority) => altcoin
SegWit has the majority support => bitcoin

Notably though, SegWit required majority support to activate through BIP 141 and thus it would automatically be Bitcoin when activated (and there would be no chain split when created).  If it was activated through BIP 148 with a minority of hashrate, its support would have been more subjective and thus it could have been called an altcoin.

SegWit itself is just a proposal.  It could or could not be called an altcoin depending on its status at the time.

However, I don't think that we have to treat it as black-and-white, nor that we should be using the word "altcoin" as an insult.

[manselr]

Bitcoin Cash is an altcoin, but im not sure if mods should move Bitcoin Cash threads to the altcoin section, even if it's an altcoin.

There are tons of newbies right now getting confused, and they ask about this in here because they don't know it's an altcoin, so we should help them. Make visible the fact that Bitcoin Cash is a scam and if you go into hardforking adventures you are going to lose your real money (BTC), so maybe should keep all of the BCC threads in here for a while.

[TheFriends]

Someone say yes someone say no. Explain me in scientific way. yes or no?

Yes, it's a altcoin, it doesn't arise from consensus.

[kokojie]

Someone say yes someone say no. Explain me in scientific way. yes or no?

BCC although a fork from Bitcoin, is more inline with Satoshi's original vision. It was Satoshi's original intention to scale by increasing Block Size. Satoshi had no intention of having something like segwit integrated into Bitcoin. Basically BCC = Bitcoin purist

BTC segwit although still mainstream, is being held hostage by a rogue CORE dev team, they are not inline with Satoshi's original vision, segwit is a danger to decentralization and Satoshi's vision of Bitcoin being a "P2P Electronic Cash system".

This explains it in a good way.
In terms of price, and according to what you are saying, would the price of BCC>BTC?

I can see BCC having value, significant value, because there's a strong and financially secure community of old school Bitcoin purists, such as Roger Ver. But I don't really see it surpassing the value of "mainstream BTC" in the short term future. Long term who knows, only time will tell.

[maeusi]

Yes, Bitcoin Cash (BCH) is an altcoin. Alternate to Bitcoin (BTC), if not bitcoin is the altcoin now . But doesn't look so.

[pisston]

Someone say yes someone say no. Explain me in scientific way. yes or no?

BCC although a fork from Bitcoin, is more inline with Satoshi's original vision. It was Satoshi's original intention to scale by increasing Block Size. Satoshi had no intention of having something like segwit integrated into Bitcoin. Basically BCC = Bitcoin purist

BTC segwit although still mainstream, is being held hostage by a rogue CORE dev team, they are not inline with Satoshi's original vision, segwit is a danger to decentralization and Satoshi's vision of Bitcoin being a "P2P Electronic Cash system".

This explains it in a good way.
In terms of price, and according to what you are saying, would the price of BCC>BTC?

I can see BCC having value, significant value, because there's a strong and financially secure community of old school Bitcoin purists, such as Roger Ver. But I don't really see it surpassing the value of "mainstream BTC" in the short term future. Long term who knows, only time will tell.

But Why it will all depend? This situation can be affected by users who will not make decisions What exactly they use the most and where to invest. Vegetation these two currencies have an equivalent relationship but I want to make the right choice.