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Author Topic: Is BTC cash an altcoin?  (Read 3445 times)
TomUyamot
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August 02, 2017, 05:04:28 AM
 #61

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

Yes, I think BTH is an altcoin. It belongs to such a category. Anything other than BTC is an altcoin basically. And since it is just a copycat of BTC then it is safe to generalize that BCH is also an alternate cryptocurrency. It is as simple as that.
HasHe
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August 02, 2017, 05:05:43 AM
 #62

Someone say yes someone say no. Explain me in scientific way. yes or no?
Yes,BCC is just an other altcoin and it is in no way a substitute to bitcoin.It was just created by chinese miners who were not happy with segwit implementation.With most exchanges being announced that they would not support BCC.It would just remain for few days till it is pumped by its chinese supporters.
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August 02, 2017, 05:14:09 AM
 #63

Someone say yes someone say no. Explain me in scientific way. yes or no?
Yes,BCC is just an other altcoin and it is in no way a substitute to bitcoin.It was just created by chinese miners who were not happy with segwit implementation.With most exchanges being announced that they would not support BCC.It would just remain for few days till it is pumped by its chinese supporters.

Even if BCC is claiming to be the substitute for BTC, it is still an altcoin. A substitute means it is not the original one. BTC is the original and if BCC is to replace BTC then it is not the true one but an alternate. Another point, BTC is still alive and is gaining much more value as we speak, it means to say the substitute does not have any real place.
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August 02, 2017, 05:34:56 AM
 #64

yes, it is alt coin... and even more - during today or tomorrow I suppose it will be most dumped alt coin  Wink
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August 02, 2017, 06:05:40 AM
 #65

Practically everyone here is saying that BCC is an altcoin because it is in the minority. So if BCC surpasses BTC, does that mean that BTC becomes the altcoin?
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August 02, 2017, 06:10:33 AM
 #66

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

bitcoin cash i think is an upgraded version of old btc because of some improved modification. For me any other coins aside from bitcoin is called alt coins. So if bitcoin cash value will pass the bitcoin it will only be a clone or copy version.

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August 02, 2017, 06:15:52 AM
 #67

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

Bitcoin cash is altcoin, after not getting good support finally bitcoin cash can show its good progress and maybe bitcoin cash will have good potential in the future. Who knows have a high demand in the market.

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Netnox
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August 02, 2017, 06:38:00 AM
 #68

Practically everyone here is saying that BCC is an altcoin because it is in the minority. So if BCC surpasses BTC, does that mean that BTC becomes the altcoin?

Lol... if that happens (and I think that there is a small chance), then the original Bitcoin will be known as "Bitcoin Classic" or "Bitcoin Core" and the Bitcoin Cash will be regarded as the "Bitcoin proper". But things are not clear yet. In less than a year's time, it will be clear about who is going to win this race.
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August 02, 2017, 06:40:12 AM
 #69

It's the fact that there is no relationship with bitcoin, it was not created by splitting from bitcoin on August 1st, 2017. It remained before that time. Some people tried to make it as to be splitted from bitcoin to get benefit when they promoting and make it raised the price then they sold them out. Bitcoin cash is an altcoin and have no relationship with bitcoin. Please look at the reality and don't be fantastic any more! The Segwit is to improve blockchain in the speed of money transfer not relevant to bitcoin cash. If someone said it was splitted from bitcoin why our bitcoin did not loose its volume. I have some bitcoin and after August 1st, I still have them without changing volume (reduce volume). Bitcoin cash is cheap coin and will fall the price down quickly when people know the truth about its origin.  Grin Grin Grin
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August 02, 2017, 07:05:58 AM
 #70

Practically everyone here is saying that BCC is an altcoin because it is in the minority. So if BCC surpasses BTC, does that mean that BTC becomes the altcoin?

Lol... if that happens (and I think that there is a small chance), then the original Bitcoin will be known as "Bitcoin Classic" or "Bitcoin Core" and the Bitcoin Cash will be regarded as the "Bitcoin proper". But things are not clear yet. In less than a year's time, it will be clear about who is going to win this race.

I think there is no way that bitcoin cash can surpass the Bitcoin SegWit. First, people just look at this new altcoin as a free money or profit. But I don't think it will be reaching less than a year, because we will be walking in the month of November which will decide another decision.
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August 02, 2017, 07:15:34 AM
 #71

I think there is no way that bitcoin cash can surpass the Bitcoin SegWit. First, people just look at this new altcoin as a free money or profit.

Dont be so quick. Bitcoin has achilles heel, potential for very high transaction fees. Its going to be interesting what happens when Bitcoin very high transaction fees returns, and how big Bitcoin Cash transaction fees become in comparsion.
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August 02, 2017, 07:17:29 AM
 #72

For me Bitcoin Cash is just an altcoin created effortlessly by those greedy whales. They just want to double their money and earn more for free by creating Bitcoin Cash. I don't think it can surpass Bitcoin in any area. Bitcoin is still the original and the best.
Mett33
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August 02, 2017, 07:19:28 AM
 #73

Hello to all.

I have one question about Bitcoin cash and this fork which in my logic I really can't understand.

Before for BTC got about 44.000.000.000 $ market capital, then become fork-split and about 15% of owners get Bitcoin cash for free, ok. Now how is possible that that Bitcoin cash have 7.000.000.000 $ market capital and BTC didn't lose anything. People receive free coin, but who give that 7.000.000.000$? is that imaginary with pomped value (no real value)?

Or people receive Bitcoin cash with value 0$ and one some put into that 7.000.000.000$ and make value of 350$ for one coin.

Please explain me.
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August 02, 2017, 07:23:43 AM
 #74

Yes because it is a divergence from the current bitcoin so would mean it is an alternative version of bitcoin so altcoin it is, regardless if more people support it and it becomes the leader it is still an altcoin, in my eyes anyway.
Yes it is just an altcoin because it just alternative coin for the bitcoin. I think they just made it to double their money. still this coin cant never surpass bitcoin. It will still remain as an altcoin no matter what happen.
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August 02, 2017, 07:33:19 AM
 #75

For me Bitcoin Cash is just an altcoin created effortlessly by those greedy whales. They just want to double their money and earn more for free by creating Bitcoin Cash. I don't think it can surpass Bitcoin in any area. Bitcoin is still the original and the best.
This is what I believe and observed  about btc cash it just an altcoin. They create to attract more traders on this btc cash . Yes, I think it will not surpass bitcoin and still bitcoin will be the best amongst all cyrptocurrency.

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August 02, 2017, 07:36:58 AM
 #76

I believe it is just alternative coin and it will stay as alt in future. We can pay BTC for Steam services and games, not BTC Cash. I think it will never have bitcoin's marketcap in future. But it will be one of the safest altcoins ever created.

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wizardee
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August 02, 2017, 07:42:42 AM
 #77

Yes, as bitcoin cash can be considered as an altcoin as it is a subset of bitcoin. Most likely it was just created as an investment opportunity to create fast money, but that can't really be said.
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August 02, 2017, 07:48:13 AM
 #78

It is termed as an altcoin though it got evolved from the bitcoin on a splitting. It has got its own value and the price move has got initiated without making any negative impact over the bitcoin. May be in future this will grow same as our bitcoin.
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August 02, 2017, 07:48:22 AM
 #79

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

Yes, Bitcoin cash is an alt coin even though it has the name "Bitcoin" in it, it is still an alternative to bitcoin. I don't think that Bitcoin cash has much of the potential as Bitcoin and I don't think that Bitcoin cash will ever overtake Bitcoin.

I don't think that Bitcoin cash will ever overtake Bitcoin especially with the huge amounts of attention Bitcoin has been receiving soon.

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August 02, 2017, 07:54:20 AM
 #80

Yes, it is an altcoin coming out from bitcoin, having a slightly different nature from bitcoin but likely to be another version of it i guess.
Read more about it here: https://bitcointalk.org/index.php?topic=2059111.0
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