Bitcoin Cash: The New Bitcoin

[AztekPhoenix]

 

[Ultegra134]

Feel free to come back to this post in a year when Bitcoin cash is 80$ a coin and Bitcoin is pushing 4k.

Not going to take long to happen, it's already dying as time passes by, the price decreases even more in a quite large degree. Negative 25% right now.

[ranreichman]

Nobody said that 8MB was impossible technically, people object to it because they say that it hurts decentralization while not offering a true scaling solution. There's an obvious centralization/scalability issue with increasing the block size, the question is which value is more important to you.

[CrowdFunder]

Bitcoin core will have 2mb blocks by the end of the year and with segwit that's already the equivalent of 8mb blocks. The transaction fees are cheaper now on bitcoin cash but that is because no one is using it and the marketcap is low.

The fact is that 8 mb blocks won't be enough in the future and if you keep increasing it to several gb instead then only centralized servers will be able to run nodes.

Offchain solutions like lightning network are the only way to scale bitcoin in the long term and that requires segwit.

[Wind_FURY]

If the leading supporters of Bitcoin Cash like Roger Ver and Jihan Wu were really serious on competing against Bitcoin, then they should show their community that they are willing to sell all their Bitcoins in exchange for BCH. They should lead by example, not play the market.

[Sadlife]

Where did you find that article? Sure who ever is the writer of that article is a fan of bitcoin trash. The real truth is people are dumping their bcc altcoin to exchange it for the real coins bitcoin the reason is maintained it's $800 price was some exchanges disabled the deposit and withdrawal of their website functionality but some people found a way to dispose of it. Now that all the hindrance is gone bitcoin shall now continue to uproach it's new price target that is $3000 and bitcoin cash will turn into a shitcoin or a ponzi scheme and the bankers will once again fail.

[ChironRegera]

If the leading supporters of Bitcoin Cash like Roger Ver and Jihan Wu were really serious on competing against Bitcoin, then they should show their community that they are willing to sell all their Bitcoins in exchange for BCH. They should lead by example, not play the market.

This will happen eventually.  We all know once the Chinese switch over to BCH it's over ....

[mekar sari]

Is it true, if the split chain is still unfinished, the BCC will be removed from the crypto world?
I've heard this issue in some media, I would like to hear the answer from the members of this forum, because I am a member of this forum more experienced

[nkmt]

So, have you sold all your BTC in exchange for BCH yet?

[roomfirst]

Feel free to come back to this post in a year when Bitcoin cash is 80$ a coin and Bitcoin is pushing 4k.

Lmaoo. Let's see when the Bitcoin Cash price is going down so hard is Coinbase will keep their word or not.

Bitcoin Cash is hyping now, but i'm sure it will reach the peak and going down so hard soon someday. In my opinion bitcoin cash is just another alt coin and it's not the new bitcoin but let's see how long bitcoin cash can stand.

[riffaz]

I still have no idea what are you are talking about ..

[Thatstinks]

Where did you find that article? Sure who ever is the writer of that article is a fan of bitcoin trash. The real truth is people are dumping their bcc altcoin to exchange it for the real coins bitcoin the reason is maintained it's $800 price was some exchanges disabled the deposit and withdrawal of their website functionality but some people found a way to dispose of it. Now that all the hindrance is gone bitcoin shall now continue to uproach it's new price target that is $3000 and bitcoin cash will turn into a shitcoin or a ponzi scheme and the bankers will once again fail.

This is how two different people view the same thing, but see two different outcomes.

You see Cash holders dumping for bitcoin core, which you believe will destroy CASH.

I see the clueless being fooled into dumping the soon to be more Valuable Coin (CASH) for the soon to be worthless coin (Core).
If you dig deep enough , you would find the Rothschild enterprises are the ones buying up CASH at a fraction of the price of Core.

Once enough people dump and they control the Majority of Cash supply,  Rothschild & their partners will Dump bitcoin core into oblivion, and pump Cash over the moon.
At the same time , they gain a majority control of the amount of CA$H and then can dump core directly for fiat , gaining an immediate fiat profit and a guarantee higher future profit by corning the market on CA$H and destroying core all in one fell swoop.

What is interesting , is how easy they are making it look to accomplish it, and how blind the majority of people are to what is happening in front of them.


╥Aztek

So, have you sold all your BTC in exchange for BCH yet?

1st Day , received many times more Bitcoin CASH than Bitcoin Core and converted the remaining bitcoin to FIAT.
Now only thing , I have to do is wait til the big guns throw the switch killing core and skyrocketing CA$H .
Seeing how fast Coinbase buckled , tells me it won't be more than a year or so.

Do you have ANY links to articles on Rothchilds buying BCC in large sums?

[coinvc]

Does BCC begin to produce block every 10min? Looks like it is a pretty long time for next block.

[yugyug]

BCC claims to be new bitcoin as it concept is closely ideal to Satoshi Nakamoto's vision to decentralized crypto-currency in it purest form without the control or the existince of the trusted third party where it really happens today in the real world of Bitcoin core . but switching to from BTC to BCC as the new bitcoin is merely struggling and debatable because more and more larger corporations are backing up the bitcoin core and it takes another infrastructure to jump over to another crypto-currency and cost a lot of money and time.

[Yuhee]

Does BCC begin to produce block every 10min? Looks like it is a pretty long time for next block.

Probably be a ~ week or two , before the blocks are running at normal speed.
But since they can pump out larger blocks, one 8MB block in an hour can still beat bitcoin six 1mb blocks in 1 hour.
So they can already provide more transactions with one block in 1 hour , than bitcoin core can with six 1mb blocks in 1 hour.


╥Aztek

I actually am beginning to acknowledge his point because what is the use of hardfork if its just gonna being dumped? Miners are one of the major factors an altcoin is succeeding so if it's more easier and profitable to mine bcc then chances are they would make more efforts for bcc. 8 mb is bigger than 1mb and that could still be multiplied on how much block you acquired in a day.

[Mike Mayor]

I personally am glad and welcome Bitcoin cash with open arms. It's good to see Bitcoin have some serious competition. The airdrop was also nice. It will be interesting to see how people split their funding in the coming months ahead. I'm holding in to my BCC personally.

[xuan87]

It is a well comparison, BitcoinCash still need support and there are a lot of people rejecting and dumping this coin, it is not that fast to asked people to accept this coin and try to replace Bitcoin, for me BitcoinCash is just another alt coin and I think Bitcoin will keep on dominating

[Skingoat]

yeah.. no bcc is doomed..

[jmigdlc99]

Bitcoin Cash is driven by greed. Backed by Bitmain and Jihan Wu, bitcoin cash is speculated as their attempt to gain control of the bitcoin network. I would never trust in bitcoin cash. 8MB is a front. All they want is control and profit.

[Thatstinks]

Everyone is so short sighted and afraid they slam a new coin that functions better once set to go, odd.

First does not mean best, everyday we see tech advance, get over yourself, BTC will be surpassed.

As far as value goes and dumping LOL Not long ago BTC was $300 fella's, don't forget that.

[Kakmakr]

Look at the size of the Mempool with a 1MB Block size. Question is, was it really a issue or were there people in the background spamming the network to make it an issue? I guess with the introduction of SegWit, the spamming has become less of an issue, because the code was changed to make it a lot more expensive to spam the network.

You my friend, were fooled to support Bcash, because a crisis were fabricated to create a need for it's existence.

Bitcoin Core has stopped the spamming of the network with their code and they introduced code that would make scaling a non-issue in the future. < Lightning Network > The BCC side, will continuously have to increase Block sizes to stay ahead of scaling needs and open themselves up to new attack vectors. ^lol^  

[jnow]

BCH is basically a gift, has no value. At this point it's all speculation.

Keep in mind that BCH doesn't solve the shortcomings of BTC in the long run.

I believe that ultimately BCH will become just another worthless shitcoin, dragging BTC down along the way.