orpel
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August 14, 2017, 01:52:13 PM |
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Behind any coin, there should be a strong belief that it's worth something, it's scalable and it's well known all over. At the moment too many people think that Bcash is a temporary coin, the outcome of misunderstanding between developers groups.
We should all remember that no matter how some miners will put their mining power in the new coin, they have tons of Bitcoins still from the last few years. They all have interest in the continuance of Bitcoin growth.
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illyiller
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August 14, 2017, 11:55:53 PM |
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Behind any coin, there should be a strong belief that it's worth something, it's scalable and it's well known all over. At the moment too many people think that Bcash is a temporary coin, the outcome of misunderstanding between developers groups.
There is a tangible feeling among bitcoiners that Bitcoin Cash is temporary and will die. I think it's more likely just going through a distribution phase, where BTC supporters are dumping their BCH. Meanwhile, BCH supporters appear to be accumulating. There is a general feeling that BTC is the true "Bitcoin" and BCH is the altcoin. This probably won't change. But like Ethereum Classic, Bitcoin Cash is not going away. There is also a small chance that (once mining is profitable) more and more hashpower will gradually be pointed at BCH. Why? Because it's Bitmain's project, and Bitmain controls a lot of hash power. I'd love to see what the markets do then.
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MiriamWeston
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August 15, 2017, 01:19:41 AM |
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BCC became BTC is baseless because to be like BTC it has to go through the darkest period and now bTC has come to light
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crazyer
Member
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Activity: 69
Merit: 100
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August 15, 2017, 01:25:01 AM |
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BCC became BTC is baseless because to be like BTC it has to go through the darkest period and now bTC has come to light
I agree with you. BCC will never replace BTC. With me BCC very meaningless. It is free and I do not trust it. BTC can not be replaced by any other coin.
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Hafas Rama
Sr. Member
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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August 15, 2017, 02:12:52 AM |
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The presence of BCC is of great interest to the crypto world. But in my opinion BCC has not been able to equate with BTC. Because of the BTC used to exist and take a long time to become the most expensive coins today. So BCC should take a long time to be close to or equal to BTC.
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michellee
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August 15, 2017, 02:33:16 AM |
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bitcoin cash will never be the bitcoin but maybe bitcoin cash will be act like bitcoin. with bitcoin price is increasing, I am sure that many people can not buy a 1 bitcoin, they need big money to buy bitcoin. I think this could be the one of many reason why bitcoin cash is created. bitcoin cash make a balance between bitcoin and altcoin and I think soon we can see that there is a market for bitcoin cash pair altcoin and altcoin will be used bitcoin cash as their adjustment because bitcoin price is too expensive to be altcoin price adjustment.
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The_Dark_Knight
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August 15, 2017, 02:41:19 AM |
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What gives bitcoin the edge over bitcoin cash is very simple, its the developers. Do what you want, but core has the best dev team period, bitcoin cash devs are amateurs in comparison.
This is what it comes down to, and it's also why XT, Classic and Unlimited were widely rejected as well. I think that the Bitcoin community (users, investors, services) are increasingly aware of the tremendous work that Core does, and are increasingly unlikely to follow a fork that Core doesn't support. I'm starting to think that a lot of the NYA backers are going to start defecting, given that Core seems firmly opposed to the November hard fork by the Segwit2x team. I hope this happens, the bitcoin cash fork was troubling but nothing that bitcoin could not manage, the fork planned for November is a lot more dangerous so if we can avoid that situation then I think it will be better for all of us, the devs, the miners and the user base.
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illyiller
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August 16, 2017, 06:30:41 AM |
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What gives bitcoin the edge over bitcoin cash is very simple, its the developers. Do what you want, but core has the best dev team period, bitcoin cash devs are amateurs in comparison.
This is what it comes down to, and it's also why XT, Classic and Unlimited were widely rejected as well. I think that the Bitcoin community (users, investors, services) are increasingly aware of the tremendous work that Core does, and are increasingly unlikely to follow a fork that Core doesn't support. I'm starting to think that a lot of the NYA backers are going to start defecting, given that Core seems firmly opposed to the November hard fork by the Segwit2x team. I hope this happens, the bitcoin cash fork was troubling but nothing that bitcoin could not manage, the fork planned for November is a lot more dangerous so if we can avoid that situation then I think it will be better for all of us, the devs, the miners and the user base. I agree. It would be best for all if we could avoid a significant network split. Bitfury has already shown signs that they are leaning towards pulling out. Unfortunately, though, they are small fish now. Bitmain is the real contender. And major bitcoin services like Bitpay and Coinbase want cheap on-chain fees. So, if we have big names like Garzik (even though he is crap by bitcoin development standards), combined with majority hashpower via Bitmain and exchanges like Coinbase/payment processors like Bitpay, that's a lot of potential support for a fork. Bitpay has said they will follow majority hashpower, and they will take a lot of merchants/customers with them. Exchanges are even more important in that regard. I do hope we can avoid such a split, but it's probably good to be prepared for such scenarios.
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Bittoshi
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August 16, 2017, 06:37:36 AM |
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Sold my free BCC yesterday (the free coins you got just for holding BTC) before the price will drop more and more. It's just another Altcoin and has not many support. Personally I don't believe that price will rise much in future but of course I may be wrong.
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Bitgesell (BGL): A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.
It's just the beginning!
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L
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August 16, 2017, 09:36:18 AM |
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Sold my free BCC yesterday (the free coins you got just for holding BTC) before the price will drop more and more. It's just another Altcoin and has not many support. Personally I don't believe that price will rise much in future but of course I may be wrong.
If it is backed by the Chinese government it can increase a lot in the future, although the real deal is bitcoin and that's where we should put our money.
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Paycoinzzz
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August 16, 2017, 10:49:43 AM |
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What gives bitcoin the edge over bitcoin cash is very simple, its the developers. Do what you want, but core has the best dev team period, bitcoin cash devs are amateurs in comparison.
This is what it comes down to, and it's also why XT, Classic and Unlimited were widely rejected as well. I think that the Bitcoin community (users, investors, services) are increasingly aware of the tremendous work that Core does, and are increasingly unlikely to follow a fork that Core doesn't support. I'm starting to think that a lot of the NYA backers are going to start defecting, given that Core seems firmly opposed to the November hard fork by the Segwit2x team. I hope this happens, the bitcoin cash fork was troubling but nothing that bitcoin could not manage, the fork planned for November is a lot more dangerous so if we can avoid that situation then I think it will be better for all of us, the devs, the miners and the user base. To me, not need worry about the time HardFork in November, because if the price of Bitcoin reach to highest price, I will sell my Bitcoin. Just saving small amount like provident funds in future .
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Kema
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August 16, 2017, 11:36:35 AM |
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The big question is how BCC will move in regard to BTC for the foreseeable future.
BCC is in a transfer process, it'll be a while until holders of BTC have transferred the BCC to BCC wallets. It seems reasonable that BTC followers are dumping to get as much as possible for the BCC. BCC believers are likely accumulating since it's usually good to buy while others are dumping.
But then what? Once the dumping is done, will it start climbing or will it just fade away? For now the price of BCC seems to have leveled out and isn't moving all that much, but that won't go on forever. At some point it should start moving one way or the other. Will it move up or down once it starts moving?
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Don't just short links, ezLink them!
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Valzzz005
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August 16, 2017, 12:28:07 PM |
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Even with segwit, BlockStreamcoin can only scale to 4.5 tx/sec
Mining cartels will refuse to implement any new scaling proposals for BScoin
Meanwhile the real Bitcoin will have 2000 tx/sec
Blockstream and core devs are working with the US gov to force users off-chain
Big blocks or GTFO
The fact that bitcoin cash are came from bitcoins it doesn't mean it will be the bitcoins. They are just getting started at this business their name was just exactly the same as the original but we cannot say that they will also be successful as what bitcoins had become. For me no one from this period of time will ever surpassed bitcoins maybe in the next century they will but today bitcoins are the best, the king of all cryptocurrencies.
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unixguy
Newbie
Offline
Activity: 42
Merit: 0
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August 16, 2017, 01:29:02 PM |
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Bitcoin is king of crypto currency. Bitcoin is just not a currency , its an idea. And always remember "An idea is a very dangerous thing".
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n00b3rt
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August 16, 2017, 01:44:12 PM |
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The big question is how BCC will move in regard to BTC for the foreseeable future.
BCC is in a transfer process, it'll be a while until holders of BTC have transferred the BCC to BCC wallets. It seems reasonable that BTC followers are dumping to get as much as possible for the BCC. BCC believers are likely accumulating since it's usually good to buy while others are dumping.
But then what? Once the dumping is done, will it start climbing or will it just fade away? For now the price of BCC seems to have leveled out and isn't moving all that much, but that won't go on forever. At some point it should start moving one way or the other. Will it move up or down once it starts moving?
Blocks have been quick enough for days. Your post would have made sense last week.
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illyiller
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August 17, 2017, 06:47:23 AM |
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Sold my free BCC yesterday (the free coins you got just for holding BTC) before the price will drop more and more. It's just another Altcoin and has not many support. Personally I don't believe that price will rise much in future but of course I may be wrong.
If it is backed by the Chinese government it can increase a lot in the future Why would you possibly think it's backed by the Chinese government? Sold my free BCC yesterday (the free coins you got just for holding BTC) before the price will drop more and more. It's just another Altcoin and has not many support. Personally I don't believe that price will rise much in future but of course I may be wrong.
I still haven't done anything, mostly because it's too much of a risk and hassle to move my BTC from cold storage. The liquid BTC I have is small enough that it doesn't make it worth it, either. I think it'll form a long term base and pump like any other altcoin, eventually.
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arpon11
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August 17, 2017, 07:14:36 AM |
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Bitcoin core has established a great foundation all cryptocurrency business and investment are established in bitcoin core. Bitcoin Cash is established and it stands as altcoins it is not in competition with bitcoin core and I don't think itcan replace bitcoin core.
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Barbarian
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August 17, 2017, 08:29:06 PM |
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If Bitcoin cash was gonna take over the market share it had to happen in a more even way right after the split.
I think they have lost there opportunity now
They never had any chance, bitcoin cash is just an altcoin and not a very good one, if bitcoin cash did not had bitcoin on its name no one will look at this coin for a single second and yet there is in one of the top places in market cap but I think that is not going to last for long.
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IAMYOURLEADER
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August 18, 2017, 03:08:14 AM |
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If Bitcoin cash was gonna take over the market share it had to happen in a more even way right after the split.
I think they have lost there opportunity now
They never had any chance, bitcoin cash is just an altcoin and not a very good one, if bitcoin cash did not had bitcoin on its name no one will look at this coin for a single second and yet there is in one of the top places in market cap but I think that is not going to last for long. They should change its name from bitcoincash to bitcoinshit because it's literally a shit from bitcoin. It will just be treated as trash for some few months.
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Indrawan77
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August 18, 2017, 03:39:42 AM |
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Bitcoincash dont have any future, a coin cloning from any coin is never going to succeed and after few days the price slammed down and dont have a really big transaction like predicted, and how can an alt coin become bitcoin, its not that easy to replace bitcoin
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