bitcoin

[HippiePyro]

Sometimes ignorance make me facepalm. I will admit I don't know enough to truly say what will happen. Many big wigs are starting to take a liking to BCH. It currently has longer sustainably then BTC, and more miner friendly than SegWit.Today's prices will make many wonder...

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[HardFireMiner]

It began, ready or not.

It is now more profitable to mine BCH.

[QueenOfCrypto]

I guess this is quite unlikely, but in cryptos you never know. The fact that it is more rewarding to mine it is quite intriguing.

[Carlsen]

Maybe bitcoin cash will be the payment form of bitcoin, and bitcoin will be the investment form of it.
With the increased blocksize bitcoin cash could handle the transactions faster.
And for bitcoin as an investment not so much transactions would be necessare anyhow.
The problem I see is that if bitcoin cash would become more valuable, it would turn out to be an investment itself.

[zabisux]

I don't think bitcoin cash will reach that point ever in its life time. Bitcoin is too good to fail, too good to lose. Noone will leave it to dead.

[coinzoid]

Maybe bitcoin cash will be the payment form of bitcoin, and bitcoin will be the investment form of it.
With the increased blocksize bitcoin cash could handle the transactions faster.
And for bitcoin as an investment not so much transactions would be necessare anyhow.
The problem I see is that if bitcoin cash would become more valuable, it would turn out to be an investment itself.

Investors still would want to use only one of those. Imagine you are an investor of bitcoin, but due to long transaction time and high fees, you need to wait before selling your bag for profit. If I were such investor, I'd use the fastest one and I think bitcoin will outperform bitcoin cash in the long run.

[HardFireMiner]

No miners, no power, this is how POW work. Being more profitable to mine BCH now, any move from BTC hash power to BCH is crucial. 10% is a lot, if this happens, all will switch.

Difficulty will readjust in this case in 20 days, at best.

Interesting times

[HippiePyro]

Why does BCH and BTC have different circulating supplies? Almost 20k different

[HardFireMiner]

Why does BCH and BTC have different circulating supplies? Almost 20k different

From August 1, they had almost the same difficulty but huge difference in hashing power, more BTC was mined as it was more profitable.

[HippiePyro]

Thank you very much. Makes perfect sense, I did not think of that.

[Rinaze]

BCH need to have its' own reddit first before replacing BTC

Joke aside, I think the upcoming BCH 2.0 (supposedly the fork does happen) should be even closer to BTC. What's stopping BCH 2.0 to be better than 1.0?

Then again, closer doesn't mean replacing BTC. No currency coins would be BTC's killer, period.

[nasipadang]

Bitcoin cash can't be the bitcoin because bitcoin cash is not bitcoin, bitcoin cash needs a lot of supporters especially miners, I'm not sure bitcoin cash will exceed bitcoin even though it's been through a long time.

[kokojie]

Maybe bitcoin cash will be the payment form of bitcoin, and bitcoin will be the investment form of it.
With the increased blocksize bitcoin cash could handle the transactions faster.
And for bitcoin as an investment not so much transactions would be necessare anyhow.
The problem I see is that if bitcoin cash would become more valuable, it would turn out to be an investment itself.

No, I wouldn't recommend any investor to invest in a BSegwit chain. Even Blockstream(eg. CORE)'s investors are backing off their investment in Blockstream. So that really says something about BSegwit chain's future. Once Blockstream runs dry of investments, what do you think will happen to Bsegwit chain?

BCash's backers are much better funded with extremely deep pockets, not dependent on external investments.

[25hashcoin]

Bitcoin cash can't be the bitcoin because bitcoin cash is not bitcoin, bitcoin cash needs a lot of supporters especially miners, I'm not sure bitcoin cash will exceed bitcoin even though it's been through a long time.

Bitcoin Cash is now more profitable to mine. Let's see what happens.

[Slow death]

Bitcoin cash can't be the bitcoin because bitcoin cash is not bitcoin, bitcoin cash needs a lot of supporters especially miners, I'm not sure bitcoin cash will exceed bitcoin even though it's been through a long time.

Bitcoin Cash is now more profitable to mine. Let's see what happens.

With this news Segwit2x and Bitcoin Core Drama Flares Up ‘Community’ Tension Will make BCH supporters very happy


BCH is not BTC and it will never be, exist BTC  and BCH

[hieuho381]

Bitcoin cash can't be the bitcoin because bitcoin cash is not bitcoin, bitcoin cash needs a lot of supporters especially miners, I'm not sure bitcoin cash will exceed bitcoin even though it's been through a long time.

I agree with you . Bitcoin still dominates the Cryptocurrency market because without Bitcoin, BCC would be just rubbish and garbage would not be able to dominate the Cryptocurrency market. I think BCC forever baby of the BTC

[PedroLinh]

Never say never. Bitcoin Cash soon return to the old position

[Smith13c]

Bch can not be BTC. BTC is a wall

[Sync485]

in the future bitcoincash can be more popular but never can be bitcoin.for example bitcoin is gold, all other coins are paper money.

[The_Dark_Knight]

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.

It is a little bit silly but this reminds me of the new coke fiasco, the Coca Cola Company wanted to release the new coke and everyone in the high ranks agreed with it, but the consumers hate it and at the end they won and they got their old coke, it seems we are going to have the same problem, the miners and the big money want something but it seems the user base want something else.