Does Bitcoin Cash have a chance at overtaking Bitcoin?

[ajmapalo22]

Any coin can possibly overtake bitcoin but that can only happen if that coin can become as popular as bitcoin because as long as the demand and supply of bitcoin is at stable position I don't think there would be a coin replacing bitcoin in the market

[winnerhor]

i think Bitcoin cash very difficult to overtaking Bitcoin because bitcoin still be a leader at cryptocurrency market

[EXITCORNER]

We don't know what happen in this life no exception with this btc.
any issue can make it possible, invest always have risk. but i believe btc still good standing for few years.

[Yuhee]

Overtaking bitcoin will have to mean a lot of things and efforts to be out into play and this will only happen if the recognition given to bitcoin by supporters such as exchange sites, faucet sites, crypto news sites, financial websites, crypto blogs decides to withdraw their support and then dedicate that to BCC which will be interpreted to those coming in fresh to be the real btc. And if you ask me, the number outside is very much more than those already involved with bitcoin.

In general the blockchain of btc. If BCC could come up with its own blockchain then there is a chance it will get high. Because in terms of features bcc is more reliable. Btc is just on the hype as the most known cryptocurrency in any market be it in the web and even in the physical. Eth on the otherhand is making its own name as a coin also has its own blockchain but as far as i see, its nowhere near btc.

[doubletoilandtrouble]

Doubtful - Bitcoin has much better name recognition and has a built in network effect.

[KizaruOG]

Depends on development and releases in the next 3-4 months.

[8rch7]

nothing is impossible   

[TIDOVEE]

it will definitely overtake bitcoin as it will be readily good to spend directly but keeping fingers crossed till then.

[CryptoTamer]

Each altcoin has an opportunity to overtake the bitcoin, more exactly overtake bitcoin market cap.
but it's hard to overtake bitcoin, because support for bitcoin is so strong

[bitcoinmasterlord]

Each altcoin has an opportunity to overtake the bitcoin, more exactly overtake bitcoin market cap.
but it's hard to overtake bitcoin, because support for bitcoin is so strong

The opportunities are there but it is not easy to overtake bitcoin. and not all altcoins have this chance only the reputed coins will have this chance and they maybe overtake like ETH. Bitcoin cash is just a toy to make money in trading. it will not stand many days and people also only support Bitcoin, no one will support Bitcoin cash.

[asus09]

too early we predict it, however bitcoin still perched on top of the crypto kingdom. But all may happen, if bcc gives a real program that exceeds btc. But I think this is very difficult to happen I'm sure bitcoin has a loyal fan and loyal investor.

[alyssa85]

Overtaking bitcoin will have to mean a lot of things and efforts to be out into play and this will only happen if the recognition given to bitcoin by supporters such as exchange sites, faucet sites, crypto news sites, financial websites, crypto blogs decides to withdraw their support and then dedicate that to BCC which will be interpreted to those coming in fresh to be the real btc. And if you ask me, the number outside is very much more than those already involved with bitcoin.

The two biggies are Coinbase and Bitpay. At the moment both only deal in bitcoin.

If they ever enable bitcoincash, then it has a chance, especially as the big blocks mean transactions always get picked up at a low fee.

[9000]

Every altcoin out there is trying to 'overtake' bitcoin, till today none came near it, Ethereum is the closest contender, still quite far.

[sms301]

Anybody else getting worried that this may be a possibility? 

I am not at all worried. It'll come down eventually. Pretty much all the coins did previously. I hope it doesn't get saturated on top price.

[squatter]

Anybody else getting worried that this may be a possibility? 

Long term, no. But we could be travelling a pretty rocky road for the coming weeks and months. Rolling out BCH as an opt-in airdrop was much smarter than the Bitcoin Unlimited route. Now instead of trying to manipulate public opinion, BCH's backers (like Bitmain) can manipulate the markets by pumping the price (and/or dumping BTC's price). And they can manipulate the hash rate, too. It's gonna be a fun few months. Then we have the November fork, too!

Short and Long term BCH will have zero impact because it's just Roger Ver bleeeding his money faking volume but he cannot fake 8 megabyte blocks. BCH is game over in ~8 weeks as the scam becomes plain as day...

I'm guessing that Bitmain can. Someone paid dearly for years spamming the BTC network, to promote the cause of larger blocks I'm sure. I think that's why, during the BIP91 drama, the spam stopped and mempools were empty. At that point, it was better for Bitmain to support the status quo and give the appearance that Segwit wasn't necessary.

Roger Ver is just a sideshow here. His and Bitpay's interests pale in comparison to Bitmain's, in regards to AsicBoost. I think Bitmain's investors put in obscene amounts of money, and AsicBoost is world-changing for them.

[8rch7]

Each altcoin has an opportunity to overtake the bitcoin, more exactly overtake bitcoin market cap.
but it's hard to overtake bitcoin, because support for bitcoin is so strong

yeah its too strong to overtake by altcoin, because bitcoin have support and used by many peoples and many companies so its will difficult to overtake

[d5000]

I'm a bit worried about the November fork. If the NYA miners all changed to Segwit2x in November (we're talking about 85-90% of the hashrate), then the original Bitcoin blockchain will have a hard time to produce enough blocks to store the transactions. In this case, we could have the following effects in parallel:

- people panic because of 2-5 hour block times and the "originalCoreBitcoin" (OCBTC) crashes hard.
- Segwit2x gets some traction but not enough to overpass OCBTC.

Let's say that both will have a price of about 1300-1800 USD (between the 2013 ATH and the begin of the "bubble phase" in 2017).

In this scenario BCH could be the "laughing third": It has already proven that it can go near $1000, and maybe some will then jump to it as a hedge. I don't think Bitcoin Cash would go over ~$2500 in short time, but it could be just enough to "beat" BTC.

But as @olushakes correctly said, we'll know the outcome only when the Bitcoin enterprises have decided whom to support. If BCH captures a large part of the ecosystem then it could have good chances.

This is only a bearish scenario which is possible, but not guaranteed to happen. I think it has a probability or 10-30% to happen. Bitcoin Core devs can avoid it if they re-open a dialogue with Segwit2x supporters and plan a hard fork for 2018.

[Carlsen]

Honestly I still do not see the real use of bitcoin cash.
8MB blocks are a fine thing, unfortunatelly they are all nearly empty.
I think of Bitcoin Cash more as a temporary fashion.
BTC and BCH will turn out to be something like ETH and ETC most likely.

[zzwensel11]

BCH has a long way to go before it can really compete with BTC. The sheer strength of the bitcoin name/brand, which has been built in the past couple years, can only be overtaken in terms of user adoption if BCH has something new and unique in the eyes of users.... I don't see that coming. Of course, miner's perspective can be a whole other story, but in my view the users determine the value in the end.

[asepsetiawan1990]

We'll see how far it will happen, whether bitcoin will be as easy as it will be taken over by others.