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Question: which coin is best for mining, transaction fee, transaction speed/confitmations
Bitcoin - 8 (57.1%)
bitcoin cash - 5 (35.7%)
Ethereium - 0 (0%)
ETC - 0 (0%)
LTC - 1 (7.1%)
Total Voters: 14

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Author Topic: Bitcoin & Bitcoin cash  (Read 430 times)
waqarkahloon (OP)
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August 19, 2017, 04:27:41 PM
 #1

It is to show everybody experience regarding all aspects mentioned in question. So that we can see which coin is best for transaction purposes.

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October 26, 2017, 05:18:27 PM
 #2

BTC and BCC are two possible forks for the bitcoin blockchain. Bitcoin (BTC) is the bitcoin we’ve known and loved for years. It’s the main development path for bitcoin. Bitcoin Cash (BCC), on the other hand, is a proposed hard fork that claims to be closer to Satoshi’s original vision for the currency.
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October 26, 2017, 05:26:59 PM
 #3

Until Lightning Network's launch is better Bitcoin Cash, then maybe will change.

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October 26, 2017, 05:41:44 PM
 #4

I think it's because bitcoin is what most people know about it, especially the highest price of crypto, but BCC is also a good choice because some people invest there too
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October 26, 2017, 05:57:50 PM
 #5

BCC is cheaper to send right now, but it's worth much less. For me it wouldn't be worth it to buy BCC just to send it cheaper and faster from an exchange. I can wait 30 min for a BTC confirmation, it's not the end of the world. My bank transfers are usually much slower than BTC.
I don't know why most people voted for BTC in the poll. It's the king, but it's still more expensive to send than other coins.

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October 26, 2017, 06:02:01 PM
 #6

BCC is cheaper to send right now, but it's worth much less. For me it wouldn't be worth it to buy BCC just to send it cheaper and faster from an exchange. I can wait 30 min for a BTC confirmation, it's not the end of the world. My bank transfers are usually much slower than BTC.
I don't know why most people voted for BTC in the poll. It's the king, but it's still more expensive to send than other coins.

This is spot today. What do you think will be in 3 month? 6 month? ....?

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October 28, 2017, 07:57:23 PM
 #7

This is spot today. What do you think will be in 3 month? 6 month? ....?

I don't think the number of transactions will continue to grow fast enough to overwhelm the network. In 6 months you will still be able to send cheap and relatively fast transactions on the Bitcoin chain. Since BTG is considered to be a shitcoin and people aren't interested in buying it the price of BCC may go up. It will probably the most viable alternative if you decide you don't like the path BTC has taken but want something very similar to it.

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Dexter44
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October 28, 2017, 08:15:31 PM
 #8

You all should know that bitcoin has born from the hard fork of bitcoin in august 1nd. Bitcoin cash is useless, i dont even understand why it has been forked because i can not understand what is the real purpose of bitcoin cash, i understand that this was created specially for miners, but its expensive to mine and it requires a lot of hashrates for mining this alt.
Anyway, it will never die because a lot of people is still holding them, so i dont expect to see it going below $200.
bitjoin
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October 28, 2017, 08:22:00 PM
 #9


Litecoin has always been faster and cheaper but these are small benefits when you consider the grand scheme of the original bitcoin chain which now actually isn't a high risk investment anymore IMO.

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October 28, 2017, 08:27:40 PM
 #10

BTC it is the most accepted currency, when segwit adoption will increase fees will decrease and when LN will be active it is going to be huge.

Bitcoin cash fees are near 0 but it is not very usefull as not a lot of websites accepts them as payment method and if you need to convert it to fiat it is not quite practical as you can not buy/sell for fiat, so you will have to change it to btc, eth or ltc if for example you are using coinbase
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October 28, 2017, 08:40:50 PM
 #11


Litecoin has always been faster and cheaper but these are small benefits when you consider the grand scheme of the original bitcoin chain which now actually isn't a high risk investment anymore IMO.
There is no risk in bitcoin because if you are having bitcoin you will earn a lot look at my father he was not even interesting in bitcoin now a days he is investing into bitcoin because he know that bitcoin having best future. Now he is falling in love with bitcoin.


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October 28, 2017, 08:45:01 PM
 #12

It is to show everybody experience regarding all aspects mentioned in question. So that we can see which coin is best for transaction purposes.

At any given time i dont care about evaluating the mining, transaction fee, transaction speed/confirmations between Bitcoin and Bitcoincash
The many negative attributes of bitcoincash allow me to prejudge it negatively before considering any of your cherry picked criteria.

Bitcoincash needs to go through a hard fork anyway to remove the emergency difficulty adjustment that is causing inflationary spikes.

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