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Author Topic: Bitcoin Cash is the future IMO  (Read 1103 times)
dzkrb1966
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October 01, 2017, 11:07:43 AM
 #21

If anyone remembers the good old snake game, where the snake constantly increases its tail and each time it becomes harder to manage it. So it is here.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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moala
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October 01, 2017, 11:21:55 AM
 #22

I don't think it will be possible

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October 01, 2017, 11:44:30 AM
 #23

even if BCH is faster than BTC, he is not enough faster!

Visa can handle 4000 transaction/second!

BTC and BCH are not the future of money but store of value YES!
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October 01, 2017, 12:00:08 PM
 #24

Bitcoin cash has sure future. It was just free cash at the moment.
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October 01, 2017, 12:08:40 PM
 #25

Bitcoin cash always serves as an alternate platform for the bitcoin. Its been considered as an altcoin, and it got such an increased popularity due to the splitting happening from the all time popular and the long time sustained blockchain. Hope in future it might gain more popularity, but never get similar to bitcoin.
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October 01, 2017, 12:47:00 PM
 #26

At this time , BTC and ETH have big exchange volume ! BCH need more works for be come top coin in Coinmarkcap
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October 01, 2017, 12:53:50 PM
 #27

Bitcoin Cash quickly became one of the top of cryptocurrencies (CoinMarketCap).
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October 01, 2017, 01:04:44 PM
 #28

We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.
Whether it will be the future or not, and even if it is substantially faster, it will also get slower confirmation times in the long run when it is already being used by many users as many as the number of people using bitcoin today. Still even if it is substantially faster, All I care about is slow transactions being solved. Even if that is the case, i dont think it will really replace the current bitcoin that we have and use but still it is nice to divest in BCH.
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October 01, 2017, 01:18:56 PM
 #29

First, Bitcoin blockchain is not going down radically.
There are so many transactions performed per day.
And Bitcoin Cash is yet to have the range of acceptability Bitcoin has already gained.
BCC still has a long way to go.
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October 01, 2017, 01:28:37 PM
 #30

We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.

Please provide proof of "BTC blockchain slowing down radically"

I am still waiting for OP to show a proof of his statement. I bet he can't.

Edit: BitcoinCash has no future at all.

Bitcoin is not a bubble, it's the pin!
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October 01, 2017, 01:33:02 PM
 #31

First, Bitcoin blockchain is not going down radically.
There are so many transactions performed per day.
And Bitcoin Cash is yet to have the range of acceptability Bitcoin has already gained.
BCC still has a long way to go.
that's reality mate, bitcoin cash still have a long way to go before gathering much attentions, because even we seen some delayed from bitcoin
transactions people still uses the service the reason is just simple bitcoin already gain the trust of investors and traders who played inside and
if bcc wants to gained attention as well he needed to create advance service which will drive people to take advantage.
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October 01, 2017, 01:35:15 PM
 #32

First, Bitcoin blockchain is not going down radically.
There are so many transactions performed per day.
And Bitcoin Cash is yet to have the range of acceptability Bitcoin has already gained.
BCC still has a long way to go.
Just see if BCC could resolve the scalability issues. Any coins that still use blockchain will eventually become very slow when it have so many transactions going around and all of these are queueing to be confirmed by the miners.
such a nonsense reason i must say. Bitcoin is pretty slow because there's so many transaction around as you say and BCC is not yet.

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Collinslevi
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October 01, 2017, 03:31:46 PM
 #33

Bitcoin cash is supposed to be more efficient as it allows more transactions per block than the original Bitcoin. Different from the previous challenger Ethereum, the similarly structured Bitcoin Cash implies that the old Bitcoin community can move to the new Bitcoin environment at ease. Once the current rally in the price of the original turns around, existing miners may find it more profitable to switch to the other Bitcoin. More importantly, following the BoE’s argument, the lower cost of transaction translates to a lower marginal cost, thereby the inflexion point, where marginal revenue equals cost, may appear later than the original Bitcoin. Hence, Bitcoin Cash would survive longer with the lower transaction. After all, the blockchain is said to bring about security, lower cost of transaction and, above all, efficiency.
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October 01, 2017, 04:05:05 PM
 #34

Here is the real reason why BitMain promoted the Hard Fork that created BCH, instead of doing a safer Soft Fork to accommodate SegWit2.  The ASICBoost miner software would no longer work.  Thus the 30% savings ($100 million) annually would be lost, and AntMiner would be on a level playing field once again.  Bottom line PURE GREED!!! see the link below.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f
Nikola282828
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November 21, 2017, 05:38:30 PM
 #35

We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.

Nobody can ever predict the future...you can be right that eventually Bitcoin can be replaced by BitcoinCash or maybe there would be another new cryptocurrency that would kick them both or maybe Bitcoin will continue on its reign as the supreme and the number one cryptocurrency making all other contenders to be just alternative coins.

I have no problem if ever it will be BCH who can take the lead...basically I really don't care as we can all make some adjustments but for now it is not yet happening and personally I don't see why it would be happening that way. There would be another hard fork coming in November which can give birth to another daughter to be named Bitcoin Gold. we don't know how will this another split coin from Bitcoin would be performing but let's give it a chance the same thing we did to BCH.

As for me nothing can still replace Bitcoin and you know it, right?

I also think most likely, somebody will create a new and PPC and btc will end, at least I want it to be.
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November 21, 2017, 05:45:02 PM
 #36

Here is the real reason why BitMain promoted the Hard Fork that created BCH, instead of doing a safer Soft Fork to accommodate SegWit2.  The ASICBoost miner software would no longer work.  Thus the 30% savings ($100 million) annually would be lost, and AntMiner would be on a level playing field once again.  Bottom line PURE GREED!!! see the link below.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f

Yep. This post was made before Ver and Wu came out and showed their true colors. You nailed it before the fact. Nice. Bitmain ONLY accepts BCH as payment too. Sneaky lowlife bastards, those two.
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November 21, 2017, 06:19:41 PM
 #37

Time will tell. Will need more acceptance before it can go mainstream I think but who knows in the crypto world.

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November 21, 2017, 06:52:14 PM
 #38

Here is the real reason why BitMain promoted the Hard Fork that created BCH, instead of doing a safer Soft Fork to accommodate SegWit2.  The ASICBoost miner software would no longer work.  Thus the 30% savings ($100 million) annually would be lost, and AntMiner would be on a level playing field once again.  Bottom line PURE GREED!!! see the link below.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f

Yep. This post was made before Ver and Wu came out and showed their true colors. You nailed it before the fact. Nice. Bitmain ONLY accepts BCH as payment too. Sneaky lowlife bastards, those two.
I agree with you guys. This was a very smart play orchestrated by Roger Very and Jihan Wu. The horrible thing is that they already have tons of bitcoins and are still crazy about earning more bitcoins by screwing so many people around the world. Pathetic move, but a very smart move in my opinion. There are certain youtubers who had even promoted this move which caused many people to dump their bitcoin and move to bitcoin cash which obviously ended badly for them.

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November 21, 2017, 06:56:01 PM
 #39

Bitcoin cash will never be a trustworthy coin in my opinion. It doesn't have the background that sits on a strong ground. It may look very attractive because of some sudden increases but it also has a chance to go down very fast. So that's not a kind of investment i like to make.

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November 21, 2017, 07:06:39 PM
 #40

We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.

I disagree. This is the problem with BCH. People weren't interested in bitcoin because of its transaction speed anyway. BCH being faster than bitcoin isn't really a selling point. There are plenty of coins that are vastly quicker than both bitcoin and BCH - if you want speed you can use those instead.
What is it that BCH offers, other than intermittent pumps and an association with the name 'bitcoin'?
I am happy to be educated and proved wrong, it's just that I can't really see the point of BCH at the moment.
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