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Author Topic: Bitcoin + Bitcoin Cash....  (Read 1029 times)
Kakmakr
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October 19, 2017, 05:24:22 AM
 #21

Bitcoin + SegWit + Lightning Network = Any transaction < Big or Small >

Bitcoin Cash = Small volume of transactions between fan club members supporting this Alt coin.

I think Bitcoin Cash was brought in quickly to fill a gap, before SegWit + Lightning Network can be fully implemented. They wanted to capitalize on the need, before the permanent scaling solution for Bitcoin was in place. Once the Lightning Network is in place, people will go back to Bitcoin and Bitcoin Cash will only be supported by it's fans. ^smile^

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October 19, 2017, 05:30:56 AM
 #22

Until we have internet connection bitcoin users can dream! Obviously internet connection will exist unless there is a war or a big catastrophic natural disaster!
I think we will be able to buy everything with BTC, or even BCH, it's just a difference in their quantity that might affect in the end! And I guess this coins shouldn't get discrimined, they will be used for everything if they survive in the market, maybe will not be to much used!
although there will be a war or natural disaster that causes the internet connection to be lost, we do not have to worry because the bitcoin we have will not disappear, because someday everything will be restored and access to bitcoin that we have will be maintained, but the problem that will arise is bitcoin prices are sure to drop dramatically, as their use will be limited
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October 19, 2017, 05:35:24 AM
 #23

Bitcoin cash is the clone of bitcoin and blockchain technology with increased block size, bitcoin cash is created by miners and developers of bitcoin those who had owned bitcoins during the hardfork has earned equal amount of bitcoin cash, user's are buying bitcoin cash with the thought that the value of bitcoin cash increases in the future. Both bitcoin and bitcoin cash has 16.5 million units in circulation, bitcoin cash is easier to mine which means the miners of bitcoin cash will be able to make double on bitcoin cash than bitcoin. compared to bitcoins the transaction fees is much lower for bitcoin cash.

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October 19, 2017, 05:44:47 AM
 #24

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc


I see no much difference between these two or any of the alts available out there. The whole thing runs in the same blockchain. So I don't think there is way to make them apart. It will be all about the people's choice what they want to use. Also, it's not about the price too., where bitcoin would be couple of thousand dollars worth and cash would be couple of hundred but it's not about the price for sure. There will be lot more ways to spend it. The time will come and define the fate.

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October 19, 2017, 06:01:33 AM
 #25

Bitcoin is now available for direct trading in real estate. The other day I saw a real estate trading site that could be paid in bitcoin.
However, to extend to all people accustomed to bitcoin, of course, from the beginning of the small payment. Start with daily necessities. Because there are so many people using these goods. These people are used to paying in bitcoin, and a lot of high-value goods will be paid in bitcoin. Cool

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October 19, 2017, 06:21:40 AM
 #26

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

yes maybe in the future will happen. the current crypto innovation has spread and has become immense. many developers are bringing new ideas and methods. according to the positive things we can get is a future effect that you say.
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October 19, 2017, 07:11:38 AM
 #27

Bitcoin is supposed to be used in large transactions because sending fee are more expensive. But I think not only BCH is worthy to use in small transactions because many other altcoins are still usable. If you only use BCH it's an option, but others don't have to do it. They have a more option than BCH, there is ETH, LTC, ETC, and Dash. I think BCH at this time still not safe yet for use to buy a products/goods, because many people still don't trust this coin and they just trade it.
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October 19, 2017, 07:13:06 AM
 #28

Until we have internet connection bitcoin users can dream! Obviously internet connection will exist unless there is a war or a big catastrophic natural disaster!
I think we will be able to buy everything with BTC, or even BCH, it's just a difference in their quantity that might affect in the end! And I guess this coins shouldn't get discrimined, they will be used for everything if they survive in the market, maybe will not be to much used!
although there will be a war or natural disaster that causes the internet connection to be lost, we do not have to worry because the bitcoin we have will not disappear, because someday everything will be restored and access to bitcoin that we have will be maintained, but the problem that will arise is bitcoin prices are sure to drop dramatically, as their use will be limited
Even do not need to worry about the users of bitcoin, because with the passage of time the users of bitcoin are increasing and we can expect that even if there is nature desater or anything else people will feel the need to use bitcoin. I think that bitcoin is becoming more stronger with the passage of time and therefore we can expect that bitcoin remain as for ever and will continue increasing from time to time.
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October 19, 2017, 07:14:32 AM
 #29

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

Bitcoin normal transactions will be used for big purchases.
Bitcoin's SegWit will be used for small fast transactions.
Bitcoin cash will be used only by a few people that don't want to face the reality. And it'll be fewer and fewer...

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October 19, 2017, 07:22:37 AM
 #30

Instant and very cheap/almost free transaction is possible in original bitcoin chain in near future so why should we have to rely on bitcoin cash for micro transactions.
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October 19, 2017, 07:25:58 AM
 #31

No. I would rather use another coin rather than bitcoin cash which is just made to milk money.
Litecoin is much used than them, could be a better option.
Or why not just use bitcoin for every transaction.
There are coins now which are making services for different areas they could also be voted for that.

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October 19, 2017, 07:30:39 AM
 #32

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

why?

please use your brain before writing something like this. why would anyone use Bitcoin Cash for small transactions when there are so many other altcoins with much better features, so much lower fee, faster transactions and lots more! even Dogecoin would be better than BCH for that matter!

I am also puzzled by this. Every week nother new coin or announcement, what's the point. The vast amount of businesses don't even recognize bitcoin. Also there is litecoin for smaller, fast transactions. I don't see the point of all these forks, in the end very few survive and every fork weakens the original, to what good?

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October 19, 2017, 08:24:29 AM
 #33

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

why?

please use your brain before writing something like this. why would anyone use Bitcoin Cash for small transactions when there are so many other altcoins with much better features, so much lower fee, faster transactions and lots more! even Dogecoin would be better than BCH for that matter!

I am also puzzled by this. Every week nother new coin or announcement, what's the point. The vast amount of businesses don't even recognize bitcoin. Also there is litecoin for smaller, fast transactions. I don't see the point of all these forks, in the end very few survive and every fork weakens the original, to what good?

Bitcoin cash was a product of a fork, it is an inevitable product of bitcoin's transaction that was left on the blockchain, and this coming October 25th BTG will be released again. Originally these coins already exist but with no value people are just putting value on it. If it will have less users then it will never have a value.

Litesoin is considered an Altcoin means it was created by a group of developers with a particular purpose.



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Rainbot
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October 19, 2017, 03:14:02 PM
 #34

From an objective perspective these seem like two completely different currencies trying to serve two distinct purposes. It seems to me that while Bitcoin was created as a cryptocurrency meant to store value and transact with it, Bitcoin Cash is more oriented towards microtransactions without having long term viability too much in mind. I do not know the full specifics on this, but I feel like the only reason it was even started as a fork from the regular Bitcoin blockchain was so that it could gain popularity from the name and from being considered the "new" Bitcoin. While I do see the place for both of these, I would not be surprised if another cryptocurrency already existed that is better than Bitcoin Cash. I simply do not follow alt coins much.

The signature campaign posters adding useless redundant fluff to their posts to reach their minimum word count are lowering my IQ.
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October 19, 2017, 03:20:42 PM
 #35

I think Bitcoin (BTC) is enough to handle any crypto payments, so why do we need Bitcoin Cash? Whats the point of using it? I prefer LTC & DASH, over Bitcoin Cash. LTC and Dash has more stable coin price, not centralized ,with true real miners.

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc
lighpulsar07
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October 19, 2017, 03:25:12 PM
 #36

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc
well bitcoin is can do all of that stuff there is no need to use bitcoin cash it is just exact copy of bitcoin with 8mb blocks please stop making these shills it is very annoying. it is better to use a lite coin and ethereum if you are doing day-day transactions than bch. bitcoin cash is a complete failure made by some businessman who wants to make a fail coin.
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October 19, 2017, 03:32:59 PM
 #37

I think Bitcoin (BTC) is enough to handle any crypto payments, so why do we need Bitcoin Cash? Whats the point of using it? I prefer LTC & DASH, over Bitcoin Cash. LTC and Dash has more stable coin price, not centralized ,with true real miners.

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

I really agree with what you say, maybe just with BTC it's all clear enough for payment, because with BTC payment everything can be run, no need with BCH, because BCH really make things more difficult in the future.
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October 19, 2017, 03:33:36 PM
 #38

it will happen in the future bitcoin later in use as a means of home and car buying,
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October 19, 2017, 03:39:13 PM
 #39

Redundant. If that's the solution, why not just use an altcoin for that? Tongue
Exactly why wouldn't I just use ETH, which has much less fess and faster confirmation time. BCH is just another alternative for it, nothing special about it IMO.
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October 19, 2017, 03:43:59 PM
 #40

Bitcoin Cash is only staying alive because of the EDA.  It is hanging on to dear life because of the EDA plus there are some miners that are mining at at a loss.  When the miners jump off the chain, there it sometimes takes like 40 minutes for a block, so it effectively becomes much slower than Bitcoin.  

If there is another fork and there are 3 Bitcoin chains with 2 of them being more profitable, then BCH will die.  I don't see that scenario though, there are quite a few BCH fanatics so the coin should have higher value than SW2X which I don't think will have buyers unless exchanges trick people into buying them as Bitcoin.  

That being said they need to fix the EDA in BCH  because it's causing high inflation.  But if they fix the EDA, what miner is going to mine on this chain long term when it's not profitable?

Even assuming the above problems all work out for BCH, another major problem is it has no competent developers.  Bitcoin will be moving forward with Segwit adoption, Lightening Network, possible Mast, etc.  BCH innovation is going to be keep on increasing block size?  Grin
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