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Author Topic: If every bitcoiner owns bitcoin cash, why all the fuss?  (Read 273 times)
Paranuatu
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November 11, 2017, 05:26:43 PM
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Why does it matter if bitcoin cash over takes bitcoin, if everyone who owns bitcoin got free bitcoin cash coins? If bitcouin cash will be valued more, you will still have the money.

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November 11, 2017, 05:33:39 PM
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Why does it matter if bitcoin cash over takes bitcoin, if everyone who owns bitcoin got free bitcoin cash coins? If bitcouin cash will be valued more, you will still have the money.

Because it is a coin made by miners, for miners. It is under centralized control, rejects modern scaling methods that would undermine their control, and frankly can't scale adequately to go mainstream as a result. The last I heard of their great development plans it consisted purely of a willingness to bloat the blockchain as often as needed and literally nothing else, which will lead to just a handful of data centers replacing the current node network.

Do you really want Bitcoin Judas, Fake Satoshi and Jihan Wu as the effective dictators of your favorite cryptocurrency? (Or perhaps a Chinese government behind them?) The notion that Bitmain Cash represents a serious cryptocurrency much less a market leader is both ludicrous and alarming. If cryptocurrency users are going to be that naive then I wish you well but don't expect it will turn out that way. In the meantime I'll rally to litecoin or whatever is left of Satoshi's real vision for a free and decentralized cryptocurrency able to grow to serve humanity. Not miners, not governments, and not greedy or power-mad early adopters.

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November 11, 2017, 05:45:34 PM
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ebliever you spend to much time reading the reddit propaganda

maybe you should look at the bloat that gmax wants to throw into bitcoin that would use up 4mb of data but keep transactions at way under 7txps
(research: confidential payment commitments)

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November 11, 2017, 05:47:44 PM
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Only true if every bitcoiner just like you who only care only profit or/and have no idea what really happen. From technical side, they reject SegWit which can make transaction more efficient, raise block size a lot which make security/decentralization concern and if i'm right their long-term road-map isn't that good.
Also, i think it's risky to trust people who try monopoly mining hardware/hashrate, claim as Satoshi and there aren't many places which accept BCH.

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November 11, 2017, 05:48:47 PM
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ebliever you spend to much time reading the reddit propaganda

maybe you should look at the bloat that gmax wants to throw into bitcoin that would use up 4mb of data but keep transactions at way under 7txps
(research: confidential payment commitments)

Unbelievable. This lady says someone spends too much time doing something. Lol

Just play with your big blocks and centralized mining that will censor you. You're a statist who cries about racism and Fox News. That's all we need to know snowflake.



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jekjekman
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November 11, 2017, 05:58:08 PM
 #6

Why does it matter if bitcoin cash over takes bitcoin, if everyone who owns bitcoin got free bitcoin cash coins? If bitcouin cash will be valued more, you will still have the money.

Not all though as the new comers and and newly investor of Bitcoin(original) don't have the right or chances to get anymore of Bitcoin Cash so not all people is okay with that. Bitcoin Cash is not Bitcoin and will not ever be because it is a product of a Fork and it will be forever considered as Altcoin and copy cat.

Let the hype comes in and go for the mean time though and don't stress out too much with this as it so unpredictable, everything can happens in the future maybe Ethereum will be the number 1 cryptocurrency next year, who knows.
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November 11, 2017, 11:02:49 PM
 #7

-People who bought in unusually late (after August 1st) do not own Bitcoin Cash.
-Some people decided to sell or otherwise use their Bitcoin Cash.

Why does it matter if bitcoin cash over takes bitcoin, if everyone who owns bitcoin got free bitcoin cash coins? If bitcouin cash will be valued more, you will still have the money.

It is under centralized control
This is false.  Whether or not you believe that max block size increases could potentially lead to centralised control is irrelevant.

Bitcoin Cash's blockchain is actually smaller than Bitcoin's, because it has processed drastically fewer transactions than Bitcoin since the time of the fork.  The notion that it's under "centralised control" is ridiculous.  The closest thing you could suggest is that a select group of individuals have a lot of power over most people deciding to use it.
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November 11, 2017, 11:05:02 PM
 #8

Why does it matter if bitcoin cash over takes bitcoin, if everyone who owns bitcoin got free bitcoin cash coins? If bitcouin cash will be valued more, you will still have the money.

unfortunately a lot of people were fooled into dumping their bitcoin cash.  They should buy it back  now, even at a loss.  Better to hedge than risk major losses.

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November 11, 2017, 11:15:20 PM
 #9

Bitcoin cash is created by a hard fork and it would not be able to replace bitcoin.The people who created BCH were not trust worthy.Promoting BCH is not good for bitcoin progress.They just want to snatch the crown from bitcoin.If they succeed in it,then bitcoin would get completely centralized and they would start doing changes whatever they wish.BCH is a creation of bitcoin antichrist Roger ver.

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November 11, 2017, 11:20:57 PM
 #10

Why does it matter if bitcoin cash over takes bitcoin, if everyone who owns bitcoin got free bitcoin cash coins? If bitcouin cash will be valued more, you will still have the money.

Why does it matter? Because we care, we don't want these alternative coin to best out bitcoin because bitcoin is the original and not BCH. We don't want those people behind the currency besides they are attracting miners which is their goal the reason the demand is going up now, not only that, those big shots are backing it so obviously it will be pumping up.



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November 11, 2017, 11:24:04 PM
 #11

a lot of scam behind bitcoin cash so far. r. ver just trying to manipulate the market.he will not succeed
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November 11, 2017, 11:28:54 PM
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Obviously some of the hardcore bitcoin supporters have dumped their bitcoincash bag in the beginning.
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