Bitcoin Won BTC Cash battle?

[shamzblueworld]

So it appears bitcoin has won against its strongest nemesis as of yet, and quite convincingly too. Bitcoin Cash going back towards under $1000 whereas bitcoin reaching new heights surpassing 8K.
What do you think this means? And what actually triggered it?

[Snaic]

Despite the fact that the original bitcoin again recovered in its former high cost, and bitcoin cash dropped to less than $ 1000, I think that the main battle between them is yet to come. Bitcoin has not yet solved his problem with low transaction bandwidth. While bitcoin cash does not have such a problem. The original bitcoin still enjoys its popularity and holds for as long as inertia. However, if his problems are not resolved, it will end badly for him.

[Beerwizzard]

Imho it was not the battle but the attack so Bitcoin survived it and proved its resilience. To make a real battle BCH should have at least some real value. The thing that happened was more likely a scam attempt. Hopefully not many people bought BCH when it was over 1.5$k
By the way the story is still far from the end and BCH is still 998$ for now so it makes me think that we can expect some more attacks later.

[piloder]

Watch bitcoin cash going back to below $500 and bitcoin to over $10k, both miners and investors have jumped back from bitcoin cash to bitcoin now and there is nothing that can stop bitcoin from reaching most waited $10k milestone.

[HasHe]

Yes,it seems that bitcoin has almost won the battle against BCH.But it seems that Roger ver and his team are still struggling to avoid the humiliating defeat against bitcoin.That's why,they are still pumping it to stand at the price of $1,000.But at the same time,bitcoin price has much progressed and reached $7,908.But still,the final knock out has not been given to BCH and we would have to wait for some more time to taste the victory.

[Wind_FURY]

OP, it was a pump and dump to make us think that Bitcoin will fail without the hard fork to Segwit2x/btc1. The big blockers are always around to spread their propaganda, manipulate the market and flood the mempool.

Do not let them take advantage of you.

[CodyAlfaridzi]

So it appears bitcoin has won against its strongest nemesis as of yet, and quite convincingly too. Bitcoin Cash going back towards under $1000 whereas bitcoin reaching new heights surpassing 8K.
What do you think this means? And what actually triggered it?

Yes, this victory is quite expected though. I mean we've been there before a lot of times before — XT, classic, Unlimited. All of them backed by the same person. Is it surprising that we won once again this time? Not at all. Bitcoin will forever be Bitcoin.

What triggered it? Nothing I guess. Segwit2X isn't even an equal contender for BTC. Even something like Ethereum couldn't keep up with Bitcoin. To be honest, Ethereum is great technology. It has a lot of potentials, besides all the ICO that is currently happening. Now, what Segwit2X actually had besides bigger blocksize + segwit? There are a lot of altcoin with much bigger blocksize already. What we need isn't a fork, but a solution. Perhaps LN or something else could fix this.

I guess now we are ready and good to go beyond $10K, perhaps?

[kimamaxgreen]

Thursday, Bitcoin Cash (BCH) price has dipped below the important psychological level of $1,000 - the value of one coin has fallen as low as $993. This follows a hectic weekend, during which the cryptocurrency has experienced a meteoric rise to its all-time high of $2,477, coupled with Bitcoin (BTC) temporarily dipping below $6,000.

[kueyen]

Bitcoin has definitely won. Bitcoin is still as strong as ever while cash has gone all the way down. Further than the dip, the actual problem is that people don't trust cash anymore, so that's what will ultimately be the end of cash.

[relentless1]

Bcash will keep trying but BTC has probably won the battle for now. The whole problem was down to scaling. Bcash wanted bigger blocks, BTC said it was not scaleable long term.

I saw a great analogy:

Thin of a clogged up highway and approaches.

BCash = Lets make the road wider and bigger
Pros - more transactions
Con - you will need bigger machinery, it will grow to unmanageable blocks
You just can't keep increasing size infinitely.

BTC = Off chain transactions
Pros - Transactions are done on the side, kinda like getting people to ride bikes, motorcycles, underground train
Con - Slow to implement

Scaling smarter is best instead of the short term win of larger blocks.

[Mr.Smithers]

So it appears bitcoin has won against its strongest nemesis as of yet, and quite convincingly too. Bitcoin Cash going back towards under $1000 whereas bitcoin reaching new heights surpassing 8K.
What do you think this means? And what actually triggered it?

Yes it won, it is reflected both in the price and in the transaction fee which is back to more acceptable levels

[Thappere78]

for now it is won but bitcoin need to solve block size problem

[wndrbr3d]

BitCoin Cash is just a rubbish! Whales pumped it and usual people bought it of course, then whales sold bcash and fixed their income. Game is over. Roger Ver won.

[TangentC]

So it appears bitcoin has won against its strongest nemesis as of yet, and quite convincingly too.
Bitcoin Cash going back towards under $1000 whereas bitcoin reaching new heights surpassing 8K.
What do you think this means? And what actually triggered it?

Sorry to burst your bubble,

Core shills can claim victory all they want , but the Fact is :  

The War is Not Over until one of the chains is Completely Dead!  

So the Battle Continues ................

[Bittoshi]

People trust more in Bitcoin than in Bitcoin Cash but Bitcoin Cash has the higher block size, thus the fewer fees and faster transactions. If the Bitcoin Cash team continues to develop new features and Bitcoin stays as it is, more and more people will switch to Bitcoin Cash over time. It's a matter of trust.

[TagaMungkahi]

Nope. The battle is still on going and it will never stop until BCH's price touch below $1, this is not going to stop easily, "one must die and one must survive" is the type of battle between BTC and BCH. From the people backing up BCH for a million of dollars, letting the battle stop and just surrender is not an option.

[vasrasus]

Nope. The battle is still on going and it will never stop until BCH's price touch below $1, this is not going to stop easily, "one must die and one must survive" is the type of battle between BTC and BCH. From the people backing up BCH for a million of dollars, letting the battle stop and just surrender is not an option.

There's no need to make bch die, bch can be like in other alts it can be considered as crypto and yet can still have value, we should just know that btc now is incomparable among alts or crypto since it already proves itself

[Herbert2020]

this was not the battle in my opinion! the battle was back in August 1st when bitcoin cash failed to gain any kind of support from anyone and a small group of people including some miners went through with this useless fork disregarding consensus and everything else!

what happened in the past week, was just a simple pump and dump attempt to make some money. nobody including the miners have no faith in bitcoin cash but they keep pump and dumping it to make profit from its lower difficulty to make a lot of money in short time.

[TheUltraElite]

Nope. The battle is still on going and it will never stop until BCH's price touch below $1, this is not going to stop easily, "one must die and one must survive" is the type of battle between BTC and BCH. From the people backing up BCH for a million of dollars, letting the battle stop and just surrender is not an option.

That will not happen at all. You see there are people specially FUD spreaders and FUD acceptors who think BCH is the real bitcoin and thus will pump it as and when they desire. They are doing this for their own profit and not for the community. In all probability BCH is just an altcoin which has no future and a fake dev team who have made false claims before and thus are not credible for their work.

There's no need to make bch die, bch can be like in other alts it can be considered as crypto and yet can still have value, we should just know that btc now is incomparable among alts or crypto since it already proves itself

I guess as long as BCH remains a profitable coin the traders dont actually care for it. For them all that matters is the profit that they can make of the coin.
Also why do you compare BTC to Alts? BTC is the first of all crypto and any coin after that is an Alt to bitcoin.

[ardhigalau]

BitCoin Cash is just a rubbish! Whales pumped it and usual people bought it of course, then whales sold bcash and fixed their income. Game is over. Roger Ver won.

Haha  the whales always won, they know when to start and when to stop. We as small players better do not be reckless, still pay attention to all the news but do not be affected by it.