So why is bitcoin cash a shitcoin?

[borgx]

So many times on the web, i have seen people claiming bitcoin cash is a shitcoin.
Yet its a coin of the BTC team itself. Its a followup, with good developments incoming, and it carries the bitcoin name.

Note that while there are other alternatives that sure- are better then bitcoin cash.... They do not have the popularity. And this is important, because this attracts stores to start accepting it.
Furthermore alot of investors switched to bitcoin cash.

So what makes this a shit coin?
Are these people just spitting out garbage purely in hopes people will invest more into BTC again? or....?

[Kakkles]

I wish people would sell their btc and buy bitcoin cash to lower the price of bitcoin so I can acquire more.

[mrdrumspin]

the fact that it is so easily manipulated and rumors of insider trading makes BCH risky although it really outshines BTC in transaction speed and fees. I dont like BTC as such but BCH looks really shady. not that you cant make money on it tho.

[vectisitch]

every coin that comes out is labeled a shitcoin. thats because you have supporters of rival coins who don't want the new coin to impact their investment. any coin can be l;ooked at as a shitcoin depending on what you ther individual wants. same goes for any coin can be labeled the next best thing,again depends on your slant on it. so your best researching and making your own mind up. don't listen to fud and decide on that alone. do your research

[NeuroticFish]

So many times on the web, i have seen people claiming bitcoin cash is a shitcoin.
Yet its a coin of the BTC team itself. Its a followup, with good developments incoming, and it carries the bitcoin name.

Note that while there are other alternatives that sure- are better then bitcoin cash.... They do not have the popularity. And this is important, because this attracts stores to start accepting it.
Furthermore alot of investors switched to bitcoin cash.

So what makes this a shit coin?
Are these people just spitting out garbage purely in hopes people will invest more into BTC again? or....?

Bcash is imho a shitcoin because it doesn't really bring anything new.
By your definition if I'd make a clone or fork of Bitcoin and name it Bitcoin Mickey Mouse it wold be a great coin because it has bitcoin in its name and inherits some good code. Ah, and I have to pay here and there to create hype.

Sorry, imho a good coin has to do more, it has to bring something new, offer something interesting on the new platform.

[borgx]

So many times on the web, i have seen people claiming bitcoin cash is a shitcoin.
Yet its a coin of the BTC team itself. Its a followup, with good developments incoming, and it carries the bitcoin name.

Note that while there are other alternatives that sure- are better then bitcoin cash.... They do not have the popularity. And this is important, because this attracts stores to start accepting it.
Furthermore alot of investors switched to bitcoin cash.

So what makes this a shit coin?
Are these people just spitting out garbage purely in hopes people will invest more into BTC again? or....?

Bcash is imho a shitcoin because it doesn't really bring anything new.
By your definition if I'd make a clone or fork of Bitcoin and name it Bitcoin Mickey Mouse it wold be a great coin because it has bitcoin in its name and inherits some good code. Ah, and I have to pay here and there to create hype.

Sorry, imho a good coin has to do more, it has to bring something new, offer something interesting on the new platform.

You are not part of the original dev team though where bch does have the team of btc behind it.
So its not just a clone- its a new project of the same people.

[Ayers]

the real shitcoin is bitcoin gold, not cash, cash is a good fork for me, it's also used by big chinese pool for selling their equipment, you must pay in bitcoin cash, so it has a meaning to exist unlike shitcoin bitcoin gold lol

[Sniar]

Bcash is imho a shitcoin because it doesn't really bring anything new.
By your definition if I'd make a clone or fork of Bitcoin and name it Bitcoin Mickey Mouse it wold be a great coin because it has bitcoin in its name and inherits some good code. Ah, and I have to pay here and there to create hype.

Sorry, imho a good coin has to do more, it has to bring something new, offer something interesting on the new platform.

It's true, today lot of people are using a well known names to throw some unnecessary or even nasty things to the market. A new coin should bring new ideas or develop the old ones to be useful.

[thejaytiesto]

So many times on the web, i have seen people claiming bitcoin cash is a shitcoin.
Yet its a coin of the BTC team itself. Its a followup, with good developments incoming, and it carries the bitcoin name.

Note that while there are other alternatives that sure- are better then bitcoin cash.... They do not have the popularity. And this is important, because this attracts stores to start accepting it.
Furthermore alot of investors switched to bitcoin cash.

So what makes this a shit coin?
Are these people just spitting out garbage purely in hopes people will invest more into BTC again? or....?

Bcash is imho a shitcoin because it doesn't really bring anything new.
By your definition if I'd make a clone or fork of Bitcoin and name it Bitcoin Mickey Mouse it wold be a great coin because it has bitcoin in its name and inherits some good code. Ah, and I have to pay here and there to create hype.

Sorry, imho a good coin has to do more, it has to bring something new, offer something interesting on the new platform.

BCash has a role: to pursue the "onchain scaling roadmap" and also do it without segwit, which is criticized as some people as a "disaster waiting to happen".

Compared to other forks, BCash is an hostile one since it competes for the same cake (sha256 hashrate) and im not sure if the game theory in here would allow both to survive long term, and also just claims to "be the real bitcoin". You don't need to be genius to know it isn't tho, it's a different network, different consensus rules and a different blockchain, therefore not real bitcoin.

We'll see what happens. Have a bag of it just in case, Ver and co will keep pumping it on every difficulty readjustment on BTC + bribing mainstream news to pump it could bring nice profits.

[cryptopussies]

So many times on the web, i have seen people claiming bitcoin cash is a shitcoin.
Yet its a coin of the BTC team itself. Its a followup, with good developments incoming, and it carries the bitcoin name.

Note that while there are other alternatives that sure- are better then bitcoin cash.... They do not have the popularity. And this is important, because this attracts stores to start accepting it.
Furthermore alot of investors switched to bitcoin cash.

So what makes this a shit coin?
Are these people just spitting out garbage purely in hopes people will invest more into BTC again? or....?

Maybe most of people knows roger ver and his bcash team is manipulating the market well,they knew about the pumps and dumps of the founder's team its a well crafted scam for others this is why i chose to stay away from it and stick with the real BTC.

[toddfw2003]

all coins are shit coins.  There is nothing backing them.  The only reason they rise is because people buy them

[samudi41993]

i think bitcoin cash is in its development phase. at the end we can tell is it a shit coin or not. but as its is from the developer of bitcoin's, i think it will be a good one for the future.

[Mister1k]

the real shitcoin is bitcoin gold, not cash, cash is a good fork for me, it's also used by big chinese pool for selling their equipment, you must pay in bitcoin cash, so it has a meaning to exist unlike shitcoin bitcoin gold lol

Both are not been consider to good currency. We all knows that BCH has potential but it troubles the bitcoin price and miners who is mining bitcoins also moves to BCH side. Last month end also BCH affects the bitcoins price.
We may expect the more bumps once the value of BCH has been settled. Since it is splittes there is no wallet given the reward as they mentioned. That is also a trouble for me in Coinbase.

[borgx]

all coins are shit coins.  There is nothing backing them.  The only reason they rise is because people buy them

haha, true! But its future material and one of them will become mainstream some day!

[Psynthax]

So many times on the web, i have seen people claiming bitcoin cash is a shitcoin.
Yet its a coin of the BTC team itself. Its a followup, with good developments incoming, and it carries the bitcoin name.

Note that while there are other alternatives that sure- are better then bitcoin cash.... They do not have the popularity. And this is important, because this attracts stores to start accepting it.
Furthermore alot of investors switched to bitcoin cash.

So what makes this a shit coin?
Are these people just spitting out garbage purely in hopes people will invest more into BTC again? or....?

So many bitcoin fudders in there that spread bullshit anytime. that garbage coin has driven by a lot of politicians just like roger, jihan and another. As you can see how they are all trying to do a lot of efforts to destroy the bitcoin and replace it with garbage cash coin.

[illnino]

So many times on the web, i have seen people claiming bitcoin cash is a shitcoin.
Yet its a coin of the BTC team itself. Its a followup, with good developments incoming, and it carries the bitcoin name.

Note that while there are other alternatives that sure- are better then bitcoin cash.... They do not have the popularity. And this is important, because this attracts stores to start accepting it.
Furthermore alot of investors switched to bitcoin cash.

So what makes this a shit coin?
Are these people just spitting out garbage purely in hopes people will invest more into BTC again? or....?

The only lack of Bitcoin Cash is overcoming rates of growth. Telling the truth this is the problem of Bitcoin also. After high rise it falling away provoking panic of the users. We are seeing this now.

[cryptocue]

All alts are being called shitcoins,i agreed roger ver is just using his coin BCash to get more BTC,they are manipulating the price of his coin for his sake.

[yunuzov]

Well i'm also having hard time to understand people who keep talking only bad things about bitcoin cash. Bitcoin cash one way or another managed to stay on the markets while most of the community claimed it will vanish. It is also 3rd coin with the most market cap. I am sure even the people who talks bad about bitcoin cash are making transactions .

[BitcoinHodler]

it comes from a long and endless discussion about scaling bitcoin.

and here is the problem: in order to scale bitcoin and be able to handle a large number of transactions (real large not just 3 transaction per second or 5 or 10 tps) you can not do it with only increasing the block size.

what bitcoin cash is based on, is that scaling must be on chain and you should increase the block size in order to achieve that. well this may sound ok to you  right now but what if 8 MB blocks become full? increase again? right now it can handle about 20 tps. it is nowhere near enough. and you can not keep increasing the block size. there are a lot of issues caused by that.

to do something about scaling you need to do something else. something like a decentralized and trustless second layer solution. Lightning Network seems to be doing that as far as i can tell. and it has the potential to scale bitcoin to a lot more than 20 tps, 100 tps, 10000 tps!

now the issue with bitcoin and bitcoin cash is that bitcoin needed a scaling solution FAST about 6 months ago but we could implement a SLOW scaling solution called SegWit which needs to be adopted to solve the issue for now until the LN is ready. but BCH did the FAST implementation and increased the block size and also it never had that many transactions to want a serious solution.
this is why people think BCH is better than bitcoin sometimes. but the fact is, as i explained above, the block size increase was a temporary band-aid which will fail soon if the number of transactions on BCH increases.

[cryptonoob312]

I don't think that it's a shitcoin. There are more than 1000 cryptocurrencies in the world. Those that are in top-50 list by market capitalization are decent coins for me. Others can be called shitcoins. Bitcoin Cash is in top-10 crypto as I know, so it's a decent coin.