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Author Topic: If anyone "replaces" BTC it should be Raiblocks not Bitcoin Cash  (Read 589 times)
burnedbyfees (OP)
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January 03, 2018, 08:51:42 AM
 #1

To start I should say I don't think any coin can or should replace Bitcoin as the most dominant coin. Bitcoin started it all and we all trade and measure our portfolios in BTC. It has the recognition of casual investors and when the Lightning Network goes live the problem of moving it will be mostly solved.

However, if it were to be replaced, Bitcoin Cash is a pretty shit candidate. It offers nothing new. The only reason any of us pay it any mind at all is because it has "Bitcoin" in the name. If it were not for this, we'd all be scratching our heads trying to figure out why it's worth nearly $3000 (something which I don't think will last over the coming years, people will wake up and realise how unremarkable it is). It's value is almost entirely based on a few, very rich people pumping and manipulating it, something that could stop when they get bored and realise they've thrown enough money away on it.

If any coin should "replace" Bitcoin - it should be a coin that's its own thing. Coins that bring new features to the table. Apart from the obvious big candidates that are more useful than Bitcoin and BCH (Eth, Dash etc) there's coins which really could be far more-suitable for mainstream use.

Chief among them I think is Raiblocks. Despite being traded on very shitty exchanges (which it melted  Cheesy ) it's managed to become a top 20 coin. The main reason is no-fee transactions and low CPU-power footprint.

From the FAQ:

WHAT IS RAIBLOCKS?

RaiBlocks is a trustless, low-latency cryptocurrency that utilizes a novel block-lattice architecture, where each account has its own blockchain and achieves consensus via delegated Proof of Stake voting.

Offers feeless, instantaneous transactions, as well as unlimited scalability, making RaiBlocks ideal for peer-to-peer transactions.

The network requires minimal resources, no high-power mining hardware, and can process high transaction throughput.

To date, the RaiBlocks network has processed over four million transactions with an unpruned ledger size of only 1.7GB.



So rather than the big blocks vs lightning network war, Raiblocks is good tech that solves all of the problems related to sending or withdrawing cryptocurrencies from exchanges (despite recent problems related to a malfunctioning node). And while it's not exactly a low-maximum-supply coin, its supply of 133,248,290 XRB is low enough for it to act as a store of value. If it were listed on decent exchanges (Binance coming soon?) and if you could trade other currencies with it, I could see people doing all of their trading in Raiblocks. If for no other reason that it will be free to move around.

There are also other far better candidates than BCH. An outsider like Phore could also shake things up, especially when their marketplace (currently in closed beta) goes live. Marketplaces drove the early gains of BTC and Dash. With atomic swaps and smart contracts coming soon it could be an all-in-one coin which continues to shake things up (recent 10x growth).

Tl;dr:

Basically there's hundreds of better "Bitcoin replacement" coins than Bitcoin Cash, many of which actually bring something new to the table, so Roger Ver can suck it.

matsusomoto
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January 03, 2018, 08:53:52 AM
 #2

I would still choose XRB over BCash you are right the price of Roger Ver's shitcoin is too high many people got fooled with his manipulations,Anything can replace BTC except BCash!

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January 03, 2018, 08:56:18 AM
 #3

You early bite Bitcoin. In the near future will make a number of changes in its code and everything will fly! Bitcoin was, is and will be a long time crypto currency number 1!
burnedbyfees (OP)
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January 03, 2018, 09:00:37 AM
 #4

You early bite Bitcoin. In the near future will make a number of changes in its code and everything will fly! Bitcoin was, is and will be a long time crypto currency number 1!

I also want Bitcoin to remain #1 , it's just that if I had to pick a replacement it would be Raiblocks not Bitcoin Cash.

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January 03, 2018, 09:02:10 AM
 #5

bitcoin must be replaced by other coins, i dont know what the real value of bitcoin has, as its mainnet is so slow and cant be used to real world, it cost so much energy but do nothing help, why should we support bitcoin

burnedbyfees (OP)
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January 03, 2018, 09:14:29 AM
 #6

bitcoin must be replaced by other coins, i dont know what the real value of bitcoin has, as its mainnet is so slow and cant be used to real world, it cost so much energy but do nothing help, why should we support bitcoin

I can think of several good reasons, mainly:

1) Bitcoin is the crypto reserve currency, without a reliable reserve we can't tell if our trading is going well. Sure we can measure against fiat, but fiat is easily left behind by cryptos. It would make trading well near-impossible if the most dominant coin keeps changing. I make my living from trading and you need us to support new currencies and provide support levels during dips.

2) Bitcoin is cryptos flag bearer, if anything bad happens to it, it will effect all coins. No-one new to crypto is going to put money in if their coin can be forked and replaced by "Bitcoin version 2" leaving "Bitcoin version 1" a lot less valuable as a result. Not everyone checks charts daily, they just want to buy 0.5 BTC and leave it gaining value.

bizul
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January 03, 2018, 09:31:43 AM
 #7

All the coins your mentions are not anonymous. When regulations and taxes fall down on you, the bite will be painful.
The public must pay more attention. Ripple is heavily centralized and controlled. Just because it is adopted as a payment method by banks, doesn't mean it is superior.
If a coin is not open-source, anonymous, with public transactions and is truly decentralized, it will eventually fall down as soon as regulations make a move that owners don't like.
We need to increase our awareness and act fast because people are being deceived by controlled coins.

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January 03, 2018, 09:38:25 AM
 #8

Bcash is a worthless piece of shit,XRB has a lot more to offer and has better technology than the BCash.

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burnedbyfees (OP)
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January 03, 2018, 09:39:15 AM
 #9

All the coins your mentions are not anonymous. When regulations and taxes fall down on you, the bite will be painful.
The public must pay more attention. Ripple is heavily centralized and controlled. Just because it is adopted as a payment method by banks, doesn't mean it is superior.
If a coin is not open-source, anonymous, with public transactions and is truly decentralized, it will eventually fall down as soon as regulations make a move that owners don't like.
We need to increase our awareness and act fast because people are being deceived by controlled coins.

I've only mentioned 2 and 1 of them (Phore) is a privacy coin.

Also, XRB is not Ripple, Ripple is XRP, no-one said anything about Ripple, please read carefully before responding.

burnedbyfees (OP)
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January 03, 2018, 09:47:49 AM
 #10

Bcash is a worthless piece of shit,XRB has a lot more to offer and has better technology than the BCash.

I'm glad I'm not the only one who sees Bcash for the unremarkable shitcoin it is. Take "Bitcoin" out of it's name and it's a nothing shitcoin. I predict a huge crash for it in the future. The people propping it up (Roger Ver and friends) have been known to get bored and move on when their predictions didn't pan out.

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January 03, 2018, 09:54:18 AM
 #11

Bcash is a worthless piece of shit,XRB has a lot more to offer and has better technology than the BCash.

I'm glad I'm not the only one who sees Bcash for the unremarkable shitcoin it is. Take "Bitcoin" out of it's name and it's a nothing shitcoin. I predict a huge crash for it in the future. The people propping it up (Roger Ver and friends) have been known to get bored and move on when their predictions didn't pan out.

BCash is an awful project, and the people behind are even more aweful. But I don´t think it will fail that easily. Ver and his minions have too much money!
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January 03, 2018, 09:58:06 AM
 #12

I never thought that Bitcoin Cash would replace BTC, because Bitcoin Cash is just a combination of miners, most of which are concentrated in the hands of a few, so how could there be a future?

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burnedbyfees (OP)
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January 03, 2018, 10:05:08 AM
 #13

Bcash is a worthless piece of shit,XRB has a lot more to offer and has better technology than the BCash.

I'm glad I'm not the only one who sees Bcash for the unremarkable shitcoin it is. Take "Bitcoin" out of it's name and it's a nothing shitcoin. I predict a huge crash for it in the future. The people propping it up (Roger Ver and friends) have been known to get bored and move on when their predictions didn't pan out.

BCash is an awful project, and the people behind are even more aweful. But I don´t think it will fail that easily. Ver and his minions have too much money!

Sure they have a tonne of money, but I don't think they have enough to keep wasting it trying to pump an unpopular coin. When Ver sells up (though that guy knows how to hodl I'll give him that) or even when they stop trying to pump, I can see it going back under 1k and even less when the Lightning Network is out.

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January 03, 2018, 10:28:18 AM
 #14

Bcash is a worthless piece of shit,XRB has a lot more to offer and has better technology than the BCash.
At least just know the truth about XRB has zero transaction fees and that much better rather than bitcoin shit cash that created by ver and jihan. DAG system should become the future, but that included on non based blockchain project which use alternative way. Bitcoin cash just another shit with no usefulness.

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January 03, 2018, 11:26:03 AM
 #15

Times without number we are faced with several coins trying to replace bitcoin but unfortunately, they are oly living in their own imagination because the fight is being shared by the already established coins and even the ones that will be launched today or tomorrow and this in fighting will only continue to establish the continued dominance of bitcoin. However, each coin should only focus on its own market promote it and hopefully achieve its own objective rather than setting out with the primary purpose of dislodging bitcoin.
burnedbyfees (OP)
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January 03, 2018, 11:55:18 AM
 #16

Phore - the 2nd coin I mentioned - just got a shout out in the Huffington Post.

https://www.huffingtonpost.com/entry/the-top-5-crypto-projects-to-watch-in-2018_us_5a4c6a77e4b06cd2bd03e359

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January 03, 2018, 12:17:54 PM
 #17

I like Raiblocks due to it's tech and team, but I suppose that the main competitor to BTC is Cardano, not XRB. But who knows, maybe I'm wrong Smiley I have both of them so it would be great to see their growth anyway.

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January 04, 2018, 09:54:52 AM
 #18

Is there a coin that can beat nowadays with bitcoin? I don't think any coin can make it pass on bitcoin with its current performance. I also haven't heard about this Railblocks thing. Actually this is my frst time to encounter such a name. Basing on some reading here I learned that it is a trustless Cryptocurrency. So why is it a question that, will Railblocks replace BTC. There are a lot better coin that is much further better than Railblocks I believe. One is Ethereum which is really gaining the trust of users and gaining its worth. Railblocks is out of the choices.
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January 04, 2018, 05:32:10 PM
 #19

You early bite Bitcoin. In the near future will make a number of changes in its code and everything will fly! Bitcoin was, is and will be a long time crypto currency number 1!
This is incorrect unfortunately... By design Bitcoin will always depend on miners that need to be paid, fees will always be required to prioritize transactions, while the inflation will stop at 21 millions BTC, no one knows what will happen at that time because miners need to be paid - a lot.

We need RaiBlocks Blockchain for a mass adoption currency: ZERO transaction fees, ZERO inflation, Instant transactions, UNLIMITED scalability...
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January 04, 2018, 05:40:12 PM
 #20

XRB maybe new to us but it has more potential than Bcash who claims to be the real bitcoin.

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