Bitcoin vs Bitcoin Cash

[BitcoinMarketer39]

So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:

Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000   

Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000   

On every count Bitcoin beats Bitcoin Cash so the question arises, what was the point of creating Bitcoin Cash? Apart from making very rich bitcoin holding people even more wealthier by creating Bitcoin Cash and adding to their portfolio it seems that there was no need for it. I hear about transactions fees and groups of devs so on being better at Bitcoin Cash but in all honestly what was the point?

Did all those advocating the demise of Bitcoin actually exchange all their BTC for BCH? I doubt it.

To me it seems Bitcoin was always going to come out on top of that battle so why did those whales pushing for the fork really do it and create Bitcoin Cash?

Bitcoin cash is just an altcoins and always remember that bitcoins is really expensive but the growth in the market is really good and you will surely earn a huge amount of profit from investing on it.

[JollyGood]

Yeah, that's fair. Trying to hijack the name is shady, and not to defend them, but I do believe that they believe they're being more true to the original vision of Satoshi than the current developers, so I think they believe themselves to be the true Bitcoin. It's like when religious sects split off and each side labels the other side as heretics for not being true believers. Looks like the same mentality here by both sides.

I hear you and understand what you say but a key thing was stated by Zhuoer in an interview that he and his pools were only mining Bitcoin and then exchanging them for Bitcoin Cash. There is hypocrisy in that process. It is all too shady as far as the domain goes and well, that is life.

[CrazyJoker]

the split that led to the appearance of Bitcoin Cash turned out to be productive, while its existence does not threaten bitcoin and does not require support from its supporters. Now the landscape presents both views: one network offers a small block size, and the other one is large. I hope that in the future we will not see any fighting, as both sides should understand that the opponent will not go anywhere. Exactly the same was with Ethereum and Ethereum classic

[thecodebear]

the split that led to the appearance of Bitcoin Cash turned out to be productive, while its existence does not threaten bitcoin and does not require support from its supporters. Now the landscape presents both views: one network offers a small block size, and the other one is large. I hope that in the future we will not see any fighting, as both sides should understand that the opponent will not go anywhere. Exactly the same was with Ethereum and Ethereum classic

The problem is that entire promotion of BCH is to fight Bitcoin. Those who vocally support BCH pretend it is the real Bitcoin and the real Bitcoin is some fake thing. In short, they are trying to con people into switching from Bitcoin to their altcoin. Until they stop this there will always be fighting (or until the LN makes BCH's attempts to hurt Bitcoin entirely irrelevant). If BCH people stopped being scammers and just represented their coin as on of the hundreds of alternatives to Bitcoin, instead of trying to trick people into thinking its the real Bitcoin then there would be no fighting. It's entirely on these BCH scammers. But these people also know BCH's entire value proposition revolves around stealing Bitcoin's name, otherwise there is no reason to invest in BCH over any of hundreds of other coins, so they will not stop lying, whining, scamming people, and attacking bitcoin because that is all they've got going for them.

[JollyGood]

The problem is that entire promotion of BCH is to fight Bitcoin. Those who vocally support BCH pretend it is the real Bitcoin and the real Bitcoin is some fake thing. In short, they are trying to con people into switching from Bitcoin to their altcoin. Until they stop this there will always be fighting (or until the LN makes BCH's attempts to hurt Bitcoin entirely irrelevant). If BCH people stopped being scammers and just represented their coin as on of the hundreds of alternatives to Bitcoin, instead of trying to trick people into thinking its the real Bitcoin then there would be no fighting. It's entirely on these BCH scammers. But these people also know BCH's entire value proposition revolves around stealing Bitcoin's name, otherwise there is no reason to invest in BCH over any of hundreds of other coins, so they will not stop lying, whining, scamming people, and attacking bitcoin because that is all they've got going for them.

True. The idea that Bitcoin Cash was created for reasons other than to fight Bitcoin and cause disruption are hard to believe. Ver threw his toys out of his pram and spat out his dummy when he realised he could not take control of bitcoin or plots its path in to the future no matter how many Bitcoins he and Zhuoer held.

What an excellent post from thecodebear

[thecodebear]

The problem is that entire promotion of BCH is to fight Bitcoin. Those who vocally support BCH pretend it is the real Bitcoin and the real Bitcoin is some fake thing. In short, they are trying to con people into switching from Bitcoin to their altcoin. Until they stop this there will always be fighting (or until the LN makes BCH's attempts to hurt Bitcoin entirely irrelevant). If BCH people stopped being scammers and just represented their coin as on of the hundreds of alternatives to Bitcoin, instead of trying to trick people into thinking its the real Bitcoin then there would be no fighting. It's entirely on these BCH scammers. But these people also know BCH's entire value proposition revolves around stealing Bitcoin's name, otherwise there is no reason to invest in BCH over any of hundreds of other coins, so they will not stop lying, whining, scamming people, and attacking bitcoin because that is all they've got going for them.

True. The idea that Bitcoin Cash was created for reasons other than to fight Bitcoin and cause disruption are hard to believe. Ver threw his toys out of his pram and spat out his dummy when he realised he could not take control of bitcoin or plots its path in to the future no matter how many Bitcoins he and Zhuoer held.

What an excellent post from thecodebear

Thanks so much! 

[Eros1on]

BCH currently exceeds BTC, but it does not mean that BTC will never exceed BTC. If BTC is in crisis, BCH will probably surpass it.

[PROdotBITCOIN]

I think that BTC will always remain the leader. Bitcoin Cash is not a competitor to bitcoin, because this coin has not achieved a strong respect among people.

[tranduc2101]

I do not think that BCH has many outstanding applications like BTC. Mostly, BCH is created not for any purpose. I will never give up my money to invest in the BCH

[hieuho381]

i personally don't like to use BCH because it is a hardfork coin of bitcoin, it is born to deal with problems that BTC is facing that's high fee and very slow in every transactions, despite BCH is born after BTC but most of investors still choose ETH instead because they are more popular than any altcoins, Of course BCH is still playing an important role in BTC rising, that's a tool to be used to pump and dump BTC in trading.

[jackky]

It was never going to come close to threatening BTC, it was a short term
solution to bitcoins high fees and slow transaction times. Its giing to fade
after segwit and lightning get fully deployed.

Agreed, it seems BCH will fail in the long term

I think so. Previously, I was very concerned about BCH, but when I found out, I did not see the function of BCH. So I decided not to invest in BCH. That's not a safe coin. That's my opinion

[ajiejot]

It was never going to come close to threatening BTC, it was a short term
solution to bitcoins high fees and slow transaction times. Its giing to fade
after segwit and lightning get fully deployed.

Agreed, it seems BCH will fail in the long term

Bitcoincash is the forked of Bitcoin. I believe that Bitcoin is still the best compare to bitcoincash. There are many people telling that Bitcoincash is much better compare to Bitcoin. I don't believe on that, I still go for Bitcoin for long term position, I really agree on that. Bitcoin is more powerful compare to Bitcoincash.

[JollyGood]

The Bitcoin block only holds 2 MB. The block of Bitcoin Cash contains 8 MB of information, which makes it more suitable and popular among the cryptocurrency. Therefore the Bitcoin Cash  is better

Exactly how did you conclude that? Just because of block size?

[maitexisi]

Bitcoin's previous incarnation was bitcoin. Before the split blocks that it stores data in a chain and operation of the software is compatible, and all the COINS node in the bifurcate that a moment later, it began to implement new code, packaging large blocks, form a new chain.

[JollyGood]

I do not think that BCH has many outstanding applications like BTC. Mostly, BCH is created not for any purpose. I will never give up my money to invest in the BCH

Many people think the same way. Bitcoin Cash was not created for any real purpose, well other than to try to satisfy the desires of some Bitcoin whales.

[Sithara007]

So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:

Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000   

Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000

OK... now compare that with the stats as of now:

Bitcoin
capital $161,122,090,712
price $9,467.05
circulating 17,019,250
volume last 24 hrs $7,023,800,000

Bitcoin Cash
capital $29,330,315,237
price $1,713.83
circulating 17,113,900
volume last 24 hrs $1,819,640,000

The BTC market cap went up by 36.5% in one month, while that of BCH went up by 160% during the same duration.

[lesmana]

I think that BTC will always remain the leader. Bitcoin Cash is not a competitor to bitcoin, because this coin has not achieved a strong respect among people.

yes, I agree with you Bitcoin quality is the best of other coins I think Bitcoin will remain the leader of other coins, I think it is very difficult Bch replace Bitcoin position because the price difference is very far.

[Ojodibanned]

So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:

Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000   

Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000   

On every count Bitcoin beats Bitcoin Cash so the question arises, what was the point of creating Bitcoin Cash? Apart from making very rich bitcoin holding people even more wealthier by creating Bitcoin Cash and adding to their portfolio it seems that there was no need for it. I hear about transactions fees and groups of devs so on being better at Bitcoin Cash but in all honestly what was the point?

Did all those advocating the demise of Bitcoin actually exchange all their BTC for BCH? I doubt it.

To me it seems Bitcoin was always going to come out on top of that battle so why did those whales pushing for the fork really do it and create Bitcoin Cash?

Bitcoin is the most powerful coin available in the Cryptocurrency market. so with the development of the market is so good with very strong Bitcoin. besides that with Bitcoin also continue to show the growing development. so it is so good to choose Bitcoin.

[Wayan_Pedjeng]

During the past few weeks, the BCH exchange rate has increased by as much as 200%. I was never a big fan of BCH and in the future also it may remain the same, but it is impossible to ignore such a huge spike.

[thecodebear]

During the past few weeks, the BCH exchange rate has increased by as much as 200%. I was never a big fan of BCH and in the future also it may remain the same, but it is impossible to ignore such a huge spike.

yeah it's really sad that such a scam coin is getting so much support. It deserves to be back at $300 considering the whole idea behind it is to just coast off the bitcoin name and try to trick people into buying it instead of bitcoin. It is a coin that has no future and was just made to make a few rich people even richer. Unfortunately people are falling right into their trap.