Bitcoin vs Bitcoin Cash

[a123canz999888]

I think that Bitcoin cash was not able to beat Bitcoins price even today. People were exchanging their Bitcoins to Bitcoin Cash at first and was actually hodling but some realized it was a trap and others are still hoping it would one day be worth more than Bitcoin.

[JollyGood]

I think that Bitcoin cash was not able to beat Bitcoins price even today. People were exchanging their Bitcoins to Bitcoin Cash at first and was actually hodling but some realized it was a trap and others are still hoping it would one day be worth more than Bitcoin.

I agree with you. No chance Bitcoin Cash will ever come close to Bitcoin.

[Ngewex Yuk]

The presence of bitcoin cash that has not been a year old makes the competition very interesting, it must be admitted that transactions with bitcoin cash are faster and cheaper than bitcoin, and I think bitcoin cash is a future coin.

[diguyo]

Bitcoin Cash was created on this idea that BTC wasn't progressing and that its community were halting the project and vision from fulfilling the potential that it should. However, BTC for me was never going to deliver what a lot of people expected - it's never going to replace traditional money. BTC serves as a token, or proof of concept for blockchain - this is what's most important here, the technology behind the coin. For that matter, a clone of BTC that's cheaper or faster doesn't really make a difference - it's still not going to be in a position to effect change in the world to your average person on the street. I've said it many times on here before, BTC isn't the be all and end all, blockchain is. BTC will not be around forever, and another project IMO will overthrow it. The biggest challenge for projects, is resisting theirs and their community's, interest in profit, and focussing on the important task at hand - improving the user experience, security, privacy and financial infrastructure...meaningful change and a genuine reason to exist.

[JollyGood]

Bitcoin Cash was created on this idea that BTC wasn't progressing and that its community were halting the project and vision from fulfilling the potential that it should. However, BTC for me was never going to deliver what a lot of people expected - it's never going to replace traditional money. BTC serves as a token, or proof of concept for blockchain - this is what's most important here, the technology behind the coin. For that matter, a clone of BTC that's cheaper or faster doesn't really make a difference - it's still not going to be in a position to effect change in the world to your average person on the street. I've said it many times on here before, BTC isn't the be all and end all, blockchain is. BTC will not be around forever, and another project IMO will overthrow it. The biggest challenge for projects, is resisting theirs and their community's, interest in profit, and focussing on the important task at hand - improving the user experience, security, privacy and financial infrastructure...meaningful change and a genuine reason to exist.

Bitcoin Cash will ever be implemented in more places than Bitcoin? Bitcoin Cash will be accepted by the majority of the community as a valid replacement for Bitcoin? On both counts a resounding "no" in my opinion.

[Dervish doff]

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?

I think it is very difficult for bitcoin coin to coincide with bitcoin, bitcoin is the king of all cryptocurency in the world, bitcoin its spirit cryptocurrency, any marketing pattern to compete and want to get rid of bitcoin become number two, I think it is impossible to do. and far from their expectations.

[Destroyeroff98]

The Chinese strongly wanted to create a cryptocurrency the same as Bitcoin. Although it is a fork of Bitcoin, but it is quite successful.

[JollyGood]

I think it is very difficult for bitcoin coin to coincide with bitcoin, bitcoin is the king of all cryptocurency in the world, bitcoin its spirit cryptocurrency, any marketing pattern to compete and want to get rid of bitcoin become number two, I think it is impossible to do. and far from their expectations.

From what I understood you are correct, Bitcoin will never become a number 2 to Bitcoin Cash and Bitcoin is king

[alisherusmonov89]

I trust bitcoin a lot more. But if you buy 10 bitcoin cash instead of 1 bitcoin, the profit will be more. But it seems to me that investing in bitcoin cash is much more dangerous than in bitcoin. In any case, you can divide the investment into two parts and see what happens.

[pejuang_mamak]

bitcoin with bitcoin cash in my opinion can not be compared because bitcoin cash is there to create something better than bitcoin or refinement of bitcoin but I prefer bitcoin because long process that has passed bitcoin proves it better

[JollyGood]

I trust bitcoin a lot more. But if you buy 10 bitcoin cash instead of 1 bitcoin, the profit will be more. But it seems to me that investing in bitcoin cash is much more dangerous than in bitcoin. In any case, you can divide the investment into two parts and see what happens.

If you look just to make a profit there are better alternatives to Bitcoin and Bitcoin Cash

[04antoxap]

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?

It is impossible to predict the future of a young coin. The founder of the website bitcoin.com allegedly sold all of its BTCs only for the transition to BCH.

[diguyo]

Bitcoin Cash was created on this idea that BTC wasn't progressing and that its community were halting the project and vision from fulfilling the potential that it should. However, BTC for me was never going to deliver what a lot of people expected - it's never going to replace traditional money. BTC serves as a token, or proof of concept for blockchain - this is what's most important here, the technology behind the coin. For that matter, a clone of BTC that's cheaper or faster doesn't really make a difference - it's still not going to be in a position to effect change in the world to your average person on the street. I've said it many times on here before, BTC isn't the be all and end all, blockchain is. BTC will not be around forever, and another project IMO will overthrow it. The biggest challenge for projects, is resisting theirs and their community's, interest in profit, and focussing on the important task at hand - improving the user experience, security, privacy and financial infrastructure...meaningful change and a genuine reason to exist.

Bitcoin Cash will ever be implemented in more places than Bitcoin? Bitcoin Cash will be accepted by the majority of the community as a valid replacement for Bitcoin? On both counts a resounding "no" in my opinion.

If the reply is intentional, I think you've misunderstood what I meant - neither of them are the future or will be around forever. Cash is just a clone with minor improvements, but realistically, neither of them solve real-life challenges and will make it to the mainstream day-to-day.

[JollyGood]

Bitcoin Cash was created on this idea that BTC wasn't progressing and that its community were halting the project and vision from fulfilling the potential that it should. However, BTC for me was never going to deliver what a lot of people expected - it's never going to replace traditional money. BTC serves as a token, or proof of concept for blockchain - this is what's most important here, the technology behind the coin. For that matter, a clone of BTC that's cheaper or faster doesn't really make a difference - it's still not going to be in a position to effect change in the world to your average person on the street. I've said it many times on here before, BTC isn't the be all and end all, blockchain is. BTC will not be around forever, and another project IMO will overthrow it. The biggest challenge for projects, is resisting theirs and their community's, interest in profit, and focussing on the important task at hand - improving the user experience, security, privacy and financial infrastructure...meaningful change and a genuine reason to exist.

Bitcoin Cash will ever be implemented in more places than Bitcoin? Bitcoin Cash will be accepted by the majority of the community as a valid replacement for Bitcoin? On both counts a resounding "no" in my opinion.

If the reply is intentional, I think you've misunderstood what I meant - neither of them are the future or will be around forever. Cash is just a clone with minor improvements, but realistically, neither of them solve real-life challenges and will make it to the mainstream day-to-day.

I understand now, you are correct I agree with you. Bitcoin Cash is a clone with a few add-ons (or upgrades). Adding on from what you wrote having lower tx fees and quick transaction times will solve the issues to make Bitcoin a daily payment tool and as far as I know lightening network has been used on several altcoins but not yet on Bitcoin because of the very real possibilities of hacks.

Once those issues are fixed I think everything with regards to Bitcoin will be looking better and that means the basis om which Bitcoin Cash was created becomes void.

Do you think with transactions taking seoconds to complete and with super low fees Bitcoin would be used daily as a regular payment and money transfer tool?

[JollyGood]

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.

 

No idea what you mean, write in plain simple English please

[panaevewan]

BitcoinCash is just a clone of Bitcoin but with faster and cheaper transtactions.

Like many other tokens. Bitcoin was the first, and of course it looks crude by comparison with others. But bitcoin has something that no one will ever take away from it. This is decentralization. He's totally hanging on to the people who use him. Other projects are afraid to start with this.

[Bit talk]

both are good coins and first place is BTC and second place is bitcoin cash but compare with BTC bitcoin cash is not much and BTC is ruler in crypto market

[jaysabi]

Bitcoin Cash was created on this idea that BTC wasn't progressing and that its community were halting the project and vision from fulfilling the potential that it should. However, BTC for me was never going to deliver what a lot of people expected - it's never going to replace traditional money. BTC serves as a token, or proof of concept for blockchain - this is what's most important here, the technology behind the coin. For that matter, a clone of BTC that's cheaper or faster doesn't really make a difference - it's still not going to be in a position to effect change in the world to your average person on the street. I've said it many times on here before, BTC isn't the be all and end all, blockchain is. BTC will not be around forever, and another project IMO will overthrow it. The biggest challenge for projects, is resisting theirs and their community's, interest in profit, and focussing on the important task at hand - improving the user experience, security, privacy and financial infrastructure...meaningful change and a genuine reason to exist.

Bitcoin Cash will ever be implemented in more places than Bitcoin? Bitcoin Cash will be accepted by the majority of the community as a valid replacement for Bitcoin? On both counts a resounding "no" in my opinion.

If the reply is intentional, I think you've misunderstood what I meant - neither of them are the future or will be around forever. Cash is just a clone with minor improvements, but realistically, neither of them solve real-life challenges and will make it to the mainstream day-to-day.

I understand now, you are correct I agree with you. Bitcoin Cash is a clone with a few add-ons (or upgrades). Adding on from what you wrote having lower tx fees and quick transaction times will solve the issues to make Bitcoin a daily payment tool and as far as I know lightening network has been used on several altcoins but not yet on Bitcoin because of the very real possibilities of hacks.

Once those issues are fixed I think everything with regards to Bitcoin will be looking better and that means the basis om which Bitcoin Cash was created becomes void.

Do you think with transactions taking seoconds to complete and with super low fees Bitcoin would be used daily as a regular payment and money transfer tool?

The basis for which it was created might become void, but that doesn't mean it goes away. At this point, BCH has value for the same reason BTC does. It has a very minimum amount of baseline utility and everyone just uses it to speculate and hope to get rich. That's the majority of the use of any altcoin at this point. If Lightning Network gets up and running and they iron out all the kinks and vulnerabilities, BTC and BCH I expect will continue on very much unchanged.

[JollyGood]

both are good coins and first place is BTC and second place is bitcoin cash but compare with BTC bitcoin cash is not much and BTC is ruler in crypto market

Most agree with your opinion

[Sagitta_A]

Whatever the disadvantages of BTH, over the past few weeks its exchange rate has increased by as much as 200%. Although BTC was and remains the king of the Crypto-currency, it is still possible to earn good money on its forks.