avisipa
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August 06, 2018, 08:18:27 AM |
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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?
Innovation, competition, anything that keeps the crypto market alive and growing bigger to provide more benefits. And the answer is simple, if you already have a golden hill, you will want another hill. And crypto and greed are two things that may not be separated. |
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thanh2302
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August 06, 2018, 08:40:10 AM |
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I chose bitcoincash because it is a detached coin from bitcoin. Bitcoincash is cheaper than bitcoin, and transaction costs are much cheaper than bitcoin. Bitcoincash's transaction
speed is also stable.
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Camus
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August 06, 2018, 02:36:42 PM |
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I chose bitcoincash because it is a detached coin from bitcoin. Bitcoincash is cheaper than bitcoin, and transaction costs are much cheaper than bitcoin. Bitcoincash's transaction
speed is also stable.
I certainly read the theory that Bitcoin Cash can change Bitcoin one day, but for me it's just some utopian thoughts. Do you not think so? |
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JollyGood (OP)
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August 06, 2018, 03:47:58 PM |
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Bitcoin is king, simple.
Bitcoin Cash is Wu and Ver therefore can never be king, simple
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Deku
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August 06, 2018, 04:26:46 PM |
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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?
From a technical perspective, Bitcoin Cash is a continuation of the Bitcoin project which aims to build a P2P digital currency. Bitcoin Cash separates itself from the Bitcoin blockchain ledger to implement consensus rules that allow this new technology to grow and scale. Although the market price of Bitcoin has increased, however, its growth and use as a currency have stagnated. on this basis Bitcoin Cash created. But I think both are good coins and have their own advantages and disadvantages. But if you have to choose a long-term investment, I suggest you buy BTC because bitcoin is a coin that is in great demand by many investors so the potential for the future is very good. If you choose BCH, this is also not a bad choice because Bitcoin Cash is a very good altcoin for the future. |
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premiumproductss
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August 06, 2018, 04:29:08 PM |
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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?
From a technical perspective, Bitcoin Cash is a continuation of the Bitcoin project which aims to build a P2P digital currency. Bitcoin Cash separates itself from the Bitcoin blockchain ledger to implement consensus rules that allow this new technology to grow and scale. Although the market price of Bitcoin has increased, however, its growth and use as a currency have stagnated. on this basis Bitcoin Cash created. But I think both are good coins and have their own advantages and disadvantages. But if you have to choose a long-term investment, I suggest you buy BTC because bitcoin is a coin that is in great demand by many investors so the potential for the future is very good. If you choose BCH, this is also not a bad choice because Bitcoin Cash is a very good altcoin for the future. Try to explain some newbie why he should use Bitcoin Cash instead of classic Bitcoin. Or why we have 10 versions of Bitcoin. Altcoins are diffrent they bring totally new usecase to this world. But forks are just forks, they solve nothing. |
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jimbojones3000
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August 06, 2018, 04:35:44 PM |
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It was just a marketing strategy of bitcoin cash founder. He spread a lot of positive of bitcoin cash to the crypto industry and promote his project buy making a negative news in bitcoin.
In civilized world this kind of "marketing strategies" is usually called a scam. These guys literally spammed the BTC network in order to increase the amount of unconfirmed transactions and at the same time spreaded lots of FUD saying that Bitcoin is dead. This was an obvious lie that aimed to mislead the emotional and naive users. They did everything to avoid the competition and get their coin pumped on fake panic. That's why i don't like roger ver or bitcoin cash.. |
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Aristus
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August 06, 2018, 04:39:10 PM |
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Bitcoin Cash as a fork of bitcoin can not stop the momentum the origin. Although bitcoin Cash has advantage on its service over bitcoin, but the fact that bitcoin is already done from the basic step to convince investors it is now st the pick of success over all the crypto currency and this makes bitcoin advantage.
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DemonHunter83
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August 06, 2018, 04:40:05 PM |
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I chose bitcoincash because it is a detached coin from bitcoin. Bitcoincash is cheaper than bitcoin, and transaction costs are much cheaper than bitcoin. Bitcoincash's transaction
speed is also stable.
Well, I think if the bitcoin cache was such a good situation as you describe, it is unlikely that anyone called Ethereum the best alternative. For me, it is much more reliable and attractive. And his base assures us that he will never go bankrupt. |
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JollyGood (OP)
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Activity: 2548
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August 06, 2018, 08:03:09 PM |
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So what are you saying? Are you saying the Bitcore is better than Bitcoin and Bitcoin Cash? |
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Sponsoredby15
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August 06, 2018, 08:21:28 PM |
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As of today the hype for Bitcoin Cash is wining. As expected bitcoin pork will always lose its value as the time goes by. It will be another history that the people need to understand that Bitcoin legacy cannot be defeated by hype and enhanced Blockchain made by greedy people.
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BitPACK
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August 06, 2018, 08:33:12 PM |
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Bitcoin Gold is now on top 25 and it means that it's very successful altcoin. But it will never beat Bitcoin...
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buivannam176
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August 11, 2018, 03:02:12 PM |
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I think it's too early to talk about such comparisons. Of course the top 1, if you compared the top 1 and top 2, I think there is will not an unambiguous answer here
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JollyGood (OP)
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August 11, 2018, 03:14:11 PM |
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Bitcoin Gold is now on top 25 and it means that it's very successful altcoin. But it will never beat Bitcoin...
And your views on Bitcoin vs Bitcoin Cash are? |
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bavian
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August 11, 2018, 03:23:38 PM |
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I prefer Bitcoin, BCH can not replace or override Bitcoin. Bitmain control BCH and take money from BCH. Pump and Dump, buy BCH if you want to make big profits proportional to risk.
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Dhruvv1
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August 11, 2018, 04:59:11 PM |
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Bitcoin Cash is the result of a bitcoin fork. It is extremely similar in many ways to bitcoin, but Bitcoin Cash has a few technical differences that make a big impact.
One difference, which has many significant follow-on effects, is the difference in block size. Bitcoin has a 1MB block size, while Bitcoin Cash has an 8MB block size.
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TurkiyePriest
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Radix-The Decentralized Finance Protocol
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August 11, 2018, 05:01:47 PM |
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This is not going to be a ridiculous community. Bitcoin will of course win. The speculators have been trying to upgrade, but they have been traveling at the same level since its release.
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JollyGood (OP)
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August 11, 2018, 05:12:55 PM |
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This is not going to be a ridiculous community. Bitcoin will of course win. The speculators have been trying to upgrade, but they have been traveling at the same level since its release.
No doubt Bitcoin is king. Bitcoin Cash is associated with what many from the community think are greedy Ver and Wu |
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Situaciy
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August 11, 2018, 05:14:42 PM |
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In my view, Bitcoin is always best compared to Bitcoin money. Because Bitcoin has good support in the crypto currency market and Bitcoin mother of any cryptocurency, I hope there is agreement to enlarge the current block, maybe most miners will object, but I think that's what needs to be done to restore Bitcoin as a quick, easy and secure financial transaction tool.
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