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Author Topic: Bitcoin vs Bitcoin Cash  (Read 31828 times)
jaysabi
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August 12, 2018, 06:41:07 PM
 #781

Bitcoin Gold is now on top 25 and it means that it's very successful altcoin. But it will never beat Bitcoin...

Bitcoin Gold is even more of an alt garbage coin that Bitcoin Cash is. There remains an argument to be made over the utility of Bitcoin Cash and the ideological split between BCH and BTC. There is no such argument that can be made for Bitcoin Gold. It was a fork solely to enrich the forkers, and it serves no purpose as a coin because there is no improvement over BTC, no use-case, and it's even more obscure than even BCH is at this point. The only people making an argument otherwise are the same people who forced the split in the first place and then tried to convince everyone it wasn't a shameless attempt to create wealth out of thin air, which is exactly what happened. Unfortunately, some suckers are going to get fooled into trying to speculate in that market and providing an exit for the scammers who created the coin in the first place.

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August 12, 2018, 08:02:35 PM
 #782

Bitcoin has always been the best and will continue to be. For this reason we can separate the market as bitcoin and others.
Gab20
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August 12, 2018, 08:14:00 PM
 #783

Bitcoin will remain in its own niche, so also will bitcoin cash remain in it's own niche. Although, one thing i noticed is that, with hard forks being created just like we have in the case of bitcoin and bitcoin cash, it is meant mainly to create more wealth to the developers and bitcoin holders.
JollyGood (OP)
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August 12, 2018, 09:11:16 PM
 #784

Bitcoin Gold is now on top 25 and it means that it's very successful altcoin. But it will never beat Bitcoin...

Bitcoin Gold is even more of an alt garbage coin that Bitcoin Cash is. There remains an argument to be made over the utility of Bitcoin Cash and the ideological split between BCH and BTC. There is no such argument that can be made for Bitcoin Gold. It was a fork solely to enrich the forkers, and it serves no purpose as a coin because there is no improvement over BTC, no use-case, and it's even more obscure than even BCH is at this point. The only people making an argument otherwise are the same people who forced the split in the first place and then tried to convince everyone it wasn't a shameless attempt to create wealth out of thin air, which is exactly what happened. Unfortunately, some suckers are going to get fooled into trying to speculate in that market and providing an exit for the scammers who created the coin in the first place.

People seem to justify having splits or hard forks because of various reasons when in reality they do it for self gratification and to control the path of their own blockchain, as though it gives the power hungry people behind it an excuse to be "relevant".

Yes Bitcoin Gold is pathetic and a waste of time, energy and space.

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Bonanzabits
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August 12, 2018, 10:13:43 PM
 #785

You can not compare the original bitcoin with bitcoin: which was launched by some rogue. Roger will not be able to support his project in any case, and Satoshi's project is perfectly working without him.
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August 12, 2018, 10:57:55 PM
 #786

You shouldn't compare coins like this, because each coin has its own uniqueness. and I think if the comparison of prices will certainly be very far and the community is too. bitcoin will still exist for a long time.
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August 12, 2018, 11:26:48 PM
 #787

Bitcoin cash is created to answer the long transaction verification process on bitcoin by making the block bigger. Bigger block would mean that easier task for the miner. However, the underlying problem with this is what if bitcoin cash is nearing the cap. Experts say it will eventually slow down.

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August 13, 2018, 11:58:01 AM
 #788

It is the glue that holds all crypto enthusiasts together. All other cryptos have some value thanks to Bitcoin and the news in media and the finance world it generates.
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August 13, 2018, 12:04:07 PM
 #789

Last year there was a lot of manipulation with Bitcoin cash and segwit, that it was a real bitcoin, and at that time the bitcoin price was falling, and bitcoin cash was growing.  I think that this is another manipulation.  Especially a few days ago I read an article that in the network bitcoin cach found a vulnerability.
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August 13, 2018, 12:07:40 PM
 #790

But Bitcoin and Bitcoin are compelling. But you should know that Bitcoin may be a frail old man, but it is the king of Crypto, and none of the wise leave the king to bring benefits to them. Investors pushed the Board higher because they received more Executives because of Bitcoin. Everyone wants to make a lot of money.

Bokugo
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August 13, 2018, 12:09:50 PM
 #791

But Bitcoin and Bitcoin are compelling. But you should know that Bitcoin may be a frail old man, but it is the king of Crypto, and none of the wise leave the king to bring benefits to them. Investors pushed the Board higher because they received more Executives because of Bitcoin. Everyone wants to make a lot of money.

Right and this is of course the winner is still bitcoin, bitcoin has a very limited total inventory and bitcoin also has very high demand so that it will make bitcoin invincible. Bitcoin cash is very different from bitcoin and bitcoin cash has few supporters.
vatanen
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August 13, 2018, 12:11:47 PM
 #792

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 totally agreed to what you have said that bitcoin will always going to come on top of every coins in the market because of the fact that many people are trusting and using this coin and also we have seen how this coin grows as time goes by and how it achieved its accomplishments and achievements.
dimonarka
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August 13, 2018, 12:17:30 PM
 #793

I prefer and consider the best bitcoin. Firstly, this is the first of its kind crypto currency, which has no analogues. And she has a high rate and is still expensive.
JollyGood (OP)
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August 13, 2018, 01:34:23 PM
 #794

Bitcoin has always been the best and will continue to be. For this reason we can separate the market as bitcoin and others.

Yes Bitcoin is over 50% of the entire crypto market capital

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coook zamk
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August 13, 2018, 03:06:08 PM
 #795

Satoshi is/was very much in touch with common folks on the street and how thinks need to be done, bitcoin is the mindset of a bankers view how things need done.
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August 14, 2018, 09:45:58 AM
 #796

Bitcoin is the strongest coin and all these forks can not defeat him. It's just that people want easy money and create a buzz around the new Bitcoin coins.
JollyGood (OP)
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August 14, 2018, 10:34:28 AM
 #797

Bitcoin is the strongest coin and all these forks can not defeat him. It's just that people want easy money and create a buzz around the new Bitcoin coins.

Yes that is true to an extent. Anyway Bitcoin is king and reigns supreme of other coins Smiley

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Thuocbacnauvit009
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August 14, 2018, 10:41:20 AM
 #798

Bitcoin currently can handle up to 10 transactions per second and Bitcoin Cash is 213 transactions per second. Transactions per second are mainly determined by blockchain blocksize. Since Bitcoin Cash is larger than 32MB (compared to Bitcoin from 1 to 4MB), BCH can handle more transactions at a lower cost than BTC.
hemendrachauhan19
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August 14, 2018, 10:47:29 AM
 #799

With so many forks coming almost each day it's hard to understand there real usability and if they're needed at all or not. Personally I don't think Bitcoin Cash was needed but one of the whale decided to sell his entire BTC holdings and bought BCH. From then on this debate exists that is BCH better than BTC and why is it needed. The community is divided on both fronts, where some of the long known investors have bought BCH and others just oppose it as fake BTC.

Currently in coinmarketcap there're almost 20 forks of Bitcoin.
Haterstestbtc
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August 14, 2018, 11:00:37 AM
 #800

Bitcoin currently can handle up to 10 transactions per second and Bitcoin Cash is 213 transactions per second. Transactions per second are mainly determined by blockchain blocksize. Since Bitcoin Cash is larger than 32MB (compared to Bitcoin from 1 to 4MB), BCH can handle more transactions at a lower cost than BTC.


Maybe that is the reality, cause i don't have any idea with difference between the two coins in doing transaction method. However, bitcoin cash is something above with the feature but it cannot surpass the current value of today's market trends.
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