Bitcoin Cash vs Bitcoin SV

[LeoEspansq]

I feel that if they accept cryptocurrency as a technology, then all these forks will simply disappear. And there will be one global currency, which will be the most ideal market option for all.

[dimerasd]

I feel that if they accept cryptocurrency as a technology, then all these forks will simply disappear. And there will be one global currency, which will be the most ideal market option for all.

As long as big companies like Bitman dominate the market, they will turn as they please, and this is actually a bad effect on cryptocurrency

[malading]

The Bitcoin cash war is humorous and is equivalent to hurting each other. But this is a war that will happen in the cryptocurrency system. But their practice has seriously damaged Bitcoin cash. In the future, Bitcoin cash will lose its mainstream coin market, because of the fierce competition, Bitcoin cash will depreciate significantly in the future.

[Herbert2020]

I feel that if they accept cryptocurrency as a technology, then all these forks will simply disappear. And there will be one global currency, which will be the most ideal market option for all.

cryptocurrency is a technology and everyone accepts that but also they accept that this technology has a high value which is growing so they want to be a part of that growth and increase their own net worth. which is why we keep seeing these copy-coins spring out every now and then trying to make some money in this market. and it won't go away ever unless people start being dumb.

[longergou]

You are an amazing prophet, because everything you predicted has happened, BCHSV has appeared, I regret that I did not see this article at the right time!

[ðºÞæ]

Third party's not needed.
https://www.youtube.com/watch?v=LgI0liAee4s

[raden1922]

I haven't seen from the real side about the controversy between Bitcoin Cash and Bitcoin Sv (Satoshi Vision). If there are differences about goals I think it's still on a normal scale. But what I want to ask, when Bitcoin SV is believed to be real Bitcoin. Is this all true? And where can this be interpreted? Thank you.

[hrunya102]

The emergence of different bitcoins is all because of the greed of people, we need only 1 BTC which will become stronger over time.

[ðºÞæ]

The emergence of different bitcoins is all because of the greed of people, we need only 1 BTC which will become stronger over time.

Unfortunately banks changed bitcoin and fundamentalist bitcoiners dont like it, so they separate from the bankers version and reclaim original interpretation.

[Abiky]

I feel that if they accept cryptocurrency as a technology, then all these forks will simply disappear. And there will be one global currency, which will be the most ideal market option for all.

Agree. There are so many useless forks and altcoins nowadays, which serve no real purpose other than speculation. If the mainstream world accepts cryptocurrency as a tech for real purposes in life (instead of as an investment tool or speculation), then Bitcoin would've become a more serious cryptocurrency that would dominate them all. However, so many forks out of the Bitcoin blockchain, would destroy its credibility, IMO, since people would be afraid of investing into it in the first place, with fear that their coins would get double spent in a split.

Not implementing replay protection (like Bitcoin SV did) could be extremely harmful for the underlying blockchain that has undergone the process of a hard fork. Both Bitcoin Cash (ABC) and Bitcoin SV, have had some serious issues during the weeks of the Hash War. If everything would've gone smoothly in the first place, then the market wouldn't had been negatively impacted like it is right now.

In the end, I believe that both Bitcoin Cash (ABC) and Bitcoin SV will die as they don't serve real purpose in life other than speculation. The original Bitcoin (BTC), with SegWit and LN, is heading into the right direction towards scaling in the safest way possible. Huge blocksizes would eventually fail, since people would not be able to meet the storage and bandwidth demands required to run a full node. Hence, only corporations would be able to support the BCH and BSV blockchains if they continue to increase their blocksizes at a fast pace over the long term.

Nonetheless, if it wasn't for Bitcoin's success, none of these forks would've had some attention in the mainstream world. They only carry the Bitcoin name/brand, but nothing more. Just my opinion

[Cryptodiscuss]

There are many debates is lighting network improvement or death of bitcoin. I dont know, I think that many people are just too emotional about bitcoin, and that even if bch was just few votes from being bitcoin, people just wont accept that. If Doge coin can exist so long, and probably will for long time ago, I really can't see any objective reason for bch or any of his forks to die!

[Elisha W]

Even today, I am more impressed with Bitcoin Cash.

[poodle63]

Even today, I am more impressed with Bitcoin Cash.

Even the creator of this shitty fork was creating another joke https://cointelegraph.com/news/roger-ver-sidelines-bitcoin-cash-war-to-present-crypto-bull-case
Does it make sense to see that? That's ridiculous and there's something wrong with him lol

[Abiky]

There are many debates is lighting network improvement or death of bitcoin. I dont know, I think that many people are just too emotional about bitcoin, and that even if bch was just few votes from being bitcoin, people just wont accept that. If Doge coin can exist so long, and probably will for long time ago, I really can't see any objective reason for bch or any of his forks to die!

Probably. However, I'm not sure if Bitcoin Cash and Bitcoin SV would survive, since they've had a bad reputation (especially BCH ABC) across the crypto space. Bitcoin Cash ABC used centralized checkpointing which is against Blockchain's true value proposition (decentralization). On the other hand, Bitcoin SV will become extremely centralized with highly-inflated block sizes that will render full nodes at home completely worthless.

As for Dogecoin, it has been able to survive (even if it was abandoned in development) mostly because of its decentralized model. Dogecoin resembles Bitcoin in every way, except for the type of PoW algorithm used and supply. There are no huge block sizes, and there's never been centralized checkpointing. Given how both Roger Ver and Craig Wright have manipulated the BCH blockchain and the market to their own will, it'll be hard to believe that Bitcoin Cash and Bitcoin SV would survive anytime soon.

Therefore, only the true Bitcoin (BTC) will survive while most (if not all) Bitcoin forks would simply die in the end. Just my thoughts

[Cryptodiscuss]

Probably. However, I'm not sure if Bitcoin Cash and Bitcoin SV would survive, since they've had a bad reputation (especially BCH ABC) across the crypto space. Bitcoin Cash ABC used centralized checkpointing which is against Blockchain's true value proposition (decentralization). On the other hand, Bitcoin SV will become extremely centralized with highly-inflated block sizes that will render full nodes at home completely worthless.

As for Dogecoin, it has been able to survive (even if it was abandoned in development) mostly because of its decentralized model. Dogecoin resembles Bitcoin in every way, except for the type of PoW algorithm used and supply. There are no huge block sizes, and there's never been centralized checkpointing. Given how both Roger Ver and Craig Wright have manipulated the BCH blockchain and the market to their own will, it'll be hard to believe that Bitcoin Cash and Bitcoin SV would survive anytime soon.

Therefore, only the true Bitcoin (BTC) will survive while most (if not all) Bitcoin forks would simply die in the end. Just my thoughts

You are so right about centralisation, roger and jihan mined half of abc and wright mined half of sv, so if something kill them, it will be centralisation and hunger for power.
They may be manipulated it but I don't think they predicted the avalanche of price drop it would cause, I believe that they are mining in heavy loss right now, whatever they mine!

[quichiship]

Yes these currencies are only for the use of traders that they do trade with them and are earning money. Some may adopt them for their businesses for giving support to these coins but in the long term it may not survive and Bitcoin will be the one coin which will be accepted globally.

[Abiky]

You are so right about centralisation, roger and jihan mined half of abc and wright mined half of sv, so if something kill them, it will be centralisation and hunger for power.
They may be manipulated it but I don't think they predicted the avalanche of price drop it would cause, I believe that they are mining in heavy loss right now, whatever they mine!

Yes. Both ABC and SV are mining at a huge loss, although losses have been reduced as a result of a split between both chains. SV has already implemented replay protection, which has now become a separate chain of the BCH blockchain. Despite this, it's still more profitable to mine Bitcoin than either BCH or BSV (based on Coin Dance figures). I don't see any reason why miners would support a chain where it's highly centralized and manipulated by their players. Their money could be easily lost in an instant if another hard fork is announced producing another "Hash War".

This disastrous outcome between ABC and SV, have caused the whole crypto market to panic. Even the original Bitcoin (BTC) has suffered from losses in price and mining hashrate because of the BCH "Hash War". It may take a while before everything else recovers, while both BCH (ABC) and BSV fade into oblivion. I've seen many investors quit from BCH right after the "Hash War" to join Bitcoin once more.

If BCH (ABC) and BSV don't provide true development and usability for the mainstream world, then they'll become useless cryptocurrencies. In fact, they're useless nowadays, unless they take the right direction towards decentralization and quality development. Just my opinion

[Orenonex]

I don’t know exactly why, but I prefer the bitcoin cash. As for me, he will return his position and become popular again.

[suryogandul]

the bitcoincash community broke because of the hardfork bch, is this hf very important to do? and this has a profound impact on the price of BTTC, which then has an impact on the price of the altcoin on the market

[Cryptodiscuss]

Well there is saying: What doesn't kill you makes you stronger! So based what this fork did to btc and all market, and we survived, we should hope that btc is gonna get out of all this stronger than ever!