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Author Topic: Is Bitcoin Cash the real Bitcoin?  (Read 820 times)
akram143
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December 21, 2019, 07:18:54 AM
 #21

So i heard this guy talking about how Bitcoin Cash is actually the real Bitcoin. He says that Bitcoin is no longer what Satoshi Nakamoto originally proposed in the Bitcoin whitepaper.

1. It was supposed to be Peer to Peer but Segwit is destroying this.

2. On-Chain Scaling was supposed to raise as needed (Block Size)

3. Since Bitcoin scales on Chain , It has fast transactions.

Can i get your input on why he might be right or wrong?


No one stops you if you want to say bitcoin cash is the real bitcoin,but its just the forked coins and centralized which will never happen with bitcoin so which is original,decide it by yourself. Smiley

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December 21, 2019, 07:40:05 AM
 #22

Rogerver always says that bch is the original bitcoin that follows the original bitcoin whitepaper, but that doesn't mean bch is bitcoin, because as far as I know bch is a clone of a bitcoin hard fork, I threw it away from the start when getting BCH from the number of bitcoins that I have, bch will never be the original bitcoin, even if YES maybe it's only in a dream

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December 21, 2019, 07:43:29 AM
 #23

Bitcoin Cash is simply a fork of the real thing and it has plenty of issues not to mention an even more troublesome Bitcoin SV to compete with and Bitcoin is superior to both of these and that makes investment more speculative so be conscious of these issues when investing

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December 21, 2019, 08:06:41 AM
 #24

Things should change according to the need of time. Bitcoin and Bitcoin cash implemented different techniques to solve the (same) problem and are working on independent ways.
As an open source project, there was no ownership of the coin. So to decide which chain would retain the name Bitcoin, it was the one with the highest hashrate, larger number of miners and community.
You can fork a open source project but you can't have it's original git or claim your fork is the original one.

You explained it very well and easy to understand.
Thank you for that.

Everything needs an upgrade specially in this time.
They have been creating different coins and forking them.
Like tsaroz says, BCH is like a clone only. It came from a fork so it cannot be said as the original one.
What is worse with BCH? They are claiming it as their own. Bitcoin does not have that kind of feature.

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December 21, 2019, 08:11:43 AM
 #25

No, Bitcoin Cash is just a copy of Bitcoin. Bitcoin is not doing according to the whitepaper that's right but that doesn't mean it lost its peer to peer nature. If you say this, then I can mention hundreds of altcoins that already overcome Bitcoin in peer to peer way! Just time has changed, it's been 10 years Bitcoin is here, so, in the next 10 years, there will have many things change and many new things will be implemented.

Bitcoin is gonna hit 100K usd
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December 21, 2019, 08:34:34 AM
 #26

So i heard this guy talking about how Bitcoin Cash is actually the real Bitcoin. He says that Bitcoin is no longer what Satoshi Nakamoto originally proposed in the Bitcoin whitepaper.

1. It was supposed to be Peer to Peer but Segwit is destroying this.

2. On-Chain Scaling was supposed to raise as needed (Block Size)

3. Since Bitcoin scales on Chain , It has fast transactions.

Can i get your input on why he might be right or wrong?


When we look at other people's research, we should also examine whether the research results are true or not, and I hope we are not easily influenced by research results that we have not reviewed again, we must also have an important role in other people's research for accurate research results. And such as his research results are wrong, there seems to be a gap for us to straighten out what happened there.

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December 21, 2019, 09:40:21 AM
 #27

I know that Bitcoincash is a hardfork from BITCOIN, it does not mean that BITCOIN is replaced by Bitcoincash and the original is BICOIN because the purpose of hardfork is to break the block of transactions. so at that time supporters of BITCOIN panicked.

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December 21, 2019, 11:32:44 AM
 #28

Bitcoin cash is only the fork of original bitcoin, its clone mostly everything from bitcoin and now exist as a separated coin. Bitcoin cash have difference chain, hashrate, transaction speed... with bitcoin. There are few more coins also a fork of bitcoin, so careful when read something about bitcoin, its maybe just a fork.


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December 21, 2019, 02:11:52 PM
 #29

I know that Bitcoincash is a hardfork from BITCOIN, it does not mean that BITCOIN is replaced by Bitcoincash and the original is BICOIN because the purpose of hardfork is to break the block of transactions. so at that time supporters of BITCOIN panicked.
We all know there is only one original bitcoin and we all know why it is valuable. Let's have a look at the bch, what makes it valuable? Because it is the hardfork of bitcoin. Otherwise, there are thousands of altcoins that are faster than they are. Do we call them original bitcoin? Personally, I think bch does not even deserve today's price.
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December 21, 2019, 02:34:07 PM
 #30

I know that Bitcoincash is a hardfork from BITCOIN, it does not mean that BITCOIN is replaced by Bitcoincash and the original is BICOIN because the purpose of hardfork is to break the block of transactions. so at that time supporters of BITCOIN panicked.
We all know there is only one original bitcoin and we all know why it is valuable. Let's have a look at the bch, what makes it valuable? Because it is the hardfork of bitcoin. Otherwise, there are thousands of altcoins that are faster than they are. Do we call them original bitcoin? Personally, I think bch does not even deserve today's price.
BCH does not deserve a price?
I think this is a bit inappropriate, Bitcoin is still there is only one Bitcoin and Bitcoincash in my opinion the revised form of the original bitcoin, with additional features and ease of miners. a reason Bitcoincash has value because there is a community that supports it, but there is one that I don't like BCH a little because it is filled with manipulation.

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December 21, 2019, 06:49:56 PM
 #31

So i heard this guy talking about how Bitcoin Cash is actually the real Bitcoin.

It is a fork. So a copy. Coins are identical in 99%. Ia also have most of same holders. BCash was simply to make Bitcoin holders richer. Building infrastructure for BCash is super simple since you just copy the one made for Bitcoin.

Are coins that dont bring anything new to crypto table useful?  Not at all.
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December 21, 2019, 06:56:52 PM
 #32

We can't compare Bitcoin with Bitcoin though we can say that Bitcoincash has a huge potential, we can't deny the fact that Bitcoin is a different coin that can stand on its own.  Bitcoin has been through a lot and it's well established compared to top coins. I still have my full trust for Bitcoin.
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December 21, 2019, 09:40:03 PM
 #33

It's easy to distinguish.

The one that says they are the "real" bitcoin is simply a fork and it has its own name which is Bitcoin Cash and is considered as an altcoin.

While the one which is the actual and genuine bitcoin was made by satoshi and we're treating as the king is simply bitcoin.

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December 27, 2019, 03:49:41 AM
 #34

The pre-2017 Bitcoin has forked in to dozens of coins, including the present Bitcoin, BCH, BTG, BSV, BTD.etc. Each of these coins claim that their version is closer to the original cryptocurrency that Satoshi Nakamoto created in 2009. All of them have points supporting their arguments, and it is left for us to make our assumption regarding which one represents the original Bitcoin. The arguments and debate may go on indefinitely, unless Satoshi Nakamoto suddenly reappears and endorse one of these cryptocurrencies.
This is one of the many reasons why satoshi withdrew from public view, we should not rely on a single person to make decisions about which is the real bitcoin, the community as a whole should decide which one is the real one.

And it is obvious that the original chain is the one that still enjoys the majority of the support not only from investors but also from miners and the community in general and all of those coins are nothing but cheap imitations of the original.
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December 27, 2019, 04:06:57 AM
 #35

Bitcoin will remain a Bitcoin and be an asset that is trusted by investors. If Bitcoin cash is real Bitcoin, then the price should not be as it is now and this shows that investors trust Bitcoin more. New and old investors will definitely prefer Bitcoin over Bitcoin cash and I think this is reasonable because Bitcoin has been proven from the very beginning.
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December 27, 2019, 04:34:54 AM
 #36

Well.. it is up to the users to decide on that. Satoshi Nakamoto last came online about a decade ago and therefore we can't go and ask him what he thinks about BCH. However, the trade volume and adoption suggests that the vast majority of the pre-fork users are considering the current version of Bitcoin as the "real" BTC. The number of BCH users amount to a small fraction of all the cryptocurrency users, despite a number of super-weights supporting the forked coin. And we also need to remember that the BCH has further undergone forking, splitting to BCH-ABC and BCH-SV.

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December 27, 2019, 07:09:33 AM
 #37

Whatever others say about bitcoin cash. BITCOIN is still bitcoin. With comparison to bitcoin, bitcoin cash was just created because of some weak issues of bitcoin. Investors are trying to imitate btc with of course some advantage using bch like less transactin fees. But which is better, is it btc or bch? I still go for bitcoin no matter what.
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December 27, 2019, 12:09:27 PM
 #38

No, absolutely not. Bitcoin Cash just copied Bitcoin's idea but it is not that bad what people say about it. Bitcoin cash always gives good profit to its investors, in the long run, I don't know what will happen with the Bitcoin cash but it can be a good choice to invest for a limited time. Though you are right, Bitcoin is not doing accurately the whitepaper but it is doing great and I believe in the next five years, it will go beyond the whitepaper.

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December 27, 2019, 12:55:17 PM
 #39

So i heard this guy talking about how Bitcoin Cash is actually the real Bitcoin.
Whoever said that is a total insane. How could this bitcoin cash would be bitcoin when in fact it was just a copy cut of bitcoin and no matter what Roger Ver do, it will be the same old. Just cut crap.

Quote
He says that Bitcoin is no longer what Satoshi Nakamoto originally proposed in the Bitcoin whitepaper.
It's true but who should be blame? Bitcoin is continuous development so no wonder.

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December 27, 2019, 01:23:00 PM
 #40

No, absolutely not. Bitcoin Cash just copied Bitcoin's idea but it is not that bad what people say about it. Bitcoin cash always gives good profit to its investors, in the long run, I don't know what will happen with the Bitcoin cash but it can be a good choice to invest for a limited time. Though you are right, Bitcoin is not doing accurately the whitepaper but it is doing great and I believe in the next five years, it will go beyond the whitepaper.
bitcoin cash is a bitcoin derivative, but bitcoin cash investors seem to be good too, proven by always being at the top rank, even though many people don't like it, but this coin still exists, and its movements always go hand in hand with bitcoin, I think this is its strength


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