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Author Topic: Is Bitcoin Cash the real Bitcoin?  (Read 728 times)
Sithara007
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December 30, 2019, 05:00:42 AM
 #61

I think this question already has the answer by looking at the spread of btc and bch. The community has chosen which is the real bitcoin.

Well.. I have to agree here. Considering the number of whales who support the forked coin (BCH), I expected it to perform better against BTC. But since December 2017, it has lost almost 95% of its value and even against Bitcoin, the BCH exchange rate has fallen from BTC0.200 to BTC0.0286. And the split between BCH-ABC and BCH-SV didn't helped the prices either. BSV was able to poach a large number of BCH users, and despite skeptical predictions it is still doing good at the exchanges.


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December 30, 2019, 05:38:55 AM
 #62

Bitcoin cash (BCH) is a very good coin and it doesn't have to fight the tittle of 'the real bitcoin', it's not worth it because we have the real bitcoin already and bitcoin cash is what bitcoin should have been, that is all, bitcoin will always be bitcoin nothing can change that

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December 30, 2019, 05:48:39 AM
 #63

Bitcoin will always develop according to the development over time.
We cannot expect the old system to be in the future because of the potential for bitcoin to be left behind by other altcoins.
To be honest, in my perspective BCH is the ambition of Roger Ver because he is not satisfied with what has happened with bitcoin at this time.
Because according to him it was not what he wanted, there was a lot of drama going on between people around the bitcoin environment that was why BCH appeared even though it was a hard fork of Bitcoin.

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cutesgirl
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December 30, 2019, 05:59:39 AM
 #64

Bitcoin cash become altcoin have position under bitcoin on price or anything, although bitcoin cash come from hard fork with bitcoin and never have chance for bitcoin cash have higher price later than bitcoin, maybe bitcoin cash keep existing with higher price could be competitor for other altcoin like ethereum and litecoin in the future.
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December 30, 2019, 06:26:48 AM
 #65

First of all, I don't have a very good opinion about Bitcoin Cash (BCH) and its promoters (especially Roger Ver, Jihan Wu.etc). But at the same time, I have to agree that this particular coin has fared relatively well, compared to some of the other altcoins such as Litecoin and Ethereum. I guess having powerful supporters like Ver helps to maintain a good exchange rate.

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December 30, 2019, 06:55:15 AM
 #66

First of all, I don't have a very good opinion about Bitcoin Cash (BCH) and its promoters (especially Roger Ver, Jihan Wu.etc). But at the same time, I have to agree that this particular coin has fared relatively well, compared to some of the other altcoins such as Litecoin and Ethereum. I guess having powerful supporters like Ver helps to maintain a good exchange rate.
Maybe it's not only thanks to these influencers, but to the improvement of the code/coin (capabilities) itself?
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December 30, 2019, 07:16:53 AM
 #67

BCH is a more capable digital currency and it should be able to do more better in future because of its continues developments but really we should stop comparing with bitcoin, many altcoins have better features than bitcoin as we know it but bitcoin will still remain the king

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December 30, 2019, 07:42:18 AM
 #68

The bitcoin is the totally different coin from bitcoin cash even if you send your bitcoin transaction to the bitcoin cash address your all transaction will be lost. So before check it if you have some bitcoins Satoshi.
It's very clear that bitcoin and bitcoin cash are not the same, even though bitcoin cash is born through bitcoin, they still won't have anything in common in terms of wallet or anything else.


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December 30, 2019, 07:46:15 AM
 #69

It's like in life, dad is responsible for his child, but he cannot live for him. There is also a bitcoin dad and a point. It makes no sense to equate any coin with bitcoin, any coin has less significance and weight. So I agree with those who voiced the numbers before.
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December 30, 2019, 07:46:39 AM
 #70

The bitcoin is the totally different coin from bitcoin cash even if you send your bitcoin transaction to the bitcoin cash address your all transaction will be lost. So before check it if you have some bitcoins Satoshi.
It's very clear that bitcoin and bitcoin cash are not the same, even though bitcoin cash is born through bitcoin, they still won't have anything in common in terms of wallet or anything else.
but they have the same possibility. such as pumps and dumps that occur could have caused movement in these two assets. but I will be more interested in bitcoin than bitcoin cash. in terms of price and market, I think bitcoin is much bigger and has a very strong dominance.

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December 30, 2019, 07:49:44 AM
 #71

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?


It has been two years since Bitcoin Cash came out, maybe you also saw that without Bitcoin Cash, Bitcoin (BTC) can still solve everything correctly. SegWit is really the right step to help Bitcoin avoid overload when confirming the huge number of transaction hashes per day. In my opinion, I don't deny that the introduction of Bitcoin Cash has helped many people tend to use Altcoin instead of Bitcoin for transactions via cryptocurrency. But after all, Bitcoin is still itself, and Bitcoin Cash is no different than a clone copied from a fork.

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December 30, 2019, 08:00:59 AM
 #72

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?


It has been two years since Bitcoin Cash came out, maybe you also saw that without Bitcoin Cash, Bitcoin (BTC) can still solve everything correctly. SegWit is really the right step to help Bitcoin avoid overload when confirming the huge number of transaction hashes per day. In my opinion, I don't deny that the introduction of Bitcoin Cash has helped many people tend to use Altcoin instead of Bitcoin for transactions via cryptocurrency. But after all, Bitcoin is still itself, and Bitcoin Cash is no different than a clone copied from a fork.

Indeed, Bitcoin need to be updated according to the need of the current environment.  Bitcoin will soon be obsolete if it stick to its original plan that is why hardforks and upgrades are created to suit Bitcoin to its current  need.  And as we see, Bitcoin with segwit seems to performs better and accepted more than Bitcoin Cash.
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December 30, 2019, 08:08:20 AM
 #73

As for me, I have never used Bitcoin Cash and it is hard to imagine it will be able to replace the true Bitcoin. BCH was just a fork and did not get the wide support in crypto community, so I do not believe in it's future.
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December 30, 2019, 11:03:34 AM
 #74

Bitcoin Cash is a good project. Let's put the arguments aside. I think it's a good alternative. Community does not ignore Bitcoin Cash.
Are you sure with that?

Many already says that Bitcoin Cash isn't a good project because it's a fork coin and the goal of it of even claiming as "real bitcoin" is unacceptable. Do you think that arguments can be put on the side? The majority is ignoring BCH though.

I don't see it as a good alternative, LTC or Doge for alternative transfers if btc network is congested.

If picking between the three Bitcoin Cash, Litecoin and Dogecoin, I prefer in this order, Litecoin first, Dogecoin and Bitcoincash, I have tried all three and Litecoin and Dogecoin are also fast and they offer a small fee, they cannot claim originality when they do not have the exclusively features of these two, fast and cheap transactions.
Okay, it's your personal ranking system but it's all about telling that BCH isn't ignored by the community and a "good" alternative. And with what you have said, you have personally used it and it's not really quick unlike the other two coins that I've mentioned which are better alternative.

That's why I'm asking him if he's really sure about his description about that fork because everybody is aware of what BCH is.

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December 30, 2019, 01:35:56 PM
 #75

As for me, I have never used Bitcoin Cash and it is hard to imagine it will be able to replace the true Bitcoin. BCH was just a fork and did not get the wide support in crypto community, so I do not believe in it's future.
I think that nobody uses Bitcoin Cash at all except the Roger Ver. this tool is like a very long hype that still exists. Roger Ver doing everything possible to ensure that his project stays alive and works, but now it exists only for people who do not understand anything in cryptocurrency to invest money in it.


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January 02, 2020, 05:35:59 AM
 #76

I think this question already has the answer by looking at the spread of btc and bch. The community has chosen which is the real bitcoin.

Well.. I have to agree here. Considering the number of whales who support the forked coin (BCH), I expected it to perform better against BTC. But since December 2017, it has lost almost 95% of its value and even against Bitcoin, the BCH exchange rate has fallen from BTC0.200 to BTC0.0286. And the split between BCH-ABC and BCH-SV didn't helped the prices either. BSV was able to poach a large number of BCH users, and despite skeptical predictions it is still doing good at the exchanges.
This should show you that even the whales do not have a perfect control of the market, what it is the point of holding almost all the supply of a coin if no one is using it?

They may claim they are the original bitcoin all what they want but if the community disagrees then there is nothing they can do, and while it is clear the community has given their seal of approval to bitcoin as the best coin in the market this is not going to be over until bitcoin cash completely disappears or at least is out of the top 100.
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January 02, 2020, 07:00:52 AM
 #77

Bitcoin Cash is a heavily centralized currency, as it favors the large-scale miners with giant mining farms. On the other hand, Bitcoin Gold is the coin which favors the small scale miners. The current version of Bitcoin falls somewhere in between, but as of now it is moving towards a monopoly by the large scale miners. I am holding almost all of these coins, so I don't want to favor anyone or degrade the others.
We need all kinds of bitcoins if their existence is justified and if they benefit the cryptocurrency market. It should be remembered that Satoshi Nakamoto also experimented to a certain extent and his bitcoin might not be the most successful solution, but even so, then only at that time. In our world there is nothing stable and permanent. Everyone has the right to development. Bitcoin cash, like other forks of Bitcoin, also has a right to exist.

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January 04, 2020, 04:37:26 PM
 #78

It is just their claim and own opinion but we certainly all know that Bitcoin and Bitcoin cash is really different from one another. Those two have existed in different time within the crypto space so how can it certainly be said that Bitcoin cash is the real Bitcoin and the Bitcoin we have known for so long is not the real Bitcoin. Those two just share the same name which is Bitcoin but surely those two are apart and different from one another when it comes to the attack, approach, platform and how the project is executed. Also, how Bitcoin cash can be claimed as the real Bitcoin when we already known Bitcoin for so long. There maybe just a comparison between the two but their identity still remains on what they truly are. How can we supposedly say which is which and which is not? Those two are different cryptocurrencies apart from one another and there is something that is unique to them making them different.

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January 04, 2020, 05:23:05 PM
 #79

Bitcoin is no longer what Satoshi Nakamoto originally proposed in the Bitcoin whiteboard. What bitcoin is doing right now is a lot of incredible things.
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January 04, 2020, 05:38:44 PM
 #80

In my opinion, this guy was too quick to conclude this very important thing. Bitcoin is doing quite well its mission and is similar to the original proposal.
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