huu78
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Activity: 1204
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Undeads.com - P2E Runner Game
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May 07, 2020, 01:55:37 PM |
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I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
I have tried using this coin, when it comes to it's transaction speed. It is not that fast compare to other altcoins. But when it comes to holding it as a store value, it can be useful and profitable. At first, I thought it was just one of the shitcoin out there. But you can always try to say it can be a worthy coin, too. Even if it's a fork of bitcoin, bch can still prove that it has practical use in crypto market. Coins with high values, such as bitcoin, BCH, ETH, are really a bit slow if there are transportation issues. but for buying and selling and kept long-term is more useful and profitable. so if you want to buy goods, it will be more profitable to use high value coins. |
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el kaka22
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Activity: 3514
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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May 07, 2020, 02:40:58 PM |
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Some miners who were not making enough money with bitcoin because it is moving towards segwit nowadays and spending less on miners and fee's, and it is even moving towards lightning network nowadays which will be a lot less, so these miners decided that they want to change bitcoin to a system that will pay the miners a lot of money to make themselves rich.
When they failed they hard forked bitcoin and started bitcoin cash to make that extra income but they didn't realized they would need to spend a lot of mining power and a lot of money to keep it alive so right now they can't stop because that would be millions of dollars gone, but they can't sustain it forever neither, so they are hoping that it would eventually make more profits than the loss and eat the loss just to make it work until it profits.
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cryptoworld99
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Activity: 84
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May 07, 2020, 02:47:20 PM |
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I think BCH is half decent compared to a lot of shit coins nowadays, it's definitely backed by big crypto players.
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Malam90
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May 07, 2020, 02:59:52 PM |
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I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
I don't like to say it is a shitcoin, scam. I consider Bitcoin Cash is a good coin but some people say it as the compititor of Bitcoin. I disagree with this and still now i don't have any Bitcoin Cash, nor trade yet. Sometimes we notice it as one of the big gainer in coinmarketcap. |
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Winscosinally
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Activity: 490
Merit: 16
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May 07, 2020, 03:29:35 PM |
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BitcoinCash (BCH) has been a good project since release, I will choose BCH over many new coins today, even the almighty BNB token, yea I know it's bitcoin fork but it's more than ordinary forks folks, I'm glad to be an holder
If you are looking for a coin that can bring huge profit BCH is a plus, others like BNB token, OKB token are excellent choice
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Vishnu.Reang
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May 07, 2020, 03:37:39 PM |
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BSV is tottally different form BCH, I sitll like BCH but BSV is trying to be bitcoin and not an alternative to it, it's really cringe to see the BSV creator saying that he is the real satoshi, without any kind of proof.
BCH is a fork of BTC and BSV is a fork of this forked BCH. What next? We may witness a 3rd generation fork, when some of the BSV promoters conduct a hard fork on BSV. Anyway... let's leave all these forks and related scams. Craig Wright is trying hard to prove that he is the real Satoshi Nakamoto. But then, he don't have any proof with him. And when someone asks him the proof, he reacts very rudely. And this confirms my assumption that he has nothing to do with Satoshi. |
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rahmatullah9305
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May 07, 2020, 03:45:49 PM |
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I think BCH is half decent compared to a lot of shit coins nowadays, it's definitely backed by big crypto players.
How can you be sure that BCH will be supported by large crypto players? whereas today the conditions are still as usual and there is no support whatsoever, and I myself also don't think that BCH will be supported by large crypto players. |
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dnprock
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Activity: 324
Merit: 17
Bitflate developer
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May 07, 2020, 05:27:50 PM |
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I think BCH is taking the wrong path to achieve its goal (digital cash). Its other sin is to commit a hard fork. Bitcoin is working well as the first form of digital money. Its changes should be done through soft forks. Having big blocks will not change Bitcoin's economics. To create a digital cash, I think the key is inflation. I wrote an article on this: We Need Inflationary Cryptocurrency https://bitflate.org/post/2020/04/26/we-need-inflationary-cryptocurrency.htmlDisclosure: I'm the Bitflate developer. I'm long BTC and BFL. |
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kingzpro
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DIFX - Digital Finacial Exchange
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May 07, 2020, 05:38:03 PM |
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Personally i think the person behind Bitcoin cash has big stature in the bitcoin and crypto sector but his decision to create a fork of bitcoin and then claiming it to be the real bitcoin was not wise. People know what is real and what is fork so i think the only thing that is keeping bch in the market is Roger ver's influence which he is using for the adoption of BCH around different sectors and markets and he is somewhat successful in doing that already.
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tbterryboy
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May 08, 2020, 05:00:41 PM |
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I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
I won't say it's a scam, it's just about choice. The same way you're seeing people that are saying that Bitcoin Cash is a scam is the same way you will see people that are saying that Bitcoin is a scam. Even John McAfee said that Bitcoin is a scam after several efforts in trying to predict the next price of Bitcoin but all ending up as a failure, and he then concluded that Bitcoin is a scam. So, it is all about choice, whatever you like, there is likely to be someone else that hates it. I invest in bitcoin and I also invest in Bitcoin Cash and Ethereum, Litecoin and Stellar, and I have also invested in other coins. There is nothing wrong with Bitcoin Cash, it even has some features you might like, except that it is not widely accepted and used as Bitcoin. |
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batang_bitcoin
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May 08, 2020, 08:02:29 PM |
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a shitcoin?
Don't be surprised if many of the members here will actually say that bitcoin cash is the description of this quote. Opinions are divided when someone is going to ask their status and thoughts about an altcoin. This could be profitable to them and they probably have invested a lot of money in it so, they have to defend it because their entire investment is with the coin. But to us, who haven't invested and will never be, can say what we want to say. |
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mindrust
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Activity: 3248
Merit: 2424
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May 08, 2020, 08:29:12 PM |
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I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
Just another shitcoin. I would be neutral if they weren't trying to steal the bitcoin brand but now I am hostile against it. It is dying by its own anyway. It is getting forked constantly. Devs and miners are always fighting each other. I am glad they left. I read r/btc sometimes just because to see how ridiculous these people can become. |
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monineklutak
Sr. Member
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Activity: 1890
Merit: 252
The OGz Club
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May 08, 2020, 08:55:42 PM |
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I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
I don't know, people's opinions are different, Bitcoin Cash is the same as Ripple or Ethereum, it's just an altcoin, it's different from Bitcoin, Bitcoin is in charge of it all, just like a king |
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alisonwonder
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May 08, 2020, 09:20:13 PM |
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I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
I don't know, people's opinions are different, Bitcoin Cash is the same as Ripple or Ethereum, it's just an altcoin, it's different from Bitcoin, Bitcoin is in charge of it all, just like a king indeed this bitcoin cash should be just as altcoin but some time ago the developer of bitcoin cash said bitcoin cash is the main of bitcoin in my opinion this is really ridiculous but it doesn't matter if you can provide an increase in price just take advantage of the price movement to be able to get a profit on bitcoin cash. |
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MikeyVeez
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May 08, 2020, 09:23:56 PM |
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I am not supporter of any Bitcoin fork, for me it is a waste of money because they parazite on Bitcoin´ s popularity and they claim to be better than Bitcoi, but the reality? They are not, they are not safe, first bigger attack will completely destroy the whole network.
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AD Node (OP)
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https://streamies.io/
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May 09, 2020, 03:32:08 AM |
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I am not supporter of any Bitcoin fork, for me it is a waste of money because they parazite on Bitcoin´ s popularity and they claim to be better than Bitcoi, but the reality? They are not, they are not safe, first bigger attack will completely destroy the whole network.
BCH is the most famous one, I've discovered this week that we have more than 100 BTC forks which is extremely unnecessary and almost all are just shitcoins. I think BCH is not the worst of all. |
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mahilchii
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Merit: 13
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May 09, 2020, 04:51:29 AM |
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The core purpose of BCH is used to be as a payment system, BCH transactions are more faster and transaction fees are low well this made people to focus on this coin. Also BCH is one of top coins in CMC list with a strong reputation in the market and I don't think it will compete with BTC in future because they are partially different, but this project not at all a scam..
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AD Node (OP)
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Activity: 140
Merit: 57
https://streamies.io/
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May 09, 2020, 04:59:16 AM |
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The core purpose of BCH is used to be as a payment system, BCH transactions are more faster and transaction fees are low well this made people to focus on this coin. Also BCH is one of top coins in CMC list with a strong reputation in the market and I don't think it will compete with BTC in future because they are partially different, but this project not at all a scam..
That is some good points, if we look into transaction and fees BCH is really good, But i Don't think that transaction are really fast, sometimes the blocks got 30min+ to be confirmed, and it's not good sometimes. |
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Leonardo7
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Activity: 686
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May 09, 2020, 08:47:14 AM |
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Bitcoincash is in competition with bitcoinSatoshi for who becomes the king of bitcoin forks. BCH always break the heart and never moon when expectations are placed on it.
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Lexurdania
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Activity: 840
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May 09, 2020, 09:07:26 AM |
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The core purpose of BCH is used to be as a payment system, BCH transactions are more faster and transaction fees are low well this made people to focus on this coin. Also BCH is one of top coins in CMC list with a strong reputation in the market and I don't think it will compete with BTC in future because they are partially different, but this project not at all a scam..
Bitcoin Cash is a fork coin developed with a bigger block. This coin is not a scam because it is in the top ranking coincap so it has a marketcap value that reaches to billions of dollars and also has great liquidity. |
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