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Author Topic: Will bitcoin cash overtakes etherum due to its unstable price [ new ]  (Read 147 times)
naveen5 (OP)
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February 09, 2021, 03:02:45 AM
Last edit: February 09, 2021, 10:52:08 AM by naveen5
 #1

#Bitcoincash I just made a small amount of bitcoin cash as donation to bitcoin cash to the moon. It is special because the transaction fees is qiuet low, which makes user to attract towards it.
As per graph from past few months it's behaviour is impressive performance.
Besides that etherum is fluctuating and overrated transaction fees
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February 09, 2021, 04:12:07 AM
 #2

#Bitcoincash I just made a small amount of bitcoin cash as donation. It is special because the transaction fees is qiuet low, which makes user to attract towards it.
As per graph from past few months it's behaviour is impressive performance.
Besides that etherum is fluctuating and overrated transaction fees
It won't and bitcoin cash is not the strong candidate to overtake ethereum. ADA, DOT and binance should be the best candidate to overtake ethereum and why? these coins are good coins and bitcoin cash is still nothing compared with those coins consider from its usefulness, utility, and benefit that can be got by the users.
I won't even believe the fork coin can replace the platform that already developed a genuine innovation called smartcontract. It's an impossible thing to happen dude.
I just say this based on the reality.

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February 09, 2021, 04:51:47 AM
 #3

I agree to your opinion, I got to know new knowledge regarding bitcoin cash.

But at the same time etherum is too much highly priced. Just like bitcoin in olden days in mid 2015 to till date.

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February 09, 2021, 09:07:50 AM
 #4

I'm still confused about what BCH overtakes you mean. In general, cryptocurrencies (except stablecoins) are highly volatile.
The high tx costs are due to ETH having complex use cases especially as the main chain across various defi platforms (around more than 70% of defi platforms use ETH chain). But it is worth the ever increasing ETH price. Also, there are several methods that people use to avoid high fees such as internal transactions, using third party chains, etc.

On the other hand, BCH has no use-cases as far as I know or barely exceeds bitcoin functionality. So, BCH will not (ever) take over ETH in terms of usability.

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February 16, 2021, 11:15:36 AM
 #5

I think so that because there have some positivity with compare with others stable coin in the CMC. The bitcoin cash is the lowest costing coin when a trader transaction the bitcoin cash, then it charge 9.5% or less amount (I'm not sure) but it's the true. So, I can say that the bitcoin cash will be overtaken ETH due to it's unstable price.

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February 16, 2021, 11:34:34 AM
 #6

haha , it never ever happened. both of them even have a different category , ethereum is a big ecosystem on crypto world, what bitcoin cash have ? and also , bitcoin cash  still need x 14 or 15 from now price to overtakes eth based on market capitalization. BCH have no chance.

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February 16, 2021, 11:35:08 AM
 #7

I am not saying I can really predict the future but for now I don't see any reason for BCH to be overtaking Ethereum. I, too, am quite disgusted by the high gas fees charged to Ethereum network users because I firmly believe that this is not what cryptocurrency should be. We assume that by using cryptocurrency and the blockchain, moving funds can be faster, cheaper and really efficient but this is not happening right now with Ethereum. Sadly, some people are making big money out of us for the same service rendered. What a shame. However, despite this reality I don't think BCH has an iota of a potential to be taking the crown by Ethereum. Just look at why Ethereum rose to the rank, and you can see why...it is all about the function or use-cases.

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February 16, 2021, 11:35:14 AM
 #8

transaction fees is qiuet low, which makes user to attract towards it.
As per graph from past few months it's behaviour is impressive performance.
Besides that etherum is fluctuating and overrated transaction fees
Fees don't really matter. Lots of coins have better fees than the top 10 cryptos, but that doesn't mean anything when the coins themselves are useless. BCH is a fork and is hence useless.

Ethereum is fluctuating..? How about BCH, which went from ~$250 to >$700 in such a short time? BCH is fluctuating as well, it's just that there hasn't been a significant drop yet.
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February 16, 2021, 12:53:03 PM
 #9

#Bitcoincash I just made a small amount of bitcoin cash as donation. It is special because the transaction fees is qiuet low, which makes user to attract towards it.
As per graph from past few months it's behaviour is impressive performance.
Besides that etherum is fluctuating and overrated transaction fees
It won't and bitcoin cash is not the strong candidate to overtake ethereum. ADA, DOT and binance should be the best candidate to overtake ethereum and why? these coins are good coins and bitcoin cash is still nothing compared with those coins consider from its usefulness, utility, and benefit that can be got by the users.
I won't even believe the fork coin can replace the platform that already developed a genuine innovation called smartcontract. It's an impossible thing to happen dude.
I just say this based on the reality.

yes you're right, the top candidates should be binance, cardano or polkadot. bitcoin cash is not in this tight competition. But even so, I also doubt Ethereum can be defeated. Ethereum's current problem is only the high cost of gas, but if we put all that aside. everyone is still loyal to ethereum, so it's hard to get all ethereum fans to switch to another platform.

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February 16, 2021, 01:01:56 PM
 #10

That BCH is just a small stunt. They won't overtake Ethereum, not a chance at all. It's more likely that Ethereum would be set aside by the new users of cryptocurrency because of the extremely high fee alone, and other famous crypto with smart contract would likely be attractive. Ethereum is just not user friendly for the new users at all, at least for now.
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February 16, 2021, 01:08:56 PM
 #11

#Bitcoincash I just made a small amount of bitcoin cash as donation to bitcoin cash to the moon. It is special because the transaction fees is qiuet low, which makes user to attract towards it.
As per graph from past few months it's behaviour is impressive performance.
Besides that etherum is fluctuating and overrated transaction fees
BCH will also face the transaction fee issue when the price increase over ethereum even per unit but I don't think people who care about ethereum will move to BCH which is fork for bitcoin. There are lot of other choices for people like Tron network due to negligible fee or Dogecoin for cheaper and potential coin for long term holding.
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February 16, 2021, 01:12:11 PM
 #12

It is funny when people still use transaction fees as the only criteria they are looking for in a project, BCash today is not as secure as Ethereum and they are is a reason why people are still using Ethereum despite the high gas fees because it is on most of these Dapps are being run. Projects like BCash seems to be the past unless they can rebrand and add features that people want


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February 16, 2021, 01:15:49 PM
 #13

I'm pretty sure that BCH will never overtake ETH. If you compare the prices now, then you see that ETH has reached it's new ATH during this bullrun while BCH is currently only at 1/4 of its ATH which indicates to mee that it has become less relevant in the last months.
Also ETH offers a lot of functionality while BCH is just a BTC fork without uniue features, therefore i don't see any reason why BCH should overtake ETH in the future.
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February 16, 2021, 05:49:50 PM
 #14

in my opinion, BCH is a pretty strong coin for now. the proof, BCH is still in the top altcoin in CMC. however, when compared to ethereum, I don't think BCH can surpass Ethereum. This can be seen from the development of ethereum and BCH, which are quite different. In the past, BCH may have chosen a great performance, but until now it hasn't been proven to have a better performance than ethereum.

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February 16, 2021, 10:11:06 PM
 #15

It won't take over Ethereum.

That's a dream that won't come true. We know that bitcoin cash doesn't have the same community as other altcoins that are fun. It's more of this coin is still fighting for its label as the bitcoin.

And that doesn't like by most of the people in the community and it's better to stop thinking about it being a coin that's high than others.

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February 16, 2021, 10:52:49 PM
 #16

Besides that etherum is fluctuating and overrated transaction fees
Are not you seeing even the whole of crypto have an unstable price? there's no reason for bitcoin cash will take over ethereum caused by the price is unstable and that's a non-sense reason IMO.
The tx fees on ethereum network might go down sometimes but this is no predictable consider that depends on the traffic on the network.
Bitcoin cash is also fluctuating dude. I think that you must think about that again.

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February 17, 2021, 05:39:03 PM
 #17

BCH is a pretty strong coin for now. The best proof, BCH is still in the top altcoin in CMC. When compared to ethereum I'm pretty sure that BCH will never overtake ETH. They won't overtake Ethereum, not a chance at all.

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February 19, 2021, 04:58:03 PM
 #18

Bitcoin and Ethereum are very strong coins. A lot of money of very rich people has been invested in them. And in my opinion, these rich people will not allow BTC and ETH to fall. Now BCH shows good results, but the coin is very far from the level of the first and second cryptocurrencies. Lips sealed

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February 19, 2021, 05:31:22 PM
 #19

can't simply claim that Bitcoin Cash can overtake Ethereum. You can't be sure of that. and we need to remember that Bitcoin Cash took off from its parent, namely Bitcoin in the hope that it would be better, in fact it was actually something that would be very bad. parent will continue to lead and accompanied by Ethereum behind him.

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February 19, 2021, 05:52:14 PM
 #20

Bitcoin cash will never take over Ethereum of Bitcoin.  First off bitcoin cash and ethereum are not in competition with each other just as bitcoin and ethereum are not.  Bitcoin / Bitcoin Cash are digital money transacting coins, where Ethereum is a smart contract coin that is meant to use and build smart contract applications.  Ethereum is on fire right now, and even though I don't believe Ethereum is even close to being able to bring to life the kind of smart contract projects that many think it is or has, I do think one day it will. 

I would personally be betting on Litecoin before I'd bet on bitcoin cash. 

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