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Topic: A lot of newbies buying the wrong coin. Be carefull! - page 15. (Read 2652 times)

sr. member
Activity: 771
Merit: 293
Wrong coins? Nothing wrong with those people, BTC and BCH has a different.
If you say that BCH is "the real Bitcoin", then bounty rewards on this forum must be paid in BCH, am I right?
legendary
Activity: 1092
Merit: 1001
At August 8, 2017  Bitcoin forked. Now there are two "bitcoins" but just one is what Bitcoin used to be (Bitcoin Cash aka BCH) while the other one is just digital lead (Bitcoin Core aka BTC).

But...... are you seriously posting this just right now?

it has been forked on the 1st of August, not on the 8th.

And no, i do not think that there are still so many dumb people left who are not even capable of see if they are buying bitcoin or bitcoin cash.
full member
Activity: 448
Merit: 102
Newbies and everyone who wanna buy they should get informed first. Be smart and make the best decisions
Yes, I agree with you, this is because the newbie has no knowledge of bitcoin and crypto, usually they only think of the advantages and then quickly buy it, without knowing whether it is bitcoin or altcoin?
In addition, it is our duty to help and guide them, sharing knowledge and experience with them is the solution to keep them safe from risk.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Seriously! Your topic is a commercial for Shitcoin Cash. We need a mod to move this thread to altcoin announcements.
newbie
Activity: 172
Merit: 0
I am very careful if you want to buy coins because I have to know the price of the coin so as not to misunderstand later if there is a loss, therefore I always ask my team or my senior so that later will benefit Grin
sr. member
Activity: 798
Merit: 268
Newbies and everyone who wanna buy they should get informed first. Be smart and make the best decisions

If you are new in this market you should not invest on the things that you cannot fully understand. Newbie must study everything about the coin and should be equip with the right information so you will not loose money in the future. Your knowledge is your best power to use for in this risky market even you invest on bitcoin you still need to study further.

This is a must! In order to survive you need to be knowledgeable and make an extra effort to learn more about the specific coin. We all make mistakes in the first place, buying shit coins and ended up loosing the money. The good thing is that we learn but in an exepensive way, so better to study first before you come up to a decision.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
Newbies and everyone who wanna buy they should get informed first. Be smart and make the best decisions

If you are new in this market you should not invest on the things that you cannot fully understand. Newbie must study everything about the coin and should be equip with the right information so you will not loose money in the future. Your knowledge is your best power to use for in this risky market even you invest on bitcoin you still need to study further.
legendary
Activity: 1876
Merit: 3132
Why won't you try to convince us instead of saying that Bitcoin Cash (aka Bcash) is the Satoshi's vision of Bitcoin? I don't neglect it but I would like to hear some good arguments. It would be nice if you could create a thread which aim would be to explain the differences between all Bitcoin forks. Why would I buy Bitcoin Cash when I can buy Bitcoin Gold which is cheaper and can be mined with GPUs? Why increasing the blocksize is better than the Lightning Network which is slowly getting ready?
sr. member
Activity: 868
Merit: 266
Of course it's one's own responsibility buying altcoins without any knowledge or experience. Hopefully they learn from it when they've bought the wrong altcoins and hopefully it's not an expensive lesson.
The reason why most newbies are choosing BTC over BCH is because they see the current value of the two and from that they make their decision and also because BTC is very popular thats what drives most of the people into investing into that coin.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
There aren't 2 "Bitcoin", but 2 cryptocurrency with different name which is Bitcoin and Bitcoin Cash. While i disagree with Bitcoin Cash scaling solution & roadmap, people/services/exchange shouldn't misleading Bitcoin with Bitcoin Cash, especially when users buy Bitcoin but got Bitcoin Cash and vice versa.
Well, most people actually call Bitcoin Core just Bitcoin but there are other people out there calling Bitcoin Cash just Bitcoin, decentralization makes impossible to have consensus amoung every one of us but when I say there are 2 Bitcoins I mean 2 coins with the code written by Satoshi (althought BTC was modified with Segwit).

Do you really support the LN? Shocked

If your answer is Yes, please watch this video: https://www.youtube.com/watch?v=k14EDcB-DcE
I have my doubts that is the majority it seems you support bitcoin cash and that is fine but the official name of the fork is bitcoin cash, they were the ones to fork if instead the devs were the ones to hard fork the coin and leave then the altcoin will be bitcoin core and we will consider it as such, the miners decided to start their own independent project despite the fact they knew too well we will get a bunch of forks afterwards and that situation will create even more confusion as to which coin is the real bitcoin.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
Of course it's one's own responsibility buying altcoins without any knowledge or experience. Hopefully they learn from it when they've bought the wrong altcoins and hopefully it's not an expensive lesson.
sr. member
Activity: 518
Merit: 268
That comparison is made in favor of Bcash, it's just propaganda.
Your comparison doesn't even mention SegWit, which is a big advantage of Bitcoin, it allows Lightning transactions on the mainnet.
A stable lighting implementation for Bitcoin Core will make all altcoins unnecessary, including your Bcash.
Lightning transactions offchain, not on the mainet. Watch the video and repply me again after doing this https://www.youtube.com/watch?v=k14EDcB-DcE
Segwit makes 0 confirm transactions (faster than LN) unsecure, how is this an advantage?

LN will never work, is too difficult and expensive to open and close lightning channels.


PS: BCash is a fork of ZCash (https://medium.com/@freetrade68/announcing-bcash-8b938329eaeb), I was talking about Bitcoin (Cash) this kind of uninformed comments just make the enviroment more confusing to the newbies.
After you close the channel it will be broadcast on the mainnet, like the video also mentions.
There is a reason why I mentioned 'A stable lightning implementation', sure there are some problems that we don't have a solution for yet but does that mean we never will? Increasing the blocksize is too easy and just adds more centralization. If Bitcoin would be subjected to the same blocksize increase then I wouldn't be able to keep my node running, because it would cost my to much space.
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
This is good info. I think you shouldn't buy if you don't understand crypto. Learn first and then buy
Sure! More you learn, more BCH you hold and less BTC.
member
Activity: 308
Merit: 10
This is good info. I think you shouldn't buy if you don't understand crypto. Learn first and then buy
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
That comparison is made in favor of Bcash, it's just propaganda.
Your comparison doesn't even mention SegWit, which is a big advantage of Bitcoin, it allows Lightning transactions on the mainnet.
A stable lighting implementation for Bitcoin Core will make all altcoins unnecessary, including your Bcash.
Lightning transactions offchain, not on the mainet. Watch the video and repply me again after doing this https://www.youtube.com/watch?v=k14EDcB-DcE
Segwit makes 0 confirm transactions (faster than LN) unsecure, how is this an advantage?

LN will never work, is too difficult and expensive to open and close lightning channels.
Just nerds will understand the basic setup steps of the LN :

PS: BCash is a fork of ZCash (https://medium.com/@freetrade68/announcing-bcash-8b938329eaeb), I was talking about Bitcoin (Cash) this kind of uninformed comments just make the enviroment more confusing to the newbies.
sr. member
Activity: 518
Merit: 268
That comparison is made in favor of Bcash, it's just propaganda.
Your comparison doesn't even mention SegWit, which is a big advantage of Bitcoin, it allows Lightning transactions on the mainnet.
A stable lighting implementation for Bitcoin Core will make all altcoins unnecessary, including your Bcash.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
There aren't 2 "Bitcoin", but 2 cryptocurrency with different name which is Bitcoin and Bitcoin Cash. While i disagree with Bitcoin Cash scaling solution & roadmap, people/services/exchange shouldn't misleading Bitcoin with Bitcoin Cash, especially when users buy Bitcoin but got Bitcoin Cash and vice versa.
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
There aren't 2 "Bitcoin", but 2 cryptocurrency with different name which is Bitcoin and Bitcoin Cash. While i disagree with Bitcoin Cash scaling solution & roadmap, people/services/exchange shouldn't misleading Bitcoin with Bitcoin Cash, especially when users buy Bitcoin but got Bitcoin Cash and vice versa.
Well, most people actually call Bitcoin Core just Bitcoin but there are other people out there calling Bitcoin Cash just Bitcoin, decentralization makes impossible to have consensus amoung every one of us but when I say there are 2 Bitcoins I mean 2 coins with the code written by Satoshi (althought BTC was modified with Segwit).

Do you really support the LN? Shocked

If your answer is Yes, please watch this video: https://www.youtube.com/watch?v=k14EDcB-DcE
copper member
Activity: 648
Merit: 159
There a lot of forked coin from bitcoin, go to wikipedia and type bitcoin fork. All kind of bitcoin fork will show up such as bitcoincash, bitcoin diamond, bitcoin gold etc. They can chose whatever coin they want to invest, every body got their own mind about it, and if that fork really improve something such as reduce fee and make faster transaction there no time to wory about wich one is real.
member
Activity: 308
Merit: 10
that's a very goid notice you've given. It's difficult understanding crypto if you are new. Even those who have already spent sometime in it find it difficult sometimes but just be careful and then you'll flow with the system. We are all learning. You can even be scammed if you are even a hero member. Thanks once again for the awareness
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