BCH threat to BTC? - page 3. | Bitcointalksearch.org

illinest

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Quote from: Sithara007 on August 20, 2017, 01:23:56 AM

Quote from: Sadlife on August 20, 2017, 12:01:41 AM

Its not much of a threat to BTC, the koreans thought it was an upgrade to btc this may look a potential pump and dump as the price is not back up by solid investor but rather superficial. What would happen if the koreans realize that its not the coin they thought it to be. And plus bitcoin has far more stability in it's price cause it is supported by millions of merchants around the world, countries started accepting it and it is now widely use as a payment method. A newly born altcoin can never be a compete with bitcoin.

Don't think that the Koreans are that stupid. They must have carefully analyzed both Bitcoin and Bitcoin Cash. And a major part of the investment came from institutional players, as per the ground reports. These people might have found something positive about the future prospects of Bitcoin Cash. That said, even now there is hardly any chance of BCH overtaking BTC.

Maybe they figured out that Bitmain is backing BCH, and controls a majority of Bitcoin hash power! Tongue

It's very interesting that BCH and BTC seemed to be perfectly inversely correlated for the past 2-3 days. I know it's possible to manipulate these illiquid markets, but maybe that's not it. Maybe there really is something to this Metcalfe's Law stuff, and maybe we are seeing a network split occur in slow motion?

BitcoinerXX

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Quote from: Fatunad on August 20, 2017, 01:42:38 AM

Quote from: suvo05 on August 19, 2017, 01:11:16 PM

After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped. But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

Its not actually a threat and that kind of price increase is just really a normal thinking back in the past when bch do exist on the market its price rose up on 1k usd and suddenly crash back again on 200 usd which means there still hype and somehow a manipulation on its price which we cant really consider for this coin to be a thread on Bitcoin itself. Original would still remain as original.

bcash is a threat because it uses the same miners as bitcoin with lower difficulty due to faster adjustments. its a threat because currently it is 125% more profitable to mine on bcash than btc. if miners jump ship for more profit btc blocks will slow and people will jump ship also.

bcash is VERY much a threat.

if bcash dont drop in value soon there will be dark days ahead for btc and crypto.

Fatunad

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Quote from: suvo05 on August 19, 2017, 01:11:16 PM

After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped. But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

Its not actually a threat and that kind of price increase is just really a normal thinking back in the past when bch do exist on the market its price rose up on 1k usd and suddenly crash back again on 200 usd which means there still hype and somehow a manipulation on its price which we cant really consider for this coin to be a thread on Bitcoin itself. Original would still remain as original.

Jenn09

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I don't see BCH will be a threat to BTC coz BTC is a firm institution that no one can destroy, As we can see day by day that BTC price is strongly goes up coz many of us believing in this coins & no one will take place that. Meaning to say BCH will goes up but not takes place the position of BTC in crypto world

Sithara007

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Quote from: Sadlife on August 20, 2017, 12:01:41 AM

Its not much of a threat to BTC, the koreans thought it was an upgrade to btc this may look a potential pump and dump as the price is not back up by solid investor but rather superficial. What would happen if the koreans realize that its not the coin they thought it to be. And plus bitcoin has far more stability in it's price cause it is supported by millions of merchants around the world, countries started accepting it and it is now widely use as a payment method. A newly born altcoin can never be a compete with bitcoin.

Don't think that the Koreans are that stupid. They must have carefully analyzed both Bitcoin and Bitcoin Cash. And a major part of the investment came from institutional players, as per the ground reports. These people might have found something positive about the future prospects of Bitcoin Cash. That said, even now there is hardly any chance of BCH overtaking BTC.

Herbert2020

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bitcoin cash is not exactly a threat to bitcoin but i believe that it will continue to cause some problems for bitcoin as long as it is alive.
the most obvious kind of problem will be attacks they make against bitcoin publicly in the social media. and we all know that FUD of this type will always harm bitcoin and cryptocurrencies in general.
the other kind will be the mining kind. this may not be so serious but still it can cause some troubles as miners can switch anytime they want, leaving one chain with lower hashrate and the minimal damage is slower blocks and at worst it will be attack-able.

coynedterm

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Quote from: suvo05 on August 19, 2017, 01:11:16 PM

After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped. But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

No , Actually this is the better combination of the bitcoin with the BCH where investment by Bitcoin ( because we can see most of the investment has been done with the bitcoin than in bitcoin ) , so indirectly here increasing of demand in the bitcoin we are seeing to make investment in the BCH coin .
Here in the future both of these coins will grow together because both of these coins are made by the same team and after small times of interval these two coins will work over the market totally independent because in this start of the life of the BCH coin investors are less attracted but in two to three months people will fastly enter in in the bitcoin cash investment because this is that opportunity that we should not loose ( like the bitcoin in 2008) .
So overall no threat will be for the bitcoin due to bitcoin cash .

Sadlife

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Its not much of a threat to BTC, the koreans thought it was an upgrade to btc this may look a potential pump and dump as the price is not back up by solid investor but rather superficial. What would happen if the koreans realize that its not the coin they thought it to be. And plus bitcoin has far more stability in it's price cause it is supported by millions of merchants around the world, countries started accepting it and it is now widely use as a payment method. A newly born altcoin can never be a compete with bitcoin.

aoihs00

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Quote from: suvo05 on August 19, 2017, 01:11:16 PM

After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped. But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

Agreed, the price was not supposed to be like that for BCH. It has gone way high currently and when we were in the transition period of hard fork everyone was sure that BCH will be dumped like anything but exactly opposite happened with it and the price started rising up. Who knows there might be a time when we will have to trade BTC against BCH. We thought it would be zero and like other alt coins but as we can see things are different now. So we need more data until we can figure out what really happening. This might be the highest it can go or there might be chances it will go u more than this, nothings predictable at this time.

Zeke_23

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actually bch is not a threat to btc. bch is also just an alternative coin that circulate in the market. bch is nothing than btc. even its price is increasing now it is still nothing than the price of btc. btc reaches a lot of countries while bch is just starting.

BTC-BTC-BTC

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There is no threat to the bitcoin. Bitcoin cash just another alternative coin and it has its own market and going thru it own up and down cycles. The cryto market is big enough for another alternative coin.

Juggy777

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Quote from: suvo05 on August 19, 2017, 01:11:16 PM

After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped. But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??

I don't see it as a threat it's a bug filled coin and hardly people are using it or even remember of its existence. Many of us could have claimed it but I didn't and I know so many others who didn't. Simple reason was it's not worth it, it's stolen the name of Bitcoin but it's a alt and alts is the eneny and enemy always dies. Look Bitcoin is a brand this bcc is nothing but cheapskate trying to fool people and I think every one of us here is wise enough to know better.

jackhdt

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Current exchange rate: BCH/BTC : 0.193
The price is growing fast. I think BCH will increase in the next few days on reaching 0.3 BTC
BCH will become valuable coins after BTC but to take the head is very difficult

BitcoinerXX

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Quote from: cpfreeplz on August 19, 2017, 09:36:20 PM

Quote from: European Central Bank on August 19, 2017, 01:26:50 PM

anyone surprised by this pump needs to get out more.

there's less of it.

it was created to spook bitcoin.

roger ver announced the pump.

the koreans are so stupid they poured into it thinking it was an upgraded bitcoin.

it's the best pump and dump coin ever as it has that baked in flippening fear.

it also has 100% centralised mining and development so is basically the paypal of roger ver's dreams.

the real threat is the 2x coin if it happens. that would be a whole world of mess compared to this.

No way! It's only 97% centralized!! Hahaha.

It's a joke coin. It's basically a coin that only the lead dev mines but then they try to shove it down everyone's throat. The main difference is it was a very public bitcoin hardfork so that's the only reason anyone has evenhanded of it or thinks it's legitimate. It's NOT!!!

Quote from: BitcoinerXX on August 19, 2017, 08:30:35 PM

Quote from: |Bitkoin| on August 19, 2017, 05:17:06 PM

No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.

you guys are in denial, bcash is proving to be a very credible threat. the asian pump may just be the beginning. hash rate on bcash has tripled along with the price. the bcash attack is proving more successful then people thought it would be. if things don't swing back in favor of btc soon, this could be the end and just just the end of btc but the end of the cypto experiment in general. in any event, i think we'll know in the next 2 weeks.

When is Roger Ver planning the 51% attack?

https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/

the bitmain cartel has already attacked bitcoin with its hard fork and easier difficulty adjustments. to finish the job all the bitmain cartel has to do is move its considerable hash from btc to bcash. btc takes too long to adjust difficulty, the network will grind to a halt and people will probably jump to bcash. this is the bet the koreans are making.

the problem is, if its this easy to destroy bitcoin, then the whole crypto experiment is a failure. there's nothing stopping someone from doing the same to bcash in the future and so on. its sets a bad precedent and its going to be one big sad mess if bitcoin cant survive this.

jatin729

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Not yet , Because BCH is kid right now because it has just born. BCH may take 5 years to overtake the bitcoin.
example bicoin took 8 years to Achieve that popularity.

.

Question arises why i am taking 5 years for BCH to overtake BTC ?
Answer - When BCH created Price was about 170USD which was far more than value of bitcoin when btc.
that's why probability is higher for BCH.

cpfreeplz

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Quote from: European Central Bank on August 19, 2017, 01:26:50 PM

anyone surprised by this pump needs to get out more.

there's less of it.

it was created to spook bitcoin.

roger ver announced the pump.

the koreans are so stupid they poured into it thinking it was an upgraded bitcoin.

it's the best pump and dump coin ever as it has that baked in flippening fear.

it also has 100% centralised mining and development so is basically the paypal of roger ver's dreams.

the real threat is the 2x coin if it happens. that would be a whole world of mess compared to this.

No way! It's only 97% centralized!! Hahaha.

It's a joke coin. It's basically a coin that only the lead dev mines but then they try to shove it down everyone's throat. The main difference is it was a very public bitcoin hardfork so that's the only reason anyone has evenhanded of it or thinks it's legitimate. It's NOT!!!

Quote from: BitcoinerXX on August 19, 2017, 08:30:35 PM

Quote from: |Bitkoin| on August 19, 2017, 05:17:06 PM

No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.

you guys are in denial, bcash is proving to be a very credible threat. the asian pump may just be the beginning. hash rate on bcash has tripled along with the price. the bcash attack is proving more successful then people thought it would be. if things don't swing back in favor of btc soon, this could be the end and just just the end of btc but the end of the cypto experiment in general. in any event, i think we'll know in the next 2 weeks.

When is Roger Ver planning the 51% attack?

https://themerkle.com/unknown-bitcoin-cash-miners-control-almost-97-of-the-networks-hashpower/

Farfenkugel

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I think we can assume that bitcoin is not threatened by any coin. Alt coins are created in the hope to be a huge succes like bitcoin, but as proven, no coin has been a threat this far.

If there is any coin we should be looking at to put some pressure in the future is etherium imo.

BitcoinerXX

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Quote from: |Bitkoin| on August 19, 2017, 05:17:06 PM

No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.

you guys are in denial, bcash is proving to be a very credible threat. the asian pump may just be the beginning. hash rate on bcash has tripled along with the price. the bcash attack is proving more successful then people thought it would be. if things don't swing back in favor of btc soon, this could be the end and just just the end of btc but the end of the cypto experiment in general. in any event, i think we'll know in the next 2 weeks.

marky89

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Quote from: crypto_fan_boy on August 19, 2017, 04:27:06 PM

Lol, yesterday, I shorted BCH/BTC at a price 650 USD and I it screwed up -,- Thank god I pulled out soon and used really low margin for that... But I cannot wait to short this shit! Gonna the biggest profit I have ever done in margin trading, god (well, considering I will short it right in time) Cheesy

You sound just like the classic bitcoin bear, always waiting to short as the price keeps pumping. Tongue

This was definitely the popular sentiment recently, and it's exactly why I think BCH price has pumped so hard for the last day or so. Like any other altcoin, I'd be very careful shorting BCH until after it has seen significant price increase followed by distribution and stagnation. It could remain bullish for weeks or months before it's worth shorting to me. I don't like to short crypto, anyway. That's what forex and oil are for. Tongue

|Bitkoin|

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No way. This is out of the question. The price is rising because BCH is getting pumped by Koreans.

Topic: BCH threat to BTC? - page 3. (Read 2864 times)