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Topic: Bitcoin + Bitcoin Cash.... - page 2. (Read 1107 times)

jr. member
Activity: 115
Merit: 2
October 19, 2017, 10:47:29 AM
#41
No idea where the other hardforks are going to be but i suspect that each subsequent contentious bitcoin hardfork will be valued less and less until they become irellevant as a competitor to the parent.

If there comes a time when i as a stakeholder in bitcoin am compelled to support a hard fork i will seriously consider just opting out as a sensible alternative.

As for bitcoin cash being used for small transactions and stuff, wel i would like to see litecoin be able to fill that role. u know whenever bitcoin cash falls under the market cap of litecoin then i reckon litecoin will take off


As for the eda, i think i heard about some rumor on bitcon cash undergoing a noncontentious hardfork to remove the eda. and they might couple that with an artificial fomo inducing pump thing but they already tried that a couple times and there is also b2x coming and those will compete for the same hashpower. losing the eda will probably lead to bitcoin cash ultimate demise.
full member
Activity: 254
Merit: 100
October 19, 2017, 10:43:59 AM
#40
Bitcoin Cash is only staying alive because of the EDA.  It is hanging on to dear life because of the EDA plus there are some miners that are mining at at a loss.  When the miners jump off the chain, there it sometimes takes like 40 minutes for a block, so it effectively becomes much slower than Bitcoin.  

If there is another fork and there are 3 Bitcoin chains with 2 of them being more profitable, then BCH will die.  I don't see that scenario though, there are quite a few BCH fanatics so the coin should have higher value than SW2X which I don't think will have buyers unless exchanges trick people into buying them as Bitcoin.  

That being said they need to fix the EDA in BCH  because it's causing high inflation.  But if they fix the EDA, what miner is going to mine on this chain long term when it's not profitable?

Even assuming the above problems all work out for BCH, another major problem is it has no competent developers.  Bitcoin will be moving forward with Segwit adoption, Lightening Network, possible Mast, etc.  BCH innovation is going to be keep on increasing block size?  Grin
hero member
Activity: 1050
Merit: 529
October 19, 2017, 10:39:13 AM
#39
Redundant. If that's the solution, why not just use an altcoin for that? Tongue
Exactly why wouldn't I just use ETH, which has much less fess and faster confirmation time. BCH is just another alternative for it, nothing special about it IMO.
full member
Activity: 364
Merit: 100
October 19, 2017, 10:33:36 AM
#38
it will happen in the future bitcoin later in use as a means of home and car buying,
full member
Activity: 630
Merit: 102
October 19, 2017, 10:32:59 AM
#37
I think Bitcoin (BTC) is enough to handle any crypto payments, so why do we need Bitcoin Cash? Whats the point of using it? I prefer LTC & DASH, over Bitcoin Cash. LTC and Dash has more stable coin price, not centralized ,with true real miners.

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

I really agree with what you say, maybe just with BTC it's all clear enough for payment, because with BTC payment everything can be run, no need with BCH, because BCH really make things more difficult in the future.
sr. member
Activity: 518
Merit: 271
October 19, 2017, 10:25:12 AM
#36
Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc
well bitcoin is can do all of that stuff there is no need to use bitcoin cash it is just exact copy of bitcoin with 8mb blocks please stop making these shills it is very annoying. it is better to use a lite coin and ethereum if you are doing day-day transactions than bch. bitcoin cash is a complete failure made by some businessman who wants to make a fail coin.
sr. member
Activity: 1372
Merit: 255
October 19, 2017, 10:20:42 AM
#35
I think Bitcoin (BTC) is enough to handle any crypto payments, so why do we need Bitcoin Cash? Whats the point of using it? I prefer LTC & DASH, over Bitcoin Cash. LTC and Dash has more stable coin price, not centralized ,with true real miners.

Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc
legendary
Activity: 1302
Merit: 1007
October 19, 2017, 10:14:02 AM
#34
From an objective perspective these seem like two completely different currencies trying to serve two distinct purposes. It seems to me that while Bitcoin was created as a cryptocurrency meant to store value and transact with it, Bitcoin Cash is more oriented towards microtransactions without having long term viability too much in mind. I do not know the full specifics on this, but I feel like the only reason it was even started as a fork from the regular Bitcoin blockchain was so that it could gain popularity from the name and from being considered the "new" Bitcoin. While I do see the place for both of these, I would not be surprised if another cryptocurrency already existed that is better than Bitcoin Cash. I simply do not follow alt coins much.
sr. member
Activity: 1400
Merit: 420
October 19, 2017, 03:24:29 AM
#33
Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

why?

please use your brain before writing something like this. why would anyone use Bitcoin Cash for small transactions when there are so many other altcoins with much better features, so much lower fee, faster transactions and lots more! even Dogecoin would be better than BCH for that matter!

I am also puzzled by this. Every week nother new coin or announcement, what's the point. The vast amount of businesses don't even recognize bitcoin. Also there is litecoin for smaller, fast transactions. I don't see the point of all these forks, in the end very few survive and every fork weakens the original, to what good?

Bitcoin cash was a product of a fork, it is an inevitable product of bitcoin's transaction that was left on the blockchain, and this coming October 25th BTG will be released again. Originally these coins already exist but with no value people are just putting value on it. If it will have less users then it will never have a value.

Litesoin is considered an Altcoin means it was created by a group of developers with a particular purpose.
full member
Activity: 350
Merit: 112
Ecosystem for Fundraising DAOs — ICOs 2.0
October 19, 2017, 02:30:39 AM
#32
Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

why?

please use your brain before writing something like this. why would anyone use Bitcoin Cash for small transactions when there are so many other altcoins with much better features, so much lower fee, faster transactions and lots more! even Dogecoin would be better than BCH for that matter!

I am also puzzled by this. Every week nother new coin or announcement, what's the point. The vast amount of businesses don't even recognize bitcoin. Also there is litecoin for smaller, fast transactions. I don't see the point of all these forks, in the end very few survive and every fork weakens the original, to what good?
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
October 19, 2017, 02:25:58 AM
#31
No. I would rather use another coin rather than bitcoin cash which is just made to milk money.
Litecoin is much used than them, could be a better option.
Or why not just use bitcoin for every transaction.
There are coins now which are making services for different areas they could also be voted for that.
hero member
Activity: 854
Merit: 500
October 19, 2017, 02:22:37 AM
#30
Instant and very cheap/almost free transaction is possible in original bitcoin chain in near future so why should we have to rely on bitcoin cash for micro transactions.
legendary
Activity: 3668
Merit: 6382
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October 19, 2017, 02:14:32 AM
#29
Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

Bitcoin normal transactions will be used for big purchases.
Bitcoin's SegWit will be used for small fast transactions.
Bitcoin cash will be used only by a few people that don't want to face the reality. And it'll be fewer and fewer...
legendary
Activity: 1120
Merit: 1000
October 19, 2017, 02:13:06 AM
#28
Until we have internet connection bitcoin users can dream! Obviously internet connection will exist unless there is a war or a big catastrophic natural disaster!
I think we will be able to buy everything with BTC, or even BCH, it's just a difference in their quantity that might affect in the end! And I guess this coins shouldn't get discrimined, they will be used for everything if they survive in the market, maybe will not be to much used!
although there will be a war or natural disaster that causes the internet connection to be lost, we do not have to worry because the bitcoin we have will not disappear, because someday everything will be restored and access to bitcoin that we have will be maintained, but the problem that will arise is bitcoin prices are sure to drop dramatically, as their use will be limited
Even do not need to worry about the users of bitcoin, because with the passage of time the users of bitcoin are increasing and we can expect that even if there is nature desater or anything else people will feel the need to use bitcoin. I think that bitcoin is becoming more stronger with the passage of time and therefore we can expect that bitcoin remain as for ever and will continue increasing from time to time.
sr. member
Activity: 476
Merit: 255
October 19, 2017, 02:11:38 AM
#27
Bitcoin is supposed to be used in large transactions because sending fee are more expensive. But I think not only BCH is worthy to use in small transactions because many other altcoins are still usable. If you only use BCH it's an option, but others don't have to do it. They have a more option than BCH, there is ETH, LTC, ETC, and Dash. I think BCH at this time still not safe yet for use to buy a products/goods, because many people still don't trust this coin and they just trade it.
full member
Activity: 406
Merit: 100
October 19, 2017, 01:21:40 AM
#26
Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc

yes maybe in the future will happen. the current crypto innovation has spread and has become immense. many developers are bringing new ideas and methods. according to the positive things we can get is a future effect that you say.
full member
Activity: 379
Merit: 100
October 19, 2017, 01:01:33 AM
#25
Bitcoin is now available for direct trading in real estate. The other day I saw a real estate trading site that could be paid in bitcoin.
However, to extend to all people accustomed to bitcoin, of course, from the beginning of the small payment. Start with daily necessities. Because there are so many people using these goods. These people are used to paying in bitcoin, and a lot of high-value goods will be paid in bitcoin. Cool
sr. member
Activity: 700
Merit: 275
October 19, 2017, 12:44:47 AM
#24
Bitcoin will be used for big purchases in the future... cars + houses

Bitcoin cash will be used for small transactions.... coffee, smokes, dinner etc


I see no much difference between these two or any of the alts available out there. The whole thing runs in the same blockchain. So I don't think there is way to make them apart. It will be all about the people's choice what they want to use. Also, it's not about the price too., where bitcoin would be couple of thousand dollars worth and cash would be couple of hundred but it's not about the price for sure. There will be lot more ways to spend it. The time will come and define the fate.
full member
Activity: 395
Merit: 100
October 19, 2017, 12:35:24 AM
#23
Bitcoin cash is the clone of bitcoin and blockchain technology with increased block size, bitcoin cash is created by miners and developers of bitcoin those who had owned bitcoins during the hardfork has earned equal amount of bitcoin cash, user's are buying bitcoin cash with the thought that the value of bitcoin cash increases in the future. Both bitcoin and bitcoin cash has 16.5 million units in circulation, bitcoin cash is easier to mine which means the miners of bitcoin cash will be able to make double on bitcoin cash than bitcoin. compared to bitcoins the transaction fees is much lower for bitcoin cash.
sr. member
Activity: 742
Merit: 253
October 19, 2017, 12:30:56 AM
#22
Until we have internet connection bitcoin users can dream! Obviously internet connection will exist unless there is a war or a big catastrophic natural disaster!
I think we will be able to buy everything with BTC, or even BCH, it's just a difference in their quantity that might affect in the end! And I guess this coins shouldn't get discrimined, they will be used for everything if they survive in the market, maybe will not be to much used!
although there will be a war or natural disaster that causes the internet connection to be lost, we do not have to worry because the bitcoin we have will not disappear, because someday everything will be restored and access to bitcoin that we have will be maintained, but the problem that will arise is bitcoin prices are sure to drop dramatically, as their use will be limited
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