Pages:
Author

Topic: Bitcoin Cash is the future IMO - page 2. (Read 1184 times)

member
Activity: 96
Merit: 10
October 01, 2017, 11:05:05 AM
#34
Here is the real reason why BitMain promoted the Hard Fork that created BCH, instead of doing a safer Soft Fork to accommodate SegWit2.  The ASICBoost miner software would no longer work.  Thus the 30% savings ($100 million) annually would be lost, and AntMiner would be on a level playing field once again.  Bottom line PURE GREED!!! see the link below.

https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f
newbie
Activity: 46
Merit: 0
October 01, 2017, 10:31:46 AM
#33
Bitcoin cash is supposed to be more efficient as it allows more transactions per block than the original Bitcoin. Different from the previous challenger Ethereum, the similarly structured Bitcoin Cash implies that the old Bitcoin community can move to the new Bitcoin environment at ease. Once the current rally in the price of the original turns around, existing miners may find it more profitable to switch to the other Bitcoin. More importantly, following the BoE’s argument, the lower cost of transaction translates to a lower marginal cost, thereby the inflexion point, where marginal revenue equals cost, may appear later than the original Bitcoin. Hence, Bitcoin Cash would survive longer with the lower transaction. After all, the blockchain is said to bring about security, lower cost of transaction and, above all, efficiency.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
October 01, 2017, 08:35:15 AM
#32
First, Bitcoin blockchain is not going down radically.
There are so many transactions performed per day.
And Bitcoin Cash is yet to have the range of acceptability Bitcoin has already gained.
BCC still has a long way to go.
Just see if BCC could resolve the scalability issues. Any coins that still use blockchain will eventually become very slow when it have so many transactions going around and all of these are queueing to be confirmed by the miners.
such a nonsense reason i must say. Bitcoin is pretty slow because there's so many transaction around as you say and BCC is not yet.
legendary
Activity: 2982
Merit: 1028
October 01, 2017, 08:33:02 AM
#31
First, Bitcoin blockchain is not going down radically.
There are so many transactions performed per day.
And Bitcoin Cash is yet to have the range of acceptability Bitcoin has already gained.
BCC still has a long way to go.
that's reality mate, bitcoin cash still have a long way to go before gathering much attentions, because even we seen some delayed from bitcoin
transactions people still uses the service the reason is just simple bitcoin already gain the trust of investors and traders who played inside and
if bcc wants to gained attention as well he needed to create advance service which will drive people to take advantage.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
October 01, 2017, 08:28:37 AM
#30
We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.

Please provide proof of "BTC blockchain slowing down radically"

I am still waiting for OP to show a proof of his statement. I bet he can't.

Edit: BitcoinCash has no future at all.
sr. member
Activity: 1190
Merit: 256
October 01, 2017, 08:18:56 AM
#29
First, Bitcoin blockchain is not going down radically.
There are so many transactions performed per day.
And Bitcoin Cash is yet to have the range of acceptability Bitcoin has already gained.
BCC still has a long way to go.
hero member
Activity: 882
Merit: 544
October 01, 2017, 08:04:44 AM
#28
We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.
Whether it will be the future or not, and even if it is substantially faster, it will also get slower confirmation times in the long run when it is already being used by many users as many as the number of people using bitcoin today. Still even if it is substantially faster, All I care about is slow transactions being solved. Even if that is the case, i dont think it will really replace the current bitcoin that we have and use but still it is nice to divest in BCH.
sr. member
Activity: 504
Merit: 251
October 01, 2017, 07:53:50 AM
#27
Bitcoin Cash quickly became one of the top of cryptocurrencies (CoinMarketCap).
sr. member
Activity: 686
Merit: 250
October 01, 2017, 07:47:00 AM
#26
At this time , BTC and ETH have big exchange volume ! BCH need more works for be come top coin in Coinmarkcap
hero member
Activity: 994
Merit: 502
October 01, 2017, 07:08:40 AM
#25
Bitcoin cash always serves as an alternate platform for the bitcoin. Its been considered as an altcoin, and it got such an increased popularity due to the splitting happening from the all time popular and the long time sustained blockchain. Hope in future it might gain more popularity, but never get similar to bitcoin.
full member
Activity: 121
Merit: 100
October 01, 2017, 07:00:08 AM
#24
Bitcoin cash has sure future. It was just free cash at the moment.
full member
Activity: 224
Merit: 100
October 01, 2017, 06:44:30 AM
#23
even if BCH is faster than BTC, he is not enough faster!

Visa can handle 4000 transaction/second!

BTC and BCH are not the future of money but store of value YES!
member
Activity: 96
Merit: 10
Moirai ICO starts on 10/11/2017
October 01, 2017, 06:21:55 AM
#22
I don't think it will be possible
full member
Activity: 602
Merit: 110
October 01, 2017, 06:07:43 AM
#21
If anyone remembers the good old snake game, where the snake constantly increases its tail and each time it becomes harder to manage it. So it is here.
full member
Activity: 378
Merit: 100
October 01, 2017, 04:25:56 AM
#20
We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.
Surely it will cause serious problems later as many people will not be responsible for wandering even wanting the benefits of other people's income so that the riot arises continuously in a long period of time.
full member
Activity: 182
Merit: 100
October 01, 2017, 04:12:15 AM
#19
Bitcoin having many clone and this the way developer wants to extend to its potential. Bitcoin blockchain are crowded and making it slow as BCC exist many among us use it and in my opinion BCC have a quite success now as this new fork happening this November new coin related to Bitcoin will exist that they will call Bitcoin Gold like what happen to Bitcoin cash lets see what this will do to our community. In my opinion developer wants to divide us users and investors as bitcoin have a limited and few supply to the extend that it will not crash in the future. I believe that we should be adaptable in any available and possible outcome of this fork. Im on the middle of this as i support Bitcoin improvement. If any among these 3 co-related of bitcoin become leading in the future i will stay support each one of them....
legendary
Activity: 1946
Merit: 1137
October 01, 2017, 02:24:00 AM
#18
We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.

the real question is what makes you think bitcoin cash is faster than bitcoin?
right now nearly nobody uses bitcoin cash. the blocks are completely empty. they either only contain the coinbase transaction (an empty block) or have a couple of transactions inside. with block size of less than 100 kB.
you are comparing this to bitcoin which is processing 200K-300K transactions every day.

besides nothing is stopping bitcoin cash to have clogged up network too. it just needs a little increase in the number of daily transactions and a small super cheap spam attack to cripple the whole network.

and what have BCH really achieve? a bigger blockchain 8 times bigger than bitcoin? centralization of nodes and killing the key feature of bitcoin?
full member
Activity: 364
Merit: 118
Bounty Campaign Manager? --> https://goo.gl/YRVVt3
October 01, 2017, 01:59:21 AM
#17
We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.
"I am very long in BCH" what are trying to say dude?. Look, this is not enough reason to tell that BCH is the future, we don't have any technolohy to measure and predict the future of bitcoin, at the end of the day it will still be the supporters of bitcoin that makes bitcoin as the king of digital coins.
copper member
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
October 01, 2017, 01:57:17 AM
#16
As my friends said above nothing can be accurately predicted in crypto, so saying that financial institutions won't accept slow blockchains is like you are criticizing the blockchain and bitcoin. Bitcoin has been mass adopted very long ago and I think BCH doesn't really have the potential yet to rise as much as BTC.
sr. member
Activity: 420
Merit: 256
اللعنة
October 01, 2017, 01:52:11 AM
#15
We view that the BTC blockchain slowing down radically as mass approval carries on, finance institutions won't accept that slow block-chain once they are able to utilize the BCH block-chain that's substantially faster. I am very long in BCH.
I don't just think, so. I can not agree with you, especially that BCH was not even here for long since it was a new altcoin. And I don't really think that people will shift to BCH for as long as BTC, ETH, and LTC are there. I would still prefer ETH and LTC over BCH, especially that another rumored forking to BTC will be made, resulting to the creation of BITCOIN GOLD. I think, the creation of BITCOIN GOLD later will significantly affect the BCH instead of the BTC.
Pages:
Jump to: