Topic: Bitcoin Cash vs Bitcoin SV - page 10. (Read 24339 times)

Exactly. Bitcoin Cash's community has teared apart right after the recent hard fork. If everything was thought out smoothly with ABC implementing replay protection, then none of this mess would've happened. However, because both Craig and Roger become too stubborn to protect their chains (starting a hash war), people have lost confidence in both BCH and BSV. Not to mention, ABC had implemented centralized checkpoints which defeat the true purpose of a blockchain (which is to eliminate the middleman). On the other hand, BSV with its huge block sizes would eventually become extremely centralized if they become filled to the max.

Which is why, I believe that Bitcoin (BTC) will prevail in the long term, since it's the only cryptocurrency with a decentralized approach towards scalability. Of course, many have criticized LN, but compared with other scaling solutions (like block size increase), it's the most decentralized.

In the meantime, both BCH and BSV's value combined is much lower than it was before the hard fork. I doubt that these cryptocurrencies would get anywhere especially after they've lost confidence from people in the mainstream world. But only time will tell us what will really happen with the future of BCH. Just my opinion

Bitcoin Cash has the edge between the two. BTC cash has already made its wallet exchange in the Philippines while Bitcoin SV doesn't have any yet. That indication shows the difference between the two coin. Don't get me wrong, both of them are worth holding but the other one is just a bit better since it offers a service that is much really needed in our country.

I know before time that it will later comes to this as this is not a surprise to me, Let's keep watching and see how things will unfold in the future for these coins, for me bitcoin will always come on top in the end.

these are two identical coins and I see no point in separating them. it seems to me that it is meaningless

One element that affect Bitcoin's price is the war with these bitcoin cash. I don't know who will win this war.

They probably thought that this fork would have similar effects like bch fork on august 2017, everyone predicted apocalypse then and we had biggest bull run in history! But we got hit just opposite of that! They are greedy power hungry individuals, no matter what altruistic messages they send!

It looks like the story about bitcoin cash will be ended asap consider about that guy roger ver was realizing if that was hurting his portfolios too. That guy should learn a lot from this case and that's it.

Well there is saying: What doesn't kill you makes you stronger! So based what this fork did to btc and all market, and we survived, we should hope that btc is gonna get out of all this stronger than ever!

the bitcoincash community broke because of the hardfork bch, is this hf very important to do? and this has a profound impact on the price of BTTC, which then has an impact on the price of the altcoin on the market

I don’t know exactly why, but I prefer the bitcoin cash. As for me, he will return his position and become popular again.

Yes. Both ABC and SV are mining at a huge loss, although losses have been reduced as a result of a split between both chains. SV has already implemented replay protection, which has now become a separate chain of the BCH blockchain. Despite this, it's still more profitable to mine Bitcoin than either BCH or BSV (based on Coin Dance figures). I don't see any reason why miners would support a chain where it's highly centralized and manipulated by their players. Their money could be easily lost in an instant if another hard fork is announced producing another "Hash War".

This disastrous outcome between ABC and SV, have caused the whole crypto market to panic. Even the original Bitcoin (BTC) has suffered from losses in price and mining hashrate because of the BCH "Hash War". It may take a while before everything else recovers, while both BCH (ABC) and BSV fade into oblivion. I've seen many investors quit from BCH right after the "Hash War" to join Bitcoin once more.

If BCH (ABC) and BSV don't provide true development and usability for the mainstream world, then they'll become useless cryptocurrencies. In fact, they're useless nowadays, unless they take the right direction towards decentralization and quality development. Just my opinion

Yes these currencies are only for the use of traders that they do trade with them and are earning money. Some may adopt them for their businesses for giving support to these coins but in the long term it may not survive and Bitcoin will be the one coin which will be accepted globally.

Bitcoin SV has the backing of hardcore fundamentalist as-with cant go to zero. It is the reason Satoshi created Bitcoin and cryptos existence.
Lightning on the other hand can go to zero is only backing is greed and clueless goofs.

You are so right about centralisation, roger and jihan mined half of abc and wright mined half of sv, so if something kill them, it will be centralisation and hunger for power.
They may be manipulated it but I don't think they predicted the avalanche of price drop it would cause, I believe that they are mining in heavy loss right now, whatever they mine!

Probably. However, I'm not sure if Bitcoin Cash and Bitcoin SV would survive, since they've had a bad reputation (especially BCH ABC) across the crypto space. Bitcoin Cash ABC used centralized checkpointing which is against Blockchain's true value proposition (decentralization). On the other hand, Bitcoin SV will become extremely centralized with highly-inflated block sizes that will render full nodes at home completely worthless.

As for Dogecoin, it has been able to survive (even if it was abandoned in development) mostly because of its decentralized model. Dogecoin resembles Bitcoin in every way, except for the type of PoW algorithm used and supply. There are no huge block sizes, and there's never been centralized checkpointing. Given how both Roger Ver and Craig Wright have manipulated the BCH blockchain and the market to their own will, it'll be hard to believe that Bitcoin Cash and Bitcoin SV would survive anytime soon.

Therefore, only the true Bitcoin (BTC) will survive while most (if not all) Bitcoin forks would simply die in the end. Just my thoughts

Even the creator of this shitty fork was creating another joke https://cointelegraph.com/news/roger-ver-sidelines-bitcoin-cash-war-to-present-crypto-bull-case
Does it make sense to see that? That's ridiculous and there's something wrong with him lol

Even today, I am more impressed with Bitcoin Cash.

There are many debates is lighting network improvement or death of bitcoin. I dont know, I think that many people are just too emotional about bitcoin, and that even if bch was just few votes from being bitcoin, people just wont accept that. If Doge coin can exist so long, and probably will for long time ago, I really can't see any objective reason for bch or any of his forks to die!

Agree. There are so many useless forks and altcoins nowadays, which serve no real purpose other than speculation. If the mainstream world accepts cryptocurrency as a tech for real purposes in life (instead of as an investment tool or speculation), then Bitcoin would've become a more serious cryptocurrency that would dominate them all. However, so many forks out of the Bitcoin blockchain, would destroy its credibility, IMO, since people would be afraid of investing into it in the first place, with fear that their coins would get double spent in a split.

Not implementing replay protection (like Bitcoin SV did) could be extremely harmful for the underlying blockchain that has undergone the process of a hard fork. Both Bitcoin Cash (ABC) and Bitcoin SV, have had some serious issues during the weeks of the Hash War. If everything would've gone smoothly in the first place, then the market wouldn't had been negatively impacted like it is right now.

In the end, I believe that both Bitcoin Cash (ABC) and Bitcoin SV will die as they don't serve real purpose in life other than speculation. The original Bitcoin (BTC), with SegWit and LN, is heading into the right direction towards scaling in the safest way possible. Huge blocksizes would eventually fail, since people would not be able to meet the storage and bandwidth demands required to run a full node. Hence, only corporations would be able to support the BCH and BSV blockchains if they continue to increase their blocksizes at a fast pace over the long term.

Nonetheless, if it wasn't for Bitcoin's success, none of these forks would've had some attention in the mainstream world. They only carry the Bitcoin name/brand, but nothing more. Just my opinion

Unfortunately banks changed bitcoin and fundamentalist bitcoiners dont like it, so they separate from the bankers version and reclaim original interpretation.