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Topic: Bitcoin Cash vs Bitcoin SV - page 12. (Read 24308 times)

copper member
Activity: 294
Merit: 1
November 23, 2018, 07:16:28 AM
I do find the whole shenanigans very disgusting, all I see are bunch of greedy and egocentric individuals in power tussle and playing with the minds of investors. I hate to hear the fork thing, We won't be surprised hear another fork of either SV or ABC or both. All in attempting frustrate btc and the entire crypto but the king will always rise and keep ruling. Soon they should both be relegated to where other coins with the Bitcoin prefix are hiding on the Coinmarketcap, usually lower not among the top 100
full member
Activity: 462
Merit: 103
November 23, 2018, 07:16:20 AM
Yes, I saw that on coinmarketcap there were three coins the usual bitcoin cash and its two forks abc and sv. Then the usual bitcoin cash was replaced by abc, maybe he won the competition. As a result, such manipulation has hit the entire cryptocurrency market, even Bitcoin has fallen lower than everyone expected.
full member
Activity: 644
Merit: 113
November 23, 2018, 07:04:18 AM
I think Bitcoin SV don't have extra protection and holders of BCH should be careful about it. Though am not holding the coin but I don't think it will just fade off like this. The coin still have a very important role to play in the industry.
I found this block explorer and this could be a help for those who hold Bitcoin SV. This is what a ptoject should always have: https://bsvexplorer.info/
jr. member
Activity: 322
Merit: 5
W12 – Blockchain protocol
November 21, 2018, 01:30:11 PM
The split is now causing hash war which is in turn affecting the crypto market and i think they will continue to fork until they are tired, even the bitcoin sv might still split in the future.

......................., Bitcoin is still the original Bitcoin, ...................


Lol, can you point me to the section in Satoshis bitcoin whitepaper, where does it say anything about 3rd party implementation of a segregated witness at some stage (creating a payment channel, aka akin to opening a bank account)
https://www.bitcoin.com/bitcoin.pdf

The proper original Bitcoin is Peer to Peer, period.



Bitcoin was not created for greedy money whores like found today.

well this is not so simple to understand tat ypu will be able to maintain your business with different strategies right now
jr. member
Activity: 322
Merit: 5
W12 – Blockchain protocol
November 21, 2018, 01:29:22 PM
Recently, nChain announced that it will be forking to a new Bitcoin Cash node implementation known as Bitcoin SV (SV stands for Satoshi's Vision). This has been supported by Craig Wright (which claims to be the real Nakamoto) as he believes that it's the safest path to scaling yet. However, Bitcoin Cash devs (Bitcoin ABC) are against this new implementation of BCH, hence a split might occur in November leading to both coins with the same history of transactions (Bitcoin Cash and Bitcoin SV).

Bitcoin SV aims to scale indefinitely by allowing miners to choose their own block size, among several other improvements. Now it's believed that this will be the "real Bitcoin" just like what has been said about Bitcoin Cash before.

What do you think about this controversy? Will Bitcoin Cash splinter into two distinct factions? Or will it remain the same? It looks like there would occur a split of the main BCH chain, causing Bitcoin SV to emerge. However, only one shall survive in the market (if not both or none of them). Looking forward for your thoughts Smiley
well i tginkmthat it is really important foe you to know those thongs but i can not say taht i aj am a good specialist in this but i will learn
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
November 21, 2018, 01:28:16 PM
The split is now causing hash war which is in turn affecting the crypto market and i think they will continue to fork until they are tired, even the bitcoin sv might still split in the future.

......................., Bitcoin is still the original Bitcoin, ...................


Lol, can you point me to the section in Satoshis bitcoin whitepaper, where does it say anything about 3rd party implementation of a segregated witness (segwit) at some stage (creating a payment channel, aka akin to opening a bank account)
https://www.bitcoin.com/bitcoin.pdf

The proper original Bitcoin is Peer to Peer, period.


https://bitcoinsv.io/

Bitcoin was not created for greedy money whores, found today.
full member
Activity: 361
Merit: 101
November 21, 2018, 01:24:50 PM
I lost my money on bitcoin SV. To my mind these people are greedy.
Why do they need to create fork? Due to their actions crypto is down at the moment.
full member
Activity: 602
Merit: 100
November 21, 2018, 01:20:48 PM
Good riddance for BCH to get rid of Faketoshi.
This is a great idea, which I fully support, because I also don’t understand the meaning and application of this project in the world, I don’t see the application because all the possible options are already taken.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
November 21, 2018, 01:17:28 PM
The split is now causing hash war which is in turn affecting the crypto market and i think they will continue to fork until they are tired, even the bitcoin sv might still split in the future.

Agree. The Bitcoin Cash hash war has caused more harm than good to the whole cryptocurrency market. That's main reason why prices have started to decline even further. Before that, Bitcoin prices were between the $6,500 - $7,000 mark. However, right after the BCH hard fork, prices have tumbled and experienced a sharp decline way below the $5,000 bottom (in Bitcoin) many have believed that the year would end.

Until today, Bitcoin Cash is still at war, since both sides (ABC and SV) are mining at a loss. They might never stop until either one gets the BCH ticker/name. Considering the current state of the Bitcoin Cash blockchain, I'd say that it's pretty much destroyed. It'll be quite hard for Roger Ver or even Craig Wright to gain a reputation within the crypto sphere, as no one would trust them anymore. Their actions have caused a deep impact not only to Bitcoin Cash, but also to the rest of the cryptocurrency market. People would think twice before investing into cryptocurrencies, due to these "hash wars" which disrupt the crypto sphere in various ways.

As much as I hate forks, BCH ABC or BCH SV will not survive for long. Even if either side wins, I doubt that BCH will take off in the future. In the bright side, Bitcoin is still the original Bitcoin, and it's been a reliable cryptocurrency for payments (despite the slow transaction throughput and high fees). There's never been a hard fork which has disrupted the BTC blockchain for a while, making Bitcoin the most secure cryptocurrency in existence. That's why, Bitcoin will prevail over other forks in the long term. Just my thoughts Grin
legendary
Activity: 1722
Merit: 1014
November 20, 2018, 04:31:00 PM
#99
Am I the only one who doesn't care about BCH at all? Smiley
Don't understand who needs this trashcoin and why there is so much hype around it... What's the use of all these BTC forks?
jr. member
Activity: 196
Merit: 1
November 20, 2018, 03:16:47 PM
#98
how can we say now that all the hardfork happened and I think that the new coin will be very strong and will not get lost in the market
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
November 20, 2018, 03:12:55 PM
#97

If the banks would not have forked bitcoin to create the 3rd party implementation of a segregated witness bitcoin (creating a payment channel, aka akin to opening a bank account) no other bitcoin version would exist.
Bitcoin is a banks version, SV is continuation of how Satoshi created it, Peer to Peer.  A world of difference.
ABC is a chines miners version.
member
Activity: 406
Merit: 11
Until the end of time
November 20, 2018, 02:59:22 PM
#96
That's really the important point here. After more than a year of BCH trolls talking about being "the real bitcoin", trying to scam newbies in to buying their trash altcoin, and trying to start fights with BTC, they degenerated even further in to essentially a civil war. Now their trash coin has split in to two new trash coins, with Ver and Wright constantly at each other's throats. It's not exactly a healthy environment for ongoing development, which probably explains why BCH has done nothing but slowly lose value since it was created.

And all this time, BTC just keeps developing and growing, paying no attention to the pathetic infighting going on with this long forgotten about failed fork.

Exactly. There's no point in a "crypto civil war" as it will do more harm to the Bitcoin Cash brand than any good. This would give a false impression to newcomers into cryptocurrencies, as they would believe that it's not safe to invest into crypto anymore. Given how manipulative both sides have been (ABC with Roger Ver and SV with Craig Wright), it's been demonstrated how centralized Bitcoin Cash really is. Eventually, nobody would want to deal with BCH anymore as it fades away into oblivion.

While ABC has been claiming they've won the war, that's not true since neither side (ABC or SV) have been able to take over the BCH name/brand. Both are mining at a huge loss, until interest declines from both people and miners over time. As such, the BCH hard fork of November 15th, 2018 has effectively destroyed the BCH blockchain and reputation as we know it. It'll be quite difficult for BCH (ABC) to rise again even if it manages to perform a quick change in PoW to prevent attacks from the SV chain.

Nonetheless, many people might switch back to the original Bitcoin as it has remained solid in development and innovation with strong community support. With its Lightning Network it'll become stronger than ever, rendering block size increases completely unnecessary (which is good for decentralization). Therefore, Bitcoin (BTC) will prevail while Bitcoin Cash will be forgotten within the next months. Just my opinion Smiley

You made such a valid point and i have understand more about what the war is all about, but i am wondering why all this is affecting the bitcoin since the hash war is between BCH ABC and SV? why is it affecting btc?
copper member
Activity: 140
Merit: 1
November 20, 2018, 02:54:25 PM
#95
I think Bitcoin SV don't have extra protection and holders of BCH should be careful about it. Though am not holding the coin but I don't think it will just fade off like this. The coin still have a very important role to play in the industry.
member
Activity: 280
Merit: 10
better Days Ahead...
November 20, 2018, 02:41:03 PM
#94
The split is now causing hash war which is in turn affecting the crypto market and i think they will continue to fork until they are tired, even the bitcoin sv might still split in the future.
member
Activity: 504
Merit: 12
November 20, 2018, 02:30:18 PM
#93
Recently, nChain announced that it will be forking to a new Bitcoin Cash node implementation known as Bitcoin SV (SV stands for Satoshi's Vision). This has been supported by Craig Wright (which claims to be the real Nakamoto) as he believes that it's the safest path to scaling yet. However, Bitcoin Cash devs (Bitcoin ABC) are against this new implementation of BCH, hence a split might occur in November leading to both coins with the same history of transactions (Bitcoin Cash and Bitcoin SV).

Bitcoin SV aims to scale indefinitely by allowing miners to choose their own block size, among several other improvements. Now it's believed that this will be the "real Bitcoin" just like what has been said about Bitcoin Cash before.

What do you think about this controversy? Will Bitcoin Cash splinter into two distinct factions? Or will it remain the same? It looks like there would occur a split of the main BCH chain, causing Bitcoin SV to emerge. However, only one shall survive in the market (if not both or none of them). Looking forward for your thoughts Smiley
Wow, you know about this fork 6 months ago? I heard about this fork one month ago for the first time.
But, I hope that, this was the last hard fork of Bitcoin. Because what is happening now is total disaster! Market is crashing because some guys need to boosting their egos.
I also did not hear about it. I agree with these guys just to do something, not only that they are at war with each other and spend their money, because of them the entire crypt market is collapsing!
full member
Activity: 602
Merit: 101
November 20, 2018, 01:56:01 PM
#92
I do not think that there is any sense at all to talk about these forks as real projects, you have to understand this, because many people are being frankly deceived now and they just don’t try to understand something.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
November 20, 2018, 01:26:37 PM
#91
Go SV (Satoshi implementation of Bitcoin) no need for bankers third party implementation (segregated witness) of bitcoin.
Peer to peer is the only future.
Satoshis bitcoin whitepaper, where does it say anything about 3rd party banking style bitcoin.
https://www.bitcoin.com/bitcoin.pdf

Quote
“The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.”

– Satoshi Nakamoto



legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
November 20, 2018, 12:50:20 PM
#90
That's really the important point here. After more than a year of BCH trolls talking about being "the real bitcoin", trying to scam newbies in to buying their trash altcoin, and trying to start fights with BTC, they degenerated even further in to essentially a civil war. Now their trash coin has split in to two new trash coins, with Ver and Wright constantly at each other's throats. It's not exactly a healthy environment for ongoing development, which probably explains why BCH has done nothing but slowly lose value since it was created.

And all this time, BTC just keeps developing and growing, paying no attention to the pathetic infighting going on with this long forgotten about failed fork.

Exactly. There's no point in a "crypto civil war" as it will do more harm to the Bitcoin Cash brand than any good. This would give a false impression to newcomers into cryptocurrencies, as they would believe that it's not safe to invest into crypto anymore. Given how manipulative both sides have been (ABC with Roger Ver and SV with Craig Wright), it's been demonstrated how centralized Bitcoin Cash really is. Eventually, nobody would want to deal with BCH anymore as it fades away into oblivion.

While ABC has been claiming they've won the war, that's not true since neither side (ABC or SV) have been able to take over the BCH name/brand. Both are mining at a huge loss, until interest declines from both people and miners over time. As such, the BCH hard fork of November 15th, 2018 has effectively destroyed the BCH blockchain and reputation as we know it. It'll be quite difficult for BCH (ABC) to rise again even if it manages to perform a quick change in PoW to prevent attacks from the SV chain.

Nonetheless, many people might switch back to the original Bitcoin as it has remained solid in development and innovation with strong community support. With its Lightning Network it'll become stronger than ever, rendering block size increases completely unnecessary (which is good for decentralization). Therefore, Bitcoin (BTC) will prevail while Bitcoin Cash will be forgotten within the next months. Just my opinion Smiley
sr. member
Activity: 1176
Merit: 265
November 19, 2018, 06:38:11 AM
#89
Recently, nChain announced that it will be forking to a new Bitcoin Cash node implementation known as Bitcoin SV (SV stands for Satoshi's Vision). This has been supported by Craig Wright (which claims to be the real Nakamoto) as he believes that it's the safest path to scaling yet. However, Bitcoin Cash devs (Bitcoin ABC) are against this new implementation of BCH, hence a split might occur in November leading to both coins with the same history of transactions (Bitcoin Cash and Bitcoin SV).

Bitcoin SV aims to scale indefinitely by allowing miners to choose their own block size, among several other improvements. Now it's believed that this will be the "real Bitcoin" just like what has been said about Bitcoin Cash before.

What do you think about this controversy? Will Bitcoin Cash splinter into two distinct factions? Or will it remain the same? It looks like there would occur a split of the main BCH chain, causing Bitcoin SV to emerge. However, only one shall survive in the market (if not both or none of them). Looking forward for your thoughts Smiley
Wow, you know about this fork 6 months ago? I heard about this fork one month ago for the first time.
But, I hope that, this was the last hard fork of Bitcoin. Because what is happening now is total disaster! Market is crashing because some guys need to boosting their egos.
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