BCH is not serious at all for the EDA adjustment thing with miners switching for their convenience. Yesterday hashing of bch fell to just 0.12 exahashes/s doing factible a 51% attack to many mining polls.
Seriously how can someone trust something like that with his money?
Topic: Bitcoin Vs Bitcoin Cash - page 16. (Read 17235 times)
I think the presence of bitcoin does not significantly affect the performance of bitcoin, of course everyone knows it is bitcoin, if anyone says bitcoin cash then it's like altcoin and different from bitcoin.
What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Bitcoin is still the most accepted and used.
Basically everyone in the Bitcoin train doecnt support bcash.
its just another altcoin
They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin
I still wouldn't compare stocks with crypto
I've seen some post of yours today (regarding the stance of Jamie Dimon from JPMorgan Chase on Bitcoin) where you basically agree with this dude that Bitcoin is purely a speculative asset that will likely blow up eventually. Now compare that with the stock of some real company like IBM or Intel. Obviously, the liquidation value of Bitcoin is zero for pretty obvious reasons, but is it the same with the stock of these companies? If all shareholders decide to sell their stock one day, the companies will just buy up all of their own shares, but who is to buy the last bitcoin? So it is certainly not the six of one and half a dozen of the other
No, the difference being that stock is an ownership stake and in the liquidation of a company, has inherent value that shares are worth during liquidation. If the book value of the company isnabove zero, you would generally not expect the stock to liquidate below the book value. Market cap is there most relevant metric to assess the size of a company, or in this case, a crypto
I don't quite understand what you are arguing with
Did you actually read my post or just hurried up to write something in reply (expecting me to have challenged your point)? A book value of a company (as far as I understand it) is just the liquidation price of all its assets (likely minus liabilities), so in the majority of cases it should remain above zero as you happen to point out yourself. But this is what I'm telling myself, namely, that Bitcoin is not stock (since it can drop to zero), and they are certainly NOT the six of one and half a dozen of the other. It looks you kinda replied to someone else's post, so you may want to stop and read my post after all
Bitcoin is the developmental pathway of bitcoin cash in the crypto market, bitcoin cash is easier to mine than bitcoin and compare to both cryptocurrencies bitcoin cash has low transaction fees than bitcoin blockchain. The block size of bitcoin is 1 megabyte whereas the blocksize of bitcoin cash is 8 megabytes
What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
It is not a matter of what we think, bitcoin cash is an alt whether they like it or not, and it is never going to become the true bitcoin, there is only one bitcoin and it is the one created by satoshi and maintained by the core devs anything else is an altcoin. Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin
I still wouldn't compare stocks with crypto
I've seen some post of yours today (regarding the stance of Jamie Dimon from JPMorgan Chase on Bitcoin) where you basically agree with this dude that Bitcoin is purely a speculative asset that will likely blow up eventually. Now compare that with the stock of some real company like IBM or Intel. Obviously, the liquidation value of Bitcoin is zero for pretty obvious reasons, but is it the same with the stock of these companies? If all shareholders decide to sell their stock one day, the companies will just buy up all of their own shares, but who is to buy the last bitcoin? So it is certainly not the six of one and half a dozen of the other
No, the difference being that stock is an ownership stake and in the liquidation of a company, has inherent value that shares are worth during liquidation. If the book value of the company isnabove zero, you would generally not expect the stock to liquidate below the book value. Market cap is there most relevant metric to assess the size of a company, or in this case, a crypto.
It seems to me that in November BCC will cease to exist. The original bitcoin will get an improvement, thanks to which transactions will become fast and cheap. And BCC will not have the advantages
They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin
I still wouldn't compare stocks with crypto
I've seen some post of yours today (regarding the stance of Jamie Dimon from JPMorgan Chase on Bitcoin) where you basically agree with this dude that Bitcoin is purely a speculative asset that will likely blow up eventually. Now compare that with the stock of some real company like IBM or Intel. Obviously, the liquidation value of Bitcoin is zero for pretty obvious reasons, but is it the same with the stock of these companies? If all shareholders decide to sell their stock one day, the companies will just buy up all of their own shares, but who is to buy the last bitcoin? So it is certainly not the six of one and half a dozen of the other
The blocks in BTC are full, filled with about 2000 transactions each block.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there...
I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes.
How is it at a very bad price? They manufactured this coin out of thin air and it's maintained a multi-billion dollar market cap since inception, which ostensibly means they manufactured billions of dollars worth of value out of thin air and based on nothing. And there has been enough buying activity to support this valuation for weeks now. I wouldn't at all consider that a "bad price." It's damn near a miracle, and pretty fortunate for anyone with BCash that they haven't been crushed by a wave of sellers.
They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
Market cap is funny like that in that it purports to represent a theoretical value that wouldn't hold up in certain situations, like total liquidation. But it's the best metric available, and a standard for all asset valuations. It's "paper" value just like a stock is a "paper gain" or "paper loss" until it's sold and realized. I understand your point in saying it's not a "real" value, but it's no less applicable than any other asset valuation, and even if you take the position that all asset valuations suffer the same flaws, then at least that's consistent and a point of comparison. The fact that you wouldn't be able to liquidate the market cap value out of BCash doesn't affect market cap a comparison tool to compare it to how much its worth relative to Bitcoin.
The blocks in BTC are full, filled with about 2000 transactions each block.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there...
I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes.
How is it at a very bad price? They manufactured this coin out of thin air and it's maintained a multi-billion dollar market cap since inception, which ostensibly means they manufactured billions of dollars worth of value out of thin air and based on nothing. And there has been enough buying activity to support this valuation for weeks now. I wouldn't at all consider that a "bad price." It's damn near a miracle, and pretty fortunate for anyone with BCash that they haven't been crushed by a wave of sellers.
They certainly manufactured this coin out of thin air
But it is the same with essentially any coin out there (wtf, even fiat is created basically out of thin air nowadays). Apart from that, I can't possibly agree that this coin has actually created billions of dollars worth of value. If people tried to cash out all their Bitcoin Cash tokens that would likely crash the price below a few million dollar market cap. Therefore, it is not a real value, it is no more than some fancy numbers with no connection to reality, pretty much like Bitcoin's market cap (or even less than that)
The blocks in BTC are full, filled with about 2000 transactions each block.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there...
I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes.
How is it at a very bad price? They manufactured this coin out of thin air and it's maintained a multi-billion dollar market cap since inception, which ostensibly means they manufactured billions of dollars worth of value out of thin air and based on nothing. And there has been enough buying activity to support this valuation for weeks now. I wouldn't at all consider that a "bad price." It's damn near a miracle, and pretty fortunate for anyone with BCash that they haven't been crushed by a wave of sellers.
What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Bitcoin cash is another alt and one that is not very good, no one trusts that coin for the simple reason that the users of bitcoin were not asking for a hard fork all of that was the miners idea that is why you do not see many users of that altcoin.Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
I read a lot of information about this coin and I concluded that it is not just an alternative coin. This is the same bitcoin, only processed by other nodes. If so, then this coin has a great future
I think so far the price of Bitcoin cash is quite active in the market and is now starting to increase, but in my opinion it is still under the influence of bitcoin. And to be able to compete with bitcoin would take a relatively long time
What do you think of Bitcoin Cash?
Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
Bitcoin cash is another alt and one that is not very good, no one trusts that coin for the simple reason that the users of bitcoin were not asking for a hard fork all of that was the miners idea that is why you do not see many users of that altcoin.Do you think it will have the same value as Bitcoin or it will be just another Alt. Coin in the crypto market?
I read a lot of information about this coin and I concluded that it is not just an alternative coin. This is the same bitcoin, only processed by other nodes. If so, then this coin has a great future
The blocks in BTC are full, filled with about 2000 transactions each block.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there...
I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes.
The blocks in BTC are full, filled with about 2000 transactions each block.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there...
I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes.
Welcome to the new brave world, bro
Full of alternative bitcoins, which are there to give miners the power over the mining difficulty. If you see a lot of new blocks found on a Bitcoin blockchain (yeah, there can be more than one Bitcoin blockchain already), you should know that plenty of hashing power has been poured into mining this Bitcoin (since its difficulty went down recently), while another Bitcoin (or other Bitcoins) will be starving with no blocks found and their mempools swelling with unconfirmed transactions
How can this be a stable process? For example miners will flock to one Blockchain, when the difficulty goes down. But as a lot of miners start mining it, the difficulty will increase once more. So what are they going to do? Dump the new Blockchain and go after another Blockchain?
Yes, this is how it happens in real life
You may want to see this post of mine to judge for yourself. We have already witnessed a few iterations, and it seems like the process is quite stable so far. You can see that the BCash hashrate dropped close to zero just like it did only two days ago. As they say, wash, rinse, repeat, and then reap profits! I'm utterly curious myself how long this system is going to live until it gets exhausted somehow and runs out of (hash) power one day (if ever)
The blocks in BTC are full, filled with about 2000 transactions each block.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there...
I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes.
Welcome to the new brave world, bro
Full of alternative bitcoins, which are there to give miners the power over the mining difficulty. If you see a lot of new blocks found on a Bitcoin blockchain (yeah, there can be more than one Bitcoin blockchain already), you should know that plenty of hashing power has been poured into mining this Bitcoin (since its difficulty went down recently), while another Bitcoin (or other Bitcoins) will be starving with no blocks found and their mempools swelling with unconfirmed transactions
How can this be a stable process? For example miners will flock to one Blockchain, when the difficulty goes down. But as a lot of miners start mining it, the difficulty will increase once more. So what are they going to do? Dump the new Blockchain and go after another Blockchain?
But bcash will only be regarded as altcoin,, now only serves as a medium of exchange and there is no potential, I see this coin will sink at the end of the year because in the end traders choose back on bitcoin or ethereum as ruler, now bcash keep moving because still dominated fish Whales so can quickly jack up prices.
Too early to predict the demise of Bitcoin Cash. And I am also not sure about whether we can call the currency as an altcoin or not. They didn't split the original Bitcoin Blockchain, but they cloned it. Until August 1, all the transactions and the wallets are the same.
The blocks in BTC are full, filled with about 2000 transactions each block.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
The one full block on the BTH chain had 37K transactions. That means the BTH blocks can store in a little more than an hour what BTC blocks needs nearly a day for.
Whether the BCH pool is invulnerable or not, only time will show. But it clearly has a better chances to do so.
Taking away hashpower is another cause that leads to the same problem, but I think it needs to be dealt with separately.
That would be a simplistic comparison. The blocks in BCH are around 8 MB, where as with the implementation of Segwit, the blocksize is around 2 MB in BTC. So it means that 4x of transactions can be stored in BCH. But the blocks are much slower to find there...
I don't think that the BCH blocks are slower to find. I am checking the Bitcoin Cash Blockchain (in blockchair.com), and I could see new blocks being mined every 5 minuets or so. On on the other hand, Blockchain.info is showing new Bitcoin blocks only once every 20 or 25 minutes.
Welcome to the new brave world, bro
Full of alternative bitcoins, which are there to give miners the power over the mining difficulty. If you see a lot of new blocks found on a Bitcoin blockchain (yeah, there can be more than one Bitcoin blockchain already), you should know that plenty of hashing power has been poured into mining this Bitcoin (since its difficulty went down recently), while another Bitcoin (or other Bitcoins) will be starving with no blocks found and their mempools swelling with unconfirmed transactions
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