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Topic: Bitcoin Vs Bitcoin Cash - page 22. (Read 17235 times)

sr. member
Activity: 910
Merit: 251
August 13, 2017, 04:28:18 AM
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 still prevail on top, were I already expecting it to be happen as always. No wonder because bitcoin is the mother of all altcoins, and BCC is one of the altcoin. it is just a piece of shit were it more on hyped only. Even the bcc value is getting higher, bitcoin was rapidly going to moon of the value, which is shows only bcc are match with it. So it maybe in your dream that bcc can surpass or overtake the price value of bitcoin.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 13, 2017, 03:02:43 AM
Lol it's still i would choose BITCOIN the mother coin of all of them hehehe. Nitcoin Cash is just a fork of BITCOIN maybe there's a time that Bitcoin Cash would blow but BITCOIN still the best of them hehe
bitcoin already touched the new ATH above $4000 that was so crazy, but what already happened with bitcoin cash? nothing happen at least the more people want to buy the real bitcoin. the price of bitcoin is really promising right now.

If you look at it that way, Bitcoin Cash started from zero. Smiley
While Bitcoin has reached $4000, the potential increase in Bitcoin Cash is much more. Bitcoin Cash can double in price easily, and people wouldn't be surprised. If Bitcoin reaches $8000, it would be a great deal.

That's the essential gamble with altcoins. Altcoins can 1000x and we won't blink an eye. It would take incredible amounts of money for Bitcoin to do that. So for small fish, it's understandable why we are always on the lookout for promising altcoins: because it's the best way to accumulate more bitcoins.

In general, I agree with your attitude

The only thing which I would like to add is that Bitcoin with its price rising is likely going to behave more like altcoins in the future (at least, in respect to volatility) since higher prices greatly contribute to higher volatility, and thus we could see Bitcoin prices surge as easily as plunge. At higher prices and the same monetary supply, the demand is bound to run dry which sets perfect environment for insane price volatility (according to the Bitcoin Big Rip theory)
legendary
Activity: 1806
Merit: 1521
August 13, 2017, 02:19:46 AM
Lol it's still i would choose BITCOIN the mother coin of all of them hehehe. Nitcoin Cash is just a fork of BITCOIN maybe there's a time that Bitcoin Cash would blow but BITCOIN still the best of them hehe
bitcoin already touched the new ATH above $4000 that was so crazy, but what already happened with bitcoin cash? nothing happen at least the more people want to buy the real bitcoin. the price of bitcoin is really promising right now.

If you look at it that way, Bitcoin Cash started from zero. Smiley
While Bitcoin has reached $4000, the potential increase in Bitcoin Cash is much more. Bitcoin Cash can double in price easily, and people wouldn't be surprised. If Bitcoin reaches $8000, it would be a great deal.

That's the essential gamble with altcoins. Altcoins can 1000x and we won't blink an eye. It would take incredible amounts of money for Bitcoin to do that. We would essentially need rapid adoption by the financial services sector, or something of similar magnitude, for that to happen for Bitcoin. So for small fish, it's understandable why we are always on the lookout for promising altcoins: because it's the best way to accumulate more bitcoins.
legendary
Activity: 1232
Merit: 1000
August 13, 2017, 01:53:29 AM
Lol it's still i would choose BITCOIN the mother coin of all of them hehehe. Nitcoin Cash is just a fork of BITCOIN maybe there's a time that Bitcoin Cash would blow but BITCOIN still the best of them hehe
bitcoin already touched the new ATH above $4000 that was so crazy, but what already happened with bitcoin cash? nothing happen at least the more people want to buy the real bitcoin. the price of bitcoin is really promising right now.

If you look at it that way, Bitcoin Cash started from zero. Smiley
While Bitcoin has reached $4000, the potential increase in Bitcoin Cash is much more. Bitcoin Cash can double in price easily, and people wouldn't be surprised. If Bitcoin reaches $8000, it would be a great deal.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 13, 2017, 12:46:42 AM

You wont be thinking of it the same way when the hash power slowly starts to transfer to the Bitcoin Cash chain. Its more of a threat than a spam coin.

But why would it?

If we don't talk about political issues here, why would miners choose to abandon mining of the real Bitcoin in favor of Bitcoin Cash? Wouldn't that mean losing profits? Indeed, if just a few miners switch to BCH, they may in fact start earning more, but, in my opinion, it is not worth it as long as Bitcoin Cash is 10 times cheaper than the real Bitcoin. Anyway, it seems that mining pools like ViaBTC continue to mine both coins, so it doesn't look like any mining pool is going to leave Bitcoin Core mining altogether

Leaving politics aside, BCC could be worth much more than it is today. Let say the price doubles, in a few months, making some miners leave BTC and start mining BCC. Without BCC's emergency difficulty adjustment feature, it will make BTC confirmation time longer and will have to take a longer time to adjust. This will then result in the market reacting negatively

This is highly dubious

First of all, you are assuming that miners (and not just a few individual miners, but whole mining pools) will switch to mining Bitcoin Cash based on expectations of future profits. Personally, I see no reason why they should lose their revenue now in favor of some obscure profits in the future which are in no way set in stone (remember we excluded politics from consideration). Further, the price should rise really high to make your assumption really viable, and not just high in absolute terms but rather relative to the price of the regular Bitcoin (maybe, to at least 1/3 or 1/2). I don't think it is quite likely, and therefore there is no reason for miners to massively switch to mining Bitcoin Cash
sr. member
Activity: 868
Merit: 259
August 13, 2017, 12:07:08 AM

You wont be thinking of it the same way when the hash power slowly starts to transfer to the Bitcoin Cash chain. Its more of a threat than a spam coin.

But why would it?

If we don't talk about political issues here, why would miners choose to abandon mining of the real Bitcoin in favor of Bitcoin Cash? Wouldn't that mean losing profits? Indeed, if just a few miners switch to BCH, they may in fact start earning more, but, in my opinion, it is not worth it as long as Bitcoin Cash is 10 times cheaper than the real Bitcoin. Anyway, it seems that mining pools like ViaBTC continue to mine both coins, so it doesn't look like any mining pool is going to leave Bitcoin Core mining altogether

Leaving politics aside, BCC could be worth much more than it is today. Let say the price doubles, in a few months, making some miners leave BTC and start mining BCC. Without BCC's emergency difficulty adjustment feature, it will make BTC confirmation time longer and will have to take a longer time to adjust. This will then result in the market reacting negatively.

BCC having increased price and increased mining power will make the market react positively and as long as the price increases, so do the hash power.
full member
Activity: 302
Merit: 100
August 12, 2017, 09:32:02 PM
Lol it's still i would choose BITCOIN the mother coin of all of them hehehe. Nitcoin Cash is just a fork of BITCOIN maybe there's a time that Bitcoin Cash would blow but BITCOIN still the best of them hehe
bitcoin already touched the new ATH above $4000 that was so crazy, but what already happened with bitcoin cash? nothing happen at least the more people want to buy the real bitcoin. the price of bitcoin is really promising right now.
sr. member
Activity: 1022
Merit: 368
August 12, 2017, 09:03:57 PM
Lol it's still i would choose BITCOIN the mother coin of all of them hehehe. Nitcoin Cash is just a fork of BITCOIN maybe there's a time that Bitcoin Cash would blow but BITCOIN still the best of them hehe
legendary
Activity: 1806
Merit: 1521
August 12, 2017, 08:17:42 PM
It is mere exaggeration to say that bitcoin cash is near classic Bitcoin. Bitcoin cash can't even compete with altcoins. But still I think it is not bad to give few between cash in the wallets. In case if they increase in value in future, we will be on the safe side.

Not sure that's true, given that most altcoins are just forks of Bitcoin or Ethereum anyway. So I think it can certainly compete from a speculation standpoint. Long term? Most shitcoins will wither and die, along with Bitcoin Cash.

But speculatively, I still suspect after the dump, we will see a long term accumulation over months, and Bitcoin Cash will rise like a phoenix sometime in the future...
hero member
Activity: 910
Merit: 509
August 12, 2017, 04:04:12 PM
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 altcoin many call that like others altcoin, bitcoin cash has a high price compared to other altcoin because it fork out of bitcoin so not strange for it, but bitcoin cash may not be able to compete bitcoin

Nope it won't and far from it. It already made a big decline from the time it was launched so it doesn't really come close to btc. Perhaps not even to bitcoin's closest alt runnerups like etherium. It's not even on a lot of exchanges' list of supported alts and othwr btc gambling platforms.
That's true. Bitcoin cash has faced a great dumping soon after it was launched. It is mere exaggeration to say that bitcoin cash is near classic Bitcoin. Bitcoin cash can't even compete with altcoins. But still I think it is not bad to give few between cash in the wallets. In case if they increase in value in future, we will be on the safe side.
legendary
Activity: 1806
Merit: 1521
August 12, 2017, 03:39:26 PM
Most holders BCC are choose believe in one day the price of BCC can pumps.

I'm a BTC holder and im also thinking that this is more than just a hype. I don't have some coins to trade right now but I'm considering BCC as one of the alternative coin that is worth investing for because it is an improved version of bitcoin and who knows, maybe a year its price grow much more than the etherium. As some posts up here that are saying that there are a lot more going on that what we think and this is dangerous so we must have to consider all the possibilities of dumping or selling or holding or else we might be missing something very important right now.

I don't think so there is any harm in holding Bitcoin cash if you are running short on Bitcoins. At least Bitcoin cash is far better than other digital currencies such as eth. Yeah! We can hope for the bright future of Bitcoin cash and I would recommend holding some Bitcoin cash in wallet as a long term investment.

Fundamentally, they are both shitcoins to me. Both are bloatchains and in the case of Ethereum, I still don't really understand what purpose it serves in terms of real world applications. I will hold my coins on any hard fork of bitcoin, though, just in case the market disagrees with me. I would prefer small blocks and no hard forks -- let's see where the Lightning Network goes -- but I won't lose money over it. Tongue
hero member
Activity: 2828
Merit: 611
August 12, 2017, 03:36:01 PM
Most holders BCC are choose believe in one day the price of BCC can pumps.

I'm a BTC holder and im also thinking that this is more than just a hype. I don't have some coins to trade right now but I'm considering BCC as one of the alternative coin that is worth investing for because it is an improved version of bitcoin and who knows, maybe a year its price grow much more than the etherium. As some posts up here that are saying that there are a lot more going on that what we think and this is dangerous so we must have to consider all the possibilities of dumping or selling or holding or else we might be missing something very important right now.
I don't think so there is any harm in holding Bitcoin cash if you are running short on Bitcoins. At least Bitcoin cash is far better than other digital currencies such as eth. Yeah! We can hope for the bright future of Bitcoin cash and I would recommend holding some Bitcoin cash in wallet as a long term investment.
sr. member
Activity: 434
Merit: 250
August 12, 2017, 01:56:03 PM
Bitcoin will be preferred more than BCH, many do have Bitcoin cash but most of them claimed and still haven't purchased.
Most of my friends and even myself consider BCH as other normal altcoins. Just because its name is attached with Bitcoin it got a nice uprise in its value so quick. It will be there but won't be of that value compared to Bitcoin.

I, too, immediately disapproved of this coin. But then I looked, that on many stock exchanges it uses unpredictable. I realized that this coin can be used for speculative purposes
sr. member
Activity: 1232
Merit: 250
August 12, 2017, 01:39:37 PM
Bitcoin will be preferred more than BCH, many do have Bitcoin cash but most of them claimed and still haven't purchased.
Most of my friends and even myself consider BCH as other normal altcoins. Just because its name is attached with Bitcoin it got a nice uprise in its value so quick. It will be there but won't be of that value compared to Bitcoin.
hero member
Activity: 1302
Merit: 503
August 12, 2017, 10:21:05 AM
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?

I dont think so. There's much of a different between these two cryptocurrency. Bitcoin cash or bcc or bch is still young in the industry and prone to instability becsuse its foundation is still weak compare to bitcoin, which is known for years and has attracted many supporters to stabilize its operation. Bcc needs to obtain the properties that bitcoin possesses in order match its price
- Bitcoin cash really does not have too many supporters, most of the supporters are miners. Many people say it copies the technology of bitcoin and relies on bitcoin to become popular, that makes people just want to invest it short term or sell it as fast as possible, in the long run people still choose bitcoin, bitcoin is still the best. Bitcoin cash is just altcoin, so it really can not achieve the same value as bitcoin
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 12, 2017, 10:03:35 AM
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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.
i am not seeing its future. i think this is just a spam coin like other altcoins and nothing to do with bitcoin. most of the people are doing mining of it and yeah it is easy than different altcoin as well but to comparing it with bitcoin is a joke.

You wont be thinking of it the same way when the hash power slowly starts to transfer to the Bitcoin Cash chain. Its more of a threat than a spam coin.

But why would it?

If we don't talk about political issues here, why would miners choose to abandon mining of the real Bitcoin in favor of Bitcoin Cash? Wouldn't that mean losing profits? Indeed, if just a few miners switch to BCH, they may in fact start earning more, but, in my opinion, it is not worth it as long as Bitcoin Cash is 10 times cheaper than the real Bitcoin. Anyway, it seems that mining pools like ViaBTC continue to mine both coins, so it doesn't look like any mining pool is going to leave Bitcoin Core mining altogether
sr. member
Activity: 868
Merit: 259
August 12, 2017, 08:27:51 AM
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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.
i am not seeing its future. i think this is just a spam coin like other altcoins and nothing to do with bitcoin. most of the people are doing mining of it and yeah it is easy than different altcoin as well but to comparing it with bitcoin is a joke.

You wont be thinking of it the same way when the hash power slowly starts to transfer to the Bitcoin Cash chain. Its more of a threat than a spam coin.
sr. member
Activity: 448
Merit: 250
August 12, 2017, 07:56:34 AM
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?

I dont think so. There's much of a different between these two cryptocurrency. Bitcoin cash or bcc or bch is still young in the industry and prone to instability becsuse its foundation is still weak compare to bitcoin, which is known for years and has attracted many supporters to stabilize its operation. Bcc needs to obtain the properties that bitcoin possesses in order match its price
hero member
Activity: 642
Merit: 500
August 12, 2017, 06:48:35 AM
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?

BCC was created saying that it would be the substitute for bitcoin.But it just remains as an altcoin.Neither bitcoin price has crashed,nor BCC price has raised as it was expected by some people.It would just remain alive only for a few more days and then it would just remain as a n abandoned altcoin.BCC holders have just dumped all of their coins to get some free cash.

Remember that for every seller there is a buyer...

It's early days for BCH - if the mining difficulty drops enough but the price remains stable, I can see some miners switching to mine it. If you are an ASIC miner, there are very few coins you can mine: bitcoin, bitcoincash and peercoin. All the rest are scrypts.
i am not seeing its future. i think this is just a spam coin like other altcoins and nothing to do with bitcoin. most of the people are doing mining of it and yeah it is easy than different altcoin as well but to comparing it with bitcoin is a joke.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 12, 2017, 06:17:57 AM
Things are more intricate than that

They don't have to support Bitcoin Cash indefinitely since people will run out of their BCH tokens sooner or later even if all of them choose to get rid of these tokens. Obviously, quite a few BCH holders aren't going to sell these coins, and some may even be looking to buy more. Anyway, after this initial stage of rampant sell-offs and buy-ups is over, their hands will be untied, and they can proceed to the next level of dethroning Bitcoin (as they likely think). You also seem to discard the possibility that the cartel might be selling regular bitcoins for BCH to prop up the price of the latter

I may be wrong but I see it like this. If you are selling something you have to make the price competitive. In other words the price should be lower than in other places, otherwise people will be buying in those places and not from you. In our case if we are selling Bitcoins for Bitcoin Cash we should make people pay less Bitcoin Cash for BTC than in other places to attract buyers. Yes, such act would prop up the price of BCH, but at what cost. We'll be losing money. In fact selling Bitcoins for lower amount of Bitcoin Cash is the same thing as buying Bitcoin Cash for higher amount of Bitcoins

This is certainly not the only possibility

You can sell original bitcoins for dollars and get market rates. And then use dollars to bid up the price slowly. But this is ultimately irrelevant since you may be selling for a loss today to earn decent profits tomorrow. In fact, when you buy some asset you hope that it will rise in the future even if its price continues to decline after you make a purchase. But this is obviously not all. The cartel may not be looking for short term profits (like in "buy low sell high"). They are ultimately looking for control, and they don't care about how much it could cost them in dollar or Bitcoin terms since if they control Bitcoin (under whatever name), they control the whole market (after all, they could break even entirely via mining fees in the end)

Well, if they are people with dozens of billions USD and their aim is to control the whole market, they may try, good luck with that, but I think they will fail. Fortunately lately, I mean 15 years or so, we are living in the world where, thanks to the internet, what is really the best wins. No matter how much money you spend on promotion, if there's something which is better in the same field with the product you promote, you will fail.

In fact, I don't particularly disagree with you

At least, not in general. But the case of Bitcoin Core vs Bitcoin Cash doesn't belong here. Honestly, I don't see any important or crucial difference between the former and the latter. They are basically six of one and half a dozen of the other in virtually any respect which is of significance here. You can substitute one with the other, and nothing is going to change. Therefore, you can't possibly say that one is much better than the other if that was your point
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