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Topic: Bitcoin Vs Bitcoin Cash - page 24. (Read 17235 times)

legendary
Activity: 1806
Merit: 1521
August 10, 2017, 04:26:12 PM
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

This certainly seems possible. The Ver-Bitmain-nChain contingent likely controls a hell of a lot of bitcoins. I'm really surprised that Bitcoin Cash is still holding at these price levels. If it can form such a price floor over the next few weeks/months, the stage would be set for an attack on BTC (spamming, block withholding, etc). There has been a lot of effort put into separating Bitcoin Cash from other altcoins (framing it as a legitimate replacement for BTC). This would be leveraged in any attack on the legacy BTC chain.
sr. member
Activity: 253
Merit: 250
August 10, 2017, 03:49:40 PM
For me bitcoin will be crypto king forever and other coins will not beat them because that coin is first and already so much popular,For me bitcoin is like Coca Cola and there is no bettter thing then orginal first cryptocurrency which is bitcoin.
member
Activity: 100
Merit: 100
August 10, 2017, 03:36:55 PM
I'm used to using bitcoin, because I already have confidence in this currency.
Technically, BCC is bitcoin, only improved. But I do not have confidence in this coin. I think she will either die or the chain will re-unite
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 10, 2017, 01:59:42 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?

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

Unless rogue miners are going to do something nasty

For example, fire up their spam-bots and run them at full throttle. What we have seen so far might have been only a prelude to what we can see in the near future. They could easily make the regular Bitcoin unusable by flooding the network with spam transactions just like they have been doing the last two years. This time they are not going to restrict themselves since they already have Bitcoin Cash. And then people will likely change their attitude toward this wannabe Bitcoin, though, in their place, I would rather look toward Litecoin as a genuine Bitcoin substitute (as some have already done, me included)
legendary
Activity: 2912
Merit: 1068
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August 10, 2017, 01:27:51 PM
For me there is no doubt. Bitcoin cash has  nothing to do with Bitcoin, it can't be the substitute for it, it's just another altcoin that doesn't  have any čamce to achieve Bitcoin price, value  and acceptance, it's not possible. Many other more perspective coins haven't manager to achieve that. So, for me it's worthless.
hero member
Activity: 588
Merit: 500
August 10, 2017, 01:25:05 PM
Bitcoin Cash is going to be just one of altcoins. With such high price in the most beginning the bubble just poped and we have what we have now. The value of BCH is much bigger than Bitcoin's and the interest to this crypto currency gone down. I think we will never see such price (1100$) for BCH ever again.
full member
Activity: 318
Merit: 100
August 10, 2017, 01:12:24 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. A new Altcoins currency recently appeared. Perhaps, it takes a bit of time to develop while Bitcoin is growing, Bitcoin Cash may not be worth the price of Bitcoin. So what BCC needs here is time
full member
Activity: 410
Merit: 100
August 10, 2017, 01:01:22 PM
Probably better bitcoin cash than the ordinary bitcoin because receiving cash is very good and tastes better than the usual bitcoin.
sr. member
Activity: 392
Merit: 250
August 10, 2017, 06:08:54 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.
sr. member
Activity: 1316
Merit: 257
August 10, 2017, 05:38:38 AM
Bitcoin cash will have a high value with the same fork They targeted beside bitcoin In my opinion they will surpass the bitcoin They want to replace BTC with BCH I think it will be possible because of the great possibilities in this world Their aim to make the miners a glad
legendary
Activity: 1176
Merit: 1001
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August 10, 2017, 05:35:57 AM
In this case you can't compare between bitcoin with bitcoin cash because investors definitely choose to invest their money on the coins that will give them a profit. I think the support from the exchanger can also have an impact on the development of bitcoin cash if the exchangers do not give their support to bitcoin cash then bitcoin cash will die.
sr. member
Activity: 406
Merit: 256
August 10, 2017, 05:20:15 AM
Bitcoin is stillborn cash currency. In it, no one will invest. I do think that it is a project of the whales to take money from people using the name bitcoin. We can already say that this Scam failed. Any attempt to divide bitcoin will be doomed to failure.
sr. member
Activity: 854
Merit: 251
August 10, 2017, 05:16:38 AM
I think bitcoin core will always be popular. While bitcoin cash should be able to overcome the problems that are now being experienced. Though both are good
sr. member
Activity: 742
Merit: 250
August 10, 2017, 05:08:26 AM
In my opinion, I think there are two scenarios. The best scenario is that both Bitcoin and Bitcoin Cash are independent, better than before, just like Ethereum and Ethereum Classic, after the split, both exist and develop well. However, the most likely scenario is that only one of the two types of electronic money develops long term after split. The reason is that many investors will gradually focus on one that is more valuable, reliable and better. In this case, Bitcoin will be more advantageous because many exchanges have said no to Bitcoin Cash
newbie
Activity: 50
Merit: 0
August 10, 2017, 04:25:08 AM
I think Bitcoin Cash price will decline less $100 and there was no increase in buying interest.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 10, 2017, 03:51:22 AM
I did not take Bitcoin Cash seriously, I looked at the price at first, I look again today, at the level of $ 306.10, according to my opinion it will go under $ 100, its usage is not very common, and it seems never to be.

No it wont. BCC is secretly supported by the Chinese mining megacorp. That means whenever this cryptocurrency's price falls, there are interest groups out there who will give it its support. Core knows this and they cant do anything about it except call it names on Twitter.

I don't understand this. If by "support" you mean they will buy $100+ million worth of BCH to make its price rise again, for how long they can do that? Won't they be losing their money, big money, providing that support? I mean even if you have huge amounts of money, you lose couple of billions and stop, right? And then the price goes down.

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
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
August 10, 2017, 02:55:46 AM
I did not take Bitcoin Cash seriously, I looked at the price at first, I look again today, at the level of $ 306.10, according to my opinion it will go under $ 100, its usage is not very common, and it seems never to be.


No it wont. BCC is secretly supported by the Chinese mining megacorp. That means whenever this cryptocurrency's price falls, there are interest groups out there who will give it its support. Core knows this and they cant do anything about it except call it names on Twitter.

I don't understand this. If by "support" you mean they will buy $100+ million worth of BCH to make its price rise again, for how long they can do that? Won't they be losing their money, big money, providing that support? I mean even if you have huge amounts of money, you lose couple of billions and stop, right? And then the price goes down.
member
Activity: 84
Merit: 10
August 10, 2017, 02:49:46 AM
as you know the BCC it's new in Market and can't stand beside the BTC any way when the BTC increase to higher level BCC fail down if it's stable also BCC dawon

thanks
sr. member
Activity: 868
Merit: 259
August 10, 2017, 02:00:07 AM
I did not take Bitcoin Cash seriously, I looked at the price at first, I look again today, at the level of $ 306.10, according to my opinion it will go under $ 100, its usage is not very common, and it seems never to be.


No it wont. BCC is secretly supported by the Chinese mining megacorp. That means whenever this cryptocurrency's price falls, there are interest groups out there who will give it its support. Core knows this and they cant do anything about it except call it names on Twitter.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 10, 2017, 12:58:34 AM

It is not me disagreeing with your opinion

Because when I disagree, I just state that right away (and you know that), but in this very case you were evidently assuming that people could somehow effortlessly move their funds between the two coins or otherwise use them interchangeably ("you've got a clone with the capacity to handle the extra transactions") and choose the best coin to transact with as they see appropriate (as if the coins still remained essentially the one and same, just before the split). This is where you got confused. What extra transactions are you talking about? Obviously, this is impossible since after the split these are two entirely different coins. Your claim that Bitcoin Cash (allegedly) has some right or legitimacy to be called Bitcoin is completely irrelevant and inconsequential to the point (as you should understand). Other than that, I could just ask you why you don't humbly accept that you got confused? It is not so much about you being wrong or confused, or whatever as about you trying to stick to some clearly erroneous view or trying to come unscrewed by any means (that's what makes it so fun to comment on)

Well let's back up a step then. Because I think you've incorrectly assumed something about what I believe. I do not think that people can effortlessly move between one chain and the other. At the split though, anyone who had BTC now have the same amount of BCH, so the user base is essentially pre-installed in BCH. If BTC seizes up and becomes unstable or unusable, you don't have to move your bitcoins off that chain or convert them to BCH, you already have those coins (up to the split point, anything done with BTC after that isn't reflected on the BCH chain). BCH's threat to BTC is if the BTC blockchain can't handle future capacity and BCH reaches price parity with BTC, because then user aren't losing money by abandoning the unusable network (TO A POINT, this is not an absolute), you're incentivized to use the functioning network and because of price parity and the fact that your coins are waiting for you there (up to that split point), it lessens the switching costs as opposed to any other alt trying to supplant BTC as the dominant crypto

You again make a few very loose assumptions

Okay, you have your coins doubled (regular Bitcoin and Bitcoin Cash), so if the old network gets congested, you explicitly assume that you could switch to using Bitcoin Cash and transact with it. Basically, you openly say that yourself. What you don't say but still implicitly assume (and this is where your implicit assumption goes awry on the whole) is that everyone is in the same boat with you, i.e. they are ready to accept Bitcoin Cash transfers instead of regular bitcoins. Obviously, this is a false assumption in general, and then we are back to what I've been saying before, namely, that you didn't check if your "theory" would actually work in practice. Besides that, I don't think that Bitcoin Cash is more viable alternative than other altcoins since, as I just said, you can't expect people to still hold these pseudo bitcoins (for the sake of solving their future transaction issues with the regular one)

if you weren't so caught up in your own ego, but your superiority complex makes conversing with you a major chore sometimes

As I also told you, I don't particularly care if someone is wrong or confused, so it is more about your ego not going to accept being confused here. I could even say that it is it exactly which is playing a dirty trick on you
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