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Topic: Bitcoin Vs Bitcoin Cash - page 29. (Read 17219 times)

full member
Activity: 271
Merit: 100
August 04, 2017, 04:22:22 AM
I think Bitcoin cash has potential but I'd don't think it has a lot of support. It is not as popular as Bitcoin so i think investment in Bitcoin is better. Bitcoin has the largest market capital and it is the most popular crypto.
The bitcoin cash doesn't have enough miners to support the network. I sent my bitcoin cash amount from hitbtc to the bittrex but this time already over 10 hours. And i will be expecting my transaction gets deliver tomorrow.
legendary
Activity: 1652
Merit: 1483
August 04, 2017, 04:14:49 AM
I think Bitcoin cash has potential but I'd don't think it has a lot of support.

i won't lie. i was really surprised at the level of support from exchanges. you could tell by Coinbase's repeated backtracking that they were getting pushback from their customers.

the question is, was all this demand from customers just due to them wanting to dump their BCH? or because they want to hold/invest? Grin
legendary
Activity: 3514
Merit: 1280
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August 04, 2017, 04:12:07 AM
lets wait and see how the things progress: the first notable sign will be
the difficulty chnage,once there is the adjustment,there could be shifts in hashing power
much will depend if it is profitable to mine BCH at that point,then difficulty will adjust more
and,suddenly,there could be miners,aside from Viabtc,who would want to mine BCC instead of BTC
too early to tell,but at the moment,the price is steadily dropping to 0.11 btc/bcc and there are no signs for it to go up back to 0.15 or higher

The emphasized part looks particularly suspicious

Basically, I see no point in mining a coin which is going to bite the dust no matter how low its difficulty goes. If what you say and assume were true indeed, miners would be mining shit coins. But since it is economically meaningless, no one is actually mining them. Many people seem to forget that Bitcoin Cash is no longer related to original Bitcoin (they have common past, but not present and still less future), while the rules which are applicable to mining any coin didn't magically change in respect to this coin specifically. It may take some time till people get used to this new old reality
sr. member
Activity: 462
Merit: 250
August 04, 2017, 01:54:36 AM
I think Bitcoin cash has potential but I'd don't think it has a lot of support. It is not as popular as Bitcoin so i think investment in Bitcoin is better. Bitcoin has the largest market capital and it is the most popular crypto.
legendary
Activity: 2016
Merit: 1106
August 04, 2017, 01:49:17 AM
lets wait and see how the things progress: the first notable sign will be
the difficulty chnage,once there is the adjustment,there could be shifts in hashing power
much will depend if it is profitable to mine BCH at that point,then difficulty will adjust more
and,suddenly,there could be miners,aside from Viabtc,who would want to mine BCC instead of BTC
too early to tell,but at the moment,the price is steadily dropping to 0.11 btc/bcc and there are no signs for it to go up back to 0.15 or higher
member
Activity: 105
Merit: 10
August 04, 2017, 01:16:23 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?

This question is anywats obsolete now as we can see bitcoin cash ended up with dust and dirt. Yes bitcoin cash is now another altcoin and it is being dumped like very bad in the market. This was already predicted that bitcoin cash when given in free way it will be sold right away it gets available on the exchanges. This led to devaluation of the BCC  and that's the whole story of this altcoin.

The story still does not end there, seeing almost all exchangers put a bch on their list, maybe there is no physical function of the bch, but if the trader's awareness of the exchange rate bch far outperformed the widely applicable eth it is certain this coin will remain at the current level, we will still see the next bch positive boom in the near future.

The more exchanges that open up deposits and credit their users the more people will dump and the more the price will crash. BCH only had a chance as long as few exchanges listed it.
sr. member
Activity: 1288
Merit: 253
August 04, 2017, 01:13:34 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?

This question is anywats obsolete now as we can see bitcoin cash ended up with dust and dirt. Yes bitcoin cash is now another altcoin and it is being dumped like very bad in the market. This was already predicted that bitcoin cash when given in free way it will be sold right away it gets available on the exchanges. This led to devaluation of the BCC  and that's the whole story of this altcoin.

The story still does not end there, seeing almost all exchangers put a bch on their list, maybe there is no physical function of the bch, but if the trader's awareness of the exchange rate bch far outperformed the widely applicable eth it is certain this coin will remain at the current level, we will still see the next bch positive boom in the near future.
sr. member
Activity: 658
Merit: 260
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August 03, 2017, 10:50:28 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?




This question is anywats obsolete now as we can see bitcoin cash ended up with dust and dirt. Yes bitcoin cash is now another altcoin and it is being dumped like very bad in the market. This was already predicted that bitcoin cash when given in free way it will be sold right away it gets available on the exchanges. This led to devaluation of the BCC  and that's the whole story of this altcoin.
legendary
Activity: 1036
Merit: 1002
August 03, 2017, 06:58:16 PM
i son't think that it can be as bitcoin soon but there are some predicion for it people nowadays are good in the market for trading and dumping those coins to make profit if there a chance to be a second bitcoin then lets accept the fact that bcc os already part of soicity where it can be use as well to earn money if these happens maybe thr price of it will range to 1000$ after many years
hero member
Activity: 812
Merit: 501
August 03, 2017, 06:43:18 PM
bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)
BCH is developed by opportunist who want to take short time profit. Users ask to change BTC to BCH 1:1. Can you imagine how stupid bitcoin users who will earn 2800 USD : 280 USD. Now the price is 10:1. I think BTC is better than BCH. The volatile market is larger than BCH. I think I agree to buy litecoin or dogecoin. It is cheaper and the market is accepted widely. They are the first cryptocurrencies.
legendary
Activity: 3304
Merit: 4543
diamond-handed zealot
August 03, 2017, 01:40:59 PM
I don't see the problem with "high" transaction fees.  If it chases dice games and coffee off the gold standard blockchain so much the better.

Bitcoin is for large transactions.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 03, 2017, 12:56:59 PM
bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)

The capacity is immensely important. I'm not a fan at all of BCH, but to the extent the differences have merit, they ought to be considered fairly. Extra capacity is the whole point. If BTC reaches capacity again and the network slows down and fees skyrocket, all of a sudden BCH looks much more attractive. I don't see the point in BCH unless SegWit2x proves to be unable to cope with future transaction load and the developers again refuse to make changes. At that point, you've got a clone with the capacity to handle the extra transactions, and I'm sure if push comes to shove, they'd adopt SegWit on top of it creating even more capacity. As for why anyone would use that over Litecoin is the same question as to why anyone uses Bitcoin over Litecoin if the transactions are so much faster and cheaper over there. BCH has one thing that differentiates itself, and that's a very recent shared identity and an outside shot of claiming itself the legitimate Bitcoin chain with the masses. (I don't buy it, but if everyone else eventually does... well, we're all at the mercy of the consensus in that regard.)

You are always massively confusing things

In this case specifically, you implicitly assume that Bitcoin Cash and the regular Bitcoin still remain somehow connected or affiliated but after the split this is no longer the case. Bitcoin Cash is already just another coin (like many others out there), and converting from regular Bitcoin to this Bitcoin would be equal to selling and buying coins just like with any other two coins. So why would people want to use this China coin (when there is a congestion in the regular Bitcoin network) when they can buy Litecoin instead, which would be safer, cheaper, and faster? Anyway, Litecoin has virtually unlimited capacity, so why would Bitcoin Cash look more attractive and to whom exactly (and still more so if we are to compare and consider things "fairly")?
legendary
Activity: 2044
Merit: 1115
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August 03, 2017, 12:49:43 PM
bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)

The capacity is immensely important. I'm not a fan at all of BCH, but to the extent the differences have merit, they ought to be considered fairly. Extra capacity is the whole point. If BTC reaches capacity again and the network slows down and fees skyrocket, all of a sudden BCH looks much more attractive. I don't see the point in BCH unless SegWit2x proves to be unable to cope with future transaction load and the developers again refuse to make changes. At that point, you've got a clone with the capacity to handle the extra transactions, and I'm sure if push comes to shove, they'd adopt SegWit on top of it creating even more capacity. As for why anyone would use that over Litecoin is the same question as to why anyone uses Bitcoin over Litecoin if the transactions are so much faster and cheaper over there. BCH has one thing that differentiates itself, and that's a very recent shared identity and an outside shot of claiming itself the legitimate Bitcoin chain with the masses. (I don't buy it, but if everyone else eventually does... well, we're all at the mercy of the consensus in that regard.)
legendary
Activity: 3122
Merit: 1172
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August 03, 2017, 12:27:55 PM
Don't think of it like that. Think of it as there is Bitcoin, and then there is Bitcoin cash. Bitcoin cash you can treat it like it's a brand new all kind of came out of nowhere. It's getting about the same amount of traffic that a brand new out coin with a very good promotion steam ahead of time would have got. It is also getting a slight following from those who treat it like it's some sort of political deviation for Bitcoin.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
August 03, 2017, 12:21:50 PM
bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant

Such comparisons are meaningless as such

They would make sense if and only if the block capacity is utilized in full. And I'm afraid we will never live up to that, at least, not in respect to Bitcoin Cash. How many blocks have been mined since it forked off, a dozen or two? How many transactions are there? I understand that it is too early to tell by any metric but what makes anyone think that anything is going to change at all in the future? Why would people use this shitcoin when they can safely use, say, Litecoin, which is a lot faster and cheaper (in respect to fees)
legendary
Activity: 2044
Merit: 1115
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August 03, 2017, 10:40:25 AM
bitcoin cash is the upgrade version of bitcoin. bitcoin could handle approximately three transactions per second with its 1MB of data per block and bitboin cash 8mb per block. and i think bitcoin will increase rapidly and bitcoin cash will increase soon bitcoin is til the best best. .. and this time bitcoin will increase more than we think.

I believe the 1MB blocks could handle 7 transactions per second (that's the most common number I've seen cited). In any event, that's irrelevant since SegWit is supposed to increase space by 60% for transactions in the blocks, and then the 2x portion of SegWit is supposed to increase the blocks to 2MB in November. Back of the envelope math puts the transaction capacity then at 22 transactions per second. When trying to talk about the merits of BCH, that's the number you need to be competing against. Three transactions per second is either intentionally understated or ignorant.
sr. member
Activity: 644
Merit: 264
Aurox
August 03, 2017, 08:20:23 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 is the first coin in the market so we considered all the cryptocurrencies that made is also called as altcoins. I think bitcoin cash has a potential to be a good promising cryptocurrency because it is on the top 3 in market cap. It was shocking but I think it can overtake ethereum market cap and price in a couple of weeks.

With in a first day or second, it is not possible for us to judge, right now there are many speculations circulating because many people are thinking that soon the price of BCH will dump in the market like Zcash. In the beginning, Zcash creates a lot of hype in the market and afterward, it settles at some point.

Good comparison. I thought of Zcash too in that regard. Maybe Bitcoin Cash will not drop to zero, but it can decrease 50 times from its initial price just like it happened with Zcash.

As of now you have to pay just 120 satoshis/byte for a fast Bitcoin transaction, and this is a good sign compared to up to 360 satoshis/byte lately.

I do not agree that Bitcoin cash will be like Zcash. Zcash has made a superhype but it will not happen to bitcoincash. The price of bitcoincash is just right since it is a clone of bitcoin. I believe that if its price will go down if will stick to 0.1 btc and it will not go down anymore and it will continue to increase in value since it will be bitcoins new rival. Though there are many rumors and predictions that it will lose its value once all 21 coins will be distributed but I disagree with that. Just like bitcoin the public has a huge expectation on bitcoincash and they will treat it as the brother of bitcoin. I also believe that bitcoincash will replace ethereum on its 2nd ranking in the coinmarketcap. Just like bitcoin there are also huge companies who lined up that will support bitcoincash.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
August 03, 2017, 05:25:30 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 is the first coin in the market so we considered all the cryptocurrencies that made is also called as altcoins. I think bitcoin cash has a potential to be a good promising cryptocurrency because it is on the top 3 in market cap. It was shocking but I think it can overtake ethereum market cap and price in a couple of weeks.

With in a first day or second, it is not possible for us to judge, right now there are many speculations circulating because many people are thinking that soon the price of BCH will dump in the market like Zcash. In the beginning, Zcash creates a lot of hype in the market and afterward, it settles at some point.

Good comparison. I thought of Zcash too in that regard. Maybe Bitcoin Cash will not drop to zero, but it can decrease 50 times from its initial price just like it happened with Zcash.

As of now you have to pay just 120 satoshis/byte for a fast Bitcoin transaction, and this is a good sign compared to up to 360 satoshis/byte lately.
sr. member
Activity: 952
Merit: 250
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August 03, 2017, 05:01:06 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?

well that is the prediction and there are so many predictions, many said that it will run for the price of btc but they are just saying that it is just another alt for me. though the price of it is big but also the price of it can decrease immediately.
full member
Activity: 238
Merit: 100
August 03, 2017, 04:56:04 AM
Whether bitcoin will print gold as cash, all there is no guarantee when to fake bitcoin because gold price still exceeds bitcoin ??
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