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Topic: Bitcoin Vs Bitcoin Cash - page 31. (Read 17219 times)

legendary
Activity: 3304
Merit: 4543
diamond-handed zealot
August 02, 2017, 11:45:07 AM
#94
with the amount of money at stake in both chains, BCH is incentivized to try and sabotage the BTC blockchain at this point to make it unusable and drive people to BCH, thus increasing the value of the BCH tokens. I think it's more than likely that we're going to see attacks by both sides attempting to undermine the other, and that overall is going to be terrible for BTC/BCH and crypto generally.

https://www.youtube.com/watch?v=tInMR7QQUVc

legendary
Activity: 2044
Merit: 1115
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August 02, 2017, 11:39:00 AM
#93
I think that bitcoin can not compete with cash, because it's two different directions. They can exist in parallel complementing each other, but not destroying each other.

Are you discussing bitcoin cash or just regular cash? Because those are really two different, so different, things.
If you are really talking about cash as in fiat, right now bitcoins can't surpass it. But just wait.
Bitcoin cash on the other hand will never surpass bitcoins, I don't think it will ever be able to.

I suppose this will come down to whether SegWit2x can handle the growing transaction volume. BCH's entire premise is that BTC won't be able to scale suitably, and that's why they split off, to enact changes the better handle growing transaction volume. It's far too early to tell if it will have staying power, but if BTC can't handle transaction volume growth, or the network becomes over congested like it was for a large portion of this year with sky high transaction fees, it's going to give BCH a large validation that the split was necessary and BTC didn't do enough to address the problem. Unfortunately, with the amount of money at stake in both chains, BCH is incentivized to try and sabotage the BTC blockchain at this point to make it unusable and drive people to BCH, thus increasing the value of the BCH tokens. I think it's more than likely that we're going to see attacks by both sides attempting to undermine the other, and that overall is going to be terrible for BTC/BCH and crypto generally.
hero member
Activity: 896
Merit: 521
August 02, 2017, 11:35:40 AM
#92
Bitcoin Cash's value will remain 10 times less than BTC but with 10 times less mining difficulty as well. Just like ETC usually remains at 10 times less value of ETH.

1 BTC = 10 BCC... This is going to be the future rate.

Wow, this would be great Smiley Currently we see crazy growth for today, I'm going to enter after the first dump Smiley

I think this is not great because we are patronizing an altcoin forked out of the real bitcoin.

Also, you can read all of the comments of bitcoin users that they will just get their Bitcoin Cash and then send it to their Exchange wallet and sell it all off. I think most of the users will just be selling off their BCC because they are not interested in another Bitcoin/Altcoin. Who wouldn't like a free bitcoin out of the new Bitcoin Cash right?
There most probably be a price dump soon when all the BTC holders claim their BCH and were able to trade on all the main exchanges. Everyone would be selling it off for a better price and before the expected dump and I doubt after that phase BCH would be able to recover and come back to $700. After a month or so people might forget it.
sr. member
Activity: 994
Merit: 302
August 02, 2017, 11:31:50 AM
#91
What exchanges do accept bcc/bch? I already have my bitcoins in a software wallet and reading around for a reliable way to split them to get some bitcoincash. I know, I also believe like most people that btc would fare better than bcc but if done correctly, getting bch is still getting extra money and who doesn't like that?
sr. member
Activity: 1638
Merit: 300
August 02, 2017, 11:23:08 AM
#90
Bitcoin Cash's value will remain 10 times less than BTC but with 10 times less mining difficulty as well. Just like ETC usually remains at 10 times less value of ETH.

1 BTC = 10 BCC... This is going to be the future rate.

Wow, this would be great Smiley Currently we see crazy growth for today, I'm going to enter after the first dump Smiley

I think this is not great because we are patronizing an altcoin forked out of the real bitcoin.

Also, you can read all of the comments of bitcoin users that they will just get their Bitcoin Cash and then send it to their Exchange wallet and sell it all off. I think most of the users will just be selling off their BCC because they are not interested in another Bitcoin/Altcoin. Who wouldn't like a free bitcoin out of the new Bitcoin Cash right?
full member
Activity: 546
Merit: 106
August 02, 2017, 10:20:16 AM
#89
Bitcoin Cash's value will remain 10 times less than BTC but with 10 times less mining difficulty as well. Just like ETC usually remains at 10 times less value of ETH.

1 BTC = 10 BCC... This is going to be the future rate.

Wow, this would be great Smiley Currently we see crazy growth for today, I'm going to enter after the first dump Smiley
legendary
Activity: 1862
Merit: 1505
August 02, 2017, 10:11:42 AM
#88
Bitcoin Cash's value will remain 10 times less than BTC but with 10 times less mining difficulty as well. Just like ETC usually remains at 10 times less value of ETH.

1 BTC = 10 BCC... This is going to be the future rate.
hero member
Activity: 896
Merit: 514
August 02, 2017, 10:08:23 AM
#87
I think that bitcoin can not compete with cash, because it's two different directions. They can exist in parallel complementing each other, but not destroying each other.

Are you discussing bitcoin cash or just regular cash? Because those are really two different, so different, things.
If you are really talking about cash as in fiat, right now bitcoins can't surpass it. But just wait.
Bitcoin cash on the other hand will never surpass bitcoins, I don't think it will ever be able to.
sr. member
Activity: 546
Merit: 257
August 02, 2017, 10:06:35 AM
#86
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 would just remain an alt and in no way,it could become a substitute for bitcoin.But the thing we are seeing today is that bitcoin cash price is rapidly increasing because it is being pumped and BCC holders have no platforms to dump it.
It is just another stunt created by few developers who want to earn money ,we have seen it before as bitcoin unlimited, currently hype is created for it ,people who are investing bcc/bch  will soon going to cry as bch/bcc miner sell their coin .

That is right, Bitcoin cash will be another way for big whales to earn another big profit like what happened in BTU or the Bitcoin Unlimited. I think for now bitcoin is being their way to fool other users because they are known to these industry and obviously many will believe them because they know their thing. I will be just getting my Bitcoin Cash and sell it afterwards.
hero member
Activity: 910
Merit: 505
August 02, 2017, 10:00:07 AM
#85
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 would just remain an alt and in no way,it could become a substitute for bitcoin.But the thing we are seeing today is that bitcoin cash price is rapidly increasing because it is being pumped and BCC holders have no platforms to dump it.
It is just another stunt created by few developers who want to earn money ,we have seen it before as bitcoin unlimited, currently hype is created for it ,people who are investing bcc/bch  will soon going to cry as bch/bcc miner sell their coin .
legendary
Activity: 2044
Merit: 1115
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August 02, 2017, 09:46:47 AM
#84
If miners keeps support to BCC then for sure it will rise more then BTC.
Block size is larger then BTC and there are transaction problem occurs on BTC.
Lets wait and see whats going to happen but for sure i will buy on dips BCC

But the BTC chain which has segwit + 2MB blocksize (I know we have to wait a bit longer for those 2MB), and this results in a tx speed aproximatelly equal to a 8MB Blocksize without segwit.
The increased blocksize harms decentralisation because nodes get more expensive, so increasing the blocksize is not the perfect way.

Furthermore BCC has nearly no support and most people will dump it ASAP.

Are you certain about this? It's a fairly important point, and if it's true, BCH's distinction about 8MB blocks is superficial and arbitrary and renders BCH pointless since there's no functional difference. But I don't know if that is actually true. I read that SegWit is supposed to clear up space for 60% more transactions, so if you're getting 60% more transactions per MB, it would only be a 3.2x improvement over the old non-SegWit 1MB blocks, whereas 8MB blocks are an 8x improvement. It seems that BCH does have more scaling power at the present by more than 2 times over SegWit 2MB blocks.

Someone correct me if I've missed something.
hero member
Activity: 714
Merit: 500
August 02, 2017, 09:45:53 AM
#83
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 would just remain an alt and in no way,it could become a substitute for bitcoin.But the thing we are seeing today is that bitcoin cash price is rapidly increasing because it is being pumped and BCC holders have no platforms to dump it.
hero member
Activity: 1386
Merit: 504
August 02, 2017, 09:39:44 AM
#82
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 think bitcoin cash is another alt brought by hype and it is not a result of a fork right? So it is possible to dump .We dont know actually what is all about that altcoin and where it came from who is the creator of that etc. Don't be fooled by it and join the hype maybe it will only lose your money but it depends on you if you will take the risk.
sr. member
Activity: 508
Merit: 250
In CryptoEnergy we trust
August 02, 2017, 09:23:56 AM
#81
Don't get fooled by the rising bcash prices. Bcash is experiencing some major cluesterfucks right now.

There is a mysterious miner organisation from HongKong is mining almost empty blocks and they make sure that the difficulty stays high. So moving bcash is a pain right now. That makes it very easy to manipulate prices. And there is also that many exchanges don't let people to withdraw their bitcoins.

So you can't send your bcash to the exchanges, even if you do, exchanges won't let you leave.

I would do nothing right now but eat my popcorns while watching this freak show.
I'm kinda feeling like you dude. The increase on BCH price today is crazy even though the blocks are slow to process. I'll never trust chinese works so I'm staying away on BCH. They are setting trap now for zero knowledge traders.
legendary
Activity: 3276
Merit: 2442
August 02, 2017, 09:19:34 AM
#80
Don't get fooled by the rising bcash prices. Bcash is experiencing some major clusterfucks right now.

There is a mysterious miner organisation from HongKong is mining almost empty blocks and they make sure that the difficulty stays high. So moving bcash is a pain right now. That makes it very easy to manipulate prices. And there is also that many exchanges don't let people to withdraw their bitcoins.

So you can't send your bcash to the exchanges, even if you do, exchanges won't let you leave.

I would do nothing right now but eat my popcorns while watching this freak show.
member
Activity: 182
Merit: 10
August 02, 2017, 09:15:43 AM
#79
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 i am expecting that Bitcoin Cash will have the same value as Bitcoin but then like what others said that the Bitcoin Cash will be another Altcoin. But still, if it gives us opportunity to earn our own money then go for it Smiley
hero member
Activity: 910
Merit: 523
August 02, 2017, 09:08:46 AM
#78
Bitcoin cash price seems increase significantly, meanwhile bitcoin price drop back a little bit and stay calm around $2700, not bad at all. I thought bitcoin will decline to $2500 before segwit BIP141 be activated, but it still persists at this point.
I would like to see bcash price reach over $1000, maybe pumped but I am sure it will be fall down below $500 after reach highest peak.
Why not? Because people always do it all this time, with every cryptocurrency in the market as the object of trading. The question is, when it will be the best time to sell? Just wait and learn the market movement.
full member
Activity: 172
Merit: 100
August 02, 2017, 06:16:20 AM
#77
I think that bitcoin can not compete with cash, because it's two different directions. They can exist in parallel complementing each other, but not destroying each other.
sr. member
Activity: 434
Merit: 255
August 02, 2017, 06:12:57 AM
#76
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 think bitcoin is more safe because once you have bitcoin their value is in your hand until you didnt sell it.while bitcoin cash is already as good as cash.Its like fixed cash if you get bitcoin its already as g9d as cash.Theres no increase anymore.Its like youve cash out money bit no percentage anymore.While if your holding bitcoin you can have the choice if you want rhe price of bitcoin you will sell it.

Bitcoin get more supporter but bcc is having a great time now and this is very interesting since maybe this separated coins can make confusion to the whales on which of them will having a great success in the long run. And I really enjoying to see those two coins bumping their own butts ahead.
No matter how much we hate BCC we do still able to see that this coin is kicking up which it doesn't dump on its earliest hours instead it rose up its price which indicates that theres an interest among holders of it.
Lots of people do speculate that BCC will dump after it launch but now we see its somehow stabilizing its price and yes it just an another altcoin in the market but resemblance of the original bitcoin.

If you will be reading the statement of Satoshi Nakamoto about the future or his vision of this coin, it is the path taken by the Bitcoin Cash.
So you can't say that this is a resemblance of the original but it is the envisioned original bitcoin.
I'm by nature conservative. I hardly accept all new and people like me a lot. No one will hurry to adopt the new currency. It would be devastating for investors. I am glad that the price of bitcoin has stabilized. Probably most people won't accept new Alt.
hero member
Activity: 2926
Merit: 722
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August 02, 2017, 06:05:18 AM
#75
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 think bitcoin is more safe because once you have bitcoin their value is in your hand until you didnt sell it.while bitcoin cash is already as good as cash.Its like fixed cash if you get bitcoin its already as g9d as cash.Theres no increase anymore.Its like youve cash out money bit no percentage anymore.While if your holding bitcoin you can have the choice if you want rhe price of bitcoin you will sell it.

Bitcoin get more supporter but bcc is having a great time now and this is very interesting since maybe this separated coins can make confusion to the whales on which of them will having a great success in the long run. And I really enjoying to see those two coins bumping their own butts ahead.
No matter how much we hate BCC we do still able to see that this coin is kicking up which it doesn't dump on its earliest hours instead it rose up its price which indicates that theres an interest among holders of it.
Lots of people do speculate that BCC will dump after it launch but now we see its somehow stabilizing its price and yes it just an another altcoin in the market but resemblance of the original bitcoin.

If you will be reading the statement of Satoshi Nakamoto about the future or his vision of this coin, it is the path taken by the Bitcoin Cash.
So you can't say that this is a resemblance of the original but it is the envisioned original bitcoin.
Well you do have a point here though but considering and seeing on the interest and loyalty of people would still fall under on bitcoin which they wont really decide to exchange or leave it behind since it is the original one. We can see the situation on where BCC comes out but the price hasn't been affected too much on Bitcoin which means theres still really a good support. This would really just remain as an alternative after all.
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