Bitcoin vs Bitcoin Cash - page 39. | Bitcointalksearch.org

04antoxap

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Quote from: JollyGood on April 02, 2018, 10:44:12 AM

So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:

Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000

Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000

On every count Bitcoin beats Bitcoin Cash so the question arises, what was the point of creating Bitcoin Cash? Apart from making very rich bitcoin holding people even more wealthier by creating Bitcoin Cash and adding to their portfolio it seems that there was no need for it. I hear about transactions fees and groups of devs so on being better at Bitcoin Cash but in all honestly what was the point?

Did all those advocating the demise of Bitcoin actually exchange all their BTC for BCH? I doubt it.

To me it seems Bitcoin was always going to come out on top of that battle so why did those whales pushing for the fork really do it and create Bitcoin Cash?

It is impossible to predict the future of a young coin. The founder of the website bitcoin.com allegedly sold all of its BTCs only for the transition to BCH.

JollyGood

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Quote from: alisherusmonov89 on June 20, 2018, 01:17:40 PM

I trust bitcoin a lot more. But if you buy 10 bitcoin cash instead of 1 bitcoin, the profit will be more. But it seems to me that investing in bitcoin cash is much more dangerous than in bitcoin. In any case, you can divide the investment into two parts and see what happens.

If you look just to make a profit there are better alternatives to Bitcoin and Bitcoin Cash

pejuang_mamak

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bitcoin with bitcoin cash in my opinion can not be compared because bitcoin cash is there to create something better than bitcoin or refinement of bitcoin but I prefer bitcoin because long process that has passed bitcoin proves it better

alisherusmonov89

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I trust bitcoin a lot more. But if you buy 10 bitcoin cash instead of 1 bitcoin, the profit will be more. But it seems to me that investing in bitcoin cash is much more dangerous than in bitcoin. In any case, you can divide the investment into two parts and see what happens.

JollyGood

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Quote from: Dervish doff on June 20, 2018, 12:46:22 PM

I think it is very difficult for bitcoin coin to coincide with bitcoin, bitcoin is the king of all cryptocurency in the world, bitcoin its spirit cryptocurrency, any marketing pattern to compete and want to get rid of bitcoin become number two, I think it is impossible to do. and far from their expectations.

From what I understood you are correct, Bitcoin will never become a number 2 to Bitcoin Cash and Bitcoin is king

Destroyeroff98

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The Chinese strongly wanted to create a cryptocurrency the same as Bitcoin. Although it is a fork of Bitcoin, but it is quite successful.

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Quote from: JollyGood on April 02, 2018, 10:44:12 AM

So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:

Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000

Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000

On every count Bitcoin beats Bitcoin Cash so the question arises, what was the point of creating Bitcoin Cash? Apart from making very rich bitcoin holding people even more wealthier by creating Bitcoin Cash and adding to their portfolio it seems that there was no need for it. I hear about transactions fees and groups of devs so on being better at Bitcoin Cash but in all honestly what was the point?

Did all those advocating the demise of Bitcoin actually exchange all their BTC for BCH? I doubt it.

To me it seems Bitcoin was always going to come out on top of that battle so why did those whales pushing for the fork really do it and create Bitcoin Cash?

I think it is very difficult for bitcoin coin to coincide with bitcoin, bitcoin is the king of all cryptocurency in the world, bitcoin its spirit cryptocurrency, any marketing pattern to compete and want to get rid of bitcoin become number two, I think it is impossible to do. and far from their expectations.

JollyGood

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Quote from: diguyo on June 20, 2018, 12:05:22 PM

Bitcoin Cash was created on this idea that BTC wasn't progressing and that its community were halting the project and vision from fulfilling the potential that it should. However, BTC for me was never going to deliver what a lot of people expected - it's never going to replace traditional money. BTC serves as a token, or proof of concept for blockchain - this is what's most important here, the technology behind the coin. For that matter, a clone of BTC that's cheaper or faster doesn't really make a difference - it's still not going to be in a position to effect change in the world to your average person on the street. I've said it many times on here before, BTC isn't the be all and end all, blockchain is. BTC will not be around forever, and another project IMO will overthrow it. The biggest challenge for projects, is resisting theirs and their community's, interest in profit, and focussing on the important task at hand - improving the user experience, security, privacy and financial infrastructure...meaningful change and a genuine reason to exist.

Bitcoin Cash will ever be implemented in more places than Bitcoin? Bitcoin Cash will be accepted by the majority of the community as a valid replacement for Bitcoin? On both counts a resounding "no" in my opinion.

diguyo

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Bitcoin Cash was created on this idea that BTC wasn't progressing and that its community were halting the project and vision from fulfilling the potential that it should. However, BTC for me was never going to deliver what a lot of people expected - it's never going to replace traditional money. BTC serves as a token, or proof of concept for blockchain - this is what's most important here, the technology behind the coin. For that matter, a clone of BTC that's cheaper or faster doesn't really make a difference - it's still not going to be in a position to effect change in the world to your average person on the street. I've said it many times on here before, BTC isn't the be all and end all, blockchain is. BTC will not be around forever, and another project IMO will overthrow it. The biggest challenge for projects, is resisting theirs and their community's, interest in profit, and focussing on the important task at hand - improving the user experience, security, privacy and financial infrastructure...meaningful change and a genuine reason to exist.

Ngewex Yuk

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The presence of bitcoin cash that has not been a year old makes the competition very interesting, it must be admitted that transactions with bitcoin cash are faster and cheaper than bitcoin, and I think bitcoin cash is a future coin.

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Quote from: a123canz999888 on June 20, 2018, 11:43:19 AM

I think that Bitcoin cash was not able to beat Bitcoins price even today. People were exchanging their Bitcoins to Bitcoin Cash at first and was actually hodling but some realized it was a trap and others are still hoping it would one day be worth more than Bitcoin.

I agree with you. No chance Bitcoin Cash will ever come close to Bitcoin.

a123canz999888

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I think that Bitcoin cash was not able to beat Bitcoins price even today. People were exchanging their Bitcoins to Bitcoin Cash at first and was actually hodling but some realized it was a trap and others are still hoping it would one day be worth more than Bitcoin.

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Quote from: sdifuasjnz8888 on June 16, 2018, 05:13:44 AM

Bitcoin Cash is continuing the way Bitcoin was designed to progress. BTC is making a massive experiment into an entirely different system based on different principles.

If what you say is true then it means when lightening protocol is implemented by Bitcoin is makes all the reasons Bitcoin Cash was created and promoted, effective void and does not need to exist.

sdifuasjnz8888

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Bitcoin Cash is continuing the way Bitcoin was designed to progress. BTC is making a massive experiment into an entirely different system based on different principles.

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Quote from: tranhungdao068 on June 15, 2018, 01:16:08 PM

BitcoinCash is just a clone of Bitcoin but with faster and cheaper transtactions.

Maybe true in the past and maybe true as of now but when lightening protocol is implemented in Bitcoin then Bitcoin Cash with fade away becoming as relevant as something like Dogecoin unless Ver implements the same lightening protocol in Bitcoin Cash after the Bitcoin team do all the hard work first. If Ver does copy the lightening protocol for Bitcoin Cash then it will become irrelevant any because it would defeat the objective of the main reason it was created (speed and low tx fees)

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Bitcoin cash is openly biggest fraud in cryptoccurency, all coins at the top with bitcoin are fighting with fiat just bitcoin cash is fighting wiht bitcoin and it damage image of cryptocurrency.

tranhungdao068

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BitcoinCash is just a clone of Bitcoin but with faster and cheaper transtactions.

lovenlifelarge

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I am not a fan of Bitcoin Cash, but considering the factor that it may grow more compare to the original, the potential is higher, but I dont like the people behind it. They are look sketchy.

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Quote from: kostepanych2 on June 14, 2018, 05:09:17 AM

The purpose of creating Bitcoin Gold is the same as the purpose of creating any other altcoin - speculation and making money.
Bitcoin Gold is now on top 10 and it means that it's very successful altcoin. But it will never beat Bitcoin...

Exactly because Bitcoin Gold is a fork. Bitcoin is king

kostepanych2

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The purpose of creating Bitcoin Gold is the same as the purpose of creating any other altcoin - speculation and making money.
Bitcoin Gold is now on top 10 and it means that it's very successful altcoin. But it will never beat Bitcoin...

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