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Topic: Bitcoin vs Bitcoin Cash - page 52. (Read 31835 times)

legendary
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April 12, 2018, 01:56:47 PM
Bitcoin cash was created by miners to blackmail developers. So far, many asics sellers accept bitcoin in cash but do not accept bitcoin for payment. But this forced the developers to abandon the introduction of segwit2x. Part of the blame for the current prices lies with these contradictions. That's the reason I never look at the bch.

An interesting perspective. Good to read so many different views on this subject by far most are not holding a high opinion of Bitcoin Cash.
sr. member
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April 12, 2018, 01:24:33 PM
Bitcoin Cash was really pointless from start, it created to spread FUD, when spamming the original blockchain network
Bitcoin cash was created by miners to blackmail developers. So far, many asics sellers accept bitcoin in cash but do not accept bitcoin for payment. But this forced the developers to abandon the introduction of segwit2x. Part of the blame for the current prices lies with these contradictions. That's the reason I never look at the bch.
member
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April 12, 2018, 01:06:16 PM
At this present time bitcoin is the more value available coin. But all county in this world does not accept this coin. So bitcoin is not acceptable all people.That is why Bitcoin is more receivable than cash.But there will be a time when Bitcoin will be aware of the use and its usefulness. Than Bitcoin will be more acceptable form cash.
sr. member
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April 12, 2018, 11:23:10 AM
Bitcoin is the first decentralised digital currency which is a  peer to peer electronic cash. Their is no central authority or person can control it.  Bitcoin cash also symbolise as BCH. Which is invented after Bitcoin also follow above thing. The main difference between Bitcoin and Bitcoin cash is the transaction cost and processing speed. Bitcoin cash invent due to this. Increase price of Bitcoin slower the processing speed of block which ultimately increase the transaction cost and bitcoin cash helps us to overcome this situation. Bitcoin cash solve more transaction then Bitcoin in particular given time.  Smiley

legendary
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April 12, 2018, 10:47:39 AM
Ofcourse its to please roger ver,because hes the Jesus of bitcoin cash lol..but seriously i dont see any comparison about this two coins,because for me if theres one coin to compare about the price of bitcoin,its ethereum and nothing more

Other posts stated several names alongside Ver who were also said to be whales or owners of various exchanges who wanted to line their own pockets. It seems their attempt to take over the Bitcoin community has failed and their market capital currently at $11 billion is only there because it was forked from Bitcoin.

Yes it seems Ethereum might be second only to Bitcoin but at least they are two different operating styles and offer thing things to investors.
hero member
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April 12, 2018, 10:11:22 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?

Ofcourse its to please roger ver,because hes the Jesus of bitcoin cash lol..but seriously i dont see any comparison about this two coins,because for me if theres one coin to compare about the price of bitcoin,its ethereum and nothing more
sr. member
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April 12, 2018, 10:10:48 AM
Bitcoin Cash was really pointless from start, it created to spread FUD, when spamming the original blockchain network
But we can not deny that it is better than bitcoin. Bitcoin cash can solve more than 300000 transactions in only 1 block while bitcoin can not even make 300000 transactions in a day. People only love bitcoin because it is the first cryptocurrency to be born and it will still rise for a few more years
legendary
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April 12, 2018, 09:45:33 AM
Bitcoin Cash was really pointless from start, it created to spread FUD, when spamming the original blockchain network
Bitcoin helps the whole world in transaction within seconds. Later on it brought BTM that is the easiest way of connecting global market and people to transact amount without any difficulties. It is totally frictionless; it was designed to make the global of Bitcoin frictionless.

With blockchain technology it brought more technologies features that help people achieving Bitcoin easier and buy Bitcoin from an authentic source. All these technologies helped in making Bitcoin more popular and the future technologies will also add more to the popularity and advantages of Bitcoin.

Thank you. Keeping your post in mind, why exactly do you think Bitcoin Cash was created then?
newbie
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April 12, 2018, 07:33:32 AM
Bitcoin Cash was really pointless from start, it created to spread FUD, when spamming the original blockchain network
Bitcoin helps the whole world in transaction within seconds. Later on it brought BTM that is the easiest way of connecting global market and people to transact amount without any difficulties. It is totally frictionless; it was designed to make the global of Bitcoin frictionless.

With blockchain technology it brought more technologies features that help people achieving Bitcoin easier and buy Bitcoin from an authentic source. All these technologies helped in making Bitcoin more popular and the future technologies will also add more to the popularity and advantages of Bitcoin.
I agree I think so too.
full member
Activity: 476
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April 12, 2018, 07:22:46 AM
honestly I prefer to have bitcoin rather than bitcoin cash because I think when you have bitcoin you can play altcoin which can suport payment using bitcoin and for now bitcoin cash can not be used to buy altcoin which means can not grow assets with bitcoin cash. just imagine if bitcoin cash suddenly collapsed and not worth what will you do? it is better to avoid the risks.
legendary
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April 12, 2018, 07:15:47 AM
Bitcoin Cash was really pointless from start, it created to spread FUD, when spamming the original blockchain network

I agree. To look beyond that and try searching for anything else is very hard to accept. It seems it was pointless because it brought nothing new or innovative to the community but it was pushed through to make the whales money
legendary
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April 12, 2018, 05:56:09 AM
Bitcoin Cash was really pointless from start, it created to spread FUD, when spamming the original blockchain network
Bitcoin helps the whole world in transaction within seconds. Later on it brought BTM that is the easiest way of connecting global market and people to transact amount without any difficulties. It is totally frictionless; it was designed to make the global of Bitcoin frictionless.

With blockchain technology it brought more technologies features that help people achieving Bitcoin easier and buy Bitcoin from an authentic source. All these technologies helped in making Bitcoin more popular and the future technologies will also add more to the popularity and advantages of Bitcoin.
sr. member
Activity: 381
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April 12, 2018, 05:31:22 AM
Bitcoin Cash was really pointless from start, it created to spread FUD, when spamming the original blockchain network
legendary
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April 11, 2018, 01:01:40 PM
5. Bitcoin Cash's official website states that the new digital currency fulfills the original promise of bitcoin as peer-to-peer electronic cash. The users are empowered with low fees and reliable confirmations.

Having read that very informative post from you I firstly thank you but having paid extra attention to point #5 raised above I noted it could have stated:

5. Bitcoin Cash's official website states that the new digital currency fulfills the original promise of bitcoin as peer-to-peer electronic cash. The users are empowered with low fees and reliable confirmations and as proof that all developers and teams and whales behind this fork (which by far the majority of the Bitcoin community did not want) are so sure they are on the right path and Bitcoin is on the wrong path a decision has been made that on the first of the fork going live ALL developers and teams and whales behind this fork will sell their Bitcoin and invest in Bitcoin Cash. They will also never invest in Bitcoin because they do not believe in it and will only deal with Bitcoin Cash. This fork has not been created for the sake of billions of dollars that whales will receive by having non-mined free Bitcoin Cash as a result of the fork. This fork was created to save Bitcoin and find a new path because we are honest kind people who did all this for the sake of the community but as a side-effect of the fork the whales who pushed for the fork will get even more rich

member
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April 11, 2018, 10:21:20 AM
1. Because of influx of investors in bitcoins, two major problems had occurred. The first was the slowdown of clearance of payments. Second the transaction fee had risen. After these two reasons surfaced, the bitcoins usability started falling. By 2017, several early retail adopters had started abandoning bitcoins, or started switching to the rival digital currencies.

2. The old bitcoin had a maximum limit of 1 MB of data per block or about 3 transactions per second. Although these limits could be raised technically, the bitcoin community never reached a consensus after years of debate. So, instead of raising the limits, the community decided to create another blockchain (which was later known as Bitcoin Cash) with the improved limits. The older bitcoins were taken to this new and improved blockchain that had a maximum limit of 8 MBs per block.

3. From the hard fork on August 1, 2017, Bitcoin Cash was born, increasing the capacity limit of each block. The purpose of the fork was to raise the number of transactions that can be processed by increasing the block size to 8 MBs against 1 MB of bitcoin.

4. Bitcoin cash is the hard fork of the bitcoin. A hard fork occurs when a blockchain splits into two incompatible separate chains. Anyone who held bitcoin at the time of bitcoin cash was created automatically became owners of bitcoin cash.

5. Bitcoin Cash's official website states that the new digital currency fulfills the original promise of bitcoin as peer-to-peer electronic cash. The users are empowered with low fees and reliable confirmations.

legendary
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April 11, 2018, 09:49:00 AM
#99
So far it seems most people posting here go with the idea that Bitcoin Cash was created by whales to make money because of their greed and hope to destroy Bitcoin and not to provide a great facility to the community.
full member
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April 11, 2018, 07:58:03 AM
#98
Bitcoin is first and the most popular digital currency that had a great potential and have a huge price than other altcoins.
Bitcoin Cash is created an alternative to bitcoin it also had a good potential and price  but not like bitcoin. I don't think there's comparing between bitcoin and bitcoin cash because bitcoin is always the King.
full member
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April 11, 2018, 07:35:12 AM
#97
What was the point of creating Bitcoin Cash? The point is called FIAT CRYPTO, which means that by forking a popular coin like Bitcoin and having a good hype on your side you just manage to create money out of thin air, exactly as the central banks that the crypto-people so much despise, do.
sr. member
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April 11, 2018, 07:32:46 AM
#96
You are asking about original vs clone?
Of course people would always go with the original if they have the money,
But there are times when we would also take the clone in order to gain profit,Bitcoin wod always be the best for me.
newbie
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April 11, 2018, 07:06:07 AM
#95
As far as I know bitcoin beats bitcoin cash the value really differs. Either of the two people wants to have both because all we know that it is really in demand and it prosper the business world if you have it both. Bitcoin is an advantages for everyone because we cannot determine how much is the help of bitcoin to our country and community. The economis will stabilize for the future.
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