Bitcoin vs Bitcoin Cash - page 54. | Bitcointalksearch.org

gudrun

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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 believe that bitcoin is always the best choice at the moment. You can see that with the very great applications that bitcoin brings, bitcoin is the most valuable and most influential coin in the market. You can see that bitcoin capitalization accounts for 45% of the total market capitalization, an extremely large number that BCC is hard to beat.

feverpitch

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After the fork transactions started to going slower and miners fee became a getting crazy, so using BTC for anything is nearly impossible

JollyGood

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Quote from: kissme09 on April 09, 2018, 04:49:38 AM

What makes Bitcoin Cash worth it is the investors who own it. Investors keep Bitcoin Cash in great quantity, and they help to boost its price on the exchange. People believe in it because they get it from maintaining Bitcoin in the previous hard fork event. And they think that if they hold Bitcoin Cash, they will make a profit.

They HAVE made profit by default because of the fork.

Regardless of the facts Bitcoin Cash is still a valuable commodity with a great market capital and 24hr volume base, but again I emphasise the point (and ask people to reply with their opinions) about what the real reasons were to fork Bitcoin.

These same alleged benefits (faster transactions and larger 8mb blocks) could have been created with a whole new coin. I think those promoting the fork and advocating it saying it was the "real Bitcoin as per Satoshi's vision" were promoting nonsense and it was their greed to have BCH for free that was the driving factor. They did not care about Bitcoin or de-centralised trading or anything else. To me it seems they made a lot of money from being early investors in Bitcoin and because they held large amounts they were trying to control it. They lost, so they forked and tried to destroy Bitcoin but it backfired.

Bitcoin is still king and I prefer it that way

siap86

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bitcoin will always have a high value, not just against the bitcoin cash but also against all existing crypto because bitcoin is the first coin and can be called as a reference.

kissme09

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What makes Bitcoin Cash worth it is the investors who own it. Investors keep Bitcoin Cash in great quantity, and they help to boost its price on the exchange. People believe in it because they get it from maintaining Bitcoin in the previous hard fork event. And they think that if they hold Bitcoin Cash, they will make a profit.

JollyGood

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Quote from: arthotdog on April 09, 2018, 04:00:04 AM

i dont know why many users been found trusting bitcoin cash when they already know that this was only a fud to put bitcoin down,but surprisingly after then still a hopeless case to be on top one coin..bitcoin will always be the number one ,unless all of us withdraw our faith on it,and transfer to that bch after

It was also to make whales a lot of money. It would be interesting to know how many whales kept their BCH or swapped for Bitcoin.

Karam.aq

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the main reason bitcoin cash was created is to cut translation time and fees

arthotdog

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Quote from: Beerwizzard on April 02, 2018, 11:07:22 AM

BCH was pointless from the very begining. It was created in order to spread FUD while spamming the original network. Bitcoin Cash devs claim that it was created to remove bitcoin's disadvantages but:
1. If you need biger blocks you coula already use LTC. It have bigger blocks, fast transactions and low fees.The point that BCH blocks are even bigger is not making any sence, the diffirence if insignificant for anyone.
2. Even if we accept that BTC network was not spammed then just take a look at its fees at the peak times. 20$+ fees was a normal thing. if you split this number by 8 you will still get higher fees then BTC had at the begining of the previous year and that is the fee that BCH will have with the same market cap. Scaling on blockchain is not an option.
3. Lightning network is going to solve all issues with tx speed and fees. BCH will become completely pointless. It is already useless but then it will be even worse.

i dont know why many users been found trusting bitcoin cash when they already know that this was only a fud to put bitcoin down,but surprisingly after then still a hopeless case to be on top one coin..bitcoin will always be the number one ,unless all of us withdraw our faith on it,and transfer to that bch after

JollyGood

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Quote from: gon on April 08, 2018, 05:49:53 PM

11B is still enormous amount of money - the BCH cap.
I never liked the fork/project, but it's supported by Bitmine and other big players.

I don't believe in BCH, but I'm holding few for just in case

Sure it is a good idea. Why not hold on to them, at the end of the day it is all about money and I wish you make it from BCh and whatever else you might have.

I wish success to all those who received free BCH because of the fork but I just do not think the block 8mb justifies enough for a fork to occur.

Kingofbitcoin12345

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Bitcoin in a lifetime will be challenge to be dethroned by new coins.. This is normal,, that for many times bitcoin slaped it with the reality,, it can’t be done by just claiming it is faster,, cheaper and better.. Bitcoin cash supporters done too much to make things happen,, to encourage bitcoin users to jump ship,, to discourage new investors to bitcoin and instead go to bch.

They’ve done so many things,, but the sad part they’re failing the fight.. Bitcoin remains victorious.. And still undefeated since on its creation..

gon

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11B is still enormous amount of money - the BCH cap.
I never liked the fork/project, but it's supported by Bitmine and other big players.

I don't believe in BCH, but I'm holding few for just in case

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What makes them different is that Bitcoin Cash has a block size limit of 8 MB — eight times more than Bitcoin. This allows it to process more transactions per day, speed up processing times, and reduce fees. Transaction fees come in at around $0.20, making them much cheaper when compared to those of its rival. But they will increase once more people start using the currency.

xitrum

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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?

You can see that the present time market is still dominated by the bitcoin price increase or decrease, the bitcoin rate still accounts for 45% of the market capitalization, so I think the time You should now invest and trade bitcoin. Investing in bitcoin at this time will reduce your risk and will save you the most money.

JollyGood

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Quote from: Hadji on April 08, 2018, 04:45:34 PM

It is very possible that this is the next currency that will replace bitcoin, I'm thinking of buying it on hold, I still believe that bitcoin is not eternal and must be replaced on schedule. (My opinion)

If a coin has to replace Bitcoin then surely there must be something special or unique about it. From what I see Ripple network and Ethereum have more chance than Bitcoin Cash to replace Bitcoin but for now and the next few years it is so hard to see anything beyond Bitcoin as the top crypto.

It seems BCH was launched in a rush, not properly planned therefore has nothing that can benefit anybody. The 8mb block is nothing special and does nothing to dislodge Bitcoin or threaten its position. The only benefit I see is that the short term financial gain the whales would have had when receiving free BCH as a result of the fork.

t3m4nc0k

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Apart from that all I am still investing in both. I will still trust bitcoin and bitcoin cash because I know both have lower prices and I will take advantage of that momentum Grin

Hadji

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It is very possible that this is the next currency that will replace bitcoin, I'm thinking of buying it on hold, I still believe that bitcoin is not eternal and must be replaced on schedule. (My opinion)

Chrystora123

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Omicron is another FUD

we know Bitcoin is a decentralized coin while Bitcoin Cash does not seem to me, so Bitcoin Cash cannot beat Bitcoin in the future,
I had a bad experience with Bitcoin Cash when the Bitcoin Cash just appeared.

gantez

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Quote from: Duogembrot on April 02, 2018, 02:50:20 PM

of course I would choose bitcoin instead of choosing bitcoincash because I think bitcoin cash is a little less than the maximum and never seems to be able to compete with even the price of bitcoin.

It is undounting that bitcoin core and bitcoin cash are not to be compared. Cash is a fork from bitcoin core and for the value, bitcoin core is supreme for sure.

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Quote from: Yusuf77 on April 08, 2018, 02:28:17 PM

Bitcoin is clearer in its future and has gained a lot of trust from people. so I recommend bitcoin to be invested in the future. so it's better to choose bitcoin instead of bitcoin cash

I agree but in that case why do you think the fork was created in the first place? From what I see it served no benefit.

ArnoldChippy

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Quote from: iconicavs on April 05, 2018, 09:25:52 AM

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 was so high and it felt like it will never go down "this low" but it did. I still think bitcoin is under control and will be able to stand up soon. I just hope the investors won't panic and sell their coins because they are losing interest. This will cause another drop due to panic selling.

There is no doubt about this, bitcoin price has good potential and it will surely increase too much may be much more that its previous high price, therefore i think that still it is a good opportunity with the investors to invest money in bitcoin and get a very good profit like the people who make money in bitcoin in previous time. We just need to be patient and wait for some more time.

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