Topic: Bitcoin vs Bitcoin Cash, was it scam? (Read 546 times)

bitcoincash is great to try to make peer 2 peer better than normal bitcoin.

I can’t pay a 10$ fee to send 5$ so that I need bitcoin.

There are many people who can not own bitcoin or bitcoincash because their prices are too high. Because they can not own it, they call it a scam or a bubble when prices start to move fast.

Thank you very much for the suggestion, I added a few lines in the original post!

No, I read your post, and I was not really talking about your post since it was wide. It started with the same wrong assumption but later you made clear your point and added valuable points to the discussion, I am thankful.

It wasn't the first time when Bitcoin Cash value was pumped. The same thing happened not that a long time ago. I wouldn't recommend anyone to exchange Bitcoin to Bitcoin Cash because its value is far more unstable than Bitcoin's. SegWit has been already introduced, it is a matter of time before Bitcoin Core releases software which will have full support of it. Lightning Network is almost here and I must admit that it works great.

Roger Ver buy bitcoin.com and he with co-founder "website" try to destroy bitcoin.

they use them old bitcoins to buy cheap bitcoins and make bitcoincash stronger.

you will waste money if use BCH.

Yes, a few posts later.  Lovely.  Do you know the FUD effect your original post may have, when idiots see it?  Whatever your intentions, that was an extraordinary mistake.

For my part, I quoted your correction in my post; thus, it’s clear that I did read the discussion up to that point.  I also provided a link to Satoshi’s discussion of why he didn’t have the bitcoin dot-com domain name, back in March of 2010.  I presume you had not seen that; most people haven’t.  (N.b. that as far as I know, the domain has changed hands since then—and has never been in the hands of any decent Bitcoiner.)  When I wrote my reply, as you must surely understand, I did not write only it to you; I covered the topic adequately for you, and for anybody else who might read through this thread.

But I must here give you a friendly tip:  If you expect for people on Internet forums nowadays to actually read anything before shooting their mouths off, prepare to be disappointed.  I know that I am, seemingly in perpetuity.

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Edit:  P.S.:  I suggest that edit your original post to add a note like this one, appending the correction to your original post.  That way, people numbskulls who only read the first post will actually see your self-correction—with more graceful results all around.  I do not recommend editing the substance of your post.  Not only would that be dishonestly rewriting history; but it would also make you look like a fool, since your original post is fully quoted in multiple other posts in the thread for anybody to see.

So apparently, many of people here don't read or follow the news or even 3 pages of discussion here, allow me to make a few points a little bit clear:

1. I am newbie but I know bitcoin does not have a co-founder. I meant co-founder of bitcoin.com, and I made it clear a few post later!

2. bitcoin cash reach to 8500$ even 9000$ for 2 hours, in coinbase.com. The reason was inside trading! I am surprised people even don't follow the basic breaking news all over the internet.

3. The whole topics of this discussion was around the banaza move that basecoin.com and co-founder of bitcoin.com pull off! This move not only made some people lose their money, but also it caused the price of BTC go down by 30 to 50% over a few days!

I appreciate great discussion of many of you! I learned a lot but make sure spend a few mins on previous answers to not have wrong assumptions, and repeating already giving points!

LOL? Bitcoin Cash? I don't think that bitcoin cash reached that 8k USD. Really? What a great FUD you're spreading. And also that thing, the co-founder of bitcoin moved to BCH? I don't think so.

Why letting fud affect our decision and when has that guy become co- founder of bitcoin, is there and record as co- founder in bitcoin history a part from santoshi Nakamoto himself alone can make that kind of statement about bitcoin. And bitcoin cash price has never reached $8500 so you should always get your facts right before coming out to make statements.

There are no regulations that exist for Bitcoin to prevent something like that, and there shouldn't be any kinds of regulation to prevent something like that since there isn't any point behind trying to regulate a completely free economy. It's always up to the free market to choose where it is going to go, that's the beauty of it all. if there's a pump, the market should correct it or it will stay at that price and the market will have to change to reflect that. Why would any kind of regulation be a benefit to the crypto economy?

No they are not a scam. If bitcoin was a scam so many cryptocurrencies would not exist and Bitcoins value would not be where it is now.

First you need to realize he is not the co-founder of Bitcoin, Emil Oldenburg is the co-founder of Bitcoin.com. That's a big difference.
We really do not know if Oldenburg sold all his Bitcoin he did not show any evidence that he did that. Well if he did that is his opinion and trading strategy I do not see any illegal activity there. He is famous in the crypto market so some traders will follow him and some will also take advantage of it.

I agree that there should be some regulation in trading crypto.

i respect nakamoto that he challenged the communal national banker cartells, they are indeed evil and cause poverty, bitcoin however isnt great anymore and its not capable to carry the value and the diversity and the insentives to manage the worlds economy,

i mean jes bitcoin is decentral by why should the ownership and installation of vast computation power be so extremly rewarded?

when people will care more about the quality of the encrypted token than about the plattform itself, we have successfully decentralised the worlds financial system.

well the founder is nakamoto and still bo is known who respect to coinbase because you have to revise that and what you say about the regulations can not be lost the sense of the currency is supposed to be decentralized

of course he does, there is nothing valuable about bitcoin anymore, and they see the opportunity in bitcoin cash,

bitcoin, has:

- high fees
- wastes a lot of electricity
- 50% of it is owned by less than 1000 people

bitcoin cash is:

-new
-can be sold as new product for money that people currently still work for
-idiots will be easier found than for bitcoin because they need idiots for the investments

bitcoin will be:

-abandonded and it collapses, till there will be a suitable balance between transaction costs and value,
-it will end up like netscape of cryptocurrencies.

but my honest advise is:

this kind of announcement of bitcoin developers should make you suspicious, about bitcoin cash actually... when bitcoin collapses and milllions of believers will lose their wealth, (what i think is 100% sure)
bitcoin cash and the bitcoin developers wont be popular, people might stream like fanatics to waves and ethereum then and similar then.

regards

this BCH episodeis getting rediculous. it's over, guys.

I wanted to have BCH just to make a few purchases from Bitmain since they only accept BCH.

“New” carries a chance of being a scamcoin shill.  Just FYI.  I think you probably came here for reasonable discussion; but when launching straight into a controversy, you should understand that it’s better to prove yourself by your behavior than to ask upfront for niceness.


Say what?  Bitcoin has no “co-founder”.  What could you possibly be talking about?



Oh, that.  According to Bitcoin’s founder, Satoshi Nakamoto, the domain name bitcoin.COM never had anything to do with Bitcoin!  If you see people confused over the domain name, please spread that link—and also, give people the correct link to bitcoin.ORG, the domain name originally registered by Satoshi.  (FYI also, this forum used to be hosted under bitcoin.ORG before it got its own domain name.)


drpixou, either you are lying, or you are stupid.  Pick which one.  There is only one Bitcoin.  There is only one Bitcoin Core; it never “split”.  The misleading misnamed “Bitcoin Cash” is a scam backed by Jihan Wu of Bitmain, a miner who is believed to be covertly exploiting the ASICBOOST security vulnerability which Bitcoin fixed with Segwit.  (So-called “Bitcoin Cash” scamcoin is still vulnerable.)  It is promoted by Roger Ver, a sleazy thug who happened to get his hands on the domain name bitcoin.COM.  It is trash, not cash.  So-called “Segwit2X”, also misnamed and mis-advertized, was a hostile takeover attempt which started with the so-called “New York Agreement”.  Bitcoin Core has been opposed to this nonsense all along.


Say what?  No, BCH is far behind Bitcoin in technology.  Bitcoin has the Segwit upgrade.  Bitcoin will soon have Schnorr signatures, MAST, and possibly sidechains.  Bitcoin will soon have L2 scaling with the Lightning Network.  BCH has none of these technologies.


Last month, I laughed as the sheep got sheared.  No, I am not nice—at least, not to scammers and morons.  Meanwhile, with all the blatant market manipulation involving breathtaking amounts of money, Roger Ver and his cronies managed to knock Bitcoin down about 30% for all of a few days.  Bitcoin rebounded to a new all-time high within the week, whilst BCH crashed from its peak and lots of newbs lost all their money.  (I know that you know this; I am giving capsule history for the newbs.)

Because of insider trading.

the news was it hit 9K in minutes on coinbase at the rollout

that's why they pulled the plug for days

it's been in major media it hit 9k