Topic: BTC is SCAM, US Government Institute Claims Bitcoin Cash Is ‘Original’ Bitcoin. (Read 268 times)

so if another fork happen then bitcoin cash one day will also become a scam. delusional

Bitcoin Cash wants to give itself the trademark of Bitcoin.

Btc is not a scam and it has proved itself in the crypto market from past few years .You feel it as scam as you are not much aware of it before posting something regarding a fake news try to learn what it is and its real value in the market.Never come to conclusion from things that you hear from here and there or try to get advise from the once who are in the btc market from past few years or just help yourself and learn about bitcoins from this forum then you will understand whether it is  a scam or not.

Really? or they are just going with the flow making fake new in order to gain more viewers. Trying to take advantage with the dump.

The United States government can admit, basically, the United States government is always making trouble. we who know bitcoin for a long time, remain convinced that the original bitcoin is currently in circulation. of course the original Bitcoin Satoshi

I stopped reading the article when I got to the part where it mentioned that the US Institute said that " Technically Bitcoin is a fork and Bitcoin Cash the original Blockchain ". That is a bold way to say something inaccurate and very ridiculous. The Bitcoin cash proponents are just too full of themselves.

Hilarious to say the least.

that's propaganda. because they want price bch up so the whales use media claim that bch more batter than btc. reality there are so many altcoin more better than bch and btc. example like Bitshares aka BTS. this coin can handdle 100000 tps.

my advice should not be too easy to believe what media says.  we should be a little skeptical of what we read.

Now laughing harder.

What? So bitcoin cash born first than bitcoin? They not checked the DOB both of them

bitcoin has not been bitcoin since 2014.

as soon as one team branded it and took ownership of it, saying no other team can be bitcoin. it no longer became bitcoin.
the point of bitcoin ethos is no one should own the decisioning power.

then from a technical bases, whichever codebase looks most like the bitcoin codebase prior to 2014 is the most closest to what bitcoin should be
and im afraid to say segwit codebase has far more lines of code that differ, far more rules that differ. far more address structures that differ, far more network topologies that differ.

that said the population will follow whatever path the exchanges/merchant tools(shoppingcarts) accept, no matter what the code/team brand is
so it ends up being that the sheep will follow the popularity, not the logic.

pre-empting standard core/blockstream defender posts
1. i dont even think BCC is bitcoin either because of the lack of merchant use from bitpay/coinbase, where merchants advertise "we accept bitcoin"
2. many will say i have been team Ver because i have been opposed to team core since 2014. but over the years team core have pigeon holed me as team gavin, team hearne, team ver.. because they cant grasp that im defending bitcoin.. not a team(on any side)
3. if you trusted a farmer for years that they are the only source of chicken eggs. if they hand you a duck egg and say its a chicken egg, does not make it a chicken egg. so take your farmer defense hat off and look at the egg
4. if your still defending a team, you have already lost the bitcoin debate

Which coin was it where the fees went over $40.00 because my friend warned me about that being a scam

I think this is the article that OP wants to say https://cointelegraph.com/news/fork-fail-us-government-claims-bitcoin-cash-is-original-bitcoin

Unfortunately the writer of this article is an idiot because the document that he/she provided was not an official document, and the NIST that provided that document already fixed it.

Stated on the article:
“When SegWit was activated, it caused a hard fork, and all the mining nodes and users who did not want to change started calling the original Bitcoin blockchain Bitcoin Cash (BCC),”

That is totally wrong, segwit (soft fork) is not the cause why there is a hard fork (Bitcoin Cash), there is a disagreement between the core developers and people that proposed the increase in block size limit that makes BCH developers create their own version of Bitcoin and contrary to that, core developers also proposed a solution which is segwit and an off-chain solution which is lightning network. Segwit and Bitcoin Cash are activated/implemented at the same time.

Bitcoin Cash is a hard fork and Bitcoin is the original chain that is created by person or group of people named Satoshi Nakamoto.

what makes them claim that bitcoin cash is the "original" bitcoin? what basis could there be to support that claim?

technically, i think the original bitcoin was the version created by satoshi nakamoto - the very first version, the version without iterations. when that version of bitcoin went through iterations and forks, then the original was changed.

however, since bitcoin follows certain consensus rules, and a bitcoin consensus - or a general agreement of what is called bitcoin by a majority of participants, then forks that deviate from these rules cannot be referred to as bitcoin. since bitcoin cash digressed from bitcoin's consensus rule and bitcoin consensus, then it was not awarded the bitcoin name.

As far as I know bitcoin cash is a forked version of bitcoin that is done on November 13, 2017. Here is the proof https://www.coindesk.com/bitcoin-cash-hard-forks-blockchain-bid-ease-mining-difficulties/. Atleast this one is a trusted site. I suspect that this kind of movement is simpy to make bitcoin price goes down a little more to give opportunities to some investors waiting for the moment.

I do not know why they say that the original bitcoin is bitcoin cash, whereas bitcoin cash is a fraction of bitcoin.

I think it's just a statement that can not be justified. satoshi creates bitcoin, and does not create bitcoin cash.

yes, I see bitcoin cash has a good development, fast, and has a plan, but the virtue of BCH can not replace BTC.

You have made the news that you are reffering to if you put a link in this thread. Perhaps you might have tried to embarrass a news story. Hope you would have learn to wait for the planned event of Bitcoin in Feb 6 for a big change in the trend of Crypto Currencies.

Anybody who falls for this is going to the same old concept of "Its true because they told you so". Bitcoin is about decentralization and taking the power that government's wield on mass perception away.

If you still fall for this, you never knew anything about bitcoin. Go be a Bcash shill and make miners and Roger Ver rich while you are left to usng another "commodity" that you will be told is what you need.

This s plain disgusting!

Nope Bitcoin is only the core one and Bitcoin cash is borned just few months back ...the only problem with bitcoin is its transaction confirmation time is very high

no way!!!! man pls dont say that