BTC vs BCC - page 4. | Bitcointalksearch.org

Bittoshi

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Quote from: BTCbengi on July 30, 2017, 03:12:24 AM

Quote from: hyden on July 30, 2017, 12:14:00 AM

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

I think when BCC is released, it will take more advantage over current BTc. Because BCC provides us with instant, fast and free transactions. We can also carry it when there is no internet, no means of connection, etc. Finally, it will become as common as cash.

You are very optimistic about BCC. Let's see Wink

Bittoshi

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Ok, there are different scenarios preferred by the community:

1. BCC find few supporters and the majority will sell its free BCC in the following weeks. So price dumps into the ground. Afterwards, it will only be a minor pump&dump altcoin and forgotten in a few years from now.
2. Like 1. but afterwards, BCC finds more and more support over time due to its better technology and instant money transfers. In this case (of course) it would be good to buy some BCC after the fall and hold them until the price rises like with good old BTC in the past years. This would be a chance for all who missed buying BTC in the early days.
3. BCC will rise right from the start but this seems very unlikely.

I would say there is a 60% chance for 1. and a 30% chance for 2. Rest 10% for scenario 3.

LouVandetta

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Quote from: hyden on July 30, 2017, 12:14:00 AM

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

I can't pick one, yet. And I don't even know BCC value, it is still unknown .
But seems like btc will always be the king.
At the end of the day, who will win?
Who knows, right?

BTCbengi

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Quote from: hyden on July 30, 2017, 12:14:00 AM

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

I think when BCC is released, it will take more advantage over current BTc. Because BCC provides us with instant, fast and free transactions. We can also carry it when there is no internet, no means of connection, etc. Finally, it will become as common as cash.

exstasie

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Quote from: btcney on July 30, 2017, 02:44:09 AM

Quote from: marky89 on July 30, 2017, 02:27:09 AM

Quote from: Andre_Goldman on July 30, 2017, 02:15:59 AM

I don't know what the BCC's market capitalization really is ... in general I take a look on coinmarketcap ...

Bitcoin Cash has no market cap; it doesn't even exist yet. It will take some time, once the fork happens, for the market to accurately reflect true demand for BCC. Maybe it will be a non-event and BCC will just be dumped into the ground. Or maybe BCC will sustain (like ETC did) and BCC markets (alongside BTC markets) will be represented on the major exchanges eventually.

https://coinmarketcap.com/currencies/bitcoin-cash/

Actually, it does have a market cap. People are trading bitcoin cash futures, and currently the total market capitalization stands at around 2 million bitcoins which is a lot. However whether or not it is liquid is completely another topic.

It doesn't have a market cap. The fork can, in theory, not even happen and in that case on ViaBTC, BTC and BCC will then be merged back into BTC. It's just a futures market -- and a highly illiquid (perhaps highly manipulated) one.

And even if BCC did exist (it won't until August 1), calculating the market cap based on ViaBTC's market alone gives a very inaccurate picture of market demand.

Innocant

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Quote from: TetraFugolini on July 30, 2017, 02:33:38 AM

I will hold both btc and bcc, hopefully bcc will have some value, but i only plan to buy btc in the future, i don't think bcc will overpower btc ever. As for selling, i never sell Grin

I will be more flexible. If the BCC will rise in the future, I will buy it, otherwise, I will just sell it.

btcney

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Quote from: marky89 on July 30, 2017, 02:27:09 AM

Quote from: Andre_Goldman on July 30, 2017, 02:15:59 AM

I don't know what the BCC's market capitalization really is ... in general I take a look on coinmarketcap ...

Bitcoin Cash has no market cap; it doesn't even exist yet. It will take some time, once the fork happens, for the market to accurately reflect true demand for BCC. Maybe it will be a non-event and BCC will just be dumped into the ground. Or maybe BCC will sustain (like ETC did) and BCC markets (alongside BTC markets) will be represented on the major exchanges eventually.

https://coinmarketcap.com/currencies/bitcoin-cash/

Actually, it does have a market cap. People are trading bitcoin cash futures, and currently the total market capitalization stands at around 2 million bitcoins which is a lot. However whether or not it is liquid is completely another topic.

I think a major deciding factor of whether a currency is good or not is whether people actually accept it. Now as i have said before, merchants aren't going to switch to bitcoin cash because most service providers are in support of core. So bitcoin cash has no utility value, and thus there is no point for anyone to hold onto their worthless tokens, and people will dump the coin to the ground for the actual bitcoin.

TetraFugolini

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I will hold both btc and bcc, hopefully bcc will have some value, but i only plan to buy btc in the future, i don't think bcc will overpower btc ever. As for selling, i never sell Grin

shamzblueworld

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Quote from: hyden on July 30, 2017, 12:14:00 AM

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

Definitely bitcoin, trusted and accepted worldwide. Never heard of BCC before but lets see how it pans out in the comparison, I don't think it will stand a chance against bitcoin. It could be just another alt, used by people to pump and dump.

marky89

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Quote from: Andre_Goldman on July 30, 2017, 02:15:59 AM

I don't know what the BCC's market capitalization really is ... in general I take a look on coinmarketcap ...

Bitcoin Cash has no market cap; it doesn't even exist yet. It will take some time, once the fork happens, for the market to accurately reflect true demand for BCC. Maybe it will be a non-event and BCC will just be dumped into the ground. Or maybe BCC will sustain (like ETC did) and BCC markets (alongside BTC markets) will be represented on the major exchanges eventually.

Andre_Goldman

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Quote from: marky89 on July 30, 2017, 02:02:42 AM

Quote from: virtualdn on July 30, 2017, 12:55:56 AM

BCC -> sell it when high and get more BTC, easy and simple scenario

But if BCC is valued highly, where does that value come from? Thin air? If BCC supporters are dumping BTC, and BTC supporters are dumping BCC, that would (in theory) drop the price of both. Like ETH/ETC, the overall market cap of Bitcoin could definitely take a hit -- if there is a real network split where a significant portion of the economy moves to BCC.

Price discovery ( http://www.investopedia.com/terms/p/pricediscovery.asp ) in general comes from exchanges where supply and demand are measured.
as afar as I can see few exchanges are supporting BCC at the moment therefore it is hard to get the real value of a new asset ...

I don't know what the BCC's market capitalization really is ... in general I take a look on coinmarketcap ...

on their FAQ ..

Quote

What is "Market Capitalization" and how is it calculated?

Market Capitalization is one way to rank the relative size of a cryptocurrency. It's calculated by multiplying the Price by the Circulating Supply.

Market Cap = Price X Circulating Supply.

How are the prices calculated for various the cryptocurrencies?

Price is calculated by taking the volume weighted average of all prices reported at each market. Sources for the prices can be found on the markets section on each cryptocurrency page. For example, Bitcoin's markets.

What is the difference between "Circulating Supply", "Total Supply", and "Max Supply"?

Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public's hands.
Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).
Max Supply the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.

source: https://coinmarketcap.com/faq/

marky89

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Quote from: virtualdn on July 30, 2017, 12:55:56 AM

BCC -> sell it when high and get more BTC, easy and simple scenario

But if BCC is valued highly, where does that value come from? Thin air? If BCC supporters are dumping BTC, and BTC supporters are dumping BCC, that would (in theory) drop the price of both. Like ETH/ETC, the overall market cap of Bitcoin could definitely take a hit -- if there is a real network split where a significant portion of the economy moves to BCC.

crazyivan

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BCC is nothing but an useless altocoin which will bring nothing to the market. It will be terribily volatile and this is why it ll become preferable for pumpers&dumpers and speculators. If you re one of them, well, yes, it s gonna be your target. If you re an ordinary user, sell BCC and do not touch it. Cause pumpers and speculators make money on ordinary users by staging fake and coordinated price movements.

After all, the whole BCC idea is based on pure greed and speculation of people who want to be able to point their mining gear towards their own BCC the first few days of BCC mining. During these few days, when dif ll be low, they ll make hundreds of thousands of BCC. Guess what will they do with these coins? Dump it on heads of unsuspecting noobs who want to reinvent BTC. So now, you go and buy and hold BCC if you re stupid enough.

wareen

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Quote from: coin-investor on July 30, 2017, 12:35:46 AM

Quote from: hyden on July 30, 2017, 12:14:00 AM

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

We still have to see if people are going to support Bitcoin Cash, so far some big whales, company, and organizations are not going to support Bitcoin cash but we will have to see if this change after the August 1 fork Bitcoin Cash for many is just another altcoin because of lack of support.

Not need wait after August 1st for see the future of Bitcoin Cash, I can sure 100% Bitcoin is shitcoin, even bad more than token from ICO as STRAT. I don't know the reason make most speculator going to Bitcoin just for receive Bitcoin Cash unknown value while they can buying altcoin with cheapest price as yesterday

Netnox

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If you are a margin trader, then I would recommend BCC. Because a lot of powerful people are supporting the currency, and at least in the initial few (5-10) days there will be a big pump. Some of the people behind Bitcoin Cash has taken the survival of that coin as a matter of their prestige. So they will go to any extent, to pump the currency.

Oo ako to

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Quote from: virtualdn on July 30, 2017, 12:55:56 AM

BCC -> sell it when high and get more BTC, easy and simple scenario

So that means a lot of people/investors will grab that chance to buy a lot on it's first weeks/months.Next,it will create a panic buy and encourage also some people to buy it. After all the drama, BCC will just disappear and those bagholders will look at theirselves as losers.

jtipt

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Quote from: Herbert2020 on July 30, 2017, 12:54:38 AM

bitcoin cash:
- is an altcoin

That's just it. BCC is just a fork of bitcoin it's essentially a altcoin. All that will happen after the fork is it will be treated like any other altcoin but just that everyone having some BTC will get some free BCC. I'm pretty sure majority of people are just going to sell BCC to buy BTC as soon as it forks

btcney

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Quote from: hyden on July 30, 2017, 12:14:00 AM

Better which one between Bitcoin and Bitcoin Cash (Futures) Huh

In my opinion it is definitely bitcoin.

As I said before i think that bitcoin cash is simply taking advantage of bitcoin's brand name. If they really want to create a hard fork just for this then why not create their own altcoin? Plus, even if bitcoin cash retains its value after the fork(extremely unlikely), will anyone actually use it for goods and services? A lot of exchanges are saying that they will only accept bitcoin.

IMO it's completely pointless to try to create a brand new chain just to do this... This will just divide the community further. Though once you get the bitcoin cash in your wallet, pretty much everyone is going to dump it and drive the price to close to 0.

danherbias07

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It will just be another altcoin. If it aint bitcoin then what will you treat it.
They just used the freaking name for what? For people to get confused with two names?
Bitcoin Unlimited then now Bitcoin Cash. What's next? Bitcoin Impossible? Grin

They keep on trying to imitate the best one just for selfish reasons. This ain't cool anymore.

virtualdn

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BCC -> sell it when high and get more BTC, easy and simple scenario

Topic: BTC vs BCC - page 4. (Read 4430 times)