Topic: Can BCH surpass BTC in payment functionality? (Read 225 times)

I agree with this statement. In the near future, BCH can not overcome BTC in many ways. The market is now supporting the BTC for liquidity and the currency that is leading the current trend. Hopefully in the coming time the Executive Board will be put into many applications for payment. At that time, the comparability between EB and BCT would be more balanced.

BTC will always be the reserve currency of crypto. So in that sense, its spending capacity isn't all that important. That said, Lightning network will turn BTC into a currency that can handle basiacally infinite daily transactions.
For bcash to surpass BTC, it first needs to get more transaction volume than Doge and Electroneum.

I would like to remind everyone that BCH is supported my major whales, who have been buying it up with all their BTC they got from being early adopters. It can easily be possible that they own literal millions of BCH. Ask yourself if you are okay with that before you invest money into it.

If you BCashers are boasting about the low fee transaction, check the TX fee of bitcoin now.

This.
Nothing beats the original. Don't forget BCashers that it is a fork that came from the real one.

but isn't the debate more about whether or not it's the best route to take(to go the same way as bch has)? I mean, bitcoin can obviously be changed to work as bitcoin cash, but there's pros and cons involved, it's not only about which is cheaper and faster at the current stage, there's more to consider, like ensuring security

If BTC continues to struggle BCH will definitely be ready to climb the ladder--BCH has advantages with quicker, cheaper transactions and there are many reasons to see its potential.

Indeed.

What will bitcoin cash do once they reached maximum capacity at 32 MB blocks? Will they just hardfork again and implement 64 MB blocks?

I can't really see why anyone thinks that they actually have a real solution for any of the problems bitcoin is facing, while the only thing they have demonstrated to be capable of is increasing blocksizes.. (And breaking all of their nodes from syncing while doing so   )

Interesting point, but doesn't really work in crypto which you seem to acknowledge, but it's a very fair point.
Not only the name, but also pretending to be the Bitcoin - the 'real' one or not, misleading people looking for "Bitcoin" into buying "Bitcoin Cash"..
It's bad for the crypto community as a whole that there's this internal conflict, I hope it comes to an end soon..

bad example because in real world if yo steal a companies name and logo they will sue your ass and seize all your assets and also you will have to pay a hefty fine for fraud, maybe even spend some time behind bars. for example if i started a company named Microsoft Cash i will be performing fraud specially if i go around telling people my company is the real Microsoft

Exactly, you don't think that any coin can surpass it. Earlier you wrote "i don't think that it can't" which makes it a double negative.
Side note: I'm not a grammar nazi, just trying to help. When you don't point out a mistake people will repeat it over and over and eventually get used to it.

Think that you run your own company (ex. CryptoCCknow Inc.) and one of your clients, copy your business idea increase the capacity, decrease the fees and promotes the new company as CryptoCCknow Cash Inc. Technically everything is the same except capacity and CryptoCCknow Cash Inc. has a huge promotion budget that earned from CryptoCCknow Inc. shares

Would you think that CryptoCCknow Cash Inc. surpass your company in functionality?

There is a lot that can be said in terms of this rather controversial subject, but this pretty much nails it:

https://derekmagill.com/2018/05/12/lies-and-scams-of-btc/
https://www.yours.org/content/bitcoin-cash--memo--and-the-public-goods-fallacy-7861b7dee557

There is not a double negatives in my reply because no one can know what happens in future about BCH and BTC price and for me i don't think any cryptocurrency or any altcoin can have the highter price than bitcoin

I don't really understand the technical things, sure I understand the blocksize but not really the technical debate so it's difficult to get a good grasp on BCH vs BTC.
BCH increases blocksize, fantastic, the blocks are still empty?
Isn't this "0conf" thing an issue aswell? I think I read something along the lines that  merchants are expected to run their own nodes?

BCH is actively marketed, and has a spokesperson more than Bitcoin has I think. I know Bitcoin has an 'official team', but Roger Ver is everywhere talking about BCH, and misleading people with his websites, the reddits etc.
You're talking about speed, but speed isn't really a selling point I think, since there's tons of super-fast alternatives out there?

Either way, it's difficult to form an opinion without understanding all the technical details, and there's few neutral people presenting them in an easy to understand way..
it's either people shilling for BCH talking about all the pros of BCH and the cons of BTC; or vice versa.

what is the difference between bitcoin and BCH?
BCH has larger blocks. and has removed many features from bitcoin so it is lacking them now.
bitcoin has a lot of additional features and also the second layer solution with virtually limitless number of transactions with no fees. on top of that it can always increase the block size if needs be.

no do YOU think the fork of the original project which doesn't have the same features can surpass the original project with a lot more to offer?

With the recent blunders made by Roger Ver, I don't think anyone would even be interested in touching the coin even if it offers literally almost the same functionalities as bitcoin. It is still regarded as an alt by many people so most businesses wouldn't take its presence seriously and just integrate bitcoin into their businesses whenever they want. Besides, the development of BCH has since slumped as well so why would people choose it over a coin that's already renowned and accepted by many people?

You don't think that it can't surpass it? So you think that it can? Double negatives cancel one another

BCH won't surpass BTC simply because it's just an altcoin and is viewed by many as an altcoin that isn't even the better version, it's just different. Note that with segwit and lightning BTC isn't more expensive or slower than BCH, it's just based on different principles. Also, there's the controversial figure of Roger Ver...

I don't think now with the high price of bitcoin BCH can't surpass BTC in payment functionality

I have been thinking about a problem and have been puzzled by this issue.
That is, Bitcoin cash has always emphasized the need to become a means of payment. Then what efforts has it made on the way to pay?
BCH has always emphasized that its own transaction costs are lower and the transaction speed is faster. At the same time, the competition with Bitcoin has also caused people's heated debates, such as the attribution of the name Bitcoin.
The world of cryptocurrency should not be so narrow. Its real opponent is centralized centralization. Instead of competing in each other's consumption. The two community actually knew that as long as they crossed the threshold of centralization and centralization, only the sky was their limit.
Therefore, we should focus on where cryptocurrencies really need attention. E.g:
More merchants began to accept BTC/BCH trading;
More non-profit organizations began to accept BTC/BCH donations;
More people started using BTC/BCH to make transfers;
Official website
The introduction of BTC's official website is very authoritative. More introductions are to tell everyone what is bitcoin. There are many ecological constructions, but there are many technical projects, and most of them are developer projects. Also see a lot of resource partners, but most are wallets and exchanges.
BCH's official website, homepage in addition to the wallet, also shows many service providers and applications. The application is very diverse. There are content applications Yours and Pompler, torrent donkey: JoyStream, gambling app: satoshiDice, e-commerce: OpenBazza, etc.
It can be seen that BCH pays more for its payment function.
On the BCH, there is a list of exhibit merchants accepting BTC/BCH as a means of payment. The list shows merchants accepting payments in various industries and in various fields. Each merchant has a different degree of acceptance of BCH and BTC. Can be used as a reference.
It can be seen that in paying this way, the BCH is obviously louder, and BTC is already more inclined to act as a store of value.
Become a common payment method.
It is not easy to use cryptocurrency as a means of payment. Trading speed and security, price fluctuations, and ease of use are common problems. Ignoring transaction speed and security, huge price fluctuations are a significant problem. If BCH wants to be a payment method, there are many problems to be solved. If the government recognizes that the BCH and the legal currency can coexist, and the transaction speed of the BCH is fast enough (in a seconds), then in connection with the use of the gateway, the legal currency bears real value, the BCH bears the value of the network, and the value flow is jointly realized, and the price fluctuation can be solved. .
Most of the currency is now in the hands of users, and transfers are also between exchanges. The value of BCH's payment is whether it can touch the actual commodity trading, so whether the merchant accepts it or not is the most important aspect of BCH payment value.
The BTC that was born in 2009 and the BCH that was born in 2017 may all have to continue to develop for more than five years to realize the payment function.