Topic: Does Bitcoin Cash have a chance at overtaking Bitcoin? - page 2. (Read 2644 times)

"overtake" has a broad meaning in my opinion.

as far as usage and adoption as a real currency goes i can not see bitcoin cash doing anything. no business has backed them, there were always a small group of miners who forked it and then when it became profitable other miners jumped in and they will leave just as fast as soon as it becomes less profitable!

speaking of price, in lower levels it is all manipulation and pump and dump. it is done easily and you can see it in many altcoins out there. but after some numbers like above $1000, things change. it become a lot harder to proceed. pumping becomes impossible and at that point you need real adoption to maintain the price and as i said without any usage it won't last a minute.

Overtaking Bitcoin like how by replacing it's name with it? whatever you China men are smoking is pretty good, first you double your Bitcoins and then use shill accounts to shill the fack out of this forum and when you see that your alt coin is dying a painful death you turn to increasing your activities on several boards talking about something which will never have any chance to survive in the long run? you couldn't even hold $800 for 3 days, people just dumping on you when price goes up.

No, because it is a coin created by miners for miners. The normal investor will end up as an bagholder.

But it is really easy to trade because of that issues. Have a look at the following link: https://twitter.com/oleganza/status/899727482634461185

It's basically all the famous digital currencies have the opportunity to gain huge profits to outpace bitcoin, but one thing that does help us to earn a lot of profit is that we have to work hard, never give up, and always try. Nothing is more profitable than those 3 things, although the price is high but we can not play well then everything will be destroyed.Bitcoin cash is just the latest cryptocurrency and it's still very early to predict that it will beat the bitcoin. Because everything can sometimes turn around, so enjoy all the things we are getting and keep trying

If we are talking about the possibility of it to be happening, the answer is somehow yes. As long as they have the solutions that are lacking in BTC right now, it can really happen. But I think that would be very bad for the cryptomarket. If that flipping did indeed push through, many people will lose faith to cryptocurrency itself as they are seeing BTC as the only "king" of the market. No one knows what will happen in the future but as of the moment, I'm just seeing Bitcoin cash as an altcoin which is very susceptible to pump and dump.

If Bitcoin Cash ever overtakes Bitcoin, it will be quite surprising. But the volatility of BCC is amazing. For a moment it might cross BTC some day

of course there is a chance, Bitcoin splits into BTC Segwit, Bitcoin Cash, Bitcoin Segwitx2...then more likely forking on the way because forking is uncontrollable and forking if profitable (just add BTC and BCH now and you can see the instant profits)...you can imagine at the end of the road, they could be called Bitcoin Pieces...

No because people know bitcoin cash due to bitcoin.If bitcoin fail or out of track no chance for bitcoin cash.
One thing is sure there is huge crypto market,some other project may overtake bitcoin.

I agree, bitcoin is the best and will always be. As far as I know, only one coin, Zcash initially was above BTC in price but that lasted only couple of days, right now Zcash is 0.059 BTC.

I think Bitcoin Cash will end up at 0.1 BTC and will stay at around that price in the future.

There is no altcoin does stand a chance against btc, not before, not now, not in the future. Btc is more matured, trusted by many, well known, being used for how many years and the father of all coin. How many altcoin has been made and tried to overtake btc, a lot but they never had a chance to come close on where is btc now, on what btc has achieved.

It depends on what philosophy (scaling on-chain vs scaling off-chain) gains more support by the community, we'll se how it develops.  I think it is possible for Bitcoin Cash to overtake Bitcoin Core, but I'm not worried about it since I'm not against the idea of having a Bitcoin with bigger blocks.

We'll see how far it will happen, whether bitcoin will be as easy as it will be taken over by others.

BCH has a long way to go before it can really compete with BTC. The sheer strength of the bitcoin name/brand, which has been built in the past couple years, can only be overtaken in terms of user adoption if BCH has something new and unique in the eyes of users.... I don't see that coming. Of course, miner's perspective can be a whole other story, but in my view the users determine the value in the end.

Honestly I still do not see the real use of bitcoin cash.
8MB blocks are a fine thing, unfortunatelly they are all nearly empty.
I think of Bitcoin Cash more as a temporary fashion.
BTC and BCH will turn out to be something like ETH and ETC most likely.

I'm a bit worried about the November fork. If the NYA miners all changed to Segwit2x in November (we're talking about 85-90% of the hashrate), then the original Bitcoin blockchain will have a hard time to produce enough blocks to store the transactions. In this case, we could have the following effects in parallel:

- people panic because of 2-5 hour block times and the "originalCoreBitcoin" (OCBTC) crashes hard.
- Segwit2x gets some traction but not enough to overpass OCBTC.

Let's say that both will have a price of about 1300-1800 USD (between the 2013 ATH and the begin of the "bubble phase" in 2017).

In this scenario BCH could be the "laughing third": It has already proven that it can go near $1000, and maybe some will then jump to it as a hedge. I don't think Bitcoin Cash would go over ~$2500 in short time, but it could be just enough to "beat" BTC.

But as @olushakes correctly said, we'll know the outcome only when the Bitcoin enterprises have decided whom to support. If BCH captures a large part of the ecosystem then it could have good chances.

This is only a bearish scenario which is possible, but not guaranteed to happen. I think it has a probability or 10-30% to happen. Bitcoin Core devs can avoid it if they re-open a dialogue with Segwit2x supporters and plan a hard fork for 2018.

yeah its too strong to overtake by altcoin, because bitcoin have support and used by many peoples and many companies so its will difficult to overtake

I'm guessing that Bitmain can. Someone paid dearly for years spamming the BTC network, to promote the cause of larger blocks I'm sure. I think that's why, during the BIP91 drama, the spam stopped and mempools were empty. At that point, it was better for Bitmain to support the status quo and give the appearance that Segwit wasn't necessary.

Roger Ver is just a sideshow here. His and Bitpay's interests pale in comparison to Bitmain's, in regards to AsicBoost. I think Bitmain's investors put in obscene amounts of money, and AsicBoost is world-changing for them.

I am not at all worried. It'll come down eventually. Pretty much all the coins did previously. I hope it doesn't get saturated on top price.

Every altcoin out there is trying to 'overtake' bitcoin, till today none came near it, Ethereum is the closest contender, still quite far.

The two biggies are Coinbase and Bitpay. At the moment both only deal in bitcoin.

If they ever enable bitcoincash, then it has a chance, especially as the big blocks mean transactions always get picked up at a low fee.