Here's why BCH/BSV lovers constantly attack BTC...

The Sceptical Chymist

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Quote from: headingnorth on February 13, 2024, 07:29:07 PM

Most people will tell you they have heard of bitcoin when asked but will say no if you ask them about ethereum or any other altcoin.

It has been 6 years since I got into crypto and I still struggle to think of anything useful you can do with ethereum other than buying stupid NFTs, running scam projects and rugpulls.

Mm....I'd say a lot of people have heard of ETH since the ETH/USDT pair is reported on a lot of financial websites and probably in the WSJ as well. Nevertheless, I agree with you about its uselessness. That whole ICO craze was based on Ethereum, and it was so full of scams and pie-in-the-sky ideas whereby blockchain technology can be used to solve problems in any industry. And what happened? The whole thing came crashing down, and the same thing is or will happen with NFTs (which are idiotic IMO).

Who cares if BCH or BSV fans attack bitcoin? Those are two altcoins out of thousands, and they're not even the only forks of bitcoin out there. Bitcoin is king, so sayeth the market, though I have to say that other coins make for much better forms of money in so far as the network fees are much less, confirmation times are shorter, etc. But who's using bitcoin as money anyway? Not many people as far as I can tell, so let the bitchers bitch.

pooya87

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Quote from: cryptosize on February 18, 2024, 07:50:24 AM

Quote from: pooya87 on February 18, 2024, 12:21:11 AM

and even tried to take miners to increase their hashrate as an attack on Bitcoin

Any idea why BTC/BCH/BSV don't support merged-mining (since they all depend on SHA-256)? Was it done on purpose by BTC devs to deter forks?

I'm asking because LTC/DOGE support merged-mining with Scrypt.

The nature of different coins leads to decisions such as choosing the algorithm, supporting merge mining, etc. Altcoins that want to be different and investigate different algorithms choose a different algorithm (like Litecoin using scrypt), altcoins that don't want to make major differences and want to live under the shadow of another project choose the same algorithm and use merge mining.

Shitcoins like BCH/BSV that planned to scam people specifically newbies telling them "this is the real bitcoin" while attacking bitcoin use the same algorithm and not even implement replay protection!

dansus021

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Quote from: PrivacyG on February 24, 2024, 08:24:36 AM

I am very confident there used to be thousands of Shit Coins back in 2017 too. Most of them just died and got replaced by other new and more fresh Shit Coins.

The things remained the same way for the most part. They are just finding new ways to lure new investors, fools, into their 'project' which is just a repetitive Scam. Show me how many of the 2017 Cryptocurrencies actually provide value to the bubble of Cryptocurrencies. Bitcoin provides Freedom. Monero provides that too, but with a plus of Privacy. What do the other Coins share, besides a very heavily Centralized Cryptocurrency with no real new value brought to the scene?

Yep totally agree with you Grin

the bear market usually wiped out everything but somehow the shitcoin dev always has a new lure for investors with gimmicks like AI metaverse play to earn or anything like that.

If we can ride the wave we can make profit but lot of case people join crypto lose and go so sad

Dunamisx

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Base on my understandings, bitcoin will always be and remain the most decentralized digital currency, we don't have to doubt about this or make further research because its all tells from the way they are being mined from the other currencies, not only that, anything that is not bitcoin can never prove what will be similar or same to what the bitcoin networks provides, that is why none of these developers or crypto projects who have splitted from the bitcoin network could achieve the kind of result bitcoin has today or close to.

PrivacyG

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Quote from: dansus021 on February 24, 2024, 08:17:26 AM

Yeah back then I loved when someone created a new altcoin but today there is more than 3000 of coins but nothing can compare with Bitcoin at least for now or maybe ever.

I am very confident there used to be thousands of Shit Coins back in 2017 too. Most of them just died and got replaced by other new and more fresh Shit Coins.

The things remained the same way for the most part. They are just finding new ways to lure new investors, fools, into their 'project' which is just a repetitive Scam. Show me how many of the 2017 Cryptocurrencies actually provide value to the bubble of Cryptocurrencies. Bitcoin provides Freedom. Monero provides that too, but with a plus of Privacy. What do the other Coins share, besides a very heavily Centralized Cryptocurrency with no real new value brought to the scene?

dansus021

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Quote from: SquirrelJulietGarden on February 14, 2024, 09:48:20 PM

There are thousands of altcoins and hundreds of Bitcoin forks but they are not comparable in security and developments with Bitcoin.

How many Bitcoin forks are there?
Dead Coins: Over 50% of Cryptocurrencies Have Failed.

I knew Bitcoin Cash used to make a lot of noise and in 2017, its price even was like half of Bitcoin price but I never consider it as a good altcoin.

If I want to use altcoin blockchains for transactions and don't want to touch smart contract blockchains, I would like to choose Litecoin or Dogecoin for my on chain transactions. I don't use Bitcoin Cash blockchain.

Yeah back then I loved when someone created a new altcoin but today there is more than 3000 of coins but nothing can compare with Bitcoin at least for now or maybe ever.

2017 well those years are beautiful for everybody lot of people joined crypto and of course, bitcoin cash was at its peak I chose BCH for transaction Exchange to exchange because the cheap transactions before smart contracts and eth coming because back then the fee of bitcoin was crazy. The last time I heard about BCH was their developer split and created a new BCH and never heard back till this date.

Tho Litecoin and dogecoin is popular as well for gambling and faucet I miss that moment

cryptosize

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Quote from: spectre71 on February 20, 2024, 12:41:30 PM

Quote from: cryptosize on February 19, 2024, 10:50:23 AM

Quote from: spectre71 on February 18, 2024, 11:16:17 AM

Well, don't give up on BCH or LTC so fast. I watched this unfold last year and made some money.

Check the charts BCH moved more that LTC but you can see what the big boys are looking at.

As the big money makes it votes that will determine what goes up and what goes away.

I hope allot of the shit coins go away and that money finds it's way into the solid players.

OOOPS forgot the link

https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/

I prefer LTC compared to BCH or BSV.

Cool. Why is that?

I will never have interest in BSV.

Litecoin doesn't claim to be Bitcoin.

spectre71

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Quote from: cryptosize on February 19, 2024, 10:50:23 AM

Quote from: spectre71 on February 18, 2024, 11:16:17 AM

Well, don't give up on BCH or LTC so fast. I watched this unfold last year and made some money.

Check the charts BCH moved more that LTC but you can see what the big boys are looking at.

As the big money makes it votes that will determine what goes up and what goes away.

I hope allot of the shit coins go away and that money finds it's way into the solid players.

OOOPS forgot the link

https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/

I prefer LTC compared to BCH or BSV.

Cool. Why is that?

I will never have interest in BSV.

cryptosize

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Quote from: spectre71 on February 18, 2024, 11:16:17 AM

Well, don't give up on BCH or LTC so fast. I watched this unfold last year and made some money.

Check the charts BCH moved more that LTC but you can see what the big boys are looking at.

As the big money makes it votes that will determine what goes up and what goes away.

I hope allot of the shit coins go away and that money finds it's way into the solid players.

OOOPS forgot the link

https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/

I prefer LTC compared to BCH or BSV.

spectre71

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Well, don't give up on BCH or LTC so fast. I watched this unfold last year and made some money.

Check the charts BCH moved more that LTC but you can see what the big boys are looking at.

As the big money makes it votes that will determine what goes up and what goes away.

I hope allot of the shit coins go away and that money finds it's way into the solid players.

OOOPS forgot the link

https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/

Darker45

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BCH and BSV people are just envious of Bitcoin. They're bitter of Bitcoin and its success. Envy and bitterness are basically caused by the experience of failure, especially in the face of the success of that which they consider as their archenemy.

But how could they expect otherwise? Theirs are mere forks. Theirs are altcoins. Theirs are copycats. It's ridiculous of them to expect that they would be more successful than the original. They should know their place under the crypto sun. They can only compete against their fellow shitcoins, but not Bitcoin.

cryptosize

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Quote from: pooya87 on February 18, 2024, 12:21:11 AM

and even tried to take miners to increase their hashrate as an attack on Bitcoin

Any idea why BTC/BCH/BSV don't support merged-mining (since they all depend on SHA-256)? Was it done on purpose by BTC devs to deter forks?

I'm asking because LTC/DOGE support merged-mining with Scrypt.

pooya87

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Quote from: Natsuu on February 16, 2024, 06:19:10 PM

BCH and BSV fans prefer bigger blocks for more transactions

The whole thing with BCH and BSV may seem to be about "bigger blocks" but in reality it had very little to do with block size. It was all about a hostile takeover of the project called Bitcoin. That is why they created an exact copy and even tried to take miners to increase their hashrate as an attack on Bitcoin.
They wanted to take control, make a ton of money and turn Bitcoin into a centralized garbage. Something they failed to do.

foggyb

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Quote from: cryptosize on February 12, 2024, 12:12:43 PM

Deep inside their heart they know that BTC is the only true Bitcoin, therefore they try to change it as they see fit.

Never-bitcoiners have been around from the beginning. They go through stages of acceptance:

1. Bitcoin is like pet rocks / Tulips! They have no value!
2. Ok, Bitcoin has value, but it will fail because someone will hack it / 51% attack it!
3. Fine, Bitcoin has value and is secure, but there are better ways to do blockchain!
4. *FOMO in at $100,000*

Natsuu

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BCH and BSV fans prefer bigger blocks for more transactions but BTC supporters argue that smaller blocks maintain decentralization and security. The debate isn't just technical but it's about the fundamental vision of Bitcoin you know

PrivacyG

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Quote from: mindrust on February 14, 2024, 12:42:32 PM

Why do you even care? These chains aren't relevant anymore.

I unfortunately tend to disagree. Even if they are irrelevant to us they are still massive. Bitcoin Cash occupies the 18 th spot by Market Cap. BSV occupies the 53 rd. And while they should be disregarded as Cryptocurrencies, on the other hand it is in my opinion relevant and important to highlight how sad and bad these Bitcoin replicas are as a reminder to our Community that they are not Cryptocurrencies to be trusted.

Particularly Bitcoin SV. I truly believe it poses a danger to our Freedom. In their attempts to make Bitcoin SV more likeable by the Governments, they are pushing a huge propaganda consisting of manipulating readers into believing Bitcoin was supposed to be Know Your Customer enabled.

Unfortunately the Market growth of Bitcoin Cash is still way ahead of Monero. I wish the day comes when I see them switch spots and all Bitcoin replicas finally fade away. But as long as there is a supportive Community for it, things will stay the same.

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Quote from: The Cryptovator on February 15, 2024, 02:37:34 PM

It's not about BCH and BSV lovers attacking Bitcoin; Bitcoin haters always attack Bitcoin, but who cares? After delisting on Binance, I never checked the BSV price. So I don't feel BSV has so many fans right now. BCH is also not popular, so there is nothing to worry about with their attack. Their community is too small compared to Bitcoin, so they can't fight with Bitcoin lovers anyway. They can just spread FUD and nothing else. But lately, the Bitcoin community hasn't responded to FUDs created by haters. Because everyone is now aware of Bitcoin's potential.

The percentage of BSV or BCH lovers is too low. It's lower than one percent if I am not wrong. We see some Bitcoin haters once in a while. Fortunately, they cannot survive in this community due to the massive number of bitcoin lovers. When they try to spread FUDs about Bitcoin, the community reacts instantly and they stay there only if they have no shame.

There were always some initiatives from Bitcoiners to debunk the FUDs. Hodlunt's trial and the recent trial against CSW should prove that.

GreatArkansas

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Quote from: The Cryptovator on February 15, 2024, 02:37:34 PM

It's not about BCH and BSV lovers attacking Bitcoin; Bitcoin haters always attack Bitcoin, but who cares? After delisting on Binance, I never checked the BSV price. So I don't feel BSV has so many fans right now. BCH is also not popular, so there is nothing to worry about with their attack. Their community is too small compared to Bitcoin, so they can't fight with Bitcoin lovers anyway. They can just spread FUD and nothing else. But lately, the Bitcoin community hasn't responded to FUDs created by haters. Because everyone is now aware of Bitcoin's potential.

It's just ironic because the one they are using to hate Bitcoin is forked from Bitcoin Cheesy

It's just showing that Bitcoin itself is the real and the one that has no problem at all.

For me, there's no reason to compare BCH/BSV at all, BCH/BSV is starting to vanish.

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Quote from: cryptosize on February 12, 2024, 12:12:43 PM

They do not believe in free market economics (letting the free market decide which chain is more valuable).

Free market dictates that the BTC blockchain is the most valuable in terms of token value AND hashrate amount (security).

They do not like the fact that big block chains (BSV, BCH) have miniscule hashrate compared to BTC, which makes them prone to 51% attacks:

https://www.coindesk.com/markets/2021/08/04/bsv-suffers-51-attack-report/
https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/

Deep inside their heart they know that BTC is the only true Bitcoin, therefore they try to change it as they see fit.

They already have what they want (big blocks in forked/worthless chains), but not in their preferred chain (BTC). Wink

I hope this clears up the whole situation.

In fact, for some reason I was sure that these two retarded blockchains are long dead, thanks for reminding (NOT!). I'm also not sure who would want to spend his/her time and money to attack these useless networks. Grin

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Quote from: cryptosize on February 12, 2024, 12:12:43 PM

They do not believe in free market economics (letting the free market decide which chain is more valuable).

Free market dictates that the BTC blockchain is the most valuable in terms of token value AND hashrate amount (security).

They do not like the fact that big block chains (BSV, BCH) have miniscule hashrate compared to BTC, which makes them prone to 51% attacks:

https://www.coindesk.com/markets/2021/08/04/bsv-suffers-51-attack-report/
https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/

Deep inside their heart they know that BTC is the only true Bitcoin, therefore they try to change it as they see fit.

They already have what they want (big blocks in forked/worthless chains), but not in their preferred chain (BTC). Wink

I hope this clears up the whole situation.

I think it's over for this fork Bitcoin, we haven't heard about them at least in my case until you mentioned them again. And if others are not aware of, upon checking, Coinbase has delisted BSV since last month,

Quote

Effective January 9, 2024, Coinbase will no longer support Bitcoin SV (BSV). Customers have until this date (at or around 12PM ET) to send BSV funds off of Coinbase.

https://help.coinbase.com/en/coinbase/getting-started/crypto-education/bsv-deprecation

Maybe they will have their bull run this year because of Bitcoin, but I don't think that it will be as large as what the original is. So good riddance to them. And if not for those individuals who are still supporting this coin, who knows, they could be dead in the next 5 years.

Topic: Here's why BCH/BSV lovers constantly attack BTC... (Read 605 times)