Topic: IS BITCOIN CASH DEAD ? (Read 1176 times)

The truth is that Bitcoin Cash is just a fork of Bitcoin. Making another fork is a clear price manipulation and each new attempt of such manipulation will end in an even greater catastrophe. People have more knowledge and luckily understand that Bitcoin Cash is - as Roger Ver said - "only business".

we really dont know, becouse Roger Ver is "shendzreulis erti" and i think have mnay supporter.  now is bad time for al crypto, and for BCH to.

Might sooner or later BCH will meet a decline in price and its position in the coinmarketcap will decline as well. The Fork will usually leave some side effects so that each investor assumes that the results of the coin fork will have greater potential, not to mention the BCH fork will produce 2 new coins where the BCH fork problems caused a deep decline in prices some time ago. I just experienced this, when a coin decides to hardfork and has a negative effect on the cryptocurrency market, you can see a drastic decline in prices some time ago.

Of course Bcash is dead.

And the funny thing is how it was killed by its 2 creators themselves, fighting like two maniacs trying to show to the world who has the biggest one, and ready to burn their fortune in the process.

But the virtue of this fork was to show the real face of Bcash: a completely centralized cryptocurrency, fully controlled and governed by a couple of guys only motivated by greed, and mined by their partners in crime, ready to lose money to keep control over the network. And ”control” is not vain word here: in both BCH, one (!) or two miners controls more than 56% of their respective networks!


Fascinating. (https://cash.coin.dance)

From the start, Bcash what the opposite of what we need, and the opposite of what Bitcoin is and should be.

There is only one Bitcoin.

for me BCH is dead.
I am very sorry I did not sell my BCH before the hardfork happened.

death for bitcoin cash might happen, if seen bitcoin cash will only give a temporary effect on bitcoin, and bitcoin can fight it easily. so I think that something that might be easy for bitcoin cash to experience a setback.

I don't think so, seeing the recent bitcoin cash movement on CMC, the price of BCH is back to normal like never before, which has dropped by up to 20%. And today BCH has increased up to 4%, this is pointed out there are still many investors who hope that BCH will always be there.

Technically BCH is now BCH ABC but the BCH SV people will deny that and have not conceded yet.

BCH has split into 2 (forked) and the dominant chain is BCH while the other is considered a "forked alt". (BCH ABC is the dominant chain)

Symilar to when Bitcoin split into Bitcoin Core and Bitcoin Cash.

Bitcoin core was the dominant chain and is referred to as "bitcoin" while bitcoin cash became a "forked alt" (which is heavily disputed by the Bitcoin Cash zealots who still claim it to be the "real bitcoin")

BCH is still unsafe to split into BCH ABC and BCH SV because neither chain has implemented replay protection and Craig Wright has made several threats about "losing both coins if you split it". With the potential 51% attacks looming, chain re-organisations (already happened on SV) and transaction spam attacks and Ddos attacks on the coin networks - BCH is rapidly losing the practical uses it had. Vendor and Exchange support is dropping. The bleeding has extended to other cryptos.

Often there is no love lost between competing cryptos and their communities but I believe this "war" will have a long lasting effect on both SV as well as ABC. I think it will have a detrimental effect on the future of BCH. Any gains of popularity (low Tx fee & faster Tx) will be lost. Investors have long memories and the market is full of competing products that conduct themselves with more dignity.

EDIT:


https://www.ccn.com/bitcoin-cash-price-drops-12-to-new-all-time-low-at-190-whats-causing-it/



https://www.bloomberg.com/news/articles/2018-11-23/bitcoin-cash-wars-end-with-no-relief-for-biggest-cryptocurrency

It appears that there is no favorable position when holding a BCH coin, despite the fact that at first it was hardfork and ready to outmaneuver crypto costs to date, it is smarter to discard it so as not to encounter high misfortunes. I am certain that different altcoins will have more potential and great later on.

Your thinking is grave. I think BCH is sometimes is potential crypto. But after the hard fork, be split into BCHABC and BCHSV, the potential of BCH is go down. I think in the next time, the volume of BCH will decrease because of the demand of investors in 2 new coins.

Hardfork is the end of Bitcoin Cash . I think very soon nobody will trade or use Bitcoin Cash anymore, for now all investors and traders only focus on 2 new cryptocurrencies Bitcoin Cash SV and Bitcoin Cash ABC only. Seem like if this situation keep happening, it'll be really the end for Bitcoin Cash.

My understanding is also like that the original BCH changed to BCH abc , many thought that the incident made the price of bitcoin down

Merchants are dropping BHC support. At least for the time being until things crystallize. It could even happen that that last forever.


https://twitter.com/GlobeeCom/status/1065965285616873477

is it if bitcoin cash is dead, will it improve the situation? will it affect the price of bitcoin? I am afraid that if bitcoin cash dies I am scared if it will make the price of bitcoin fall further

Honestly, I have no soft corner for bitcoin cash and I do not have a little interest for bitcoin cash. If it is dead then it will be better for the Bitcoin market. Bitcoin cash is a shit coin it should be dead it has no influence in the market.

Hopefully neither will succeed and all bitcoin cash variants will be dumped out of service. This will restore confidence in the bitcoin markets which has taken a real hammering

most likely it is, I agree with you. We will be watching this situation further. I hope BCH will restore its position

Now the price of this coin is falling, but in the long run I think it will grow again. no need to draw conclusions in advance. have to wait. I also did not invest in BCH when many said that it was a great coin. its capitalization has fallen significantly, but most likely it will rise when the market begins to recover in 2019

This is also a risk that the real Satoshi understood. That the crypto has to be free from personalities.

SV is Craig Wright and ABC is Roger Ver.

It is near impossible to strip away the personalities from the Crypto because they have such polarizing personalities.

Neither of them appeal to me. But if I had to choose I'd prefer Ver over Wright.

I doubt that SV will amount to anything over time. But the issues caused will be an interesting learning experience.