Topic: Is bitcoin cash the new real bitcoin? time to buy? (Read 1628 times)

No i think there will always be one bitcoin, the forks are cool for the short run because it drives the price up and you  get something for free. maybe Bitcoin cash can survive since it has some big money behind it.


Cheers

Bitcoin cash got me thinking 😞
When is the massive move coming seeing bitcoin cash at 1300$ or 1600$
Ain't a move to me
But far below my expectations

Bitcoin cash is just a hard fork for bitcoin, it was introduced on 1st August, but it could not replace bitcoin. Bitcoin will always be an upper hand on bitcoin cash, no other crypto currency can replace bitcoin because of its qualities and quick ways of transferring. People can trust bitcoin because it is a promising currency and rewards with multiple benefits

Indeed is very worry some for most of us. But I believed in bitcoin that I didn't move even a single btc on my wallet. The drop was significant but since we all known bitcoin will recover, and it did happened. The price is going up today while bitcoin cash is dropping hard and I agree with you it will settle down below $1000 or even bottom at $500 soon.

I was so worried about the btc/bcash situation a few days ago, i was wondering what could happen if i just switched all my funds to bcash, i am lucky because i didnt had that mistake, i did not even move a single cent for that. Maybe i made some profits from daily trading with bcash, it was very profitable because you all know that it has been so volatile in the last few days, so i took that opportunity.
but it is going down, i think that it will be around 800-900 dollars by tomorrow, just screenshot this, i am pretty sure about that.

uh, you sure about that?

bitcoin has not forked in any way other than a soft one. it's the same ledger that's been around for years and years.

bcash, uh, ain't.

you should be careful who you allow to pollute your mind. it could end up costing you alot of money.

What do you guys think about this?

https://www.cryptocoinupdates.com/why-bitcoin-cash-is-the-real-bitcoin-at-this-stage-different-systems-bitcoin-vs-segwit-vs-lightning/

What are the differences between Bitcoin system, SegWit system and Lightning system and which one is true P2P, decentralised and which one is real Bitcoin system?

Which system should be called Bitcoin?

Please note that coin of every system is called by the system name, and note that Bitcoin coin name has been hi-jacked by Core & Blockstream as they count on exploiting lack of higher knowledge of users and the users not knowing how system works. Most users know the brand name only, as this is how mentality of consumers works, and Core & Blockstream count on this to trick you thinking you hold Bitcoin but you are not.

Answer is inside…

To all the Core advocates: You can bite me… I will keep calling you out

To all the Core shills: Stop being a moron and allow these liars to brainwash you. Temporal price of the coin is not determining factor of what Bitcoin is… THE WORKING PRINCIPLES is that what determines this. So stop being sheeple.

In addition, “I meant to say, with small block size, miners need higher fees , with large block size they can have lower fees as there is much more space for more transactions in the block, to get equal amount of reward from fees.

I also forgot to mention that user sending coins signs his transaction and this signature goes into the Bitcoin block also (but in SegWit system signature is not included in the Bitcoin block).

Opening a payment channel is equivalent to opening an account with a bank.

Oh and how could I forget this… ask Wikileaks what happens when government want to lock you out… all banks lock you out, Lighting hubs will act the same way, but miners don’t.”

bitcoin is bitcoin, bitcoin cash is bitcoin cash. i think its different although there is a named bitcoin but those two coins is really different. although i am not too know what the different, each coins have each way and can not be compared. i think bitcoin cash right now wants to gets increase because if i see in every market, the price is jump significant and break the wall of 0.1x btc per 1 bitcoin cash so maybe it will increase more higher later.

If that is the best argument that you have then BTC is destined to die.

History is littered with those who thought they were too big to fail.

LOL! And who controls most of the BTC mining power?? News flash, BTC isnt as decentralized as you'd like to imagine.

Bitcoin Cash can't be real bitcoin because the vast majority people know bitcoin but a few people know bitcoin cash. Recognition is really important things in trading.

Bitcoin Cash is not the new Bitcoin. It is the old unforked one.

Bitcoin Cash could become the winner of the ongoing high transaction fee debate around. Now where the S2x fork is canceled BTC exchanges, providers and wallets are forced to implemented segregated witness as fast as possible.

Fuck no, bitcoin cash wont be the next bitcoin cause its centralized by the founders and developers they can rig the system anytime they want.
they control most of the hashing power to mine the altcoin

bch its satoshis BTC, thats it.

bitcoin now is blockstreams bitcoin, as simple as that

It's not a good investment. This useless coin is only constructed to suck the money out of altcoins and to damage BTC. Any investment in BCH asissts this progress and pours more money into the wrong pockets.

Bitcoin Cash is basically at its all time high, so it's not so wise to buy now because it is having just a temporary pump.
It may be wise to buy later on, when price will go down again to 400-500$. I think BCH won't overcome BTC, but it may still be a good ivestment though... because it will last on top 10 and price will be one the altcoins' highest along with DASH, ETH and Bitcoinnect.

It can not compete Bitcoin, people know that, but it offers opportunity for pump and dump lovers, so traders are riding the wave now, it is not important to believe in a coin if you want to trade it.

I do not think bitcoin cash is the "new" bitcoin.  I would always do my own research before you put any money into any investment.  With that said I would not buy bitcoin cash and if you do wait for the next dump.

No because there are better alts than bcc to take the crown if needed.

it won't replace bitcoin, bitcoin cash is an altcoin. bcash whales are playing with you, don't you see that? they get under your skin, they play with your feelings. if you have courage you can try your chance but expect everything. in the end it will be your profit or loss, not anybody else.

It's the revenge of the whales, what's happening now. You know, that most of the Bitcoins are hold by only a few hands? Do you know, that the fork, which is cancelled now, was motivated from only a few people, who take profit more serious than the vision to free the people? The system behind the segwit2x fork should be angry at its most now. Failed with printing money with the plan to make the rich more rich. Now they are playing with their muscles to destroy the reputation of BTC. And crashing the whole alt market.
Everyone who is pleased with the latest price development of BCH should consider that.
It is a disgusting show of market manipulation and the flock of sheep understands zero - while their money is flowing into the biggest pockets of all. And the newbies here are asking for the next forked airdrop....
You can't eat that much as you want to puke!

Any new currency to be created when BCH forks on 13th?

In my opinion it will never replace the bitcoin. I think it will reach the 7000 in the future. I think because of the cancellation of the segwit2x the price of btc will stay around 6000 or lower.

That was so unexpected from me...lol.

But I guess almost no-one expected that to happen....If it keeps rising in that speed while the whole market is bleeding...wow just wow

I am glad that I bought some before 6 days. Its nice how this coin is mooning right now. I will hold it for a while!

no. but you'd be stupid to discount it too. it's something that all the disgruntled people can rally around and there's no other game in town any more. once the insulting mining situation is dealt with i expect some super pumps and moves from companies like bitpay.

what makes BCH able to replace Bitcoin? how many services receive BCH as payment? Bitcoin will not be replaced, for me BCH is a baby altcoin being pumped

You're seriously asking this? With the way they've been threatening and almost begging people to start calling themselves Bitcoin, you know that they have to resort to that sort of tactic. If they truly had a chance, they would let it happen naturally. But they know they don't, which is why they are getting so desperate. Now Bitcoin Classic is also dead, more people to push BCH up, which is happening right now, but they all know this is temporary.

Keep trying, Bitcoin Cash. We will always remember you as the fork, even when you are no longer in use.

yeah, btc price will contrinue to increase. However, i don't still understand what btc cash is. Curently, no country has issued btc cash. And if that happen in the future, btc cash replaces btc which is impossible. Btc is meeting our needs well, so btc is still best choice for our transactions in the future. i think so.

No, I think no. And I believe no one will be able to do that. Bitcoin is really great and powerful right now. Even if it experience some dumps, I will still believe that it will not be replaced. The only thing I can think of right now is that its value will certainly go up but no more than the value of bitcoin right now. We have so many supporters of bitcoin and backers like big companies and organization. No one will be able to do something like that in just a decade of existence.

No. Bitcoin will remain as the king of cryptocurrency. No one will be able to replace it as it is the best and most secured stable one. I think with its popularity, it will get and get more stable and will leave even more history to the next generation. I think bitcoin cash is just a way to make bitcoin pump higher. I will believe and give my faith and will be happy to see where bitcoin will take us to.

I seriously doubt it will, that have been said about many altcoins over the years and none ever got close, Ethereum is closer in usage and market cap.

I guess there's some speculative value but don't see it getting ahead of bitcoin without big support from the open source community.

It is the users who decide, while most are next to the legacy left by Satoshi Nakamoto he will continue to reign.

BCH is an attempt to dominate this legacy in few hands, so it will fail.

It's all about community, if people start use and buy bcash, it will go up, if not, then we will say Bitcoin 4 life<3

Currently, it looks doubtful. However, if bitcoin cash would succeed in tackling some of the problems that have been paralizing bitcoin, it is possible that the market changes radically.
At the moment this is only speculation, though.

Bcash isn't the new bitcoin but it's be safe to say that its markets are currently going through yet another bull run. https://fork.lol/ also indicates that due to the recent price rise, Bcash has become more profitable to mine, which as a result should lead to quite a bit of selling pressure sooner or later after the coins from the first mined blocks are out in the markets. Bcash still has an unstable network however, the fact that its block release speed can't stabilize is something manipulable and doesn't contribute to its longevity.

I think no because its just like a thing/tool that bitcoin need to become more higher or increase it value , also its just like an altcoin so it would not going to have that much value and  it will like a pumped and dumped coin so better to choose if you will going to have it or not. also i think it will really have a good value but it will take a long time and not that much like bitcoin .

Segwit2x supporters are apparently jumping on board to support BCH. I don't think BCH can take over, but everyone should still keep their eyes peeled just in case.

The answer is clearly no. Bitcoin Cash is an altcoin and will remain as it is, I can't see any reason for Bitcoin Cash to replace Bitcoin on its throne in the future. It may have less expensive fees and faster transactions for now but Bitcoin have the community that BCH don't have, core developers will find a way to solve the scaling problems and that is lightning network not the increase of block size. The only way Bitcoin Cash can replace Bitcoin is when all Bitcoin community sell their coins then switch to Bitcoin Cash.

That's a no. bitcoin cash is an altcoin. I will advise to hold for short-term benefits other than that, stick to BTC

BCH may increase in value but it's a centralized altcoin so it will never replace Bitcoin. It can be interesting as payment method due to the cheap fees as many other altcoins.

Its a big NO for me because bitcoin is the original and bitcoin cash is only an altcoin and it will never reach the price bitcoin has been reached.

well bitcoin is a currency that is actually controlled by the people

In my opinion, Bitcoin Cash will never replaced Bitcoin and I have doubts that it can even reach $7000 in the future. Although we are seeing that its recently being pumped specially after the news came out of the cancellation of the segwit2x. But I'm sure that some people behind are just pumping it and later be dump as well. I'm thinking that once it reached like $900 within the next day, we will see a crash forthcoming. So better watch it and not get trap in the chaos.

So, Bitcoin Cash is not good for long-term investment? what you're recommendation coin is good for long-term besides Bitcoin

Why not? It's his opinion and he has the right to believe in in. It's his money after all
I think it won't happen. If we compare the adoption or even the basic understanding of cryptocurrencies BCC/BCH is in donkey's butt right now. 90% of the people in the world don't even know anything about cryptos and from those who know maybe 1% would choose BCC over BTC. It would have to grow to at least 40% in the following years for it to become a competitor. So from 0 to hero? I think not.

I don't think Bitcoin Cash can replace Bitcoin, it is an alt coin.
But i must confess, i thought that bitcoin cash was dead when went down to ~$300, but after this event, 1200 restaurants in Denmark began to accept bitcoin cash as payment and price doubled.
And also i was thinking to buy a miner from BITMAIN, i sent email asking some questions and i received a answer that they are accept only Bitcoin Cash as payment method.
Maybe Bitcoin Cash can go above $1000.

Of course BCH will never replace bitcoin, I wonder why the hell are you asking this question?



 

how would that be possible? I do not see so many people accepting bch as a means of payment.


Do not listen this guy

Nope never, bitcoin cash will never replace bitcoin or ever reach $7k, it'll just be an altcoin(for pumping and dumping).

Bitcoin cash started with a dump and has been used several time for a pump and dump. It was recently pumped today.
I don't know the real reason behind it but it might be due to a rumor that Bitcoin Cash is going to fork. I think that's why people are putting money into it. Also there was a news that Segwit2x is not suspending the fork and is going to continue with the fork. The fork will happen on November 15 as said by them. So I don't think there is any reason that Bitcoin Cash will ever replace Bitcoin.

I don't think so. Even if this Bitcoin Cash is the "original" plan of the inventor of bitcoin, Satoshi Nakamoto, this is not the bitcoin I am used to use and trade and sell and buy. I think with a lot of investors and holders using BCC, getting the price of it that high is possible, but the supporters and users of bitcoin are more stronger than them.

I only see bitcoin cash as a trigger tool to make bitcoin jump higher. Nowadays people are interested in the rise of bitcoin cash, the miners are also rumored to prefer to mine bitcoin cash rather than bitcoin. yes, for now, the big hands are playing their money between the two coins, so we see the opposite direction when previously almost said bitcoin and bitcoin cash move in the same direction. But I don't think this will last long, and my advice is don't miss a moment like this to reap the benefits of bitcoin cash, but never think to keep it in the long term.

no and no. not a chance in hell
bitcoin cash is an altcoin with no adoption and zero usages. it is however a manipulated altcion which gets pumped and dumped a lot which means there is a lot of profit in short term while it is rising but you have to make sure to dump it on time, not too soon to miss the maximum profit and not too late to miss profit at all.

Will bitcoin cash really replace bitcoin? will it rise to bitcoins value of 7000 and more?