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Topic: Real reason why Bitcoin Cash is chasing Bitcoin - page 2. (Read 597 times)

sr. member
Activity: 385
Merit: 250
Bitcoin Cash can never chase bitcoin. You all saw what happened during the pump and dump. It does have a few true believers but it only really grew as a result of market manipulation courtesy of Roger Ver and other Segwit2x backers.
legendary
Activity: 1526
Merit: 2617
BCH more practical? Maybe to some pumpers and dumpers including the likes of Roger Ver and Jihan Wu it might be. Doubt most people will ever consider it more practical than Bitcoin itself.
To me it comes across as a scam because it is living of the original core name.

Surely Litecoin does everything Bitcoin Cash does. It's much cheaper too now and didn't need such a scammy name to get off the ground either.

Bitcoin Cash reeks of the "Let's quickly create a fork with almost the same name and make sure our mining equipment can only be bought with it so that people HAVE to trade with it at least." ideology.

Google trends indicates the world doesn't care about Bitcoin Cash only when Wu and Ver are using their utmost powers to pump this crap.
Even Litecoin gets more lookups over the last 3 months.

https://trends.google.com/trends/explore?q=bitcoin,bitcoin%20cash,litecoin
member
Activity: 84
Merit: 10
Hello
I am just wondering what is the reason of bitcoin gold raising in value, while bitcoin in such a moments is loosing the value.

My predictions are:
A) there is bigger demand for bitcoin cash as it is more practical for now
especially in north korea and japan there is already some infrastructure and people was using bitcoin to pay there, at least more than in the rest of the world, so this would clarify why bithumb has big part of this movements
B) there are big whales speculating on this or some other less legal situation
there are some blames that Roger Ver is responsible for this
is there any evidence that this price movements are not linked just to demand ?
C) A + B

What predictions do you have ?
Do you agree with one of mine ? If yes then please fill my assumptions with some arguments.

Then I am wondering if it is possible that Bitcoin Cash eventually would eat normal Bitcoin (so overgo it in sense of price) and Bitcoin Cash would dominate the cryptocurrency market. Then what would happen with standard bitcoin, its value would drop ? How much ? 50 % ? More ? Less ?
What do you think ?

Looking for some discussion and as possible the links to facts.

Regards !

It is quite obvious that there are only few people who is trying to buy bitcoin cash. They tries it before and earned a lot from it, it will not be a question that they will do it again. It is impossible that people will prefer BCH over BTC.
sr. member
Activity: 854
Merit: 307
BCC is the first fork and has some special marketing value.
Other than that it's like looking into a crystal ball.

Probably BCC will become the same as LiteCoin, a good secondary coin.
BTC will remain king (the VHS of cryptocurrency) Cool


Bitcoin is not VHS (versus Betamax), Bitcoin is U-matic if you want an analogy.
sr. member
Activity: 434
Merit: 255
Never the bitcoin cash will not dominate the market. There are already two leaders, and they are always. Bitcoin is the pinnacle that reaches offered by any of the altcoins ever. On the altcoins market leader Ethereum and he, too, will remain a leader for a very long time. Bitcoin cash this is just a speculative asset. He was used and thrown away.
legendary
Activity: 1652
Merit: 1265
BCC is the first fork and has some special marketing value.
Other than that it's like looking into a crystal ball.

Probably BCC will become the same as LiteCoin, a good secondary coin.
BTC will remain king (the VHS of cryptocurrency) Cool
newbie
Activity: 5
Merit: 0
Hello
I am just wondering what is the reason of bitcoin gold raising in value, while bitcoin in such a moments is loosing the value.

My predictions are:
A) there is bigger demand for bitcoin cash as it is more practical for now
especially in north korea and japan there is already some infrastructure and people was using bitcoin to pay there, at least more than in the rest of the world, so this would clarify why bithumb has big part of this movements
B) there are big whales speculating on this or some other less legal situation
there are some blames that Roger Ver is responsible for this
is there any evidence that this price movements are not linked just to demand ?
C) A + B

What predictions do you have ?
Do you agree with one of mine ? If yes then please fill my assumptions with some arguments.

Then I am wondering if it is possible that Bitcoin Cash eventually would eat normal Bitcoin (so overgo it in sense of price) and Bitcoin Cash would dominate the cryptocurrency market. Then what would happen with standard bitcoin, its value would drop ? How much ? 50 % ? More ? Less ?
What do you think ?

Looking for some discussion and as possible the links to facts.

Regards !
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