Real strenght of Bitcoin is showing in Cash

alyssa85

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Quote from: thecodebear on November 11, 2017, 01:32:10 PM

Quote from: alyssa85 on November 11, 2017, 09:28:48 AM

The smart ones who kept their coins after teh August 1st fork are perfectly hedged. It doesn't really matter which coin wins if you hold them both.

The ones who sold their BCH or bought into bitcoin for the first time after August are the ones feeling nervous. But seriously, this was always going to happen. Bitcoin's price rose too fast, and it has underlying problems with transactions. If they're not fixed, the market will jump to another solution. The chance to fix it was segwit2x. It's too late now.

I really hope no one is actually nervous about bitcoin right now haha. If they are they must be brand new to the game. BCH is a pump and dump coin. In a couple weeks it'll be back under $500 after people make their money from it, just like in August.

The idea that Bitcoin Cash offers a solution that Bitcoin doesn't is ridiculous. That is a very short term view of things. Also the idea that 2x was the chance to solve scaling for bitcoin... hahaha. I'm fully in support of the 2x in order to alleviate current stress on bitcoin, but it is a very short term solution. When bitcoin hits the mainstream for payments segwit2x or 8 MB blocks aren't gonna do anything to handle that! They'll maybe handle on-chain 1% of what is needed, probably less than 1%. The only solution that gets crypto to a mainstream payments platform are off-chain solutions, which Bitcoin is working on figuring out. Bitcoin Cash doesn't ever need to figure that out because they have 8 MB blocks that only get 0.1 MB worth of transactions per block because Bitcoin Cash is a pump and dump altcoin that isn't used for anything.

Have you seen the mempool? It's over 100k. It's ridiculous. And we know that bitcoin will never scale.

So the search is on for a replacement. I agree that there are many alts superior to bitcoincash - but some big names are behind BCH, and that might be enough to make it the winning coin.

thecodebear

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Quote from: alyssa85 on November 11, 2017, 09:28:48 AM

The smart ones who kept their coins after teh August 1st fork are perfectly hedged. It doesn't really matter which coin wins if you hold them both.

The ones who sold their BCH or bought into bitcoin for the first time after August are the ones feeling nervous. But seriously, this was always going to happen. Bitcoin's price rose too fast, and it has underlying problems with transactions. If they're not fixed, the market will jump to another solution. The chance to fix it was segwit2x. It's too late now.

I really hope no one is actually nervous about bitcoin right now haha. If they are they must be brand new to the game. BCH is a pump and dump coin. In a couple weeks it'll be back under $500 after people make their money from it, just like in August.

The idea that Bitcoin Cash offers a solution that Bitcoin doesn't is ridiculous. That is a very short term view of things. Also the idea that 2x was the chance to solve scaling for bitcoin... hahaha. I'm fully in support of the 2x in order to alleviate current stress on bitcoin, but it is a very short term solution. When bitcoin hits the mainstream for payments segwit2x or 8 MB blocks aren't gonna do anything to handle that! They'll maybe handle on-chain 1% of what is needed, probably less than 1%. The only solution that gets crypto to a mainstream payments platform are off-chain solutions, which Bitcoin is working on figuring out. Bitcoin Cash doesn't ever need to figure that out because they have 8 MB blocks that only get 0.1 MB worth of transactions per block because Bitcoin Cash is a pump and dump altcoin that isn't used for anything.

VuLDK

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Quote from: kwukduck on November 10, 2017, 01:10:38 PM

There we have it guys.
People were hoping for SW2X but got disappointed.
Now the only working real bitcoin is Bitcoin Cash and big money is flowing into it.
I suspect it will be equally valued to Bitcoin Core before the end of the year.
Every serious Bitcoiner know it is the only implementation that Satoshi thought would ever be viable.
Not this mutable SegWit nonsense. There was a very good reason he included signature data and keep transactions immutable!

I think the BCH will not be as good as the BTC, despite the fact that at the moment, the BTC is moving up very fast, by the end of this year, the BTC will reach the $ 10000 mark, which is my guess. like that. The BCH will not increase anymore

bucciarati

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don't know what to think, sure bitcoincashis being pumped up a lot but don't think bitcoin can be surpassed in one week, this was a test pump maybe is still going on but things must slow down, this could be a positive for aggressive traders switching between the two versions to profit

poodle63

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I sure that this guy was the bitcoin cash fans. This thread can be considered as another FUD. If you are believing on the bitcoin cash and just dump your bitcoin to the bitcoin cash and never back again.
The fork shit coin cash will never be like the real bitcoin.

alyssa85

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The smart ones who kept their coins after teh August 1st fork are perfectly hedged. It doesn't really matter which coin wins if you hold them both.

The ones who sold their BCH or bought into bitcoin for the first time after August are the ones feeling nervous. But seriously, this was always going to happen. Bitcoin's price rose too fast, and it has underlying problems with transactions. If they're not fixed, the market will jump to another solution. The chance to fix it was segwit2x. It's too late now.

ladydark

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Quote from: kwukduck on November 10, 2017, 03:05:18 PM

Quote from: jjacob on November 10, 2017, 02:59:24 PM

Quote from: kwukduck on November 10, 2017, 01:10:38 PM

There we have it guys.
People were hoping for SW2X but got disappointed.
Now the only working real bitcoin is Bitcoin Cash and big money is flowing into it.
I suspect it will be equally valued to Bitcoin Core before the end of the year.
Every serious Bitcoiner know it is the only implementation that Satoshi thought would ever be viable.
Not this mutable SegWit nonsense. There was a very good reason he included signature data and keep transactions immutable!

Bitcoin Cash is nothing to be scoffed at, with a market capitalization of over $15 Bn now. But it is still a fraction of Bitcoin. The 'flippening' with respect to Bitcoin Cash doesn't seem to be something which we should worry about in the near future.

It should be. All the hundreds of millions that flowed into Bitcoin in hopes of SW2x are now flowing into Bitcoin Cash, as that's the only one solving the problem right now and staying true to Satoshis vision.
Transaction volume in USD of Bitcoin Cash was almost equal to the transaction volume in USD to Bitcoin Core itself. If that doesn't scream FLIPPENING i don't know what does!

You are absolutely wrong.SW2x disappointers are not buying that bullshit BCH after selling their bitcoins.Instead,they are buying cheap altcoins which was their previous plan.Even if SW2x had got activated,then also they would have followed this plan.

BCH is just being pumped vigorously to just show that after the much expected SW2x cancellation,BCH would be the only substitute for bitcoin.They may fool newbies but not the entire bitcoin community.

talkbitcoin

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All I know is that I know nothing.

there is no strength and no advantage in bitcoin cash over bitcoin. and when you see an altcoin getting pumped just because of something in bitcoin then you have to start thinking something is very shady about that altcoin.

it is not more than 6 or 7 months that we had the same pattern! bitcoin had a big back log of unconfirmed transactions and fees were high when all the altcoins were saying "we are replacing bitcoin" or we are better, blah blah, and soon enough they all died right after bitcoin had its downtime and whales accumulated the weak hand's bitcoins.

Sensill

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till now BCH depend on fake bumps (BTG stopped , 2x cancelled ) and no one will think it will be against bitcoin . no one know what will happen in future but will be good news for btc and bad for bCH

mindrust

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Quote from: kwukduck on November 10, 2017, 01:10:38 PM

There we have it guys.
People were hoping for SW2X but got disappointed.
Now the only working real bitcoin is Bitcoin Cash and big money is flowing into it.
I suspect it will be equally valued to Bitcoin Core before the end of the year.
Every serious Bitcoiner know it is the only implementation that Satoshi thought would ever be viable.
Not this mutable SegWit nonsense. There was a very good reason he included signature data and keep transactions immutable!

You have been a troll all the time but being a bcash troll? No man that's too much. Too disgusting.

Straight into my ignore list.

Sensill

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cash and other altcoins is other try from rich men to gain a lot using btc name so that in future this coins will end

Slow death

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Quote from: thecodebear on November 11, 2017, 02:45:45 AM

Bitcoin Cash?! You mean that pump and dump coin that's 100% speculation with completely barren blocks? Ha! And when BCH dumps in a few days what will you be saying then? Same thing happened in August, up to around $1000, back down to $300. Pure pump and dump.

I agree, and it is unbelievable that some people are considering the hypothesis that some day BCH will become BTC

Quote from: thecodebear on November 11, 2017, 02:45:45 AM

The only useful thing about Bitcoin Cash is on these pumps the winners get to make a lot of Bitcoin.

The loser always loses a lot of money.

Quote from: kwukduck on November 10, 2017, 01:10:38 PM

People were hoping for SW2X but got disappointed.

I was very happy and the price rose to $7800 and then fell, the only one who must have been sad is you and this group of crazy people who call themselves BitPico

teilwalL05

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Bitcoin cash really take the notch up and can really take the $1000 value, and it happens when bitcoin drops but it would still need to go a long way and needs to pump up more than bitcoin did, but I think this is a good thing for the market of cryptocurrencies and let's see if the cash can really male it through the top.

thecodebear

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Quote from: kwukduck on November 10, 2017, 01:10:38 PM

There we have it guys.
People were hoping for SW2X but got disappointed.
Now the only working real bitcoin is Bitcoin Cash and big money is flowing into it.
I suspect it will be equally valued to Bitcoin Core before the end of the year.
Every serious Bitcoiner know it is the only implementation that Satoshi thought would ever be viable.
Not this mutable SegWit nonsense. There was a very good reason he included signature data and keep transactions immutable!

Bitcoin Cash?! You mean that pump and dump coin that's 100% speculation with completely barren blocks? Ha! And when BCH dumps in a few days what will you be saying then? Same thing happened in August, up to around $1000, back down to $300. Pure pump and dump.

The only useful thing about Bitcoin Cash is on these pumps the winners get to make a lot of Bitcoin.

RenegadeMind

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The block times in BCH don't help it.

Faster transactions in Lightning Networks will prove themselves within a few years.

alyssa85

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At the moment, it's just a pump to ensure that when bitcoincash does a consensus fork in a few days time, the miners have incentive to mine it.

Longer term, BCH really needs services like Bitpay to enable it for users, so that they can use it instead of bitcoin. I'm surprised that more services haven't jumped on enabling BCH and other alts.

Proton2233

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It was bound to happen. There are consequences for the time share. It seems to me that before to announce the introduction of segwit2x had to negotiate with all interested parties. Now I think you need to save the capital which remained loyal to bitcoin. Now we need to increase the block size. Will not be worse. Bitcoin needs to offer users the best conditions to use or it will make someone else.

jubalix

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Quote from: kwukduck on November 10, 2017, 03:05:18 PM

Quote from: jjacob on November 10, 2017, 02:59:24 PM

Quote from: kwukduck on November 10, 2017, 01:10:38 PM

There we have it guys.
People were hoping for SW2X but got disappointed.
Now the only working real bitcoin is Bitcoin Cash and big money is flowing into it.
I suspect it will be equally valued to Bitcoin Core before the end of the year.
Every serious Bitcoiner know it is the only implementation that Satoshi thought would ever be viable.
Not this mutable SegWit nonsense. There was a very good reason he included signature data and keep transactions immutable!

Bitcoin Cash is nothing to be scoffed at, with a market capitalization of over $15 Bn now. But it is still a fraction of Bitcoin. The 'flippening' with respect to Bitcoin Cash doesn't seem to be something which we should worry about in the near future.

It should be. All the hundreds of millions that flowed into Bitcoin in hopes of SW2x are now flowing into Bitcoin Cash, as it's the only one solving the problem right now and staying true to Satoshis vision.
Transaction volume in USD of Bitcoin Cash was almost equal to the transaction volume in USD to Bitcoin Core itself. If that doesn't scream FLIPPENING i don't know what does!

Core will upgrade blocksize at some point....cores biggest advantage as I understand it is better devs.

Febo

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Quote from: kwukduck on November 10, 2017, 03:05:18 PM

Quote from: jjacob on November 10, 2017, 02:59:24 PM

Quote from: kwukduck on November 10, 2017, 01:10:38 PM

There we have it guys.
People were hoping for SW2X but got disappointed.
Now the only working real bitcoin is Bitcoin Cash and big money is flowing into it.
I suspect it will be equally valued to Bitcoin Core before the end of the year.
Every serious Bitcoiner know it is the only implementation that Satoshi thought would ever be viable.
Not this mutable SegWit nonsense. There was a very good reason he included signature data and keep transactions immutable!

Bitcoin Cash is nothing to be scoffed at, with a market capitalization of over $15 Bn now. But it is still a fraction of Bitcoin. The 'flippening' with respect to Bitcoin Cash doesn't seem to be something which we should worry about in the near future.

It should be. All the hundreds of millions that flowed into Bitcoin in hopes of SW2x are now flowing into Bitcoin Cash, as it's the only one solving the problem right now and staying true to Satoshis vision.
Transaction volume in USD of Bitcoin Cash was almost equal to the transaction volume in USD to Bitcoin Core itself. If that doesn't scream FLIPPENING i don't know what does!

I am glad you finally saw the light and you realized that Bitcoin is the only future we have.

FrozenChaos

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You're kidding yourself if you think anything with 10 minute block times is going to be used for day-to-day purchases as a substitute for cash/card.

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