So Bitcoin vs Bitcoin Cash? | Bitcointalksearch.org

allohha

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Quote from: tusandii on August 02, 2017, 02:29:00 PM

Quote from: JorisK on July 29, 2017, 07:31:43 AM

Quote from: pinkflower on July 29, 2017, 07:25:08 AM

The real question is what should be followed to be considered the real BTC? The blockchain with more hashing power or the blockchain thats supported by Core?

More problems incoming after this year.

There is no consideration what is 'the real BTC'.

There is only one BTC: BTC

Everything else forked from BTC is simply an altcoin.

I like statement above, "everything else forked from BTC is simply an altcoin". If we look backward of what happened with ETH, the fork is made because The Dao accident and it is really different with what just happened between BTC and BCC/BCH

Guys, advise what to do with those Bitcoin which are already on the wallet? I'm worried about their retention after what happened to this fork. And the bifurcation does not bother me and I probably do not know correctly whether I perceive them or not. Reality would be better to invest all Bitcoin, In an alternative currency, it is possible to buy out very good tokens with huge potential. I think that this is how I could protect myself and my fortune.

tusandii

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Quote from: JorisK on July 29, 2017, 07:31:43 AM

Quote from: pinkflower on July 29, 2017, 07:25:08 AM

The real question is what should be followed to be considered the real BTC? The blockchain with more hashing power or the blockchain thats supported by Core?

More problems incoming after this year.

There is no consideration what is 'the real BTC'.

There is only one BTC: BTC

Everything else forked from BTC is simply an altcoin.

I like statement above, "everything else forked from BTC is simply an altcoin". If we look backward of what happened with ETH, the fork is made because The Dao accident and it is really different with what just happened between BTC and BCC/BCH

coingrow

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Quote from: JorisK on July 29, 2017, 07:31:43 AM

Quote from: pinkflower on July 29, 2017, 07:25:08 AM

The real question is what should be followed to be considered the real BTC? The blockchain with more hashing power or the blockchain thats supported by Core?

More problems incoming after this year.

There is no consideration what is 'the real BTC'.

There is only one BTC: BTC

Everything else forked from BTC is simply an altcoin.

So rightly said. BCC is just another shitcoin which will be first pumper to about 1000 USD and when noobs start fomo buying them whales will dump it

warrior333

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To divide bitcoin, it was a very bad decision. Probably one of these coins will die. To be safe, users can temporarily turn on both coins and this will reduce the price. I'm sorry that ambition is not allowed to reach consensus.

Master_dandosha

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Quote from: DaMut on July 29, 2017, 07:42:34 AM

Quote from: JorisK on July 29, 2017, 07:31:43 AM

Quote from: pinkflower on July 29, 2017, 07:25:08 AM

The real question is what should be followed to be considered the real BTC? The blockchain with more hashing power or the blockchain thats supported by Core?

More problems incoming after this year.

There is no consideration what is 'the real BTC'.

There is only one BTC: BTC

Everything else forked from BTC is simply an altcoin.

True,
People keep asking about who's the real one Bitcoin or Bitcoin Cash ?
Look at the ticker :
Bitcoin = BTC
Bitcoin Cash = BCC/BCH
Bitcoin Cash created based on Bitcoin which mean Bitcoin is a genuine item and Bitcoin Cash is a clone.
No matter what,a clone will never replace the real one.Let see what they did to ETH for example;
Because of hard fork they created ETC,and it's surpassing ETH at this moment ?
No,because it's created based on ETH chain.

Based on this example we can see,which one is having a more value in the community.
Many people keep shilling about BCC more likely because they're from 'that side' who is always created this drama.
Like they did back year and create another bitcoin such as Bitcoin Core,Bitcoin Unlimited and Other Type of Bitcoin

Meaningfully post i think community already decided after pointing all rig to the original real bitcoin (BTC) , cloned one (BCC/BCH) hyped now because of its free reward after that all done .

Skieleton

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The planned hardfork is an expression of a lack of compromise between proponents of different ways to increase network bandwidth. In this situation, two "competing" crypto will be created: BTC, Bitcoin and BCC - Bitcoin Cash. The most important BCC technical assumptions are to increase the block size limit to 8 MB, and reject the Segregated Witness idea, which, according to BCC supporters, unnecessarily complicates the network protocol.

followmenot

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I prefer original bitcoin always. I always loved practical solution. Bitcoin cash isn't solving problem. It is gonna create nore other problems. So original bitcoin with segwit is way to go.

SvenBomvolen

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Bitcoin Cash is a token which may appear after hard fork's activation (UAHF).
Bitcoin Cash is not so different from BTC, not taking into account such issues as the implementation of Segregated Witness (Segwit) and the function Replace-by-Fee (RBF). But the most significant differences between BTC and BCC will be three new additions to the code base of bitcoin, which include:
- Increased size of the block's limit. Bitcoin Cash provides an immediate increase of the block's size limit to 8 MB.
- Protection from destruction and re-transmit messages. If the two chains will continue, the system Bitcoin Cash minimizes the risk of the user and ensure a safe and peaceful coexistence of the two circuits with protection against re-play and erasing.
- A new type of transaction. In the technology of protection against reuse Bitcoin Cash introduces a new type of transaction with additional benefits, such as the signing of the entrances to improve security for hardware wallets and removal problems quadratic hashing.

keithers

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The part that I am not quite grasping is where the start price of bitcoin cash will be if it makes it? I get that they share the blockchain up until the split, and my understanding is that if you moved all of your bitcoins to a hardware wallet, then you would have the equivalent of bitcoin and bitcoin cash at the starting point of bitcoin cash correct?

But if the blockchain splits off at the price of bitcoin being like $2800 let's say (I just threw that number out there), then what would be the starting price of bitcoin cash? Or how would that even be determined? If it started off at $300...would it make bitcoin therefore be worth $2500 per btc?

Aur3

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Quote from: linkme on July 29, 2017, 07:20:02 AM

Bitcoin is the original version of bitcoin that we’ve used for years. Bitcoin Cash is a proposed fork of the bitcoin blockchain. Supporters of BCC believe that SegWit is attacking some of bitcoin’s fundamental strengths – like its decentralization and democratization. They believe SegWit2x is being led by individuals with ties to shady organizations, and that SegWit2x will be the end of bitcoin as we know it.
Quote from https://bitcoinexchangeguide.com/bcc-vs-btc

Yeah. So, who's side are you on?

MentalNomad

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Quote from: pinkflower on July 29, 2017, 07:25:08 AM

The real question is what should be followed to be considered the real BTC? The blockchain with more hashing power or the blockchain thats supported by Core?

That's like asking, "if a woman gives births to twin daughters, which one is considered to be her real daughter?"

They're both real. They're both chains born of the old chain. We're just deciding what to name them so we know which one we're talking about.

Yakamoto

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Quote from: Skrodk on July 29, 2017, 06:56:57 AM

So I get the whole split thing, why it's happening and what it could entail etc.

I just have a question:

Whats the actual difference between Bitcoin and Bitcoin cash? Will cash have larger blocksize, will it be faster, better upgraded? And will old Bitcoin just be the same slow, 1mb blocksize?

Whats the actual difference here? Bitcoin cash just an altcoin which is faster?

Damn posts like this are proving why this entire event with BCC is just preying on people who don't know what's going on.

BCC is Bitcoin 'classic", meaning that it is Bitcoin as it is now, just with a new name. They change none of the code, it stays the same and is accessible from private keys containing Bitcoin during the time of the fork iirc. BTC or Bitcoin is the fork with a larger blocksize and the effects of SegWit. BCC is just a weak clone being used to exploit those who either don't understand the fork or is trying to prey on people who just "don't wanna" fork over with the rest of the community and remain belligerent.

supercanada1

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Quote from: orarider on July 29, 2017, 08:42:50 AM

This division is causing different opinions, one side supporting the larger block, the other demanding the same. However, I think the larger block will come with poor security risks, so it's not safe to be selected.

the price of the bitcoin is growing very fast but today a lot of people are still saying that the fiat currency is better than bitcoin I would like to say that bitcoin is not for those who do not like it but for those who want to make money from their own bitcoins bitcoin is better than cash it is more convenient and easy to use.

pinkflower

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Quote from: acpr23 on July 29, 2017, 07:37:19 AM

My question is should we fear BCC? I mean would it be the reason for bitcoin's death? Will people dump their bitcoin for bcc? Please clarify thankyou

No unless the Bitcoiner whales are thinking of supporting BCC and will dump their BTC in the market. But we know they will not and cannot do it. Deep inside they know their interests are still tied with BTC.

Taskford

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Bitcoin cash is nothing compare to bitcoin because if you will look at its price you can see that the price of bitcoin cash is very far from the price of bitcoin and it is just like a shitcoin for the market because it has nothing to do with bitcoin who already built great and strong fundamentals.

Cocobrayy

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Bitcoin is likely to be divided into two separate currencies, Bitcoin and Bitcoincash. Chances are many people only accept the original Bitcoin rather than bitcoincash

Drnice

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The Bitcoin we know was moving with 1mb block size, but now, the Bitcoin cash is 8mb.

I am sure as time goes on, the BTC will grow from 1mb to 3-4mb, but BCC which is already 8mb...hmm...this might make it take the lead over BTC.

Well, the main difference here will be the block size between them.

Basmic

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I don't believe in the division after August 1. However, if this happens the user will choose the coins that will be more user-friendly and the second coin will very quickly cease to exist. Why do whales and miners? I'm sure they will agree and nothing will happen.

YOYOY

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BTC and BCC are two possible forks for the bitcoin blockchain this coming Segwit on the 1st of August. Bitcoin (BTC) is the bitcoin we’ve known and loved for years. Bitcoin Cash (BCC), on the other hand, is a proposed hard fork that claims to be closer to Satoshi’s original vision for the currency. The big difference totally right here is that BCC will be possibly worth of a penny rather than the price of BTC we know for years and its current price right now. And the question that remains right now until August 1 is does BCC will be a valid crypto currency? So that's the very big difference right there mate.

btccashacc

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Quote from: acpr23 on July 29, 2017, 07:37:19 AM

My question is should we fear BCC?

No, we should not.

Quote from: acpr23 on July 29, 2017, 07:37:19 AM

I mean would it be the reason for bitcoin's death?

There's no reason for the BCC makes Bitcoin dead.

Quote from: acpr23 on July 29, 2017, 07:37:19 AM

Will people dump their bitcoin for bcc? Please clarify thankyou

Actually, you're literally earning Bitcoin cash/BCC while holding Bitcoin itself, you will automatically receive the equivalent amount in BCC when you holding bitcoin on Aug 1, it just like full airdrop without mining and ico,ok let's be real BCC is a clone and everything are clones is hard to replace the original one, so will people sell their bitcoin and buy BCC? one thing that i know people will sell their BCC once the coin is tradeable.

Topic: So Bitcoin vs Bitcoin Cash? (Read 4075 times)