Eventually, either one of these coins (BTC or BCH) will establish itself as the market leader, and claim the top spot in the market capitalization. But it is not all bad news. Before the split, the BTC exchange rate was 1BTC = $2,800. Now the combined (1BTC + 1BCH) exchange rates are around $3,300. It is all gain for holders of BTC/BCH.
See,the price of BTC alone is $3,209 now and there is no need to add the price of that shit coin BCC.BTC has performed very well after hard fork despite negative predictions by some people.BCC price is falling down rapidly and it could not be a substitute for bitcoin.Some people like Roger ver have become antichrist of bitcoin while they were earlier bitcoin jesus and all the nonsense in bitcoin environment is due to the greed of such people. 
Topic: So many BTC, we are far away from Satoshi Nakamoto's idea (Read 970 times)
Eventually, either one of these coins (BTC or BCH) will establish itself as the market leader, and claim the top spot in the market capitalization. But it is not all bad news. Before the split, the BTC exchange rate was 1BTC = $2,800. Now the combined (1BTC + 1BCH) exchange rates are around $3,300. It is all gain for holders of BTC/BCH.
We will see what the price of BTC+BCC will be after exchanges open withdrawals and deposits.
OK... Most of the exchanges have opened BCH withdrawals and deposits, but the combined price has actually increased. Right now, the exchange rate for BTC is around $3,145 per coin (in Coinbase) and the price for BCH is around $226 per coin. So the combined price has increased to $3,370 from $3,300 a few days back (+2%).
Bitcoin is really shitcoin. I wanna invest in ETH soon after deposit/withdrawal starts at exchanges
There's only one Bitcoin, Bitcoin Cash is just altcoin with different goal/vision while SegWit, SegWit2x, classic and UASF (or BIP148) are just upgrade proposal for Bitcoin.
Also, not all Satoshi vision/ideas are perfect since there are things Satoshi didn't expect and the situation changed. If you really want to support bitcoin, run full nodes and support proposal that you think it's best for bitcoin future.
Technically splitting in bitcoin blockchain is not altcoin or alternative coin.
Both of them (Bitcoin cash & Bitcoin Segwit) are Bitcoin.
Just the Policy has separated them in same way.
Wrong, the reason that makes Bitcoin Cash is altcoin is Bitcoin Cash have smaller support in bitcoin community.
Also, not all Satoshi vision/ideas are perfect since there are things Satoshi didn't expect and the situation changed. If you really want to support bitcoin, run full nodes and support proposal that you think it's best for bitcoin future.
There's only 1 Bitcoin (BTC) and thousands of alts like lightcoin dogecoin bcash monere etc
Technically splitting in bitcoin blockchain is not altcoin or alternative coin.
Both of them (Bitcoin cash & Bitcoin Segwit) are Bitcoin.
Just the Policy has separated them in same way.
Wrong, the reason that makes Bitcoin Cash is altcoin is Bitcoin Cash have smaller support in bitcoin community.
No.
Altcoin means Bitcoin alternative. Bitcoin cash and other type of bitcoins like Bitcoin Segwit are still Bitcoin.
If bitcoin Segwit will get smaller support community in future it would be an altcoin? if your answer is yes i should tell, You don't know anything about technically.
It is basic right to anyone to have their own fork version from Satoshi's code. But it would be highly insane to count all of them as bitcoins. There can be only one bitcoin and all other are falling into the category of altcoins.
Then who decides which is bitcoins ? I guess why not we have 2 flavored bitcoins ? Over time, by capabilities only a versatile version will survive and the rest will join altcoins.
Then who decides which is bitcoins ? I guess why not we have 2 flavored bitcoins ? Over time, by capabilities only a versatile version will survive and the rest will join altcoins.
More forks more money.
I had 34 BTC and after fork i have 34 btc + 34 bcc. which one is good?
And you can sell your 34 bcc? Probably not. When the market is thrown out such quantity of coins are not confirmed in real money it will lead to terrible consequences. Perhaps in the future this money will have to return or this coin will die. I had 34 BTC and after fork i have 34 btc + 34 bcc. which one is good?
Eventually, either one of these coins (BTC or BCH) will establish itself as the market leader, and claim the top spot in the market capitalization. But it is not all bad news. Before the split, the BTC exchange rate was 1BTC = $2,800. Now the combined (1BTC + 1BCH) exchange rates are around $3,300. It is all gain for holders of BTC/BCH.
For covering this inflation, one of the markets will be crashed soon.
There's only 1 Bitcoin (BTC) and thousands of alts like lightcoin dogecoin bcash monere etc
Technically splitting in bitcoin blockchain is not altcoin or alternative coin.
Both of them (Bitcoin cash & Bitcoin Segwit) are Bitcoin.
Just the Policy has separated them in same way.
There's only 1 Bitcoin (BTC) and thousands of alts like lightcoin dogecoin bcash monere etc
Eventually, either one of these coins (BTC or BCH) will establish itself as the market leader, and claim the top spot in the market capitalization. But it is not all bad news. Before the split, the BTC exchange rate was 1BTC = $2,800. Now the combined (1BTC + 1BCH) exchange rates are around $3,300. It is all gain for holders of BTC/BCH.
We will see what the price of BTC+BCC will be after exchanges open withdrawals and deposits.
It will definitely increase, no doubt in that. Lots of people are waiting for exchanges to open deposits as many had feared whether exchanges will give equivalent value or not of BCC. Now everyone is regretting why they cashed out all their BTC to wallets.
This is the inefficiency trade off for having a decentralized system where no one has control.
Politics will be inevitable since people will always try to influence others.
However, in the end politics don't matter because no one really has control and financial incentives will drive people in the right direction. Rather than in a centralized system where politics actually decide the result.
The bitcoin that comes out on top will be better for it.
Politics will be inevitable since people will always try to influence others.
However, in the end politics don't matter because no one really has control and financial incentives will drive people in the right direction. Rather than in a centralized system where politics actually decide the result.
The bitcoin that comes out on top will be better for it.
Eventually, either one of these coins (BTC or BCH) will establish itself as the market leader, and claim the top spot in the market capitalization. But it is not all bad news. Before the split, the BTC exchange rate was 1BTC = $2,800. Now the combined (1BTC + 1BCH) exchange rates are around $3,300. It is all gain for holders of BTC/BCH.
We will see what the price of BTC+BCC will be after exchanges open withdrawals and deposits.
More forks more money.
I had 34 BTC and after fork i have 34 btc + 34 bcc. which one is good?
Great that you had a good collection of coins and taking the bonus from the split,more forks does not mean more money all the time,you need to have a solid reason for the fork,if not what is the use of having million splits and the trust in bitcoin for the general investors will be gone forever,so enjoy your perks you got, @ OP we might be moving a bit different now because it is what some find appalling to upgrade but there wont be many forks for a long time for sure. I had 34 BTC and after fork i have 34 btc + 34 bcc. which one is good?
Eventually, either one of these coins (BTC or BCH) will establish itself as the market leader, and claim the top spot in the market capitalization. But it is not all bad news. Before the split, the BTC exchange rate was 1BTC = $2,800. Now the combined (1BTC + 1BCH) exchange rates are around $3,300. It is all gain for holders of BTC/BCH.
But where did all this value come from? From the altcoins? Bitcoin's price is still good right now with no signs that there is a dump. BCH is also on the rise and has been holding its value. There are only 2 reasons for this, more fiat is entering the system or traders are dumping altcoins to buy BTC to use to buy BCH.
The main answer to these many question is always the workings of the human nature: GREED! Politics flourished because we are all greedy at some level at one time...sometimes the problem is that we are all greedy all the time. And that is the big problem.
This problem of Bitcoin could have been solved if there is really a will to solved it and if there is that genuine concern for the whole community but alas everyone is working for his own interest.
No wonder many can be thinking that it would have been better if Nakamoto (whoever he.she is) is really around so he can provide the much needed leadership as sometimes Bitcoin is like a headless chicken running around in circles.
This problem of Bitcoin could have been solved if there is really a will to solved it and if there is that genuine concern for the whole community but alas everyone is working for his own interest.
No wonder many can be thinking that it would have been better if Nakamoto (whoever he.she is) is really around so he can provide the much needed leadership as sometimes Bitcoin is like a headless chicken running around in circles.
We know that Satoshi Nakamoto created bitcoin, and what his ideas on the development of this crypto currency were known only in general terms. Bitkgin is called according to the laws of the market and the will of the community. While he did not depart from the idea of Satoshi. Let's hope that this will continue. The BCC created is an altcoyin and has no relation to bitcoin.
would you stop with this Satoshi's idea and Satoshi vision stuff already!
Satoshi created a decentralized peer to peer currency. and that currency called bitcoin is bitcoin as long as the majority of this decentralized ledger accept it. and if they accept a change that becomes the new bitcoin and if they don't, that change becomes an altcion. there are already about a thousand different altcoins out there!
and besides bitcoin that we are using now is nothing like the bitcoin Satoshi created. you think he created multisig! or the compressed private keys! or a lot of other things!!! no and you don't know it because all these forks happened without anybody even noticing since no one was being a dick to prevent and try to take over bitcoin.
Satoshi created a decentralized peer to peer currency. and that currency called bitcoin is bitcoin as long as the majority of this decentralized ledger accept it. and if they accept a change that becomes the new bitcoin and if they don't, that change becomes an altcion. there are already about a thousand different altcoins out there!
and besides bitcoin that we are using now is nothing like the bitcoin Satoshi created. you think he created multisig! or the compressed private keys! or a lot of other things!!! no and you don't know it because all these forks happened without anybody even noticing since no one was being a dick to prevent and try to take over bitcoin.
Eventually, either one of these coins (BTC or BCH) will establish itself as the market leader, and claim the top spot in the market capitalization. But it is not all bad news. Before the split, the BTC exchange rate was 1BTC = $2,800. Now the combined (1BTC + 1BCH) exchange rates are around $3,300. It is all gain for holders of BTC/BCH.
There is only bitcoin and bitcoin cash, everything else is just ideas that are being proposed and bitcoin works on consensus which is exactly Satoshi Nakamkoto's idea.
Anyway what is important is not to preserve a bitcoin in Satoshi's image, it is to make a bitcoin that works for us otherwise we are just centralizing on his ideas rather than using what works.
Anyway what is important is not to preserve a bitcoin in Satoshi's image, it is to make a bitcoin that works for us otherwise we are just centralizing on his ideas rather than using what works.
You mean BSegwit and BCash, one is leading Bitcoin to the path of settlement layer, and the other is leading Bitcoin to remain on Satoshi's path of p2p electronic cash
More forks more money.
I had 34 BTC and after fork i have 34 btc + 34 bcc. which one is good?
I had 34 BTC and after fork i have 34 btc + 34 bcc. which one is good?
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