Topic: So why is bitcoin cash a shitcoin? (Read 244 times)

roger is greedy. we are all greedy. but i think roger believes really in bch.
i hold btc and bch. i believe in LN but i dont know how long it takes to be adopted

Yeah, maybe you are right. Bitcoin cash is not a shit coin, there are many investors now starting to invest here, maybe those people who are saying that bitcoin cash is a shit coin those are the ones I think who have some other coins that they wanted people to invested in too so their invested will also grow.

I don't thing bitcoin cash is a shit coin , only time will tell which one is the best between BTC  and its 'sons' .
I never mind holding many kinds of fork coins like BCC, after all , they are free if you have some BTC .

Because the people knows what are the agenda of its founder the greedy roger ver wants to over rule the cryptocurrency marketplace,thats why people dont really invest in this coin for long term.

I simply don't like the idea of bigger blocks. It's an obviously planned way of centralizing this coin.

Because the people behind this coin is from the developer of BTC itself the only reason why people doesnt care with this coin is because its founder is a madman a greedy person a lot of manipulation from the their team to force BTC hodlers to switch to BCash.

i think are not part of the original DEV team though where bch does have the team of BTC behind it.
its a new project of the same people.I wish people would sell their BTC and buy bitcoin cash to lower the price of bitcoin so I can acquire more.

I don't think that it's a shitcoin. There are more than 1000 cryptocurrencies in the world. Those that are in top-50 list by market capitalization are decent coins for me. Others can be called shitcoins. Bitcoin Cash is in top-10 crypto as I know, so it's a decent coin.

it comes from a long and endless discussion about scaling bitcoin.

and here is the problem: in order to scale bitcoin and be able to handle a large number of transactions (real large not just 3 transaction per second or 5 or 10 tps) you can not do it with only increasing the block size.

what bitcoin cash is based on, is that scaling must be on chain and you should increase the block size in order to achieve that. well this may sound ok to you  right now but what if 8 MB blocks become full? increase again? right now it can handle about 20 tps. it is nowhere near enough. and you can not keep increasing the block size. there are a lot of issues caused by that.

to do something about scaling you need to do something else. something like a decentralized and trustless second layer solution. Lightning Network seems to be doing that as far as i can tell. and it has the potential to scale bitcoin to a lot more than 20 tps, 100 tps, 10000 tps!

now the issue with bitcoin and bitcoin cash is that bitcoin needed a scaling solution FAST about 6 months ago but we could implement a SLOW scaling solution called SegWit which needs to be adopted to solve the issue for now until the LN is ready. but BCH did the FAST implementation and increased the block size and also it never had that many transactions to want a serious solution.
this is why people think BCH is better than bitcoin sometimes. but the fact is, as i explained above, the block size increase was a temporary band-aid which will fail soon if the number of transactions on BCH increases.

Well i'm also having hard time to understand people who keep talking only bad things about bitcoin cash. Bitcoin cash one way or another managed to stay on the markets while most of the community claimed it will vanish. It is also 3rd coin with the most market cap. I am sure even the people who talks bad about bitcoin cash are making transactions .

All alts are being called shitcoins,i agreed roger ver is just using his coin BCash to get more BTC,they are manipulating the price of his coin for his sake.

The only lack of Bitcoin Cash is overcoming rates of growth. Telling the truth this is the problem of Bitcoin also. After high rise it falling away provoking panic of the users. We are seeing this now.

So many bitcoin fudders in there that spread bullshit anytime. that garbage coin has driven by a lot of politicians just like roger, jihan and another. As you can see how they are all trying to do a lot of efforts to destroy the bitcoin and replace it with garbage cash coin.

haha, true! But its future material and one of them will become mainstream some day!

Both are not been consider to good currency. We all knows that BCH has potential but it troubles the bitcoin price and miners who is mining bitcoins also moves to BCH side. Last month end also BCH affects the bitcoins price.
We may expect the more bumps once the value of BCH has been settled. Since it is splittes there is no wallet given the reward as they mentioned. That is also a trouble for me in Coinbase.

i think bitcoin cash is in its development phase. at the end we can tell is it a shit coin or not. but as its is from the developer of bitcoin's, i think it will be a good one for the future.

all coins are shit coins.  There is nothing backing them.  The only reason they rise is because people buy them

Maybe most of people knows roger ver and his bcash team is manipulating the market well,they knew about the pumps and dumps of the founder's team its a well crafted scam for others this is why i chose to stay away from it and stick with the real BTC.

BCash has a role: to pursue the "onchain scaling roadmap" and also do it without segwit, which is criticized as some people as a "disaster waiting to happen".

Compared to other forks, BCash is an hostile one since it competes for the same cake (sha256 hashrate) and im not sure if the game theory in here would allow both to survive long term, and also just claims to "be the real bitcoin". You don't need to be genius to know it isn't tho, it's a different network, different consensus rules and a different blockchain, therefore not real bitcoin.

We'll see what happens. Have a bag of it just in case, Ver and co will keep pumping it on every difficulty readjustment on BTC + bribing mainstream news to pump it could bring nice profits.

It's true, today lot of people are using a well known names to throw some unnecessary or even nasty things to the market. A new coin should bring new ideas or develop the old ones to be useful.