Topic: To save bitcoin - stop buying bitcoin cash (Read 25558 times)
I don't support bch but it ain't the reason for dump as many believe in the shit , and panic to sell which is an opportunity for great mind people to come in and enjoy the price hike , as we can see now the price as come up now and Stoll going to blow soon again but who never loss will not gain is for those who sell forget that those that bought are also human .
Bitcoin will still be the best coin and have a vast market. So I'm not worried about bitcoin cash.
Bitcoin has its supporters and I am sure that many people use Bitcoin as their main currency in the digital world.
So Bitcoin cash is not an obstacle because Bitcoin has the power of hundreds of times better and has support that is thousands of times better than bitcoin cash.
Bitcoin has its supporters and I am sure that many people use Bitcoin as their main currency in the digital world.
So Bitcoin cash is not an obstacle because Bitcoin has the power of hundreds of times better and has support that is thousands of times better than bitcoin cash.
Agree with you.BTC is the best decision because of its instant Stock quotes growth and capitalization increase. By the way Monfex stated that the price is starting to consolidate near the $11,800 mark.The fast EMA (200) is starting to make a sideways move, but still showing momentum for Bitcoin .
What do you guys think about that ?
Why single out BCH? Why not Ethereum, Ripple or Litecoin? Right now Bitcoin dominance is around 56% and the remaining 44% is composed of various altcoins, including Bitcoin Cash. Every one of these altcoins have poached on the users of Bitcoin. But at the same time, we should remember that despite many of these coins being technologically advanced and supported by big names, they have been unable to dislodge Bitcoin from the top position. And in the near future also, this situation is likely to continue.
I don't think that a lot of the users here have purchased BCH from the exchanges. I received a significant amount of BCH in 2017 after the hard fork, as I was holding BTC in my Blockchain.info wallet. I haven't sold any of these coins, and they are staying there for the past 2 years. And this is the advantage for BCH. A lot of people own BCH, and this includes those who hate this coin.
And in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
well, I also feel that BCH will not really affect bitcoin. that the quality of bitcoin is still very much better. but, however, BCH is indeed quite good as a trading tool because the price is truly unstable. but, I think people's interest in bch will not reduce the quality of bitcoinAnd in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
Yeah, now BCH to BTC is what LTC was to the latter before
In this way, Bitcoin Cash doesn't take so much from the regular Bitcoin, which people mostly use as a store of value as well as a long-term investment (I mean both the unbanked ones and typical investing folks), as it takes from Litecoin. But as there is always a silver lining to anything, we can now use Litecoin (as before) and Bitcoin Cash all along as assets instrumental for profitable speculation (while holding tight our real bitcoins)
It was free to create segwit. but u've to tell Clients / Investors that it's different now from the White Paper tho and not original bitcoin any more.
I don't think that a lot of the users here have purchased BCH from the exchanges. I received a significant amount of BCH in 2017 after the hard fork, as I was holding BTC in my Blockchain.info wallet. I haven't sold any of these coins, and they are staying there for the past 2 years. And this is the advantage for BCH. A lot of people own BCH, and this includes those who hate this coin.
And in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
well, I also feel that BCH will not really affect bitcoin. that the quality of bitcoin is still very much better. but, however, BCH is indeed quite good as a trading tool because the price is truly unstable. but, I think people's interest in bch will not reduce the quality of bitcoinAnd in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
Yeah, now BCH to BTC is what LTC was to the latter before
In this way, Bitcoin Cash doesn't take so much from the regular Bitcoin, which people mostly use as a store of value as well as a long-term investment (I mean both the unbanked ones and typical investing folks), as it takes from Litecoin. But as there is always a silver lining to anything, we can now use Litecoin (as before) and Bitcoin Cash all along as assets instrumental for profitable speculation (while holding tight our real bitcoins)
Now, they do depend on Bitcoin. I do not think that if we invest much in Bitcoin cash, we ruin Bitcoin. BTC is a powerful cryptocurrency which regulates their prices. However, the idea to invest in BTC more is good.
The position of BTC cannot be so far undermined by any cryptocurrency. And I fully agree - investing in BTC is making whole crypto industry healthier.
And reputation of BTC is what makes it superior.
This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
But doesn't BSV and BCH remove the pressure off bitcoin?? Remember these altcoins were born from bitcoins problems which were coupled with high transaction fees and long waiting times for TXs to confirm.Failure to act will cause more similar situations in the future
Now, they do depend on Bitcoin. I do not think that if we invest much in Bitcoin cash, we ruin Bitcoin. BTC is a powerful cryptocurrency which regulates their prices. However, the idea to invest in BTC more is good.
Bitcoin will still be the best coin and have a vast market. So I'm not worried about bitcoin cash.
Bitcoin has its supporters and I am sure that many people use Bitcoin as their main currency in the digital world.
So Bitcoin cash is not an obstacle because Bitcoin has the power of hundreds of times better and has support that is thousands of times better than bitcoin cash.
That is absolutely right, bitcoin cash is not a treat for bitcoin or even other altcoin. Generaly people buy altcoin for their investment which meant that the safe point is bitcoin or fiat. Even the best altcoin (ETH) is only a tool for people who want to send their token, ETH will not survive without it's token. Bitcoin cash will not survive without investors who invest in it and hope that bitcoin cash price is rise in btc-bch pair, bitcoin is much more better than bitcoin cash. Bitcoin has its supporters and I am sure that many people use Bitcoin as their main currency in the digital world.
So Bitcoin cash is not an obstacle because Bitcoin has the power of hundreds of times better and has support that is thousands of times better than bitcoin cash.
I don't think that a lot of the users here have purchased BCH from the exchanges. I received a significant amount of BCH in 2017 after the hard fork, as I was holding BTC in my Blockchain.info wallet. I haven't sold any of these coins, and they are staying there for the past 2 years. And this is the advantage for BCH. A lot of people own BCH, and this includes those who hate this coin.
And in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
well, I also feel that BCH will not really affect bitcoin. that the quality of bitcoin is still very much better. but, however, BCH is indeed quite good as a trading tool because the price is truly unstable. but, I think people's interest in bch will not reduce the quality of bitcoinAnd in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
Yeah, now BCH to BTC is what LTC was to the latter before
In this way, Bitcoin Cash doesn't take so much from the regular Bitcoin, which people mostly use as a store of value as well as a long-term investment (I mean both the unbanked ones and typical investing folks), as it takes from Litecoin. But as there is always a silver lining to anything, we can now use Litecoin (as before) and Bitcoin Cash all along as assets instrumental for profitable speculation (while holding tight our real bitcoins)
Bitcoin will still be the best coin and have a vast market. So I'm not worried about bitcoin cash.
Bitcoin has its supporters and I am sure that many people use Bitcoin as their main currency in the digital world.
So Bitcoin cash is not an obstacle because Bitcoin has the power of hundreds of times better and has support that is thousands of times better than bitcoin cash.
Bitcoin has its supporters and I am sure that many people use Bitcoin as their main currency in the digital world.
So Bitcoin cash is not an obstacle because Bitcoin has the power of hundreds of times better and has support that is thousands of times better than bitcoin cash.
Comparing Bitcoin with Bitcoin cash is manipulating the market and therefore both of them suffering, pulling Bitcoin cash back will hardly affect the Bitcoin and people will still invest in it for some of the other reasons.
I don't think that a lot of the users here have purchased BCH from the exchanges. I received a significant amount of BCH in 2017 after the hard fork, as I was holding BTC in my Blockchain.info wallet. I haven't sold any of these coins, and they are staying there for the past 2 years. And this is the advantage for BCH. A lot of people own BCH, and this includes those who hate this coin.
And in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
well, I also feel that BCH will not really affect bitcoin. that the quality of bitcoin is still very much better. but, however, BCH is indeed quite good as a trading tool because the price is truly unstable. but, I think people's interest in bch will not reduce the quality of bitcoin. And in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
I don't think that a lot of the users here have purchased BCH from the exchanges. I received a significant amount of BCH in 2017 after the hard fork, as I was holding BTC in my Blockchain.info wallet. I haven't sold any of these coins, and they are staying there for the past 2 years. And this is the advantage for BCH. A lot of people own BCH, and this includes those who hate this coin.
And in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
And in case BCH becomes worthless suddenly, then all of us will be left heart-broken.
I also think that some money was distributed on other altcoins on market and not on bitcoin, but also is true that a lot of bitcoin was selled and people cashout money, either because of need of money either because they make profit or lose patience.
People need money to sustain their daily living so we want prevent that to happen in every instances mate. Selling bitcoins is a part of a normal trend which we're going to experience day by day, and we can stop those traders who still buy bitcoin cash. The economy will still circulate even though bitcoin was still going to decline during volatility.
Can't stop laughing because of this post buddy. Buying Bitcoin cash rather than BTC to me think can't change anything about BTC. Now BTC has widely been accepted more than Bitcoin Cash and it's a must that it can never surpass its price or anything about it. All we have to do is to stay focused on our mother coin and accumulate more of it and that's all....
I guess the reason why bitcoin failed to ascend last year is because of the alternative coins that increased simultaneously with the bitcoin last 2017. Diversifying is what the investors sees as another opportunity of profiting not just only with bitcoin, on 2017 alongside with bitcoin lots of altcoin rose up. Therefore not buying BCH will save the bitcoin from decline but the adaption from the real world.
That could be a big reason why bitcoin is not getting so much attention recently, because there are some many altcoins available on the market and some of them seem to grow even when the market is red or in stagnation mod. Investors have dozens of options to choose from and some of them choose altcoins because they are cheaper and can get them a faster profit.
Do you really think that bitcoin money can somehow influence bitcoin? I just hope it will be a dream come true next year. 
I also think that some money was distributed on other altcoins on market and not on bitcoin, but also is true that a lot of bitcoin was selled and people cashout money, either because of need of money either because they make profit or lose patience.
This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
Although this is an old post, I would say this school of thought is rather naive.. Each currency in the crypto market work independently of each other.. People should be allowed to invest in whatever they wish and lastly I believe there is room for both btc, bch and bsv in the crypto space.. Let's stop the bad mouthing.. Failure to act will cause more similar situations in the future
hash wars don't happen because of people paying attention to shitcoins like these two. hashwars happen when they pull the hashrate they own from bitcoin and put it elsewhere. and also it intensifies when they pump that shitcoin so that it creates incentive for miners to switch.
you can't prevent them from pumping their altcoin, the whole altcoin market survives on pump and dumps anyways. it just happens that pump of bitcoin forks have additional damages.
you can't prevent them from pumping their altcoin, the whole altcoin market survives on pump and dumps anyways. it just happens that pump of bitcoin forks have additional damages.
I agree. The thing that so many people fail to understand is that pulling away hash power from Bitcoin is detrimental to the entire cryptocurrency market in the short term as well as the long term and the current Bitcoin cash debacle is the perfect example to demonstrate this particular problem.
I don't get why people fail to realize that Bitcoin cash suffers from heavier manipulation when compared to Bitcoin or any other altcoin for that matter, but people still continue to invest in it for some or another reason.
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