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Topic: What's good about BCH? (Read 353 times)

member
Activity: 238
Merit: 17
Sovryn - Brings DeFi to Bitcoin
November 27, 2020, 01:46:20 AM
#38
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
BCH has a better real use case that works, few third party payment solutions have add BCH to their system for easy payment and it works very well, BCH was build from the ground up to work as a digital payment gateway so that's a very good utility that many new projects still can't get up running till this day
sr. member
Activity: 2660
Merit: 339
November 27, 2020, 01:17:08 AM
#37
I suggest you visit Bitcoin cash website and read it, bitcoin cash has an extraordinary vision and mission, I am sure bitcoin cash will be more developed than other coins, there are still many communities that support bitcoin cash, as you know even though the community has split into Bitcoin SV and also yesterday Bitcoin cash node but bitcoin cash still has a lot of enthusiasts today.
I don't know the technical aspects and their goals but as an investor and a trader I always like BCH because firstly, I got some coins for free when the fork happened and BCH were distributed and second, the price has never done too bad and it felt to me like it will die when price was really low in 2018 but it is doing good again so yeah I like it.

Is the Good Pricing not enough reason to be considerd why SEBA or even other banks accepts it? I mean, bch is not as bad as what you think. Yeah! It may lack important features which can a coin posses for real time applications but it is currently Rank 5 in the market. Which means many people are investing into it thus will benefit their bank in the future if they'll adopt this thing. When it comes to business aspect, it was a nice move Cheesy.
Yes and given it was a forked coin, I believe it has done pretty well because I cannot think of a coin that was forked and has done better than BCH so I do believe in BCH and although not an expert in analyzing technical aspects but the price keeps me faithful.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
November 26, 2020, 09:08:49 AM
#36
I believe that BCH is a great Bitcoin or crypto alternative to invest in, especially if BCH has many proven benefits such as fast transactions and low transaction fee,
BCH has a very close relationship with Bitcoin, in such a way that between BCH and BTC there is no big difference at all between the two, this is why many people think if Bitcoin is bearish, it is likely that bearish will also occur at BCH price, as well conversely if the price of Bitcoin is bullrun then Bitcoin Cash will be one of the firsts altcoins to experience a bullrun, considering that BCH is one of the biggest competitors to Bitcoin.
jr. member
Activity: 644
Merit: 1
https://blockmembers.io/
November 26, 2020, 08:27:42 AM
#35
Accepting Bitcoin Cash has not to do whether are the best or not. It depends on the marketing team of the BCH that conceived the bank. Marketing department of company go a long way in determined how far that product can go.
full member
Activity: 630
Merit: 102
November 26, 2020, 03:21:21 AM
#34
Honestly, when this coin appeared I wasn't the least bit interested in holding this coin, even to invest in BCH coin I didn't really believe it, it's not my intention to disdain this coin, but there are coins that are better growing than BCH coins, that's why I'm more interested in holding ETH rather than BCH, I am more interested in seeing coins and tokens that have fast growth and have a system that works well in the future growth of these coins ..
hero member
Activity: 1834
Merit: 566
November 26, 2020, 02:30:22 AM
#33
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
BCH is faster and gas fee is cheaper,
These are the only good about BCH, it even experience the worse situations than Bitcoin if it have the same traffic which Bitcoin had and not mentioned the FUD from the government which i believe will kill the existence of the coin.

it's also created to become a digital global money that requires no trusted third parties and no central bank, it doesn't depends on monetary middlemen like banks, presently in some areas in asia BCH is very popular and people are already using BCH as means of payment
Then I believe you are among the people that believes in Roger lies and hype of making investors invest in the BCH. For record it not always about TPS and if it was Bitcoin would have lose it number 1 spot on CMC.
full member
Activity: 812
Merit: 120
https://combonetwork.io/
November 25, 2020, 10:21:53 PM
#32
For me bch is just a failed clone, this altcoin relies too much on hype not on real uses, better go straight to btc if investing than bch and its branch altcoins.
sr. member
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
November 25, 2020, 09:50:16 PM
#31
Transaction most faster by using BCH but I think have little bad from BCH coin because could dump when hardfork coming, look last hardfork when BCH give both coin BCHA and BCHN but make BCH back to lower price, maybe if BCH keep the same with other coin without have hardfork will make BCH the most expensive altcoin right now where BCH ever reach to higher price last two year and above $5000, but now how come BCH could dump and I think hardfork is the big mistake with BCH price dump. Just little suggestion BCH is good adopting as payment transaction but could make price is stable to get out from investor loss much money when using BCH as payment currency with faster transaction sending.
member
Activity: 845
Merit: 52
November 25, 2020, 07:27:07 PM
#30
The transaction there are fast, I feel this is due to lack of good volume of transactions when compared to bitcoin and ethereum network usage. I really don't need bitcoin cash except for profit taking and any upcoming forks which it's known for, I have a better choice of investment. BCH was once more valuable than Ethereum but it's a different case today.
hero member
Activity: 1246
Merit: 502
November 25, 2020, 04:31:51 PM
#29
The different thing about bch and bitcoin is only the block size. Bch is the forked from bitcoin because some people though that bitcoin block size is too small and make bitcoin transaction too slow. Bch have a bigger block size then bitcoin to solve the transaction speed. CMIIW
full member
Activity: 924
Merit: 221
November 24, 2020, 07:30:51 AM
#28
Even though I don't want to admit it, in the future there will probably be a place of BCH as they are working really hard to increase user and merchant adoption in some areas of the world, which is what they are sorely lacking when compared to BTC. I also believe BCH is currently overpriced but stands a strong chance of increasing if this bull market continues to take off, so I won't be betting against it.
I do not know if BCH will be doing good after they had made a fork which it separate into two the bitcoin SV AND BCH. This was remarkable worst thing that happen to BCH. I was also one of those who get upset with it when its market price was good before that reaches to 1K$. Actually, I just thought that it could be next to bitcoin but it was not.  This made me believe that bitcoin is the best coin and the main crypto good for investment instead if altcoins. Altcoins could also do good but in the sense of short term hold subject for trading and just be a good buy when market is bad or cheaper market because it could be pump up and even doubled its market price in just a short period of time.
sr. member
Activity: 2100
Merit: 309
November 24, 2020, 06:59:55 AM
#27
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
BCH is faster and gas fee is cheaper, it's also created to become a digital global money that requires no trusted third parties and no central bank, it doesn't depends on monetary middlemen like banks, presently in some areas in asia BCH is very popular and people are already using BCH as means of payment
How much BCH fee when transaction? I never use BCH any more for sending to other wallet just trade only and waiting with my reward credit last snapshot when BCH hardfork then getting new coin. But positive news if BCH accepted in bank payment and have any option how to make BCH become long term investment with potential to higher price, but little worry with BCH if each year have hardfork with potential to make coin price down and see what happen last week after BCH hardfork, price is dump although right now back again to higher price.
member
Activity: 252
Merit: 11
November 24, 2020, 01:03:14 AM
#26
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
BCH is faster and gas fee is cheaper, it's also created to become a digital global money that requires no trusted third parties and no central bank, it doesn't depends on monetary middlemen like banks, presently in some areas in asia BCH is very popular and people are already using BCH as means of payment
legendary
Activity: 3010
Merit: 8114
November 24, 2020, 01:02:37 AM
#25
There's a great visualizer website that compares the network activity of BTC and BCH, presents blocks as busses with transactions as passengers waiting to board the bus. Both busses come approximately once every 10 minutes, yet there's always a huge line of people waiting to get on the BTC bus.



What BCH proponents want you to think is "Oh, the BCH bus is clearly more efficient -- no time waiting in lines, just wait for the bus to arrive, get on, and leave."

BUT

The question you have to ask yourself is, "Where are the BTC busses going that so many people all want to go there, and why does nobody want to go where the BCH bus is going?"

BTW, if you're interested in checking it out, the website I'm talking about is:

https://txstreet.com/old/  (the new one compares BTC vs. ETH).
member
Activity: 742
Merit: 42
November 24, 2020, 12:59:06 AM
#24
BCH is good which can handle more, cheap, and fast transactions in just a second period. And knowing that BCH is a cryptocurrency that fork originally from Bitcoin and it's becoming more adopted day by day in the industry. So we can assure that BCH is really good in its use cases.
legendary
Activity: 3010
Merit: 8114
November 24, 2020, 12:54:19 AM
#23
Even though I don't want to admit it, in the future there will probably be a place of BCH as they are working really hard to increase user and merchant adoption in some areas of the world, which is what they are sorely lacking when compared to BTC. I also believe BCH is currently overpriced but stands a strong chance of increasing if this bull market continues to take off, so I won't be betting against it.

member
Activity: 196
Merit: 12
November 24, 2020, 12:35:25 AM
#22
I know there are some BCH haters in this space but I'm not one of them, Roger the CEO of BCH is really trying to put BCH to work for it's main purpose of existence, BCH is a perfect solution for electronic cash system and few third-party payment solutions have implement BCH on their platform, for example Alchemypay

full member
Activity: 1232
Merit: 186
November 23, 2020, 11:42:33 PM
#21
Is the Good Pricing not enough reason to be considerd why SEBA or even other banks accepts it? I mean, bch is not as bad as what you think. Yeah! It may lack important features which can a coin posses for real time applications but it is currently Rank 5 in the market. Which means many people are investing into it thus will benefit their bank in the future if they'll adopt this thing. When it comes to business aspect, it was a nice move Cheesy.
sr. member
Activity: 1362
Merit: 258
Vave.com - Crypto Casino
November 23, 2020, 11:20:11 PM
#21
I suggest you visit Bitcoin cash website and read it, bitcoin cash has an extraordinary vision and mission, I am sure bitcoin cash will be more developed than other coins, there are still many communities that support bitcoin cash, as you know even though the community has split into Bitcoin SV and also yesterday Bitcoin cash node but bitcoin cash still has a lot of enthusiasts today.
sr. member
Activity: 602
Merit: 250
HEX: Longer pays better
November 23, 2020, 02:00:20 PM
#20
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
As the demand for Bitcoin is growing, block processing will also take time, in addition, the fee is also very high at the moment. So Bitcoin cash is also a perfect alternative when transaction fees are low and coin movement is also very fast.
In addition, Bitcoin Cash is still managed by a large company, so it will certainly be quite safe to become a payment coin in Switzerland. This is also quite understandable, as banks in Switzerland are huge and they are very important for the safety of the assets.
tyz
legendary
Activity: 3360
Merit: 1533
November 23, 2020, 01:54:20 PM
#19
I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash?

Simply put, it's a matter of belief. You can also ask someone what is good about your religion and what is bad about another religion and you get a very one-sided answer. Bitcoin Core and Bitcoin Cash have their advantages and disadvantages. In that case, the company seems to be banking on the benefits of BCH rather than BC.
sr. member
Activity: 644
Merit: 260
November 23, 2020, 01:16:02 PM
#18
great news for BCH fans, I am very happy with BCH...
fast transactions and also very cheap fees are the advantages of BCH. BCH is a refinement of Bitcoin and is very convenient to use as a transaction tool.

When you say refinement of Bitcoin, did you mean a modification to BTC? I agree partially because it's a fork of BTC with faster transaction speed, but still BTC remains unique, its truly decentralised hence there is no better refinement which serves as its replacement. I'm considering to buy some BCHA at this low prices, but not really made up my mind to do so.
member
Activity: 233
Merit: 10
November 23, 2020, 11:21:14 AM
#17
I believe that we need to create a decentralized currency specially created for banks and so on. Of course it's great that banks are starting to accept.
full member
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Buzz App - Spin wheel, farm rewards
November 23, 2020, 11:17:07 AM
#16
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
Perhaps the Swiss bank saw the transaction speed at BCH and had very low fees. Also, BCH prices tend to be more stable than BTC. So the SEBA bank in Switzerland believes that BCH is feasible as a digital payment tool. CMIIW
legendary
Activity: 3332
Merit: 3116
November 23, 2020, 10:58:57 AM
#15
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.

Bitcoin cash is a fork of bitcoin, they have the same roots but they work differently because BCH has bigger blocks, which means it can process more transactions in the same period of time.

Is wait to see BCH and not bitcoin in a service like that, but I think they did it this way because is cheaper to buy BCH than BTC.
mk4
legendary
Activity: 2870
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Paldo.io 🤖
November 23, 2020, 10:07:36 AM
#14
Right, it's less secure and less adopted but Swiss bank started to accept that. Maybe we don't know something? )

I mean, they're launching a crypto trading platform. They're going to add anything that people will trade as long as they can make money off the fees. It doesn't necessarily mean they like the project or anything like that. Even Arthur Hayes, BitMEX's founder, added XRP on their platform just because there's demand; even though he admits that it's a dumpster fire project. It's just business as usual.
hero member
Activity: 2282
Merit: 505
November 23, 2020, 09:34:26 AM
#13
BCH is a Roger Ver's project so basically it's his money, I'm not sure if I would trust my investment in BCH but it's still around and price is rising too.
How can you sure if BCH was his money but im sure if roger was holding a very big stash of BCH on his portfolios. BCH is only the fork coin that being issued caused by the political problem by ver.
This coin has only a better scalability rather than bitcoin. People were betting on BCH caused by the big name of ver.
full member
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November 23, 2020, 09:27:23 AM
#12
USDT is relatively easy to use, unaffected by significant price increases or decreases. so using USDC is attractive for the trading system
member
Activity: 490
Merit: 16
November 23, 2020, 09:06:12 AM
#11
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
Bitcoin Cash (BCH) has faster speed and cheaper transaction fee than bitcoin, BCH was build to become a peer to peer electronic cash system that plans to work as a global money with fast payment which gives BCH a upper than hand over it's brother (BTC), it's a better fit for payment like like Ripple (XRP)
sr. member
Activity: 2338
Merit: 365
November 23, 2020, 08:56:58 AM
#10
great news for BCH fans, I am very happy with BCH...
fast transactions and also very cheap fees are the advantages of BCH. BCH is a refinement of Bitcoin and is very convenient to use as a transaction tool.
full member
Activity: 369
Merit: 101
November 23, 2020, 07:22:08 AM
#9
Transactions are just faster(because almost no one is using it), and that's pretty much it. On the other hand, it's not decentralized, it's far less secure, far less adopted, far less developers working on the project, the list of downsides goes on and on and on..

This is what I was thinking too and I'm pretty sure that if many people will going to use it I don't think the transaction will be faster as what you expected it. I'm not just quite sure why it's not decentralized and less secure. I'm still not quite aware what is the downside of using BCH
hero member
Activity: 1876
Merit: 512
November 23, 2020, 06:51:31 AM
#8
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.

Most of these institutions entering the space and looking to offer their customers products and services are likely to go for top 20 crypto fist, whether is a good project or not. BCash has lost its argument with their recent fork and why do I need to use it fro transaction when there are other superior tech and even I can use Stable coins
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
November 23, 2020, 05:39:33 AM
#7
BCH is a Roger Ver's project so basically it's his money, I'm not sure if I would trust my investment in BCH but it's still around and price is rising too.
As of before, bitcoin cash blockchain is secure and safe, but the coin just forked into bitcoin cash node and bitcoin cash abc recently, but I think the bitcoin cash node which was the bitcoin cash of before still have strong blockchain, so your funds are secured. I see bch as just a shit coin to me, I will rather have my investment in bitcoin. I have seen bch not really taking part in the recent bull run.
BLU
newbie
Activity: 41
Merit: 0
November 23, 2020, 05:35:42 AM
#6

Right, it's less secure and less adopted but Swiss bank started to accept that. Maybe we don't know something? )

Transactions are just faster(because almost no one is using it), and that's pretty much it. On the other hand, it's not decentralized, it's far less secure, far less adopted, far less developers working on the project, the list of downsides goes on and on and on..
jr. member
Activity: 34
Merit: 1
November 23, 2020, 05:33:43 AM
#5
BCH is a Roger Ver's project so basically it's his money, I'm not sure if I would trust my investment in BCH but it's still around and price is rising too.
jr. member
Activity: 50
Merit: 1
November 23, 2020, 05:27:16 AM
#4
There are cheaper transfer fees for BCH, so making transactions in BCH saves you more money than using BTC.
sr. member
Activity: 1288
Merit: 305
yes
November 23, 2020, 04:38:38 AM
#3
Aside speed in transaction and it's centralised nature,  I would say they are not competitive as BTC and other cryptocurrencies. USDC is  a stable coin like USD.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
November 23, 2020, 04:30:18 AM
#2
Transactions are just faster(because almost no one is using it), and that's pretty much it. On the other hand, it's not decentralized, it's far less secure, far less adopted, far less developers working on the project, the list of downsides goes on and on and on..
BLU
newbie
Activity: 41
Merit: 0
November 23, 2020, 04:00:29 AM
#1
Swiss SEBA bank accepts Bitcoin Cash and USDC stable coin so the customers can use them. I understand what a stabe coin is for (even though there are many of them) but what is good about Bitcoin Cash? Some relative of Bitcoin.
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