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Topic: Why Bcash will die in 2018 and Bitcoin will be even more valuable - page 2. (Read 889 times)

member
Activity: 308
Merit: 10
if the bitcoin cash sir this year 2018i think the bitcoin will boom, because many users of bitcoin cash will turn their investments to bitcoin and start buying more bitcoin and when its happened the price of bitcoin will increase.
hero member
Activity: 644
Merit: 500
Neither one of them will die in 2018. As much as we hate BCH, it will still continue and live in 2018. For me, it will make another move to create FUD and try to take some investors on bitcoin to shift on their favor. But I don't think that a wise investors will just do that because of the problems we are currently facing.

And for Bitcoin, it will remain the no. 1 on the crypto list and the most investment portfolio pushing the price to another heights. But it will take some time because of the high tx fees and slow confirmations that we are experiencing right now.
That's right even how people say that bch will die it won't happen just like how eth did before, as long as crypto supporters are willing to take the
risk both coins will continue and they will bring more impact, better to keep investing while the value is down and wait for it turned to move back
again and rise high.
sr. member
Activity: 458
Merit: 262
Bitcoin Cash has a purpose. It will not die as long as that purpose exists. I just checked the number of unconfirmed transactions in Blockchain. It is around 172,000. The minimum fee required for instant confirmation is 540 Sat/Byte, which is still quite high. Therefore the existence of BCH is justified.
legendary
Activity: 2576
Merit: 1655
Neither one of them will die in 2018. As much as we hate BCH, it will still continue and live in 2018. For me, it will make another move to create FUD and try to take some investors on bitcoin to shift on their favor. But I don't think that a wise investors will just do that because of the problems we are currently facing.

And for Bitcoin, it will remain the no. 1 on the crypto list and the most investment portfolio pushing the price to another heights. But it will take some time because of the high tx fees and slow confirmations that we are experiencing right now.
member
Activity: 179
Merit: 16
Why has it got to be "either/or", why can't they co-exist?

Let me make it clear. I don't 'want' bcash to die but they have nothing else going for them. They cloned an altcoin with the express intent to FUD and attack Bitcoin. Their only spiel is "we have low fee transactions", which every single altcoin out there does. None of them have a network to speak of.

Until Lightning gets launched, they are going to keep rinsing and repeating the dose of attacking the network with spam transactions, manipulating hashrate around difficulty retarget periods and highlighting the mempool.

All of that notwishstanding, simple question. Why do we even need a centralized blockchain anyway?

OK. I understand what you are saying. Actually I am thinking the same about BCH problems in the future if they reach Bitcoin's adoption. And for long years I have been a believer in bitcoin but today I am just waiting the second day for a transaction with a nice multidollar fee, so I am losing some nerve.

So please answer those two questions and put me at ease:
1) when is the LN going to be fully operational?
2) I have read, that in order to use LN you have to open and then close the LN channel, which takes the regular tx fee. Is it true? If it is true, than you are going to pay even more in fees than you are paying today, not less.

If you can answer those questions sensibly I am buying what you are saying.


LN is already being phased in by some payment providers. Opening a channel is a regular transaction but it's only a one-time fee. That fee will go down drastically once all exchanges adopt SegWit, as the mempool will clear up.

You can pay multiple parties over a period of time through a channel, which means once a channel is open you can even pay people 1 satoshi through the channel with ZERO fee. It's a virtuous cycle, as more and more people use LN, the mempool will have few unconfirmed transactions and therefore, even the fee to open and close channels will be very minimal.
sr. member
Activity: 601
Merit: 256
Under the current circumstances, it doesn't looks like Bitcoin Cash will die anytime soon. There is a lot of demand for BCH right now, especially in South Korea (perhaps by the Chinese investors). And the reasons are there for everyone to see. Just check this, and you will understand:

https://blockchain.info/unconfirmed-transactions
member
Activity: 105
Merit: 10
Why has it got to be "either/or", why can't they co-exist?

Let me make it clear. I don't 'want' bcash to die but they have nothing else going for them. They cloned an altcoin with the express intent to FUD and attack Bitcoin. Their only spiel is "we have low fee transactions", which every single altcoin out there does. None of them have a network to speak of.

Until Lightning gets launched, they are going to keep rinsing and repeating the dose of attacking the network with spam transactions, manipulating hashrate around difficulty retarget periods and highlighting the mempool.

All of that notwishstanding, simple question. Why do we even need a centralized blockchain anyway?

OK. I understand what you are saying. Actually I am thinking the same about BCH problems in the future if they reach Bitcoin's adoption. And for long years I have been a believer in bitcoin but today I am just waiting the second day for a transaction with a nice multidollar fee, so I am losing some nerve.

So please answer those two questions and put me at ease:
1) when is the LN going to be fully operational?
2) I have read, that in order to use LN you have to open and then close the LN channel, which takes the regular tx fee. Is it true? If it is true, than you are going to pay even more in fees than you are paying today, not less.

If you can answer those questions sensibly I am buying what you are saying.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
bitcoin cash is not going to die just because it is shit (by definition or just opinion). if that happens then 90% of the altcoins need to die also because they too are shit. altcoins are for speculation and money-making and that will keep them alive even with 0 usage.

in case of bitcoin cash it has been acting like a parasite to be honest and parasites don't go away as long as the host they are feeding of is not strong. and at this point with the huge backlog bitcoin is not at its strongest position. and that opens way for all these altcoins including BCH to feed.
member
Activity: 308
Merit: 30
I think it will die because of bitcoin increase, and many of the user of bitcoin cash will switch to bitcoin for the high profit.
legendary
Activity: 1946
Merit: 1007
Not either of them will die off. They will coexcist like many other coins do.

The ratio between them may be subject to some change, but if shit altcoins can gain hundreds of millions of market cap on air, bitcoin cash will keep its billions of cap as well.
jr. member
Activity: 32
Merit: 4
centralized will make bitcoincash weak and have dark future.
BCH can be used and accepted by government because that reason.
like you say bitcoin will be even more valuable
full member
Activity: 2142
Merit: 183
Say whatever you want, but Bitcoin Cash is here to stay. The Core has ignored the scaling issues for so long, and even sabotaged attempts to resolve it (such as SegWit2X and Lightning network). A few days back, the transaction fee needed for instant confirmation was close to 1,200 Sat/Byte. You will not achieve anything by spreading FUD about BCH. A better option would be to concentrate on the issues facing BTC right now.
I also believe that the developers of the original bitcoin almost deliberately ignore bitcoin scaling problems and, as a consequence, its problems with transactions. In me, it's already been the seventh day that a transaction of 0.0175 bitcoins has not passed. Is it a praised bitcoin? And why would anyone need it? These defects are just stripped of cash in cash.
full member
Activity: 1210
Merit: 100
First, I am afraid your statements are propaganda, and discriminate against others. Perhaps more accurately the answer is, let the time answer it. as long as BCH can still be enjoyed by users, then BCH will not die.
full member
Activity: 448
Merit: 102
I doubt it will happen, because to this day BCH higher price. maybe such a theory will happen and make sense, but in fact many people can argue that BCH will be a rival of BTC.
full member
Activity: 798
Merit: 104
I think so. Bitcoin is becoming more valuable in this coming year and it will be a factor affecting tool in the money market. Day by day the market volume is getting bigger and bigger so that the amount of money also gathering at a massive level.

In that sense, Bitcoin market is becoming a large market that is going to be a fact for the capital world. Though the money is the all in all in this world so that Bitcoin will dominate in the coming future and it will be a great platform for investing and saving purpose. Not only that but also it's becoming a threat for other conventional monetary systems.

You have a point in your opinion but since bitcoin price are volatility we cannot sure if the price will go up or down in the future the crypto market are so big every single day the volume are increase.
However theres a lot of prediction that this year most altcoin will not survive and the price of bitcoin will go up and up.
I dont see bcash will die ether I see this altcoin will pump up again like bitcoin.
hero member
Activity: 826
Merit: 529
I think so. Bitcoin is becoming more valuable in this coming year and it will be a factor affecting tool in the money market. Day by day the market volume is getting bigger and bigger so that the amount of money also gathering at a massive level.

In that sense, Bitcoin market is becoming a large market that is going to be a fact for the capital world. Though the money is the all in all in this world so that Bitcoin will dominate in the coming future and it will be a great platform for investing and saving purpose. Not only that but also it's becoming a threat for other conventional monetary systems.
jr. member
Activity: 126
Merit: 2
With all the major payment processors adopting Bitcoin-Cash in 2018, I think you will be incredible wrong.

I for one, can't wait to start using my Bitpay card again. I have not used the thing in over a year because of how ludicrous the transaction fees for Bitcoin have become.

Bitcoin-Cash revitalizes the true Bitcoin function in my mind. Being able to spread the (Original) Philosophy, and efficiency to retailers when using a Bitpay card is a very powerful tool for adoption.

I mean it's like he said, Bcash puts a band aid on the problem kicking the scaling problems can down the road. In exchange for this band aid you trade off decentralization which was the whole purpose of bitcoin.
full member
Activity: 238
Merit: 102
1st of May
Since coinbase it is 4.5 to 1
That's due to insider trading otherwise there would be no chance of such price.

I would tell you that due to that same coinbase,BCH price would crash in january.Coinbase has announced that free BCH coins would be issued during january to all those who held their bitcoins during the hard fork.So,huge volume of free BCH would be dumped at the same time which would crash BCH price.

So,whoever wish to drive on BCH better sell their coins before coinbase's issue of free coins.I hope it may also be the end of BCH.

I dont know what will happen in the future. Crash or not of any altcoin will be amswered by time itself.
However, i dont really like forking altcoin so if bch die then its not problem for me. Amd in this case, i think better to sell your bch soon because so many bad news about bch recently.
hero member
Activity: 966
Merit: 535
I don't think bcash will become useless or not used often. Lesser altcoins are still around and surviving so I don't see why bcash wouldn't survive as well. It works well and is quick. Many places are now accepting it, well mostly gambling places but it's a start.

With all the major payment processors adopting Bitcoin-Cash in 2018, I think you will be incredible wrong.

I for one, can't wait to start using my Bitpay card again. I have not used the thing in over a year because of how ludicrous the transaction fees for Bitcoin have become.

Bitcoin-Cash revitalizes the true Bitcoin function in my mind. Being able to spread the (Original) Philosophy, and efficiency to retailers when using a Bitpay card is a very powerful tool for adoption.


I think majot places that accept bitcoin will accept maybe 5 or so currencies. So like eth doge ltc bcash btg and the rest.
sr. member
Activity: 545
Merit: 251
ASK
With all the major payment processors adopting Bitcoin-Cash in 2018, I think you will be incredible wrong.

I for one, can't wait to start using my Bitpay card again. I have not used the thing in over a year because of how ludicrous the transaction fees for Bitcoin have become.

Bitcoin-Cash revitalizes the true Bitcoin function in my mind. Being able to spread the (Original) Philosophy, and efficiency to retailers when using a Bitpay card is a very powerful tool for adoption.
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