Why do more and more people use bitcoin instead of classic bitcoin?

amishmanish

legendary

Activity: 1904

Merit: 1159

Its cute how people who were suckered in by BCash at ATH are now trying to create and live in their own reality..!!LOL

Quote from: franky1 on March 04, 2018, 08:50:43 PM

i feel that when it comes to merchant adoption.. both bitcoin and all its forks still have onchain issues...
i feel it will end up being something like litecoin will leap ahead or another coin in terms of merchant adoption

bitcoin devs became centralised. commercialised and knuckle dragged real onchain utility growth.. and their 2nd layer project is something that even litecoin can use. so litecoin seems to be receiving alot more chatter as the go-to coin by merchants in the future.. bitcoin just lost too much rep which it wont gain back with its 2nd layer projects. especially when other coins can use them same 2nd layer tools

think about it.. 2 years WASTED and only this week has core made a semi 90% consumer ready version of their 2015 roadmap. and now say 4+ years for a consumer ready 2nd layer

You accept that Litecoin does have a chance, with the exact same technologies (2nd Layer). But you are angry about the past and would much rather support LTC than BTC.

That then, is just your personal choice and opinion, dear sir, and i don't think that takes away anything from Bitcoin.

ldah94

full member

Activity: 350

Merit: 102

BCC has received great support from the community thanks to its transactions with lower and faster fees compared to bitcoin, adding that it also had temporary migration of miners to its platform, directly affecting Bitcoin. every time we see more exchanges adding this currency which is reflected in the increase in popularity of the currency.

Getcoinsite

sr. member

Activity: 714

Merit: 260

Quote from: dwsgh on March 04, 2018, 08:38:31 PM

Bitcoin has shown great vitality and potential since it generated a new blockchain asset, Bitcoin Cash (BCC), through hard-fork. Bitcoin cash not only jumped into the market capitalization of the top five digital currencies, but also won the recognition and support of the vast majority of the community. Some trading platforms and wallet providers have bitcoin cash added to their services from the outset that did not support bitcoin cash to pressure from public opinion and users.
Why do many users choose Bitcoin cash?

are you sure they are using those coins?or just on hand?look how big the difference of price from bitcoin to bitcoincash so even if you multiple the price bitcoin classic is still has bigger users.and that bch will no were to go in future,only bitcoin classic will remain in this battle lol..

Quote from: Bervelukan on March 04, 2018, 08:57:47 PM

That's probably because of the public's trust in bitcoin because bitcoin is the first cryptocurrency created, and also as a role currency.

right,bitcoin started this crypto and gaining trust for how long isnt that easy to achieve,so bitcoin will be the most trusted one among all

leland orser

member

Activity: 196

Merit: 10

The Experience Layer of the Decentralized Internet

Because BCH has a faster transfer rate, and BCH block is bigger, it improves some of the disadvantages of bitcoin.
So I think that's why some people choose BCH.

Shreek

full member

Activity: 476

Merit: 112

IDENA.IO - Proof-Of-Person Blockchain

yes, because bitcoin has the potential to regulate the world economy, stabilize, advance, and also improve the economy. bitcoin will have more of a maximal benefit if it is supported with an economic system platform.

because basically bitcoin is the solution of the economic crisis. not just bitcoin but also other altcoins can usefull greater benefits to the world.

Armstand

hero member

Activity: 626

Merit: 500

Quote from: Mandoy on March 04, 2018, 08:50:35 PM

Quote from: dwsgh on March 04, 2018, 08:38:31 PM

Bitcoin has shown great vitality and potential since it generated a new blockchain asset, Bitcoin Cash (BCC), through hard-fork. Bitcoin cash not only jumped into the market capitalization of the top five digital currencies, but also won the recognition and support of the vast majority of the community. Some trading platforms and wallet providers have bitcoin cash added to their services from the outset that did not support bitcoin cash to pressure from public opinion and users.
Why do many users choose Bitcoin cash?

Bitcoin has already gained the trust of the community. It has established its reputation as a solid currency online that is stable in its existence. With people supporting bitcoin it is hard to convince them to transfer to bitcoin cash. Aside from that bitcoin has exchanges around the world wherein you can exchange your btc to your fiat currency.

Since we already see what bitcoin can offer that it keeps us into it, if only we will give others coin a chance we can salo see their benefits, but for now, Bitcoin will still be the first choice of every newbie and to those who already changer their life because of holding it.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

just because some exchanges added BCH to their platform it doesn't mean there is more usage for it. it just means it is getting pumped and dumped more like a lot of other altcoins.

Quote from: dwsgh on March 04, 2018, 08:38:31 PM

Why do many users choose Bitcoin cash?

why do YOU think it is chosen by users or used more?
and remember to check their empty blocks which has only a couple of transactions in them!

Quote from: bcni on March 04, 2018, 08:49:28 PM

I think the following reasons:
Better security
Improved scalability
Scarcity of supply
Improved confirmation time
Lower cost

the only thing that BCH changed was the blocksize. and the only thing that increasing blocksize does is that it "improves scaling by a little". the rest of the things you mentioned are either wrong or is the same with bitcoin like the supply.

Bervelukan

newbie

Activity: 139

Merit: 0

That's probably because of the public's trust in bitcoin because bitcoin is the first cryptocurrency created, and also as a role currency.

franky1

legendary

Activity: 4424

Merit: 4794

i feel that when it comes to merchant adoption.. both bitcoin and all its forks still have onchain issues...
i feel it will end up being something like litecoin will leap ahead or another coin in terms of merchant adoption

bitcoin devs became centralised. commercialised and knuckle dragged real onchain utility growth.. and their 2nd layer project is something that even litecoin can use. so litecoin seems to be receiving alot more chatter as the go-to coin by merchants in the future.. bitcoin just lost too much rep which it wont gain back with its 2nd layer projects. especially when other coins can use them same 2nd layer tools

think about it.. 2 years WASTED and only this week has core made a semi 90% consumer ready version of their 2015 roadmap. and now say 4+ years for a consumer ready 2nd layer

Mandoy

sr. member

Activity: 644

Merit: 264

Aurox

Quote from: dwsgh on March 04, 2018, 08:38:31 PM

Bitcoin has shown great vitality and potential since it generated a new blockchain asset, Bitcoin Cash (BCC), through hard-fork. Bitcoin cash not only jumped into the market capitalization of the top five digital currencies, but also won the recognition and support of the vast majority of the community. Some trading platforms and wallet providers have bitcoin cash added to their services from the outset that did not support bitcoin cash to pressure from public opinion and users.
Why do many users choose Bitcoin cash?

Bitcoin has already gained the trust of the community. It has established its reputation as a solid currency online that is stable in its existence. With people supporting bitcoin it is hard to convince them to transfer to bitcoin cash. Aside from that bitcoin has exchanges around the world wherein you can exchange your btc to your fiat currency.

bcni

newbie

Activity: 17

Merit: 0

Quote from: dwsgh on March 04, 2018, 08:38:31 PM

Bitcoin has shown great vitality and potential since it generated a new blockchain asset, Bitcoin Cash (BCC), through hard-fork. Bitcoin cash not only jumped into the market capitalization of the top five digital currencies, but also won the recognition and support of the vast majority of the community. Some trading platforms and wallet providers have bitcoin cash added to their services from the outset that did not support bitcoin cash to pressure from public opinion and users.
Why do many users choose Bitcoin cash?

I think the following reasons:
Better security
Improved scalability
Scarcity of supply
Improved confirmation time
Lower cost

dwsgh

newbie

Activity: 41

Merit: 0

Bitcoin has shown great vitality and potential since it generated a new blockchain asset, Bitcoin Cash (BCC), through hard-fork. Bitcoin cash not only jumped into the market capitalization of the top five digital currencies, but also won the recognition and support of the vast majority of the community. Some trading platforms and wallet providers have bitcoin cash added to their services from the outset that did not support bitcoin cash to pressure from public opinion and users.
Why do many users choose Bitcoin cash?

Topic: Why do more and more people use bitcoin instead of classic bitcoin? (Read 145 times)