Why is BCH not King? - page 2. | Bitcointalksearch.org

lol1yatme

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Quote from: Prabusiliwangi on November 22, 2017, 08:42:44 AM

Quote from: Games.Bitcoin on November 22, 2017, 04:35:27 AM

Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

I personally only consider BCH only as altcoin. Perhaps this is what makes people less interested in BCH. But I think there is nothing wrong if we invest in BCH, because the price is still cheap with a small capital we can buy 1 BCH. Thank you

What should we do after buying one bitcoin cash? Simply waste our money! bitcoin cash is obviously just another altcoin which is trying hard to take place of core bitcoin and we all know that this is not possible right now and not in the coming years because bitcoin is on its way to be the best international currency of the world. Bitcoin cash is just deceiving people by having name similar to bitcoin.

LogitechMouse

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I can say that in just one word

"TRUST"

People have trusted bitcoin already not because its the first cryptocurrency but many people have been using it and they put their trust in it. BCH is just a fork and anytime, it can be removed (I think). Nothing can beat the original Cheesy

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mindrust

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Bcash is just another bitcoin fork... why would we switch to a centralized company token from a decentralized world currency?

Look at this shit, the dudes who forked bitcoin sell their bitcoin miners only if you pay in bcash.

That's the exact meaning of "corporate coin".

oegarod

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It is not that bitcoin cash hasn't gained importance. It's like an party that us headed by the leader. The leader always has the importance and similar is our bitcoin. Bitcoin cash is just like a follower, maybe the impact of impact can take it similar to bitcoin but an leader will never get replaced by other. Because each has got varied features.

Raffielo

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Quote from: Games.Bitcoin on November 22, 2017, 04:35:27 AM

Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

It may have been set up to appear as part 2, yet it probably was a strategic way of short term cash flow through a semi looking soft fork. There are platforms that decided to drop BCH even when it surged, might be due to the fear that it could disrupt BTC through confusion as most people are still in the fog when it comes to understanding how hard forks influence the market.

nexus2k14

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Quote from: Games.Bitcoin on November 22, 2017, 04:35:27 AM

Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Bitcoin Cash is a clone with better specification and faster transactions. BCH is controlled by few investors that can increase value artificially price very quickly (classic pump and dump scheme) We seen this not so long time ago where within 24 hours BCH jumped from below 1K to over 2000$ I think some of the big investors try to increase Bitcoin Cash value and lure miners because now is not profitable to mine. I will stick with BTC, that proved already to be one of best investments out there for a long time.

Indrawan77

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Because the value of bch still small, not a lot of people are using it, and not a single shop is accepting bch, so until BCH can compete with BTC transactions value, BCH will never beat down BTC and BTC got a huge rising this year, of course the investors will trust BTC more than BCH which is still new

roddy5

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Quote from: Games.Bitcoin on November 22, 2017, 04:35:27 AM

Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

The fact that investing in crypto currency is too risky people are choosing to invest to the most popular coin. Since crypto currency's price depends on the people who trust it people feels that investing on the most popular coin is the safest way to invest on it. Bitcoin will always be the most popular coin since it is the first of it's kind and no one can change that.

Zuilhsa

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Both have different perspective, bitcoin is real and BTH came out of it, bitcoin rise or drop people confidently invest in it but they fear to invest in BTH or other altcoins, they consider BTH as an altcoin, that's what bitcoin stands as the king of crypto world.

Sithara007

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Quote from: jagdeepjd on November 22, 2017, 08:36:38 AM

Quote from: Games.Bitcoin on November 22, 2017, 04:35:27 AM

Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

BCH is faster and cheaper now because it doesn't have anywhere near the same amount of traffic BTC has to cope with. Bitcoin core are 100% on the right track, they have Segwit so it can scale and still keep the network secure. Bigger blocks are not the answer right now. Once Segwit adoption improves Bitcoin will be ready for the future. BCH is Bitcoin 2010. BTC is Bitcoin 2017.

We need bigger blocks and you can't ignore the problem for too long. Even if BCH gets the same amount of traffic which BTC is having right now, the transactions will be still faster and cheaper (due to the 8 MB block size limit). Bitcoin is not ready for the future. It can't cope with anymore increase in the number of users.

NightWatchHKG

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I think there is room for both... BTC and BCH

tree1100hn

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BCH this is a liar, I bought at 1ih720 highs. This estimate pulled out of chips, I became a Panxian. Alas, when you bought more than 800 U.S. dollars and thought it would still fall, is it a bit stupid? Expect BCH can reach 2,500 US dollars, can achieve?

MakeMoneyBtc

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Quote from: Games.Bitcoin on November 22, 2017, 04:35:27 AM

Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Bitcoin cash in not Bitcoin 2.0. It is a clone of bitcoin wich was highly promoted as a new future coin even though it has the same principles and characteristics as original bitcoin. I would personally not invest in something that is copied, especially on long term. If ethereum would have appeared now I would have definitely invested into it because it is different than bitcoin and it has some advantages(and disadvantages of course).

Another reason why people dont move their investments from bitcoin to bitcoin cash is because bch has a bigger blocksize of 8MB wich was not proven to be good. Maybe it would survive a few years with 8MB blocks but after that they have to change it to 16MB, so only a few people can then check the last block and it would take a lot of time.Anything could go wrong and this would lead to the collapse of BCH.

wilhb81

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Quote from: patt0 on November 22, 2017, 06:12:53 AM

Quote from: Games.Bitcoin on November 22, 2017, 04:35:27 AM

Why do you guys think we didn't move to BCH from BTC? Even though the segwitx2 was cancelled, BCH still seems to be Bitcoin 2.0

Bitcoin and and bcash have completely different views for the future. Bitcoin is evolving as a digital commodity, and bcash is just trying to pursuit the new payment method option. Bitcoin is way ahead of every other cryptocoin out there, if we talk about the digital commodity path. Institutional money is cumming to the market, so bitcoin is on it's way to become a new asset in Wall Street. No other coin is getting any attention from big investors, like BTC is. Except for maybe ethereum, but for completely different reasons, since ether works more as a platform to invest in "start ups".

As for bcash, like I said, is completely focused in being a form of payment, so it's not really competing with bitcoin. Is actually competing with dash, or monero, and to be honest I would prefer any of these two in comparison to bcsh. So for me, the only reason we see bcash this high, when we compare it to dash for example, is because it is taking advantage of the "bitcoin name".

As for technology, it is ahead of bitcoin right now, in terms of transactions, but again that is not important for BTC right now, because it is evolving as "digital gold" and not a payment option. In the future, the Lightning network will be a much better option for scalability than the block increase, so bcash will continue to struggle, and BTC will be able to move as a well establish digital asset, to a form of payment.

For me, this is the reason why bcash is not king, and never will be, and I still think it will probably fail as a form of payment, when compared to the other options out there.

I totally agreed with your point of view about the differences between Bitcoin core and Bitcoin Cash. Since I'm not a huge fan of Bitcoin cash - I didn't even bother, whether to mine or trade it at all...

Eros1on

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Bch is an upgraded version of Bitcoin, it is undeniable that bch does exist value, otherwise it is impossible to bch 2000usd a, let time to witness the value of bch.

regsintered

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Compare gold and silver, and think why gold is more valuable than silver. Then you will have an answer why BTC is better than BCH.

Stef9292

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Because bch is the son of btc. Maybe in next future bch can overpass btc but will not that easy. Bitcoin is the crypto gold, how you can beat it?

Leodalat

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Simply because BCH was born from BTC, therefore BCH can not replace BTC
And I believe the BTC will be 25,000$ by the end of 2017 then go to 50.000$ at 2018

Hamstead

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Quote from: LancienMaleAlpha on November 23, 2017, 02:20:52 PM

BCH is just an altcoin because it's just a clone which is not really popular by the way. I think it's gonna be down some time later.

Competition is always go along in the market. Though BCH shocking rise happen in fast few days but it really don't compete to bitcoin popularity and trust by most investors. Because everyone believes that BCH is totally nothing compared to bitcoin and it could be possible that will last for long.

Actually, BCH is considered as an altcoin and not intentionally created to replace bitcoin. Bitcoin is already making a great history and all coins created after is just a way to make a huge competition in the market and making crypto world very popular today and for the coming generations.

ladydark

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BCH would never be a bitcoin.It is just an altcoin now which was created when trying to create a clone of bitcoin.It does not have any unique features.It has not been yet accepted as payment any where.The only thing is that it is being backed and pumped by the big whale bitcoin antichrist roger ver.BCH has not yet handled high volume of transactions as bitcoin and if it does,it would surely collapse.

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