Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: bosshyip on July 31, 2018, 08:09:06 PM
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So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:
Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000
Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000
On every count Bitcoin beats Bitcoin Cash so the question arises, what was the point of creating Bitcoin Cash? Apart from making very rich bitcoin holding people even more wealthier by creating Bitcoin Cash and adding to their portfolio it seems that there was no need for it. I hear about transactions fees and groups of devs so on being better at Bitcoin Cash but in all honestly what was the point?
Did all those advocating the demise of Bitcoin actually exchange all their BTC for BCH? I doubt it.
To me it seems Bitcoin was always going to come out on top of that battle so why did those whales pushing for the fork really do it and create Bitcoin Cash?
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Yes, You are right no more reason why bitcoin is at the top of the board, because bitcoin is the only king of all coins and his the first coin was created and successful cryptocurrency in the world. No more question and no one can break it at his record.
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Buddy you are right in saying that there was actually no need for the fork. But maybe they didn't think bitcoin would win the fight. Their intention for going for the fork seems reputable but it takes more than intention to get something up and running.
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Bitcoin Cash is a Bitcoin fraction that has a good future like its senior, Bitcoin. However, Bitcoin Cash has many advantages over Bitcoin. One of them is that this coin has a more consistent price. Besides that, this coin is easier to mine.
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BTC and BCH are more generations in the digital age. The improvement of the system owned by BCH is expected to improve the bitcoin deficiency. But about security, these two coins have a pretty good protection.
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The basic difference of the Bitcoin and Bitcoin Cash is transaction block chain capacity. bitcoin is really having problems about fees and transaction speed
BCH has solved that problem. However I'm not advocating bch because it clearly being manipulated and it doesn't have any real development ongoing. I am waiting for the development in bitcoin
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The basic difference of the Bitcoin and Bitcoin Cash is transaction block chain capacity. bitcoin is really having problems about fees and transaction speed
BCH has solved that problem. However I'm not advocating bch because it clearly being manipulated and it doesn't have any real development ongoing. I am waiting for the development in bitcoin
It's true like that, Bitcoin Cash is full of manipulation and its founder Roger Veer understands that.
Look at Bitcoin, he stands alone without knowing who the founder is and is still valuable throughout the world.
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There are two coins I don't understand BCH and LTC. I understand the difference BTC-ETH or BTC-XRP, but what is the difference between bitcoin and bitcoin cash or litecoin I don't know. Ok, Litecoin is some kind of test ground for bitcoin, but BCH is really useless with its big block that will never be used...
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If i'm going to choose in the sense of being practical then i will choose bitcoin cash because it has a very fast transaction speed and the fee is very low and it is too far from the fee that i am paying in bitcoin so i have bitcoin cash for transferring money and so on and i think that if bitcoin will not go back to normal on its speed and fee then a lot more people will go for bitcoin cash.
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It was always Bitcoin's battle to win as Bitcoin Cash and other fork pushers were literally caught red handed flooding the memory pool with thousands of transactions. Calling out scalability and fee issues while being the main reason for the latter themselves, they turned out to be nothing less than criminals.
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For me I really wanted to invest in bitcoin than bitcoincash because bitcoin cash is dependent on the movement of bitcoin so in the other words bitcoin is better than bitcoin or in any kind of crypto available in the market today.
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In mid July 2017, mining pools and companies representing roughly 80% to 90% of bitcoin computing power voted to incorporate a technology known as a segregated witness, called SegWit2x. SegWit2x makes the amount of data that needs to be verified in each block smaller, by removing signature data from the block of data that needs to be processed in each transaction, and having it attached in an extended block. Signature data has been estimated to account for up to 65% of data processed in each block, so this is not an insignificant technological shift. Talk of doubling the size of blocks from 1mb to 2mb in November has ramped up, and is expected. This would also go some ways in improving bitcoin’s scalability. In mid-October, Bitcoin scientists from Bitcoin Unlimited revealed they had mined the world's first 1GB block, 1,000 times bigger than the normal size.
Bitcoin cash is a different story. Bitcoin cash was started by bitcoin miners and developers equally concerned with the future of the cryptocurrency, and its ability to scale effectively. These individuals had their reservations about the adoption of a segregated witness technology, thoug
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When compared with Bitcoin, the BCH value is certainly still very far away. Even so, Bitcoin Cash cannot be underestimated. After the launch, the existence of BCH can invite a lot of attention. Predicted, this coin will pursue BTC as its senior.
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Personally I do not like to using Bitcoin Cash instead of Bitcoin, because Bitcoin Cash makes me feel it is worse than Bitcoin a lot. It changes the blocksize to solve the problem of Bitcoin in the past, but finally, as the prediction of many devs in Bitcoin system, Bitcoin Cash did not change anything, only reduce the total transaction of Bitcoin because Bitmain want to promote and use this coin.
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between the battle of this two coin the strongest will be the winner,bitcoin cash the existence of it's attract and invite attention to many,but bitcoins remain its status as seniors to all crypto as of now nothing can remove and over/out throne bitcoin even bitcoincash
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Maybe both of them has their own uniqueness and cannot be compare to each other. During the past few weeks, the BCH exchange rate has increased by as much as 200%. Some people say that bch is just a regular viral phenomenon. I was never a big fan of BCH and in the future also it may remain the same, but it is impossible to ignore such a huge spike. I guess I will choose btc for the remain best. I think both are profitable and secure. Investing in Bitcoin will be better because it is hailed as a king and investing in them is profitable. In addition, eth is very good too for long term. And I wish I can collect eth and btc more before the pump price.
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Bitcoin is a cryptocurrency created in 2009. Marketplaces called “bitcoin exchanges” allow people to buy or sell bitcoins using different currencies.Bitcoin Cash is a cryptocurrency. In mid-2017, a group of developers wanting to increase bitcoin's block size limit prepared a code change. The change, called a hard fork, took effect on 1 August 2017.
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Bitcoincash become popular because bitcoin, another interesting thing, it look like bitcoin cash is 1:10 between bitcoin
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Bitcoin Cash and consider it just another altcoin, not "new bitcoin". This means that its use is limited to speculation on exchanges.Bitcoin Cash supports only a small part of the community that likes the idea of increasing the block size.If you choose where to invest money, bitcoin still looks like the best option. Bitcoin Cash can collapse at any time and be at the bottom of the cryptocurrency table, becoming another altcoin with low real value.
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bitcoin and bitcoin cash are both good coins and there are still many who are interested because bitcoin is the vionir of all crypto
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yes I agree it is very difficult to beat BTTC, I know BTC is getting better and always number one for crypto currencies
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I see no reason too but they claim to have more block size than what btc is having and now saying their bitcoincash is the real Bitcoin and Bitcoin is fake when they are not there when Satoshi was programming and writing the code and whitepaper , I see is as a self interest and if really they believe in bch then the way and manner Roger is going about blackmailing btc is even getting out of hand and for that reason I don't like bch , at least we had btg too and it is doing well on his own and never claim to be real btc but believe the mining pool should be different and decentralized for any one to be able to mine btg .
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I am preferred to choose bitcoin than bitcoin cash. It is always advisable to get the original creation than the class a or fork. The masterpiece is necessary in choosing what is better between the two potential coin.