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Author Topic: Bitcoin vs Bitcoin Cash  (Read 339 times)

bosshyip

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Bitcoin vs Bitcoin Cash
« on: July 31, 2018, 08:09:06 pm »
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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Bitcoin vs Bitcoin Cash
« on: July 31, 2018, 08:09:06 pm »


Markjay11

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Re: Bitcoin vs Bitcoin Cash
« Reply #1 on: August 05, 2018, 04:08:13 pm »
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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Re: Bitcoin vs Bitcoin Cash
« Reply #1 on: August 05, 2018, 04:08:13 pm »

CrypMania

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Re: Bitcoin vs Bitcoin Cash
« Reply #2 on: August 06, 2018, 07:46:45 pm »
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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