BCH

chaintip

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legendary_korra

>even BCH. It fell so much in rankings in the past year

Late_To_Parties

Same answer as if you asked my favorites XMR / BCH / ETH

SomeBrokeChump

Yes there is a Bitcoin community. No Blockstream didn't kill Bitcoin. That is fake propaganda created and spread by the BCH community. BCH is a centralized altcoin that forked off from Bitcoin. BSV is a centralized altcoin that forked off from BCH. BSV is a centralized altcoin that was successfully 51% attacked three times in less than two months last year. https://cointelegraph.com/news/bitcoin-sv-rocked-by-three-51-attacks-in-as-many-months BCH is a centralized altcoin that uses the Bitcoin name in an attempt to scam people that are uneducated about Bitcoin and cryptocurrency. A single entity controlled way over 50% of the hashrate of that altcoin for years. BCH was created because a group of Bitcoin miners in China that controlled a large amount of the Bitcoin hashrate were using a secret mining enhancement called AsicBoost that gave them a 20% hashrate advantage. Bitcoin was going to implement segregated witness and segwit is not compatible with AsicBoost. The majority of miners did not support segwit. They wanted to keep using AsicBoost. But the users running fully validating nodes activated Segwit on their own. So they created BCH where those miners could continue using AsicBoost. A single entity controlled like 80% of the hashrate of BCH for a long time. The same miners that created it. Want to know something even funnier? The Bcashers are so stupid that they don't realize that having huge massive blocks and not really having transaction fees, there wont be any incentive for the BCH miners to continue securing the BCH network after over 99% of BCH has been mined in year 2032. But that's okay because the same entity that has always controlled the majority of the BCH hashrate will continue mining it using AsicBoost like they always have. The same group that created it lol I discussed this all in a little more detail in the comment chain below. https://www.reddit.com/r/Bitcoin/comments/pjgces/bitcoin_haters_are_funding_propaganda_about_el/hbziu5y/?context=999

renovationcrew

Since the market seems to be trading sideways, what do you guys think of the following market-neutral strategy? Strategy Name: Asteroid Impact Short: Dino coins e.g. XLM, LTC, BCH Long: Hip new coins e.g. ADA, FTM, MATIC

therealdivs1210

any old bitcoiners here who got new coins when it was hard-forked? i would imagine many people would have got free BCH and BSV. what did you do with it?

slenker99

ICP, and BCH.. sadly ICP probably has more upside - ha!

pink_tshirt

What's an average Bitcoin Cash tx fee? Gotta transfer stuff funds not sure LTC or BCH

BicycleOfLife

I’m not a fan of Bitcoin Cash. Like Bitcoin SV I think that if you want Bitcoin to change, you get the network to change Bitcoin, you don’t just fork bitcoin whenever you want. Litcoin started at a time when very few other cryptos even existed, it had a fair launch and changed the curtain things like the max supply and block times. BCH just forked Bitcoin with larger blocks, like what Elon Musk was jabbering about. If it was a good idea, it would have already been implemented in a Bitcoin update. It makes it harder to mine and miners didn’t want the competition…. Was not a fair launch it was just the same balances as what Bitcoin already was, so it just made the already rich bitcoin holders even richer…

FermatsLastAccount

I'm pretty sure BCH is down over the past year.

Nox_Lucis

To that effect, I don't see too many single accounts that post blatantly conflicting positions. Most accounts I've looked at are internally pretty consistent, and only make trending posts when the current sentiment allows it. I believe this subreddit has several sub-ecosystems of posters/commentators/voters that come and withdraw in waves. EX: Bitcoin maxis, ETH maxis, anti-ETH, memecoiners, BCH users, ALGOnaughts, active traders, NFT fans, anti-NFT, and of course ADA fans.

BewareOfShills

Tip them some BCH worked for me every time :) When they experience it first hand is when they understand it.

netf1

Funny that you mentioned BCH - because of it I am up on my investment something like 40x since the beginning of 2021. \#SmartBCH is such a hidden gem and most of you are still not aware

i_have_chosen_a_name

They just fork Bitcoin Core code without anybody innovating or writing and it their own, at least BCH has a lot of original code that is not in Core.

McBurger

Yes, Monero scales just the same as bitcoin, if not better. Transaction volume is about 10% of BTC’s, although it has the drawback of blocks being a little shy of 2x as large. That being said, I said with the BCH crowd that disk space isn’t such an imperative issue, and we already see that the majority of BTC users do not run their own nodes anyway. The number of XMR full nodes is about 20% the number of BTC full nodes despite being only 10% the tx volume. But XMR having a dynamic blocksize and a mechanism for decreasing tx fees over time means we won’t be seeing any full blocks or insane fees until the volume increases at least a full order of magnitude than BTC currently is. I really have no concerns over Monero scaling to what BTC has achieved. I do have concerns over BTC’s miner centralization and Chainalysis however. The govt crackdown is certainly debatable and there’s merits to all arguments there. I see the point and understand others’ hesitancy. But I remember all the talk of governments banning bitcoin back from 2010-2014, and now with atomic swaps being live, Monero is unbannable for as long as BTC remains the golden poster child legally.

Purely_coincidental

What digital currency allows you to send a penny?? What fiat currency allows this?? Lmao at BCH dudes still out there calling BTC a shitcoin. U guys literally did a shittier spin off and think y’all made it better. Satoshi could have made BCH easily, he/they decided not to. There is a reason for everything (block size, halving, tps). People like you have been proven wrong time and time again. And it will happen again…. About this “sunken cost fallacy”. Do you really think you are smarter than big banks/companies getting into BTC now? Even a whole ass country now…

SpareZombie6591

Once again, I have absolutely zero idea what the hell you're even talking about. The point still remains, crypto as cash blows, and BCH is not "sound money". Facts suck when they don't line up with your shitty attempt at a narrative, I know, but they are facts. So sorry.

Remora_101

>Well that's your wild guess sure. If it does ever happen in some distant dystopian future, it sure as hell won't be BCH of all things, I absolutely guarantee that. https://www.reactiongifs.com/wp-content/uploads/2014/01/well.gif Well, there it is. The true reason for your rambling.

SpareZombie6591

>A buttcoiner :D Most OG bitcoiners where currency Bitcoiner and not SoV bitcoiners. Remeber the Pizza guy? He was a hero, now he is scolded by the "number goes up" crowd. Man, you make a lot of garbage off topic assumptions. Who says I'm some big SoV bitcoiner now? Why are you even taking about that anyway? We're talking about how crypto as cash is an idiots wet dream here. Stay on point. Unlike you, I fully acknowledge how much it currently sucks as cash, because it does. I see that you've put on your moron blinders and are ignoring all actual reason because it fits your narrative, but you're provable wrong. >Oh, this is a case of USA blindness it looks like. There are many other countries with different and mostly better tax laws. A lot have tax laws. And this is but one of the many reasons at play. Also, thanks for the stupid assumption again, but I'm not in the US. I've bought stuff with crypto, and I've dealt with the ensuing tax nightmare as a result. Obviously, not worth it. I can't imagine your master plan being mass adoption, but hey, only in a few select places. >Yep, buttcoiner. Here have some clue what Bitcoin was all about: Keyword "was". Ya, I've read Satoshis whitepaper, probably more times than you have. Thank God we've grown since then, adapted, found many use cases for blockchain technology far beyond this. Imagine being unable to ever change or adapt, unable to ever advance. Stuck forever to one single person's aged writings, as if it's the holy scripture and it's creator a God. What a shitty world we'd be perpetually stuck in. >Our money sucks, building another SoV besides the hundred we already have will change nothing. Building the first immutable uninflatable currency will. Well that's your wild guess sure. If it does ever happen in some distant dystopian future, it sure as hell won't be BCH of all things, I absolutely guarantee that. Anyway, I see you like to go off subject a lot whole here, by the simple fact remains. Crypto as cash sucks monkey balls.

SpareZombie6591

>>I'm going purely by the actual definition > >from merriam-webster.com.... I would argue that sound money should also be fungible, easy, fast and cheap to transact. I mean sure, if we just selectively ignore the main idea behind sound money here in fantasy land than ya, BCH is definitely sound money. My TV is also the perfect car because they both have speakers. >A buttcoiner. A realist. Wake up and face the actual hard provable facts. Any idiot can see the obvious issues here. Yet you choose to ignore them, strange. I like the potential of blockchain technologies as much as the next guy, for many reasons, but I'm not a blind moron who pretends it's anywhere remotely close to being usable as cash by the average person. It makes absolutely no sense. >Bitcoiners know and knew all about these problems. They still decided to worked for adoption. So saying people are ignoring these is just wrong Wake me up when you get the tax laws changed then. I bet you are working real hard on that one right now. Then, we'll go through the rest of my long and growing list of the other problems to see if they are all solved as well. Until then, there are far better ways to buy a coffee. >Sure it is easier to go with the flow gamble on some coin bubble and cash out into FIAT. But that is not what Satoshis invention was about. Nobody ever said a financial revolution would be a walk in the park with guarantied massive gains. That is the easy way, the way that doesn't change anything and doesn't challenge the current system, therefore the people in power allow it. I have zero clue what you're even rambling on about now. We're taking about how cryptocurrencies suck balls as cash here. Which is undeniably true.

Remora_101

>> sound money >> >> : money not liable to sudden appreciation or depreciation in value : > > Yep, sounds like BCH to me. There is a lot more to sound money than a bubble price hike >I suppose we can blissfully ignore the plethora of obvious reasons why using it as cash blows for any rational person, like taxes and volatility and risk, though. Spoken like a true buttcoiner.

oodoov21

Honestly, I don't know much about what BCH has to offer, but a quick glance appears to show that these are sidechains and layer 2 solutions. Where as Secret is layer 1, and actually has had significant growth in dApps lately

SpareZombie6591

>sound money >: money not liable to sudden appreciation or depreciation in value : Yep, sounds like BCH to me. I suppose we can ignorantly ignore all of the obvious reasons why using it as cash blows, like taxes and volatility, though.

CT4nk3r

Yeah, Bsc is fully centralized and owned by Binance, but a Cardano dex that is fully decentralized seems a lot better. Considering muesli swap literally took the source code of pancakeswap and just reimplemented it on ADA and BCH it seems 'okay', I am hoping they did not change anything other than the name, the smart contract is on the blockchain so it's easy to check as well.

watch-nerd

Or sometimes even (former) top 20 coins. My BCH from 2017 has been red for 4+ years.

SomeBrokeChump

>Is BCH blockchain smaller than BTC’s? No. >If that is correct is it smaller just because so many fewer transactions are happening on BCH compared to BTC? Yes. BCH is a centralized shitcoin that uses the Bitcoin name in an attempt to scam people that are uneducated about Bitcoin and cryptocurrency. A single entity controlled way over 50% of the hashrate of that shitcoin for years. BCH was created because a group of Bitcoin miners in China that controlled a large amount of the Bitcoin hashrate were using a secret mining enhancement called AsicBoost that gave them a 20% hashrate advantage. Bitcoin was going to implement segregated witness and segwit is not compatible with AsicBoost. The majority of miners did not support segwit. They wanted to keep using AsicBoost. But the users running fully validating nodes activated Segwit on their own. So they created BCH where those miners could continue using AsicBoost. A single entity controlled like 80% of the hashrate of BCH for a long time. The same miners that created it. Want to know something even funnier? The Bcashers are so stupid that they don't realize that having huge massive blocks and not really having transaction fees, there wont be any incentive for the BCH miners to continue securing the BCH network after over 99% of BCH has been mined in year 2032. But that's okay because the same entity that has always controlled the majority of the BCH hashrate will continue mining it using AsicBoost like they always have. The same group that created it lol I discussed this all in a little more detail in the comment chain below. https://www.reddit.com/r/Bitcoin/comments/pjgces/bitcoin_haters_are_funding_propaganda_about_el/hbziu5y/?context=999

PeyroniesCat

I’m gonna be holding BCH until I’m dead. It’s in the gutter, and I ain’t selling at that big of a loss. I’ll ride that horse right into the ground if need be.

SoulMechanic

BCH. Decentralized bridge for SmartBCH, BCH's EVM sidechain comes out in May and should help a lot of the bigger ETH projects port over to diversify. It's already ready in fact, just waiting on the BCH protocol upgrade to allow the DEX bridge from what the dev's tell me. But also hopeful for ETH 2 to scale, being on several chains is also a form of decentralization and that's a good thing.

TheGreatCryptopo

This is following the same bullshit as BCH and BSV when they were ragging on BTC. XRP will follow in their footsteps and soon be out of the top ten and then consigned to the history of being a nothing coin.

fan_of_hakiksexydays

Yea the guy puts Tron om there which is a dying chain that no one uses for payment, and omits XLM one of the most coins for payment. Even Dash, XRP, and BCH are still used mored than Tron. And Nano, ONE, LTC, etc... are others that could potentially be better options.

Create_HHNNGG

Utility beats hype? Did you even READ??? Lmfao. Eth is one of the best performing cryptos lately and it is trash utility. BCH technically had better utility than Bitcoin, what happened there? BAT has an actual working use case... not doin so hot. Monero - never heard of people having problems using it. That MF was top 20 and even top 10 for a while, how's it doing now? Yet Eth, with the worst transaction fees it has ever had in the history of the project, is doing better than ever. Just recently crushing ATHs over and over. Bitcoin - arguably terrible utility, hitting ATHs over and over. So, yes, completely dismissing this delusional bag holder because they've let their financial position in Nano completely warp their understanding of this space.

FutureNotBleak

Personally, I aim to hodl as much BTC and BCH as I possibly can.

Own_Television_6424

Where would you place BCH in the ranking of medium of exchange in crypto?

diomediocre

Than the question becomes what do you expect me to like about ETC? Not trying to get into the old "code is law" debate here, but if we do compare it to ETH and other L1s, their main value over other blockchains is their smart contract integrations for dApps like AAVE or Sushiswap, and their tokens with unique protocols/projects like The Graph, Anchor Protocol, or Acala. If ETC doesn't have much of that than it doesn't really live up to the original dream of a programmable decentralized computer, it doesn't have sufficient security for my assets like Bitcoin with decentralized mining that can't get attacked centralized or not, it seems to have too small of a community to have a proper niche like LTC/BCH, and it's not as easy a medium of exchange as NANO/XLM. It simply doesn't offer what I want in cryptocurrencies, isn't something I'd really be interested in mining or stacking as an investment, and infrequently leads to purchasing confusion from people treating it like an investment on Robinhood. Like the best opinion I can muster for it is apathy beyond its cool logo?

KallistiOW

I'm not an economist or anything, just a software developer that likes to read. So I can't claim to be an expert on any of this, just a disclaimer. That said, I'll try to explain my thoughts on the long-term economics of Bitcoin(Cash). > Simply put, in those terms, there is genuinely nothing different between BCH and BTC, except for that in BCH the energy usage can be spread out over a larger number of transactions, right? First, it's worth noting the importance of this observation. Since hashpower has no bearing on the maximum transaction volume of the network, all additional hashpower added to the BTC network is *literally wasted* if blocks are full. This means that the energy efficiency of BTC over time *gets worse* as hashpower is added to the network. This is just one of the ways that the 1mb blocksize limit subtly destroys BTC and adds increased fuel to the mainstream media misinformation fire that says PoW is responsible for destroying the planet. BCH's emergent consensus solution for organic blocksize growth lets the maxblocksize increase as needed. I currently run 3 BCH nodes: one on a Linode instance, one on my home gaming PC, and one on a RasPi 4. The biggest performance bottleneck to running a full node is in the initial block sync, but if the BCH community doesn't develop a way to mitigate this problem, I'd be surprised. (I'm a developer who is interested in tackling this myself, so if all else fails, I'll figure it out 😅) But we're talking about mining, not running a node, so let me not get too distracted. For me to explain my perception on the economics of mining, let me start from the beginning: CPU mining. You used to be able to mine 50 BTC every 10 minutes on a good ol' reliable Intel Core 2 Duo from 2009... now you're lucky to solo mine a block to receive 6.25 BTC with a Antminer S19 110TH/s. So I see the argument about "centralization of hashrate." But I don't think the goal is that every user is a miner. Mining is a commercial endeavor that has broader implications on the energy/electricity and silicon markets. Mining businesses invest their own capital into mining equipment, which incentivizes them to not disrupt the network they are spending physical resources to secure. Even if, say, a powerful state actor could secure enough resources to 51% attack the network, the worst damage they can do is doublespend one of their own transactions, which still must be a valid transaction in order for other nodes to accept the block and not just blacklist the miner. It's more profitable for a malicious 51% attacker to just... mine normally. So, that leads into the relationship of this business endeavor to the energy used by mining. Like we noted earlier, hashpower is literally wasted if transaction volume is artificially capped by the blocksize limit. In a mining economy without this artificial limitation, miners are incentivized to find the cheapest, most efficient energy available in order to maximize their profit, which funds research into even better sources of energy to create a competitive advantage. Bitcoin mining aside, the energy markets will also evolve to seek cheaper, more efficient ways of powering our civilization. I personally believe that mining adds a tangible incentive for those markets to evolve and stop being suffocated by politics and lobbying. Everybody knows that we need better power sources for the sake of the planet. But electricity is fundamental to our existence, so to say that Bitcoin mining specifically is bad for the environment is myopic. If there is any centralizing force in Bitcoin, it is the centralization of energy production. But whether Bitcoin exists or not, the centralization of energy production would happen anyway due to geographical restrictions. So that's not a problem with Bitcoin, and at least Bitcoin can capitalize on this inevitability by creating a money system that is backed by electricity and not political influence. And users and businesses can capitalize on Bitcoin by building on it and using it. The more I think about the implications of true p2p money backed by a physical resource is the more I see Bitcoin(Cash) as the only true sound money global p2p currency, other than Monero maybe. It's more important that everybody can access and use Bitcoin freely, not that everybody can mine without putting up some kind of capital. You need to invest money to be successful with any form of business. And if Bitcoin is to be truly decentralized and separated from the State, then it must have value that is derived from outside of the fiat economy; that's why I don't think any PoS coin, including Nano, fits the "sound money" usecase.

Invest07723

I have Kraken account that I haven't used much. I wasn't sure how to transfer these 2 particular coins as I have limited experience sending coins to wallets other than BTC, ETH, LTC, BCH. It seems they are basically simple and no memo line or other stuff needed?

Invest07723

Thanks. So basically it is as easy as sending LTC or BCH?

ArticMine

The more relevant question is what did he buy with the proceeds. I sold over 99% of my BTC for XMR in 2014 and 2015, with the balance in 2017 over the Bitcoin on chain scaling issue. As a result I am ahead *in terms of Bitcoin* Just take a look at the chart going back to 2014 https://www.poloniex.com/exchange/BTC_XMR My take is that *both* sides of the Bitcoin blocksize / scaling debate were wrong. The fundamental issue is the maximum 21 million BTC / BCH limit and the need to have to replace falling block rewards with transactions fees. Monero sidesteps this entire issue with it tail or minimum emission of 0.6 XMR. This is turn permits the use of an adaptive blocksize, that allow for level 1 scaling. By the way according to Nielsen's Law of Internet Bandwidth https://www.nngroup.com/articles/law-of-bandwidth/ a 1 MB block when the genesis Bitcoin block was mined is equivalent to ~200 MB today. Technology has not remained still while different groups argue.

mtrycz

It could possibly unite BTC and BCH supporters!

Sylzzzz

What a retarded response. BCH isn't even an option. Do you really think Roger is on to something,? Fuck me even useless George has done more for crypto than Roger. No difference between Btrash and BTC? What??? How fucking stupid have you become?

SenatusSPQR

> Nano is interesting, and alongside BCH, LTC, and XMR, are the only coins I ever list when someone asks what cryptos best fit the p2p cash usecase. Just wanna let you know we have similar goals and I don't mean to project any hate if it appears that I am. That's fair, aside from LTC that's pretty much my list as well and I think the BCH community especially has a lot of overlap in terms of goals with Nano. I agree with you that BCH solves some of the issues BTC has, but not all. It does not solve what I see as two huge problems, which is centralization over time of hashrate, and high energy usage. Simply put, in those terms, there is genuinely nothing different between BCH and BTC, except for that in BCH the energy usage can be spread out over a larger number of transactions, right? > I think the main drawback to XNO from an adoption standpoint (I think PoW is better from an economics/game theory standpoint, but I'm excluding that perspective for this statement) is that the only way to acquire XNO is to exchange fiat for it or to participate in a thriving XNO economy that already exists. Can I ask how you think PoW is better from an economics/game theory standpoint? Because my take on it is the exact opposite, so would love to hear. Sure, only way to get Nano is to buy it, or get paid in it, exchange services etc for it. I think this concern is a bit overblown though. While you can technically mine BCH, it's completely unrealistic for the average user. To do so, you'd need to first buy an ASIC. Now, that is already far more effort than buying some Nano from an exchange, or from someone else. To be honest, it might be easier to mine ETH on 2miners and get paid out in Nano, lol. More people have a GPU than a competitive ASIC, I'd think.

KallistiOW

Nano is interesting, and alongside BCH, LTC, and XMR, are the only coins I ever list when someone asks what cryptos best fit the p2p cash usecase. Just wanna let you know we have similar goals and I don't mean to project any hate if it appears that I am. As far as BCH: even the article you linked explains BTCs inevitable failure in terms of its inability to scale or keep transaction costs low. The end user experience is paramount. XNO understands this best so far imo. But BCH fixes all of the problems BTC has. It features safe zero-confirmation (instant) transactions, instead of BTC's replace-by-fee vulnerability. It has a dynamic difficulty adjustment algorithm that prevents miners from thrashing the block interval by fluctuating the hashrate. It has an emergent consensus system that allows parameters like blocksize to scale organically, preventing issues like the 2017 blocksize wars from ever happening again. I think BTC is crippled and doomed to fail. I think the main drawback to XNO from an adoption standpoint (I think PoW is better from an economics/game theory standpoint, but I'm excluding that perspective for this statement) is that the only way to acquire XNO is to exchange fiat for it or to participate in a thriving XNO economy that already exists.

yeetsfeetsdeletes

Never said digital currencies don't matter. I said investors don't care, there's a big difference. The market just doesn't care about simple payment based coins, especially when there's multiple like Stellar, Litecoin, BCH. If you can already provide the same functionality with smart contract platforms, then the market won't care for this past niche of blockchains.

ccstats-bot

Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: BTC with **1696** mentions, **5365** total ups and **40** awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |ETH|876|2382|13| |CRO|397|1591|2| |ONE|384|1294|10| |SOL|272|773|3| |ADA|256|566|4| **Trending today**: [Nano (XNO)](https://fomographs.com/coin-details.html?coin=nano) **Flavour of the week**: [Nano (XNO)](https://fomographs.com/coin-details.html?coin=nano) The coin that **climbed** more positions since yesterday is: Bitcoin cash (BCH) with **30** mentions. The coin that **lost** more positions since yesterday is: Origin protocol (OGN) with **7** mentions. **Source**: [fomographs.com](https://fomographs.com)

ccstats-bot

Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: BTC with **1696** mentions, **5365** total ups and **40** awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |ETH|876|2382|13| |CRO|397|1591|2| |ONE|384|1294|10| |SOL|272|773|3| |ADA|256|566|4| **Trending today**: [Nano (XNO)](https://fomographs.com/coin-details.html?coin=nano) **Flavour of the week**: [Nano (XNO)](https://fomographs.com/coin-details.html?coin=nano) The coin that **climbed** more positions since yesterday is: Bitcoin cash (BCH) with **30** mentions. The coin that **lost** more positions since yesterday is: Origin protocol (OGN) with **7** mentions. **Source**: [fomographs.com](https://fomographs.com)

SenatusSPQR

It's quite different. There's no single monolithic blockchain in nano, no leader selection, no rewards, one block is one transaction, and accounts can only add blocks to their own chain. So yeah, rather different from what most know as PoS/DPoS. I think BCH has the same long term issues as BTC. What makes you think differently?

KallistiOW

I thought Nano was a delegated PoS system? "open representative voting" may be a different name but to me the only difference is that you don't get staking rewards. Anyway, BTC and ETH will both die. Imo they'll get replaced by BCH and smartBCH :)

diGitaLexa

Despite Harmony issues for the last days, I'm glad that it's growing. I'm surprised that Ethereum Classic (ETC) and BCH are in the winners list today

SomeBrokeChump

Bitcoin miners are only securing the Bitcoin network and including transactions into blocks. Bitcoin miners are not in control of the Bitcoin protocol rules. The users that are operating fully validating Bitcoin nodes must come to consensus on any protocol changes and anyone can easily run their own fully validating Bitcoin node on cheap low powered hardware like a Raspberry Pi 4. The miners can show support for proposed protocol changes, but the miners cannot make changes to the Bitcoin protocol without the fully validating Bitcoin nodes also agreeing to those changes. Without consensus of the full nodes in agreement with those protocol changes, the miners only have the power to mine an altcoin that has forked off from Bitcoin. This has happened many times before. For example: Back in 2017 the main mining pools and the majority of the Bitcoin miners did not support the segwit upgrade because they were secretly using AsicBoost to gain a 20% hashrate advantage and segwit is not compatible with AsicBoost. So the users running full nodes went ahead and activated segwit without support from the miners. And the miners that still wanted to use AsicBoost to have an unfair hashrate advantage forked off and created BCH which still has less than 1% of the hashrate of Bitcoin. Those ASICs are why Bitcoin is the most secure. Unlike your favorite altcoin which is mostly mined by botnet operators that have illegally installed mining malware on servers unbeknownst to their owners.

SomeBrokeChump

Bitcoin miners are only securing the Bitcoin network and including transactions into blocks. Bitcoin miners are not in control of the Bitcoin protocol rules. The users that are operating fully validating Bitcoin nodes must come to consensus on any protocol changes and anyone can easily run their own fully validating Bitcoin node on cheap low powered hardware like a Raspberry Pi 4. The miners can show support for proposed protocol changes, but the miners cannot make changes to the Bitcoin protocol without the fully validating Bitcoin nodes also agreeing to those changes. Without consensus of the full nodes in agreement with those protocol changes, the miners only have the power to mine an altcoin that has forked off from Bitcoin. This has happened many times before. For example: Back in 2017 the main mining pools and the majority of the Bitcoin miners did not support the segwit upgrade because they were secretly using AsicBoost to gain a 20% hashrate advantage and segwit is not compatible with AsicBoost. So the users running full nodes went ahead and activated segwit without support from the miners. And the miners that still wanted to use AsicBoost to have an unfair hashrate advantage forked off and created BCH which still has less than 1% of the hashrate of Bitcoin.

jam-hay

"Payment only coins" like Nano, XLM, BCH, and LTC gained a lot of popularity in 2017 but the market has cooled on them significantly since then. None of the coins I mentioned have surpassed their 2017 ATH." LTC did

ManyArtichoke

"Payment only coins" like Nano, XLM, BCH, and LTC gained a lot of popularity in 2017 but the market has cooled on them significantly since then. None of the coins I mentioned have surpassed their 2017 ATH. For the most part, all you can do is send them from Point A to Point B. They don't have a lot of use cases. Merchants don't accept them and there's no retail demand from customers, so ironically most people just end up holding them. Nano exists entirely outside of the defi ecosystem, which has exploded in the past few years. Being fast and cheap isn't a good enough reason for people to invest.

DeadPoster

Looks like BCH is going to make a comeback.

DMugre

Ah, of course. IMO it's kind of funny to see that the same goverments that made a point to try to bash cryptocurrencies into non-existence have now started a desperate race to digitalize their own currencies. The thing is people are trusting goverments less and less with each new generation, it's as if you bleed people to death for centuries to perpetuate just 0.1% of the population's power they eventually tell you to fuck off. I just wish a decentralized payment system gets created soon enough, something like what BCH proposed but never built.

Hookahista

Whenever i see the ETH vs ETC and BTC vs BCH debates i think to myself that communities split due to a difference of opinions, saying one network is the right one and trying to invalidate the evolution or existence of the other one is just flat out maximalism. Difference's in opinion cause competition which in turn evolves into innovation. Ethereum 2.0 is not a unnecessary and flashy upgrady, it's one that is necessary. ETC doesn't neeed a upgrade simply due to the reason that it didn't evolve into the Behemoth that ETH did, the networks just grew differently, with seperate goals and directions and that is fine. Not every network has to become that insanely large ecosystem to be successful. ​ I wish more people would think like Gavin and be against crypto nationalism and more for cooperation and interoperability. ​ I recommend this read:[https://www.protocol.com/fintech/polkadot-ethereum-gavin-wood](https://www.protocol.com/fintech/polkadot-ethereum-gavin-wood)

BewareOfShills

Unlike ETC, BCH has actually improved over BTC.

ccstats-bot

Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: BTC with **1696** mentions, **5365** total ups and **40** awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |ETH|876|2382|13| |CRO|397|1591|2| |ONE|384|1294|10| |SOL|272|773|3| |ADA|256|566|4| **Trending today**: [Nano (XNO)](https://fomographs.com/coin-details.html?coin=nano) **Flavour of the week**: [Nano (XNO)](https://fomographs.com/coin-details.html?coin=nano) The coin that **climbed** more positions since yesterday is: Bitcoin cash (BCH) with **30** mentions. The coin that **lost** more positions since yesterday is: Origin protocol (OGN) with **7** mentions. **Source**: [fomographs.com](https://fomographs.com)

thelesserkilo

BCH is never gonna take off bro

SoulMechanic

Bitcoin Cash (BCH) for sure!

SoulMechanic

Bitcoin Cash (BCH). It's cheaper and faster to use. https://bitcoinfees.cash/

SpareZombie6591

>So you have a better one? How do you even know "my" definition? You gave it. >You might train your memory better. I was not the one who derailed this away from DCA. I just stated I DCA into BCH. And I'm merely stating that only complete idiots DCAs into continually sinking garbage. I guess we're both on subject then. >It doesn't and wow we are already at personal attacks? Get fucking lost. Its a general statement. And yes, it sure as fuck does. >Looks more like this is about your anger. I simple state what I do and you came in here like Jehovas witness teaching me the "real crypto". But they are at least polite. Huh? Real crypto? What are you even taking about? I'm not angry, I'm trying to help people by telling them to ignore you. >You are delusional and make up shit. Nothing of this is happening. Looks like you have a complete picture of me in your mind without any connection to the real world. Nothing I wrote was made up. I have no "picture" of you either, speaking of making things up. >I'm out bugger someone else. Ya, I'll certainly do what you tell me. You give such great advice afterall.

Remora_101

>Your idiotic definition of what you actually think works So you have a better one? How do you even know "my" definition? >is entirely different than the rest of the worlds. That' just like your opinion man. And a very bold claim without any backup >And this thread is about DCAing You might train your memory better. I was not the one who derailed this away from DCA. I just stated I DCA into BCH. >Only a compete moron invests in something that constantly bleeds money. It doesn't and wow we are already at personal attacks? Get fucking lost. >This thread isn't about your ridiculous religious and cult like personal beliefs on all things Satoshi. And the only one gambling here is you if your trying to catch little bumps in value in a continually decreasing cryptocurrency Looks more like this is about your anger. I simple state what I do and you came in here like Jehovas witness teaching me the "real crypto". But they are at least polite. >And the only one gambling here is you if your trying to catch little bumps in value in a continually decreasing cryptocurrency. You are delusional and make up shit. Nothing of this is happening. Looks like you have a complete picture of me in your mind without any connection to the real world. I'm out bugger someone else.

Careful-Artichoke468

I’ve never been so bullish on BCH till I saw this pie

Remora_101

BCH works, and the community actually cares about adoption. I'm not here for the speculation bubble. Look at the dot.com bubble and how that turned out and choose your coins wisely.

GnarWhale99

Where is BCH to save us all when we need it, amiright? lol

pjman7

BCH they even have a cash register type app from Bitcoin.com

SpareZombie6591

DCAing into BCH has historically worked out super well.

Remora_101

BCH, always BCH.

Drunk__Doctor

Nano for blizzard gift cards and other steam game keys (sounds like every internet scam, “yo bro so you cash out in gift cards”), I’ve used wax a lot for NFTs that are dirt cheap so I can pretend I’m part of the craze as well. I buy my drugs with LTC (dealer doesn’t understand he should use XMR instead) I would use IOTA but don’t have anywhere to spend it yet. I’ve used BCH a few times to send people money since it has an easy on/off ramp in my country. Also I use nano a lot to “gamble” on sites where I play blackjack, crash, roulette, etc … with like $0.01 turning it into $0.02 and feeling like a baller boss

gr8ful4

**XMR** > BCH (with Cash Fusion)

Jameszz3

Most crypto people have paid us in BCH, but Litecoin is a popular transactional currency too. If you’re going to accept direct to your wallet you have a lot more options - most payment gateways won’t accept some of the more niche options (like Nano that’s been mentioned a few times below). I’ll basically accept anything at my store as long as I don’t need to download a new wallet app.

techexpert2

BCH Ban and NANO

KevinOpel

Bitcoin isn't dead, and BitcoinCash (BCH) is far from death as well. I don't think people understand why BCH is an important crypto, because common mindset is 'HODL'. The coin from a distant observation is designed to be used on a more frequent scale. While the same argument can be made about dozens of projects, they aren't a fork of BTC from which gave them a particular value. There's a difference between those who received BCH from BTC, and who've acquired theirs through purchase or use. I personally choose to invest a portion of my portfolio into BCH and BCHG.

KallistiOW

Lots of the OG bigblockers hang out on r/btc. There's a lot of pro-BCH sentiment there, and the history of both Bitcoin and BitcoinCash is preserved there.

Evideyear

BCH, XMR, XLM. All three are great and super low fee

KallistiOW

The only coins focused the "p2p cash" usecase are BCH, XMR, LTC, and XNO. I don't believe that proof of stake is viable for a "sound money" usecase, so that knocks out XNO. XMR is great, I've been saying BitcoinCash is "light mode" to Monero's "dark mode." LTC will probably always have a small share of the market, but probably will never become the most major player. As far as I'm aware, there is also no active development on LTC. BCH is the only coin with a laser focus on p2p cash and global adoption. And part of this post is meant to address the "BCH is Bitcoin" argument. BCH isn't Bitcoin. It's the UPGRADED version of Bitcoin. "HODL" is not a usecase. Anything BTC does now, BCH already does better... except for price.

Coreldan

Ir doesnt inherit the only thing that actually matters, perceived value of BTC. There are hundreds of coins doing the same instant near free txs. I dont hope for BCH to fail, but I dont believe in crypto replacing fiat for daily transactions. So there goes the biggest selling point. What is left is trying to ride BTCs fame with a ripped off name and thats a big turn off. I

KallistiOW

If you were transacting off an exchange, I don't doubt this. Most exchanges wait for a silly amount of confirmations. Try wallet-to-wallet, it is actually instant because BCH has safe zero-confirmation transactions by implementing a technology called double spend proofs.

KallistiOW

Wasn't there for that. But nowadays BCH hashrate has a [pretty nice distribution](https://cash.coin.dance/blocks/thisweek).

KallistiOW

What makes Bitcoin better than BitcoinCash? Sure, Bitcoin currently has the price/marketcap. But nobody actually USES Bitcoin to transact... because when blocks get too full, the whole network breaks. And to "unbreak" it, you have to use a whole different sidechain? That doesn't make sense to me. BCH is instant and costs 100x less to transact on, while inheriting all of the best parts of Bitcoin. It is nothing but an upgrade. If you haven't tried the two side by side, you should.