BCH

tofubeanz420

As on BCH

GreenStretch

I like The Modern Investor's take. Including BCH and ETC in all the institutional arrangments suggests that some big money was in before the forks.

IntentionDeep651

well mt gox money will start hitting market now lets ser how we hold . Esp the iliquid BCH will get shit ton of new supply

IntentionDeep651

oh my gosh so many BCH which is so illiquid will come dumping

shifty_pete96

Bitcoin Cash, and BCH Bull hedging premiums.

Joohansson

Partial depending on the amount. Most seems to have got between 15-25% with some outliers at 10 and 30%. If you held 1 btc, you should have received around 0.3 BTC + 0.3 BCH + 100k JPY (around $600 in cash). But also depends what payment you choose. There were some options to get payment now, final payment some years later on (which would be some more %), crypto or cash.

Joohansson

Depends on the amount. Most seems to have got between 15-25% with some outliers at 10 and 30%. If you held 1 btc, you should have received around 0.3 BTC + 0.3 BCH + 100k JPY (around $600 in cash).

CointestMod

#Bitcoin Cash Con-Arguments Below is a Bitcoin Cash con-argument written by Blendzi0r. > # What is Bitcoin Cash (BCH)? > > Bitcoin Cash is a [hard fork](https://www.investopedia.com/terms/h/hard-fork.asp) of Bitcoin. It was launched in 2017. [It has 32MB blocks instead of Bitcoin’s 1MB](https://www.coindesk.com/learn/2015/08/21/what-is-the-bitcoin-block-size-debate-and-why-does-it-matter/), so it can handle many more transactions per second (TPS). And that’s the main difference between BTC and BCH, as its goal was to tackle [Bitcoin’s scalability problem](https://en.wikipedia.org/wiki/Bitcoin_scalability_problem) without the second layer solutions. > > # What are the cons of BCH? > > **IT’S CENTRALIZED** > > BCH “inherited” BTC’s supply distribution from July 2017 when it was launched but the supply held by large addresses [has become more concentrated over time](https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-2d3) (while BTC is even more decentralized today). > > In 2019, [just two mining pools were able to perform a 51% attack](https://www.coindesk.com/tech/2019/05/24/bitcoin-cash-miners-undo-attackers-transactions-with-51-attack/). And although it was done for a good cause – to stop an unknown miner from exploiting a bug – it can serve as a prove that BCH was centralized already back then. > > ​ > > **THE NARRATIVE IS ON BITCOIN’S SIDE** > > The value of Bitcoin has gone up more than 2,000% since July 2017 while BCH has stayed below its price from July 2017 most of the time, not to mention its [ATH price of $4,355](https://coinmarketcap.com/currencies/bitcoin-cash/) (it's 86% down from ATH as of 31.10.2021). > > Also liquidity and real-world usability of Bitcoin Cash [is nowhere near that of Bitcoin](https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/#citation-4). It is clear that the great majority of investors chose Bitcoin after the 2017 hard fork and BCH is seen as an inferior copy. > > ​ > > **IT HAD ITS OWN HARD FORKS** > > People cringe at Internet Computer’s name, but for me, Bitcoin Satoshi Vision (BSV) takes the cake. It’s a hard fork of Bitcoin Cash that took place in late 2018. It has even larger blocks than BCH – [2GB](https://finance.yahoo.com/news/world-record-2-gigabyte-block-130000498.html). > > In 2020, there was another hard fork that produced two new chains- Bitcoin Cash ABC and Bitcoin Node. This shows that Bitcoin Cash has failed not only against Bitcoin, but had splits among its own community, further hurting its credibility. > > ​ > > **IT'S SCALABILITY COMES AT A COST** > > Bigger blocks have certain [disadvantages](https://www.sfox.com/blog/is-bigger-better-how-to-evaluate-bitcoin-cash-based-on-block-size/). Running nodes when the blocks are big requires more resources. Also, the commissions from transaction fees are lower, which makes mining the coin less appealing. This might result in nodes being manageable only by big, private companies, making BCH even more centralized. > > ​ > > **ITS MAIN ADVANTAGE ISN’T UTILIZED…** > > Although BCH’s blocks can handle up to 32MB of data, [they have not reached even 2MB since they were introduced in 2018](https://bitinfocharts.com/comparison/size-btc-bch.html#3y). What's more, their average size is currently much lower than that of Bitcoin’s blocks. > > Taking into consideration the point above about the disadvantages of bigger blocks, it makes you wonder why BCH would push for such big blocks when most of the time they don't even use 3% of their capacity. > > ​ > > **… AND EVEN IF IT WAS, THERE'S LIGHTNING NETWORK** > > [SegWit](https://www.investopedia.com/terms/s/segwit-segregated-witness.asp) allows second layer solutions to be implemented on Bitcoin. One of those solutions is Lightning Network which has become very popular recently after being [adopted by El Salvador](https://bitcoinmagazine.com/markets/lightning-network-bitcoin-usage-adoption-el-salvador) and [Twitter](https://www.theblockcrypto.com/post/118450/twitter-rolls-out-bitcoin-tipping-for-ios-users-via-lightning-looks-to-nfts-for-the-future). > > Lightning Network effectively eliminates the main advantage of Bitcoin Cash by allowing faster and cheaper transactions with bitcoins. Even if BCH fully utilized its 32MB blocks, it wouldn't be able to compete with Lightening Network. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **SUMMARY** > > Bitcoin Cash is a much worse store of value than Bitcoin and now it is also losing the electronic cash narrative, since the growing adoption of [Lightning Network](https://en.wikipedia.org/wiki/Lightning_Network) makes Bitcoin a much cheaper and faster payment option. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

CointestMod

#Bitcoin Cash Pro-Arguments Below is a Bitcoin Cash pro-argument written by a deleted user. > Bitcoin Cash was designed to match Satoshi's original vision for a "peer-to-peer electronic cash" system when Bitcoin gradually shifted into becoming Store of Value. It is a hard fork of Bitcoin with minor differences. > > **Transaction costs**: On average, transaction costs are under a penny, way less than ~$20 for Bitcoin between Jan to May 2021. This makes it much better for P2P payments and microtransactions. > > **Transaction scaling** Even though there aren't enough many people using BCH to get anywhere near the cap, it does support 200 TPS. Real transaction size is the same as Bitcoin: ~500 bytes/Tx. This shows that BCH's 32MB blocks do not have wasted empty space. > > **High total transactions**: As of Oct 2021, according to BlockChair, there have been 345M transactions for BCH, which is over half of BTC's 680M transactions. That's way higher than Cardano (16M), Litecoin (91M), and XLM (38M). > > **Faster-adjusting hash puzzle difficulty**: Bitcoin has a notoriously-bad, 2-week hash puzzle difficulty cycle. It only adjusts every 2 weeks, which often causes issues when the network hash rate changes, like when China banned its miners in 2021. Bitcoin Cash doesn't have this issue becuase it uses an auto-adjusting, 144-block, moving-difficulty for its puzzle difficulty. It's constantly adjusting to match 10-minute block confirmations. > > **Shared hash function as Bitcoin**: BCH uses the same SHA256 hash function as BTC, which means that it can piggyback off the ASIC mining infrastructure of BTC. > > **No mempool delays** > > Unlike Bitcoin, which has seen transaction delays of 100K+ transactions several times in 2021, (equivalent to waiting 7-9 hours for settlement), there are no delays for BCH. Its mempool rarely goes above 1 MB thanks to both fewer transactions and 32x larger block size. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Bitcoin_Cash) to find submissions for other topics.

coinfeeds-bot

tldr; Bitcoin's price dropped to near $65,000 as Kraken began distributing assets to Mt. Gox creditors, causing market sentiment to falter. Bitcoin cash saw a 7% decline, while other major cryptocurrencies like Solana, Ripple's XRP, and Cardano also experienced drops between 4%-5%. The distribution of nearly $9 billion worth of BTC and BCH from the defunct exchange Mt. Gox, which collapsed in 2014 due to a hack, has been a significant concern for investors, worried about the potential sell-off on the open market. Ether remained relatively stable, supported by strong trading volumes from U.S.-listed spot ETFs. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Ashkara2

As far as I know (I checked on X), a mix between BTC and BCH - depends on your wallet balance at that time.

downsyndromeadonis

Had positive experiences with Circle Trade 6 years ago, commission was less than 0.2%, damn near spot when selling BTC, BCH and ETH. Dealt directly with Ryan Salami at one point and interesting that he got nicked in the FTX fiasco. Cumberland was and hopefully still is highly reputable also. KYC was quick and efficient for both back then anyway. Go OTC for sure.

biba8163

My point is, investing in ALTs is an almost guaranteed way to lose money. And out of the thousands of ALTs, people almost always pick the wrong ALTs for the new bullrun and/or ALTs have a short pump/dump window to make money. In 2019, /r/cryptocurrency was picking these ALTs which are all down massively or dead. > IOTA, ICON, Vechain, Nano, NEO, BCH, DragonChain, Factom, Zilliqua... https://np.reddit.com/r/CryptoCurrency/comments/au3j49/only_the_strongest_will_survive_the_great_altcoin/ > during a full on bull run btc dominance decreases every time What is your point? Probability is that it doesn't mean shit for the ALT that your're holding. If you look at this time in 2020 a couple months after the halvening, out of the top 100 coins: - a handful of ALTs that outperformed BTC in the bullrun - most of those ALTS had a short window to sell them before they dumped again - most of those ALTs are down again big time, most will never recover Most of the newer coins that did insane pumps were like in the 200s, 300s or lower in rankings with tiny marketcaps or weren't even available like SOL, etc. Now there are like 25,000 coins and you think you've picked the one to pump when BTC domoinance decreases every time. There is a reason you see people commenting here who have been in multiple bull run cycles and still lost money.

Exotemporal

I don't care all that much because what I'm getting back is a small portion of what I have. I only had 1 BTC at MtGox, so I'm getting roughly 0.2 BTC and 0.2 BCH. I didn't need to be forced to HODL, I'm a hodler through and through. Although I spent some of my BTC and wasted some in bad trades, I still haven't sold any. My earliest BTC were purchased in 2012 at $5 and the most recent ones in 2020 at around $7,000. But you're right, plenty of us are thanking providence for being forced to HODL. I even encountered some claimants who never purchased another BTC after MtGox went down. That, I thought, is pretty crazy.

Exotemporal

This time however there's the looming $9B MtGox payout. It could depress the market for a few months. The only good thing about it is that not every claimant will get his or her money at the same time and that we can expect that somewhere around half the BTC will be sent to cold storage by the claimants. However, I expect that it's going to be very tough for BCH since that market is so much smaller.

Exotemporal

Every MtGox claimant is receiving a small portion of their claim in Japanese yens (not dollars) and by the way, those payments are still ongoing. The people who had BTC at MtGox will be receiving slightly over 20% of what they had when the site went offline. A minority of people chose to receive their entire payout in Japanese yens and the MtGox trustee will be selling their BTC and BCH for them. Most claimants chose to receive their payout in crypto (BTC + BCH), but we did so not because we all want to hold that crypto forever, but because it lets us decide what we want to do with our crypto and when we want to do it. There were plenty of polls asking us what we plan on doing with our crypto. I'd expect half the BTC and most of the BCH to be sold fairly quickly upon delivery. Me personally, I'm converting all the BCH into BTC, ETH or USDT immediately and I'm sending all the BTC to my cold wallet. I'm sure that BTC will be able to absorb this, even if it depresses the price for a few months, but it's going to be really hard on BCH in my opinion.

Oheson

Hex, One, LTC, Algo, Loopring, CRO. ETC, LUNC, BCH, LUNA, and Tezos. The sub hates all those. Buy them all to inverse the sub and tell us how rich you get. Rub it in our faces.

Exotemporal

I'm just going to convert the BCH into BTC or ETH the second the funds arrive. The BTC will be sent to my cold wallet with the rest of my crypto since I don't need the cash and since I believe that BTC still has plenty of legs in the current economic context where even the best fiat currencies are losing their prestige due to the international push towards dedollarisation, where even Westerners fear inflation and where an ever larger percentage of the population is aware that central banks have been inflating the money supply at insane rates. Polls in the subreddit dedicated to MtGox's bankruptcy suggest that we can probably expect half the BTC to be left alone for the foreseeable future after distribution. I still expect the price to take a hit, but I don't think that we'll see something major or something that takes a long time to recover from.

_Jimmy_Rustler

Would be better if it were daily accuracy. BCH flipping ETH isn't reflected here.

Exotemporal

That ship has sailed, Kraken already has the BTC and BCH for their clients and other smaller exchanges have received funds as well. I don't know how many BTC and BCH the MtGox trustee has left, but it definitely isn't the whole $9B anymore.

Exotemporal

In truth, an attacker wouldn't be able to do a single useful thing on MtGox's site aside from getting a user's personal information and knowing to which exchange their payout is headed. It's too late to divert money to somewhere else. Maybe they're doing it because it's easier to try a lot of passwords there than it is on the exchanges where the BTC and BCH are headed and they're hoping that if they find someone's password on MtGox's site, it will be re-used on the exchange? Or it could be an attack aimed at delaying the payout?

Dazzling_Marzipan474

Oh great so now BTC will have to move to BCH or some shit 😂

alreetmatic

Don’t start me - he holds BCH as well….

cryptolipto

I would personally sell all my BCH for BTC and I’m guessing plenty of others would as well. We’ve come a long way from 2017

LargeSnorlax

What's the catalyst for a Bitcoin fork to increase in price? What's the hype behind Litecoin? What new interesting things are being done with it that people are going to be excited about? For something to increase in price, there must be buyers driving a price trend. Why would they choose litecoin? Purely transactional currencies (Litecoin, XMR, BCH, Nano, etc) need some sort of hype cycle to drive growth - Look back at these, for Litecoin it was the 2017 run, XMR just rose with Bitcoin, BCH had the big block narrative and split in 2017, and Nano had the "next bitcoin" thing going for a while. But none of these have done well over time. There just isn't enough to drive the price up, at least in comparison to basically everything else in the market.

DangerHighVoltage111

Never say never😎. You forget that BCH lost the ticker and had to fight off two bad actors. But since then it has done fantastic. I know most people here are excited about NgU, but the freedom to transact is something really exciting and BCH is doing it best imo. XMR and LTC trying too. BTC and ETH, which most people are excited about, do not interest me in the slightest, because they suck in this regard. They are what one would call: the establishment.

Ilovekittens345

Why? all the BCH from mtgox can be bought for 20 million dollars. BCH traded 10x that just yesterday?

Beechbone22

Nice bait lmao. Throw in ETC, ADA and BCH and people will flame your ass real good.

the_lone_unlearned

I mean it is obviously not a bullish event. The bitcoin was already off the market, and now people will decide if they want to sell or not. So of course some amount of that massive amount of BTC will get sold. Some BCH may get sold explicitly to move into BTC, but there's no way that offsets however much BTC gets sold. Even if nobody sold the BTC it'd just be a neutral event, but since that is obviously not realistic it is a bearish event. Only question is how much will be sold and how gradually is the MtGox holdings distributed - if it is distributed gradually over the next several months we may not see any obvious bearish impact. Best case scenario is the selling is gradual enough so that it doesn't cause another correction like Bitcoin just got through, and so the market won't freak out about it which leads to even more short term selling.

the_lone_unlearned

Ah that's true I never though about that. Nobody wants to hold BCH garbage, regardless of how many people sell their Mt Gox BTC, most will sell their BCH either for cash or in order to buy more BTC.

RangeGreedy2092

BCH

DangerHighVoltage111

That's why it went from #33 to #15? BCH is the p2p cash BTC failed to be and some people are into that.

DangerHighVoltage111

They receive BTC and BCH 1:1 at the current ratio BHC needs just one hodler for 175 BTC hodler and you wouldn't think there were a lot of OG p2p cashers on Mt. Gox?

Exotemporal

Worst case scenario, 140,000+ BTC and slightly more BCH, but polls show that a good portion of the creditors don't plan on selling.

Exotemporal

There are slightly over 140,000 BTC and slightly more BCH going back to roughly 20,000 creditors who have been waiting for their money for over 10 years. We don't know how many of the BTC and BCH will get sold. If I had to guess, I'd say that 50% of the BTC and 75% of the BCH will get sold between next week and the end of the year. I'm a creditor and I'm keeping all of the BTC and selling all of the BCH.

FnAardvark

I've seen quite a few posts about dumping their BCH and holding their BTC on that subreddit. I think people universally considered BCH to be garbage.

nerdiestnerdballer

My recommendation to anyone getting coins from Mt. Gox, sell the BCH and hold the bitcoin, looks like were gonna RIP

dimi727

There is also a lot of BCH? Nobody cares about it?! Maybe BTC will even see positive effects because people will sell BCH and put that money into more BTC

CoolioMcCool

It will probably be a bad time for BCH though. Creditors will receive roughly equal amounts of BCH and I imagine many will be selling that and/or swapping it for BTC.

biba8163

> what gives You fell the bullshit tech narrative. In 2017, /r/cryptocurrency was comparing Bitcoin to tech companies and "doing research" trying to find the crypto with the best **technology and innovation**. They compared Bitcoin to AOL or MySpace saying BTC will soon be replaced by new shitcoins with superior technology. Most of these people lost most their money. A lot of people are continuing the tradition today with DOT, ALGO, etc. https://np.reddit.com/r/CryptoCurrency/comments/7kval4/in_20_years_bitcoin_will_be_to_crypto_what_aol_is/ - In 20 years Bitcoin will be to crypto what AOL is now to the internet. - Lol—try 3-5 years. - I think 20 months tops - 20 yrs? Think 2. - It' ll happen sooner. The world turns faster constantly. Bitcoin is like a fat, slow dinosaur - Agreed. Could be months. The space is wide open for competition. Could def see ETH and BCH taking the crown. - Someday people will think that it'd ridiculous to pay fees and wait time to transfer money and they will buy IOTA - Companies will not bet on a burning piece of garbage like Bitcoin, and whatever they pick will win. I guarantee it. See: Bosch/IOTA. - Hmm your comment has made me think of possibly splitting my portfolio four ways - ETH, IOTA, XRP, REQ. - The sad fact is there are coins from 4 years ago that are better than Bitcoin, we don't even need new projects to take leaps forward. - Tl;dr I think your bitcoins are going to be about as valuable as your 20 hours of free internet CDs from AOL - In 2017 alone, Ethereum, Iota, Ripple, Vertcoin, Monero and Litecoin have all made big moves in terms of tech and adoption. What will 2018 bring? 2019? Will Bitcoin still lumber into 2020?

RebelliousRoomba

The linear blockchain structure of BTC, BCH, and Doge is not scalable no matter what you do to them. If you can’t tell the difference between Kaspa and the other proof of work projects you mentioned then you don’t even know how to evaluate scalability. My statement is not even Kaspa-specific. I like it as a project, but if something better were to present itself then that is where I would place my bets instead. The main point is that linear blockchain is not scalable to the needs of an actual peer-to-peer network, but we know now that proof of work can in fact scale. That is the most important part of the equation.

IndubitablePrognosis

Kaspa is not remotely unique. It's all hype just like all the others, while not really being any better than Doge. It thinks it competes with BTC but it would be lucky to be in the same sentence with BCH. However, in percentage terms it will probably beat Bitcoin this cycle. Lots of bros and bots. 

Bagmasterflash

Privacy by default severely limits XMR The ability to fuse coins on BCH makes privacy fairly achievable.

Kallen501

>Nobody actually uses **crypto**, bitcoin maxing out at 7 TPS Wut? XMR and BCH are used all the time for payments. And ETH is used constantly for smart contract stuffs. Everybody knows that BTC is a hedge fund plaything now. Only Saylor can afford those $100 BTC fees.

MagicMaker32

It's one of four cryptos that are traded on the large US institutional exchange (along with BTC, ETH and BCH)

Ur_mothers_keeper

There's ~100k USD in liquidity on haveno. It doesn't require a PhD, just a computer and a compiler. I find it a little funny that you refuse to use it and then go on to call p2p exchange impossible. Did you think p2p was going to run in browser on a website? You have an on ramp and offramp to Monero right there. All you have to do is learn a thing or two. If you want to do it easy and not use Haveno, you could always buy LTC or BCH and then swap using any swap service of your choice at kycnot.me. fees are pretty cheap for the swap, it's usually between half a percent and two percent.

skyrimbelongstoall

Whats BCH?

tofubeanz420

Satoshi's vision of P2P payments is still alive with Bitcoin Cash (BCH). If you want more information go visit r/btc

bitsteiner

If you look at forks in the past, the value they took is negligible to non-existent. A fork that does steal coins will be totally worthless. If a fork that does not steal coins, doesn't take value from owners, since they own coins on both chains. I went through the BCH fork, sold my BCH and put them back into BTC again, so no loss except some hassle and fees.

Realistic_Fee_00001

>Use ChatGPT, use Google. Its not new information that BCH was 51% attacked, successfully, once Again I explained to you why this is false and I called you a maxi because this false information is spread by maxis deliberately because they hate BCH. I haven't seen it defended to the death by anyone else. >I've talked to people who have accepted the 51% BCH attack. We've had good conversations. It was nice hearing what they did like about BCH. It helped open my eyes of how BCH is indeed its own project, the differences between other cryptos, and why moving forward BCH is still important. Accepting a false statement is being gaslighted. >Yet these mundane posts just try to gaslight that the factual events that happened Again absolutely not. I explained it to you what happend and you had no refute. You only said google bla bla. Which of course leads you to articles written by maxis because their community is just so much bigger. You choose to be gaslit by the majority. If you want to call it a 51% attack, then you have to call it a 51% attack of the good guys.

_Jimmy_Rustler

BCH always performs well during a BTC bullrun. It will happen again once BTC starts pumping.

Regret-Select

Why is it whenever I mention BCH being 51% attacked, someone has to say Bitcoin Maxi? I don't care if you own Bitcoin. I'm not even talking about Bitcoin. Use ChatGPT, use Google. Its not new information that BCH was 51% attacked, successfully, once. Honestly it's not even a big deal. It's big enough deal I wouldn't wasn't to buy or hold BCH. In the future? I don't know. I'd have to see improved security because the 1 time there was a 51%, it was concerning. My only real concern about BCH and the 51% attack is the deniers. It feels very cult like. I'm not buying a coin if the entire fan base is just saying pretend time terms vs what happened on reality. I've talked to people who have accepted the 51% BCH attack. We've had good conversations. It was nice hearing what they did like about BCH. It helped open my eyes of how BCH is indeed its own project, the differences between other cryptos, and why moving forward BCH is still important. Yet these mundane posts just try to gaslight that the factual events that happened, are in their eyes, just some pretend thing lol

wayEyeseeit

Isn’t BCH already dead?

_Commando_

Craig Wright is BCH's ring leader no?

Realistic_Fee_00001

It was not. This is a lie that is spread by maxis. What happened is this: In order for Segwit to be a SoftFork Maxis had to hack it in so that old nodes don't see it. Therefore all Segwit Addresses are "anyone can spend" addresses. When people accidentally sent BCH to segwit addresses their coins became "anyone can spend" coins so BCH miners returned those coins to their OG addresses. A miner tried to steal these coins instead of returning them but good miners outpaced his block and returned the coins to their owners. If you call this a 51% attack then basically every block is a 51% attack, because the network is expected for a bunch of good miners to have more than 51%.

Realistic_Fee_00001

Have you looked into what BCH has built? Cashfusion Cashtokens ABLA BCHBull.com To name just a few. Migth want to keep an eye on this: https://defillama.com/chain/Bitcoincash

Realistic_Fee_00001

More BCH FUD, time to buy.

Every_Hunt_160

Who the hell is mentioning BCH that much?

DangerHighVoltage111

You realized BCH has a unique history and part of BCHs ATH was coinbases botched launch? right? If they had enough liquidity and didn't stop trading there is a real possibility BCH would have flipped BTC and we would life in another world. One with a functioning p2p cash system at the top.

DangerHighVoltage111

People just say what they want to say. If you do nothing they accuse you of being a dead chain. If you do something, you are too fast and you have an altcoin problem. From all the coins, BCH really doesn't care what others say. Otherwise it would be dead by Maxi slander a long time ago. BCH is being carried and developed to be p2p cash for everyone.

DangerHighVoltage111

Yes, censorship and the loss of the ticker and the fact that no one really wanted to fork does that. But it looks much better since BCH did some great work in how a chain is developed to avoid problems like the capture and crippling in the future and since then has done a tremendous job at developing the chain. For example BCH has all the opcodes (and better implemented) Maxis are currently, very disorganized, fighting over. Imo it is just a matter of time when price follows.

DangerHighVoltage111

>It's a small sub, with a handful of active and vocal users. That user base is very much pro BCH, and anti BTC (like yourself). We can't force BTC maxis to come to the sub. If they rather be in their very censored sub where they don't have to discuss difficult questions it is their choice. The sub is open for everyone to ask questions and people with problems like stuck tx are helped quickly in my experience. > So much misinformation and one sided views, too. That's just the view from your narrow standpoint.

Bozzooo

tax fraud and bch is a real bitcoin, kind of did it for me. haven't hold BCH since 2019.

hans7070

>BCHs biggest problems is people who think they know what it is but are stuck in 2017 Or put differntly: BCH always changes and ppl can't keep up. It's all alt coins' problem really.

westcoastjo

Wtf is BCH? A hard fork?

fairlyaveragetrader

Bch? Well you guys are leaving out the story of why it got so high in the first place. The 2021 top is more representative of what it's actually doing. In 2017 you had Roger pumping the price pushing God only knows how many Bitcoin into BCH to try to paint the charts and people just sold into him. That peak was there, sure, but it was a manipulated one-off thing with him or him and jihan If there is a neutral case to be made on it, because everyone only has so many dollars. It's how many X's could BCH possibly do? You probably have a four or a 5X from here if everything goes well but you also have a safer trade with LTC doing the same thing. Same goes for Solana. 5x from here. What's that put it at? About $700? Would not be surprising for a cycle top. Litecoin at 300? Well it did it in 2017 and it did it in 2021 and chances are it will do it again in 2025. On chain fees go up, people get really optimistic, the story of Litecoin being one of the oldest and still most used cryptos. I mean what's everyone by their drugs with? That's right, Litecoin. Functions basically identical to Bitcoin with 1 cent transaction fees. Even have that whole silver argument to Bitcoin gold thing that they were pushing in 2017. Probably bring that one up again. So you guys that really suck at making money. Try to sit and think about where people are going to be next year. What will the narrative be because that's where you want to be now

fairlyaveragetrader

😂 I swear this is why you guys lose money. So we have the same guy who makes these posts all in the same format on a different account this time. Who knows how many of the responses are even legitimate. The future of BCH? Yeah maybe questionable? Hard to say. It's certainly not dead. Litecoin on the other hand. So it got above $300 in 2017 and it got above $300 in 2021 and it always goes on a run when on chain fees go up. It's being accumulated by Wall Street funds. Grayscale has a litecoin trust and the two brothers and a cousin responses are talking down on that? I mean I don't think you guys are going to free up more LTC posting on Reddit if that's the purpose of this? Because anyone with even half a brain cell is accumulating that one along with Solana, along with Ethereum, along with Bitcoin, this isn't rocket science,

Objective_Digit

> BCH was an attempted takeover of Bitcoin. FTFY You're right about ETC though.

nazuralift89

The people who call BTC dead vs BCH dead are two very different types of people

mydanielho

BCH is valuable and will raise in one day

Level-Programmer-167

No. I mean, that's the line they feed you, but it's not the reality of the state of the sub as it is today. It's a small sub, with a handful of active and vocal users. That user base is pro BCH, and anti BTC. You can post about BTC sure, but you'll be ridiculed and downvoted. It's a shit show, pretending to be one thing while its cleverly another. Any three year old could figure this out in a few minutes there though. The description is intentionally and deviously misleading.

NutDust

This post and the majority of these comments make me even more bullish on BCH

DangerHighVoltage111

LTC has two strong suits, CEX transfer and bitpay. And it is used by maxis without shame contrary to BCH. BCH on the other hand has more real world shops and pockets of heavy use like townsville or paytaca. Argentina is another hot spot I believe.

tofubeanz420

The is a lie the BCH was successfully 51% attacked. Simple Google search proves this wrong.

Acceptable_While95

>If you are interested in p2p cash BCH and Monero are your go tos. I just use Zelle for this purpose

ralphyb0b

I don't know anyone who actually uses or has heard of BCH outside of crypto-centric friends.

Acceptable_While95

What's BCH?

SpongeJeigh

BCH is in a rough spot. Litecoin is atleast a testnet for stuff BTC can implement.

x_lincoln_x

BCH did better than BCH?

DangerHighVoltage111

While LTC and Monero are good options, too, BCH is in a unique position of being a bitcoin chain (OG distribution), doesn't have the blocksize limit or segwit bug like LTC and scales better than Monero. If you are interested in p2p cash all three are good options.

x_lincoln_x

BCH is still a thing?

Life-Duty-965

I find this debate fascinating because they are fundamentally the same with the exception of block size or whatever but that doesn't really change much in the grand scheme of things. They are both forks of the same thing. So every positive argument about bitcoin (Blockchain, scarce, secure, etc) also applies to BCH. So if bitcoin "is inevitable" for these reasons then so is BCH. Why is bitcoin "the one"? Because it was first? And that's it? If you believe BTC can push out the established network of USD (integrated into the worlds largest economy shortly after the US was founded) or sterling (been around for 1000 years plus) then BTC itself can't be immune from being pushed out. If being the most established means everything, then USD isn't going anywhere. If BTC succeeds because of its fundamental qualities (and why not!) then why wouldn't BCH? If BTC is only succeeding because it was first and it's the one people have heard of then that's hardly a great endorsement for the "future or currency". You mean it's not succeeding because it's good, it's just because it was first? Yikes. I wouldn't be betting my retirement on that. Why shouldn't BCH succeed if it has all the positives of BTC?

DangerHighVoltage111

As I already posted: It's a bitcoin sub where you can talk freely unlike r/bitcoin. And yes since you don't get banned instantly as a big blocker there are a lot of BCH guys hanging out, this is where they regrouped when they got banned in r/bitcoin when nobody was even talking about a fork yet. And yes r/btc and r/bitcoin should probably change roles, but this is how history went down.

One_Boot_5662

BTC is a dead project really, it hasn't done anything significant for years and worrying about whether it's better than BCH is entirely missing the point. Yes it will plod on wasting energy on pointless hashes, and doing a handful of expensive transactions for those who are uber rich in BTC, but what is it at this point, just a collectable meme token really.

DangerHighVoltage111

👍 And you use the coins that work for you. Now imagine you could have a Bitcoin that would also be easy, inexpensive and fast to transact? That's BCH. And yes the thing with SoV is, people don't believe it yet. BTC has all the faith.

DangerHighVoltage111

For every bCasher they need 175 NgU guys in the Mt.Gox crowd. So they need to make some noise so gullible people sell their BCH.

Regret-Select

I agree that's why it was attacked. I know if it had more miners overall, the issue could potentially be solved Are you yourself interested in BCH?

DangerHighVoltage111

BCH is he better p2p cash, since it has become obvious that the LightningNetwork cannot deliver what it promised. Also in the MT Gox payout creditors will receive BCH and BTC 1:1 so it is in the news.

dmx442

Roger Ver has enough BTC and BCH for multiple generations. Dude was in the 2012-14 generation of OG bitcoiners.

DangerHighVoltage111

That depends on your goal and when you entered. If you are interested in p2p cash BCH and Monero are your go tos. And if you entered BCH before 2017 or after 2021 you had plenty of gains.

DangerHighVoltage111

The only coin called dead more often than BTC is BCH. 😂💪

DangerHighVoltage111

If someone promotes BTC as SoV and NgU he is a smart guy. If someone promotes p2p cash and freedom to transact he is a BCH bagholder?

DangerHighVoltage111

That's a shame because BCH devs have been rocking under the radar.

DangerHighVoltage111

Contrary to popular believes. BCH did better than BCH since 2021 if you DCAed. The also didn't stop developing and today have opcodes BTC can only dream about. BCH doesn't have a blocksize limit either. It is no algorithmically set by what miners actually mine. BCHs biggest problems is people who think they know what it is and maxis who hate it. They are still the biggest group in crypto and kinda set the overtone. But do yourself a favor and look into BCH, you will be amazed and find a gem most ignore. Imagine buying Bitcoin at $300 again.

Regret-Select

BCH was successfully 51% attacked, and that's concerning for me. I'd agree that it hasn't happened again since, to the best of my knowledge. But once is enough that's its scared me off from wanting to own any BCH I've found it also concerning that BCH people will often deny the 51% attack that was successful. Having mistakes happen is one thing, but denying the existence of the event makes me concerned what other things may also be hidden that's bad

pr0b0ner

This is the thing that newbies get wrong, USE CASES DO NOT MATTER. Every single crypto currency that has come out after Bitcoin, has been better technically, than Bitcoin. It's never made a single lick of difference. No one values BTC for it's peer-to-peer electronic cash capabilities, because it's terrible at it! It's always been the case! It was the case during the 2018 bull run when BCH split off from BTC and it's still the case now.

pr0b0ner

I'm honestly really confused why this is coming up lately. Some newbie recently was insistent that I buy BCH "just in case it takes off" and I just couldn't wrap my head around why the fuck it would take off now? Wasn't it's fate decided like 7 years ago when it failed miserably?

coffee_is_fun

So long as entities that matter have large holding of it, it will not die. FFS Canada declared it one of the holy 4 crypto currencies along with ETH, LTC, and BTC. It emerged at the right time to get caught up in sluggish, dinosaur legislation and I suspect there are other countries that reacted in 2017-2018, blessed BCH, and haven't updated the books. This means that BCH will probably have a pathway to a stock market instrument at least in Canada, for example.

hutulci

BCH rejected Segwit, but has received several upgrades nevertheless, some as recently as this year. So saying that it "decided not to evolve" is just incorrect. As for ETC, I have no idea what happened to it after the split but the split itself didn't occur over some controversial upgrade that they weren't onboard with. They refused to rewrite history, which is quite different.

Lillica_Golden_SHIB

Every day there is a post here bashing BCH, so probably time to buy, worked with Solana 😂