BCH

Phoenix-ashesh

Bitcoin cash (BCH) is probably better than BTC. Less fee and more and faster transactions

iAmaHoboSend1Bitcoin

Not BCH?

Cruezin

You fuckin regards Plot spy, BTC, and dxy on the same graph look closely at the "halvenings" Look at what BCH did over its recent halving. What a narrative. Stop reading coinmarketcap and use your puny brains for once. Bitcoin doesn't give a fuck about halvings. Why the fuck would the miners want a drop in the price just before their rewards are cut in half. They don't. They absolutely don't. Sure they may sell some of their supply but rn supply isn't meeting demand. It's why price is so fuckin high to begin with. If there IS a dump it'll be because a) the broader markets are tanking or b) because of FUD. I could see price just mooning if the rest of the market wasn't correcting I am fully loaded with the 'tism and well regarded too so whatever.

Expired-Option

BCH is so fucking dumb and I don’t understand it but goddamn I am happy with my blackout self for placing a stupidly low limit order at the fucking bottom

Expired-Option

Just me casually up 8% on a blackout drunk BCH order I didn’t know about until it was filled at 448 💅

MoneyManMakeItRain

Started investing in BCH as I’m tardy to the crypto party. Down 20% already 🫡

Expired-Option

Robinhood: Your order to buy BCH at 448 has been filled Me: Wtf… when the fuck did I put that order in? *checks order* - 12:30 AM Me: I was drunk last night… I thought I passed out at 11 I’m getting shitfaced before trading this week. Let’s see how that goes

Cruezin

The halving is a myth, perpetuated by regards. Go plot btc vs spy vs dxy. See anything fishy in the last halving? Yeah, I thought so too. Now go look at what BCH did during its halving last week. Ngu. If there is volatility down in the next couple weeks it's not halving driven, it's just regards being regarded and /or broader markets doing stuff. Next thing to look at is miner break even price. The top 5 miners have break evens in the 62k-75k price post halving. The bottom 2 are prolly going to be consolidated or fail and have >100k break evens post halving. Miners can't mine if they don't break even. Ngu, or at least there won't be a huge dip without help from spx/dxy. Honestly the best strategy for buttcorn is just buy it and hold it forever. Wall Street can give me island money for mine.

Kingcoreythefirst

Look into buying Bitcoin Cash (BCH) is about to explode this year

EDFx1

Litecoin or BCH?

anonymousarber

AVAX, BCH, and Link were my biggest moves in that order

Last-Product6425

Why BCH and not LTC?

Affectionate-East789

This isn’t financial advice it’s just my personal opinion but I’ve been studying BCH for a while and am confident that bitcoin cash is the move it’s a sleeping giant huge potential on this bull run . Do your due diligence on this but It has the potential to reach 5k by the end of this year and I’m loading up now

millennial-snowflake

The whole argument that BTC needs to be used as a currency/means of exchange was resolved by the BTC community during the hard fork that created BCH / Bitcoin Cash. They (BCH) took the direction of empowering more transactions for cheaper and their value (very low compared to BTC's gains since) reflects how little it actually helps the blockchain/native coin to have more exchanging volume JUST for the sake of people... Using it. Using it for buying groceries isn't what the world economy needed from BTC, thinking that it needs to be used as such is a fallacy. The world needed an immutable store of value backed by a wide decentralized community that prevents it from being corrupted by centralized interests like our currencies have been by governments, so that's what it became and that's why it appreciates value. Because the whole world is depreciating against it by using highly inflated currencies.

BNeutral

>I think it's very strong point. Those aren't it's only Job. That's it's main job, if it's doing more than that it's overstepping its functions. Other functions like "regulating banks" don't really make much sense for BTC, since it's an inherently bankless system. >They don't directly control it. They are paid for specific computations. The control the miners have is to be part or not of a chain or fork. You can look at BCH, BSV, and whatever else to see chain decisions that BTC did not abide. If you agree with the changes, all your money is available in the BCH or BSV fork, so even disregarding miners, you as a participant of the system have full control of which system you engage with.

sixfootnine

I suggested the r/Bitcoin sidebar. r/BTC is heavily "moderated" also lol and is a subreddit that whole-heartedly shills the altcoin "Bitcoin Cash" and negative news on Bitcoin since the fork, and that deception is intentional. He's not asking for info in blocksize, Blockchain, hash rate, or BCH.

dvdmovie1

FRMO has exposure to crypto and crypto mining, has good management and few people have any idea it exists. FRMO Crypto holding summary from 11/30 - https://www.frmocorp.com/_content/letters/FRMO%20exposure%20to%20crypto%20Nov%2030%202023_summary.pdf First number is held directly, second is indirect/through public and private entities. Grayscale Bitcoin Trust (GBTC) shares 8,994 612,228 Grayscale Ethereum Classic Trust (ETCG) shares 58 4,410 Grayscale Bitcoin Cash Trust (BCHG) shares 2,382 62,524 Grayscale Litecoin Trust (LTCN) shares 348 21,193 Grayscale Zcash Trust (ZCSH) shares 632 Bitcoin (BTC) 152.94 24.26 Litecoin (LTC) 1,954.97 4.98 Ethereum (ETH) 34.97 - Ethereum Classic (ETC) 661.70 3.14 Bitcoin Cash (BCH) 6.74 0.33 Zcash (ZEC) 61.95 17.91 Bitcoin Gold (BTG) - 233.35 Bitcoin Tracker One (COINXBT SS) shares - 6,253

Euro347

They should start mining bitcoin cash $BCH if they dont already

Deesco5

He is a BCH

Euro347

Bitcoin Cash $BCH

Euro347

$BTC -Bitcoin store of Value $BCH -Bitcoin cash peer to peer payment network

Euro347

$BTC store of Value $BCH peer to peer payment network

Pinotwinelover

I couldn't agree more unless it stabilizes it has no currency value it's speculative and that's it. BCH is a bit more tied into practical utilization of bitcoin, but until they can solve that problem, it's a young man's pot of gold, chasing it all the time could be worth 30,000 tomorrow or 150,000. The allure in someways is the fact that it could become a currency, but how can I become a currency without having a stable exchange rate it's all a pipe dream at this point. Everything is a possibility, but the probability doesn't seem very high at this point unless there's massive changes to it.

occultfish

Because BCT hit ATH again then everyone sold. Now you’ll see hedge funds going to Bitcoin cash BCH. Look at black rock and greyscale. They will pump it’s price to 10k while BCT will get to 100k. But COIN holders might want to cut their losses before the halving then re enter after the halving if we follow previous patterns.

occultfish

BCH 🚀💦🦪💥

Ok_Independent_769

Sell 0.05 Btc * 1.05 BCH now, these are your first profits. Hold on to the 1 btc until it its 100k then you sell 0.1. Hold till 1 mill$ then sell 0.5. Sell the remaining later on at higher prices or even spend it, but its probably tax free anyway. You never want to sell all.

labatte

Now convert that trash BCH to BTC

TG_King

Still got that BCH from the fork too. Sell that shit for more Bitcoin lol

newyearnewaccountt

I mean, sure. But other things we use as a store of value don't up and down hundreds or thousands of percentage points in weeks/months/years. That's antithetical to their purpose. BTC has historically not ever stored value, in fact even right now it has lost money since its true inflation-adjusted ATH, people mostly use it for speculation. Even the idea of it being a store of value is post hoc to what it was originally created for. Digital gold was what the people who didn't want to change BTC to be more liquid came up with, the original idea was that it would be a currency. Which is why there's BCH And BSV, among others. BTC doesn't even hedge against the SP500, it tracks it pretty well. Both are approaching ATH, both were previously approaching ATH in 2017 as well.

occultfish

BCH to the moon 🚀 halving incoming , forget BTC this one is bigger 😏

Lively420

I’m buying BTC and ETC to hold for 10-20 years. I’m trading the momentum of ETC/BCH/DOGE/SHIB. Buying 5k blocks and trading the major break outs for minutes at a time sell, buy back retracement. Rinse and repeat. There’s so much money to be made in the next couple months. Sell your losers reallocate that money. I’m in Bitcoin cash right now as it looks like it’s about to gap up from $500-$733. Good luck lads

Melodiiiiiiic

BCH

occultfish

Lunr and BCH 😏🚀🌝

occultfish

BCH*^

plolsgs56

Well played, BCH will replace Bitcoin. Easy 100x from here

snowmanyi

I hold a few grand worth of Monero(privacy coin with an encrypted blockchain, decoy transactions and hidden addresses and balances). I don't see any reason to use BCH over it. But I think Bitcoin is a savings technology while other coins are just payment networks. Monero does feel to me to be undervalued but it is quite hard to acquire as it works and regulators hate it.

MitraMan-Backup

What are your thoughts on BCH? It is technically a better currency in terms of utility. Obviously BTC has name recognition but eventually people might catch on that BCH has better utility.

occultfish

Banbet! $BCH 1000 March 15

haight6716

As noted, BTC is not a good medium of exchange. It has been captured and crippled. But that's what I wanted it for. Imagine if the world decided to use crypto. I can pay for things (or donate) online without divulging any personal info. I can accept payment with no risk of being robbed (if I hold only the public key). I can verify payments are genuine - no counterfeit risk. BCH is a fork of Bitcoin meant to be used as cash, as originally intended. It is still pursuing the original dream and has seen many improvements. Meanwhile BTC development has ossified. The 'number go up' people are late to the party and are here for the "wrong" reasons. I'm afraid the ETF buyers are late to the party and the music is about to stop.

SomeoneElse899

BTC protocol limits the rate of transactions added to its ledger by capping the size of the packet of information that's broadcast across the network. This was done for all sorts of reasons that never made mathematical or economical sense. Keeping these packets small meant there was now a need off load a lot of transactions onto third parties.  In 2017, BCH forked off to increase that size, and was met with a huge smear campaign across all social media bashing people who wanted to increase that size. Since then, BTC kept the limited size which has created a transaction fee market that makes it very expensive to use. It has had damn almost no increase in it ability to scale since then. For all intents and purposes, it's been crippled.

meatismoydelicious

This turned into a long reply, but I wrote it for all readers, not just you, so here goes. Who knows, my guy. Some people are just so accustomed to inflationary assets like stocks, bonds or dollars that I think they just can’t stomach the idea that technology can create absolute scarcity. Because they don’t get that, they hear “number go up” and think it can only be a scam, ignoring the fact that value is not some absolute. In fact it isn’t absolute at all, that’s why art from famous artists can go for hundreds of millions of dollars (sounds pretty number go up to me). They say it has no intrinsic value as if anything has intrinsic value. All value is subjective. A 350 dually with a diesel engine isn’t worth shit to a woman in a nursing home. To a contractor that’s a high dollar commodity. Gold isn’t worth anything if you don’t have anyone who has the money to buy it from you at a fair price or if you aren’t manufacturing electronics. Bitcoin doesn’t either if nobody buys it. If everyone trusted dollars, bitcoin would be worth however much nerds would buy it for. It wouldn’t be worth shit if nobody invested in mining rigs. It wouldn’t be worth anything if literally every currency ever hadn’t been inflated to orders of magnitude of their initial worth. You smell what I’m steppin in. Some people are mad they missed the boat, some just have cognitive dissonance and act like they know it’s baseless even though they’ve spent a cumulative 7 minutes researching the topic. Some don’t like change. Some just distrust technology as a whole. A lot of people are too dense to understand nuance. People are fickle and en masse, idiotic and dishonest with themselves, dishonest with everyone they interact with because they will never take the hit to their ego that is being candid with yourself about yourself. Again, fuck all of them. Fuck me, dude. Forget all of this shit. Study of your own volition. Seek truth no matter how painful or condemning it may be to you or to people you love. Draw your own conclusions. And above all (and I swear I am not proselytizing, just a great example) remember that Jesus was murdered for preaching about love. JFK tried to fix the economy by printing US notes (as opposed to the federal reserve notes we use today, essentially the same premise as bitcoin in its reason for being created-scarcity, hard value) and denied the industrial military complex from going into Vietnam. He was literally trying to save the world and they murdered him for it. Whatever the mechanism is that makes swaths of people hate anything altruistic, you can bet that if someone were to create a sound monetary system, everyone would say it’s a scam. The mainstream media, politicians, reddit echo chambers. Well surprise surprise, someone did it. No it’s worth 5 figures, destined (in my view) for 6 and 7 figures, and still has not been hacked, has not been slowed, has not been changed once. People and companies have been hacked. You can do that with dollars and people do. That’s typically how ransoms work. It’s block interval changes, as it is designed to do. It has been hardforked into BSV, BCH, whatever, the core chain still runs today. “It’s only for criminals.” How many criminals hide dollars from the drugs they sell on a daily basis? How many prostitutes, pimps, human traffickers, cartels, politicians, police, use money to launder illicit funds? Fucking all of them. And don’t get me started on the energy thing because all of the fud around that is utter bullshit. I can name half a dozen ways at least our energy systems and the climate have directly benefitted form bitcoin. Don’t trust. Verify. And you know why bitcoin is worth your investment, your research, your time and money? Because it was literally designed for exactly that. Trust in a trustless system. All of it can be seen, all of it can be understood, all of it is viable, no matter how butthurt downvoters get reading this. It’s a matter of time before people realize this thing is the solution to the gaping fault in our society. One of them anyway. Will it make crooked politicians good? No. People, time, consequences, events, circumstances do that. It’s a start. It’s one fix in a sea of fuckups that is society. One day they’ll see it. In the immortal words of Daddy Nakamoto, “If you don’t believe it or don’t get it, I don’t have time to convince you, sorry."

OmeIetteDuFrornage2

Yes, bought bitcoin in 2013-2014 at an average rate of 400. Sold some of it in 2017 at 2850 just to get my initial investment back and be in the black. Then sold some BCH at 1730 after the fork in 2018, got back again my initial investment. Now I'm still holding most of it and I'm up 1000% in 10 years.

Ilovekittens345

[On kraken the spread on the USD/BCH pair is usually kind of small between 0.04 and 0.02% and it's mainly bots trading there.](https://i.imgur.com/wO4qv70.png) I usually watch the BCH/USDT pair on Binance because 90% of the time the price moves there first and then 3 to 5 seconds later on Kraken. I have never been able to spread trade BCH, there is to much liquidity for that and to many profitable bots. On Kraken you would have to do over 2 million dollars of 30 day rolling volume before maker fees are low enough you could even make any money spread trading. Even then the bots will fill up the entire spread anyways. BCH has a different dynamic though. So most of the volatility is driven by Tether/Bitfinexand the traders responds to them printing USDT. The volatility of the last 4 months can be explained by them printing a good 20 billion USDT. Tether/Bitfinex will print and then 2 to 3 weeks later they will buy BTC and BCH. But because BCH is less liquid the dollar price shoots up higher. This makes traders FOMO in to it which then pushed up the BCH/BTC price. Tether/Bitfinex then uses their BTC as collateral on exchanges they do business with to borrow BCH. This why BCH usually has a much higher interest and funding rates. Then Tether starts dumping their borrowed BCH shorting it after which the trades that know about this patter bump their BCH for BTC. This has cause a decline in the BCH/BTC price for almost 7 years now, but with lots of upward spikes. Depending of if I think the dollar will gain towards the eur or the other way around I trade EUR/BCH or USD/BCH. When I am 100% USD it's becuse I believe USD will go up vs EUR. When I am 100% BCH allocated it's because I believe BCH has much more upside potential then BTC. BTC is not cool anymore. It's being traded and promoted by old pompus wallstreet guys now. BCH still has that rebel image. Also BTC is sabotaged as fuck. Use to be a currency till the suits came in and janked every think that makes currency currency, right out of the code. Did you know if you DCA and would have bought some BTC 500 times over let's say 5 years and like a good Bitcoin believer you withdraw every time you buy and put it all safely on your own hardware wallet. Cause you know, not your keys not your coins. And then one day you send that 1 BTC to an exchange to sell. Most people don't know this but because those 500 withdraws to your address are 500 inputs, you now have to pay for consolidating 500 utxos. At 500 sats/byte this would cost you 33% of your entire stack! Only 0.7 BTC would arrive on the exchange, miners would take the rest. Although currently fees are on average between 30 and 50 sat/byte now that we are gonna see internationial banks use it for settlement fees won't stay like that. They are destined to go higher and higher and higher. One day people will realize how BTC was neutralized to be a threat to the current financial system. One day all bills and coins might get removed from society. When that happens, humanity needs a crypto that can scale. Utxo based, not account base like ETH because they can not be processed in parallels like utxo based can. Now unbeknownst to many, while Satosh Nakamot was still active. A group of early Bitcoin devs like Mike Hearn and Gavin Andresen started working on scaling Bitcoin as outlined by Satoshi nakamoto. In 2015 these devs where trown out of the community by the suits and acces to the repository was taken from them. They kept working on scaling the project like Satosh told them, but none of that code ended up in BTC. All of it ended up in BCH. BCH has had 7 upgrades since 2017. They added block compression, removed the need to store tx forever, only the utxo set, added fast sync, added the op codes need to make Bitcoin turing complete so that you can run a dex on it, added miner validated tokens (not like that ordinal bullshit). Remove the limit of 25 unconfirmed tx that break it when you use it as curerncy, forced a canonical transaciton ordering so the mempool can be valided multithreaded, without maxing out a single core. And much much more. Tech wise it's like 11 years ahead of BTC because the scaling project started in 2014. So the upside potential of BCH IF the market switches from 100% speculative driven to some utility driven is insane. You can basically buy Bitcoin at 2013 prices. See when the market is speculative driven, Bitcoin is da motherfucking kind and BCH is the beggar. But when the market is utility driven, Bitcoin becomes the beggar and BCH the motherfucking king. I have already made my money with BTC upside potential. It's gonna. Sure it will reach 100K but that's only like 2.5x from here. BCH can do a 1000x from her. 10 000x if it comes the next global reserve currency. [Like Satoshi said in an email to Mike Hearn.](https://nakamotostudies.org/emails/satoshi-reply-to-mike-hearn/) > >Hi Mike, > > I’m glad to answer any questions you have. If I get time, I ought to write a FAQ to supplement the paper. > > There is only one global chain. > > The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you’re interested, I can go over the ways it would cope with extreme size. > > By Moore’s Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions. > > I don’t anticipate that fees will be needed anytime soon, but if it becomes too burdensome to run a node, it is possible to run a node that only processes transactions that include a transaction fee. The owner of the node would decide the minimum fee they’ll accept. Right now, such a node would get nothing, because nobody includes a fee, but if enough nodes did that, then users would get faster acceptance if they include a fee, or slower if they don’t. The fee the market would settle on should be minimal. If a node requires a higher fee, that node would be passing up all transactions with lower fees. It could do more volume and probably make more money by processing as many paying transactions as it can. The transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces. > > Eventually, most nodes may be run by specialists with multiple GPU cards. For now, it’s nice that anyone with a PC can play without worrying about what video card they have, and hopefully it’ll stay that way for a while. More computers are shipping with fairly decent GPUs these days, so maybe later we’ll transition to that. > > A key aspect of Bitcoin is that the security of the network grows as the size of the network and the amount of value that needs to be protected grows. The down side is that it’s vulnerable at the beginning when it’s small, although the value that could be stolen should always be smaller than the amount of effort required to steal it. If someone has other motives to prove a point, they’ll just be proving a point I already concede. > > My choice for the number of coins and distribution schedule was an educated guess. It was a difficult choice, because once the network is going it’s locked in and we’re stuck with it. I wanted to pick something that would make prices similar to existing currencies, but without knowing the future, that’s very hard. I ended up picking something in the middle. If Bitcoin remains a small niche, it’ll be worth less per unit than existing currencies. If you imagine it being used for some fraction of world commerce, then there’s only going to be 21 million coins for the whole world, so it would be worth much more per unit. Values are 64-bit integers with 8 decimal places, so 1 coin is represented internally as 100000000. There’s plenty of granularity if typical prices become small. For example, if 0.001 is worth 1 Euro, then it might be easier to change where the decimal point is displayed, so if you had 1 Bitcoin it’s now displayed as 1000, and 0.001 is displayed as 1. > > Ripple is interesting in that it’s the only other system that does something with trust besides concentrate it into a central server. > > Satoshi Am I gambling that the cypher punk nerds will eventually win the war against the suits, even though so far they have lost every battle? FUCK YEAH I am. Power to the people yo. And richess for me. Most people reason the other way around, they say the elite wins everything and will win everything and it's better to gamble with them then against them. But those people just don't believe in Satoshi Nakamoto his invention and vision like I do. They just don't yet realize how disruptive it truly will be when the last boomer has died and "What is money is in the mind" find more open minds ...

wayfarer8888

The Bitcoin clones like Litecoin and forks like BCH are still around and have some market capitalization in the billions. Also, Ether is doing pretty well, it is going in lockstep with Bitcoin like a joined twin. There's roughly 120 million Ether, sometimes it's even deflationary. At 2500$ times 6 (120/21) it's like 30% of Bitcoin's market capitalization. However, you can liquid stake Ether without much knowledge and earn rewards, something you can't do with BTC. And run smart contracts. It's not wasting huge PoW resources. I could see Ether replacing Bitcoin as store of value. There's other faster Layer 1 solutions (Solana is the only real threat so far, SEI looks interesting but is very early, the others fizzled like AVAX, Fantom, Moonbeam & Co.). With the recent zero knowledge L2s there's no need for an outperforming L1, a slow but safe L1 settlement layer works in practice, even the big brain 🧠 peer-reviewed Cardano folks seem to head this direction. tl;dr Bullish for Ether.

DueWarning2

What’s the spread on BCH?

Ilovekittens345

Tell me about it. I have been trading on Kraken for the last 4 months or so, trying to get in and out of a trade once a week. I have averaged 1.7% gains per week for 12 weeks straight now. (on about 160K capital). For a whole year I stopped trading crypto cause of how dead it was but now volatilty is amazing again. 2 weeks ago or so I dumped BCH at 280 and bought back at 220 3 days later.

haight6716

>I just have observed anyone advocating for crypto or BTC eaten alive on this sub for years. (Looks around) This sub? We don't abide shills, but we often discuss what other coins do better or worse than our favorite, particularly BTC. Heck there is better BTC discussion here than the main sub - we're allowed to be critical. Speaking of which, wen BCH etf? It's getting a boost almost as big as BTC today (almost, always the way, cries in beer).

Ilovekittens345

> What's it going to do, crash? With the prospect of a hundred billion + to pile into the ETF's in the coming months? Quite unlikely. You are forgetting about the 30 billion dollars worth of BTC, ETH, LTC, XRP and BCH that's stuck in Greyscale. Once ETF aproval is there, the road to being able to offload that on the market is open.

HumanitiesEdge

I have a friend with the same degree you have. He has some bitcoin and eth. but hasn't sent it to cold storage. In fact he doesn't know as much about it as I do. He still has it on an exchange. And I'm going to school to also get a degree in computer science. But I do have experience networking and building computers, installing OS, although its way easier now. I was a part of tech support courses in highschool and managed the school district computer network as part of the course with the teacher. Bitcoin is actually what's pushing me to go back to school. It's also helped me save money because it's easy to send it to cold storage and forget it. I don't have a phd, or whatever. But you don't need one to "get it". \>It's not unique, the tech is horribly inefficient in most contexts, and there is no real technical advantage of btc over many other solutions. 5 billion people on earth do not have access to banking services. I don't know where you live, but as an American we are very privileged with our money. Most fiat currencies have an average lifespan of 35 years. Our current system is terrible and excludes most of the human population. We are lucky to still be using ours and that it still has value. And BCH if it was used as much as bitcoin would take up your living room with hard drive space. The reason the MAJORITY of users wanted to keep the blocksize small was to keep the prices of full nodes down. So people could afford to easily audit the network. It's less than 500 dollars to run a bitcoin full node because the hard drive space has been kept to a minimum. Go try that with Eth. BCH gets away with what it says because it has next to no network traffic. It is not the "original chain". Satoshi would not one full nodes to outprice average peoples spending power. With bitcoin I can send money to anyone on earth in ten minutes. With no 3rd party to verify the authenticity of the transaction. Plenty of smart people didn't get it, either. Like Larry Fink. But he gets it now. https://dailyhodl.com/2023/10/18/blackrock-ceo-larry-fink-says-bitcoin-and-crypto-will-play-a-role-in-investors-flight-to-quality/

Ilovekittens345

How on earth could you facilitate that? There is no way to know if they have a copy of the private key. It's impossible to sell private keys as the buyer is at risk of you having a copy and moving the coins to a different address, forcing them to move the coins to a different address themselves. This also creates a ledger entry anyways. Also what's the problem with a ledger entry? It's all addresses, and you can have infinite addresses. Default wallet behavior is to never use the same address twice. If you need privacy you can buy BCH, atomic swap it for Monero and your trace is a 100% hidden from even the NSA.

Ventury91

So you literally Fomo'd the top. Your using this as a justification against the fundamentals of Bitcoin? Your also equating BCH to BTC? I expect you'll be the exit liquidity for the next cycle top based on this lol.

SatoshisVisionTM

It moved from Reddit to Twitter around 2015'ish, when the fork wars were at their peak and all of the signal moved to Twitter. All that was left were the moon-bois, the lambo-bois, and the salty bagholders of BCH and BSV. There's a number of great resources available online. [lopp.net/bitcoin](https://lopp.net/bitcoin) is a very high-signal-to-noise one.

libretumente

The SEC hasn't done shit yet. Just an unknown media outlet from Singapore owned by BCH maxi Jihan Wu speculating.

sleepwalktalk

Bitcoin Cash is BCH or Bcash as you say, it's always been called Bitcoin Cash & this is because it's a hard fork of the original BTC Bitcoin blockchain sorry my bad for using abbreviation BTC cash Honestly BTC & BCH are both rubbish in my opinion, both have scaling issues - neither scales well BTC was pushed as a replacement for fiat currency - this is absolute garbage Bitcoin is severely limited by block size & block creation time, both of which create.a backlog of transactions when attempting to handle any significant volumes. I have witnessed 1st hand people paying higher fees to have jump the backlog que. BTC whales & node operators have been working on lightning network forever, however it keeps failing due to issues with scalability again, security & liquidity. It's poop on top of poop lightning poop 3 is it now? so they switched the BTC narrative to digital gold & a store of wealth until they can figure out how to implement a lightning network solution or other layer 2 bandaid Technical limitations aside & back to my original comments on governments, laws, taxes & how they lead into contracts & exchange of fiat currency or digital cryptocurrency BTC will never replace fiat currency or gold BTC is enjoying much hype & fractional trading to manipulate the price Blockchain is genius BTC is the perfect introduction to the potential & pitfalls of blockchain - nothing more - not a stone of wealth - not the new world digital currency - just a neat little distributed blockchain ledger, an introduction & novelty that proves blockchain can work & that blockchains run into difficulties pretty quickly when trying to scale whilst maintaining security & balancing it with liquidity Not really sure you are grasping the overall linked points of why BTC is limited inherently & the challenges it faces for mass adoption & continuing narrative of wealth storage Guess we will see in coming years if the shine wears off & BTC is superseded in capacity, adoption & overall market cap ...

emlex932

People used to trust the mempool. for small amounts but thats no longer possible with RBF. and noone is gonna pay 10 bucks in fees for a cup of coffee. Ligthening network is also not good and can't use hardware wallets. Right now people are taking BCH more than BTC and that's silly. I belive gnosis (eth sidechain) with gnosis pay is what will take the market. cus it intregates into the visa system and it has on the spot conversion of crypto you hold. could be any erc20 token in the future

Amber_Sam

>You are correct in saying they are not usable on the BTC blockchain & yes they don't impact the 21 million BTC coins that will be minted Thank you. The reat of your comment is wrong, again. >a new variation of BTC which is called BTC cash There's no such thing as BTC cash, it's called bcash or BCH. And no, it's not scaling better than Bitcoin. They just made blocks larger. If you think that BTC is inferior to BCH because BCH has 8 times larger block capacity, learn about BSV (fork of bcash) that has thousands times larger blocks. Yes, they both are shitcoins. > in my opinion Good luck with your opinion. >Most people don't understand blockchain & the technology is still very much new & finding it's feet That's why Bitcoin's price is volatile and people still buy shitcoins. Give them a few decades and come back.

leggenda_69

You’ve wrote an essay about prices that cherry picks facts, after accusing me of cherry picking picking facts? Which yes I did do, as for any kind of sensible analysis dates and prices need to be cherry picked? Otherwise you’re just blindly stating history. 6 months before, at the date of and 12 months after are the dates I’ve used for my analysis, you’ve gone for unnamed random dates. ETF, interest rates, boomers etc etc etc it’s all just noise. All been made before. ETH ETF of over half a decade ago caused a huge sell off after a few weeks when buyers realised it was just con. Caused a huge sell off crypto in general as customers associated it as the problem. Were you banging the BCH bull run drum as well? Anyone bragging about a half arsed position in crypto land is usually as determined to be correct as yourself. Why didn’t you sell your MARA for a huge gain and rebuy last year? Not selling the cypto makes sense because of transaction fees and hassle etc. Bragging like you’re some kind of crypto veteran 🤦‍♂️🤣😂

t_j_l_

Any clone won't have the same value or security due to the network effect. See BCH for example. You can clone WhatsApp easily, but if no one uses it...

Sovietjero

As I mentioned, look at LTC. I live in the EU and with the pretty decent but vague laws it’s easy to convert euro’s to LTC, just like BTC or any other coin/token, and get in a ltc core wallet wich I could set up in minutes (if you have a ssd ofc) without any costs. When you try to do that with BTC you will at least once or more incur some pretty hefty transaction fee for people who don’t transfer massive amount of money for the first time. LTC is what I mean by crypto as cash, and that’s how I use it. It’s just as any currency or commodity like gold or silver, it’s about trust. I use it as a way to transfer between currencies yet I don’t fully trust it (ie heavy price fluctiantions from time to time). I buy what I need and transfer it where I can exchange it for some other currency for cheaper or where I need it without waiting for day on wires or banktransfers, sometimes. I keep a small amount in reserve just like I do with every currency I need just not alot. I use LTC as an example just because I use it but look also at BCH. It has one layer, it is fast and low transaction fees. Is it perfect? Probably no, that’s why I don’t use it. Neither do I trust any crypto fully tbh. I used bitcoin and tried the LN network, for some small amount on some weekly basis and the fees for withdrawing from the exchange were considerably higher then any crypto token other than ETH or some random dog token on that chain. ffs even dogecoin has lower fees if you can transfer and convert immediatly.

Valvador

> I'm not saying it will be but why not? As I explained it is secure, decentralised and neutral. Those are only three qualities, and for Bitcoin specifically the "security" comes at an EXTREMELY steep cost in electricity. The way Bitcoins are generated also creates terribly class-inequality between those that did and those that didn't. If you think today's income/wealth inequality is bad just wait how fucked things will be if BitCoin becomes an actual asset that is traded by the mainstream. > Right now Bitcoin is inflationary, but with most of the coins being mined and the inflation rate being low (and will continue to decrease) most people would consider it to be deflationary. It's deflationary because if you use a BitCoin as money in a stable marketplace the increased scarcity of BitCoin creation causes the value of BitCoin vs the goods you can buy with it to rise. This is a problem because it essentially creates economic hoarding. A small amount of inflation is good in society because you don't just have someone get rich and sit on their money for the rest of their life. Inflation makes people want to spend their money, create jobs and pass on some of their wealth to others. BitCoin does not have that function, and it's directly at odds with it. > All of BTC's hard forks (BCH, BSV and their derivatives) have been priced as failures by the market, as they simply could not compete. Isn't that a problem? At least ETH successfully moved from PoW to PoS and saved some global energy consumption. As society and technology evolves, we've been able to improve global payment systems. Some of these systems have been imperfect, but as someone who travels internationally I've gone from having to bring cash with me and exchange to local currencies to literally being able to just use my credit card abroad. These have all been minor technological improvements that have been adopted over the years. Blockchain by nature is extremely resistant to mutability. BitCoin and BlockChain is a system optimized around security, decentralization at the cost of basically everything else. It's literally the epitome of software engineer "idealism". It's the kind of solution you come up with when you ignore the complexities and the reason why the complexities of systems its trying to replace exists. Majority of systems that deal with humans and human society need a little bit of "give" built into them.

PrimeEXE

>BitCoin, and coins made on the Blockchain are deflationary in nature, which makes it extremely bad as a currency because there is more value to holding it than ever spending it. Right now Bitcoin is inflationary, but with most of the coins being mined and the inflation rate being low (and will continue to decrease) most people would consider it to be deflationary. To my knowledge apart from ETH which is sometimes deflationary (still not important since it's monetary policy keeps changing) based on it's transaction volume no other coin is currently deflationary. Bitcoin can infinitely be subdivided so from Bitcoins to sats to msats and so on. I would imagine that people would only trade their Bitcoin for high quality goods or services or necessities. ​ >BitCoin is a weird tech asset that has no intrinsic use or value, but a shit ton of people trade it at crazy values. What happens when the smart people working on blockchain unveil the next iteration of blockchain that isn't backwards compatible with ETH or BitCoin, and it becomes a massive improvement over the old tech? Bitcoin's value comes from it being the most secure, decentralised, neutral network in existence (you can DYOR to verify this, it's a long explanation). Due to this with it's hard capped supply it cannot be debased, confiscated or diluted. Additionally it scales in layers. On the base layer it acts as a store of value, it's most prominent layer 2 Lightning, is a fast payment system (faster than visa in certain scenarios, It has been growing quickly over the last few years so it's inconsistency will eventually be fixed) and on top of this a censorship resistant form of media is being built. There are multiple layer 2s and 3s and potentially above being built which adds to the utility and value of BTC. BTC rarely has hard forks. BTC is the original and most prominent chain so you don't need to worry about backwards compatibility. One of BTC's principles is immutability on the base layer. Updates to it are rare and are always(99.9% sure) soft forks so they are backwards compatible. All of BTC's hard forks (BCH, BSV and their derivatives) have been priced as failures by the market, as they simply could not compete. BTC 's essential features from my point of view are near complete. The only things that need to be improved is better privacy generally and a non-custodial solution for if it grows to being used by the vast majority of the population. It's pretty much solved the blockchain trilemma by scaling on layers so I'm bullish on it. ​ >Maybe there is a future where the most popular transaction scheme is BlockChain, but it won't be BitCoin and it won't be today's iteration or Blockchain. I'm not saying it will be but why not? As I explained it is secure, decentralised and neutral. It has a fixed supply, no premine or ICO and it is continually scaling in layers to fix is shortcomings. So personally I don't see a reason why it couldn't be the most popular form of transactions. It would be nice if you could explain why you disagree.

GETSOME88-007

It’s possible and an excellent idea! Would have to build the platform on an electronic “blockchain” technology though with “smart contract” ability. To avoid fraud, should be open source, proof of work secure, fast and cheap to use for billions for transactions daily. The only Block Chain that meets those specifications seems to be “BITCOIN CASH (BCH)”. I’m sure developers are working on it behind the scenes…….

Hagtzel

Gold has real world use cases and is very scarce. Bitcoin? You can just fork it (BCC, BCH) or release a new cryptocurrency altogether. You can't fork or release a new gold, it's chemical properties are unique. Also, even just as an investment it makes no sense to compare something that old the world's major governments strategically try to hoard, with 6000 years of history with a speculative, useless, uniquely consensus-based blockchain.

riftg4l

2018, BCH/BTC \~.18 2019, \~.05 2020, \~.025 2021, \~.013 2022, \~.006 You hope that the .01 peak will continue rising don't you? As for Gold/Silver stocks? You mean miners? Maybe you could just buy some rocks, just be sure to scan them with your XRF and drill to check for tungsten.

deathlyharry

COMP and BCH have been going fuckin crazy

whistlerite

I just tripled on BCH you dorks don’t you know crypto only goes up 🤷‍♂️

MaxMoney2021

BCH accumulation face before the real FOMO begins. FIB 4.618 indicates a TP 20K - 30K

Unlikely-Law-9577

What is up with BCH

Wooden_Lobster_8247

Crypto ain't got no problem with a lil civil war action. BCH! Let's go cyka!

mickeys_dead

BCH is gonna keep me diamond dicked over the weekend

Informal_Edge_9334

Of course, nothing more annoying then cucks on here that just jump down peoples throats for 0 reason. POS contracts depending on the chain and how they are written are read only contracts on the blockchain so they can't just "change". There have been instances where they have changed but those are not big contracts, and are generally scams setup to bait people who are new to the scene. IE aave protocol has 3 versions now, each time they want to change the contract they also have to get people to withdraw and put back into the new version of said contract. This is part of the reason people like to throw around the "code is law" or w/e it is in the community. The POW scenario of miners just forking code and making those addresses worthless is also not true. BCH is an example of this, they hard forked off of bitcoin and improved it with various ways to make blockchain more attractive to mainstream with cheaper and faster transactions, via larger block sizes its basically a better version. But only a small fraction of the people actually changed. Forking a repository is essentially just duplicating it and creating a new cryptocurrency which you would have to relist, rehype, find new miners etc, BTC is successful because of its history so that scenario just makes 0 sense. The actual mining is also fairly centralised with two mining pools controlling 51%\~ of the entire hashrate BTW. "just forget about price for a moment. It’s an asset that no one controls but you, AND it’s digital.." - this specific point makes 0 sense at all, so you are buying into an idea with no want for gain? You are just going to hoard BTC, never spend it? you'd be better off just hoarding cash, or buying gold at least you have a tangible asset that has consistent utility. If 1btc = 1btc what does 1btc get you? why does it have value if you are not caring about its value it trades for other things? You might own your BTC and can say thats "yours", but I can do that with a painting? I can buy wood and say that same phrase? whats the point of owning something digital with no utility at all? or the utility is constantly good and bad ? I strongly believe in BTCs manipulation so much that I still think there is going to be another bull run before SPY actually crashes, as a way for big players to cash out and put back into stock market (IE blackrok from this post). TI can be convinced if there is a genuine use case for it but I am yet to see one? I did not leave, I still have bitcoin I am just self aware that just like everything else on this planet its heavily controlled by a small group of people under a disguise of "decentralisation". The money I have in BTC is the casinos money, if it lands on 27 black great I win! if not o well just another night at the casino. The price also doesn't bother me at all, my point is that for its size it should not be as volatile as it is, especially when you compare it to other asset groups. Shares I own with less than 1b market cap are less volatile than my BTC wallet. I agree the concept is cool, and sounds great but in reality its just another more centralised money pit where the rich can consistently steal from the poor with 0 repercussions

SomeoneElse899

If you've been involved with bitcoin for more than a few years, you'd be aware that something has been awry for a while, specifically around the 2017 fork with BCH. The protocol appears to have been intentionally crippled and I'm assuming it was done by entities who would have a lot to lose of it took over as a common currency.

tuna6010

BSV/BCH cope

Anonymouslystraight

My bullion brotha, though you are right, Bitcoin is pseudonymous and still technically traceable that doesn’t mean you can’t get some that are not traceable. It’s important to note in this game of BTC vs BCH which crypto is gaining adoption and a growing community. Btc adoption and community is much bigger than BCH. BCH price has depreciated against btc since inception meaning you would be better off if you bought btc at BCH inception. As for another crash, it’s possible for a small crash but it would recover rapid. For example, we experience big crash with crypto casinos (ftx, Celsius, BlockFi, etc) combine with higher interest rate. I believe after the events of ftx the markets been healing especially after the fed “lend” money to SVB bank. Tether failing is a sight to see though, I was betting it to fail this bear market. Ironic because it looks like usdc has a chance of failing.

GoldDestroystheFed

Imho, the fork was a ploy to corrupt the original vision of the project. I think the 'Lightning Network' is a flaw, not a feature. BCH is looking like it has bottomed out & it's ratio to BTC has been rolling over recently. If not BCH, one of the privacy coins. The tracking of all transactions on the chain was what kept me from being a fan of the project when I first read the white paper - an intel agency's wet dream. The market for crypto may have bottomed, though tether going bust could have a massive effect. Check the chart of Tether/USD quoted by Kraken - I think it is losing its peg. Tether is backed by treasuries, supposedly, just like the banks have been & those treasuries wrecked the bank's balance sheets which means it should have wrecked tether's balance sheet. Either way, I'm comfy af with my bullion & won't be losing any sleep 😎

Anonymouslystraight

Bullion here too brotha. BCH I would stay away. It’s a failed btc ripoff. Brotha the crash happened already, we’re going to enter Quantitative easing again.

GoldDestroystheFed

I'd rather have bullion. I've been thinking that BCH may become the dominant cash crypto asset, though I'm going to enter that position when the market crashes with binance & tether's implosions.

phro

BTC boomed and fizzled because it was maliciously and deliberately crippled at the base layer. Fees became prohibitive to every use case it had accumulated before throughput became inadequate. Long holders and people with money parked speculatively don't feel the fees or care about fast confirmation. People trying to use it as p2p cash like it says in the white paper felt it immensely. This is what proponents of BCH had been shouting before a fork ever occurred.

Currently_There

BTC reward halves next year. Now consider this source… lastly, BTC is the fork that changed protocols, BCH kept to the original rules… which is literal proof that BTC cap can be increased by changing the software and just taking the moniker “BTC”

ThyC0BRA

Proof of work crypto valuation is similar to actual mining. I’ll use silver as an example. Even though its price is subject to market forces, there is a price (let’s use $20 / oz as example) that shuts down mining operations. Demand rises, price goes up, mines turn on the trucks & plants. Bitcoin isn’t shiny, but it takes a metric shit ton of energy to mine. The halving schedule lessens the block reward (how much you mine every 10 minutes) ensuring it takes 2 metric shit tons, then 4, then 8, etc. The amount of actual energy expended is its basis for its value. As far as crypto having the same utility as cash, I like Bitcoin Cash (BCH) for this. WhyBitcoincash dot com should be the window into the ecosystem. Bitcoin has been around awhile, and along the way there were rather fierce disagreements about the protocol, block sizes (transaction limits) and segwit protocols, and wanting to be a digital store of value, rather than peer to peer cash, settled quickly. I don’t know a lot about the technicals, but Bitcoin supporters split and the ones that had a different view forked the chain to Bitcoin Cash. They increased the block size 32x to prevent network congestion for an efficient peer to peer digital currency. It forks again, too. But if you’re interested in any of this, you’ll find it while researching.

Ceenoh

This dude uses his influence to strengthen his interests. (Who doesn’t, no offense) but the bad part here is that his interest ist Bitcoin Cash, a fork of a fork. I have seen him on twitch and everything he does and says praises Bitcoin Cash. He wants new money in the project because he has so much skin in that coin. His tweets are like stealth ads for crypto. (BCH) The fiat financial system is not magically going to fall apart, even if he advertises it.

ThyC0BRA

My good man, crypto is not up… It’s just not dead today. I have a few dozen crypto assets, and the only 3 that didn’t lose double digit percentage value over the last month (before today) were BCH, XRP, and BTC. The only one that went up at all was ALPH, and it rallied 300% - and hasn’t dumped yet.

VisualMod

>I believe that BTC will continue to go up in price due to the fact that it is a limited resource and more and more people are becoming aware of it. I also hold other altcoins such as ETH, LTC, BCH, etc. but I think BTC will be the best investment in the long run.

Conscious-Proof-8309

Interesting that the TradFi exchange EDX is opening soon, with only those 2 + BCH and LTC available 🤔. I'm sure this and Cramer calling for crypto investors to sell are completely unrelated to that little nugget 🙄

FarLog4503

Coinbase Wallet Stops Support For Ripple (XRP), Bitcoin Cash (BCH)

BN3140

Lol. You saw a commercial and you thought it was real. Like, has McDonalds ever been as happy as it looks in the commercials? Do you know what they do in the back? You don't own your crypto unless it's in a non-custodial wallet. BCH is the true Bitcoin. Crypto is digital cash. Everyone that did their due diligence knew FTX was banker coin.

NateNate60

The issue is that Bitcoin is only whatever its users accept to be Bitcoin. There is no central "Bitcoin developer" team that can make these decisions unilaterally. If a change is made and users refuse to go along with it, that's called a "hard fork". The new code splits the blockchain and becomes a new coin. Case study: some developers proposed a change to increase the maximum size of a Bitcoin block from 1 MB to 2 MB. This would increase transaction throughput at the cost of making it more expensive to operate a Bitcoin node. The change was made and the Bitcoin community was split over whether to accept the change. The two groups of users operated on two different blockchains and a hard fork occurred–the one that had a max block size of 1 MB and 2 MB. The 1 MB chain (original) won out over time in terms of users, while the 2 MB chain became Bitcoin Cash (BCH), losing the BTC moniker.

usayhesjustafriend

to whoever suggested BCH > ETH, thank you

PandaKOST

What does BTC do better than BCH or XMR?

CobaltEchos

I jumped on the meme train like it was the hottest shit in town. Got my ass burned on said hot train as well. DOGE, BTC, BCH, GME, AMC, with some Disney and Honda. I'm pretty sure I hit all the required WSB stocks.

CobaltEchos

I think I'm doing this right... DOGE, BTC, BCH, GME, AMC, with some Disney and Honda.

chaintip

*** u/gamesexposed, you've [been sent](https://www.blockchain.com/bch/address/bitcoincash:qrelay2s32cf0aqm6vg8xqplvde4dtmljcks58cm3a) `0.36808686 BCH` | `~45.58 USD` by u/i_have_chosen_a_name via [chaintip](http://www.chaintip.org). Please [claim it!](https://www.chaintip.org/reddit#claim) ***

t8ap8YqG3xaTEUMgyed3

Theoretically, anyone can make a change and fork BTC, but it will fail without the support of the majority of node operators and miners (like what happened with BCH). BTC is significantly more decentralized than ETH because of the interplay between miners and node operators. ETH will continue to become more centralized due to the switch to proof of stake... staking will become concentrated on exchanges, which are subject to regulation. I'm not trying to say ETH is crap. I run a validator at home, and I'm along for the ride. But I like to understand the strengths and weaknesses of anything I'm involved in. I have much more confidence in BTC. Of course, they serve completely different purposes.

paulversoning

That's alot of BCH

ThyC0BRA

You should look into what’s going to possibly happen when ETH crypto transfers from proof-of-work to proof-of-stake here in a few days. I got a message in Robinhood today that if someone forks the chain, your account will have 2x the ETH in it. It’s happened before. When BitcoinSV forked off Bitcoin Cash (BCH) everyone with their coins in a hardware wallet (Ledger) had 2x the coins. They had to do something to separate them so one wouldn’t turn into the other before moving them, though. I’m mentioning this because I can’t do it myself (my ETH is staked, locked) and it’s worth a Google search for someone that really needs to double their money with no inherent risk. Godspeed.

Away-Gene8605

I’m not a financial advisor. Im almost in the same situation. Oh wow I’m sorry bro. But if you still have a job. Open an account with another broker and buy strong company with positive earnings and low share price value. You will get the money back. I been buying low cost shares from companies with a strong earnings. Also I own BCH coins, Litecoin, Dash coins.

SmallerBork

He is a fan of Warren Buffet, Berkshire Hathaway owns like 9% of it, so he likes it. He will often cite him, Charlie Munger and Klaus Schwab to me for his stock opinions, particularly with regard to cryptocurrency which I told him I've been buying for 2 years. ETH, BTC, and BCH mostly. He has told me he doesn't like their political views which I agree with but their political views are tied to their investing philosophy which is why I don't trust them when they say not to buy cryptocurrency. Yes their investing philosophy works for stocks but the good cryptocurrencies undercut their ability to manipulate the economy with their friends in the FED, IRS, and treasury department.

CraZplayer

Omg how did you know BCH is going up $29 tomorrow?

AMediocreWhiteGuy

I’m into BCH and ADA on that front.

arBettor

Sure, bitcoin is more volatile than gold. But that's beside the point. As far as learning new shit, that's a fair point. There's certainly more chance of user error, like sending BTC to a BCH address, and having to wrangle with the exchange to recover it. I'd still say that bitcoin is easier to sell than gold for a knowledgeable and cautious user, but for the average person perhaps it isn't.