BCH

Future-Turtle

> ~~BCH~~ Cryptocurrency is a shitcoin developed by a tax evading criminal.

ThreeTonChonker

BCH is a shitcoin developed by a tax evading criminal.

hepukesyoudie

WSB BCH indicator at all time highs

AmericanScream

> Considering this is in r/investing this is quite possibly the dumbest post I’ve read. I suggest OP takes more time to understand what the current monetary system is and exactly what bitcoin is. #Stupid Crypto Talking Point #18 (Few Understand) "**You don't understand**" 1. This is what's known as an "[Ad Hominem](https://en.wikipedia.org/wiki/Ad_hominem)" fallacy - aka "attacking the messenger" as a distraction from arguing the core points made. 2. This is what we call, "[Crypto Gaslighting](https://www.youtube.com/watch?v=tspGVbmMmVA&t=571s)." Crypto proponents pretend that we're not smart enough to recognize the value of crypto, therefore there's something wrong with *us* and not the phony reality they're peddling. 3. Almost never does the OP actually explain what it is they understand and we don't. It's merely a way to dismiss any opposing viewpoint without actually addressing it. >There will only ever be 21 million slices of pizza. #Stupid Crypto Talking Point #4 (scarcity) "**Only 21M!**" / "**Bitcoin has a "hard cap"**" / "**Bitcoin is 'scarce' and that makes it valuable**" / "**DeFlAtiOnArY cUrReNCy FTW**" / "**The 'halvening' will make everything better**" 1. It's well established that scarcity is not a guarantee of value. It's very telling that clinging to such an overtly irrational argument demonstrates that crypto people live in a tiny "bubble" where they reject all manner of empirical evidence against their "beliefs." 2. If there only being 21 million BTC were reason for it to be valuable, then why aren't other cryptos that also share similar deflationary characteristics equally valuable? Why wouldn't something that is even more scarce than BTC be even more valuable? Because scarcity is meaningless without demand and demand is primarily a function of intrinsic value and utility -- *not* scarcity. See [here](https://ioradio.org/i/value/) for details. 3. Bitcoin has no intrinsic value and no material utility. It's one of the least capable stores or transfers of value. The *only* way anybody can extract value from crypto is by coercion -- forcefully convincing someone (usually through FOMO or scare tactics) that this is something they need, and it's often accompanied by unrealistic promises of significant returns. Those returns are mathematically impossible for even a tiny percentage of holders. 4. Bitcoin also is not scarce. There are multiple versions of Bitcoin, including Bitcoin Cash and Bitcoin Satoshi's Vision - both of which are limited to 21M tokens and in many cases are more technologically advanced than BTC. Also, every time there's a fork of crypto, the amount of tokesn in circulation doubles. Crypto proponents ignore these forks because they don't play into the "it's scarce" argument. But any crypto fork absolutely siphons value away from the original version. BTC might be priced higher than BCH, but BCH still holds value as well, and that's a total of 42M just of those two "bitcoin" versions that are out there, among hundreds of others. 5. The "hard cap" of 21M for BTC can easily be changed by altering a parameter in the source code. Less than 6 people have commit access to the repo so BTC's source code control is centralized. It's entirely possible if BTC existed long enough to the point where block rewards weren't enough to motivate miners, and transaction fees became incredibly high, that influential players in the community would advocate increasing the cap and reinstating higher block rewards. So there are absolutely situations where the max amount in circulation could be increased. 6. Even assuming BTC is limited in production, when it co-mingles with unsecured stablecoins like USDC and USDT, it is subject to inflation via stablecoin/liquidity inflation in the market. In reality, nobody really knows what the true price of BTC actually is given most crypto transactions at CEXs are done with stablecoins and not actual money. The underlying liquidity has never been accounted for. 7. The scarcity of bitcoin basically amplifies all the wealth disparity dynamics crypto people complain about in the real world, which means in a world where bitcoin was a dominant store of value, there'd be an even greater concentration of wealth and power in the hands of the few. Ironically, Bitcoin's scarcity is one of its greatest liabilities. See [this detailed video for a more in-depth explanation](https://youtu.be/g3iqbB6URHA).

AmericanScream

There's already more than 21M "bitcoin". Bitcoin has forked multiple times into separate blockchains: BCH, BSV, etc. Any value those other versions hold is value diluted from BTC. Since value in the world of crypto is arbitrary and based on subjectivity, at anytime, if enough people decided BCH was the more valuable bitcoin, the market would change. There's no underlying intrinsic metrics like in traditional markets. It's all arbitrary (and thus, materially meaningless)

AmericanScream

The whole concept of bitcoin and crypto is based on a few fundamental LIES: 1. Inflation & Money debasement - everything costs more money, and it's all the result of the Fed printing too much money. (Never mind the more accurate answers like corporate greed, tariffs, political conflicts, war, supply chain issues, oil prices, etc. Crypto is not a hedge against inflation) Crypto bros love to harp about inflation, but only because that's an angle they can pretend their digital beans have some advantage (because bitcoin is supposedly a fixed supply, it can't be debased - this is false on multiple fronts, especially due to the price inflation unbacked stablecoins are creating in the market). 2. "Decentralization is best" - Crypto bros pretend that decentralizing something makes it instantly better. They rarely can explain beyond just spewing that vague talking point. But in the real world, people prefer centralized entities that have checks and balances and accountability. 3. Fearmongering and FUD - Believing everything is going to fall apart socially and economically, but somehow this elaborate network of digital dingleberries will magically stay operational and prosper while everything else around them fails. Crypto bros claim to have no faith in the very institutions that are responsible for maintaining the network that their Ponzi scheme depends upon. >With that being said, the 21 million figure is meaningless Yes, it's meaningless.. that's stupid crypto talking point #4: #Stupid Crypto Talking Point #4 (scarcity) "**Only 21M!**" / "**Bitcoin has a "hard cap"**" / "**Bitcoin is 'scarce' and that makes it valuable**" / "**DeFlAtiOnArY cUrReNCy FTW**" / "**The 'halvening' will make everything better**" 1. It's well established that scarcity is not a guarantee of value. It's very telling that clinging to such an overtly irrational argument demonstrates that crypto people live in a tiny "bubble" where they reject all manner of empirical evidence against their "beliefs." 2. If there only being 21 million BTC were reason for it to be valuable, then why aren't other cryptos that also share similar deflationary characteristics equally valuable? Why wouldn't something that is even more scarce than BTC be even more valuable? Because scarcity is meaningless without demand and demand is primarily a function of intrinsic value and utility -- *not* scarcity. See [here](https://ioradio.org/i/value/) for details. 3. Bitcoin has no intrinsic value and no material utility. It's one of the least capable stores or transfers of value. The *only* way anybody can extract value from crypto is by coercion -- forcefully convincing someone (usually through FOMO or scare tactics) that this is something they need, and it's often accompanied by unrealistic promises of significant returns. Those returns are mathematically impossible for even a tiny percentage of holders. 4. Bitcoin also is not scarce. There are multiple versions of Bitcoin, including Bitcoin Cash and Bitcoin Satoshi's Vision - both of which are limited to 21M tokens and in many cases are more technologically advanced than BTC. Also, every time there's a fork of crypto, the amount of tokesn in circulation doubles. Crypto proponents ignore these forks because they don't play into the "it's scarce" argument. But any crypto fork absolutely siphons value away from the original version. BTC might be priced higher than BCH, but BCH still holds value as well, and that's a total of 42M just of those two "bitcoin" versions that are out there, among hundreds of others. 5. The "hard cap" of 21M for BTC can easily be changed by altering a parameter in the source code. Less than 6 people have commit access to the repo so BTC's source code control is centralized. It's entirely possible if BTC existed long enough to the point where block rewards weren't enough to motivate miners, and transaction fees became incredibly high, that influential players in the community would advocate increasing the cap and reinstating higher block rewards. So there are absolutely situations where the max amount in circulation could be increased. 6. Even assuming BTC is limited in production, when it co-mingles with unsecured stablecoins like USDC and USDT, it is subject to inflation via stablecoin/liquidity inflation in the market. In reality, nobody really knows what the true price of BTC actually is given most crypto transactions at CEXs are done with stablecoins and not actual money. The underlying liquidity has never been accounted for. 7. The scarcity of bitcoin basically amplifies all the wealth disparity dynamics crypto people complain about in the real world, which means in a world where bitcoin was a dominant store of value, there'd be an even greater concentration of wealth and power in the hands of the few. Ironically, Bitcoin's scarcity is one of its greatest liabilities. See [this detailed video for a more in-depth explanation](https://youtu.be/g3iqbB6URHA).

Oxy_Moronico

BTC, BCH, BTSV etc etc etc

Scary-Ad-9378

Here’s a comprehensive deep dive into DeFi Technologies’ (via Valour) ETP lineup, highlighting their scope, strategy, and future roadmap: --- 🧭 1. Total Suite & Geographic Reach As of early July 2025, Valour offers over 75 digital‑asset ETPs across European exchanges . They’re scaling fast—aiming for 100 ETPs by end of 2025 . Listings span multiple exchanges and currencies: primarily SEK on Sweden’s Spotlight, but also EUR on Börse Frankfurt, plus new Swiss listings and expansion into Asia, Africa, and Türkiye . --- 🧾 2. Recent & Highlighted Launches July 2025 – Sweden (Spotlight Market) 8 new SEK‑denominated ETPs tracking: **Bitcoin Cash (BCH)** **Unus Sed Leo (LEO)** OKB Polygon (POL) Algorand (ALGO) Filecoin (FIL) Arbitrum (ARB) Stacks (STX) June 2025 – Sweden 4 additional SEK ETPs added for: Mantra (OM) Tron (TRX) Stellar (XLM) **Tether Gold (XAUt)** March 2025 – Germany (Börse Frankfurt) 4 EUR‑denominated ETPs launched for: Dogecoin (DOGE) Aptos (APT) Sui (SUI) Render (RENDER) December 2024 – Sweden (Spotlight Market) 20 SEK ETPs, including tokens like Akash (AKT), Worldcoin (WLD), Fetch.ai (FET), Aerodrome (AERO), Arweave (AR), Injective (INJ), Aave (AAVE), Pendle (PENDLE), Fantom (FTM), among others . --- 🌐 3. Asset & Category Diversity Valour’s offerings reflect a broad, diversified digital-assets strategy: 1. Layer‑1 Blockchains (e.g. Polygon, Aptos, Sui, Fantom, Algorand) 2. Layer‑2 Scaling Solutions (e.g. Arbitrum, StarkNet, Metis) 3. DeFi Protocols (e.g. AAVE, Pendle, Aerodrome Finance) 4. Exchange Tokens (e.g. LEO, OKB, JUP) 5. Infrastructure Projects (e.g. Filecoin, Arweave) 6. Metaverse/Gaming & Others (e.g. Dogecoin, Render, Mantra) 7. Tokenized Gold (Tether Gold/XAUt) This illustrates Valour’s strategic goal to offer exposure across blockchain infrastructure, DeFi, and real-world assets, catering to investor appetite for diversification . --- 🌍 4. Expansion Strategy & Market Positioning Nordic stronghold: Spotlight market expansions & multiple SEK ETPs; earlier delisted 19 THEN relisted 23 ETPs in Oct 2024 . European reach: Strategic presence on Frankfurt and Swiss SIX, including first staking ETPs (HBAR and ICP) . Global scaling via MOUs: Agreements to list in Singapore (AsiaNext), Africa (Nairobi Securities Exchange) & Türkiye . --- 🎯 5. Strategic Implications & Opportunities Ambitious rollout: Launches in batches suggest a syndicated strategy—seeding new sensors in investor hubs. Currency tailoring: Products in SEK, EUR, CHF, etc. enhance adoption by local investors via regulated platforms. Product versatility: Including both staking and non-staking ETPs, plus physical asset exposure (gold), signals a full-stack offering. Regulatory foresight: Partnerships with regulated exchanges show strong compliance orientation, appealing to institutions. --- 🚦 Quick Table – Recent ETP Launches Date Exchange / Currency New ETPs (tokens) Total Suite Jul 2, 2025 Spotlight (SEK) BCH, LEO, OKB, POL, ALGO, FIL, ARB, STX >75 Jun 18, 2025 Spotlight (SEK) OM, TRX, XLM, XAUt >70 Mar 3, 2025 Frankfurt (EUR) DOGE, APT, SUI, RENDER — Dec 12, 2024 Spotlight (SEK) 20 tokens including AKT, FET, AR, AAVE, FTM, etc. 60+ --- 🧩 Final Takeaway Valour is executing a high-velocity, diversified ETP rollout, achieving geographical breadth and asset class depth. With 75+ ETPs live and a goal to hit 100 by year-end, their strategy tightly aligns with global demand for regulated digital asset access. Monitoring upcoming launches, especially in Asia and Africa, will be key to understanding how Valour cements its role as a global leader in crypto ETPs.

ChatTCG

Yep, it died in 2017 when the whole blocksize debate happened, and BCH lost the OG BTC ticker. Had they been able to main-chain the scaling solution, we wouldn't have a dead tech leading the way

farsightxr20

That's the nice thing about forking: the degree to which value "forks over" will align with the market's conviction *for* the fork. Prior holders will hold value on both chains, so they don't even need to pick a side. e.g. the price difference following the BTC / BCH fork demonstrated that the market did not value big blocks (BCH) as highly as many at the time suggested

pw154

> The idea that Bitcoin is "Scarce" because only 21 million exist completely ignores the fact that anyone can clone it and create an alternate blockchain or currency, and that Bitcoin is is divisible such that Trillions of units exist. Mate you're conflating supply with replicability. Like copying the Mona Lisa doesn’t make your copy valuable a bitcoin clone doesn’t inherit bitcoin’s value. The market has consistently priced clones like BCH at a fraction of bitcoin’s value. As for divisibility, dividing something doesn’t make it less scarce... i.e. a pizza sliced into 1000 pieces is still one pizza.

xcsler_returns

Here's a scenario. BTC keeps blocks capped. 99% of users hold their coins with intermediaries like Coinbase. It's discovered that these intermediaries are running on fractional reserves like today's banks. People panic but can't withdraw their BTC to their own hardware wallets because of on-chain congestion. Coinbase and other intermediaries "temporarily" freeze withdrawals. BCH/BSV prices in BTC terms spike. Users sell their BTC for anything liquid and bid for BCH/BSV. BTC was never meant to have a permanent block size cap.

xcsler_returns

Yeah. Another possibility is that BTC doesn't fork and people move to BCH or BSV.

bananabastard

You mean the fork that created BCH (Bitcoin Cash) that had no impact whatsoever on BTC? When the big powerful Bitcoin institutions of the time tries to change the network and failed, and just created a shitcoin instead?

KirbyTheCat2

I saw a stupid affirmation about cryptos then I replied then I saw it was you again! Hardfork from POW to POS WAS a massive change! It became deflationary, that is not a small thing! Yes true, the max supply before was like unlimited if I recall, always higher because of the rewards. My point being, **this is an entirely different coin now that it used to be**! If you were a fan of the POW ETH you are being left in alone in your chain with your old useless coins (now ETH Classic?). Just ask the BCH crowd how they like their Bitcoin now?! I was there in 2015 cryptobro. Any changes in cryptos are always a hardfork away....

RatherCynical

Security. If Michael Saylor buys $10billion in BCH or BSV, people would instantly rent hashpower to double spend it to fuck. All low hashrate protocols are prone to this. Bitcoin has such a gargantuan amount of unconnected users, miners, etc that those things are no longer a concern. If you had a billion and decided to put a whole billion into it, chances are you'd be completely fine 5 years from now. This game theory applies to everyone playing the game of which crypto to buy. That automatically whittles down the list of 17,000 cryptos to a list less than two dozen. And of those, the most obvious choice is Bitcoin

legendary_korra

I wonder if same play is repeatable with their other funds. Like BCH maybe

Stocks_Allday

$GRNQ Def one to watch for Monday, they own over 100M+ in digital assets and that includes BTC, ETH, XRP BCH and many more assets.

Shibinator

Yes BCH Bull is still fairly small at "only" ~25k BCH TVL.

Alex-Crypto

It means there is high short demand of BCH vs the EUR, causing 200+% premiums needing to be paid at the start of the contract to take such a leveraged position

Alex-Crypto

Depends the quantity. 1 BCH short is very little. This is at 100BCH.

Few_Response_7028

No one cares about BCH, so why would we measure anything in it?

Few_Response_7028

Why are you using a shitcoin such as BCH, to gauge the value of another shitcoin such as EUR?

MamamYeayea

I like your argument except for the fact that crypto currencies with identical protocols exist. As a matter of fact everything about the inner workings of bitcoin is open source and everything can be replicated (and do get replicated) in other coins. Lite coin is slightly altered bitcoin. BCH BSV NMC as well

GhostsinGlass

# Starmer vows to ‘shelter British business from the storm’ of US tariffs **We stand ready to use industrial policy to help shelter British business from the storm,** Canada is making similar moves which is why I believe the US is fucked. On our side of the fence Dark Carney has pledged to bring back our post-WW2 government built housing machine, where the government itself becomes the developer. It's genius really, we have such an insane demand for housing and plenty of our raw materials we used to sell to the states IE: fuckin lumber are going to be slurped up domestically while retraining those who are willing to enter the construction trades. The plan is *"The global economy is fundamentally different today than it was yesterday. We must do extraordinary things for ourselves,* ***we must do things previously thought impossible at speeds we haven't seen in generations****,"* "We're going to unleash the power of public/private co-operation at a scale not seen in generations," he added. To get that done, a Carney-led Liberal government says it would create an entity called Build Canada Homes (BCH) that would act as a developer overseeing the construction of affordable housing in Canada. Describing BCH as a "lean, mission-driven organization," Carney said it will provide tens of billions in financing for new affordable housing projects across the country I feel like the optimistic 90s is returning here in Canada. Sorry, Americans.

4565457846

Crypto that can’t be repossessed by the government or shut down easily… likely ETH, Monero, BCH, and maybe Bitcoin. Gold and other hard assets are likely good bets

No-Economics-8198

Can anyone explain BCH? Its near all time lows, while corn is still riding relatively high.

FairBlamer

Sorry but this is false. The bitcoin network defines itself based on the blockchain that has the largest amount of accumulated proof-of-work (canonically the longest chain). Today’s “BTC” fits that bill, not “BCH”. Therefore, “BTC” is the “real” bitcoin, as defined by the network consensus rules. There’s a lot else incorrect about your comment, but that’s the most fundamental falsehood worth calling out.

Redcrux

There's an interesting history behind this, The original group of bitcoiners wanted it to be used in place of the dollar and it would have eventually take it over since it could be way more useful than regular cash. But a corrupt and greedy group came in and convinced everyone to HODL by hijjacking the development and BTC ticker in order to sell their own off-chain solution to this problem, the lightning network, calling bitcoin "digital gold" instead of "digital cash" like it was originally meant to be. Bitcoin is highly resistant to hijacking, and so it forked in 2017 to ditch the hijackers. The original bitcoiners separated from the hijackers and continued to improve the usefulness of the coin, but because the hijackers convinced enough powerful players (miners and exchanges who big surprise, liked the idea of higher transaction fees) they retained the BTC ticker, the original bitcoin became known as BCH and so in the eyes of the average uninformed person it wasn't bitcoin anymore, so now it's practically dead and no one mentions it.

Phynx88

Since like 2018 🌽 has been a risk-on asset for wall street. Institutional buying is what has fueled 90%+ of the growth over 10k when the dust settled over blocksize and BTC/BCH split. Risk on assets, especially ones based on pure speculation with little to no current real world application are the first sell offs in broad corrections.

caleecool

Wanna go take a look at how BCH turned out after hardforking from BTC all those years ago? And how much effort it took them to do so?

hindumafia

Holding majority of BTC is not needed to form bitcoin network. You can also fork the network. BCH and numerous others are already forks of Bitcoin.

Bagmasterflash

Your whole theses is patently wrong on one fundamental fact. The bitcoin you think is Bitcoin isn’t. BTC is exactly as you describe and may very well succumb to the fate you have laid out here. Where you go wrong is that Bitcoin isnt BTC. As described in the whitepaper, a Peer to Peer Digital Cash System, BCH is Bitcoin. That will thrive for centuries as long as the internet exists. www.hijackingbitcoin.com. Free Roger Ver.

Smoking-Coyote06

Exactly. Please feel free to reply with the values of BCH, BSV, and BCG relative to BTC. They're not good...

randylush

First of all if the USA wanted to kill bitcoin they could just say “selling crypto has a 90% tax on gains”. That’s it, price is gonna crater. Exchanges do not determine what algorithm Bitcoin uses. At all. Exchanges are not going to just “want a different flavor of bitcoin”. That just doesn’t make sense. There have been plenty of *forks* of many cryptos, like BCH or ETH classic. But that has never really devalued anything. Anybody, at any time, can make a fork of Bitcoin. *Miners* determine the algorithm used. A one line change in GitHub is not going to affect this. It is not a realistic attack vector. Miners can and do vote on algorithm changes. If they cohesively vote on a change for Bitcoin then Bitcoin changes. If they don’t then it doesn’t. Saying “exchanges can just start calling something else bitcoin” is like saying “I’m not gonna buy Four Seasons stock because the exchange might switch it out for Four Seasons Landscaping”

Interesting-File-920

**🚀 Public Invitation: Invest with ChainPulse and Claim $5,000 in Free Crypto!** Start your crypto journey with **ChainPulse** and get rewarded! * **$5,000 Free Crypto Giveaway** for every new verified investor. * Seamless trading of top coins like BTC, ETH, SOL, ADA, BCH, USDT, and more. * Advanced tools to secure and grow your investments. 🎉 **How to Claim Your $5,000:** 1️⃣ Visit [**chainpulse.org**](https://chainpulse.org/) 🌐 2️⃣ **Connect your wallet** for verification. 3️⃣ Start trading and diversify your portfolio. ⏳ Limited-time offer! Don’t miss this chance to trade, earn, and win big. **Join now at** [**chainpulse.org**](https://chainpulse.org/) **and claim your $5,000 today!** 💰

WorldLeader

I like how you are getting downvoted for pointing out a very real threat vector to the entire btc ecosystem. It's entirely possible that someone would force a change to BTC to make it serve their purpose better... then you'll have a BTC vs BCH battle all over again.

Middle_Community_874

Exactly bch cash is more "useful" yet it's worth a fraction of real btc. My point being it doesn't need to be "useful" lol. Btc is btc. Don't change it. It's not btc anymore if changed. It doesn't represent what it does if it's ever changed. Hence the failure of BCH. Also I'm pretty sure the us government took those btc from Mt gox, did they not? They're not lost, the government seized them and holds them. Btc is not used that much for laundering in current year. Cash is used more. Monero is actually used. Laundering thru btc is a terrible idea.

xcsler_returns

Bitcoin Cash (BCH) and BitcoinSV (BSV) are two forks of Bitcoin that are trying to scale Bitcoin so that it could serve as a global peer to peer digital cash as described by Satoshi in the original Bitcoin whitepaper. BTC is currently trying to serve as a store of value and replace gold.

Frosty_Feature6204

> But there are plenty of other coins out there that are way faster and cheaper to use You say you've been into bitcoin but somehow you've fallen to the newbie trap of thinking its value is as a medium of exchange? That simply doesnt matter, same way it doesnt mattwr for gold. No one who owns gold would buy their milk using it even if it was lightning fast. Bitcoins value is based on its trust. It"s like saying I have a better Facebook, come here because everything is the same except little better. So why wouldnt people come? Because the real application has already won because it has the trust and the users. Nothing else matters, and its the same for bitcoin. People have been parroting for BCH all this time because its better attributes and how points you've listed are a non issue for BCH, but at the end of the day people dont care about alternatives. Although, in the event of an 51% attack people would switch to a fork and reject the compromised chain. In the event some one would try it, it would be extremly expensive and result in almost certain defeat, for no purpose whatsoever. In fact, bitcoin has been in constant attacks that have been unsuccesful to bring it fown, which in return makes it more secure for its users. But with everyything there is risk. Even the things people think are the safest. Currencies devalue due to inflation and war. If there was none for bitcoin, it's price would be significantly higher. Somewhere where we probably couldnt even fathom.

arcticwanderlust

Somehow the r/btc BTC Cash subreddit is still convinced BCH is the future despite all the problems you listed. Willful delusion, like with BTC maxis?

VoidMageZero

A lot of people will probably trash on me for this, but I think fixed supply is highly overrated. Reddit NFTs are minted with a fixed supply too, it doesn't mean they are really worth anything or will appreciate in value though. BTC having a fixed supply is an entirely artificial constraint which is a red herring imo. The value of something like BTC comes (ironically?) entirely from trust in the network in the sense of the greater fool theory that some future buyer will be willing to purchase or exchange the BTC at some higher price or for a good (like pizza, USD, etc). All currencies rely on basically nothing more than that same trust principle, but for USD it comes from the backing of the federal government and for BTC it really boils down to nothing more than that trust in the network with someone else coming along to buy it later on. That's it, the limited supply is just a featured used to market the currency, it still has no intrinsic worth by itself. Where people could get around the limited supply is simply by forking it like BCH (which is a bad example but still gives the basic idea) with a better feature or some other reason, that would split mining compute power, the user base, expand overall (not BTC) supply, etc. Also crypto has a fundamental weakness that gold and paper fiat does not, which is if the computer or network system goes down (Carrington event, aliens EMP us, whatever), then you're kinda stuck. Yeah that is unlikely, but people do not talk about it enough imo.

Acceptable_Lie_3764

$BCH Blackjack, Cocaine and Hookers

HSuke

Technically, Bitcoin in its current form, will almost certainly not last past 2080. Its current PoW security model is too inefficient and too insecure. Bitcoin Core devs have brought this up numerous times, and it just gets punted down to future generations to solve because it's too crypto-political. Bitcoin's heaviest-weight PoW consensus protocol is not secure in the long run. Nearly every Bitcoin fork (BCH, BSV, Bitcoin Gold, and dozens of others) has been successfully 51% attacked and reorged because PoW is inherently weak to 51% attacks when their security budget is insufficient. In fact, Bitcoin was already 51% reorged in both 2010 and 2013 back when it was much smaller, though those attacks had partial community support in retrospect. They didn't do sufficient damage to the chain. Bitcoin is currently a $1.5T asset protected by only $20B-$30B in mining equipment. As the halvings continue and its security declines, the security budget will fall, and then Bitcoin will be no more secure than its failed forks. To be secure, Bitcoin would either need to change its model, e.g.: 1. switch to a more secure and efficient consensus protocol like PoS 1. remove its supply cap and switch to tail emissions to extend its security budget 1. find another permanent stream of funding for its expensive security 1. or it could increase transaction to be $100-300/Tx. That's actually how much it currently costs in mining per transaction (based on 7 TPS, $100k BTC, 3.125 BTC per block subsidy)

HSuke

The problem eith Bitcion is that it's the Fors Model T of cryptocurrencies and uses PoW, which is both extremely inefficient and insecure. Every Bitcoin transaction currently spends $110 worth of energy to mine. Every Bitcoin fork that uses its PoW consensus protocol has been 51% attacked, including BCH, BSV, and dozens of others. Even Bitcoin was 51% reoeged in both 2010 and 2013. The only reason Bitcoin is slightly more secure now is because its security budget is much bigger now. But as the halvings continue, its security budget will gradually disappear to a tiny fraction of what it is now. People won't want to pay $100 per transaction in fees to keep their transfers secure. Proof of Stake is way more secure and efficient.

HSuke

Bitcoin is not secure in the long run. Nearly every Bitcoin fork (BCH, BSV, Bitcoin Gold , and dozens of others) has been successfully 51% attacked because PoW is inherently weak to 51% attacks when their security budget is insufficient. In fact, Bitcoin was already 51% reorged in both 2010 and 2013, though those attacks had partial community support. Bitcoin is currently a $1.5T asset protecte by only $20B in mining equipment. As the halvings continue, the security budget will fall, and then Bitcoin will be no more secure than its forks.

AmericanScream

Bitcoin's "consensus" mechanism is fuzzy and abstract at best. Case in point: The schism between BTC and BCH. Some people wanted to increase Bitcoin's block size to handle transactions faster. The dev team was in part, funded by companies like Blockstream who were behind L2 solutions like Lightning, so they nixed the idea and cut off devs who were in favor of it. There was not really much "consensus" there - they wielded a lot of power. >ETH’s supply is decreasing. It’s very deflationary. Again, that's false. Why is it us critics know more than you? By design, Eth is inflationary. It does have the ability to burn tokens but there is no guarantee that Eth will be deflationary. Its overall token supply is not capped.

Holiday-Ad7174

Cryptocurrencies price is supposed to be based on it's utility. BTC quite literally has no utility. It is a ponzi scheme in its purest form (no one transacts on the base layer due to excessive fees; Coinbase, kraken, Gemini are banks). If the price was based on transactions being made by holders it would be more sound i.e. BCH.

foxroadblue

I mean, Bitcoin has survived FTX, Genesis, Bitfinex, Mt Gox, China mining ban, BCH hard fork, ETH "flippening", 10,000 other cryptos being created...

Yung-Split

Because BCH does not have sufficient network effect and security.

VirtualMoneyLover

> A store of value does not need to have use cases. Sure. So why BTC and not BCH, when that is slightly technologically better?

Chogo82

Read about how forking works. BCH is an example of a hard fork and if you learn about its history, it should answer your question.

Waste-Stay4596

you're not serious.. right? I know this is wsb but BCH is ACTUALLY regarded

falling_knives

F Did you at least get any BCH from the hard fork?

VirtualMoneyLover

> the new world money That is BCH

MotherAd1074

Energy efficiency and scalability are discussed a lot. Perhaps it's the BCH users who raise the scalability concern in a condescending unhelpful manner that get banned. Otherwise I would expect a civil discussion. Sorry that has been your experience. Certainly not mine. I think it's value is also in its utility. Compared to gold, it's cheaper, faster and easier to move. There are others of course.

ISeeYourBeaver

As a pretty serious believer in crypto, I can't tell you how much it pleases me to read comments like this and those in the WSJ and FT saying things like "pyramid scheme", "only for criminals", "will collapse or be banned any day now", blah blah blah :D My crypto holdings and crypto-related positions: 0.2 BTC (worth about $16.5k right now), 1.9 ETH, 4.0 BCH, and I'm currently holding 6 call options on MSTR: 03/20/25 expiration, 320 strike, purchased about a week ago when MSTR was around 260. Yeah, I'm looking forward to tomorrow.

DrestinBlack

Corn finally breaking out (BCH up double+ corn too) Watch it make MSTR 🚀

AmericanScream

> Its open source, you can literally open a pull request right now to try to change how Bitcoin works. It doesn't mean you can just merge changes to main though, of course there are protections against that, just like any other open source project. Right, anybody can create their own fork of bitcoin, but the core code that is endorsed by Coinbase and the other top CEXs is the one controlled by a handful of people associated with MIT's digital currency initiative, who aren't beholden whatsoever to their community, but they are likely beholden to the corporate benefactors who give them grant money - and that's most obvious when you see that BTC refused to increase its block size to make transactions faster -- because one of their benefactors was the company making a "L2 solution" to address that. So there's a lot of politics and power plays with bitcoin that have less to do with whether the tech is as good as it could be. This is all documented in my documentary that you can watch. >> Gold has intrinsic, material value. Crypto doesn't. It's also not a hedge against inflation. >Opinion. LOL.. it's not an opinion bro. It's a fact. There's ample evidence to back up those claims. >Again, Bitcoin is an open source software project. You can fork it. There will only ever be 21 million of them, and given even static demand, in an inflationary economic environment, the USD is forever losing value, its not the Bitcoin is necessarily increasing in "value". There's more than 21 million "bitcoin". There's also BCH (bitcoin cash) and BSV (bitcoin satoshi's vision) and many others. They all trade at prices >0, so that's value they have siphoned away from BTC. That's a fact. You can pull a "No True Scotsman" fallacy and claim only BTC is legit, but that's not true. All you can ultimately say is BTC trades higher. >Who has said crypto can't be seized? Michael Saylor, among others. So did several other bitcoin luminaries that I quote in my documentary including Dr Adam Back. Watch [here](https://www.youtube.com/watch?v=tspGVbmMmVA&t=3943s). >Opinion again. Just because you, as a random redditor, have decided something, does not make it so. Extraordinary claims require extraordinary evidence. It onus is on YOU to demonstrate blockchain does something uniquely better than what we're already using. I already demonstrated for 15 years, no such evidence has been produced. I even maintain a list of [debunked claims](https://ioradio.org/i/blockchain-claims/). So I have evidence of my argument, with detailed citations. All you seem to be able to do is say, "Well that's your opinion man..." and of course claims I don't know what I'm talking about, despite the fact that I can provide citations for all my claims... so who here is the one making false claims?

Drago_09

U know what’s extremely funny? I spoke about this issue when they put that dumbass from google in charge. People wanted to suck ramaswamy so badly. Where are they now? I sold off my position from this shit stock when he was brought on. He is a loser who worked at a successful company but people act like he made google what google is. If I work at Apple and Apple boosts up that doesn’t mean it’s cause of me, it’s because everyone at the company collectively brought the value up. I do have a bias against Indian CEOS, but it’s not to do with race as it is to do with consult companies such as McKinsey, BCH, and BAIN. These guys put dogs in charge so that these dogs can hire these “consultants” for help. It’s literally quid pro quo. If they would put people who know the industry and have a track record of amazing innovation I’d love to get behind them. But they hire dogs who will look out for them, not shareholders/ employees/ investors. He’s literally going to get a golden parachute and get a new job at a different company.

millennial-snowflake

It started out being meant to be like money, but much less inflationary. The money side fought for their narrative but the Bitcoin Cash fork settled that, and BCH is a shit coin now and no one uses it even though it's more money-like than BTC. This is why BTC focuses on the store of value/digital gold/deflationary aspect now. But the lightning network does allow fast low cost transfers too now. So it's still arguably got the best of both worlds, but nobody wants to spend an asset they expect to appreciate...

haight6716

My money's on BCH.

haight6716

BCH Stan checking in. We already have a closed end fund, it only makes sense we're next.

MIA3D

How the hell do you buy BCH without paying a huge spread or fees. I like to trade BCH too but damn the fees are so high

iAmGrimTV

Usually trade BCH on weekends the volatility is there for small gains nothing crazy it's trending down but catching the pops is entertaining 

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