Bitcoin Cash is the new Bitcoin? Programmer explains.

in #bitcoin6 years ago

Is Bitcoin Cash taking over Bitcoin and why is Bitcoin so slow nowadays? Let's discuss and take a look at some charts.

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good moment to explain the difference

Thanks again Ivan for doing such a great video, and explaining all this for us!

It is very crazy times in the Bitcoin ecosystem. It’s fun to speculate and I’m very interested to see what will happen

Great video. I agree that sticking with the coin that has the most experienced developers is the safest strategy.

BCH is not taking over BTC, in my humble opinion. And the difference in blocksize will not mean so much in the future of trading, there are other solutions to be found...

"there are other solutions to be found..." like IOTA and tangle based data structure. Blockchain tech - read as ALL cryptos except IOTA - are all slow because of the data structure they use. IOTA's innovative data structure make it faster the more people use it. It's also feeless. How are bitcoin and other blockchain tech going to compete with that in the long run?

so if hashrate etc moves from BTC to BCH, then the difficulty of BTC adjusts down... will that mean that they'll all come back to BTC and send it on another rally?

Bitcoin cash can never be bitcoin . Bitcoin cash is controlled by rich people .

mining centralization is the devil

BTC Supply = 16,675,787 BTC
BCH Supply = 16,793,313 BCH

Again BCH mined in last one hr (725) are 29 times of BTC mined (25) in last one hr. Therefore, BCH just can not compete with BTC as far as value storage point is concerned.
BCH can never be BTC

If you have the time please check my account 🙌
https://steemit.com/@spotting-car

Are you really pretending that they don't have the same maximum supply of 21 million? Or are you just a disingenuous Bitcoin maximalist making a fake argument?

you are one on my best blogger about crypto

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