Post
Topic
Board Altcoin Discussion
Re: Bitcoin vs Bitcoin Cash
by
iamTom123
on 02/08/2017, 03:04:19 UTC
We don't know for sure the developments in the coming days, months and even years. For now. Bitcoin Cash (BCH) is still considered as an altcoin to Bitcoin and whether this new coin is the one that can topple the real Bitcoin...we will see on that. As of now, it is still the real Bitcoin that is the reigning king of cryptocurrency. This all boils down to support and usage. If holders and users of Bitcoin will shift to BCH on a massive scale then maybe that can be the sign that BCH is already the new Bitcoin. Personally, I am seeing that the two coins can live alongside each other peacefully as there is nothing wrong when we possess both of them.  As they say, the more the merrier and this is quite true in cryptocurrency.

Yes. Very well said.  Smiley But I really wonder why they have to split though just to upgrade the Bitcoin blockchain (a decade old)  transaction speed. Is it really about the transactions or about the who's idea to follow? Hopefully Bitcoin will still be the reigning king of cryptocurrency in the years to come.

The split happened because there is a group of miners who did not go along with the decision of the majority and so they got their own coin and that is the birth of Bitcoin Cash (BCH). Right now, BCH is gaining some grounds as there are now additional exchanges that are announcing their support for BCH. In this case, exchanges can be supporting both the original and real Bitcoin as well this new altcoin BCH. The two then can live without any problem except if Bitcoin holders would be dumping their Bitcoin to buy Bitcoin Cash but I don't see that coming soon. I am happy though that I also got my little share of BCH in Bittrex.