Post
Topic
Board Altcoin Discussion
Re: Bitcoin vs Bitcoin Cash
by
alimarh
on 31/07/2018, 21:44:03 UTC
So after the fork happened and Bitcoin Cash was created, as of today on CoinMarketCap it shows:

Bitcoin
capital $118,038,167,261
price $6,962.42
circulating 16,953,612
volume last 24 hrs $4,671,340,000   

Bitcoin Cash
capital $11,306,077,844
price $663.06
circulating 17,051,288
volume last 24 hrs $286,801,000   

On every count Bitcoin beats Bitcoin Cash so the question arises, what was the point of creating Bitcoin Cash? Apart from making very rich bitcoin holding people even more wealthier by creating Bitcoin Cash and adding to their portfolio it seems that there was no need for it. I hear about transactions fees and groups of devs so on being better at Bitcoin Cash but in all honestly what was the point?

Did all those advocating the demise of Bitcoin actually exchange all their BTC for BCH? I doubt it.

To me it seems Bitcoin was always going to come out on top of that battle so why did those whales pushing for the fork really do it and create Bitcoin Cash?

And I asked if bitcoin cash is a fork of bitcoin and bitcoin has circulating 16,953,612 coins while bitcoin cash has circulating 17,051,288 the extra coins added to the bitcoin cash who owns it? who added it? guess the people that fork it right? then judge for your self the idea behind the fork. Just my thought and opinion.