Quote from: vatanen on August 13, 2018, 12:11:47 PM

Quote from: JollyGood on April 02, 2018, 02:44:12 PM

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?

I totally agreed to what you have said that bitcoin will always going to come on top of every coins in the market because of the fact that many people are trusting and using this coin and also we have seen how this coin grows as time goes by and how it achieved its accomplishments and achievements.

Well, it's a long game. I'm not going to champion BCH or what it stands for, but I do at least believe there is a legitimate case for it, but only given specific and unlikely circumstances coming to pass. I don't think that BTC and BCH folks were ever going to bridge their differences. There was too much ideological disagreement over the block size and acceptable level of centralization and all that. BTC is still not appropriately scalable for global use, and I'm not really convinced Lightning Network is ever going to be a viable sell. The technological difficulties of using crypto are already too steep for mainstream adoption, so additional opacity and technicality on top of that is a no-go. From that perspective, there is a hard block in the road to global adoption for Bitcoin. BCH addresses that to an extent. But I currently don't believe crypto will ever have enough use case for BCH's increased capacity to ever matter, so it's unlikely to ever surpass BTC. Of them all, XRP is probably most likely to fulfill any global need, as it's the most scalable of them all and already has major financial institutional support.