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/biz/ - Business & Finance

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File: 57 KB, 694x387, bcash.png [View same] [iqdb] [saucenao] [google]
14086230 No.14086230 [Reply] [Original]

Any chance for Bcash / Bitcoin Cash growth from utility? Looking over https://bitinfocharts.com/comparison/transactions-btc-bch.html it doesn't seem to be doing particularly well, its transaction growth in recent months may only be in line with the market at large due to the Bitcoin pump.

But there's no denying that the crippled Core blocksize limitation and the LN vaporware is fucking bullshit for utility. A crypto system that works "well enough" for a couple more years before limitations arise could potentially grab some more market share.

I do hate Bcash for its pump and dump activities, the endless civil war and fork drama, greater mining centralization and lower hash rate. But like its big brother it survives every drama and moves on. The devs seem to be on the crappy side, but they're somewhere between the core garbage people who aren't doing anything useful and the Ethereum camp where the truly serious work is happening (at a fairly slow pace).

Could it be good enough?

>> No.14086246

no, go for litecoin

>> No.14086341
File: 726 KB, 1863x2570, on BTC, BCH and BSV.png [View same] [iqdb] [saucenao] [google]
14086341

>>14086230
There are some high IQ devs and bitcoin oldfags backing BCH, it's worth keeping an eye on it

>> No.14086432

>>14086246
Isn't that kinda just a core testnet? With higher TPS, though, yes.

>>14086341
So you're saying I should buy 10 BTC and 10 Bcash as a hedge?

>> No.14086447

>>14086432
Not giving financial advice. Look up BCH backers and decide for yourself if you like what they write.

>> No.14086746
File: 903 KB, 700x900, SaveBitcoin!.png [View same] [iqdb] [saucenao] [google]
14086746

>>14086341
I don't know a single guy who's in it for its potential to replace fiat who didn't move to bch.

>> No.14087021

>>14086746
Do turbo autists like the guys you know justify a cap higher than its present $7 billion though?

From a relational perspective, trading and transaction volumes indicate BTC's valuation being 20x that of BCH may be a little too high. But it looks different from the hashrate perspective. And even if you look into the "BCH for Venezuela meme", at least Google trends doesn't seem to confirm growing interest at all.

>> No.14087063
File: 158 KB, 615x450, blockstreamcoin5.jpg [View same] [iqdb] [saucenao] [google]
14087063

>>14087021
Imagine if the "BTC is digital gold meme" helped a coin nobody's using except to buy other coins nobody's using reach $140B market cap what a coin with actual utility could reach.

>> No.14088236 [DELETED] 

bump

>> No.14088347

>>14086230
You only need this
https://txhighway.com/
literal bcash shill site absolutely pwned by themselves
I guess they will fix it soon though

>> No.14088368

Going in all in on bch again after the litecoin halving. Core and bsv can talk all the shit they want about centralization, but I have an easily accessible wallet with quick transactions and low fees. Roger Ver even said that if lighting took off for core or Craig made his shit work better to drop BCH and start using theirs. Fuck the tribalism and use what’s best, period.

>> No.14088494

He also hired attorneys to respond by 6/28 on that libel suit.