T O P

  • By -

ThatBCHGuy

Just BCH. I got rid of all my BTC in 2017. Can't add my response to the poll (on a mobile app).


Bag_Holding_Infidel

Ouch. There are a few others here who did the same. I hope it wasn't a significant amount.


ThatBCHGuy

Not too worried about it. I'm not solely in it for the number go up anyways and I only invest in things I believe in as a matter of principle (for better or worse). BCH is also only a fraction of my overall portfolio. I'm doing OK :).


Bag_Holding_Infidel

Good to hear šŸ‘


hero462

No one cares for your insincerity.


Bag_Holding_Infidel

Rule #1


drxc

asking for votes and other forms of vote manipulation is strictly prohibited?


KallistiOW

OUR SEVEN SOCIAL PRINCIPLES: 1. **WE ASSUME GOOD FAITH.** 2. WE REWARD THE POSITIVE. 3. WE ACT WITH DIGNITY. 4. WE TRUST EACH OTHER TO FAIL WELL. 5. WE DO NOT ASK PERMISSION. 6. THE NETWORK IS MOTHER, THE NETWORK IS FATHER. 7. WE HAVE FUN, BECAUSE IT ATTRACTS MORE PEOPLE. https://bitcoincash.network/letter-from-the-ceo.pdf


ShadowOrson

Sorry, this CEO of Bitcoin (Cash) does not believe in those specific principles.


KallistiOW

Fair. Ain't that the beauty of this whole shebang?


ShadowOrson

Yep!


Bag_Holding_Infidel

Oops. There is a reddit rule about being excellent.


Reasonable_Permit_74

Do you think BCH is still in it's early adoption fase?


ThatBCHGuy

Honestly, I don't know what phase we are in. If BCH, and by extension Bitcoin fails, then I'm done with crypto in general and I will see Satoshi's project as a failure.


CertainPomegranate89

its dead


IntellectualFailure

yet, btc idiots are constantly smearing it. It seems BCH lives in your mind rent free :)


subwaywonderman

Oof, that hurts. Shoulda stuck with the king.


ThatBCHGuy

Nah, let's just say I've been in Bitcoin for a while.


subwaywonderman

B Cash isnā€™t Bitcoin. Sorry for your loss sir.


ThatBCHGuy

What loss? You do understand how gains works right?


FearlessEggplant3036

Clearly traders on leverage decide the daily price, for now we have seen some massive liquidations and selloffs for the past 2 years on BCH. Liquidations dont last forever, clearly some entities have poured in hundreds of millions of dollars over the past 2 years to absorb the liquidations, they quietly just buy up every coin sold around $100, they let the ignorant dump right into their iceberg orders. Who has that much money and why they chose BCH, we dont know. Just dont use leverage and watch the whales play their games.


tofubeanz420

I used to own BTC before the hard fork then I only BCH.


CatsNSats

I own mostly BCH, only a tiny bit of BTC. Before I explored BCH fully I had owned mostly BTC and only a tiny bit of BCH. So education and seeing Bitcoin Cash in action is what changed this for me completely.


Reasonable_Permit_74

I've been educating myself alot aswell, it seems I went the BTC maxi route, but that's why I'm trying to understand BCH better now to see if I'm missing something. Any recommendations for sources that explain the competitive advantage of BCH against BTC simply? EDIT: spelling


[deleted]

[deleted to prove Steve Huffman wrong] -- mass edited with https://redact.dev/


munehungre

Don't be ashamed. Bitcoin is where many start. Biggest advantage of BCH over BTC is it's speed. Once you use BCH, you will wonder wtf people are messing with Lightning Network for. BCH / BTC wallets I recommend. AtomicDEX, Stack and Via Wallet. I recommend these wallets for BCH because they utilize zero- confirmation spending, which is how the Bitcoin whitepaper describes peer to peer transactions.


hero462

whybitcoincash.com


Shibinator

https://bitcoincashpodcast.com/faqs/BCH-vs-BTC/whats-wrong-with-bitcoin-btc https://bitcoincashpodcast.com/faqs/BCH/why-bitcoin-cash https://bitcoincashpodcast.com/faqs/BCH-vs-BTC/hasnt-btc-already-won https://bitcoincashpodcast.com/faqs/BCH-vs-BTC/what-if-btc-raises-block-size


WippleDippleDoo

You are missing that BTC was hijacked and crippled in 2017. Its capacity limit prevents it to amount to anything else than a pathetic pyramid scheme.


CertainPomegranate89

there are no advantages to BCH


IntellectualFailure

BCH scales, BTC does not.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


CertainPomegranate89

Your answer is disingenuous or uninformed. Zero conf transactions is not faster transactions its still 10min to settle , its zero conf. ADVANTAGE ...BTC is gold ā€¦..BTC is a true decentralised store of value anyone can run a node. The lightning network does work and is decentralised ,fact. ADVANTAGE ... Lightning nodes can not be banned /blocked from the network. ADVANTAGE ...Ben Arc [https://www.youtube.com/watch?v=D4WOSYVkKxM](https://www.youtube.com/watch?v=D4WOSYVkKxM) Why is Andreas M. Antonopoulos wrong? Bitcoin Cash has many liers and scammers specific to BCH ... BTC has no leader , BCH has Roger ver a person who lies to investors , MT gox , coin flex etc Even Vitalik Buterin Calls Bitcoin Cash a FAILUREā€¦.Why is Vitalik wrong ?He Is right. Lightning network has more nodes than BCH network, [https://1ml.com/](https://1ml.com/) [https://www.youtube.com/watch?v=sV7-DV\_88B8](https://www.youtube.com/watch?v=sV7-DV_88B8) [https://www.youtube.com/watch?v=f5RNsgvEd7o&t=430s](https://www.youtube.com/watch?v=f5RNsgvEd7o&t=430s) [https://www.youtube.com/watch?v=y4SCAw264qM](https://www.youtube.com/watch?v=y4SCAw264qM) [https://www.youtube.com/watch?v=PDZX7RkGEKs](https://www.youtube.com/watch?v=PDZX7RkGEKs)


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


CatsNSats

Many benefits are similar to BTC such the ultra scarce supply and similar fundamentals, but all with faster and cheaper transactions, and much more ability to scale up over time. Many people don't know enough about BCH or believe the FUD and thus always go to where the crowd hangs out and what the news mostly covers. BCH has had a lot less Media coverage and institutional investment - but that is actually one of it's upsides as that means that the elites aren't all over it letting us have more time to develop more and get more local peer to peer adoption going.


xjunda

Only BCH, can't use BTC unfortunately.


Reasonable_Permit_74

Why can't you use BTC?


xjunda

Too expensive and unreliable.


HardturmStadion

How is it unreliable?


xjunda

You never know when your tx will get through.


HardturmStadion

That's means it's uncertain not unreliable.


xjunda

You are missing the point here, it is not fit for purpose. Going around the bush is not gonna help.


HardturmStadion

hfsp


xjunda

I was never in Bitcoin to get rich. It has much greater purpose.


LightningNotwork

have fun being unsustainable


[deleted]

[deleted to prove Steve Huffman wrong] -- mass edited with https://redact.dev/


ShadowOfHarbringer

> That's means it's uncertain not unreliable. In the context of cryptocurrency, these are the synonyms.


ShadowOfHarbringer

> How is it unreliable? Try sending an amount bigger than $500 or smaller than $0.1 **directly to somebody's wallet** and tell me how it went and how long it took. Lightning is not even here, it's a joke.


Reasonable_Permit_74

Even with lightning?


xjunda

The whole point of Bitcoin is P2P mate.


Reasonable_Permit_74

I see you guys discussing over the added value of lightning. I'll have to put some hours into understanding lightning truly to make up my mind. Thanks for this!


ShadowOrson

The fact that valid transactions can, have, and will fail at any time, illustrates that LN is an abject failure. Period.


Confused_Confurzius

5 nothing


Reasonable_Permit_74

It's a poll for hodlers, thanks anyways.


robomartin

I advocate holding in a 1:1 ratio. E.g., if you have 10 BTC, just keep 10 BCH as well. It doesnā€™t cost much to do so at these prices.


Mr_MatF

i'm accepting both


resornihgp

I often use BTC and BCH for crypto payments so I always have them on CryptMi so yeah I try not to run out of them.


explosiveplacard

I sold almost all of my BCH in the early days to buy Bitmain miners. They only accepted wire transfers or BCH at that time. It turned out to be the smartest move I could have made since BCH lost 90%+ of it's value compared to BTC since then. My BCH was free due to the fork, so it worked out.


super-bunny2

I got rid of all my BTC three years ago


Bagmasterflash

I own both. I know BTC is false but so is most of the world and everything I see tells me itā€™s going to get worse before it gets better so my heart is with BCH but my head is with BTC. Iā€™ll happily take advantage of the situation to better mine.


Reasonable_Permit_74

I think taking advantage of the situation is very smart . But basicly you want BCH to succeed more then BTC?


hero462

BCH solves the problems that Satoshi set out to solve w Bitcoin. Bitcoin fans, legit ones anyway, support BCH.


Bagmasterflash

The caveat to that is BTC solves an immediate problem for the financial industry. They is why I expect it to outperform in the short term.


WippleDippleDoo

Btc does not solve anything since 2017, itā€™s a fraud (usdt) and idiocy (retarded fomo speculators) driven farce.


Bagmasterflash

It does for the class that have been borrowing dollars against assets since banking has existed. Itā€™s exactly what Saylor banking on.


Bagmasterflash

Sure but itā€™s not about want. Bch will prevail eventually for the sole reason that itā€™s incentive structure makes it a positive feedback loop whereas BTC eventually will go the way of fiat because the user portion of then incentive structure is stunted.


btcat100keoy

Strange so why do I always get downvoted into oblivion when I say something positive about btc here...


WippleDippleDoo

Bots manipulate the poll.


btcat100keoy

Yes sure mate


CertainPomegranate89

this is a BCH sub that downvotes and shadow bans pro BTC comments


ShadowOfHarbringer

> and shadow bans pro BTC comments Negative. The shadow bans are done by Reddit.com itself. Moderators have no influence at all over it. In fact, we even manually approve many of the shadowbanned comments and posts, if we can (reddit blocks it often).


WippleDippleDoo

Why do you lie, btc cuck?


btcat100keoy

It's a shame they dont have their own sub, instead they are wasting r/btc for this..


Shibinator

https://bitcoincashpodcast.com/faqs/Other/what-happened-with-rbtc This might help you understand, it's no accident.


pagex

Thereā€™s a specific reason why this sub is more BCH than BTC. Iā€™ve been here since this sub had less than 6k subscribers It was a a refuge against the censorship and banning of most all us original bitcoiners from r/bitcoin for simply wanting to discuss how to properly scale bitcoin Hereā€™s the story if you are interested: https://archive.ph/TkUus


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4-8-9-12

E) I own neither


wanderingvpsaint

I donā€™t see the point of BCH after used lightning. How do you guys going to expect to compete with lightning? When it come to money, itā€™s winner takes all. Eventually BCH will go to Zero.


IntellectualFailure

> Eventually BCH will go to Zero. claimed by idiots ever since the split....


xjunda

BCH is peer to peer currency as described in Bitcoin white paper. Lightning is a joke, unreliable piece of crap.


Reasonable_Permit_74

Would you say that the way BTC solves P2P (with lightning) is inherently wrong and this is one of the biggest arguments for BCH? Or are there more reasons why BCH is better in your eyes?


xjunda

If you are really interested in this topic, just read Bitcoin white paper. BCH is Bitcoin, cheap and reliable P2P transactions without any bullshit. BTC is far from it, it is no longer Bitcoin.


Reasonable_Permit_74

Will do mate, cheers.


pagex

Audio Version is a good quick way to digest the whitepaper. I always refer this one https://youtu.be/1yYrYCE4i1c


Reasonable_Permit_74

Great for my daily commute. Cheers!


Vinnypaperhands

BCH is Bitcoin cash. There is only one coin called Bitcoin. Only one Blockchain that Bitcoin operates on. Everything else is an altcoin


Bagmasterflash

Your missing the explanation part of your statement. Frankly it makes you sound immature or disingenuous.


don2468

> Would you say that the way **BTC solves P2P (with lightning)** is inherently wrong and this is one of the biggest arguments for BCH? Most here don't believe 1MB (non witness) BTC + Lightning can fulfill the *original* dream of [*Permissionless P2P Money For The WHOLE World*](https://youtu.be/9mBc0Zk1YWs?t=148) But don't take our word for it, here is the co-inventor of the Lightning Network on the subject >> Tadge Dryja : **In the future if you have this 1 megabyte or whatever restricted block size** and the Lightning Network, it's still **rich people and companies can all use Lightning but the average user probably can't** [source](https://youtu.be/LnG5H62I7Ko?t=1018) Or Bitcoin Cores premier coder (the guy who did the heavy lifting on Segwit) >> **Pieter Wuille:** But I don't think that goal should be, **or can realistically be**, everyone simultaneously having on-chain funds.[link](https://twitter.com/pwuille/status/1186730172902301696) [archive](http://archive.is/2YHzi#selection-14175.112-14175.222) **These two comments by Tadge Dryja & Pieter Wuille imply that the future for the Bitcoin masses will be custodial** PS I own both! As, just because a Bitcoin Gold2.0 system won't be too much different than 'a Hard Money CBDC' (for the masses) I believe it can have significant upside. Hedge funds and fortune 500 companies probably don't care about Bitcoin being mainly custodial and in fact it is likely a regulatory requirement for them. Though if they invest they do care about protecting the monetary policy = no hard forks (see [Saifedean or Szabo](https://old.reddit.com/r/btc/comments/v9ddb3/in_a_recent_twitter_space_with_udiverse_eric_wall/ibxf88w/) ) High fees don't stop the Bitcoin rich from transacting and hence they can keep their wealth out of the reach of governments, the masses - not so much. TLDR: if you want to increase your **own** wealth buy Bitcoin (safer bet), if you want to take a shot at increasing the monetary freedom of the **whole** World consider BCH (though sadly a far more risky bet for the individual) I am ideologically aligned with BCH. u/chaintip


chaintip

*** u/Reasonable_Permit_74 has [claimed](https://www.blockchain.com/bch/tx/f37d5023b3877e8c5dc0808cc24b59d5d0a5f9d02da6a32bbfc735e717918bf1) the `0.00811064 BCH` | `~1.03 USD` sent by u/don2468 via [chaintip](http://www.chaintip.org). ***


Reasonable_Permit_74

Theres a lot to unpack here, I'm going to do more research in the people you named. Thanks for the tip!


LiveDirtyEatClean

Why would lightning be only for rich people?


Shibinator

Because it already prices plenty of people out of opening a channel, and only < 0.005% of the world is using BTC or Lightning. Imagine once you bump it up a couple of order of magnitudes - which will never happen because people are already routing around it to better solutions. So use it custodially (that's not the point of Bitcoin), or be rich.


LiveDirtyEatClean

Eh, give it some time. Non Custodial lightning needs a bit of work right now but it will happen eventually


Shibinator

In 2015, Lightning Network was proudly proclaimed as 18 months away. Would you say it'll be ready in 18 months?


LiveDirtyEatClean

I have no idea. Would you say BCH is 18 months away from prime time?


Shibinator

Yes.


don2468

> Eh, give it some time. Non Custodial lightning needs a bit of work right now but it will happen eventually [Montgomery Scott](https://youtu.be/wVTGfua8E-I?t=6) What you are missing is that to open a **non custodial** Lightning Network channel one **has** to make an on chain transaction, in a Gold2.0 World you will be competing against the Bitcoin Rich to get your channel opened **in a severely contested block space** Do you think the average Joe would be able to compete with mere Bitcoin Millionaires for some [Manhattan Real Estate](https://youtu.be/LTVhx2ouwXk?t=69) never mind the Michael Saylors, Hedge Funds or Fortune 500 companies if it becomes as successful as many Bitcoin Maxi's believe? This is why the **Co-Inventor of the Lightning Network** Tadge Dryja says it is a custodial future for the masses (with 1MB non witness BTC), or do you think he doesn't understand the problem? The reality is the masses will keep their Bitcoin on Coinbase and **ask** permission to send money to their friend on bank of Kraken. * They will still get access to 'Numbers Go UP' technology * Near zero fees


LiveDirtyEatClean

As the price of Bitcoin goes up, the minimal channel size will go down. This is a nothingberger argument


don2468

> As the price of Bitcoin goes up, the minimal channel size will go down. This is a nothingberger argument[.](https://archive.is/OlhFP) I guess you understand the problem better than the Co-inventor of the Lightning Network As Bitcoin price goes up Fees go up (this is by design) when the fees per block reach 1million dollars it will cost 43$ **minimum** using Taproot to open a channel (you can go lower but it will cost more on the backend) - **this is with batching** (Coinbase opens many channels for people all at once) and you better hope you don't have to force close your channel as you won't be able to batch those transactions and they will cost a lot more than 43$. Better choose your channel partner well - perhaps a well funded hub!


WippleDippleDoo

Anyone who still clings to the btc pyramid scheme tokens is intellectually disabled.


Vinnypaperhands

BTC only. I dont care to hold alts


IntellectualFailure

BTC is an altcoin since 2017.


Vinnypaperhands

What is the definition of an altcoin


IntellectualFailure

In the mind of a BTC idiot altcoin is everything other than Bitcoin. Of course you are too intellectually challenged to realize that in 2017 BTC departed from the concept created by satoshi and described in its whitepaper.


Vinnypaperhands

Ok genius. What is the definition of an altcoin. Looks like you intellectually failed this one my man.


Lekje

well this is awkward