Honza Cervenka says "Bitcoin VS Bitcoin Cash !?!?"
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
***I am in the process of adding many of my videos from YouTube on to DTube. Apologies for any posts that you've already seen before!
Original date of upload: December 21st, 2017
▶️ DTube
▶️ IPFS
Well, that was pretty short. In my opinion, it's better to put hardforks on Bitcoin and solve the issues that it may have than to go creating new cryptocurrencies to "substitute" the one that is already on the way to improvement, to become what we really want.
Otherwise, we'll be promoting eternal branching and weakening of each cryptocurrency that we want to support and that will probably end up in many of the concepts dying from weakness in the face of other stronger cryptocurrencies that may not be as good but have been solid since the start.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
True I do see merits in hard fork but they lead to less nodes. Don't get me wrong bitcoin will need to do a HF to make the LN even cheaper and faster. However the concept of just HF justs seems sad. Oh we need to scale...let just inc the blocks and sacrifice some nodes . Second with the use of atomic swaps and other tech-bitcoin sidechain will become so easy to use. These sidechains will give the tech of altcoins the price and brand name of bitcoin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I definitely chose bitcoin as well. However, when you mentioned bitcoin cash I remember your friend Marc De Mesel who is actually invested in bitcoin cash. And he did pretty well in past as well. I’m invested in bitcoin cash a bit as well, but mostly in bitcoin and other known cryptocurrencies. Definitely with you on bitcoin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am not so much of chooser but more pragmatic in matters of crypto currency. This might sound shallow.................
hear me out - building on the premise of what you state. That decentralization is the key aspect. Even primary factors like scaling come after it. There is going to come a time where govt's would force the semi-centralization of crypto's and this probably what you refer to as crack down. We need as many nodes as possible and we need the width of social spectrum, i.e. that people from all walks of life participating on the blockchain - particularly crypto's. Which would include things like mining to tender to trade of the coins.
At the end of the day I believe that if a currency can justify it's existence in the market then I will take recognize it. No matter the fork or the source (as long as it is open source with multiple nodes).
That all being said I still like to clarify that I hold Bitcoin in my portfolio but no Bitcoin cash.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Short therm bitcoin cash can outperform bitcoin. But if I had to chose, it’s no brainer, it’s bitcoin. Even though bitcoin cash has lower fees as of now, I’m sure it will eventually levels out. You need bitcoin to buy other currencies. And as you mentioned example of China, decentralization... without doubt bitcoin “legacy”. Just imagine if you eleminated these two coins, which one do you think will have bigger impact on overall crypto market?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Simple explanation and I agree 100% with you. Decentralization comes first and it is most important thing for BTC.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This fight between bitcoin and bitcoin cash has become very irrational. The fanatics of each coin focus on talking badly about each other. The most rational is to maintain a unbiased stance, to support the currency that is most useful and innovative, it is not a question only of reputation and fanaticism
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
this one right here ^^^
Thank you for speaking my opinion.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Depends on the reasoning. Bitcoin is the brand, the name, the future. It will always be a store of value, very limited supply and it tradable against all other coins on exchanges. So it will continue to grow in value.
Bitcoin Cash on the other hand, has faster transactions, lower fees and is more likely to be adopted for day to day use. As it is partnered officially with Bitcoin it will continue to grow in popularity.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
"Bitcoin Cash has the advantage of lower transaction fees and faster transaction times. The more widely used Bitcoin has been testing a new technology, called Lightning Network, that, if deployed at scale, could significantly cut Bitcoin Cash’s advantage..."
https://goo.gl/YjvaeV
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin vs Bitcoin Cash.... which side am I on? Steem! Bitcoin is good and everything but it's running on obsolete tech at this point and they need to speed up development if they want to survive 2018.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bitcoin is the real bitcoin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
for now bitcoin seems a safe bet , with cash being a secondary one possibly cheaper , it may even out after a while as something else will come along
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Other wise we would have litecoin core,dash core and etc
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi louis even i am new in this world of crypto i am agree with you
BTC for the win :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Am with bitcoin buddy, bitcoin has been around for a while and i have some basic understanding about it. This bitcoin cash is new and i dont even see its use, i might be wrong tho
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good video! Resteemed!
Im in favor of bitcoin myself but i acknowledge that bitcoin cash is a great product.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
In general, these two cryptocurrencies do not differ a lot, aside from the transaction potential. Both of them have the same hashrate, while users believe that there is not much difference on the front end of these two assets.
However, the greater transactions processing power implies faster payments and lower fees. This comes as a great advantage.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They don't have the same hashrate......
And many users know the diff between the two know.
One is LN,sidechain+onchain and other is on chain for the glory..
But yes the coin that is most decentralized yet offers speed is the winner(cough bitcoin..)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have yet to hear a compelling argument for BCH apart from transaction fees. Will this argument still hold once the lightning network is fully deployed .. I doubt it. IMHO there seems to be commercial interests behind BCH and a dodgy agenda to convince people that BCH is the real bitcoin. I prefer the original.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin Cash is the result of a bitcoin fork. It is extremely similar in many ways to bitcoin, but Bitcoin Cash has a few technical differences that make a big impact.
One difference, which has many significant follow-on effects, is the difference in block size. Bitcoin has a 1MB block size, while Bitcoin Cash has an 8MB block size.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Not exactly bitcoin has a block weight know which in layman term is a 2-3mb block inc done by a soft fork. Some nodes store 1mb of data other 2-3 mb. This is segwit with the use of segwit comes other tech such as schoor and etc...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
32 MB now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin Cash on the other hand, has faster transactions, lower fees and is more likely to be adopted for day to day use. Bitcoin Cash is the result of a bitcoin fork. It is extremely similar in many ways to bitcoin, but Bitcoin Cash has a few technical differences that make a big impact.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes sir, Bitcoin is the best.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Both coins are very similar, but it’s the differences that count.
Bitcoin Cash (BCH) is the result of a bitcoin fork. It is extremely similar in many ways to bitcoin (BTC), but Bitcoin Cash has a few technical differences that make a big impact.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So does bitcoin(btc) it has malleability fix that lead to second layer.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I have heard about bitcoins .. but I didn’t know much about Bitcoin cash ... thanks for sharing this video ... Now i got some idea about Bitcoin cash too
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
So technically you left it open ended since either can claim to be more decentralized under different a rationale and can claim to be the original bitcoin. You didn't answer the question.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The Bitcoin vs Bitcoin Cash thing always confuses me. I'm with you on the decentralisation coming first. Which one is that then?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin all the way
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This video is very old and it’s kind of not relevant today’s crypto world.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am definitely with you on that @louisthomas
Decentrallization should be everyone's number 1 priority!
And also I am on original BTC too even there are rumors that BTcash is the original BTC...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Did you just get downvoted just for speaking about Bitcoin Cash?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree.
The debate is over. There is BTC and nothing else. The entire BCash fork did not solve the problem. Now they are going to 32MB sized blocks....can you imagine trying to download that blockchain?
Also, according to the apostle Bitcoin Jesus on CNBC, he said that Bcash can now do 30 TIMES what BTC can...wow that means 240 transactions per second.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Don't worry my dude they'll just go to Tb block to get 6 mill tps. ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Team Bitcoin! An original is always worth more than a copy. Both have pros and cons and Bitcoin Cash is currently sitting at a much smaller valuation than Bitcoin, but I still prefer the original Bitcoin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am a BTC holder, however my first interest is the ecosystem as a whole. The problem with Bitcoin Cash is for new investors it is very confusing. Most people don't even know there are forks of BTC and then don't even know what are forks.
No one would have a problem with BCH if they just made a fork and moved on, the issue is they are using a number of sneaky tactics to pretend BCH is "Bitcoin", these causes even more confusion and in my opinion is downright fraud.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
100% upvote for that! Bitcoin is bitcoin and all these forks including Bitcoin cash need to stop trying to claim themselves as it. Utterly annoying what the devs and guys are doing over at bitcoincash there is just no end to their brash and trashy shady tactics.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I agree with you too! While I hold alot of altcoins,I love bitcoin the most(one of the most...). I love the way in bitcoin there two diff forces making the rules for bitcoin keeping each in check. Full nodes and Miners. I also love the LN and side chains tech that are being/going to be used in bitcoin/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I choose bitcoin cash because it is more fast in transactions
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I chose bitcoin bc well I tested out the LN and it so fast and cheap.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bitcoin was the king
bitcoin will be the king
bcash is opposite to satoshi's vision
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bitcoin Cash vs Bitcoin – a war of two crypto titans!
![](
On the blockchain, transactions are stored and submitted in blocks. The computers verify the entire block of transactions at once by solving a complicated math problem. When the problem is solved, the transactions in the block are verified and new Bitcoin is created — it is given to the computer that solved the problem. This process is called mining!
As Bitcoin Cash is a fork of Bitcoin..
you can invest into Bitcoin Cash to use it as your main form of currency to transact with. However, you could invest into Bitcoin the way you would invest in gold – for investment benefits.thanks for sharing your Awesome video,,
@upvoted
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Can't thumbs you up for some reason!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ahaha but did you sell your bcash?
I happily sold mine just before the hardfork up to 32mb as they're nowhere near capacity, sure I know they wanted to have more space for messages due to https://memo.cash/
But as Ver keeps on saying Satoshis white paper clearly states that bitcoin is meant to be digital cash this looking more like bitcoin.socialmedia and seems like a desperate attempt to get people to use the coin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope Bitcoin is a safe currency for deals in any kind of business.
It is easy to store in your wallet and it is easy to makes any business transactions.
I think it is good future currency for next generations.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is the best answer you can give, decentralization and security come first!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit