[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 8 KB, 309x163, bch.png [View same] [iqdb] [saucenao] [google]
24324793 No.24324793 [Reply] [Original]

is it justified that BCH should get all this hate? it just tried to be a scalable version of btc.

Convince me to sell my bch

>> No.24326608

>>24324793
fuck off roger

>> No.24327897

>>24326608
good arguments

>> No.24328008

>>24324793
I don't hate it I just really really really don't care

>> No.24328464

>>24328008
yet you are in this thread

>> No.24328544

>>24324793
I know it's a hard fork of Bitcoin, but it's use case and utility is so different from Bitcoin, it seems like it's just capitalizing off Bitcoin's name, and banks off people thinking
>"Well it's Bitcoin so it must be good"

>> No.24328682

>>24324793
The fight for blockchain to win currency is over. It's not good for currency, no one "decided" this, BCH had its chance, just like BTC, and the market rejected them.
Even Bitcoin lost. It's too slow and too expensive to be practical in this regard. And while BCH is 20x faster than BTC, BCH is 1 million times slower than VISA. CBDC's will divide this gap further. Also, no one wants to sell their crypto, metrics show that people overwhelmingly like hodling their crypto. Especially Bitcoin. You can stomp your feet, but you can't fight it.

There can be different interpretation's of Satoshi's vision, and the store of value use case was discussed with Satoshi early on. However there are people like Roger Ver that are adamant about it being a currency. My heart goes out to Ver, but he'll be the first to admit that if you want to get rich don't buy BCH, that's not what it's for.

If you're really interested or have a large stack of BCH you should listen to Michael Saylor's recent interviews, he goes in depth on why from an investment standpoint BTC will overwhelmingly crush BCH. He's very convincing on the subject. You only need to look at market share and metrics however, it's not even comparable.

>> No.24328873

>>24324793
It's just going to keep forking into smaller and smaller niches of bitcoin.

>> No.24328893

>>24328873
meaning more money for me to convert into BTC kek

>> No.24328944

>>24324793
I didnt know there was hate for it (I hate bsv tho, its a pile of shit and creg can go to hell). That being said, I have maybe 4 just cause of the fork and have no idea what progress they are making. Do they still have an active community? What new things have they done?

>> No.24329079

>>24328682
>create debit card fueled by crypto
>deposit some btc on debit card company wallet
>visa speed transactions with stores that accept the Company flag
Such a hard problem to solve...

>> No.24329265

>>24329079
Yeah I have the crypto.com card, it basically does this. Not sure what you're saying here, but I'm sure you realize those transactions all occur via 3rd party and via their centralized platform - that's how the transactions happen as you're not actually interacting with the blockchain.

>> No.24329341

>>24329265
That is ok.
Banks running crypto are also OK.
There is no need for everything to run through the blockchain as long as we can easily replace the third parties.