Bitcoin Cash BTC versus BCH. Help me Understand.

BTC versus BCH. Help me Understand.
Noob looking to the future with a question about BCH vs BTC.
Bitcoin Cash has been added to Exodus Multi Asset Platform!
What happened with the hardfork
I just received a bch tip from tipperbot on twitter, but
Wrong address?

Posted: 25 Apr 2019 01:50 PM PDT

I sent this to Andreas, not expecting a response, no surprise, I didn't get one. I don't blame him. Hes busy, owes me nothing, and it probably wouldnt be good for him to endorse or bash a particular coin to somebody he doesn't know at all.

Hello Andreas - I have read your books the internet of money and mastering Bitcoin. I am urologist so I did not follow all of Mastering BTC, but I did get the main points. I have been reading, following, and using BTC for about 9 months now.

Here on Twitter there is so much deception within the community. I have a question and honestly do not know of a good source other than you because people are so attached to their own coin.

Here is my concern/question: I have been primarily investing in and using BTC and think the coin meets your 5 criteria you laid out in the "blockchain or bullshit" talk from South Africa. The security and Store of value is untouchable. 2nd layer scaling looks promising. But BCH seems to provide the alternative which is on chain scaling. I suspect a few coins will emerge with good use cases over the next decade. It seems like BCH meets your 5 criteria as well with the only concern being the centralization issue - which could change with time. As I think about this issue...it doesn't seem wrong to support, use, and invest in both? Litecoin, I guess, presents another option for on chain scaling? I only have used and invested in BTC...bought a small amount of LTC once but converted it. I read about BTC, BCH, ethereum and litecoin. I do not have time to research the other coins. I approach you with this because it is hard to find a reliable source in this space. I do not trust some of the people promoting BCH...but do think Roger Ver makes great points.... If you have time to answer/comment I will not take your response as investment advice and would never, under any circumstance, make your response public or known to anybody other than me.... I have posted this issue on my Twitter but got no responses because low followers.. Have a wonderful day. Thanks for all you do in the crypto space and elsewhere.

I know this is old news for most of you guys. The "scaling" debate. I have watched Roger Ver debate so many people and to be honest, he always wins. His points are solid. "Do you want to be able to buy coffee with bitcoin?" He goes on and on. He tweeted today about making the fees so high as to drive people off chain, etc.

When I got into crypto I did my research, did the reading and continue to do so. One person, early on...said "never buy BCH. Some "newbs" make this mistake. So I have been against it from day 1, but cant help but think to myself that maybe BCH has a role. Maybe it will be a coin to emerge from the pack.

Help me understand. What am I missing?

Also, I own NO BCH. I am not trolling the BTC forum. I consider myself a BTC maximalist at this point.

UPDATE 1: SHOCKED. r/BITCOIN BANNED THIS POST. None the less, please help me understand.

UPDATE 2: Could not post to r/cryptocurrency because it said I do not have the correct karma. This degree of censorship feels terrible, wrong.

submitted by /u/allb0003
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Noob looking to the future with a question about BCH vs BTC.

Posted: 24 Apr 2019 06:27 PM PDT

EDIT: "Some questions", not "a question"!

Looks like the fundamental difference I'm seeing between holders of these coins is:

BTC: Care more about having something significant that has value and can be used as a store of value. Actually doing transactions with it isn't the main concern.

BCH: Mostly concerned with being able to use BCH as a currency, so prioritizing fast transactions speeds and low fees.

In my limited experience it indeed seems like BCH moves around quicker and has lower fees, so it seems like it's accomplishing this goal. On the flipside, BTC people seem to be more concerned with just holding an asset that can appreciate.

Looking around on both Reddit and Youtube, you hear all kinds of conflicting info. Some conflicting claims I've seen recently:

1) "Lightning Network is a bandaid tacked on to solve a problem but can't actually solve it because it's a layer on top of the network, so it sucks." vs "Lightning network has revolutionized and renewed everything! BTC forever!"

2) "BCH volume and acceptance is way down, and it's on it's way out." (Despite CoinMarketCap and monthly/yearly charts showing the opposite.) Saw some posts on Reddit yesterday saying "Someone who uses BCH in 2019? LOL NOOB". BCH is still ranked #4 on CoinMC above many other growing coins, so it doesn't seem like it's exactly on it's "way out"...

3) "BCH is just a splinter of the real thing, so it's stupid" seems to be a pretty strong sentiment among BTC-purists. Though it is a splinter, it does seem to actually be more useful as a currency than BTC...

4) Seems recently that the further split of BCHABC and the other one has made BCH lose even more credibility among broad-market observers, while those in the trenches seem to say "Each splinter is another step in the evolution of making the perfect crypto!"

All in all it's surprising how this whole debate and constant back-and-forth almost puts democrat-vs-republic loyalist fighting to shame. It borders on mind-controlled cult zealot levels, making it hard to push through all the opinions and facts. Another difficulty is that almost every time someone is saying something about a specific crypto, it's biased because they're invested in that one.

So I guess my questions are (and I realized which subreddit I'm asking this in, so I expect some bias, but would love to hear your thoughts...):

A) Rather than BCH vs BTC, is it possible/reasonable to visualize a future where they both play big roles? Or does one eventually have to "win out" putting the other one out of business?

B) Do you hold both for different reasons? Or have you gone all-in on one?

C) If you're all-in on BCH, is your primary reason for choosing it the fact that it's useful as a currency? Or are you also aiming to have it appreciate drastically to boost your portfolio so you can switch to cash at some point?

Super long and winding post, but any feedback would be helpful for me to move forward!

Thanks in advance!

submitted by /u/levorg
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Bitcoin Cash has been added to Exodus Multi Asset Platform!

Posted: 25 Apr 2019 02:18 AM PDT

submitted by /u/Wonderful_Hold
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What happened with the hardfork

Posted: 25 Apr 2019 08:06 AM PDT

I've not been paying attention to bitcoin cash since the fork with BTC.

I guess there was a second hardfork at block 556767 or something. My bitcoin ABC is stuck on that block and I'm not sure how to proceed.

What's happening with the fork?

submitted by /u/__Pandemic__
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I just received a bch tip from tipperbot on twitter, but

Posted: 25 Apr 2019 01:14 AM PDT

I don't know how to withdraw it. I want to withdraw it to binance but it shows two coins ( bchsv and bchabc) which address should I put in? And I also tried coinbase , but the transaction is completed but it shows its pending ( the coinbase account is not verified). What do I do now?

submitted by /u/intelligent_chimp
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Wrong address?

Posted: 25 Apr 2019 03:28 AM PDT