"your confusing bitcoin with the ticker btc."The overwhelming...

  1. 898 Posts.
    "your confusing bitcoin with the ticker btc."


    The overwhelming market majority 93.2% (100% - 6.8%) recognise the BTC ticker as Bitcoin. Running an old node pre-fork will still run the Bitcoin chain, not the Bcash chain. Therefore to state otherwise is fraud.


    "bitcoin cash is the real bitcoin.bch."


    Bcash is just the real Bcash. Although if it keeps falling, it may become the new Ccash.


    "fyi. The price of bitcoin cash over the last year is up 27%

    the price of btc is up 7% this year."


    I have no idea why you feel the urge to correlate to a 3rd party measurement when you can directly measure the BCH / BTC price. That's an interestingly deceiving post. Rather than comparing Bcash and Bitcoin against the same point in time, you compare Bcash using a price from last year (You don't even specify the date) and Bitcoin with a price from this year. For a more honest measurement, try measuring both from the same point in time, ending in the same point in time:


    Bitcoin 01JAN18 = $USD14,156

    Bcash 01JAN18 = $USD2,533


    Bitcoin 29OCT18 = $USD6,481

    Bcash 29OCT18 = $USD438


    Therefore:

    Bitcoin is down 14,156 - 6,481 / 14,156 = -54%

    Bcash is down 2,533 - 438 / 2,533 = -83%


    And here's a chart directly comparing Bcash to Bitcoin from January 1 to today:


    https://hotcopper.com.au/data/attachments/1340/1340280-27d7e68c07e873e41fb00fb442c01bc1.jpg

 
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