Illegitimate duplicate of the original Bitcoin. The equivalent scenario in the fiat world, would be a minority of people working inside the Federal Reserve suddenly defected and start printing USD on their own, albeit using A4 size papers for their fake money notes.
Blocksize increase alone will not be sufficient, larger block size also means more centralisation. The real upgrade is to move some of the load offchain called Segwit, which is also a prerequisite to lightning network.
Thirdly, if you compare their trends with hundreds of other altcoins, you would then realise the whole project is just another pump and dump scam.
Blocksize increase alone will not be sufficient, larger block size also means more centralisation. The real upgrade is to move some of the load offchain called Segwit, which is also a prerequisite to lightning network.
Thirdly, if you compare their trends with hundreds of other altcoins, you would then realise the whole project is just another pump and dump scam.
A: Should I buy Bitcoin or Bitcoin cash?
B: Even dogecoin is more legit than bcash. Just buy and hold Bitcoin proper dude.
B: Even dogecoin is more legit than bcash. Just buy and hold Bitcoin proper dude.
by Henry law August 21, 2017
Also known as Bcash, Btrash or Shitcoin, it is scam aimed to confuse new bitcoin buyers, it's a highly centralized shitcoin promoted by the worst scammers in the cryptocurrency space. Bcash promoters call it a bitcoin fork but it's nothing but a copy of the original code with a small difference, a blocksize limit increase to make it more profitable for miners and more centralized. Bcash was airdropped to the original bitcoin holders which made most to dump their bcash in exchange for more bitcoins.
My friend bought "bitcoin cash" believing it was the real bitcoin, tried to make a bitcoin payment only to find out they are two completely different networks, another one scammed by the nigerians of crypto.
by Bitcoinization January 30, 2018
Refers to both the illegitimate fork of the bitcoin protocol and the ensuing shitcoin.
Abbreviated as BCH and BCC.
Abbreviated as BCH and BCC.
by Bitgod42 August 20, 2017
An electronic based on currency designed to have low fees. Bitcoin Cash (BCC) split off Bitcoin when transactions were too expensive and took too long, leaving only the Segwit shitcoin behind.
My dealer only takes Bitcoin Cash now, because he's worried about getting raided. He used to take Bitcoin, but it took $5 in fees and 3 hours just to buy a dime bag.
by Cultural Dissenter August 21, 2017
A peer to peer electronic cash with minimal fees allowing you to send money across the globe in minutes for less than a penny.
"Hey man do you accept Bitcoin?"
"No, the fees are far too high and transactions take days to go through. I only accept Bitcoin Cash, the true Bitcoin!"
"No, the fees are far too high and transactions take days to go through. I only accept Bitcoin Cash, the true Bitcoin!"
by rawb0t August 21, 2017
Bitcoin Cash is a fork of the Bitcoin protocol that is being transformed as a settlement system for and by a company called Blockstream. Bitcoin Cash keeps the original vision of Bitcoin as per the creator's whitepaper entitle "Bitcoin: A Peer-to-Peer Electronic Cash System" which aims to scale the Blockchain to keep it accessible for all to use without restrictions. Bitcoin Cash is also falsely refer as Bcash.
Bitcoin Cash is the original Bitcoin
by Tony6464 August 21, 2017
The true version of Bitcoin used by the OG's of the coin economy. Often referred to as Bcash or Btrash by broke mindless crypto sheep that pose as coiners, but don't actually use Bitcoin or can't afford multiple currencies.
by Ithrowcards May 8, 2018