Altcoins Is Bitcoin Cash the real Bitcoin? Published 8 months ago on June 1, 2018 By Coinnounce - Coin Announcements Share Tweet Is Bitcoin cash the real bitcoin? What is Bitcoin Cash? Bitcoin Cash (BCH) is a digital currency made through a fork of the Bitcoin arrange. This implies any client who held Bitcoin at the season of the fork (August 1, 2017), now has a proportionate measure of Bitcoin Cash on the forked Bitcoin Cash blockchain. How is Bitcoin Cash not quite the same as Bitcoin? Bitcoin Cash was made as a response to the years-long level-headed discussion among the Bitcoin people group in regards to the most ideal approach to scale Bitcoin to more clients. The most straightforward arrangement and the one embraced by Bitcoin Cash is to expand the Max Blocksize Limit parameter of the Bitcoin codebase. While Bitcoin’s piece measure restrains stays at one megabyte (taking into account ~250,000 exchanges every day), Bitcoin Cash has expanded the farthest point to 8MB, taking into consideration around two million exchanges to be handled every day. To the extent the clients of Bitcoin/Bitcoin Cash are worried, there is next to no recognizable contrast on the frontend when utilizing either money. The principle distinction between these coins is the way that, given equivalent hashrate, BCH convention takes into consideration more exchanges every second which means speedier installments and lower charges. The Bitcoin people group is looking to totally decentralize the Bitcoin arrange that keeps on being cornered by the mining business and a couple of profound pocket diggers inside the mining group, who have most of the hash control at the display. Related Topics:AltcoinBitcoinBitcoin BillionairesBitcoin CashBlockchainDecentralized Up Next Is Bitcoin Gold a Scam? Don't Miss Bitcoin billionaires – who are the top 10 Continue Reading You may like Ethereum hard fork vulnerability: Constantinople delayed yet again. 2019 Cryptocurrency Prediction: What could one expect from bitcoin? Are Cryptos and Government like Water and Oil? Bakkt Exchange Updates: Acquires Certain Assets, Launch Delayed Pablo Escobar’s Brother: Roberto Escobar launches Escobar Stablecoin ICO Top 10 Cryptocurrencies according to Market Capitalization 3 Comments 3 Comments Pingback: The rise of Altcoins – Coinnounce | Bitcoin Daily Pingback: The rise of Altcoins - Coinnounce - CryptoInfoDesk Pingback: The rise of Altcoins - Coin Desk Hub Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Altcoins Cryptocurrency Market Updates: Bitcoin May fall further Published 2 months ago on November 24, 2018 By Layla Harding The cryptocurrency market is still facing the same bullish trend today, yet again. Bitcoin price recovered a little with trading around $4300 to $4400. Yesterday the price of bitcoin fell up to $4190. Ethereum is still trading at a year and a half low of $125. Apart from ethereum, most altcoins are showing small corrections. Bitcoin Cash moved 3% upwards while Monero has moved 4% upwards in the last 24 hours. Bitcoin Gold and Bitcoin Diamond have had good gains for the day with 8% and 16% rise. IOTA is trading at around $0.32 which shows a 6% improvement from yesterday’s price. NEO is up by 5%. However, the small gains are nothing in front of the massive downtrend these altcoins went through in the past couple of days. Cryptocurrency Market Capitalization Improved The total cryptocurrency market cap yesterday came down up to $136 billion which was the lowest of 2018. In the last 24 hours, cryptocurrency market has managed to add $4 billion in the market capitalization adding to $140 billion. Over the last week, the cryptocurrency market had lost over $40 billion and over the last month, around $70 billion have been erased from the cryptocurrency market capitalization which is yet to be recovered. Bearish predictions for bitcoin While the market cap is trying to recover the price predictions for bitcoin still remain bearish as many cryptocurrency analysts have predicted that the only support after the current significant support of $4000 is at $3000. So if the price drops below $4000, it will definitely reach down to $3000 after which the price is expected to recover. The overall situation of the market is still harsh as there is no major recovery from the massive losses that occurred in the past few days. What do you think about the bitcoin predictions being made by crypto analysts? Tell us in the comments section below. Continue Reading #Bitcoin Bitcoin Cash Hard fork screwed the whole cryptocurrency market Published 2 months ago on November 19, 2018 By Layla Harding The original Bitcoin Cash split into Bitcoin ABC and Bitcoin SV during the hard fork but no one is sure to weather BCHSV or BCHABC will survive in the market as the hash wars still continue. The hard fork has lead to an uncertain future of Bitcoin Cash and also screwed the whole cryptocurrency market. The Price of both the new coins is on a continues decrease where Bitcoin Cash ABC values at around $226 and Bitcoin Cash SV values at around $76. Cryptocurrency Market Crash The whole cryptocurrency market is suffering because of the continues wars going on between the two teams which have created a bad reputation of the crypto space to the newbies. At this time when more and more institutional investors were entering into the cryptocurrency space, the hard fork has created a feeling of Fear, Uncertainty and Doubt amongst them. BTCUSD yearly chart As the hard fork started, the entire cryptocurrency market faced a downfall where all major cryptos are on a 6 month low with bitcoin trading around $5200 that is a yearly low for the most dominant cryptocurrency. The decline is the price has created fear in the minds of investors who are now talking about capitulation. Should Craig Wright be blamed? Craig Wright who claims to be the real Satoshi Nakamoto and the founder of the original bitcoin has been funding his side of the war using BTC. Cryptocurrency enthusiasts around the world are criticizing Craig Wright and also calling him a lier. To all BTC miners… If you switch to mine BCH, we may need to fund this with BTC, if we do, we sell for USD and, well… we think BTC market has no room… it tanks. Think about it. We will sell A Lot! Consider that…. And, have a nice day (BTC to 1000 does not phase me) pic.twitter.com/oUScEahtWc — Dr Craig S Wright (@ProfFaustus) November 14, 2018 Oh. And @JihanWu and @rogerkver selling… they will also have to sell BTC to pay rented hash. If this is a long war… expect 2014 prices in BTC… think what that does… Have a nice day — Dr Craig S Wright (@ProfFaustus) November 14, 2018 The local media’s role The real reason behind the rise of cryptocurrency and blockchain was the mass adoption by people who heard about it through local media. At that time, the local media described bitcoin and other cryptocurrencies as the future of money explaining the decentralized nature of such currencies, but now due to the wars within the cryptocurrency ecosystem, the local media has started to criticize cryptos and people have started to lose faith in the crypto market. If the amount of money being used in such hash wars would have instead been used for the development of the crypto ecosystem with advancements such as lightning network, the market could still be flourishing rather than being on the verge of getting sunk. Continue Reading #Ripple Price Analysis XRP price analysis and market updates Published 2 months ago on November 18, 2018 By Janet F. Sanchez XRP has overtaken ETH again by becoming the number 1 altcoin according to market capitalization. Crypto analysts believe that XRP can soon outrage bitcoin too and take the spot of the number 1 cryptocurrency while bitcoin is still more than 52% dominant. XRP had a downfall last Wednesday when XRP price fell to $0.43, but in the last 24 hours, XRP experienced a good bullish momentum with a 12% rise trading above $0.51. XRP is currently trading at $0.519 (at the time of writing this article). XRPUSD 5 day chart One of the major reasons for the rise of XRP is the approval of cryptocurrency ETF by the Switzerland authorities and also the adoption of RippleNet by more and more financial institutions worldwide. Many other altcoins apart from XRP also experienced a bullish momentum in the last 24 hours. XRP is on the top of the list for gainers while Stellar and Monero are on the 2nd and 3rd position. The price of bitcoin showed little improvements by remaining above $5600 mark. Many financial analysts predict a bearish future for cryptocurrencies in 2019, while many other cryptocurrency enthusiasts believe that the following predictions are just to create a feeling of fear amongst the cryptocurrency investors. What do you fell about the same? Tell us in the comments section below. Continue Reading Advertisement Advertisement Latest Crypto News #Ethereum3 hours ago Ethereum hard fork vulnerability: Constantinople delayed yet again. #Bitcoin7 hours ago Is Bitcoin Mining still Profitable? #Bitcoin19 hours ago Gold Investing: Top 5 Ways to Invest in Gold and Why you Should do it? #Bitcoin22 hours ago 2019 Cryptocurrency Prediction: What could one expect from bitcoin? 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