Bitcoin Cash ranked #4 nowadays, can be called a scam. It is even called a scam in few sources. For example, coincall.io
intentionally misleading newcomers to believe it's the "real" Bitcoin, for example misusing bitcoin.com and the @bitcoin twitter handle.Actually, it is true. bitcoin.com provides no information at the top of the page that this website is dedicated to Bitcoin Cash.
On Reddit, /r/BTC is related to Bitcoin Cash, not Bitcoin itself as it provides bitcoin.com in the resources and information section. No links to the actual Bitcoin official website bitcoin.org and that's not right at all.
We understand that this might be just marketing and Bitcoin Cash team tries to promote their coin as the successful update of Bitcoin that should replace it, but this marketing is too aggressive and might give the coin bad reputation of the scam.
Their position is stated in "Featured" section of bitcoin.com:
The Bitcoin Core (BTC) network is in trouble due to high fees and slow transaction times. Bitcoin Cash (BCH) is the upgrade that solves these problems.
Money is changing the crypto world
We have already seen disagreement of ASIC industry with ASIC-resistant fork of Monero Lithium Luna. Now we see aggressive marketing and intentional misleading by Bitcoin Cash team.The more money comes into the crypto world, the more it stops being community-driven and turns into money- and marketing-driven. To keep tolerating bad behavior and suspicious business practices or not - is the choice that all of us will have to do one day.
The choice for the community should be obvious if we remember, that naive experiment to create a better economic model that started cryptocurrency movement was not about making money. It was all about delivering real value through new technology and providing freedom of expression.
To continue this topic, it's worth reading the article by coincall.io that exposes heavily problematic crypto projects. The article about shady Bytecoin might be interesting as well.
Posted from my blog with SteemPress : https://coinatory.com/2018/05/05/bitcoin-cash-a-scam/
It is indeed a scam, not the coin itself per se, but the way it is promoted.
they actually have to do this if they plan to overtake the original Bitcoin. And as Bitcoin itself has only support of the community, aggressive marketing has all the chances to win. Later on, Bitcoin Cash will become "the original Bitcoin"
History is Written By the Victors - the sad truth.
Welcome to the dark seedy underbelly of the Internet that has been alive and well since about day 1 of the internet. Ripoff artists run amok, and as you pointed out, it's not right, but there isn't a thing that can be done about it. Buyer beware. It's the way of the world on the internet.
Brent
we think that it is natural process, when money comes in crypto world. Big money makes people play dirty
Then you got that throwing gas on a smoldering fire. Human nature with no sherriff in town. What could possibly go wrong?
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