What are your thoughts on Bitcoin Cash?

in #bitcoin7 years ago

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I hear a lot of people saying Bitcoin Cash is actually a purer version of Bitcoin, since it doesn't rely on Segwit to accomplish the same things. Others say it's a FUD coin, it currently out ranked Ripple per market cap, either way it's here to stay. I wonder what are your thoughts on Bitcoin Cash? How do you think it will all play out?



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I thought it was going to drop in price right away but it just weennnnt ! If enough people jump on there might be no turning back... coin could become stable and become a contender.

Yeah I think it's current rankings on the charts will help! I don't know why there is resistance for it, both coins show different methods of the same goals, time to see which one wins out by marketplace...

These are initial days . . . but I do believe that Bitcoin cash will do just as well.

there can't be 2 bitcoin... one has to die.

There can, and there will be. And neither of them has to die.
Just like there are 1000+ altcoins still kicking about.

Probably going to linger around like all the other altcoins.
I don't think it's going anywhere.
In terms of price, I think it'll get dumped very soon. Right now, demand is artificially inflated because:

  1. It's not on any major exchanges yet
  2. Confirmations are super slow. Currently 0.2tx/second.
  3. Each time a block is solved, you see the price drop a little on viabtc, as people are able to dump.

Once it hits major western exchanges, I forsee a sudden spike in demand.

Be careful claiming it as well. There are poisoned binaries floating about which can steal your money.

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