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RE: POV: BTC vs BCH, wild market
How can anybody transfer their funds from the BTC network when it seems to be backlogged for days? all these people must have been transferring from BTC to BCH since last Wednesday. Technically before the 'developers' announced their abandonment of the BTC network and just in time to pull their own funds from BTC to BCH... equivalent to insider trading.... which seems like a legitimate argument for a law suit.
I paid $20 to transfer some btc to my kraken account on Friday night in an attempt to buy some bch and it just went through this morning. Now I'm like what's the point... Having to wait over a day and pay such high fees kind of makes me think btc will simply be a store of wealth, if anything. Its not a terribly efficient form of payment nor is it cheap, which aside from being deflationary, I thought was the whole appeal of the currency.