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RE: Big news. Bitcoin Cash gets added to Coinbase as Bitcoin core falls. Here's what I did and why.
Everybody is free to back the coins they want. Diversification, also outside of crypto, is the way to future-proof earnings and holdings. IMHO I see more future in some of the up and coming Altcoins, and hence have also bought in there.
Yeah, me too. Bitcoin could end up committing suicide if it continues like this, or it will be just another altcoin..so to speak. The latter is just fine, and I guess unavoidable. First Ethereum will pass Bitcoin, then some other utility tokens etc. In time the most valuable crypto asset will probably not be a pure currency.
I'm watching cautiously for any sign that it is going South, then I'll move half or all over to LTC, which I actually prefer over BTC, Dash and ETH.
However I do see a day when both BTC and ETH lose their crowns just because they are starting to fall behind in the innovation race. There are new contenders that might unseat them because of people's growing discontent with slow and expensive transaction times. On one hand, I can understand the BCH crowd, because if BTC keeps going this way, it will be just as obsolete as standard fiat banking.
I just dony understand why there are so many sjw socialists loving bitcoin, and why bitcoin is basically a governmwnt - slow, expensive and the people hateful.
Its sad to see thst people have learned nothing and that many of the bitcoin crowd are just sjw antifa type communist thugs. It saddens me, and that makes me sceptical