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RE: Bitcoin Cash Seems Incoming to CoinBase!
BCH has already shot up in price. Perhaps this is already getting factored in ? While BTG has been languishing in the $200's.
Do you think BCH will replace BTC as the #1 crypto coin or will they just be 2 separate coins?
They both will lose and another coin will take its place. Bitcoin can scale without directly increasing block size. https://steemit.com/bitcoin/@sames/here-are-all-the-plans-bitcoin-plans-to-scale-without-increasing-block-size
Bitcoin cash well there is a limit to how much you can increase the blocks without losing a bunch of nodes.
Bitcoin could survive longer or even remain the dominant coin if they combined all the scaling ideas. But it won't happen i just hope the coins that replaces them is a coin i own :)
I probitcoin but even i know bitcoin will just make the world accept crypto but not be used.
Bitcoin is a vehicle, the fiery torch and spark of this culture and industry. It still plays a big central role as an established medium to invest and support next generation technologies surrounding this community. Will it be the answer it was conceived to solve? Most probably not, but it sure did snowball effect this movement. Understanding Bitcoins history, purpose and set backs has been the biggest support in the expansion and development of this revolutionary technological race. What does the Future hold? Only time will tell.. I personally believe it could very well reach 50k by 2018. No time has ever been more exciting than now in the crypto space.. I'm very excited to see the new innovation coming out, blessed to be apart of this movement. Peace love and happiness to all and happy holidays.
I agree :)
I really think so, specially because if you want to make a small trasfer of bitcoin the feed tax is too expensive and that is one of the problems tha the people hope the criptocurrencies fix
I think it's priced in quite a bit...but what is certainly not priced in fully, is the mainstream (casual buyer) that will see a new coin, and buy just a little.
Good point. I think the crypto community underestimates the market's ability to price information in advance. That said, I'd still expect a significant price increase if / when Coinbase add BCH to the platform.
For sure it will pump. just being a option on coinbase gives new investors more confidence in it
Great point, and so true. The mainstream casual investor can trust Coinbase...but are probably skeptical about signing up for the other exchanges, wiring money over, etc. A lot of pent up demand for alt-coins that I don't think is fully priced in.