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RE: I Looked Into SegWit, and Here's What I Saw
Very informative article, I just find it hard to believe that a new coin bitcoin cash will be created out off fresh air and could be worth hundreds of dollars it just seems wrong, cheers mike
Maybe all the value will go to this new coin, and the 'Classic Bitcoin' will die, who knows ?
It will not because the seqwit guys control the media and have unlimited cash* to push segwit.
*guess which are behind segwit
I personally think everyone who receives bitcoin cash will probably just dump it? Thanks for your reply cheers mike
If you look at the history of ETH and ETC, if you didn't dump immediately you would have been in a large profit.
Fair enough, cheers mate
That's the sentiment of a lot of critics of this BCC i personally will dump mine
You could put the money in to something you prefer to hold
If you understand it fully, it makes perfect sense. It all depends on how many miners switch over to BCC. The difficulty will adjust accordingly. The % of miners that switch will be a good deciding factor in price. Keep an eye on that.
You have to remember that it's just a fork of Bitcoin, and Bitcoins are extremely valuable and hard to aquire with the Block reward only being 12.5. So, they are starting at a point when Bitcoins are already extremely hard to aquire and most have already been mined. The price will eventually settle but only after the mining war has finished.
@spiftheninja a very wise reply indeed, one of which I acknowledge and give you a follow for.
Cheers~*~
Thank you for a very good reply , cheers mike