You will understand everything that happens with the bitcoin at this time thanks to this comparison with balls

A split took place in the community of the bitcoin this August 1, 2017. There are now two cryptomonnaies that bear a bit of the same name: the bitcoin and the cash bitcoin (BCH).

This change is the result of a disagreement between members of the "bitcoin community". Some people have for some time thought that transactions in Bitcoin are too long and too expensive - sometimes up to 5 euros per transaction. So they wanted to create a new one.

To better understand what it is all about, the entrepreneur Tristan Colombet, CEO of DomRaider, who sells domain names expired in France, has presented this analogy to Business Insider France:

"Bitcoins are green marbles, so everyone has shared a number of green marbles, and then other people decided they would create red marbles and create exactly the same number of marbles Red, and distribute the same number of red marbles to the owners of green marbles. "If you had five green marbles, you now have five green marbles and five red marbles."

If a person had 2 bitcoins, she now has 2 bitcoins and 2 bitcoins cash. The owners of bitcoins thus find themselves with more value in their virtual portfolio than before.

Since they could get rich thanks to the birth of the cash bitcoin, why were some members of the bitcoin community opposed to its creation?

"It was impossible to predict how prices would react to this new currency," said Tristan Colombet. "There was a big risk that the course of the bitcoin would collapse."

On Tuesday, August 1, 2017, the bitcoin had lost only 5% on the stock exchange, which is almost nothing for the cryptomonnaie, which is very volatile. A bitcoin is worth 2700 dollars, this Wednesday August 2, while a bitcoin cash 710 dollars. "The traditional bitcoin came out winner of the coin bitcoin," concludes the contractor.

Only the future will tell how the bitcoin and the cash bitcoin will evolve. The two most likely scenarios are:

The bitcoin cash a of success, and the two coins will coexist in peace, as the bitcoin coexists with the Ether, or the bitcoin cash is a "phase", and the Internet users will grow weary of creating "Bitcoins to create them, thanks to computers that solve complicated computations), and it will go out of its own accord.