This is the time to recognize the Extreme Greed of certain Bitcoin Exchange - The time to separate Wheat from the Chaff

in #bitcoin7 years ago

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It has been a great pain for many poor bitcoin holders in certain exchanges wallets or mobile wallets about the advice from certain exchanges / mobile wallets that they will not credit bitcoin cash equivalent tokens to the holders of bitcoin, whereas certain exchanges like Bitfinex, Kracken, etc etc have been so magnanimous to declare that they will credit free coins of BCC bitcoin cash to the holders of Bitcoin.

Hardware wallets like Trezor and Ledger Nano are the real professional care takers of bitcoin holders providing interface for bitcoin cash BCC balance in their hardware wallets.

When the bitcoin cash community explained that all bitcoin holders will get equivalent bitcoin cash coins then why these exchanges are not supporting. They will accept the bitcoin cash and encash to make money for themselves at the cost of poor bitcoin holders. Please punish those exchanges and withdraw to walles or exchanges that support bitcoin cash.

If at all the bitcoin cash get launched on 1st August, you will get it free of cost like raining from the sky.

So this is the time to separate wheat from the chaff.

As i mentioned in my previous articles whatever technological innovation happens , the psychology of human beings shall never change - I mean the Greed. Greed will prevail upon all the hard fork, soft fork or any other forks that you can add going forward. The community of the Bitcoin shall come to the platform of Greed and will find a common ground for an amicable solution as no one wants to be at the loser's side.

We should all support bitcoin cash provided it will not disturb the existing bitcoin blockchain network. Then in the future, if the bitcoin cash community can create value for the holders through professional means, then it is fine. Let the bitcoin and bitcoin cash communities take a call on their future providing value to holders than doing something at the cost or loss of holders of both coins.

If they too become like chaff, then the altcoins like ETH, Ripple etc shall take centre stage.

The above is my personal assessment without prejudice to any interested communities.

Regards
Shaji Manghat

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