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RE: Viva Bitcoin Cash

in #bitcoin7 years ago

I love BCH.

Unfortunately, there is a huge war between the two and it is not healthy for both of them. BCH will take time to reach the BTC level and it will happen only when people will start to actually use their BTC instead of keeping them in the wallet as a store of value.

On top of that, Roger Ver is not the most loved person in the market and therefore a lot of people that don't trust him are not buying BCH.

I haven't swapped all my BTC for BCH but definitely the majority of it, the only reason i haven't changed all it is the uncertainty of the market at the moment. This war doesn't help both of them (I.E. the rise of XRP as an example).

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BCH is very near the market cap of BTC, and if the economic interests side with BCH, it will even surpass it.

People can't use BTC as a payment system since the fees make it unfeasible, I barely made any purcheses in BTC since 2016, mostly due to fees, but also because of the speculative element.

Once BCH rises to say 1 trillion, it can hardly go higher than that, so people will start spending rather than just holding, combine that with cheap fees, and you have a global permissionless de facto currency.

There is nothing wrong with Roger, he is a great guy, has a sound morality, and embraces free speech on his platform (bitcoin.com and the forum).

The other side is authoritarian, anti-free speech, and constantly making false claims, I don't know what is to love about them.


I'd not keep all my weath in 1 coin at all, but the portion allocated to BTC, which was a majority due to it's security & stability, has been swapped to BCH, due to this.

I totally agree, but it looks like we are just me and you :P

Unfortunately though the market cap is not really near BTC. It's 8 times lower at the moment, until BCH will reach at least 0.5 BTC nobody would really trust the coin.

I only see there a massive potential to make money, the value is easily at par, but the price isn't. Sounds like a massive value arbitrage to me, massive profit opportunity.

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