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RE: 5 days ago i said of BCC/BCH News.. Now they killed BTC in Trading Volume!
I truly belive in the future of BTC, in my opinion the BCH hype is caused by new investors that hope to see it rise to 4000 $. Scared money.
However as you point out , we do not know what the future will bring. It might gain momentum and end up doing the Cashining.
Thank you for a good post.
Agree with you. Furthermore, Bitcoin Cash doesn't have the same advantage as Bitcoin has. Nor does it have advantages of other major altcoins. It lacks first mover advantage and technological improvements. BCH is getting hyped for no good reason. Further details in my blog if interested: https://steemit.com/bitcoin/@attalis/bitcoin-cash-and
BCH is not hype. Bitcoin has been hijacked. BitcoinCash is the people's stand.
It might be but unfortunately you can't do anything with it but convert to BTC or some other alt coin on the exchanges that trade it.....
we'll see what nov. 1 brings
If the market decides BCH is Bitcoin, then a whole bunch of people are gonna have to work overtime to change their infrastructure over to it. It wouldn't have come to this if certain people hadn't deliberately gone to great lengths to prevent any and all debate on which of the proposed solutions for scaling and malleability are best based on their technical merits and nothing else.
you know what they say @ashaman It is the winners that write the history books.
History is written by the victors, is how I would put it.
It is not the new investors behind the rise of BCC. It is the oldtimer Bitcoin guys like Roger Ver who do not believe in the future of SegWit. They are shifting their assets across to what they view as the legitimate chain.