Bitcoin Cash is the wise move right now, as Bitcoin Core will SPLIT in 2x!
Best investment right now is Bitcoin Cash, which is at a very low $288 at the time of writing this blog. As news starts to come out about Bitcoin Core splitting yet again in November when Segwit 2x is implemented the possibilities of a cataclysmic market crash begin to crystalize.
People who believe that Bitcoin Core is the coin to survive and move on to reach $5000 soon were lied to. Bitcoin Core will crash a great deal soon the more people understand that this coin will definitely split into another coin yet again. Bitcoin Cash is now poised for more miners to switch over to it, because it has a structure that is very conducive towards increasing miner profits when that happens in the next few weeks look for Bitcoin Cash to rise substantially.
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More Coins...oh yeah!!!!!
I disagree that Bitcoin Cash is the future. I think this future fork is unneeded and will only hurt all crypto going forward. If we are aiming for mass adoption, crypto needs to be simple to understand and use and splitting/ forking every coupleof months certianly destroys that. For example,merchats who accpet bitcoin now willhave todecide which fork they will support in the future.
However, because of this, I do not see Bitcoin cash taking over. Whatever the relative merits of BTC vs BCH, BTC has the network, exchanges to fiat and much wider adoption in the real world than allother cryptos. That advantage wont go away over night. I think that the BTC including segwit will remain the most popular coin (and retain the Bitcoin name, network and market share) and anything else will just fork off (literally it can 'fork off') in the sameway as BCH,into another of the 981 Alts!
Apologies as my space bar is knackered it makes typing very difficult)
Time will tell.
Crazy isn't it. Well see how this 2mb does
Can you explain why it will split again? I am unclear.
Lilrut, please do the research, Bitcoin Core (What you know as Bitcoin) is now rejecting any blocks that will have the proposed Segwit 2x blocks. Therefore in Nov when Segwit 2x is implemented, Bitcoin will split yet again. Watch the video... it explains it.
I had never heard that is all. Context can help people who lack information--this assumed that I had information. I usually don't watch videos because I don't run sound on this computer without disturbing the fam.
Cheers,
@lilrut
There is plenty to read online.... just search for it
Let's see, inspite of all the queries and cloudy mind there is right now I am still investing to it especially now that its price is still low. Thanks for this post!
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haha, this is crazy.