What is happening to Bitcoin and Bitcoin Cash!?
What is happening to Bitcoin and Bitcoin Cash..
If you take a look at coinmarketcap.com you will notice Bitcoin (BTC) is taking a huge dive, and Bitcoin Cash (BCH) is taking a huge jump!
Now in a recent interview with Max Keiser.. Roger Ver talked about how Bitcoin Cash would be considered the real Bitcoin according to the Satoshi Nakamoto whitepaper, because it still uses ring signatures.
So with all of the confusion between Segwit2x, and all the other forks, I am sure everyone just wants something that works.
Conclusion
I know that with most blockchain projects, including Ethereum and even Steemit.. there may be scaling issues or other minor details that it would take to become globally used, but at least it seems like more and more people and governments are starting to be more supportive. Which will be great and helpful for everyone!
Thanks for checking out my post, and let me know what you think!
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Disclaimer: I am not an Investment Advisor, and this is not investment advice. This for entertainment purposes only!
I think you are seeing fork replacement.
People jumping into BCH and out of BTC now that the BTC fork is dead. Always seeking the free coins.
In the end, I dont see BCH winning...BTC will still be king.