You are viewing a single comment's thread from:
RE: Charlie Lee gives his opinion on which Bitcoin fork Coinbase will support after the Segwit2x fork
I think you’re right, but it’s hard to get large scale support for a new coin. Bitcoin cash had support, and they did ok with the fork, but it’s not worth anything close to Bitcoins value. They were even mining at a loss to keep it afloat. You really need people willing to mine at a lose if you expect to have a successful hard fork.
True.. but maybe there are miners who would like to see Bitcoin fail? It may be worth it for BCH supporters to miner the segwit2x fork, if only to diminish the value of Bitcoin Core?
This is going to get good. https://www.cryptocoinsnews.com/roger-ver-bets-4-million-segwit2x-hard-fork/
At the end of the day it's going to be about users; not miners or devs. BTC fees are a complete ripoff and what we are currently looking at is only a fraction of $8.90 average fee of few weeks ago. People are going to get sick of these stupid disharmony and non-existence of any form of real governance. From a technical and utility POV BCH is far superior. It's cheaper(At worst it's 10 times cheaper) and faster and based on proven tech.
The only problem is those who move to a different state will be much willing to move to a different country. When Dash (or its ripoff PIVX) comes and show governance, privacy, 1.3 second transaction, ultra cheap fees, self funded treasury, a solid roadmap,etc,etc,etc. People who switch to BCH will switch away from BCH.