Is Bitcoin cash going to become the real Bitcoin?steemCreated with Sketch.

in #cryptocurrency7 years ago

The last couple of days Bitcoin cash has been rising like crazy. It has risen from around 500$ to over 1300$ now. Due to that it actually became more profitable to mind than Bitcoin. It is also true that the transaction fee is a lot lower than the main Bitcoin. Some say that it is the real currency, because it is actually used as a currency unlike Bitcoin which is used for investing and storing value. Some people are even talking about it becoming the real Bitcoin. But is that really possible? In my personal opinion no. That is because of the brand of Bitcoin. When somebody thinks about cryptocurrency, they think about Bitcoin, not about Bitcoin cash. They would literally have to turn around the names of the two. All the exchanges would have to do that and also some very important people sitting behind Bitcoin wouldn't allow it. So if you are concerned about it, don't worry the chances are on the original Bitcoin maintaining its crown. Or at least for now...

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No, miners supporting 2X switched from BTC to BCH to show support or to make more money.

If 99% of miners switch from btc to bch, 1% of them will earn more money, so it won’t be any problem.

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