Bitcoin cash sold but not yet purchased will cause it to skyrocket in value.. at least the ones people have the keys to.. Bitcoin's value is already too high for retail (real market) to control it.. Bitcoin Cash, on the other hand, is distributed much more evenly and the value is too low already for it to crash and stay crashed.
There are a lot of conclusions here, frog, but I wouldn't mind if you dropped some bullet points with some explanations on your conclusions because this is mostly word salad.
If you go to bitcoincash.org, the paragraph under 'The History of Bitcoin Cash' makes the best point, imo. From my experience, 2016-2017 was crazy because so many random people in forums kept spamming the idea that a bunch of stuck transactions for Bitcoin was perfectly okay. The fact that the blockchain statistics showed more Bitcoin Cash being spread around than Bitcoin which was more concentrated, measuring by number of separate wallets with holdings, tells me that more people put faith in the idea of Bitcoin Cash and staying true to the original whitepaper. The dollar value discrepancy between both tells me that old money, which is purely threatened by crypto in general, would rather a crypto they have more control over (Bitcoin.. because they successfully crippled the protocol and removed original developers) to go up in value than the one that was created as a reaction to their move for control.
If you want me to write a research paper on Bitcoin Cash, no thanks.. but I still hold a bunch of different cryptos - including BTC and BCH - and BCH is the one I buy the most and hold the hardest.
Not trying to be cute, dude, but, there are quite a lot of forks in that door. Bitcoin will be Bitcoin for now, but, these coins are 10 years from where the market will suddenly realize so they all compete Bitcoin
Yes, that's what all blockchain upgrades are. Soft or hard forks. BTC and BCH are both forks of OG Bitcoin. But BCH works as originally intended by Satoshi, BTC does not.
People who have been buying small amounts of BTC and sending to a self custody wallet will be in for a shock when they attempt to sell at 1M and find that the fee to send to an exchange is almost half their net worth.
The bull market in bitcoin brought us a 152% increase since last year, so far. Yes, it can drop but so can the market. My husband is the MBA and he understands the market. He said he will never put money i n the stock market.
Buy one.. hold it (with your own keys and not on an exchange).. there are not enough BCH for everyone.. just like BTC.. and BTC and BCH split from the original blockchain before segwit and other protocol compromises were introduced to BTC.. So once people stop trusting ETFs, they'll move their BCH to private wallets and the price will skyrocket because of the amount of fake BCH holdings. BCH will be a useful protocol because it's not artificially crippled and it will be especially useful if our corrupt centralized banking system finally blows itself up.
21 million total BCH.. billions of people.. millions more losing faith in the existing financial system every day..
Bitcoin cash sold but not yet purchased will cause it to skyrocket in value.. at least the ones people have the keys to.. Bitcoin's value is already too high for retail (real market) to control it.. Bitcoin Cash, on the other hand, is distributed much more evenly and the value is too low already for it to crash and stay crashed.
There are a lot of conclusions here, frog, but I wouldn't mind if you dropped some bullet points with some explanations on your conclusions because this is mostly word salad.
If you go to bitcoincash.org, the paragraph under 'The History of Bitcoin Cash' makes the best point, imo. From my experience, 2016-2017 was crazy because so many random people in forums kept spamming the idea that a bunch of stuck transactions for Bitcoin was perfectly okay. The fact that the blockchain statistics showed more Bitcoin Cash being spread around than Bitcoin which was more concentrated, measuring by number of separate wallets with holdings, tells me that more people put faith in the idea of Bitcoin Cash and staying true to the original whitepaper. The dollar value discrepancy between both tells me that old money, which is purely threatened by crypto in general, would rather a crypto they have more control over (Bitcoin.. because they successfully crippled the protocol and removed original developers) to go up in value than the one that was created as a reaction to their move for control.
If you want me to write a research paper on Bitcoin Cash, no thanks.. but I still hold a bunch of different cryptos - including BTC and BCH - and BCH is the one I buy the most and hold the hardest.
Bitcoin Cash is Bitcoin.
It's a fork.
Yes, it's the side of the fork that preserved the original design of Bitcoin as described in the whitepaper.
Not trying to be cute, dude, but, there are quite a lot of forks in that door. Bitcoin will be Bitcoin for now, but, these coins are 10 years from where the market will suddenly realize so they all compete Bitcoin
Right... But for all intents and purposes, when people talk about Bitcoin, they're not referring to BCH.
Yes, that's what all blockchain upgrades are. Soft or hard forks. BTC and BCH are both forks of OG Bitcoin. But BCH works as originally intended by Satoshi, BTC does not.
People who have been buying small amounts of BTC and sending to a self custody wallet will be in for a shock when they attempt to sell at 1M and find that the fee to send to an exchange is almost half their net worth.
So you're saying they're going to exchange the hardest asset ever created for a piece of toilet paper? Gtfo
Still get half which would show that Bitcoin outperformed the stock market by 17 million miles.
What good is it if it costs you more to use it than the thing you are buying?
The bull market in bitcoin brought us a 152% increase since last year, so far. Yes, it can drop but so can the market. My husband is the MBA and he understands the market. He said he will never put money i n the stock market.
It's rare to find a BCH advocate so always interesting to hear their take. I like it too but don't know if it will do anything.
Buy one.. hold it (with your own keys and not on an exchange).. there are not enough BCH for everyone.. just like BTC.. and BTC and BCH split from the original blockchain before segwit and other protocol compromises were introduced to BTC.. So once people stop trusting ETFs, they'll move their BCH to private wallets and the price will skyrocket because of the amount of fake BCH holdings. BCH will be a useful protocol because it's not artificially crippled and it will be especially useful if our corrupt centralized banking system finally blows itself up.
21 million total BCH.. billions of people.. millions more losing faith in the existing financial system every day..
Nice take. Thanks.
I also have xrp. For tokenization and ledger stuff. Whatever CNBC and the elites are promoting, is not it.