Post
Topic
Board Bitcoin Discussion
Re: I like the Bitcoin Cash idea... so please bring more like this...
by
JohnMacaron
on 29/07/2017, 22:11:56 UTC
I'm not too worried about it... but to say it's free money is a little off.  One of the things I love about crypto is it's pure capitalism; supply and demand.  When Bitcoin Cash comes out, any dollar (demand) sent to it must come from somewhere else.  It likely will not have an obvious impact to BTC, but it will impact it.

There's only so much demand for crypto and the more supply the lower the demand... what we need to do is raise overall demand for crypto; and I personally want it to be in BTC since that's where most of my stash is.  Having numerous alt-coins spin out of BTC lowers overall demand for BTC.

Hear, hear. Pure capitalism. Why did the price went down to 1700$ recently? Cause of stupidity of the Core regarding time of txs confirmation matter. Why is it pumped-up right now? Because of idiots and speculators who wanna make a quick buck out of the thin air. As of by now, BCC or BCH is a part of Bitcoin. So when it'll split up it'll take with it part of the Bitcoin, am I right? So bitcoin will go down only if whales won't step in and artificially will make price go up or whatever the want