Post
Topic
Board Altcoin Discussion
Re: I support Bitcoin Cash and here's why.
by
687_2
on 31/07/2017, 10:00:22 UTC
   Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn't it bother you people at all?

Nope. Market share is a soft metric used by CEOs. It's irrelevant here.

That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees.

If you want to get that 1st confirmation before the other users of the network, you pay the higher fee. The system has no downtime as a result. "Markets work."

After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

The fact is, better technologies exist for the use cases Bitcoin cash is meant to address.