Post
Topic
Board Altcoin Discussion
Re: I support Bitcoin Cash and here's why.
by
BillyBobZorton
on 31/07/2017, 12:29:56 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? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.

We've already talked about this in the past. Coinmarketcap bitcoin dominance % is nonsense and not a realistic guidance at all for what's going on. More detail here:

https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4

Also, nobody stopped using bitcoin, people just like to speculate on shitcoins to make more bitcoin.

Adoption is the same as always, except when Roger Ver spammed the network. Adoption rate is OK for 1MB+segwit, we don't need to risk a HF increase.

BCC is shit developed by idiots and will crash. Sell your BTC for BCC to learn a lesson.