Post
Topic
Board Altcoin Discussion
Re: Bitcoin Vs Bitcoin Cash
by
quarkyplum
on 23/10/2017, 05:56:10 UTC
Bitcoin Cash was a good addition to my bitcoins Cool

Sure but now? What's the point of it, it was artificially pumped to like 900$ and then dropped so fast to like 300$ and now it can't even reach 400$ even tho, bitcoin went from 4000$ to almost 6000$

Bitcoin cash is trash, there is no real support by anyone for it, if you want an altcoin, use litecoin or ethereum
Given the situation of hard forks in near future, difference in various developer caps are showing up. Many are believing that the bitcoin cash might be the nearest to bitcoin after hardfork. By nearest to bitcoin mean what satoshi intended, described in his whitepaper. It is true that bitcoin has been pumped and dumped so that many were left high and dry. However if you see the progress so far, bitcoin cash has not faded away as failed project or fake one. bitcoin cash is still in top 5 crypto currency from market capital perspective.
Right now there is too much confusion considering what would happen after the hard fork. People need to be very careful during this period of bitcoin forking and time after that.

You might as well just use other alt coins instead of bitcoin cash. It's only on the top because a lot of people got bitcoin cash for free. I don't think market capital means much and it can change drastically in days, even hours. I personally think that hard forks are eventually going to fuck bitcoin for good, it's annoying to have to pay attention to them every few months it seems, eventually people will switch to something else, as you said but I doubt it's bitcoin cash.
The reason help Bitcoin Cash can cause attention of many traders is those traders are the people had bought it at high price and still holding it until today. Of course, I understand the emotion of them at now. But they do not know the fact is Bitcoin Cash is just a temporary profitable. It will die soon.