Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
jbreher
on 12/11/2017, 04:36:15 UTC
I'm just much bullishier on Bitcoin Cash.

Why ?

I ask with no snark or ill-intention.

Because it is purely and simply Bitcoin. In the form that I believe Satoshi intended. After all, it is Bitcoin largely as he left it, but with the insane centrally-planned production quota on transaction capacity relieved. Being of course a thing that he put in as an acquiescence and in order to stave off a potential problem that no longer exists. And also a thing that was orders of magnitude away from being hit at the time he left. Also for which he explained away a fine removal mechanism. Further, it doesn't suffer from the SegWit atrocity, nor the RBF abomination.

Most germane, it supports the store of value function, and also fulfills the medium of exchange function that Core threw overboard in their insane Raspberry Pi fetish. It simply renders Bitcoin SegWit irrelevant.

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Everything I've witnessed thus far with BCH, is nothing but power-plays by selfish (State) Actors.

Well, I've been looking closely, and I just don't see it that way. I understand that the above is the narrative 'round these parts, but it looks completely false to me.

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It's against everything Satoshi stood for.

In what ways, exactly?



And yes, gentlemand calls it well.



BCH is capable of every use case that Bitcoin Segwit is capable of. Plus many more.

Truth be told, I'm bullish on Bitcoin Segwit too. I'm just much bullishier on Bitcoin Cash.
bullish? how. BCH will be forked into infinity, and because the user base and the real support is much smaller, it will slowly dissipate -there is no history of BCH, even though it copied bitcoins' years old blockchain.

Bitcoin Cash _is_ Bitcoin. It's history extends unbroken back the the genesis block. It diverged from Core's crazy direction in time to be spared from the largest single change ever made to the protocol.

The market movement would suggest that there is plenty of real support.

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I will rather go down with the bitcoin ship than into bitcash

Seems foolish, but hey - it's your money.