Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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. Truth be told, I'm bullish on Bitcoin Segwit too. I'm just much bullishier on Bitcoin Cash.
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.
If you believe otherwise you're either confused, out for profits, or a paid shill.
There's nothing positive about deliberately flooding the Core blockchain to slow it down and increase its fees while simultaneously manipulating the Bitcoin Cash price to trigger FOMO buying from greedy traders that don't even know what the fuck they are trading.
Lightning Network/SegWit "little blockers" are perceived as corporate pigs serving a form of centralization of sorts.. i think that is the issue
lol