Bitcoin Cash may not be a total joke nor a shitcoin, but I am more than sure that what happened just recently was a manipulated pump. There was really no mass movement from Bitcoin to Bitcoin Cash.
oh it was manipulated.. but there was mass. Pumping is a trigger, then money calls the mass.
Why do you think we would have had to find other markets? "no more money to make in the crypto world that would have lost its icon." BTC and other currencies are here to survive. That's why it's called decentralized. I suggest you to read and think deeply about what's written on the whitepaper.
BTC and many altcoins will exist. Their prices will change, but they will always survive; this is inevitable. I can see this fact makes many people unhappy, but you must face it.
If you have a better argument, please post it.
Yeah, I assume you're not doing any long-term investment. Because for that to work, you need the general public, and all they know is "bitcoin". That's a brand that advertises itself.
Short-term investment, for how long will it last? It's like you wanna be a poker player and expect all shit poker players who are learning, to keep coming & feed your wallet. If money doesn't come from new people, then it moves from the pocket of some to others. But that isn't very sustainable.
IF the BCH had taken over, I would have quit. I wouldn't be investing in a coin that has demonstrated that another coin can so simply replace it & ruin the investment. I may still be trading for fun, but I'd do that with much less money.
Exactly how I feel. Had they succeeded with their coup they would have crashed the market, for years, if not for good.
Whales who got in early can still be idiots who don't really see the big picture it seems.