Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
monsanto
on 13/11/2017, 16:57:46 UTC
Only one last thing: seeing the majority of the hashrate flowing to BCH has been a very hard thing to accept. There are no such thing as loyal miners here. We have to rethink many things.

Of course, there is no such thing as loyal miner. That is exactly how they are supposed to behave. They must act in their own selfish interest and maximize their profits. Switching hash power to BCH can hurt bitcoin temporarily but is killing bcash permanently. BCH fanboys now understand their tragedy. BTC and BCH can't coexist in parallel because BCH doesn't give to users anything that BTC doesn't!

BTC actually has significant advantages over Bitcoin Cash, even if it has higher fees and transaction times, simply because it's the common denominator for literally every altcoin.

Yup, as long as btc controls the important base pairs there ain't really a flippening ever going to happen. Which is ironic given the hatred thrown at alts in some of these parts. It's why eth was never really as close as its market cap was. Things are a little different with bch though since it'd be easier to clone trading pairs on an exchange and offer both.