Re: Bitcoin will die?

Hello,

Looking at graphs from fork.lol (https://fork.lol/pow/hashrate) website, Bitcoin cash hashrate just doubled vs the Bitcoin core. It is currently at over 65% of total hashrate and growing...
This is very concerning because it will be very hard or even impossible to confirm transactions if this keeps going at this rate and more miners will switch to Bitcoin cash.
You might say that there will be 400% difficulty increase in BCH and all miners will switch back, but keep in mind there will be a fork tomorrow to fix just that.

So... I start wondering if this will be the end of bitcoin as we know it?

No! I can say that this is the plan of bitcoin if some people invest in bitcoin cash they will buy bitcoin if the bitcoin goes down and if the bitcoin cash go down again they will buy again bitcoin cash this is a logic.

There maybe some people trying to manipulate and grabbing the hash power from bitcoin to bitcoin cash just to destroy bitcoin, even making so many unconfirmed transactions spam.
But now you see, that price of BCH getting down again, it seems that bitcoin win again this time, the transactions queue also reduced slowly, just matter of time until diff adjustment.

well i would like to say we are not that sure if that is only a manipulated scheme or what, and besides there is no evidence we can see that they steal the hash. So there is no assurance that they really have it or what and we cannot judge it immediately just because the price of BCH goes down.