Quote from: Anarc Senior on November 19, 2017, 05:49:52 PM

Quote from: freightjoe on November 19, 2017, 11:41:52 AM

Quote from: aso118 on November 19, 2017, 11:38:19 AM

Quote from: freightjoe on November 19, 2017, 11:34:51 AM

The argument is again and again that the value of Bitcoin will increase because supply is limited to 21 million. But this is quite simply wrong. Every time Bitcoin is forked that is in real terms an expansion of the Bitcoin currency beyond 21 million. To some degree the same is true of alternative crypto currencies which will flood the market. There is already more than 1000 cryptocurrencues ( https://en.wikipedia.org/wiki/List_of_cryptocurrencies )

Th forking (or absence of it) does not effect Bitcoin's supply. At best, you can consider it as a "gift" to all bitcoin holders, which will increase the overall worth. It in no way impacts the overall supply of 21 Mn, which is set in stone.

That is precisely my point. I create "Bitcoin2" by forking. Then I create "Bitcoin3" and so on and so on. In reality what I am doing is issuing more Bitcoin. That I call it a different name does not change the reality.

Please try to understand the fundamental before you speak:

Given the example of BTC and BCH, they are both completely two separate cryptocurrencies - each has its own blockchain network.

Can you use BCH to purchase goods if the merchant only accepts BTC ? Or Vice Versace ?

Don't be such a dope and stop wasting other's time !

There are so many spreads of mis-information on the internet that it really make people's life difficult...

Wow - the lack of intelligence in here is amazing. You are totally not understanding the fundamentals here and even though I have explained the details many times in this thread you clearly still do not understand it. This is why Bitcoin (and other coins) will crash - it is now only being hyped by people like you with no understanding of the actual reality