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Re: Measures against scams misusing the Bitcoin name
by
ZedZedNova
on 26/11/2017, 01:33:45 UTC
⭐ Merited by vapourminer (1)
So Bitcoin Cash is not alt coin.
It is a scam altcoin.

I am a small-time miner. I have a couple of SHA256 miners, and they mine the more profitable of the two. That said, I convert the mining proceeds to BTC automagically. Scam or not, I'll ride the Bitcoin Cash horse until it is not profitable, and when I am done I will say thank you.

If someone is going to play in the cryptocurrency space, they owe it to themselves to be as informed as they can get about their investment. Like any other hyped market, there are people who rush in, only to find out later that they were deceived. Life sucks like that, but you can reduce your risk by not betting the farm, or next month's rent payment, on a high-risk endeavor. Live and learn, and if you want to tell the world, that's great. Just be prepared to back up the statements with proof the rest of us spuds can trust.

I think that there is space for both coins. Which one will have staying power? I don't know for sure, so in the meantime I'm hedging my bets and mining both. Profitability is king.