Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees
by
hv_
on 27/11/2017, 13:14:11 UTC

True.

But what do you expect what happens once they can offer goods and services for BCH ?

When globalization happens for the ppl who needs it most / not big companies ?
What makes you think that people will accept BCH for goods and services and not any of the dozen far better altcoins or even Bitcoin?


Simply - usage (low fees - many wallets)  and security (ASIC backed 9 year proven PoW / blockchain tech).
You're being a bit too optimistic IMHO. BCH is just a toy for a handful of billionaires and day traders. It bleeds much like any other altcoin when bitcoin market is bullish.
BCH hasn't even hit a 1MB block, the prime reason why they forked.

Agreed with you these things doesn't matter in current ecosystem of bitcoin but some people are playing with noobs just promoting these things to make them dreams of big profit. How much they have  been lost since that epic pump while bitcoin add +$4k in very short time of period and still moving to new ATH.

I don't like bch market , unstable and seems handle unnatural
BTC looks much more stable and natural

As usual fresh markets need to consolidate both in price and volatility.

BCH is still in orientation phase - no reason to be in panic mode. And yes if you cannot stand this market you might want to leave it - it's free choice - week hands will sell this and I will also never give investment advice - only play with stakes you can afford to lose.

The time frame for bootstrapping and adoption is many months / some years - so either you help building or better leave this project by now.