Post
Topic
Board Economics
Re: Why bitcoin cash (BCH) is a poor idea.
by
Dreamchaser21
on 01/05/2018, 12:35:46 UTC
I agree with this even if I do not like bitcoin cash and I think the core developers are right in their vision anyone has the right to fork the code and make changes to bitcoin if they think that is going to improve the network, then all becomes a matter of which one is the superior product if the ones that created bitcoin cash are right we will find out in the next 5 or 10 years maybe less, but if the core developers are right we will find out in the same amount of time, either way we win since we get a stronger bitcoin as a result.

I sort of stand in the same boat, BCH is a good experiment and it is good to have another roadmap going for cryptocurrency as a whole. Whichever option is the best solution will exist to keep dominating in years to come.
Personally I wish we just went with the Segwit2x fork and everybody agreed on it. This kind of infighting and bad press is terrible for us as a community and it has to end

This will never end

The reason? The reason is quite simple, really. People are greedy (yeah, kind of obvious), and some of them have particularly inflated egos at that, which makes compromise nearly impossible. As there is no "headmaster" or dictator (or even Linus Torvalds' style benevolent dictator), infighting and intriguing (as well as counter-intriguing) should be considered normal as long as there's more than one person involved. When inflated egos and hurt feelings are concerned, the voice of reason is silenced and no longer heard. This is even more so if we consider personal economic interests which may go in quite the opposite direction to the long-term needs and goals of the project itself

Investors who bought BCH are not a real investors because they just want to make money easily and really that is greed. Well, BCH is not really poor in terms of its technology but the real idea here bch is just a hype coin that can control by those people behind it. People will continue to ride this coin because of the pump and dump situation, just make sure if you are planning to but this coin you know when to exit.