Post
Topic
Board Altcoin Discussion
Re: Bitcoin Cash vs Bitcoin SV
by
Abiky
on 29/11/2018, 02:27:21 UTC
Now I don't consider bitcoin cash as a long term story,because I don't know which fork to select. BCH was hardly dumped and now i would estimate both forks as a short term speculation,because for following months there will be more activity in these coins. Look, BCHSV has dropped to 40$ and bounced back to 110$ then to 85 and to 115 again. It has happened in 2-3 days! Can't believe!

Agree. Both BCH and BSV are relatively unstable in prices. While SV has already implemented replay protection, and both chains have gone their separate ways, there are still a few exchanges which haven't resumed BCH trading yet. In the case of exchanges which have adopted BSV, prices have been wild these past days. To be considered as a serious investment, it would need to stabilize for a while.

Despite this, the outcome of BSV and BCH is uncertain due to the recent Hash Wars. In the future, either BCH or BSV would die as people move on to better and promising cryptocurrency projects. It's up to debate whenever these Bitcoin forks would deliver something useful for the crypto space, as they're mainly based on pure hype and speculation. Speaking of BSV, Faketoshi said that within 2-3 years, the "original Bitcoin" would scale up to a 1TB block size. If this becomes a reality, then mass adoption of the cryptocurrency would be expected over time (although it might lead to huge centralization).

Nonetheless, it would be interesting to see how new features work on both chains (BCH and BSV) as they could be experimental grounds for improving the whole blockchain ecosystem as we know it. Just my thoughts Grin