Quote from: legenduim on August 27, 2017, 10:31:52 AM

Quote from: Gouverne on August 26, 2017, 09:10:25 AM

Hello,

Since the fork we have a new coin very similar to bitcoin , do you think it is a threat to bitcoin?
Now I have those bitcoin cash and i don't know what to do with them.

I don't have the technic gear to choose between both, and I feel bitcoin cash is taking bitcoin down am I right? It's taking a part of its market capitalization.

There is history about same situation. It is etherium and etherium classic.
So etherium classic didn't die. It living. And actually more and more services starting support it. And it also rised up.

So there is very big chance that the same will be with bitcoin cash.

This mean - just keap it for long-term.

I think if you are going to use the Ethereum and Ethereum Classic example, then you would have to say that BTC is like Ethereum Classic and Bitcoin Cash is like Ethereum, not the other way around.

Ethereum Classic was the one that held on to the original blockchain, that is why it is called 'classic'. Ethereum is the one that worked on the 'improved' blockchain. (Improved in this case was cleaning up the blockchain to remove records of a big theft having taken place)

In that case, the original (ETC) sort of got left behind and the newer one, which managed to keep the name Ethereum, took off.

BTC is the one that is hanging on to the old code. BCH is the one that made some changes on it.

mctrader001

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