I'll preface this by saying I hold 0 bitcoin cash, and 0 bitcoins. I'm a filthy altcoiner. Mostly in Cardano(ADA).
But why isn't cash overtaking core? It's a flat out upgrade. Faster and lower transactions. Explain this to me.
I'll preface this by saying I hold 0 bitcoin cash, and 0 bitcoins. I'm a filthy altcoiner. Mostly in Cardano(ADA).
But why isn't cash overtaking core? It's a flat out upgrade. Faster and lower transactions. Explain this to me.
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it will take some time for the market to adept to better technology
Core has armies and cults of people protecting it now, as well as the 'brand name'.
It's the most well established, so for new investors/normies it's the 'best' option.
This will slowly change over time, but it'll probably take everything else down with it.
its not going to happen overnight. normies are buying the fuck out of btc segwit rn while whales are slowly accumulating, i can promise you this
But... If all goes down with it, will BCH also go down with it? Why are no major exchanges listing BCH as a trading pair?
What is this conspiracy. The more I read about it, BCH is just superior. Wtf.
Unfortunately, I think so. The best case is BCH winning out, but only gaining 30 - 50% of BTCs value. If BTC were to crash normie confidence in crypto would be destroyed, this is bad for any coin.
but its also healthy and needed. just fucking hodl and you'll be fine. did u remember the 2013 bitcoin craze? then it died down A LOT
btc crashes all the time, and goes back up equally as hard and fast.
Segwit was a hostile takeover of the digital asset known as bitcoin. It'll take months for the market to adjust. Many of the people who adopted bitcoin early on already realize this, however nu-coiners who are just now entering and chasing profits don't understand the political environment.
I want the normies out tho