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RE: Viva Bitcoin Cash

in #bitcoin7 years ago

BCH is very near the market cap of BTC, and if the economic interests side with BCH, it will even surpass it.

People can't use BTC as a payment system since the fees make it unfeasible, I barely made any purcheses in BTC since 2016, mostly due to fees, but also because of the speculative element.

Once BCH rises to say 1 trillion, it can hardly go higher than that, so people will start spending rather than just holding, combine that with cheap fees, and you have a global permissionless de facto currency.

There is nothing wrong with Roger, he is a great guy, has a sound morality, and embraces free speech on his platform (bitcoin.com and the forum).

The other side is authoritarian, anti-free speech, and constantly making false claims, I don't know what is to love about them.


I'd not keep all my weath in 1 coin at all, but the portion allocated to BTC, which was a majority due to it's security & stability, has been swapped to BCH, due to this.

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I totally agree, but it looks like we are just me and you :P

Unfortunately though the market cap is not really near BTC. It's 8 times lower at the moment, until BCH will reach at least 0.5 BTC nobody would really trust the coin.

I only see there a massive potential to make money, the value is easily at par, but the price isn't. Sounds like a massive value arbitrage to me, massive profit opportunity.