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RE: Why Bitcoin Cash will easily reach $4000 in a month!

in #bitcoin • 7 years ago

Bitcoin has always been volatile, and I think Bitcoin Cash is going to be extremely volatile it's barely a month old... and anything can happen. All depends on the supply and demand

7 years ago in #bitcoin by
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     7 years ago  

    Technically, Bitcoin Cash is just as old as Bitcoin Classic; they were the same block chain up until a month ago.

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       7 years ago  

      Bitcoin Cash is a new chain that didn't exist a month ago, the 8MB block size limit is new. It's basically a new altcoin that shares Bitcoin's prehistoric transactions.

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         7 years ago (edited) 

        No, it is the same chain with the block limit lifted. The chain existed, it was the same chain; in fact it is more the same than Segwit; Segwit is a hack on the chain that makes the Bitcoin Classic no longer really Bitcoin. Bitcoin Cash is more original than the Bitcoin Classic. Yes, the name is new, the blocksize is bigger but it the code base is closer to Satoshi Bitcoin. It is NOT basically a new alt coin... only the name is. Technically it is more Bitcoin than Bitcoin "Classic". An example of a completely new alt coin that uses the bitcoin code would be Lite Coin. Lite Coin has its own chain... it is a completely separate alt coin.

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