Within the next few days the mining difficulty should adjust and blocks will start moving much quicker with lower fees then bitcoin. So far it looks promising and seems like it is going to give BTC a run for its market share.
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Once mining adjustment happens, Bitcoin Cash will become Bitcoin, and Segwit Bitcoin will become useless trash alt coin.
I've read and believe the mining difficulty will adjust, block speed and lower fees will come. My thought is will it come fast enough to keep the price up when all the BTC comes out of cold storage and people dump their BCH? I think it will drop fast, but I'm holding for long term vs. trying to make a quick buck.
Everyone is assuming the BCH will be less efficient than BTC for some reason. If BCH proves it works and offers a solution to the problems it was supposed to solve then it could very easily become the dominant chain.
A lot of people are more emotionally invested in their coins than they ought to be.
This is gold, very true. Bitcoin Cash is without a doubt a better crypto than Bitcoin, and when people realise this, they will switch over.
A centralised coin owned and manipulated by the Chinese, what a great coin.
Not really. Today is 8/5 and it is going down.Bitcoin is at its highest level!!! That's good news!! Mainly for those of us who are mining. If anybody wants to get a piece of the mining movement with a company that has been in the market for over four years this is the link: http://tinyurl.com/yahyu62t Use this code to receive a 3% discount f0wr6O (the first "0" is CERO, the second one is the letter O) This company has support in 21 languages and pays daily. Follow me, please.
agree
either way I think a lot of money can be made!! :)
Fortunes are being made right before our very eyes. I hope this time it's the good guys making the money rather than the bad guys, this world is due for some massive upgrades in many ways.
I am not an expert on Bitcoin, but I was watching a few videos related to this fork and most of them are saying that this is a trick brought by big mining groups from the western hemisphere. They were saying that BCH will be abolishing the altcoins, like Litecoin, etc. They were also saying that those who have used the original bitcoin would sell BCH fast and we probably will see the new coin go down too. Then, Ethereum could get to be king. And they were also mentioning IOTA as a future strong coin.
There is a lot of false information being spread. If miners are so strongly for BCH why aren't more of them supporting it? Overwhelmingly miners are still supporting BTC, so this argument is unlikely. The problem is have with BTC is that Blockstream, a private company, has hired many of the BTC developers and is paying them to inject SegWit into the BTC code. Blockstream holds patents on SegWit and plans to profit by taking control of BTC. BCH (or BCC as more are calling it) breaks away from Blockstream and segwit.
Yeah!
Most youtubers are not real traders, some even admit that, while others would likely try to manipulate the market to push for certain crypto and profit from those who follow.
Absolutely, and furthermore, a lot of 'popular' crypto-commenters on YouTube seem to have way more opinions than facts when it comes to what Bitcoin is and what its true value is.
All about the view count these days, regardless of facts or fake news
Are there any good YouTube vids/people that you recommend? I've watched a few but starting to think if they were legit or just posers...
Buy crypto and start trading. Own learning is best learning. Invest little, have patience and keep quiet.
What is your goal? To learn more about crypto in general, or how to day trade? Obviously there's some overlap there for a lot of people, but what's your main focus?
https://steemit.com/crypto/@cryptocoinclub/top-5-crypto-channels-to-follow these guys are the best imo
By the way, it is always nice to find people who likes the same theme, in this case Bitcoins, whithout the usual reaction ("that's a scam!!!"). Will you check your list of people who are following you, and follow me back. I have almost 2,000 people I am following and they seem not to be awared of. Thank you. That way we can pass information and videos to each other.@whut13, I cannot say if the ones that I am watching are good for you. They are from Spain and South America. But I always look for people who had a channel mainly devoted to virtual coins or blockchain. Some of them are engineers or teachers telling Spanish speaking audience on how the system works, as a matter of fact, there is one saying that the big revolution is not the virtual coin, but the many services that this new technology will be bringing to us within years. He strongly believes that blockchain technology will be able to stop corruption in future governments, which is one of the many sufferings Latin America has.
It will be very interesting to find out who have the most followers once the difficulty is adjusted.