RE: Bitcoin Cash - Looks Like There is Accumulation Mode

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Bitcoin Cash - Looks Like There is Accumulation Mode

in bitcoin •  7 years ago 

I didn't think so, but after researching the Segwit2x fork a little more and seeing that the way they have (not) handled replay protection and will start as a new coin B2X, I feel like it could be a lot more disruptive than most seem to be expecting, because all of this is so complicated that not many people really understand it. If so, it will make clear the reasons why Bitcoin Gold has been created, and BCH before it. Ultimately, all of these are new coins, but it's clear the people behind B2X are hoping to destroy and replace BTC. So there may be a real split, and a lot of fallout. That would explain why BCH had a recent pump, and why BTG have rushed to release their fork when it looks like they've been struggling to be ready in time.

I wrote a post about it earlier. Just my opinions based on my research so far: https://steemit.com/segwit2x/@cmaccu/segwit2x-have-you-seen-this-coin

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