RE: BTC Death Spiral - Update

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BTC Death Spiral - Update

in bitcoin •  7 years ago 

Another great post, Ash. It has certainly been fun to watch things 'shift' and 'evolve' since $BCH went live. Upvoted, reposted and tweeted.

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Thanks Geoff :) I appreciate your support.

One comment; Bitcoin Cash is by definition not an alt coin... An alt coin is a crypto with its uniquely designed blockchain.... BTC and BCH share the Genesis block, so one can not ''out-bitcoin'' the other for ''realness''...

Its now all up to the market, and one of the two will be Bitcoin based on hash power...

Bcash and ''alt coin'' are derogatory names thought up by those that fear that Bitcoin Cash, and they rightly should... Bitcoin Cash is coming!

Actually they can call it an alt coin. A chain split is still a split. An alt coin is anything not bitcoin and bch is NOT bitcoin. Hashpower is consensus and BTC has the hashpower.