POV: BTC vs BCH, wild market

cryptovestor (63) · 7 years ago (edited)

good-karma,

Thank you for linking my YouTube video in this piece and upvoting my recent post. It should be interesting moving forward seeing what happens - last night was by far one of the most exciting nights in the history of cryptocurrencies. In my opinion, it really illustrated how emotional / greedy the market is and how driven it is by FOMO / FUD. I think a decent amount of Bitcoin's initial fall was due to it being overextended rather than fear over Bitcoin Cash. I am impressed with how resilient Bitcoin is, although this is far from over yet.

Best,
CI

$2.81

16 votes

sashadaygame (66) · 7 years ago

yep btc will be ok :)

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kazimashud (13) · 7 years ago

Yep I like BTC also :-)

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khalidbinwalid (46) · 7 years ago

right

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kazimashud (13) · 7 years ago

bitcoin immortal

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ura-soul (75) · 7 years ago

I suggest checking this out - there's a possibility that this was all pre-planned: Segwit2X Was a Planned Hoax All Along? Anonymous Warning from Before Bitcoin Cash Forked - Chinese Miners Planned All Along To Replace BTC with BCC.

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sashadaygame (66) · 7 years ago

It was. but it still won't work lol

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thejohalfiles (58) · 7 years ago (edited)

Great post, my take is BTC will never die and will not be dethroned by BCH. All this confusion is perfect timing... BTC will be heading over 10k before you know it. This dip to 5k levels was needed imo. My guess is BTC and BCH will continue to coexist but serve different use cases, just as Bitcoin and Ethereum do.

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face2face (65) · 7 years ago

120% agree with @thejohalfiles really BTC is immortal or nonvolatile.

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sirstacksalot (63) · 7 years ago

Nope. No one is immortal. People or Industries.
Adapt or Die.

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8 votes

mickael83 (25) · 7 years ago

yes

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thewildsage (25) · 7 years ago

Time to buy bct

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thefox127 (47) · 7 years ago

Why do u say buy BTC and not BCH?

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ptroup1984 (27) · 7 years ago

Bcash is crap. For faster bitcoin transactions with a good team litecoin is already in place

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rlt47 (56) · 7 years ago

I agree!

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thefox127 (47) · 7 years ago

Why do u say BCH is crap

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Show 1 more reply

mdmosaddek (42) · 7 years ago

yes
@mdmosaddek

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cryptosuf (51) · 7 years ago

hey bro, check out my BTG analysis really quickly https://steemit.com/@cryptosuf

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sirstacksalot (63) · 7 years ago

If BTC cannot or will not address slowness and fees, they will surely die.

Adapt or Die.

Without correcting their issues, you see how fast BTC will become will become the "buggy whip" of the crypto-space.

vangelov (60) · 7 years ago

I have 120 steem that I've been gathering for the past few months, I guess now would be the perfect timing to do some BTCH trades with them and try getting a small steem power up ♡

sirstacksalot (63) · 7 years ago (edited)

Steem way down, BCH way way way up? Yup, I'd say that's a no-brainer!
That sounds like a recipe for Insta-Dolphin!

vangelov (60) · 7 years ago

Yeah, well that's why the STEEM price is trending a bit low. Although its still good hanging at 0.93. Should come back up even better after people make some profit on steem and re invest ^^

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fechaugger (48) · 7 years ago

Steem Dollar is doing well right now, It's nice to have a stable backbone for the platform.

Steem is the spendable coin here, and SBD makes sure that your account value doesn't disappear.

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igster (63) · 7 years ago (edited)

Probably not the best timing to buy now after such a huge increase.

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valikos (64) · 7 years ago

Totally agree with you ;)

good-karma (76) · 7 years ago (edited)

I agree no chain will ever die but I also think there are a lot of misinformation and misinformed out there. It is hard to know exactly what is happening. Do you think there is possibility of BTC/BCH chain might halt due to miners shifting to other chain?

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thejohalfiles (58) · 7 years ago (edited)

I agree confusion is at an all time high. I do not believe majority hashingpower will leave BTC for BCH though.

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demotruk (69) · 7 years ago

You mean not permanently? Because BCH presently has nearly 70% of all SHA-256 hashpower, mostly taken from BTC.

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vangelov (60) · 7 years ago

That would be a great waste as most of the world is starting to adopt BTC itself, it will not only make price complicated but will linger investments from big companies like DELL and Microsoft. Well at least that's what I think from a non trader point of view :D Might give better info once I actually pick up on trading.

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bluerocktalk (68) · 7 years ago

@thejohalfiles and @good-karma (great name btw).
I have been very confused, as a newbie, but was less confused after my last interview with @stan. Its Posted if all of you want to see it, his perspective really helped me. There are several of them there. And at least 4 more to go! He helps un-confuse me at least :)
@thejohalfiles, I still want to interview you on my show, what do you think?
~bluerocktalk🖖

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thejohalfiles (58) · 7 years ago (edited)

Will take a look @bluerocktalk. If you have any questions feel free to ask away. I am always around to help out. Maybe one day I would be open to an interview we will see. Thank you very much for the offer.

bluerocktalk (68) · 7 years ago

Thats cool @thejohalfiles, but how to i catch you? I feel like this is on another's dime here.😁
It ok if you don't want to be interviewed, just looking for someone that seems to know their stuff!
~bluerocktalk🖖

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saiful1244 (25) · 7 years ago

it's good trading

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khalidbinwalid (46) · 7 years ago

nice info

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fred777bear (62) · 7 years ago

volatility is a great time to make money!

Maybe kim dotcom's tweet made a difference? caused a trend?

Interesting part is if crypto market is now linked / connected to twittersville :-)
Would this be "Insider trading" or "market manipulation"?

At some point the "laws" will catch up, or maybe they never will?
who knows? :-)

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valikos (64) · 7 years ago

Yep agree with you

fechaugger (48) · 7 years ago

Also a great time to loose money.

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lomack (25) · 7 years ago

i was thinking about "law" (regulation) and it seems to me there will be nearly nothing UNTIL there is large-scale risk exposure to public money. So at the time governments end up bailing out the unfortunate, then the regulators will have to get at it. Until then, the risk is probably
part of the ride.

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jameshabib (25) · 7 years ago

I don't know lol

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demotruk (69) · 7 years ago

The problem with the co-existence view is that there is no stable equilibrium scenario between the two. They both disrupt each other in competition for the same hashes, in particular with BCH dynamically readjusting as hashpower is lost, with no such mechanism on the BTC chain. It is an irregular, unstable scenario for the two to remain alive and co-exist.

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https://steemit.com/bitcoin/@jsonkidd/bitcoin-lightning-network-progress-all-you-need-to-know-about-it

jsonkidd (43) · 7 years ago

If your'e curious about the lightning network in the midst of BCH rising here is everything you need.

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rlt47 (56) · 7 years ago

as per @thejohalfiles. BCH for transacting on the chain. BTC for store of value. I wonder what will be like when lightning network is set up on BTC blockchain!?

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balsa87 (25) · 7 years ago (edited)

Bitcoin will eventually hit 500.000 - 1.000.000 US dollars per Btc . Ethereum will also become huge . This is the future . The few that will remain patient will become rich . Buy some btc , buy some ethereum and forget about it for 5 years .. cheers

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godo (49) · 7 years ago

I think that mean some people are panic selling.

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shanishah (62) · 7 years ago

No doubt

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grahnite (48) · 7 years ago

Agreed 100% - this fake BCH pump and dump is fooling nobody.

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sirstacksalot (63) · 7 years ago

Wishful thinking. It's simple economics.

BTC slow, BCH fast.
BTC fees high, BCH fees reasonable.
and the big one....
Jan 1, BCH will be accepted and processed through Coinbase.

#3 is the gamechanger for BCH.

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valikos (64) · 7 years ago

Yep agree with you)

chrissolutions (17) · 7 years ago (edited)

What's fake about it?

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rdvn (61) · 7 years ago (edited)

i Think btc is gonna win to long way , cause a lot of country using btc now that starbucks like big company too never escape to btc..

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steemitcore (58) · 7 years ago

Agree @thejohalfiles, $10k till end of this year for BTC !

This post was created using STEEMP.NET poster for Windows.
For more informations about my STEEM apps, visit @steemitcore.

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bitcurrencies (38) · 7 years ago

Great time just begins

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qwesijnr (25) · 7 years ago

i totally agree with you BTC has come to stay

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jennifer.jimenez (51) · 7 years ago

I do not agree with you, I think that the least expected

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kim14 (25) · 7 years ago

Yes, indeed!

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rymlen (68) · 7 years ago

Must say that I had not seen this one coming. Switched over some of my btc to a margin position BCH - BTC but am keeping a 15 minutes watch time because it seems more about FOMO than intrinsic value (which is there but in my opinion does not account for the whole movement)

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coolmnr (54) · 7 years ago

I know BTC is the mother of all coins.
BCH just try to be a player on the market :)

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onealfa (74) · 7 years ago

My solution in such stormy days is this: just close your PC, and go...for walking. Or whatever.

DO NOT Try to trade

All things will settle down after while. And chances are - you will find out that doing nothing was really the best choice.
This may not be easy for everybody, but fits just nice for a true hodlers. :)

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brendio (55) · 7 years ago

Some of my best investment returns have come from doing nothing.

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thecryptotrader (63) · 7 years ago

i think to wait just one more day. After it, all back to normal.

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fabijanac (39) · 7 years ago

This is pure market manipulation, that’s been happening behind closed doors. I’m not saying that one coin is better than the other, but this is very unhealthy for the crypto world in general. People who were thinking to invest in crypto will be very discouraged after they see what kind of a price manipulation can be done by just a handful of large players.

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17 votes

rlt47 (56) · 7 years ago

Indeed this is the case, however BTC has been very resilient to these attacks for a long time....and the evidence of that reluctance can be seen in the inertia that cryptos as a whole suffer from...

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makishart (62) · 7 years ago

Nice post.. I also think that there is not a coin so far to overtake btc at this point. I could agree also that a split is going to happen in the future and the results will surprise us. What I think is that we have to start being democratic and stop splitting to every argument. I think that segwit x2 cancellation is a great example of democracy in the crypto community. We are all here to see what is going to happen..

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good-karma (76) · 7 years ago

I agree, you are right..there has been multiple occasions in a past that one coin wanted to take over bitcoin but so far no luck. But things are changing in fundamental level in user's mind and perception of the community... Interesting to watch for sure...

captaincanary (58) · 7 years ago

Is it possible that they could co-exist? BTC as a store of value and BCH for transactions? At least for the time being until one of them proves themselves to be vastly superior

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grizgal (55) · 7 years ago

It will be difficult for the entire community to suddenly swap to referring to BCH as Bitcoin and using it as such. All exchanges will need to switch, all merchants, all bitcoin CC's and all the work that has gone into Bitcoin ETFs to pull in institutional money will at least need to be revised and at worst scrapped. There is much more to this than simply what people believe the better protocol to be. At present price is simply based on speculation.

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good-karma (76) · 7 years ago

I agree about last sentence, not sure about swapping part though it can be complicated...

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kyusho (68) · 7 years ago

Really I have posted several times just this morning.... what is all the fuss.

I have BTC, it spawned BCH... like your children having grandchildren... It's great!

It is life success to keep growing, which becomes more successful (your children or grandchildren), it matters not... be calm and observe the growth of both.

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good-karma (76) · 7 years ago

Yes, keep calm and steem on! :)

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meysam (64) · 7 years ago

BCH will win the game in long run, no doubt. BTC has lots of major problems that is not going to solve permanently even by Segwit2X

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sirstacksalot (63) · 7 years ago

Absolutely right. Adapt or die.
Bitcoin is not immortal and it's not immune to market forces.

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rok-sivante (75) · 7 years ago

I dunno, man. though having just paid a $25 transaction fee so I could shift out some of my BTC into something else that'll stay more stable during this fiasco... nuts.

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volatix (16) · 7 years ago

i thought the same

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good-karma (76) · 7 years ago (edited)

Exactly, but you will ended up waiting BTC transactions for few hours/days if you don't pay high enough...

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rok-sivante (75) · 7 years ago

I paid the highest/fastest, as it was only a couple bucks more, and it still looks like it'll take hours or days...

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shahin24 (60) · 7 years ago

i like it

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thatgermandude (59) · 7 years ago (edited)

All these people in the comments thinking BTC is immortal. It reminds me of the Titanic. Bitcoin being overtaken by another crypto is just deemed impossible because it never happened.

Not saying this will happen with BCH, but the reasoning from people why it won't does not sound very logical, much more like a self-fulfilling prophecy.

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sirstacksalot (63) · 7 years ago

Spot on!!! Bitcoin is not immortal, and it's not immune to market forces.
If BTC refuses to adapt, it will die.
I have no problem with the Segwit2X implementation being delayed, but I refuse to buy into the idea that it's been cancelled. It has to be addressed, or it will die.

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wakeupworldnews (58) · 7 years ago

I am glad i held my bitcoin cash from the original fork!...

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11 votes

steemflow (72) · 7 years ago

Bitcoin has been the identity of the cryptoworld.
@good-karma
As m writing m listening to "nothing gonna change my love for you...."
I belive it is just the waves that making the ship unstable....bitcoin is not titanic.....bitcoin is calpathera ship the 'saviour'. No diplomatoc play...Bitcoin wil b here to Fly.
Thanks
@steemflow

sirstacksalot (63) · 7 years ago

Bitcoin is not immortal.

Bitcoin's high fees and slow transaction rate are going to be it's downfall if it is not addressed.

I keep hearing how Segwit2x has been "Cancelled". If anything, it's been delayed (and anyone who works in tech knows project dates slide all the time).

roronoazoro (40) · 7 years ago

The situation is very uncertain right now... that was unexpected only two days ago.

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9 votes

zaya (36) · 7 years ago

I can't help but think the cryptocurrency markets are too tied to Bitcoin and it's forks. The markets have been crazy and extremely volatile, quickly passing between mountains and free falls. I don't think think there should be a thrown to take. In order for the cryptocurrency markets to mature we need to move away from btc and its siblings.

8 votes

buti95 (43) · 7 years ago

i dont know to much about cryptocurrnecy man! but im afraid that this shit is going to end up soon! like a super huge pyramide!

yusrizalhasbi (52) · 7 years ago

thanks for sharing information @good-karma. I hope you always healthy.

bilqis07 (48) · 7 years ago

Thank you irfomation for you best @good-karma youfavorit steem ( @bilqis07 )

leprechaun (56) · 7 years ago

I concur with your opinion. Adoption? I have yet to see Alpaca socks or even pizza being sold for BCH.

steemitfriend (64) · 7 years ago

things change speed of light in crypto space... that's true!

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cheolwoo-kim (75) · 7 years ago

crazy market!

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masteranibal (55) · 7 years ago

Bitcoin will eventually be replaced by another technology. Whether Bitcoin Cash will do it, only time will tell. In my opinion, Bitcoin Cash right now has better technology and therefore has a better chance of rising quickly in price. Bitcoin needs to step it up soon or else it will meet its demise.

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hms818 (61) · 7 years ago

With the rate at which BCH is growing, it just need another day of 150% jump to overtake BTC price.

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syedumair (72) · 7 years ago

This is crazy!!
Bch is #2 and if it keeps shooting up like this, it can be #1 in just a day or two

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assasin (62) · 7 years ago

Good post, I think I need about 30% to invest in BCH and 70% leave in BTC.

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th1nkfast (56) · 7 years ago

True holders gonna hold.

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geosmmapicks (42) · 7 years ago

Got lucky got some bitcoin cash a day after it jumped

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orcaman (58) · 7 years ago

Finding-Neverland copy.jpg

petitefrancaise (39) · 7 years ago

The thing is, dumb people dumping their BTC for BCC don't take in consideration that by doing that, they play the game of Gov's . . If you buy bitcoin cash, you are betting that China wants it to dominate. It's backed by a lot of money from China controlling its price and supporting its network....

keks (56) · 7 years ago

I always visit your blog because you inspires me. Do what you do. Thank you very much for sharing inspiring content.

cheerup (62) · 7 years ago

Cheer Up!

from Clean STEEM activity supporter

tahir92 (40) · 7 years ago

Bitcoin cash is a big risk be away from it for a while
Follow me friend for for free & Top Accurate crypto currency signals..

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fedesox (64) · 7 years ago

Just another pump and dump as we have already seen, institutional investors and retailers just know about BTC, my bet is that it crashes to a 4600/5000 support level, when it reaches that point, I will start to place splitted buy orders

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edy (35) · 7 years ago

Here is another reason why BTC has much better properties than all the rest and store of value is at the moment the most important thing... The Bitcoin Standard this is a must see...

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stay-in-the-gray (54) · 7 years ago

This is a great tropic. a lot of whales in the crypto community have been dogging bitcoin cash since its inception. I have heard very persuasive arguments that cash is the real bitcoin because it still follows the three core directives that Satoshi Nakomoto set. something about bitcoin got rid of the signature to make more room in the blocks. That is all a little over my head though. I think bitcoin gold really made people uneasy about future forks. I personally don't think a hard fork is bad but, having forks every six months is not good for anything. had bitcoin gold never happened, i think segwit 2x would not have been called off. i think we will still see a segwit2x fork but the market needs time to readjust and settle down. It may only be a matter of time before we see a BCC fork too. I personally don't really have a dog in the fight, i will adapt to whatever the market consensus pushes forward. In my opinion , Bitcoin will never be used for an everyday currency. It is not capable. i doubt it will ever be dethroned as the default transition between fiat and crypto though. I will always hold some bitcoin as a long term investment and all that the low rate of it right now means is it is a great time to buy. I think everyone knew that the price of bitcoin was gonna drop substantially after segwit 2x and altcoins were gonna rise. people were holding bitcoin to raise the rate so they got as much B2X at fork. that didn't happen so people bought altcoins at great prices. it think BTG and the cancelation of B2X created a little BTC fud so people looked to the next best thing, BCC. I think that BTC and BCC will both continue to grow. I read a comment about litecoin not Bcash taking over for bitcoin. Litecoin is much better suited for merchant payments and everyday purchases with high speed transaction and confirmation times. Vertcoin and Grostlecoin are also perfect for instant purchases. The fact of the matter is that the crypto of mass adoption probably hasn't even been made yet.

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ohboy (42) · 7 years ago

Really well thought out post, I enjoyed how you articulated your thoughts and it personally resonated with me. I will give you future sbd when i grow and some.

I made alright gains selling bch before it plummeted!

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mooncryption (62) · 7 years ago

I don't think we've ever seen anything like this before. I would normally say "lol just hodl or buy more btc" but my BTC transactions are getting huge errors.

Due to unbelievable hashrate loss, BTC blocks are at 20-minute intervals. Additionally, transaction fees are skyrocketing and it's taking forever for things to go through.

I don't know what I'm going to do, but I assure you that after months of hodling I don't plan to lose my investment ;)

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fred777bear (62) · 7 years ago

My question is, how low will BTC go?
Over last 12mths, peaks dipped by about 1/3 not long after (eg china exit)

so will the BTC un-forking create another 1/3 dip?
monday will be interesting..
a great volatile market, to make money (or loose it if you mess up!)

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grahnite (48) · 7 years ago

BTC has been very resilient, I can't see anything dethroning it. Not even the Bcash (Bitcoin Cash) attack. It is just a few rich people (Roger Ver and Jihan Wu) that are pumping BCH. Soon the tower will topple and BCH will be heavily dumped. Let's be realistic. BCH is not as good a store of value oas Bitcoin, and it is not as good a transactional currency as a lot of other very good alt-coins. Bitcoin is Bitcoin because it has survived a number of attacks on it in the past and just gets stronger after every failed attack. This attack will also fail. Keep a lookout for new Bitcoin all time high prices by the end of the year :)

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lrd (62) · 7 years ago

People is changing to BCH because of the transaction fees but what people do not remember is why Bitcoin has only 1 MB size.
The answer is security, Bitcoin is much safer than BCH.

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lovesteem (52) · 7 years ago

Im withe you

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hendri.aceh (41) · 7 years ago

I think the currency market today is very difficult to guess, especially for the crypto currency.
until now the crypto currency is still dominated by bitcoin, although now the market price of bitcoin is declining, but still the bitcoin to be the best.

Thank you, you writing is very good. I like it.

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shanishah (62) · 7 years ago

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rawdawg (61) · 7 years ago

I don't like the current market situation at all. Coming from 20 years dealing in the financial world I can tell ya one thing. . Extreme Volatility after a 60% rally in BTC to make new highs in such a short period of time and then a major correction like we are seeing now. . . NOT GOOD. NOT GOOD AT ALL. . .

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futurejeremy (25) · 7 years ago

The whitepaper mentions nothing about block size, furthermore the 1 Mb hard limit was coded into existence by the author of said whitepaper. What you have just written is misinformation given by the BCash attackers, but at least you referenced the paper so that people can go and read it and see that there is no mention of block size.

If Bcash replaces Bitcoin then the whole experiment can be considered a failure. A decentralized money with a CEO is not decentralized at all. What we are seeing right now is a one sided war, Bcash is trying to take over bitcoin. Bitcoin isn't even fighting back, it doesn't need to, the system is designed to be resistant to this kind of attack. Not immune, because we still have to weather some volatility and low transaction times, but resistant.

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hidewell (36) · 7 years ago (edited)

BCH will not replace BTC. The moment BCH is less profitable to mine than BTC the miners will switch back to BTC. Mine will.

As for the debate on Bitcoin as a payment system, Sorry but Dash and Monero will beat out bitcoin and it's spawn (including litecoin). Dash has a better governance and obfuscation system than Bitcoin and it's clones. Monero has ultimate privacy and a better mining system then the others.

This BCH pump is clearly just an attack on Bitcoin. The mass of backlogged transactions in the Bitcoin network are mostly spam and do not prove anything about bitcoin scaling problems, rather it shows a directed effort to attack the network. And as many are fond of pointing out that Bitcoin has no CEO to sue, there are the known developers, who like screaming "FIRE" in a crowded theater, are responsible, and CAN be held accountable.

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ginoseum (25) · 7 years ago

I call it bitcoin war
both are fighting to be the star
who will win tell me
which one will bring the most money
roger ver said there's only one bitcoin
he might be right
in the meantime we'll keep watching the fight

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coincoin-miner (26) · 7 years ago

Satoshi create Bitcoin for gave to us a better future. Bitcoin Cash is the darkside be careful :D

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cryptobrodog (43) · 7 years ago

BTC will remain king of cryptos no matter what. This was an orchestrated attack on bitcoin by Jihan Wu and his minions. Make no mistake, this was a massive pump and dump. On monday BCH will dump hard.

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prameshtyagi (71) · 7 years ago

it is for sure pump and dump

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ali81 (27) · 7 years ago

Price of BCH will be lower soon . BTC will stay on the top for sure.

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naya001 (33) · 7 years ago

Bitcoin Cash does not have segwit, their blocks are not completely stable, their dev team is not open as Litecoin, it was premined by Bitmain, they embrace ASIC booster.

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samymubarraq (58) · 7 years ago

Just one word: unstabil

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top5world (41) · 7 years ago

very good post..but my understanding says that bitcoin will never die just like PLASTIC....but it will be changed into something..because cryptocurrency is a new revelation in the field of currency..This give people power what they deserve..

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volatix (16) · 7 years ago

Great post it make all clearer

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jasonshick (65) · 7 years ago

Watching the charts the last couple hours has been insane. One of the major exchanges I use for trading (korbit) is down because of the backlog. BCH has stormed by ETH for second on the marketcap list. I am at a loss for words right now, now idea how to proceed from here. Just going to put some popcorn in the microwave and watch it all unfold

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avance2010 (42) · 7 years ago

This is the market reaction when something does not come the way it was expected. Bitcoin went down. BCH went up because bitcoin.com said that was going to be the only one accepted as fork and kind of close doors to more movement on that side. But the movement also made people invest in other coins and Dash also went up. By Black Friday, probably we will see Bitcoin going up again.

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volatix (16) · 7 years ago

The market will have a révolution soon

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rlt47 (56) · 7 years ago

Lets not forget that BCH has been on life support since it split from BTC in August until it got an "fortuitous" adrenalin shot a couple of days a go from a few whales hell bent on destroying the original coin so that they can have the name. We all know they have been mining at a loss since August AND moving huge funds between exchanges.

... so they fooled miners to mine since it is profitable to do so, following spam attacks on BTC which pushes up the fees on the BTC network.

We also know there can be no backlogs on the BTC networks as there are virtually no transaction on this "store of value network". For the high fees we thank BCH and their spam brigade!

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lilpunnn (39) · 7 years ago

i honestly call it bitcoin trash.

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prajwalvajandar (33) · 7 years ago

BTC will not be dethroned...but current scenario people are trying to pump and dump in BCH

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bestmdfisal01 (60) · 7 years ago

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godfatherofsalsa (45) · 7 years ago

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godfatherofsalsa (45) · 7 years ago

Great post I have upvoted you, if you like my posts, please upvote me

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st33mit (25) · 7 years ago

Good 2 cents!
Completely agree with the statement that BCH feels more like the real Bitcoin, seeing as BCH still have the signatures as part of every transaction & BTC does not.
Another interesting, and peculiar thing is that a lot of the trades in the past 24h has been from KRW. Would love to see some thoughts on that.

Interesting times ahead for sure and I will follow the market closely these next few days.

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leendertderijke (45) · 7 years ago

I think the current market situation might be deliberately played out by the Chinese Crypto Community who favor Bitcoin Cash (BCH), using the disappointment about expensive and slow transactions in Bitcoin (BTC). I wrote about it in my blog: https://steemit.com/bitcoin/@leendertderijke/coup-by-chinese-crypto-community-on-bitcoin-in-favor-of-bitcoin-cash

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bloghound (63) · 7 years ago

Honestly, kinda worried. I just hope for the best! Good

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arhan (26) · 7 years ago

Helpfull post..

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mdmosaddek (42) · 7 years ago

what is bitcoin?

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sunrunner1111 (25) · 7 years ago

Part of the illusion contained in the dimensions of space, time and matter.

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umar97 (61) · 7 years ago

Awesome ....
Thanks for sharing

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nurdinnakaturi (58) · 7 years ago

nice post and pic
Dont forget to upvote follow & resteem
@nurdinnakaturi

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webcatan (48) · 7 years ago

I left BITCOIN now. BITCOIN CACH will be favored at the end ..

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arhan (26) · 7 years ago

Nice..post

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edy (35) · 7 years ago (edited)

What about Japan do they accept Bitcoin cash in the shops? or just Bitcoin?

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elechuzo (51) · 7 years ago

BCH win the game in the future

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avance2010 (42) · 7 years ago

DIOS NO LO QUIERA! BCH es controlable por cierta gente. La otra todos podemos hacer que suba o que baje.

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myeasin (57) · 7 years ago

100% Agreed thats a good @good-karma

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akatenango (25) · 7 years ago

Buen día, me acabo de registrar recién en la página de steemit, a través de youtube me enteré que es una página muy prometedora. Espero que cubra mis expectativas. De momento no tengo ni idea de por dónde empezar, así que se me ocurrió estrenarme publicando algo, para de esa manera comenzar a agarrarle el ritmo. Un saludo cordial desde Venezuela.
Good day, I just registered on the steemit page, through YouTube I found out that it is a very promising page. I hope it covers my expectations. At the moment I have no idea where to start, so it occurred to me to release myself publishing something, in order to start grabbing the rhythm. Greetings from Venezuela.

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avance2010 (42) · 7 years ago

Bienvenido. Ya te estoy siguiendo. Te metiste en una conversacion que habla de Bitcoin. Sabes lo que es?

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avi007 (42) · 7 years ago

Hi sir I wanna ask u something that If i don't have high internet speed then what should i do ?

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qye (55) · 7 years ago

i just wait information for master crypto.. good information @good-karma.

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bobbybillionz (34) · 7 years ago

Bitcoin Cash's recent spike to 2,400 gave me a jolt of fear, what if BCH dethrones the almighty BTC.

if one were to surpass the other, like we theorise here, I don't think the name would change for bitcoin cash to bitcoin. that would be erroneously confusing.

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joelaldrich (45) · 7 years ago

#Bitcoin and #Bcash have done this dance before. Real #BTC always wins!

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rdvn (61) · 7 years ago

actually that's true.

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sourabhrana (40) · 7 years ago

Can you tell me about any legit bitcoin mining website?

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nikolay1960 (25) · 7 years ago

The site has proved its devotion to users and has already begun to work! Referral key https://vastbit.top/signup/i04379213
Payments are

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rajag234 (54) · 7 years ago

Still shaky ...could not get exact from current situation of market .... either Fomo is at start or its going to end soon in bitcoin cash

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parker97 (50) · 7 years ago

Good post
Thanks for information

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jaggu (41) · 7 years ago

Nice post

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https://steemit.com/love/@floating.lotus/6upxcd-love-children-love-hurt-love-longing-love-emptiness-love-cruelty-love-life-love-death-love

floating.lotus (38) · 7 years ago (edited)

New to Steemit, not knowing much abbout cryptocurrency, I'm actually lured to this post because of your username - good-karma, something I personally believe and an username I almost chose for myself. Thank you for writing this article. I certainly hope Steem will thrive on for i really appreciate the fact that Steemit opened up a free space for me to create freely. For me, that's a true blessing.

As a new Steemian, your Upvote, Follow and Resteem are greatly appreciated.

https://steemit.com/life/@floating.lotus/mbdaa-in-the-wake-of-texas-new-york-manhattan-and-las-vegas-massacres-let-go-forgive-or-forgive-let-go

Starting next post, I'll launch 2 on-going series: one on Online Dating (all about helping people find love) and the other on Healthy Living. Welcome to join me. Thank you.
.
.

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jfk971 (25) · 7 years ago

Bch on coinmarketcap up

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xanderz (26) · 7 years ago

Great Post! yeah, right now BCH is going crazy..

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blazing (70) · 7 years ago

market went crazy today

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melima (25) · 7 years ago

All who will switch funds to BCH gonna cry! I could say that even LTC taking BTC role in future is feels like more realistic scenario. And if want small commission right now - just use LTC. I couldn't understand only one thing, why dumped altcoins not going on previous prices, through BTC is down. But yes, its actually very sad that there are too much greedy people around, who don't understand that crypto should solve some problem, but not just used for pump and dump.
But yes, BTC in current state is a dinosaur. And future is not in only single crypto, but in the multiple blockchains.

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josediccus (75) · 7 years ago

One thing i learnt about cryto-currency is that its like a time bomb, you never know when it may detonate. However only the bravest of people still makes investment in this bitcoin surge and fall time.

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freefaldstrading (26) · 7 years ago

Interesting point of view...
As a day trader, volatility=profit so this shake up has been lucrative. Still important to know what's going on behind the scenes to be able to attempt to crystal ball those long trends though, thanks!

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yusrizalhasbi (52) · 7 years ago

terima kasih telah berbagi informasinya @good-karma.

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https://steemit.com/bitcoin/@prameshtyagi/can-bitcoin-cash-overtake-bitcoin-i-say-no

prameshtyagi (71) · 7 years ago

Here is link to my take in the thick of unfolding of the event

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harang (36) · 7 years ago

Great post.

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lilpachiku (47) · 7 years ago

BCH will find its place, but will never be on the long term a risk for BTC. Hence, it has no Segwit, which is definitely a disadvantage. Personally i think that there is a huge planned attack on BTC going on. We had this already. The difference is that this time the dimension is huge and nobody knows how far it will go.

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avance2010 (42) · 7 years ago

That's right. They always wanted to put BCH in the second place and take Ethereum of that position. The cancellation of the fork was a good excuse.

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https://steemit.com/bitcoin/@jsonkidd/bitcoin-lightning-network-progress-all-you-need-to-know-about-it

jsonkidd (43) · 7 years ago

If your'e curious about this lightning network in the midst of crypto action here is everything you need.

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rksumanthraju (55) · 7 years ago

BTC will remain the King Coin !!!

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