RE: Bitcoin Cash up 50% in last 24 hours. Could it take over from Bitcoin now Segwit2x is dead

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Bitcoin Cash up 50% in last 24 hours. Could it take over from Bitcoin now Segwit2x is dead

in bitcoin •  7 years ago 

There is no way Bitocoin cash will ever take over bitcoin. The service is fundamentally flawed. Yes, I'm aware its bitcoin with a twist and new rules. I do believe in bitcoin cash. But I think people are just interested into getting new Crypto and thats why Bitcoin cash is up. In fact all the alts are up. What people did is take the btc they initially bought to get the free BTG and reinvesting in alts

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"fundamentally flawed?" how so. that is just your opinion.

and why do you think it forked from bitcoin and yet didnt disappear like many other forks have, do you think all those buying it, mining it and using it, think it is flawed? It is the third largest market cap right now. It is hardly flawed if it is functioning that well.

I agree this is a move out of Bitcoin to alts, but BCH went up 50% that is a hell of a move to something that is "flawed" by those who would be leaving at this stage since the herd probably dont even know what Segwit2x was let alone that it is not happening.

none of the other alt coins did anything like that 50% move. So though your point is interesting, it is subjective really.