RE: Bitcoin Cash - increase my bitcoin position or not?

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Bitcoin Cash - increase my bitcoin position or not?

in bitcoin •  8 years ago 

Thanks for your reply @juanplemus and your post is interesting. So what do you think is a likely scenario then come August 1st? Scenario 1 I’m guessing?

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It will probably see adoption in China and I expect it will draw in the greedy and ill-informed. It will be interesting to see if the mining power behind Bitcoin Cash is not controlled by a single party. That would compromise the security of their coin. The frustrating part for me as a cryptocurrency enthusiast is the fallout because they have tried to prop-up Bitcoin Cash by throwing shade at the Bitcoin developers and community.