Why you shouldn't sell your BCASH

in bitcoincash •  7 years ago  (edited)

August 1 has been an historic day for bitcoin and cryptocurrencies in general.

The hard fork took place and the first Bitcoin Cash block has been created.
I claimed my coins through the Electron-cash wallet (here is the website link: http://www.electroncash.org/) and it seems to have worked correctly.

Now it is up to us wheter to support it or not. My personal take on it is: HOLD HOLD HOLD!

Why? Let's think about Bitcoin a moment. It has just been 'improved' in a critical way, so that it's almost impossible to get back to the old bitcoin. What if something goes wrong with Segwit2x? What if someone discovers that it has more flaws than before? What if someone discovers gaps in the code that are weaker, and possibly hackable?

If something ever happens with Segwit2x and it doens't look that safe anymore, trust me, you'll regret having sold those nice Bitcoin Cash coins.

Cheers

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

how to claim my coins through the Electron-cash wallet? i try many ways and still failed

I'll write a post in a few minutes!

There it is @vincentchoywk

dude, you are misleading people... this is not the original bitcoin code! It has been modified more than segwit2x...

meep meep

Bitcoin Cash changed the blocksize.
Segwit2x changed the whole way Bitcoin is tranferred and even gave more power to miners. (If you don't know what i mean, go check out videos or infos)
However it is evident that this post is meant to warn people not to put all their eggs in the Bitcoin basket but holding Bitcoin Cash too in case something goes wrong