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RE: Bitcoin's dip is Bitcoin Cash's gain. Also, date finally set for Bitcoin Gold to begin trading!

in #bitcoin7 years ago

BTC has been upgraded it is using the lighting network which will be able to handle even more transactions then bitcoin cash can handle. Its all junk news and a bunch of cry babies not getting their way hyper inflating bitcoin cash.

You need to understand 3 major flaws with bitcoin cash.

  1. People have millions of bitcoin cash still locked up that they got when BTC hard forked but a large portion of people don't know how to access it. When coinbase for example unlocks it literally millions of new BCH will flood the markets.

  2. Right now BCH is processing way to fast and is leaps and bounds ahead of BTC in terms of coins minted. Its being totally hyper inflated at the moment and its about to be hard forked for this exact reason.

  3. The hard fork most likely will fail causing a split in the coin because so much hashing power is being dumped into it now.

Miners and investors are totally scamming people right now and manipulating the system and at the end of November and early December we are going to see this.

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No lightning network ... That is vapourware at present.

id like to see your lightning network source?

The same could happen with BTC, if one major BTC holders throws a lot of BTC on the market. The price of the 'original' btc will tank too.

It's time for BTC to share the love.