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RE: Why Bitcoin Cash will sell off soon! 🔥 💰

in #bitcoin7 years ago

https://medium.com/@john.s.millibit/cashing-out-of-bitcoin-72ffe6226ab4

"What may not be obvious to everyone is that both networks compete for the same mining power. The respective branches are communicating vessels. In an ideal world mining power aligns perfectly with the value of the respective coin. And it does. It’s just that the value of a currency isn’t a static thing. It includes much more than just the so called market cap. Among the many things that are factored into the value is future potential, the technology in the network and the main influencers of the system. For these three factors BTC is at a severe disadvantage. It’s exactly those that made the BCC branch come to life."