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RE: POV: BTC vs BCH, wild market

in #bitcoin7 years ago (edited)

good-karma,

Thank you for linking my YouTube video in this piece and upvoting my recent post. It should be interesting moving forward seeing what happens - last night was by far one of the most exciting nights in the history of cryptocurrencies. In my opinion, it really illustrated how emotional / greedy the market is and how driven it is by FOMO / FUD. I think a decent amount of Bitcoin's initial fall was due to it being overextended rather than fear over Bitcoin Cash. I am impressed with how resilient Bitcoin is, although this is far from over yet.

Best,
CI

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yep btc will be ok :)

But the question is: What's the use of Bitcoin if it cannot be used as a currency? Will anyone ever pay for anything in Bitcoins, if that person is charged with 50€ or 100€ fees?

At the moment, Bitcoin is not a currency but a financial instrument for the very rich. Was that what Satoshi wanted? For real?