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RE: Bitcoin Core Vs Segwit 2X - in the aftermath will Bitcoin Cash be the ultimate winner?

in #bitcoin • 7 years ago (edited)

Thanks for sharing your insights on this. Didn't take time to fully get informed on this matter and it is appreciated to be able to read about it.

So, the winners in this battle will either be, Bitcoin or Bitcoin Cash
In the meantime 90% of the altcoins will be in limbo and their values will drop significantly and so will confidence in the crypto ecosphere.

Can I ask you why you say altcoins will drop significantly ? You don't explain it much.

(And the picture of your post is very funny... :D).

7 years ago in #bitcoin by
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     7 years ago 

    Thanks. Because they are linked to BTC and a lack of confidence in BTC's future dominance will have a flow on effect to the alts.

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       7 years ago 

      Ok, it makes sense now. It is essentially what happened the last times Bitcoin dropped. Thanks.

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       7 years ago 

      It is essentially the same but this time the risks are far greater.
      Last time Bitcoin Cash only had a slim chance of toppling Bitcoin, this time Bitcoin 2X is the challenger and it has a reasonable chance. If it fails but still manages to weaken Bitcoins dominance then Bitcoin Cash and its heavyweight supporters will have another go at toppling Bitcoin. So this time Bitcoin will be attacked from two opponents both determined to topple bitcoin and take its place. If Bitcoin can survive this, it can survive anything.

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       7 years ago 

      Hehe. Were is the popcorn ? :D
      Thanks for your nice and clear analysis again!