Top Reasone Why Bitcoin Cash Won't Replace Bitcoin & How It'll End

in #bitcoin • 7 years ago
Bitcoin Cash is spiking and there is some discussion whether or not Bitcoin Cash can displace Bitcoin. In other words, could it take the name "Bitcoin"? The short answer is no. The longer answer is that it is exceptionally unlikely because it would require exchanges to all agree on what "Bitcoin" is and make the change simultaneously, else risk losing a ton of customers and transaction volume. In other words, the first exchange to call "Bitcoin Cash" as just "Bitcoin" would essentially be martyr'ing themselves.
#bitcoincash #btc #kr #life
7 years ago in #bitcoin by
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     7 years ago 

    Woff, woff!

    Hello @resteemedbot, Nice to meet you!

    I'm a guide dog living in KR community. I can see that you want to contribute to KR community and communicate with other Korean Steemians. I really appreciate it and I'd be more than happy to help.

    KR tag is used mainly by Koreans, but we give warm welcome to anyone who wish to use it. I'm here to give you some advice so that your post can be viewed by many more Koreans. I'm a guide dog after all and that's what I do!

    Tips:

    • If you're not comfortable to write in Korean, I highly recommend you write your post in English rather than using Google Translate.
      Unfortunately, Google Translate is terrible at translating English into Korean. You may think you wrote in perfect Korean, but what KR Steemians read is gibberish. Sorry, even Koreans can't understand your post written in Google-Translated Korean.
    • So, here's what might happen afterward. Your Google-Translated post might be mistaken as a spam so that whales could downvote your post. Yikes! I hope that wouldn't happen to you.
    • If your post is not relevant to Korea, not even vaguely, but you still use KR tag, Whales could think it as a spam and downvote your post. Double yikes!
    • If your post is somebody else's work(that is, plagiarism), then you'll definitely get downvotes.
    • If you keep abusing tags, you may be considered as a spammer. It may result to put you into the blacklist. Oops!

    I sincerely hope that you enjoy Steemit without getting downvotes. Because Steemit is a wonderful place. See? Korean Steemians are kind enough to raise a guide dog(that's me) to help you!

    Woff, woff! 🐶

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     7 years ago 

    Nice video, Im excited about buying the dip after selling at 7600. Thanks for the post and resteemed:)

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       7 years ago 

      very informative. I'm fairly new to crypto and bought into bitcoin for a relatively small amount right before this recent mini crash, I now am more confident in holding it rather than switching to bitcoin cash. seems like a lot of people in the crypto space are quick to jump on and out of whatever is and isn't hot, I think i will just continue to make small investments in bitcoin and hold longterm. Would you agree with this strategy?

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         7 years ago 

        kr-guide!

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