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RE: Bitcoin Cash is the real new and improved Bitcoin. Think of Ethereum and Ethereum Classic.

in #bitcoin8 years ago

Excellent post and those were my thoughts as well... I've said several times on this platform that if Bitcoin is gold, Bitcoin cash will be silver and effectively it will become the crypto that will be paid with collectively. People laughed at what I said.

I still believe Bitcoin Cash will be massively adopted as the payment coin in so many stores that we never seen before.

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I think Bitcoin Cash will completely overtake Bitcoin, not become its silver but become its gold. Bitcoin will have little to no value as the miners will abandon it and there is a thing called chain death spiral, look it up. What happens when miners begin switching to Bitcoin Cash because as of now it's over 150% more profitable..... Bitcoin Core's chain will grind to a slow death.

@Valderrama this is important to know about Bitcoin Classic, right now the profitability to mine is on Bitcoin Cash's side. Read this http://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html

That link goes to an incredible blog. I've been loving that guy's stuff and it is so informative and even