Closing of Bitcoin Classic? Can this be true?

[associate_k]

I seriously cannot determine the veracity of this report.

cointelegraph.com - Bitcoin Classic Shuts Down As Staff Claim Bitcoin Cash Will Rule ‘In 6 Months’

Thoughts?

[korkyqq]

Even if they do that, it doesn't mean that Bitcoin will cease to exist.

[associate_k]

That's good to hear. I was a startled by one of Bitcoin's actual developer saying he's jumping ship to BCH for better block size efficiency. I'm no expert but I hope others won't follow suit.

[yluna88]

I read that too and been wondering. That is a very strong title in CoinTelegraph indicating certainty and may subject the readers to misinterpretation. Hope to have old timers discussing about it here.

[Xavofat]

I feel like maybe you're too new to know what Bitcoin Classic is, so I'd better clarify.

Bitcoin Classic was a proposed hard fork which involved raising the block size.  They required a certain level of miner consensus which they didn't reach, so the hard fork never occurred.

Until now they have continued maintaining their client and some people have been running it, but they recently decided to stop maintaining in support of BCH.

This has no bearing on BTC.

[associate_k]

I feel like maybe you're too new to know what Bitcoin Classic is, so I'd better clarify.

Bitcoin Classic was a proposed hard fork which involved raising the block size.  They required a certain level of miner consensus which they didn't reach, so the hard fork never occurred.

Until now they have continued maintaining their client and some people have been running it, but they recently decided to stop maintaining in support of BCH.

This has no bearing on BTC.

Thank you for clarification. I will continue to purchase BTC in light of the massive dip. I appreciate it.