explanation of BCH

[webtricks]

Sometimes people aren't doing things for reason, but they do because others are doing the same. People may argue BCH rising because it has more utility than BTC due to low fees, bla bla. But is BCH the only solution to BTC scalable issue? Aren't those 90-95 red coins among Top 100 coinmarketcap coins faster than Bitcoin and much cheaper than both BTC and BCH in terms of fees?
This is just a systematic pump from group of miners who created buzz about BCH by announcing their shift from BCH to BTC. People consider it as BCH triumph over BTC and started buying BCH. This is very delicate bubble and will burst very soon!

c&p of my post to another thread:

40-50% of 24h BCHvolume coming from one korean exhange:

and yes, pair is BCH-KRW :

https://coinmarketcap.com/currencies/bitcoin-cash/#markets

oh, and top six has three exhanges with BCH-KRW...


looks legit forming of a value 

Lol, Nice one.

[1715245708]

1715245708

[Savik]

Sometimes people aren't doing things for reason, but they do because others are doing the same. People may argue BCH rising because it has more utility than BTC due to low fees, bla bla. But is BCH the only solution to BTC scalable issue? Aren't those 90-95 red coins among Top 100 coinmarketcap coins faster than Bitcoin and much cheaper than both BTC and BCH in terms of fees?

True, but there is a shitload of sha256 mining equipment around the world that is looking for the most profitable coin to point towards. BCH is looking more and more likely to win that mining hashrate.

Without majority mining hashrate, BTC is dead. Same can be said for B2X as it stands currently. BCH will survive and thrive no matter what happens with hashrate (new diff algo on Nov 13 maintains 10min blocks much better)

https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/

[webtricks]

Sometimes people aren't doing things for reason, but they do because others are doing the same. People may argue BCH rising because it has more utility than BTC due to low fees, bla bla. But is BCH the only solution to BTC scalable issue? Aren't those 90-95 red coins among Top 100 coinmarketcap coins faster than Bitcoin and much cheaper than both BTC and BCH in terms of fees?

True, but there is a shitload of sha256 mining equipment around the world that is looking for the most profitable coin to point towards. BCH is looking more and more likely to win that mining hashrate.

Without majority mining hashrate, BTC is dead. Same can be said for B2X as it stands currently. BCH will survive and thrive no matter what happens with hashrate (new diff algo on Nov 13 maintains 10min blocks much better)

https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/

Even though BCH mining seems more profitable at the moment, miners shift can't guarantee that users will shift to BCH too. As a result, BTC will sustain and when load of miners reduces on BTC, it will once again turn profitable mining option. So this cycle will revolve again and BTC will rise again.
I honestly don't feel promoting BCH is solution to BTC scalablilty issue, in any way.

[greeklogos]

Huge shameless fud manipulation and shill campaign to pump bch and discredit btc. Will dump soon....but i've been saying that to myself for a week and more folk keep falling for the fud...gonna be very messy i think.

Manipulation is the only explan that people can say about this incredible pump. Currently the price for BCC is 1335$ and it's 50% growth from yesterday. Meanwhile Bitcoin is keep dropping... Can it really catch 10k$ price by Christmas as many of users predicting? I am not sure.