Bitcoin Cash Price Explodes... Why?

in cryptocurrency •  8 years ago 

Check out "Bitcoin Cash Price Explodes... Why?" by The Modern Investor:

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8 years ago by

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      ·  8 years ago 

    Thanks for the info brother. I must admit I bought a little BCC today, just out of fear that it would be THE Bitcoin (Berwick and some others talked about that today) But man, if this is a pump'n dump we're going to see some insane Bitcoin Core buying. If BCC falls 50% from these levels, I'd be surprised if BTC is under $5000.

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    1 vote
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      ·  8 years ago 

    I'm staying the hell away from either Bitcoin tbh, I'm in the altcoins and it feels much safer there currently

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        ·  8 years ago 

      this post is lucrative

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        1 vote
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          ·  8 years ago 

        BCH is closer to the origional BTC than BTC is now! transaction fees on BTC is around 20% no wonder people are flipping, it wont take merchants long to start accepting it :)

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          1 vote
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            ·  8 years ago 

          Thanks for sharing

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            [-]
              ·  8 years ago 

            Who else is amazed to see the bull run of bch????

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              [-]
                ·  8 years ago 

              I think I'm living in the twilight zone. How does a "currency" that is barely accepted by any commercial businesses (forget mainstream) reach a market cap of $10bn? What am I missing here? What is fundamentally valuable about a virtually unspendable cryptocurrency?
              I'm lost, help.

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                  ·  8 years ago (edited)

                What happens when cost of electricity is not an issue? When each vote has a cost in computing power, it makes it unlikely that one person or group would out compute the majority.

                What if you were the unscrupulous creator of a Nations currency, and money were no object? You could pay any cost of electric, because you could print the money to do it.

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                    ·  8 years ago 

                  In 2140, when no more coins are created participants will only be paid in fees added onto the transactions. Look at who is setting up this process to collect the fees.

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                      ·  8 years ago 

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