Readit NewsDead Comment
Dead Comment
Isn't there a self-reinforcing positive cycle that can be manipulated here, i.e. large bcash holders manipulate the price up, making it more profitable to mine, attracting more press (like this article), attracting more miners, making it seem like a more popular network, attracting more speculators, driving the price up, making it more profitable to mine, etc...
Bcash could end up being China coin.
Edit (throttled):
bcash is bitcoin cash. 'bcash' is used to discredit it as 'bitcoin'. I like it b/c it's funny.
China coin: https://twitter.com/zaoyang/status/897111083588231173
XBT not being used as a currency & bcash being traded heavily. (First thing that comes to mind).
David Sacks said in an int that crypto is at da Internet's 1999 prices w/ the tech of 1995. Bunch to build. Best to invest in durable shit. Not hype coins or vapourware white papers, IMHO.
Bitcoin Cash has a higher trading volume than Bitcoin now. How is this possible?
XBT not being used as a currency & bcash being traded heavily. (First thing that comes to mind).
Dead Comment
You know my utility function, bro? Maybe it's different from yours. Maybe I care more about books/code/& shit like that.
Takes a high degree of empathy to understand something like that, though.
Edit: I think some of the problem is I'm talking to n00bs