RE: If You Invested In Bcash In It’s First Year You Are Scammed Or You Are A Scammer - If You Invest In Bcash In The 2nd Year You Are A Moron
My friend, I've been an outside observer of Bitcoin since the very early days and I fully understand the technology and the FORK which I believed killed Bitcoin. I call it Bitcoin Core because I don't see it as the authentic/original Bitcoin. Neither do I feel Bitcoin Cash is the original either, so don't worry.
However, as much as I don't really like Roger Vey, you can't deny his arguments nor his motives for creating Bitcoin Cash. It was the Bitcoin Core team who wanted to change Bitcoin and went AGAINST the consensus. Forcing Roger Vey. I hate all of the arguments in the Bitcoin space. There is some very mean-spirited and spiteful people who demonstrate levels of arrogance like nowhere else on the internet.
I am sorry to hear you are so heavily invested and for your sake I really do hope you reach your target. I think you probably will if it's realistic but might I recommend a bit of diversification to protect yourself.
Look I understand that segwit did change somewhat how Bitcoin worked but to many it was a necessary change. There was consensus for segwit majorly the miners just did not want it. Maybe you can call it a flaw in POW but there was consensus for segwit. Not 100% mind you but more than 70%. Roger Ver arguments are flawed. Give me his and I can disprove them all. Roger Ver was someone I respected but he has a much flawed idea on how Bitcoins works...
And please don't say Blockstream controls bitcoin-that got to be one of the most dumbest theories I ever saw.
And most of what @michiel said is true, there are part he exaggerated majorly.
Plus if we have the follow the whitepaper and Nakamoto...
He did give the idea of the LN and he did say the thing that keeps Bitcoin, Bitcoin is the hashpower. Bitcoin cash or BCH can try to defeat Bitcoin to become the real Bitcoin but until then BTC is Bitcoin and BCH is an altcoin/not Bitcoin.
And I share this view while being diversified as well.
Consensus is not only reached by the miners, but by the entire community. Users are able to pull miners in a certain direction by creating incentive for miners to mine the most valuable chain which is decided by the users by supply and demand. This multi layer decentralisation is not a flaw but a feature. Bitcoin would have failed already otherwise.
+1
Bitcoin is exactly the same as pre-Segwit Bitcoin, you can still use the same software and make transactions without Segwit if you wish. Segwit was a softfork thus 100% voluntary and if you don't want to use it Bitcoin will still function EXACTLY the same for you. Try to run Bcash with older software LOL