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RE: Bitcoin Cash Launched - Stats Up to Now

in #bitcoin7 years ago

Does that mean the Bitcoin itself will not have the explosive growth as expected since there is a huge demand on Bitcoin Cash?

That may hinder the expected growth of steem price.

Perspectives anyone?

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The more efficient option will take the majority of the market share over time. The growth into the digital assests will continue, it will also continue to be volatile as it has been in it's 8 year history.

More efficient ... do you mean bitcoin cash since it has larger blocks? That don;t sound too good for steem price in the short term I guess...

By more efficient, I mean whichever version of bitcoin processes transactions the quickest and most affordably.

I'd expect the fork will provide a boost to the other crypto-coins since all the people with bitcoin suddenly find themselves with value. $7 billion dollars worth of BCH already in the digital marketplace won't all stay put.

What huge demand for Bitcoin Cash?

I hoping BTC will have more hard fork in the future.....beats praying for better movement upwards...lol

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Oh, I wasn't replying to your comment, friend. My reply was to @bitubitu who totally spammed the comment field under this post. He's already been flagged into the ground, however. I apologise if my comment caused any misunderstanding. It wasn't directed to you or anyone else except @bitubitu.

Have a good post-fork day, sir!

No offence taken buddy.

How has your fork day been? I expected better on the steem price

Me too. But I'm pleasantly surprised at the lack of price volatility for Bitcoin and relatively high (and stable) price of Bitcoin Cash. I'm actually considering mining Bitcoin Cash, after the next difficulty adjustment.

So funny you and @yoda1917 I have a fit of the giggles.

Appreciate you being good sport about this, @thebluecorner! I rarely swear, but all that spamming done by @bitubitu made me lose my cool for a second and drop the F-bomb. Good that it made you chuckle, at least. ;)