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Bitcoin vs Bitcoin Cash!

sophistry

Published: 13 Nov 2017 › Updated: 13 Nov 2017Bitcoin vs Bitcoin Cash!

Bitcoin vs Bitcoin Cash!

Bitcoin in my opinion was meant to be a storage currency, similar to gold. You buy it not to use it, but to store value and hold. Bitcoin Cash believes that's the flaw with bitcoin because it can't be used for every day transactions. With them increasing the block size to 8mb this allows for faster transactions and future new investors. With billions coming in from the Korea and 30% of miners leaving bitcoin this has caused some huge volatility in the market between the two coins.

Luckily in crypto things correct themselves pretty quick, and I think we're seeing bitcoin recover quite well. I think both coins have their purpose and should not be compared (so no I do not believe in changing bitcoin cash into bitcoin and calling bitcoin -> bitcoin core). Honestly Bitcoin cash should be happy that it's getting the spotlight because of its name when there's so many currencies that do exactly what it does... Dash and Litecoin being two that come off the top of the mind

Anyway, don't want to make this long... what are you guys thoughts on the recent news and price fluctuation. Also where do you stand on the topic?

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