Why is bitcoin cash a shit coin

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What sounds like a good idea is pretty uncreative from a technical perspective and also the attempt of some people to take over control of Bitcoin. You can keep it and wait if its value increases more than the value of Bitcoin. In our opinion it is way more likely that the value of Bcash will drop further and further.

You can dump your free Bcash on any Bitcoin exchange and buy the real Bitcoin instead. The ones who sell earlier might be the winners in this game. But of course, its up to you how you decide. Anyway, here is a little background info about Roger Ver, one of the main persons behind Bcash — do your own research:. I think opposite. I never had any problems with BCH. This is Open Source.. Actually, looks like they are more scam.

Author himself in this very article writes that BCH did change almost Nothing from original — so it is Bitcoin then? I find this kind of blatant hit job appalling. This is not who we are as community. Someone offered me to invest in Bitcoin Cash. He told me that he joined this since July and he has received the bonus for every first of the month.

At first I was interested, but after a while, I was thinking that what he told me was too good to be true. He told me he wants to help his friends by investing in Bcash. Being curious, I was looking for the info and found this website. Thanks a lot. We appreciate your opinion TheotherVicious. We see a big risk of centralization with on chain scaling as with a big chain the costs for the hardware to run a full node will not be affordable to normal people.

Therefore only people with enough money in the pocket or companys can run full nodes. Ethereum shows that pretty clearly. Who runs a full node in Ethereum? But as said, thank you for your time and your opinion. It is unfortunate Rogar pushed for BTC was loved and now the attack on an individual to justify your emotional subjective synthetic fear and for the sake of security. Bitcoin Cash is far more objectively Bitcoin than Bitcoin.

Yet, because of emotion and subjective your critique of judgement is not good. They go up 10x or x. We call those ten baggers or hundred baggers. There is a fourth kind of coin: a security token. In a year or two, people will be overrun with companies putting their shares on the blockchain.

Delaware, the business center of the known universe, already gave us model legislation , so count on it at the federal level too. They just move slower. These are the simplest coins. Some are deflationary, some inflationary. Some are meant to move fast and others are meant to hold so you can buy things with it later. The granddaddy of them all is Bitcoin. It has first mover advantage and a huge lead on the others. That means Bitcoin Cash should go into your pile as well. Other coins like Dash have good momentum.

Dash tends to thrive when Bitcoin is plunging. It steadily gains market and mind share. Decred is not a bad bet either, as it has a good distribution model and community. Privacy coins are essential. These work a lot like a digital version of cash, anonymous and agnostic. These are all strong contenders to become the cash of the future in a cashless society.

Platform coins are looking to do things that are the sole domain of servers and clouds right now. They want to power decentralized applications, run smart contracts as law and power everything from identities to storage to voting. The platforms have the longest way to go. They have to solve incredibly challenging scaling problems, maintain security, create whole new programming languages and deliver a fantastic user experience. None of this is easy.

It will take time. But these platforms are the foundation of the decentralized internet of the future. The biggest and baddest so far is Ethereum. They have tremendous momentum, incredible devs and they rapidly incorporate new changes into the system.

Ethereum is a must hold for any stack. New platforms are coming out every day. But for now we go with what we have here and now. Not a bad one for your bag. I sold them way too early. By the time that happens those services might already be incorporated into the platforms or get up and running for free. This should be the smallest portion of your bag. Expect utility coins to make up a significant portion of the post dot-com crypto bubble burst list.

However one style of utility coin is here to stay: Fintech coins. These are coins that are designed to move money around the world for major institutions like banks. Ripple is the big one here. The only question about Ripple is how much it actually rises in value over time.

Hard to say but good to hold onto anyway. A better choice to me is Stellar Lumens which has a fantastic team. They partnered with IBM to provide service to banks and they have some incredible advisors on board, as well as a lot of transparency. PAY is a good bet , if they can get their partnerships with the major credit card creators off the ground. That is a big if because the Visas and Mastercards of the world will likely do their own crypto at one point in an attempt to maintain monopoly control over the credit card terminals.

SALT is incredibly interesting as well. They propose to do blockchain backed loans, another industry ripe for the picking and something that the IMF will love for micro-loans in third world countries. Last up in Metal. They fit my ultimate pattern for building a universal reward coin and I like what I see out of them. This is about understanding who has a real shot at surviving.

I am not your financial advisor. This is very risky. High risk, high reward. Making a bunch of money is about taking risks. I promise you nothing but the ability to place your bets and hope for the best. That disclaimer aside, I like my chances. Do your own research.

So there you have it. Grab a basket of coins, buy and hold. Wake up rich in a couple of years. Most of the coins would have disappeared but the big ones would have delivered those hundred baggers.