Dear MSM: "Bitcoin Cash" w/ ticker $BCH is a forkcoin created by Bitcoin Unlimited devs, sponsored by Bitmain, launched by ViaBTC.
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Replying to @Excellion
It's not technically a hard-fork, nor an upgrade in any sense. It also does not do anything to improve transaction throughput of
#Bitcoin.13 replies 36 retweets 117 likes -
Replying to @Excellion
$BCH is just a copy of#Bitcoin's blockchain and will have minimal hashrate once it comes into existence on Aug 1.5 replies 22 retweets 77 likes -
Replying to @Excellion
$BCH is a clever way to trick exchanges into supporting a coin they likely never would have cared about if it was named anything else.7 replies 24 retweets 97 likes -
Replying to @Excellion
For now
$BCH appears to have some value because it's traded on a heavily manipulated exchange. Price will drop close to zero once it exists.6 replies 12 retweets 56 likes -
Replying to @Excellion
$BCH will also likely crash once it starts being mined because devs are inexperienced & literally removed#SegWit code with an axe.3 replies 12 retweets 63 likes -
Replying to @Excellion
Why was
#SegWit code removed from the codebase? You may want to read up on#ASICBOOST.#DoYourHomework5 replies 15 retweets 78 likes -
Replying to @Excellion
In summary,
$BCH is an altcoin with little to no value proposition. It's not#Bitcoin any more than Litecoin or Zcash is.7 replies 13 retweets 70 likes -
Replying to @Excellion
The only benefit of
$BCH is it gives the "big block" or anti-SegWit group their own coin to play with & hopefully they leave in mass exodus.7 replies 21 retweets 109 likes
doesn't matter. the Invisible Pumping & Dumping Hand of the Free Market will ultimately decide which is real #Bitcoin. #JustForkItAlready
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