Tuesday 12 March 2019

Very Serious Point About BTC Position


The narrative that another crypto is the real Bitcoin is causing I am certain real people who are being misled to lose money by either investing in something that they don't intend to by accident or because they are being given misinformation, facilitated by the ownership of bitcoin.com.As has been mentioned before, if BCH supporters were sincere in their belief that bcash is superior to BTC, they would make the distinction clear, even sell the domain.A clear indication of their desire to derive benefit from the confusion is discussion of BCH vs BTC so often whereas a rational approach would be to discuss its merits over another crypto that it is closer to in marketcap -- it is in danger of slipping another notch below a competitor so that it could well instead of being #6 it will become #7 which I believe is a very big problem in terms of credibility. They should be discussing merits over this crypto in an attempt to prevent this slippage.But instead it is only btc and lightning network that are discussed and denigrated -- is the only strategy that bcash supporters can come up with to take advantage of confusion and attempt to boost bch by (I guess) knocking a crypto with 30 times its marketcap? This to me shows (and I am not a psychiatrist) something like delusions of grandeur if that is the right sort of diagnosis.I doubt that my advice will be taken but I would take smaller and presumably more effective steps and attempt to encourage people to see the merits of bch over binance coin which could in the next few days overtake bch in marketcap. Even Stellar is a danger to them. And if trading volume is an important measure, even ethereuem classic is a competitor. via /r/Bitcoin http://bit.ly/2UvK6yl

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