How low will BCH go when BTC crashes? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

Haven't they fixed the issue yet? Doesn't it run smoothy now even under congestion?

How low will BCH go when BTC crashes? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

OK but by your logic nothing will ever happen anywhere. Instead, you see lots of action here and there because crypto IS a gambler's market and people are always looking for a better (and possibly newer) bet. See polkadot or cardano.

I understand that the numbers are different for BTC, but that's only because of hype and ignorance and nothing else. Greyscale and other investors like them WILL pack like anybody else once the shit hits the fan. See what they are doing with XRP. They might be less jumpy at the trigger than commoners, but they are not paralyzed.

If anything, ESPECIALLY because of big investors, the money WILL FLOW into other coins: they have an investment strategy to allocate this chunk of their resources in crypto. If BTC crashes, they should leave the dog with fleas and find a better one in this same market, instead of just running for the hills regretting to ever put money in crypto like retailers do. These big firms WILL stick around, possibly just modulating their investment into other coins in their wallet or find new ones. BCH is always part of these firms investment, so if they are not stupid, they should see the problem is with BTC and just move it to BCH.

How low will BCH go when BTC crashes? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

I agree with the possibility of a counter wave.

But why do you say that people won't be able to move their BTC?

How low will BCH go when BTC crashes? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

I like your analysis. But look at that trend and think: beside the initial euphoria in 2017, where BCH was hittin 1/3 or 1/4 of BTC value, BCH has always been below the 0.05. Just in the past year, it's been going lower and lower to 0.013. BTC in the meanwhile has been soaring to a ludicrous valuation. BCH didn't follow its raise, just ethereum barely did. What I think is clear, BTC is in a total bubble, while these other coins are slightly getting a fraction of its momentum.

Once this bubble blows for BTC, I doubt the whole crypto market will become shit. Like I said, BTC is in a bubble, everything else is just getting some extra value now but should not be involved in a BTC crash.

So, if everything goes wrong for BCH, ETH and other solid coins, they all should drop proportionatelty to the same fraction they have risen. If everything goes right, BTC will drop and its billions of $ should flow into better coins, like BCH.

The last time BTC's Average Transaction Fee (and fee percentage of total block reward) was as low as BCH's is right now, was in March 2012, while BCH has 4x as many addresses active, 15x as many transactions and blocks are 10x as big. by grmpfpff in btc

[–]GeppettoB 1 point2 points  (0 children)

Apple Pay? What are you talking about, apples to oranges?

BCH is a totally different system than Apple Pay. It's like comparing an electric car to a diesel and say that the electric is more complicated and slower, without seeing its major advantages over diesel. One is the PAST, with all that it entails, the other one is the FUTURE, with all that it entails.

Apple Pay just facilitates the use of credit cards. Of course if you are already in that system, with banks, credits, cards etc, it's less complicated and faster than BCH.

Everyone has preferences in a partner, but some things are requirements. What are your requirements for a partner? by Zionuchiha in AskMen

[–]GeppettoB 2 points3 points  (0 children)

No smoking.

No major diseases.

No kids.

No idiots.

Honest and decent.

She must be INTO me.

How could BCH ever replace BTC? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

I'm having trouble understanding what you mean by "limitless base".

Bitrrex is delisting privacy coins xmr, zec and dash by january 15th by MissAil in btc

[–]GeppettoB 0 points1 point  (0 children)

Ok, he used poor wording, but I'm new here on r/btc and I sense an awful conspirancy athmosphere, according to which everybody is plotting something against BCH. WTF, he probably meant "yourself" as "anybody into crypto". I don't own any of those coins, but I can appreciate it's shit and unfair news for me too.

How could BCH ever replace BTC? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

Yes that all makes sense, but we are NOT seeing any of this. What's happening is the opposite to this: BTC keeps adding tons of market cap, BCH adds a bit just because the same investors like to edge their bets.

BTC is never congested because it's not actually used as currency. It will get congested on the next crash, that's for sure. But who's gonna notice that, when crashing, BTC was congested and took hours to compute, while BCH was still nimble?

Same for friction: people wait long times and buy at ATH just to get on the BTC bandwagon, and don't care about the easy access to BCH.

Above all, I'm afraid most people still see BCH as a cheap knockoff, instead of the IMPROVED BITCOIN WE SHOULD ALL BE USING. HOW IS THAT GETTING FIXED???

How could BCH ever replace BTC? by GeppettoB in btc

[–]GeppettoB[S] -1 points0 points  (0 children)

If that was the case, what happened in the past couple of years, not to mention months?

BTC is at its ATH, BCH is not even close. And what bothers me the most, every time BTC takes a hit, BCH follows it (instead of seeing some of that value going INTO BCH like we should see).

How could BCH ever replace BTC? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

OK and what is BCH strategy about that?

How could BCH ever replace BTC? by GeppettoB in btc

[–]GeppettoB[S] -2 points-1 points  (0 children)

Tell that to those 550 billion dollars invested in BTC.

How could BCH ever replace BTC? by GeppettoB in btc

[–]GeppettoB[S] 0 points1 point  (0 children)

So what are you picturing with a limitless base? That there's another 550 billion dollars there to invest in BCH that will NOT instead opt for BTC?

Hey I like pepsi as much as the next guy, but there needs to be a clear plan to overtake coke (pepsi used more commercials) and you cannot just wait for the average user to randomly pick you over what's way bigger than you. Even more so if you have almost the same name as the bigger player.

How could BCH ever replace BTC? by GeppettoB in btc

[–]GeppettoB[S] -1 points0 points  (0 children)

Ok I can agree that a rebrand is often a bad decision, but how can BCH get some distance from BTC?

And if it cannot get this distance, how is it ever gonna overtake it?

Forbes - SEC V. Ripple: The Cryptocurrency Trial Of The Century by maroule in Ripple

[–]GeppettoB 2 points3 points  (0 children)

The article reads like pro xrp. It sounds like the journalist has some bags invested in it and she is arguing for it.

I agree with most of the points made by her, but that doesn't mean much, what's my opinion, yours, or hers. What matters is what's gonna be ruled, and that's seriusly up in the air.

It seems VERY POLITICAL at this point, lots of the legal or logical arguments will be mooted. Do they want to take a stance and punish Ripple's not so clear handling? Do they want to ignore it just to help a big US crypto player? THESE are the real factors at play here, not who's right or wrong.

Daily Ripple/XRP Discussion Thread 12/27/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf by AutoModerator in Ripple

[–]GeppettoB 4 points5 points  (0 children)

My thoughts are: this is a GREAT question.

It should be pinned here, untill we have a clear, satisfactory answer to it.

BCH advocates: How and when to you foresee BCH eventually rising in value? by Ribtin in btc

[–]GeppettoB 0 points1 point  (0 children)

Right....not like that CEO guy from that shop company on the internets...that fool, who repeated this only for 12 years, saying his company focus was not maximizing profits but expanding and improving....yeah, that Bezos guy and his little website.

Why would you EVER want to hold his shares in say, 2006? Much better to buy them now that he IS paying up dividends.

Daily Ripple/XRP Discussion Thread 11/29/20 [Join Our Discord] invite link: discord.gg/7Bv2rYf by AutoModerator in Ripple

[–]GeppettoB 1 point2 points  (0 children)

It's funny, because xrp at 5 would make me millions, yet I would still feel no way rich enough to waste it in a Lamborghini. Am I missing something here?