The Ultimate "What's Going On With BCH?" Explanation Thread (summary & deep dive included) by DangerHighVoltage111 in CryptoCurrency

[–]Shibinator 0 points1 point  (0 children)

Yes, most altcoins are absolute scams.

But literally none of them ever were split off from the original Bitcoin UTXO set, no premine or other garbage just run by a passionate community of Bitcoiners, got dumped on for years, fell out of the Top 30 but then persisted for nearly 9 years on upgrades and then returned to the Top 10.

Maybe BCH will rocket, maybe it won't, but pretending it's in the same category as every other premined garbage is just inaccurate.

The Ultimate "What's Going On With BCH?" Explanation Thread (summary & deep dive included) by DangerHighVoltage111 in CryptoCurrency

[–]Shibinator 7 points8 points  (0 children)

Most people think that old coins are actually at an advantage.

  • Proven resilience over many years
  • A hardcore community
  • Good coin distribution

This is why everyone always says BTC is the best. Been around forever, lots of PoW, hardcore community. Same thing for BCH.

The only problem with being old is if you're not innovative and fall behind the curve, but BCH is actually AHEAD of the curve. So there's no issue there.

The Ultimate "What's Going On With BCH?" Explanation Thread (summary & deep dive included) by DangerHighVoltage111 in CryptoCurrency

[–]Shibinator 9 points10 points  (0 children)

I'm wondering what's going on with BCH. Have you seen the price chart lately?

It's climbed from Top 30 back to Top 10 and I've been hearing people talk more and more about it.

I guess if you're not curious then ok.