Downside in BCH ($268), and cryptoassets which attempt to inherit brand recognition and provide minimal technological advantage to incumbents
@rogerkver and @JihanWu: Offends, bad meme and even relaxed dialog could not convince you that sticking to Bitcoin Cash is an obsession. Can scientific research?
It is humans’ nature that one wants to repeat events one was very successful or felt very comfortable with. There is a tiny reward center in our brains which teaches us that way. That’s why never an ice cream tastes like the first ice cream you ever licked had, no heartbeat while kissing will ever be stronger than the one you had while your first kiss, and all the parachuters are searching for the kick of their first jump with every time jumping out of a plane afterwards. Your dad’s respect, a good meal, sex, drugs … The list of examples is countless.
But seldom a second part of a movie is granted the same success than the the first one.
Consider the following facts:
- According to Bitmex’s report Bitmain, world’s monopolist in hardware supply of Bitcoin mining hardware and one of Bitcoin Cash’s biggest supporters, already lost about $328 M in attemps to turn the altcoin Bitcoin Cash (BCH) into a success.
- The Lightning Network, a peer-to-peer network supporting Bitcoin and other participating cryptocurrencies, has not reached a reasonable version number but already more active nodes on the mainnet than BCH.
- In the recently published analysis of the cryptocurrencies market by the research firm SATIS GROUP (published on bloomberg.com) in the author’s opinion Bitcoin Cash ist sentenced to sink in insignificance within the next 10 years. Hence Bitcoin Crash was the better name.
Who will call a halt before it is too late?