Wednesday, 15 August 2018

While traders & moon boys are getting rekt, BCH community is focused on adoption, utility & technology.

One needs to look at the long term vision and fundamentals and it becomes obvious that BCH will dominate crypto space. It is focused on merchant adoption/utility, can scale far better than btc, provides a good user experience, has a secure network, is buzzing with exciting new projects, is strongly backed by key crypto companies i.e. bitmain, bitcoin.com and is supported by crypto legends such as Gavin and Roger.

Importantly, it's in miners interest for BCH to succeed in the long run since BCH ensures bright future for miners. By contrast, BTC chain endangers miners' future since blockstream aims to move transactions to side chains which means loss of revenue for miners. No wonder Jihan said that mining BTC is just a "short term strategy". It makes no sense for miners to support BTC long term.

When I see people stressed out about red candles, it makes me laugh. Short term price fluctuations are important only to gambler traders. They eventually get rekt by timing the market. Long term BCH will take over, that's obvious, so why even waste time looking at charts? BCH is the only solid project which has a good chance to become money for the entire world.

Didn't think I'd see BCH so cheap. Glad to get rid off dirty fiat and keep accumulating BCH. Exciting times. It's literally a celebration time here!!!

submitted by /u/tralxz
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source https://www.reddit.com/r/btc/comments/97agft/while_traders_moon_boys_are_getting_rekt_bch/

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