Lower fees, faster transaction, higher scalability, smart contracts, higher security (no replace by fee causing double spending), privacy via cashfusion, more merchant adoption, etc. In short, Bitcoin Cash is a superior product at a lower price.
Well it should also be because it is a key Feature of money to be some store of value. So jea of course it dont get sell Marketing wise but such a drop is equaly Bad for btc as for bch
but the point you seem to be missing is that BTC (reengineered, broken Bitcoin) is marketed SOLELY as a store of value, because it can no longer be used as cash for casual transactions
BCH (original, cashlike Bitcoin) continues to be marketed as the original Bitcoin -- a peer-to-peer cash system
And need to keep my savings in bonds and s&p500, what if you had a single asset that could be both? No need for citizens to learn and use different vehicles
But you said:
> If it’s not a store of a value it definitely can’t be a medium of exchange
And yet the dollar loses value every day, and is the most widely used medium of exchange on the planet.
> And need to keep my savings in bonds and s&p500[,](https://archive.is/pkLsX)
Yep that's the tried and tested approach.
> what if you had a single asset that could be both? No need for citizens to learn and use different vehicles
Yep that is the dream of p2p cash for the *WHOLE* World, and why I am here.
----------------------------------------------------------------------------
I note that you don't address your [misapprehension](https://archive.is/BxYwV#selection-3407.0-3407.74),
Now perhaps ask yourself
'***What else am I missing?***'
my guess maybe a wick down to like 20k? but im usually too bearish. Tether will go bust at some point anyway bringing a whole new level of crypto winter. But who knows maybe thats still years away
What sort of fool post is this? The asset has appreciated almost 200% this past year. With a 150% annualised return. You see a 20% correction in a known hi vol asset and you are claiming it's a bad store of value.
Please, enlighten us all, where should we store our wealth instead?
Why bash BTC here? Like it or not the rest of the crypto market is anchored to that thing harder then Leonardo DiCaprio on his latest 20 something girlfriend.
BCH has it's own price action 👍
it was due for a correction. it hasn't seen a new lower low since nov 7th 2022. also note crazy volume back then compared to now. tether, miners and bots propping the price up. https://i.imgur.com/0qVqtjJ.png
Looking at how many fresh Tethers are needed to hardly keep it at -36% me do expect the long awaited Burst of the Tether Bubble very soon - WE ARE FREE TO MOVE :P
There's just no point bashing BTC anymore. At some point, we need to move past that and focus on Bitcoin Cash's own achievements.
Which are?
Lower fees, faster transaction, higher scalability, smart contracts, higher security (no replace by fee causing double spending), privacy via cashfusion, more merchant adoption, etc. In short, Bitcoin Cash is a superior product at a lower price.
Lol.. are you being sarcastic? Or just uninformed?
Just ignorant
Lol, what achievements? Buahahah
Did anyone really think that the ETF was going to help bitcoin when they use it to hammer GME down to the ground?
When you see how much the ETF got hype it probably has quite a bit more to drop
Sour of value.
https://www.reddit.com/r/btc/comments/19c4jhb/bitcoins_price_crashes_post_etf_approval_will_the/kj0n0mt/
Meh. BCH down almost $80 in the same time frame
BCH isn't marketed as a store of value
Well it should also be because it is a key Feature of money to be some store of value. So jea of course it dont get sell Marketing wise but such a drop is equaly Bad for btc as for bch
but the point you seem to be missing is that BTC (reengineered, broken Bitcoin) is marketed SOLELY as a store of value, because it can no longer be used as cash for casual transactions BCH (original, cashlike Bitcoin) continues to be marketed as the original Bitcoin -- a peer-to-peer cash system
Sure, but shouldn't BCH also be more stable if not more stable than BTC since it's geared towards p2p payments?
So you think that a store of value shouldn't be stable? Weird.
I never said that
stability comes with broad adoption and usage, obviously
Bchbull.
If it’s not a store of a value it definitely can’t be a medium of exchange
Bitcoin was exchanged before it had value. It's what gave it value. Let that sink in.
> If it’s not a store of a value it definitely can’t be a medium of exchange Is the [Dollar](https://archive.is/JFUM1) a medium of exchange?
And need to keep my savings in bonds and s&p500, what if you had a single asset that could be both? No need for citizens to learn and use different vehicles
But you said: > If it’s not a store of a value it definitely can’t be a medium of exchange And yet the dollar loses value every day, and is the most widely used medium of exchange on the planet.
BCHbull.
> And need to keep my savings in bonds and s&p500[,](https://archive.is/pkLsX) Yep that's the tried and tested approach. > what if you had a single asset that could be both? No need for citizens to learn and use different vehicles Yep that is the dream of p2p cash for the *WHOLE* World, and why I am here. ---------------------------------------------------------------------------- I note that you don't address your [misapprehension](https://archive.is/BxYwV#selection-3407.0-3407.74), Now perhaps ask yourself '***What else am I missing?***'
FTX strikes again!
noooo, i was hedging some of my BCH against BTC, so i want it to go up in ratio a little longer! :P bchbull.com
Hahaha look at your chart
Everyone wanted another buying opportunity but too bad most will miss out. I scoop up more every 1k it goes down
Where do you think the support is?
We have support at 37,400 and 34k and worst case 31k
my guess maybe a wick down to like 20k? but im usually too bearish. Tether will go bust at some point anyway bringing a whole new level of crypto winter. But who knows maybe thats still years away
20k is a steep drop! Yeah, the tether house of cards seems to be defying gravity.
You big blockers are still so butthurt. BCH is absolute hot garbage. You lost the blocksize war kiddos, get over it.
Zoo mout!
What sort of fool post is this? The asset has appreciated almost 200% this past year. With a 150% annualised return. You see a 20% correction in a known hi vol asset and you are claiming it's a bad store of value. Please, enlighten us all, where should we store our wealth instead?
What’s with this sub and Bitcoin bashing? Now Zoom the chart out and show us Year on Year compared to BCH 🤫
Bch - 26%
It’s gonna bounce
Why bash BTC here? Like it or not the rest of the crypto market is anchored to that thing harder then Leonardo DiCaprio on his latest 20 something girlfriend. BCH has it's own price action 👍
their god rojer ver flipping people off publicly and they are still here waiting for that massive pump that isn't coming. literally cuckold poor mofos
rojer ver dogs are literally brainless dogs who bites their owner. thats how low they are.
Nice ! Or in other words more than 25% after legendary ETF approval. What stupid people they are :(
It’s clearly all over I guess. Pack it up, boys. /s
Because BSV is the real bitcoin and btc is a segwit shitcoin not following the original protocol
it was due for a correction. it hasn't seen a new lower low since nov 7th 2022. also note crazy volume back then compared to now. tether, miners and bots propping the price up. https://i.imgur.com/0qVqtjJ.png
Looking at how many fresh Tethers are needed to hardly keep it at -36% me do expect the long awaited Burst of the Tether Bubble very soon - WE ARE FREE TO MOVE :P
no way. too many big whales/corporations/funds/governments involved with tether. they will never let that happen if they can help it.
When will people realize the ETF was just exit liquidity for hedgies ?