Bitcoin Price (BTC)

Is BTC really Peer to Peer Money for the world ?

BTC Small blocks require off-chain solutions that look to eventually be run by Banks with custodial wallets (accounts), those solution fees are not close to zero so are people being corralled into a new system that is actually the same as the old system or potentially worse ?

Bitcoin Cash 1 year chart looks like the 2014 to 2018 Bitcoin chart.

Priced at $610 a coin BCH has the same genesis block as BTC, same 21M total supply, same halvings and the same miners.

Bitcoin went from $600 a coin to $18,000 back in 2018.

Maybe holding a few BCH through the next halving cycles could deliver big returns.

If BCH follows BTC it could go from $600 to $70,000 a coin so maybe it's an 8 year retirement plan

It might not, but there is little risk in holding a few, just in case.

Call it insurance, with the added bonus of it being a fast, peer to peer electronic cash system and almost free to transact on-chain

Bitcoin Cash Price Analysis, great guy and even better charting for Bitcoin Cash (and other crypto)

C-Zar Gets Crypto

6.1k subs

275 views 2 hours ago

https://youtu.be/OBj2hoyFie8?si=yafoidQ9xO75zabx

Economics, The State of Crypto, and The New Book #HijackingBitcoin

Roger Ver

131 views 1 hour ago

Keith Knight (@KeithKnightDontTreadonAnyone ) sits down with Roger Ver and co-author Steve Patterson to discuss the current state of cryptocurrencies and their new book Hijacking Bitcoin: The Hidden History of BTC.

https://youtu.be/SGWIh9yzg-I?si=ikNUfLMcD8PKiScc

Something I found interesting was this stat;

As per the data from IntoTheBlock, 2miners had reduced their holdings to a 5-year low of 6.15 million BCH by the end of March 28. However, recent data indicates an increase in their balance by 40,000 coins, reaching 6.19 million BCH by the close of April 2.2

The BTC miners have been able to HODL some coin by constantly diluting share holders but in their quest for ever higher hash rate they for the most part have not been able to amass much HODL.

BCH miners on the other hand appear to have been stashing away 1/3 of the current supply !

Assuming the CoinGape article and info is correct the BCH miners have played a very different game with circa 2EH mining they have accumulated a huge stash !

https://coingape.com/bitcoin-cash-bch-price-hits-3-year-high-above-700-more-steam-left/

Feels to me like the BCH miners know what's coming while the BTC miners got caught up in a game they cannot win

This might sound a little crazy but the BCH chart to me is looking like the Bitcoin chart from 2014 to 2018...

IF (big IF) that's what is playing out Bitcoin went to $16,000 in 2018 and we all know what happened from there. The difference being that the mining rewards are now MUCH lower at 450 new coins per day and there are more investors in the market so potentially we could see something that's difficult to get your head around...

Might not happen of course but the 'what if it happens' is very compelling with BCH at $680 a coin !