Why you should own Bitcoin Cash and what's the background by ulfr

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bitcoin · @ulfr · (edited)
$14.75
Why you should own Bitcoin Cash and what's the background
Dear Steemians,

![BCC.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1510692799/bjou8uiuhdesieunmdbl.png)


Two days ago Bitcoin Cash passed Ethereum for the first time in market capitalization.
Background is the failure of SegWit2x. With SegWit2x BCH would have been quite useless.... But you all know SegWit2x was not going to happen.

### Who is investing in Bitcoin Cash ?

Well, we know that certain whales like Roger Ver are supporting BCH.
https://rogerver.com/img/homepage.jpg

https://twitter.com/windsok/status/929626408753627136

He moved  all of his BTC ... 250K to Bitfinex. Well, if someone sells such an amount of BTC and buys BCH you will probably notice that.
Other analysts tell us that the Chinese are supporting BCH as well because they need low transaction costs.
So we have really mighty whales who want BCH to become the "real and only" Bitcoin. 

### The supporters of BTC

Well, of course there are also very mighty whales who are supporting BTC.
One very important supporter is Bank of Japan governor Kuroda

![Bildschirmfoto 2017-11-14 um 21.32.39.png](https://res.cloudinary.com/hpiynhbhq/image/upload/v1510691714/c5phv4yjdyqaygljoww5.png)

He does not see any problem with cryptocurrencies at the moment.
http://www.forexlive.com/news/!/boj-kuroda-sees-no-significant-problem-with-cryptocurrencies-at-the-moment-20171113
While Kuroda is not optimistic for his fiat currency Yen at all.
Remarkable comments this week in Zurich by Kuroda!
And we know of course some hedgefund managers who are also openly supporting BTC.

### Conclusion

There are mighty whales fighting on the one hand for BTC and on the other hand for BCH.
Who will win ?
Well, nobody knows the future. But one thing is for sure:
If you only own BTC and NOT BCH, then you take a high risk.
Because BCH could win at the end.
So where is the problem to own BTC and BCH ?
Your investment in cryptos will become a lot safer if you own both.
If one of them will die, probably the investments will flow into the other Bitcoin and the price will rise.

So, if you only own BTC right now you should really think about buying some BCH at this point...
You can sleep a lot better by doing that.
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 130 others
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@twitterbot · 
### ![windsok](https://pbs.twimg.com/profile_images/848643582458159105/yVPcKdoU_normal.jpg) **[windsok](https://twitter.com/@windsok/status/929626408753627136)** tweeted @ 12 Nov 2017 - 08:26 UTC

> All of Roger Ver's Bitcoins have moved [blockchair.com/bitcoin/addres…](https://t.co/K1x0BHLyGn)


###### *Disclaimer: I am just a bot trying to be helpful.*
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@joewilder ·
$0.12
Thank you. Maybe you are right. Dont really like BCH roadmap with big blocks all transactions on chain. Sounds obsolete to me.
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@amitraj ·
$0.09
This is good post we have  currently   keep a good calculation  between BTC and BCH.  Thanks.
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@tighilt ·
$0.09
Bitcoin knows its first fork: an event for the users and the curious ones who wonder how the two chains of blocks born from the same source will cohabit and interact.
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@sheikh27 ·
$0.09
ya, i appreciate your idea just like put eggs on different bowl to secure them not to lose them at once.
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@votman ·
$0.09
Good article with useful guidance. Hodl BTC & BCH, no matter who wins, if we win at the end~
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@pardeepkumar ·
$0.09
Non travel , good post
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@spiritualpower ·
$0.09
Good post about btc bch
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@nirob ·
$0.09
Yeah you are exactly telling right. "if you only own BTC right now you should really think about buying some BCH at this point". Thanks
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@lito ·
$0.09
You made the right post at right time. Keep BTC & BCH will not make anyone hurt. It can be a nice move in this high fluctuation market place.

~Followed & Upvoted
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@resteemia ·
$0.09
https://steemitimages.com/0x0/https://media1.tenor.com/images/79e4914c5c4a3caf370fe5da253eb1f2/tenor.gif?itemid=6196438
excellent article with useful tips for all crypto traders & hodlers **@dragosroua**

@resteemia
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@theguruasia ·
$0.09
@ulfr,
BCH is faster than BTC and BCH also having cheaper transaction fee than BTC! So, things can be change, but we have one another good solution STEEM :D I am just saying, can have a great future ahead!

Cheers~
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@chireerocks ·
$0.09
Really informative, thanks for sharing.

Have a great day.
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@blazing ·
$0.09
bitcoin cash going new heights
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@rehan12 ·
$0.09
Man it feels like we are in the two sides of seesaw riding with time !
Time will tell what is gonna happen .
I do feel safer with steem though ;)
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@dumitriu ·
$0.10
I think BCH will go hard up before corection.
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@zairawasim ·
$0.09
mind blowing bro......i just upvored you for your amazing post. i am totally impressed for your beautiful hard work.......i think one day you will be the top of the steemit blogger......go ahead bro.....
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@barca ·
$0.09
Outstanding post and narrative. Thank you for sharing!
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@sajib7 ·
$0.09
i strongly agree with your logic. thanks for sharing this valuable information with us
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@machhour ·
$0.09
Great thanks for sharing
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@brothermic ·
$0.09
very curious about these coins future :)
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@faisal79 ·
$0.09
damm this is increasing day by day,,,,,
bitcoin cash going new heights..../////././..././
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@minnowspower · 
This post has received a 100% upvote worth $0.08 from @minnowspower **thanks to: @theguruasia**

**MinnowsPower is not a bot, I am a Crowdfunding Hybrid**
One small **UpVote of Yours** build MinnowsPower and MinnowsPower will **Not Forget Your Support...!!!**
**(Limited Service Offer) Send 0.01 SBD and get $0.025 - $0.03 worth upvote from @MinnowsPower**
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@booster · 
<p>This post has received a 8.83 % upvote from @booster thanks to: @ulfr.</p>
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@nasir769 ·
$0.10
Informative post. thanks for sharing .
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@ulfr · 
@OriginalWorks
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@originalworks ·
originalworks
The @OriginalWorks bot has determined this post by @ulfr to be original material and upvoted(1.5%) it! 
<center>![ezgif.com-resize.gif](https://steemitimages.com/DQmaBi37A5oTnQ9NBLH8YU4jpvhhmFauyvgg3YRrEJwskM9/ezgif.com-resize.gif)</center> 

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