learning a lot. After understanding the fork more clearly I’m thinking of moving what I’ve got in BTC over to BCH.
I want to do it because BCH seems more ethical than BTC and BCH seems to follow the solution which was put in place by the developers in the early days.
I don’t have any friend who I can rap with about crypto so I just want to ask if my basic idea is sound?
Your basic idea is sound.
That is why most of us are here. That being said, asking a bunch of Bitcoin Cash fans if they like BCH will only have 1 outcome. :D
I hear what you’re saying but a lot of ppl balance between all these coins but I’m thinking of it like actually a kind of money now instead of when I got into it as a wealth store hoping for the next spike which was my initial understanding when moving into this space.
If you want to get rich quick all the pump and dump meme coins that are here for 15 minutes is the way to go assuming you can time the market and not end up holding a bag. If you are more interested in new money for the world that anyone anywhere can use, not limited by fees or full blocks with optional really strong privacy, then you are in the right place.
Cheers. I’ve already made a lot of mistakes but now I’ve got a different idea. Preferably I’d like to grow through the DeFi chains like ETH and SOL and make that all above board etc but BCH as where it comes back to as spending or money. I can see the problem getting it into fiat but I don’t have the mental speed for the token stuff yet.
Feel free to ask any questions you might have.
Thanks, I appreciate that, although I wouldn’t want to ask all these newbie questions here. 😅
I have a discord channel for just newbie questions if that is better for you, https://discord.gg/NK3fRwEv but here is also fine.
Cool. I’ll link up.
This is a BCH chat so of course people will say yes
BCH is rapidly improving to become a serious defi competitor too which is good news
I’m still learning a lot.
Welcome. You might find that you're far more open to using and spending your BCH as that's what it's great for.
Hijacking Bitcoin by Roger Ver is a good read too if you haven't already, will take you back in time to why we have BCH today and the type of hostile change BTC took.
I think I watched a podcast with him recently. I’m going to read the book.
I will send you educational sources material
Haha, well those who don't will probably get banned from the price talk.
There is no guarrantee that BCH will ever beat BTC. We are the more fair, more honest, and more usable chain, and that's hard fact. But as in life, the good rarely wins over manipulative evil. This is because of ignorance of the majority. As someone said years ago, "the only thing necessary for the evil to win, is for the regular people to do nothing." So, if nothing happens (and most of the time, nothing happens), you are better to hedge your bets, by holding both BTC and BCH in 1:10 ratio. For example, if you own 1 BTC, also buy 10 BCH, so you're good if either one wins out in the end.
You are not banned. You are muted due to your Eeyore complex that you yourself admitted you take out on other people.
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