5 comments
Did you give him 1 cent by upvoting on that article? He would really like that, I hear!
Did you give him 1 cent by upvoting on that article? He would really like that, I hear!
is it too much work to play mount as well?!
is it too much work to play mount as well?!
Here's my prediction:
Free money doesn't exist. BCH didn't create it's market cap out of thin air just by changing a variable, it came from people taking from their already-existing money to buy BCH out of pocket. If nobody had any spare money they could use to buy BCH, then BCH would have started at 0 and never gone anywhere.
As these forks progress, they will be less and less exciting. People were pumped up and emotional about the BCH split, because it was the product of a years long scaling debate. Supporters saw themselves as fighting the centralized Core dev team, and keeping bitcoin pure to Satoshi's vision. That's why they were willing to buy BCH, thus, giving it demand.
These next two forks don't have that. There's no demand, people aren't going to want to move any disposable income into it, and it's going to start and end at around 0.
Eventually, you can expect these forks to be worthless to the point where people don't bother doing them. Then when there hasn't been a fork in a while, people get all excited about it, and we get another BCH. And the cycle continues.