Bitcoin Classic has confirmed that it is closing as developers claim that Bitcoin Cash (BCH) will become the "Bitcoin" by May 2018. In an official statement on Thursday, launch manager Tom Zander praised BCH and said that Bitcoin Classic "has kept its promise". "Now it's up to you to decide which chain will win the most bang.
Now it's up to the next billion people to start using Bitcoin Cash. At the most, six months, I'm sure we'll throw away "Cash" and call it just "Bitcoin", stated on the rule that if Bitcoin's fork exceeds Bicoin's value, the fork becomes Bitcoin. The BCH rose in price by more than 50 percent in 24 hours, before a new fork set for November 13, reaching its highest value almost since it debuted.
After the apparent fall of SegWit2x, the funds seem to be flowing into Bitcoin's rival fork as investors surround bets on a duplicate chain. "The fact that the Bitcoin Core chain is stuck at 1 MB, and will probably be so forever, confirms the viability of the Bitcoin Cash chain. Now the market will decide, "added Zander.
Until the hard fork news, BCH had maintained a position far beyond the significant advertising efforts led by Bitcoin.com's Roger Ver.
More facts: Facts or Speculations?
Now additional public support comes from celebrities from the crypto-coin world, including Rick Falkvinge, founder of the Finnish Pirate Party and regulatory commentator. With recent developments, I am focusing all my software efforts on Bitcoin Cash. And I think I'm far from alone, says Rick Falkvinge. See also this week also confirmed that Bitcoin.com would only defend and trade on BCH.
Moreover: On Bitmaim's website, Bitcoin's main mining supplier in the world, there is a payment note saying that it only accepts Bicoin Cash.
There is a lot of noise in the community of criptomoedas: Is it even that Bitcoin Cash can replace Bitcoin? BCH enthusiasts are optimistic and exalt the very low rates and confirmation speed of transactions.
Now it's up to the next billion people to start using Bitcoin Cash. At the most, six months, I'm sure we'll throw away "Cash" and call it just "Bitcoin", stated on the rule that if Bitcoin's fork exceeds Bicoin's value, the fork becomes Bitcoin. The BCH rose in price by more than 50 percent in 24 hours, before a new fork set for November 13, reaching its highest value almost since it debuted.
After the apparent fall of SegWit2x, the funds seem to be flowing into Bitcoin's rival fork as investors surround bets on a duplicate chain. "The fact that the Bitcoin Core chain is stuck at 1 MB, and will probably be so forever, confirms the viability of the Bitcoin Cash chain. Now the market will decide, "added Zander.
Until the hard fork news, BCH had maintained a position far beyond the significant advertising efforts led by Bitcoin.com's Roger Ver.
More facts: Facts or Speculations?
Now additional public support comes from celebrities from the crypto-coin world, including Rick Falkvinge, founder of the Finnish Pirate Party and regulatory commentator. With recent developments, I am focusing all my software efforts on Bitcoin Cash. And I think I'm far from alone, says Rick Falkvinge. See also this week also confirmed that Bitcoin.com would only defend and trade on BCH.
Moreover: On Bitmaim's website, Bitcoin's main mining supplier in the world, there is a payment note saying that it only accepts Bicoin Cash.
There is a lot of noise in the community of criptomoedas: Is it even that Bitcoin Cash can replace Bitcoin? BCH enthusiasts are optimistic and exalt the very low rates and confirmation speed of transactions.