@SheriU, And I really don't think that either of these upcoming BTC forks will be worth much. For me BCH is the real Bitcoin and I think China feels the same.
SheriU
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@astrologychick, bitcoingold i hear is like an airdrop that won't be worth much initially ... 2x will take market share $ and could be the one that survives if it's the one miners support ... in the end the miners will decide I guess..
astrologychick
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@SheriU, Yeah, I'm sure that's a valid point, and even Bitcoin.com is going to call the S2X coin BTC... I expect it will have to be confusing. The one that will hold the value will be the one that retains the status as the reserve currency of crypto and the BCH symbol. So that decision will be in the hands of the exchanges, and so far they have been silent on the issue. Right now, the main real-world value of BTC is in it's usefulness on the exchanges for traders etc. The idea of BTC as money is an entirely different issue and is one that has still not been resolved. This is where i believe BCH can take the lead with it's code and mass adoptability.
The real issues for me are the code problems with both SegWit coins. Also, for me as an Astrologer the August Eclipse supports Bitcoin Cash and none of these others.
SheriU
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@astrologychick, intuitively I feel the same. I now may very well be the time to place positions and allow the forces to do the rest :).
astrologychick
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@SheriU, I already bought in pretty heavily, first when BCH came out and I got 11-1 on my BTC and then again a couple of times when it was around .13 - but I am not a trader and didn't realize it might come down this far. I have my biggest position here at this point.
Tradingstrategyguides
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@SheriU, Thankyou for your comments, your conversation has be very educational.
SheriU
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@Tradingstrategyguides, I have placed my positions and I’m no longer looking at my portfolio. Instead I’m out enjoying life. I hope to take a peek from time to time through these forums :) if we look back at the history of the top 5-10 coins the prices are usually unrecognisable after mere months ... people are less excited about ico’s... that’s a good thing