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· 10d
Noob here. Can someone explain why BCH is going the opposite direction of BTC? arent they supposed to go the same direction?
The goal of BCH is to be p2p money for the world. BTC and its speculation driven valuation is completely irrelevant.
replied · 10d
You should go to read the BCH roadmap and you will understand it
replied · 10d
...BTC wants to be the speculators heaven, relays on ETFs being approved, so more speculators can get in the game...
replied · 10d
BTC has become a pure speculation coin. BCH has remained peer to peer electronic cash. More and more people realize this.
replied · 10d
BTC want to be store of value, medium of exchange and finally unit of account/global money. BCH is a clone that tries to hijack the brand.
The BTC-BCH split happened because of what BCH community sees as hostile takeover of BTC (see https://tinyurl.com/y5ultpbw). Therefore, they are supposed to go in different directions
replied · 10d
ETF got delayed once more, BTC price goes down.
replied · 10d
...BCH's goal is to be currency, so more people can actually use it.
replied · 10d
Why same direction? They are different coins, with different goals...