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Thursday, December 21, 2017

Bitcoin will have another fork after Bitcoin Cash.

Quote:

Hong Kong-based digital currency exchange Bitfinex said a group of bitcoin miners would be "forking" from the main bitcoin to create a new version that trades faster and more easily. 

End Quote.

New forks and new cryptocurrencies will cannibalize themselves and cause the decimation of such pseudo monies.  The danger is lurking now!

1 comment:

Eric Ho said...

https://www.bloomberg.com/news/articles/2018-01-03/bitcoin-loses-some-dazzle-as-second-tier-crypto-coins-catch-up

The cannibalization has started as we predicted!