Why you must own Bitcoin money and what is the background
Dear Steemians,
Two days agone Bitcoin money passed Ethereum for the primary time in market capitalisation.
Background is that the failure of SegWit2x. With SegWit2x BCH would are quite useless.... however you all recognize SegWit2x wasn't attending to happen.
Who is finance in Bitcoin money ?
Well, we all know that sure whales like Roger Ver ar supporting BCH.
He stirred all of his BTC ... 250K to Bitfinex. Well, if somebody sells such Associate in Nursing quantity of BTC and buys BCH you may most likely notice that.
Other analysts tell North American nation that the Chinese ar supporting BCH still as a result of they have low dealing prices.
So we've extremely mighty whales UN agency wish BCH to become the "real and only" Bitcoin.
The supporters of BTC
Well, in fact there {are also|also ar|are} terribly mighty whales UN agency are supporting BTC.
One vital supporter is Bank of Japan governor Kuroda
Bildschirmfoto 2017-11-14 um twenty one.32.39.png
He doesn't see any downside with cryptocurrencies at the instant.
While Kuroda isn't optimistic for his decree currency Yen the least bit.
Remarkable comments in the week in metropolis by Kuroda!
And we recognize in fact some investment company managers UN agency also are overtly supporting BTC.
Conclusion
There ar mighty whales fighting on the one hand for BTC and on the opposite hand for BCH.
Who can win ?
Well, no one is aware of the long run. however one factor is for sure:
If you simply own BTC and NOT BCH, then you are taking a high risk.
Because BCH might win at the top.
So wherever is that the downside to have BTC and BCH ?
Your investment in cryptos can become plenty safer if you own each.
If one amongst them can die, most likely the investments can flow into the opposite Bitcoin and also the value can rise.
So, if you simply own BTC at once you must extremely admit shopping for some BCH at this time...
You can sleep plenty higher by doing that.
hiveblocks