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11775625 No.11775625 [Reply] [Original]

I dont understand this Bitcoin cash stuff. Somebody explain to me in retard language.

Why can I still trade bitcoin cash?
Why is there only bitcoin cash abc/sv derivates and not accual coins?

>> No.11775676

Network is unstable, exchanges would lose a lot of money from potential double spend

>> No.11775684

>>11775625

Imagine there's a straight road used by drivers everyday. The road is constantly being built by workers who agree that the road should continue expanding in length.

One day, 51% of the workers decide that the road should split in two, and since they hold the majority vote, the road splits in two.

This is known as a hard fork.

>> No.11775688

>>11775625
what the fuck is bitcoin cash?
i only know about satoshis vision coin and abcuck coin.

>> No.11775708

>>11775625
Who really gives a shit about bcash apart from a handful of millionaires trying to have an ego-driven public dick waving contest?

BTC is Bitcoin. That's all you need to know.

>> No.11775721

>>11775688
Until it splits again, and again, and again, because splitting is what makes their owners rich.

>> No.11775787

>>11775684
And if the other 49% don't work no more on the new road, you just get a shittier new road, built by half the initial team.
51%ers are ABC though.

>> No.11775802

>>11775625
basically, buy link

>> No.11775986

>>11775708
It's like any sports event really. You know both sides will get millions, but you still bet few hundred and cheer for one side.