RE: The Coming Bitcoin “Pitch Fork”
If Bitcoin Cash (BCC) forks a new implementation of Bitcoin Segwit (BTC) and Bitcoin United (BTC-U) follows suit, all three will be making identical arguments of legitimacy, forcing us to wind up with only one Bitcoin when the dust settles.
It will either by reductio ad absurdum
(a) reinforce the legitimacy of one of the self-elected BTC, leading to a United Bitcoin.
(b) or it will reinforce the idea that the best implementation should prevail leading to Bitcoin United.
Note that
Ethereum Classic (ETC) is analogous to BTC
Ethereum (ETH) is the new BCC or BTC-U.
So who ultimately wins depends on the market not any argument about preserving a design or operating philosophy or some inherited sovereign right of a particular group.
And it is possible for multiple winners. Holding ETC is nothing to sneeze at.
'There is no fork' Neo
that's only in the movie ... in real life ... people will get forked :)
Okay, so let me get this straight. @Stan is confident Bitcoin will pitchfork into not two but three different currencies? That being said these three currencies are BTC, BTC-U and, BCC. Also @Stan says @BTC-U's launch will be an incredible opportunity to buy up high value coins on the cheap like the early days of Bitcoin when it was available for pennies.
I myself think it's to early to talk buying strategies when no fork has been confirmed.
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Divided It Falls.