Bitcoin : Is today the day to buy more bitcoin
I have been a fence sitter. When the fork happened last year my general stance was that bitcoin would continue and bitcoin cash would eventually go to zero.
I rationalized not being greedy and keeping both splits with the bitcoin cash being an insurance in case a miscalculation had been made in scaling.
I’m seriously thinking to flip that cash for some more bitcoin. I’ve felt that figures involved in bitcoin cash scene pretty scummy for while now but the main reasons are recent reports on hash rates and holdings.
I want these things:
1) is it true that the bitcoin cash hash rate is declining whilst bitcoins has been massively expanding?
2) is it true that bitmain holds a million bitcoin cash and only 22,000 bitcoin? If it is true then bitcoin cash price is definitely being propped up and it’s currency (never mind its network) is not well distributed.
3) bitcoin cash is now at close to its lowest valuation vs bitcoin since it received major exchange listings.
If people can refer me to good sources to verify these points I would be grateful.
Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
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