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RE: Bitcoin Cash/ABC/unlimited/BCC/BCH/fBTC - why not?

in #bitcoin • 7 years ago (edited)

I agree with numbers and your long term estimate of fBTC/BTC rate, except the statement about the difference in value backing both coins - in terms of traditionally understood "value" it seems to be the same and it's zero.

7 years ago in #bitcoin by
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     7 years ago 

    If we use only hashing power that keep coin secure, and 100% of BTC price as 100% BTC hashing power - this coin having 5% of BTC hashing power should be at 5% level of BTC price.
    If we add any other factor as POS or markets we can use this new coin - its value is under 1% of BTC.

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       7 years ago 

      Your numbers add up. No problem there, but the market seems to be a bit random so we shall see...

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