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RE: Only 12 Bitcoin Cash blocks have been mined since the hard fork.

in #cryptocurrency7 years ago (edited)

Wow!!! I was trying to find the coins starting with Bitcoin on coinmarketcap.com but was only able to find the following while typing it in search;

Also I tried sorting by name but got the following;

I guess coins created with the name Bitcoin will create confusions for many new investors damaging Bitcoin's image. This is all because of the opportunists focusing just on their greed. That's one of the disadvantage of decentralization to exploit the goodwill/credibility of an established coin to create another altcoin with some minor changes.
Though I get free coins I don't support what's happening in the community.

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I don't think there'll be any confusion as long as any new altcoin is not named bitcoin with different abbreviation

yes! that is why they change BCC to BCH because there was an existing bitconnect which BCC also.. the more the merreir bring it on cryptosss.....

Yeah! Forking Bitcoin with such media attention is a big thing. They could have at least verified it against some valid source. Even a normal individual in crypto knows the top 10 to 15 coins on coincapmarket in which BCC was already listed. I am not criticizing but that is unpolished way of doing things. Though I have my free coins; not yet decided what to do with it.

First of all you can't have the same name and the abbreviation. That doesn't mean new investors who are not as savvy as us (I suppose) in cryptos won't be confused. Even the logo they are using is the same with a tilted "B". You kidding me; that's dumb. Yes there is some difference but it is as confusing as to find the difference between a lime and a lemon with eyes shut to a new person.