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What defines anything? You could spend a lifetime on this problem. Bitcoin has a continuity in price, in name, in code, in software, all the way back to when
by blhack 9y ago
What defines anything? You could spend a lifetime on this problem.
Bitcoin has a continuity in price, in name, in code, in software, all the way back to when people first started talking about it in 2009.
The idea that bcash is and always has been bitcoin is betrayed by the simple fact that there isn't a continuity in price back to the genesis.
- kbwt 9y agoAnd that continuity can split and move back-and-forth between forks, as they gain or lose support. The sum of XBT+BCH price on exchanges fluctuated less than either coin alone.
- blhack 9y agoAre you trying to say that the price of bitcoin crashed from ~$3000 to ~$300 immediately on August 1st 2017, and that coincidentally at the same time, a brand new asset appeared that had the same price that bitcoin did a few seconds earlier? That's just absolutely absurd.
- Alex3917 9y ago> That's just absolutely absurd. If you run a website and your database gets pwned by hackers, do you just give up and say oh well, I guess the pwned version is the real version now? No, you restore from a backup, and if that involves recreating some of your integrations with third-party providers then so be it.
- chii 9y agoexcept that it's not hackers, but somebody else claiming to own the website.
- kbwt 9y agoIt split into ~$2700 plus ~$300. Not sure what the exact numbers were, but there was a clear pattern of one falling as the other rose, and same thing the other way around.