The Bitcoin Split

[Waites4N1]

So i am new to the forum, but i have been a long time view of all things linus. this is my first post and i'm not sure where or how i'm supposed to do this, but for anyone interested, and hopefully for Wan show 8/4/17, i wanted to let people know that Ars Technica has a new article available. it would seem that a faction has split off of Bitcoins main group and created Bitcoin cash. so now each bitcoin became 2 bitcoins completely individual from each other. so now i'm wondering what people think happened or what this might lead to. will the prices continue to increase in this cryptocurrency nightmare era or will this split signify discontent in the market and potential for things to start going down hill for this group and maybe others?

-Waites4N1

(link to Ars Technica article: https://arstechnica.com/tech-policy/2017/08/why-the-bitcoin-network-just-split-in-half-and-why-it-matters/ )

Edit: it also seems that it's a new way to combat the data limit for the transaction blocks. i am not very versed in Bitcoin functionality so i would love to see if anyone else has more information or what impact this might have on the market.

[Jito463]

Unfortunately, you were beaten by about 4 days.

 

 

[themctipers]

prices for mining has dropped a lot already, by like half or so

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we have other altcoins than bitcoin too.

etherum, zcash, whatever lbry mines, doge coin, litecoin, etc 

[Waites4N1]

ahh so there were other talking about it =D awesome. still couldn't search the forum properly so i couldn't find the other discussion. welp anyone interested lets jump over to the other ones and have some fun i guess.

 

Edit: but even after that other post this is a new article from Ars so its worth reading. its short, but now that the split is confirmed im still really curious if anything new or dramatic happened as a result.

[themctipers]

2 minutes ago, Waites4N1 said:

ahh so there were other talking about it =D awesome. still couldn't search the forum properly so i couldn't find the other discussion. welp anyone interested lets jump over to the other ones and have some fun i guess.

 

Edit: but even after that other post this is a new article from Ars so its worth reading. its short, but now that the split is confirmed im still really curious if anything new or dramatic happened as a result.

 

use it, we cannot see that post without that.