Bitcoin Forum

So, 13th of November is the Bitcoin Cash fork date. Are we getting a new coin or is it like the ETH fork where you get nothing?
I believe it will keep increasing or will stay high until that date, and then it may drop letting bitcoin to increase back its ATH levels.

I think this will temporary negatively impact bitcoin but long term I dont think it will cause many problems. I have no reason for my basis but it is something that I am actively hoping for not to happen. If the flippening does

happen and BCH takes over BTC then I guess we will see when the time comes, until then though I have hope and faith BTC will remain number one on the charts.

I don't care about the free coin or anything, I mostly care about the bitcoin core. The increase of bitcoin cash is just temporal as we only need to have one coin that should be supported by the community. If there hard forks will never stop, the crypto market will be divided with different alt coins. What I'm sure of this is that everything will be back to normal and bitcoin will be back again at the peak.

I think getting a new coin or not is not an important thing, because we see that the new coin also will not be useful if it is not in the market, which should be important in this case is bitcoin, not Bitcoin Cash or BTG. because I see that bitcoin until whenever will be the parent of all altcoin. and I believe that.

It's a fork that's supposed to repair the problem with mining difficulty in BCH network. You won't be getting a new coin as the current chain is vulnerable to mining abuse (switching). Once the new chain is made people will switch to it abandoning the old one.
You can't be 100% sure with these things but it's the most probable outcome.

wait.  What?  The cash fork happened  august 1st.

what fork are you referencing?  Did I miss something?  ???

They term it as a fork within the previously forked coin itself ;D ;D ;D.I think that its a soft fork and not a hard fork as thought by its holders.So,no free coins could be expected from this fork.So,it has nothing to do with bitcoin price.

Yes a soft fork happened and bitcoin cash existed. But, bitcoin cash is now forking itself. I mean there will be a fork inside bitcoin cash chain. It's really hard to predict the results of upcoming bitcoin cash fork.

I think the rising of bitcoincash is only temporary, if the hard fork of bitcoin cash will be ended, everything will be back to normal so as its bitcoin will rise again. We are not sure of bch if its permanently rise comparable to bitcoin that have been many time ago.

From my perspective, even though BCH and BTG have interesting propositions, it won`t hold long term.

Bitcoin has the huge advantage of being put to test multiple times and survived

lots on this forum dont have basic idea of crypto.

Interestingly, Jihan Wu said this (https://twitter.com/JihanWu/status/929436089172889600) earlier today on Twitter:

He is trolling us masterfully, it seems. The narrative heading into the Segwit2x fork was, "buy BTC to get your free fork coins, which you can sell for more BTC." Now it seems that the narrative is being applied to Bcash.

The fork is happening in a day or two. I don't think that their community is big enough for a split to be significant. Then again, the market cap of BCH is so high now that exchange customers may be clamoring for "free money." It's a weird situation.

I agree with you Sir. People panicking all over and worrying affects the bitcoin core. They should be supporting it more and more trying to shift to bcash.
I agree to your point that there should only be one coin. They are just alts. It will not last long. They are just like ETH. Bitcoin is still superior. 

The amazing  bitcoin cash price  $1300 3 days , i think a lots of people become richer , x3 investment and as soon as  whale will dump , i think  sell bitcoin cash is better while the price  increase $1500

What we have to understand is that a hard fork not always mean a fork between two different coins and creating coins at every fork, the fork really occurs when a new technology is implemented a new path is created or a fork when the old technology in this new adjustment either becomes a new something or simply dies with the old ledger since it has no support from the community, once there is an agreement inside the community which way is going to be followed. Apparently, that´s what is going to happen to the BCash, there were some tests to the proposed technology to be implemented and apparently a consensus. That is an expected and previously agreed upgrade.

Check here https://www.bitcoinabc.org/november

Bitcoin Cash fork Reasons to Lower Bitcoin's Prices Now the price of Bitcoin Cash in the Coin Market is very similar to 1989 US Dollar which is why Bitcoin's price is 5836 US Dollar.

Didn't knew about BCH fork either so will a new coin split be created from it? well that explains the price spike on Bitcoin Cash hopefully price will stabilize for BTC and other alt-coins after the fork is over.

I feel you! The last time I check there will be two forks of Bitcoin. The first one happened and the second one was cancelled and I don't know the reason why  ;D and then the forked Bitcoin Cash is now forking itself. I feel like being in the crypto world means we need to check every second to keep ourselves updated.

Well, for now it brought +150% and #1 trading volume on coinmarketcap which is surely not bad. I can see that probably some free bch coins were given and it caught attention of lots of people. I can see that it seems like the South Koreans are the ones who traded bch crazily yesterday and they still are. They got 70% of trading volume now!!! I can't find articles explaining such interest to bch as well as explanations what the fork is all about, though.

Just a note...everyone already probably knows this

but the value of my BTC and BCH combined for both chains...is pretty much the same as my BTC was a week ago...

which is fine with me

my only concern is the split will cause the price to half...because btc and/or bch will no longer look like a secure store of value...in now there are two (or many more)

so anyway, if my premise is correct it will bleed those people holding long-term to other alts

could get messy

Bitcoin Cash is Bitcoin's hard fork last August 17th this year so I think you got a wrong information regarding this but anyway but I just assume that today is Bitcoin Cash' pump day, LoL!
Nobody's predicted about Bitcoin Cash that's why people are simply mad with the event. South Korea doesn't made Bitcoin messy but they're just trying to see if Bitcoin Cash has a good future like Bitcoin.

That's unfortunate if you're only the lucky guy who knows what crypto is. Congratulations.
Bitcoin is affected by its first fork happened last August and people are very concerned what happens next so maybe you're the only one who knows what's next.

According to https://fork.lol/, Bcash is arounf ~60 more profitable than bitcoin. This is due to a multitude of factors bout will undoubtedly change after its network's upcoming fork. Jumping hashrate between the two will become harder to to the fork allowing the Bcash network to finally stabilize. Right now it's producing an average of around 40 blocks per hour due to its inability to adjust hashrate properly.

I think Bitcoin Cash madness is coming to an end, correction soon. Here's an article explaining Bitcoin Cash fork coming up in Nov 13th:
https://coincodex.com/article/1058/bitcoin-cash-fork-scheduled-for-november-13/

Hard fork is a software that is upgraded and has a new rule to the network that isn't compatible with the older one.For example a rule that allows block size to be 8G instead of 4G it would require a hard fork.Hard fork is an expansion of a rules.Nodes that continue running the old version can see the new transaction rules as invalid,So,switch to continue on the new chain and continue mining valid blocks,all of the nodes in the network should upgrade to the new rule.

cash jumped powerfully but already went correction

If bitcoin will do fork it keeps the bitcoin price up drastically but it does not happen then the bitcoin price goes down, now bitcoin cash will do the fork and make everyone crazy about it.

Yeah i bet you did. The previous fork gave free bitcoin cash. The upcoming hard fork is supposed to be launched by tomorrow. However, the CEO has put a stop to it because they realized instead of helping bitcoin it may divide the supporters. Here comes the miners who are eager to have that 2mb change in block size that says it will push through with the fork. Now everyone is waiting for tomorrow to know if the fork will happen or not. So brace yourself.

I was never looking for BCH so please sorry for such a newbie question. Are there some exchanges official statements about supporting this fork?

The fork bitcoin coin is having another fork. How did we get here in the first place. Isn't there any law in bitcoin code that should have prevented this kind of un healthy rivalry from happening. I believe we should abandon bch and let bitcoin core shine!

A win-win tactic is to attempt a coup in the market under the guise of attempting a pampa, which is done under the guise of a coup attempt. That is, it can very well be that the performance is not yet complete and in fact the attack on bitcoin continues. But in case it fails, everything will be exposed, as a large-scale pampas. On which, at the same time, the organizers will work well, first coming out at + 400%, and then going to the cue ball for 5000. It's also noteworthy that the organized Pump'n'Dump BCash began exactly on the Korean market on a day off when the Korean FSC Financial Services Commission - Commission for the Supervision of the Financial Sector of South Korea) simply does not work.

There will be another major dumping in bitcoin and bitcoin cash will pump. Either way after the fork, i know that bitcoin will recover soon. Congrats to all the trader who gain profit because of this fork. ;)

There is a certain amount of fork confusion:
Maybe there is an up to date fork primer.
I am one of the lucky ones who mined a few bitcoin in 2015 and I'm trying to get up to speed on what's going on.

Bitcoin hard forked into Bitcoin (BTC) and Bitcoin (BCH) cash in August.
There was a proposal to hard fork BTC again in November called Segwit2x. That fork was controversial and cancelled for now. The apparent major problem is a lack of "replay protection"
https://cointelegraph.com/explained/all-you-need-to-know-about-this-whole-segwit-vs-segwit2x-thing-explained
This leaves underlying problems in the BTC model. These problems were what caused the original BCH fork.
https://cointelegraph.com/news/lightning-must-strike-soon-bitcoin-facing-backlogs-as-scalability-solution-awaited

BCH has problems of its own - so that is leading to the "November fork". This is apparently a hard fork.
https://www.bitcoinabc.org/november
https://www.cryptocoinsnews.com/bitcoin-abc-proposes-hard-fork-to-stabilize-bitcoin-cash-mining-difficulty/

I'm digging into this because I never bothered to collect my BCH coins. Looks like I want to do that now!!!  ;D

I think you only get a free coin if the exchanges that has Bitcoin Cash support the fork but if not then I don't think you get anything out of the fork. I haven't read anything about the said fork so most likely no one is getting out of it.

lol....

so if BCH hard forks and you have NOT moved your BCH from your BTC wallet yet....you are out of luck?  I doubt a fork of BCH is gonna apply all the way back to
you not moved BCH from your original BTC wallet snapshot...

this paper profits game on forks is getting weird

I mean BTG is at $255 USD now....so hell, we are gonna have 4 dozen forked coins off of BTC/BCH/or whatever flavor of BTC by the end of the year..if any new forked alt
can launch at over $1 rather than at less than 1c with the traditional way to make ALTS...hell, even ICO's would not be worth the hassle and supposed gov't regulation
if this the case

it is gonna get fork stupid IMHO

Charles Hayter, co-founder of crypto exchange service CryptoCompare, for example, noted that he believes consumers may be misled by the option to choose between two competing coins – and he wasn't alone.
"In the long term, these two variants will cause confusion with their similar naming which no doubt will cause some problems," he said. Because of issues like these, and others perhaps unforeseen, Van der Chijs said he expects the combined price of bitcoin and Bitcoin Cash to fall below $2,700, the average recent price of bitcoin as observed on the CoinDesk Bitcoin Price Index (BPI). Kevin Zhou, operator of crypto hedge fund Galois Capital, responded similarly, arguing that he believes the fork will be "lopsided" in how it allocates the underlying network effect between the two competing technologies.

Well it looks like that people did not understood this when they massively bought Bitcoin Cash. They probably hoped to get some free coin, but it will not be the case in fact.

YEP! Whales score! BTC Walk of Shame! (damn if this whole BCH thing did not work.....selling out at 2.4k was probably glorious on buys of 300 or less) :)

 it was a pump and dump to begin with.....they never expected BCH to take over the network..they simply used BCH to show how they
could mess up bitcoin BTC transaction speeds and back it up..to show the need for bigger blocks (in their view) and take advantage of segwit2x not going thru and bitcoin
classic going away

Hell , Jihan Wu (bitmain) has been accumulating BCH for awhile now...only taking BCH for his equip...these guys are the reason BTC has come shooting back in price..that and
other whales

THEY NEVER WERE GONNA RISK BLOWING UP THE CASH COW OF BITCOIN BTC.....

this was just a common pump and dump that whales commonly use on ALT coins...and by pushing the fork and big block size etc..the made the conditions to benifit from BTC proper
like an ALT pump

sorry to say, seems BTC got 'rolled in the hay' by her big 'suitors' slam/bam thank you ma'am ... don't let the door hit you on the ass on the walk of shame through the bitcoin frat....clothes in hand....

(live and learn ..even the great BTC can be pumped and dumped with enough whale action ..at an epic scale)

well played, well played indeed ji juan (bitmain: where evil never sleeps) (tm bitmain)




http://i0.kym-cdn.com/photos/images/newsfeed/000/643/918/c99.jpg


(hubba, hubba...BTC you wanton ...well you know...always full of surprises) :)

The upcoming fork of Bitcoin Cash is a planned event and it is aimed at changing the existing rules in Bitcoin Cash network. The new coins, as well as the separation of the block into several separate chains are not foreseen.
This event only may not affect BTC, but the other factors have their influence.

The only effect of Bitcoin Cash to Bitcoin is when a large scale crypto miners were leaving Bitcoin and mining Bitcoin Cash to pump up the value then suddenly there's a lot of investments into Bitcoin Cash as of last week but today Bitcoin Cash value is decreasing so even intentionally driven Bitcoin Cash value rising isn't enough just to credit miners for their sudden rise but also needs more efforts and marketing that proves Bitcoin Cash have a potential to compete Bitcoin's value despite of negative trust from the cryptocurrency enthusiasts.

'BCH Fork' sounds so silly, what are they gonna do more? Another pumping oppurtunity for traders, nothing more! After that we'll watch the biggest dump ever guys, keep away the newbies!

So, its already November 14th and nothing on the news. What happened to the BCash fork thing?

IMO this is a coin that will effect the cryptoworld for a short period of time. Some of us would like to see another Altcoin compete with Bitcoin but that's just high hopes on my behalf.
Whatever the case, the fact remains that Bitcoin is a coin to be reckoned with and will continue to prevail above all other coins for a long time coming.

I can only guess and even foresee one thing: most of those guys who keep Bitcoin Cash on their wallets will not rest on November 13-14th. Now this altcoin has shown it growth, but will it cost over the maximum sum he reached on November, 12th?
However, we will not get the new coin.  :-\

This time Bitcoin Cash fork will not bring cryptocurrency fans any new coin. Suppose, these days BTC will slowly grow further, and Bitcoin Cash might decrease. People were buying this alt as they were probably indenting to get new coin for free. It won’t happen.

That's pretty much obvious, sometimes bitcoin need a competitors for a healthy cryptocurrency ecosystem and here it comes, BCH supported by millionaires who making fortune from bitcoin.
Both are trying to competes, BCH in the other hand, always spreading their so called "benefits" of using BCH compared BTC in order to bring majority of capitals which inside of bitcoin's market to BCH.
But, unfortunately, all those efforts seem to be unexpectedly failed, people choose to return their investment to BTC after the downfall of BCH's bubble in recent times ago.

im not so sure about some of the comments.
Look at Bitcoin today its climbing back steadily
and will rise over $7000 by the end of the week.

Ok Bitcoin Cash seems to have stabilised for a
while at around $1200 but its not going to have
a long term affect on BTC IMO.

This is not bitcoin fork into bitcoin cash that already happened. This is Bitcoin cash on its own forking as a result of an upgrade to fix some mining problem. So in one way, you did not miss anything and in the other way, you have only missed the news about the Bitcoin Cash upgrade (probably I would just call it that instead), since looking at the thread, most people see forks now as something that would give them free coins.

Not very sure yet what is going on within the BCH community, but from what I can gather, the fork should be an upgrade which I do not think anyone so far is against.

So, this should not really bring about any new coin as it is only going to be fixing some problems. All the abobe, we should not be encouraging forks because of free coins but instead look forward to it as something that should benefit the ecosystem from the upgrades. Who cares about BCH anyway? We should look forward to making bitcoin core more usable.

any coin start with give users free coins is a coin with dark future like we see with BTG , 2x