Bitcoin Forum

I read the news about Bitcoin Cash that will do Hardfork this month and as I have seen it will happen on the 15th. Before this time Hardfork I have tried to take part in it like BCH, BTG, Ignis, even this new one happened that is ANON and from the Hardfork there are those that give advantages and disadvantages, how do you think about Hardfork this time? Does it have good potential for profit?
Your answer will be highly appreciated.

I’m not sure why all the projects are all interested in forks this time around
Because for me the hardfork is too push prices up a lot higher and when the hardfork is completed, the coin goes down in price

Just my thoughts, but I like hardfork
I do it my own way, and quit at the right time

It doesn't have a good potential consider the next hardfork of bitcoin cash will generate the two coins and they called bitcoin SV and bitcoin ABC. That's the worst hardfork because we know that the creation of hardfork coin caused by the greediness of politician in the crypto just like roger ver and craight wright.

I am not agaist in bch as alternative coins and happy for BCH increase their price in the market like a rocket
This hardfork is only for bitcoin cash decision i don't thing that altcoins have affected on this fork
Hope this hard have good result form the cryptocurrency

I personnaly don't like hardfork as they are mostly used to pump a coin artificially so the team can dump some coins at a higher price to get some funds. And the coins usually get dumped very hard after that and can go lower than the price at what they started. Just look at hardforks of ZCL and what it happened after the hardforks. It is an easy way for the team to get more funds. But sometimes it doesn't work if there is too much hardfork just to pump the price of a coin.

It can give good potential profit mostly to the BCH holders and bagholding it like Bitmain. They are doing this to retain their losses and can recover from the big loss that they made for this year but as usual this coin is still useless after the fork.

Although at the moment whole market is being in downward trend but I think this hardfork will make price of Bitcoin Cash rise a lot. No matter how many traps the whales made, no matter downward trend is happening, as long as cryptocurrency created from upcoming hardfork is good enough, it'll help price of Bitcoin Cash rise like crazy for sure :).

That's right, I hope this will have a positive impact on the market, not only for BitcoinCash but for all altcoins.

I think that like most hardforks it's just another money grab, people will dump the new coin and move any profits back in to bitcoin cash or some other coin that's actually worth holding. Only one fork has really ever been successful and that was bitcoin cash.

What have I ever thought about hardforks? That they are just excuses to make free money. Bitcoin Cash proved it. And now they are proving it again. Anyone who thinks that they are honestly trying to save blockchain or Bitcoin,,, better take a good hard look at the BCH guys. Corporate faces and mega event appearing. You do not see this with the diligent Bitcoin developers who truly actually care about the network,,,

you are a little bit late for profit making!

usually when there is an altcoin fork that creates a separate blockchain which practically does an airdrop the main altcoin gets pumped but that pump happens when the hype is still young. and this hype has been going on for a while and the pump has happened too. it will probably continue to happen a little more but nonetheless you are late which means you will be taking a bigger risk buying BCH for the airdrop.

The coin is at a good place in terms of capitalization and think that it is all hearsay and grew up to be. My opinion is that you can invest in the short term, but once again this is only my decision.

Make no mistake and look no further than BCH. The fork will have no impact in any other altcoin other Bitcoin Cash as can be seen already. Since the fork was announced, BCH has seen considerable price increase in isolation of other coins

Ask yourself why forks are made, and then you will understand the main goal. Of course, this increase in demand and a possible increase in prices due to new investments. And it will definitely not affect other coins.

Seeing the price of bitcoin cash a few days ago is very impressive, has increased to several percent in just a few hours, this indicates that every time a hardfork will occur will benefit someone who has bitcoin cash. Especially when hardfork happens to coins that have high prices like bitcoin cash, so that later when hardfork is finished, everyone who holds a bitcoin cash will get a profit.

BCH is one coin that attracts all kinds of reactions in the crypto community. On one hand, there are those that swear by it being the real bitcoin. On the other hand, there are those who are fond of calling it a centralized scam. Now on hardfork disagreement regarding said upgrade, many expect the event to lead to another code split. The disagreement arose between Craig Wright’s nChain and Amaury Séchet’s Bitcoin ABC. nChain believes that the upgrade will bring inappropriate changes to BCH and that they will not fit the original version of the protocol.

Regardless of the merits or potential of BCH itself, the hard fork will cause prices to rise. Arguably this has already happened, because the time to get in is at the early rumour stage. Prices are low at that point because nothing has been confirmed or widely accepted, and the low price reflects the high level of risk. Once a hard fork has become confirmed news, it is often too late to buy in as the price rise has already occurred.

I am not sure of that, because some of the previous forks did not always end well at the price of even many who regretted taking the opportunity to get a free coin from a fork. But there is always the possibility to be able to get a profit, I suggest if you want to take part in it, then do research on potential in detail.

I don't want to speculate that this hardfork has good potential. If you are not late and buy before the pump starts, then you can get a profit, but sometimes there are also many people who are trapped in this hardfork and give a high enough loss.

Checking the fork, you'll see that there's already a debate between SV, ABC and unlimited.

You said about those people that are trapped after the fork, better for them if they are quick and monitoring the market 24/7 so they can do what's right accordingly. I was trapped before for FOMOing but I'm not going to do it anymore.

Will there be bitcoin SV and bitcoin ABC pump up after the fork?
I think that the rivalry between two teams can lead to short-term growth of coins and investors will be able to take profits.

If the hardfork generate 2 new coins, the value of the coin should be divide by 3. Except if there is 3 times more investors. No? But with the current market, i doubt that there is 3 times more money coming into BCH. Hardforks are useless.

Considering that this hardfork will divide the supporters, in my opinion it would help depreciate the value of the original coin in due time, although it will pump, but its a short term. Day by day, many coins are introduced creating the market unstable. I like hardfork too, but i dont participate in it.

pump and dump coins never have any "supporters" to want to lose it now. all they have is pumpers and traders and newbies who join in the pump and dumps. and because of that they will never lose them. the only thing that happens is that some people in this process become richer and some poor souls become poorer when they get dumped on.

Definitely there's a good chance to make a lot of profits. And I'm sure that Bitcoin Cash proponent has this in mind that's why they keep on forking it. The only issue here is that after the fork and the pump, what will happen? Is the price sustainable? I'm sure that you know the answer to that because Bitcoin Cash never had the chance to regain its price and seems to be struggling just like the rest of the altcoins.

If you know what you're doing, then take advantage of the situation, but just be careful because this growth will not be sustainable. So take as much profit as you can, don't be greedy and have a good exit plan.

it might be prepare for future use.. to accommodate more funding in future, bitmain might not want BCH price go too high.

I think it's normal :). I don't think it's bad maybe it'll bring good effects to crypto market at this terrible period. As I can see 2 new cryptocurrencies are available on Coinmarketcap and both their trading volume and price are very high at the moment. Seem like these new cryptocurrencies will make this crypto market better although just a little bit.

Bitcoin cash has many holders, and might most Bitcoin Cash holders are bitcoin users too. Just have a little confidence if bitcoin users are bitcoin cash and now there is a bitcoin cash hardfork. I'm sure later the results from Hardfork will have a value that is slightly same as Bitcoin Cash. I only look at the bitcoin cash user side, and that is a belief that will make it real, we will see it later.

It all depends on how much of the bitcoin cash you can hold in the exchanges or wallet that support the hardfork.  Remember that it is this way that other people really makes money in 2017 August when bitcoin core separated with bitcoin cash.  We just need to play smart and make some Money from the market.  Trading is a game and investing in the coins that is about to fork in other to get share of the new coins is wisdom as it is not much risk except there is a replay.
I don't see that we should expect much pump from this as the market has been down for quite some time now and hardfork don't move the market that much.  We should endeavour to play safe and reduce risk as possible.

Most whales tends to it that way so that they could get the profit from the people who came in rushing just to invest and then they would suddenly dump it as a result the price will slowly goes down. It is better if you ride the flow so that you could also get your profit if you have invested in it. Though i like hardfork but when it's done it will all pile up again and stack.

When we do talk about hardfork then talking of potential income is really very plausible.Just like what happened on BCH and ETC where people do accumulate
up coin as much as they can because they know they can able to take advantage on receiving forked coin after the event of splitting.

No one knows. I think what will happen, one of them will excel and supported by the community and the other one will be dumped forever.
Expect that to happen.

Any hard fork is basically free money no matter the amount. You get some free coins just due to the fact that you were in possession of the original coins in the required block and that is it.

Good day. BCH hardfork will benefit the BCH holders. They could sold those coins after. Well if I had funds now I'll buy BCH. I can recover the money after. I don't see these hardforks as bad. As long as you know how to play the game. Its been going on for a few years since I started cryptocurrency.

I have ignored this news, I prefer to buy convincing coins. hardfork has a bad side that can't be forgotten and I avoid it. no hardfork is better, for me it's like a trap.
everyone has a different view, different analysis. do the best in your trade.