a lot more.
so far there has been a lot of them already (about 600 or so) and there will be a lot more.
the forks of BCH type where they also use the blockchain, will also gain popularity in the near future and there will probably be a couple of hundred of those too.

the value of bitcoin will not change. it will continue as it was before, being adopted and growing.
the "child coins" will remain as altcoins, most of which useless.

there may be some sell pressure temporarily on bitcoin only if these "child coins" didn't have a way of dumping them directly to fiat. but they have had that option so far so that effect is also non-existent.

you can not.
bitcoin is open source and the license of it allows anyone to freely use that code however they wish. and it is actually a good thing that they keep forking bitcoin, it proves how strong bitcoin is and how shitty all these nonsense forks are.

i predicted above, at least 100 more like BCH fork and like before other normal forks will be a lot more too.

i always find it pretty funny how some people try so hard to justify their stupid FUD

with dumb reasons:

Your big daddy Dimon tried this recently and we all saw the reason why. you are not even trying as hard


the only way bitcoin can collapse is if its users start acting stupidly and give in to changes that ruin bitcoin (like forks). so far this has not happened hence there is no reason for any collapse. all your banks, governments, regulations, ... are making useless noise.

stop giving weird names to bitcoin!
it is not core bitcoin, it is not bitcoin core, or anything else it is simply bitcoin it doesn't have any trailing names to it!

bitcoin has been forked at least 600 times and that many altcoins have been spawned from it. some of which did airdrops to bitcoin holders. it doesn't make bitcoin more or less valuable than it is. the value of bitcoin comes from its usage and adoption. mostly from being a currency.

some of these forks last for a short time though!
for example BitCore (if i am not mistaken) airdrop will end by the end of this month and they distribute the remainder of the airdrop somehow among the existing users.

people who spend bitcoin spend it for other reasons not just for getting a discount and they are getting a discount 100% sure if they have bought bitcoin more than a couple of months ago or most probably even if they have bought 2 days ago!
for example you could have bought bitcoin at $3000 and now spend it at $4800 (that is your discount!)

a falling market never lasts long! there are short periods where price falls a little and recovers just as fast.

in any case you are focusing too much on the price. in reality the merchants who are accepting bitcoin as payment and the people who spend bitcoin are not really complaining!
i always see others who are neither a merchant nor ever spent bitcoin complain about it though.
besides there are always options such as BitPay to accept bitcoin and receive fiat equivalent of it!

i honestly did not understand what the point of "point of sale" is here though!

any way you look at things this can not be the second fork of bitcoin!
bitcoin itself already had multiple forks before this (at least 4 i know of) soft fork and hard fork.
forks from bitcoin and creating an altcoin have been a lot more too. there has been at least 500-700 forks from bitcoin, creating different altcoins. at least 50 of them did airdrops to bitcoin holders 1:1


No, the reason is because it has a big ICO with a huge premine. and nobody cares about altcoins like that.
besides it is not really doing anything useful.

yes, until its hashrate grows and people start pooling their GPU power and then a farm shapes up and then you will no longer be able to mine it with a single GPU and will need an appropriate mining rig!

#BackWhereWeStarted

shitcoins last for 2 months to a year.
this is not exactly a shitcoin, but not a real altcoin either so it can last a year at least in my opinion. but we have to wait and see after it is released to give any meaningful opinion.

nobody is noob enough to not know how to use google! and search for a simple question. specially when you are talking about 40+ BTC which is >$13000 worth of bitcoin cash.

here, it took me 10 seconds to search for it.
someone asked your same question: https://bitcointalk.org/index.php?topic=2074302.0
here is a walkthrough: https://bitcointalk.org/index.php?topic=2094630

here is another link: https://bitcoin.stackexchange.com/questions/57899/get-bch-from-blockchain-info-after-fork

welcome to the dumping season

the altcoin market is like this. it has always been. there is a happy period when everyone thinks to themselves that they are trading gods because whatever they buy gives them profit. this is what we call "pumping season". we have the best one this year where all of the altcoins were pumped.
this leads to big bubbles all around the market for all the altcoins that were pumped.

then starts the next phase, the "dumping season" when all these bubbles pop. it happened a couple of months ago but most altcoins kept their value up and struggled to keep it up but you can't do it forever.
a simple news like bitcoin rising up, some crap about its fork and free money (airdrop) can hasten the process of alts dumping.

things aren't really that unpredictable though! maybe to people who are new and unfamiliar with bitcoin market it seems unpredictable but it really is not. for example $6000 in 1 week is not going to happen the same way $3500 is not.
right now the fork drama is starting up but it is not really that big a deal. so you can be sure the rise is going to continue on its way up without any problems. specially since it is after a big dip and we are in the correction of that dip. but if it gets worse and a widespread FUD campaign starts things can change. but nothing yet happened.

yeah, banks want to destroy "bircoin" but bitcoin is what they love.
did you know that because of bitcoin banks have been making a lot more money than before! go check out the bitcoin trading volume of different exchanges. a big portion of it is the money flowing in and out of exchanges. all this money is going through banks and banks take a lot of profit because of these transactions. meaning profit.

then maybe you should have planned ahead of time and sold them when you saw the downward trend and either stayed away or bought back at the bottom. instead of buying on top and holding just to watch the price decline.

for most altcoin, NEVER.
for others not for many months until they get a huge pump.

the thing is that the previous highs that altcoins had were mostly pumps and bubbles and you can't expect the price to go back to the top of a bubble.

bitcoin price never stabilizes! it has always been volatile with short periods of stability. and when the fork nonsense ends the price starts to shoot up! unless you call fast rise "stable".

you should "convert back to BTC" when price is still high or as i said when you see a dump is happening not after it ended and you lose a lot of money.

i never hold any altcoin for longer than i should. i buy when they are not yet in a bubble and dump them as soon as they are. and if i see a dump i dump faster to prevent a bigger loss.

what coin you choose for trading has nothing to do with your budget!
you do realize that you can buy less than 1 whole of any coin right? which means no matter what your budget is, you can buy any coin that is out there as long as it is higher then the fees and the minimum trading volume (eg 50,000 satoshi in bittrex).

i believe you are in the wrong board. the board you should be saying this on is called altcoin speculation not bitcoin.
if you really think when bitcoin price goes down it is a "falling knife" then you never understood what bitcoin is. or maybe you don't know what a falling knife looks like

if you don't believe me you an take a look at some bitcoin charts and see how "these many falling knifes" have ended up. each time there is a drop they are followed by a bigger rally. for example if you bought this falling knife when it went to 3k range you could have made $1500 profit max on each coin.

it depends on what you mean by "good".

in my opinion Coinbase is a very convenient place for starters who want the feel of the old systems like paypal to open up an "account" and have something they call wallet. you can buy and store bitcoin in the same place and it is all easy to use and user friendly.

but you are sacrificing a lot of things. your privacy for starters since you have an account and you are not using bitcoin really you just use coinbase which sends and receives bitcoin on your behalf.
and not to mention they have full control over your funds. they can see fit to close your account and block your money (bitcoin).

one thing that needs to be mentioned and repeated over and over and even stickied on top of all bitcoin related places, so that everyone remembers it, is the following:

bitcoin is what the majority says it is.
you can fork bitcoin as much as you want and with as little hashrate as you want. but in the end if the majority accepts that fork, it will be bitcoin. as an example you can always look at bitcoin cash. the majority said it is an altcoin so it is an altcoin. and the same will always be true about any other fork.

when a coin is created by the MINERs you can be sure that these miners will throw hashrate at it as they like and will keep it alive. and it is not dying at all. this altcoin has no usage, even the blocks are completely empty to a point that it looks deserted, but as i said the miners and also some big pockets are behind it and they are keeping it alive.
additionally, it is another altcoin with the name "bitcoin" in it and it is being traded. who doesn't like that?! a good pump and dump coin.
on top of it, with the SegWit2x drama, they are taking full advantage and i even expect a big pump out of it pretty soon.

that doesn't make any sense!
you bought an altcoin (DGB) on the way down while it was getting dumped and you are "trying to" sell it at 800 satoshi! what does "trying to" even mean? you bought the bubble and are left holding something that is losing value.
don't get me wrong DGB is one of those profitable coins for trading but your timing has been awful.

and i don't get why you are waiting for bitcoin price to go up. first of all it IS going up. secondly when it goes up DGB price has a bigger chance of going lower.

Stop Loss
it is a pretty neat thing. i suggest you learn more about it. here is something to get you started: www.investopedia.com/terms/s/stop-lossorder.asp

when a coin that you buy drops, your "stop loss" should kick in. it can be automatic using what the exchange platform offers you, or it can be a bot that you use, or it can even be manual where you just see the drop and dump. but you MUST have it. you prevent/stop your loss. and this is like the first mandatory step in trading!

since 6k and all prices around it are not the end target of bitcoin price that means it won't stabilize afterwards. not for more years. it will continue to be wild for a longer time. 6k to 7k then ... until 10k and so on. it will continue like this and from time to time you will see a big dip for about 1 week to 1 month of downtime before the rise starts up again and continues on the same path upwards.

since China never banned bitcoin, altcoins and they never banned "trading" them. and instead they banned exchanges, that means they have nothing against trading nor against cryptocurrencies. consequently they will regulate the exchange, probably put some taxes on them too and then let them open up again. it is even possible new exchanges start with better options.

it is called bitcoin not bitcoin core. core is a client.

and forks happen because majority want bitcoin like what it is right now. not any other way, like having a different mining algorithm.

do you have a reference for BCH moving to GPU mining?

why? because you will have to keep forking the coin each time pools shape up and people start pooling their GPU and create farms to mine bitcoin. ASIC resistance is a myth.

if you want a different thing then use a different thing. that is why they exist anyways.

why?
for years people have been forking from bitcoin, creating an altcoin and dying after a while. the only difference is now they are also giving away airdrops.