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Author Topic: Bitcoin Cash fork and its effects on Bitcoin  (Read 1231 times)
Fria
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November 13, 2017, 06:20:29 PM
 #41

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.
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November 13, 2017, 06:46:48 PM
 #42

'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!
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November 14, 2017, 07:28:30 AM
 #43

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

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November 14, 2017, 07:53:29 AM
 #44

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.
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November 14, 2017, 01:51:41 PM
 #45

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.  Undecided

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November 15, 2017, 10:48:16 AM
 #46

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.

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November 15, 2017, 10:55:13 AM
 #47

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.
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.


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aoluain
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November 15, 2017, 10:58:33 AM
 #48

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.

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November 19, 2017, 07:36:42 AM
 #49

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

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

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November 19, 2017, 06:10:06 PM
 #50

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.
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.

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November 19, 2017, 06:24:16 PM
 #51

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