bert1587 (OP)
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November 11, 2020, 08:49:57 PM |
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hi all any one know about bch fork coming in 15/11? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ?
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DeathAngel
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November 11, 2020, 10:36:27 PM |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
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logfiles
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November 12, 2020, 04:37:12 AM Last edit: July 19, 2023, 08:51:33 PM by logfiles |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
It depends on what you term as benefits. The only slightly positive thing I see is that the BCH holder will get a forked coin after the snapshot. But about the price of BCH, don't let them lie to you. BCH price will only continue to tank especially after many traders decide to sell because most are holding it right now for just the snapshot. Look at this graph, ETH, BTC and other coins have at least recovered, but BCH hasn't. It doesn't seem good, does it? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F07%2F19%2FZlVLa.png&t=665&c=-yzuneWyNlsk5A)
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bert1587 (OP)
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November 12, 2020, 08:12:35 AM |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
for sure u will get new coin
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Greatdev
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November 12, 2020, 08:16:57 AM |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
Do not be fooled, BCH will start dropping after the fork because there will be more sell off, it's getting annoying that BCH keeps forking every year honestly, the only gain here is the new fork, if the new fork coin has good value then thats extra money
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Dollar_Hunter
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November 12, 2020, 08:20:06 AM |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
Do not be fooled, BCH will start dropping after the fork because there will be more sell off, it's getting annoying that BCH keeps forking every year honestly, the only gain here is the new fork, if the new fork coin has good value then thats extra money BCH is just the coin of the bitcoin fork, and always has a bad price, don't get caught up in the fomo of this fork, didn't you notice? before that BCH also had a hard fork which appeared BCH ABC and BCH SV, after which the price of BCH fell sharply
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cryptomaniac_xxx
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November 12, 2020, 08:25:29 AM |
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You can also check the twitter hash tag here: https://twitter.com/hashtag/hardfork?lang=enIt seems that there are many services, like exchanges and wallet that are ready for the so called BCH fork this coming Nov 15. Just remember though to transfer your BCH to a services that supports to be able to take advantage of it as majority doesn't support this fork though or doesn't reach a consensus.
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bert1587 (OP)
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November 12, 2020, 08:26:48 AM |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
Do not be fooled, BCH will start dropping after the fork because there will be more sell off, it's getting annoying that BCH keeps forking every year honestly, the only gain here is the new fork, if the new fork coin has good value then thats extra money BCH is just the coin of the bitcoin fork, and always has a bad price, don't get caught up in the fomo of this fork, didn't you notice? before that BCH also had a hard fork which appeared BCH ABC and BCH SV, after which the price of BCH fell sharply but we will get free new coin after fork
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GreatArkansas
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November 12, 2020, 09:20:57 AM |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
(....) Look at this graph, ETH, BTC and other coins have at least recovered, but BCH hasn't. It doesn't seem good, does it? I think Bitcoin cash is ready to explode because of that, especially the Bitcoin cash fork on November 15th. As I remember in the previous forked of Bitcoin Cash, the price actions upward happened after the fork not before. But this is not financial advice, I may be wrong. That's why it's really difficult to speculate, I am just basing my opinion on the chart.
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southerngentuk
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November 12, 2020, 09:47:08 AM |
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I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?
(....) Look at this graph, ETH, BTC and other coins have at least recovered, but BCH hasn't. It doesn't seem good, does it? I think Bitcoin cash is ready to explode because of that, especially the Bitcoin cash fork on November 15th. As I remember in the previous forked of Bitcoin Cash, the price actions upward happened after the fork not before. But this is not financial advice, I may be wrong. That's why it's really difficult to speculate, I am just basing my opinion on the chart. I have the same thoughts as you, ahead of time we are in the trend of the whole crypto market and this should keep the BCH price up, but for the upcoming hardfork news we see a repeat. This time around the market will pay attention to BTC the most so it will be difficult for BCH to get a sustainable pump for the moment, but wait and see then what we get ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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masterrex
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November 12, 2020, 09:51:38 AM |
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Thanks, for the informative articles Mate, By the way, the Bitcoin Cash community will be divided again and this time it's all about money, and base on the article it seems that the split between the two opposing interest will continue, but the question is how the fork will affect the Bitcoin Cash price in the short term? how about the community? the holders of BCH, how they will react in the split? it is getting more interesting as the forking day is coming.
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Chrystora123
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November 12, 2020, 09:56:01 AM |
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BCH is just the coin of the bitcoin fork, and always has a bad price, don't get caught up in the fomo of this fork, didn't you notice? before that BCH also had a hard fork which appeared BCH ABC and BCH SV, after which the price of BCH fell sharply
We don't know what will happen in the future price of this coin (BCHN) might be good, so I think there's no harm in those who want to try their luck with HODL BCH until the fork occurs.. You can also check the twitter hash tag here: https://twitter.com/hashtag/hardfork?lang=enIt seems that there are many services, like exchanges and wallet that are ready for the so called BCH fork this coming Nov 15. Just remember though to transfer your BCH to a services that supports to be able to take advantage of it as majority doesn't support this fork though or doesn't reach a consensus. I also heard that Binance is getting ready for the BCH fork this time.. cmiiw
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zeingrind777
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November 12, 2020, 10:03:12 AM |
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I also heard that Binance is getting ready for the BCH fork this time.. cmiiw
I also heard from one of my friends that Binance has prepared a BCH fork at this time, so I kept some BCH in my Binance wallet. I don't know if this is a good thing or not to do. At least I didn't put all the eggs in the basket. I hope this is a good move, but the price chart on BCH is not showing any good.
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Febo
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November 12, 2020, 03:46:45 PM |
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I think Bitcoin cash is ready to explode because of that, especially the Bitcoin cash fork on November 15th. As I remember in the previous forked of Bitcoin Cash, the price actions upward happened after the fork not before.
Price always dumps after fork happens. People buy them to get new coins and then sell them. It is like with everything in Crypto, buy the rumour, sell the news.
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DU18
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November 12, 2020, 06:47:21 PM |
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Looks like this year's BCH Fork has serious controversy in their company and I think that will certainly affect the BCH price movements in the market, and with such controversy will make BCH have two different blockchain networks and automatically each network will have a value that It is also different from one another, many people think that a split like this is not a good thing and of course it will make this year the worst fork ever and even worse if it will impact the decline in BCH prices in the market due to several exchangers Bigger like Binance will deactivate the BCH deposit and withdrawal options on their exchanges at the time of the hard fork.
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wxa7115
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November 12, 2020, 09:50:10 PM |
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Thanks for the links, for the most part I do not follow the events of BCH since they declared themselves the real bitcoin and other silly stuff like that, but now it seems this fork is all about the money, it seems Roger Ver wants to literally tax the miners for 8% of the profits that rightfully belong to them and he wants those funds to go to the development team. Personally I do not agree with this, if they want 8% of the profits from mining to go to them then they can become miners, otherwise they have no right to that money and it seems the majority of the miners think the same but so far it seems the community is split and it seems they are so far showing more support for Bitcoin ABC.
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Princeofpoetry
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November 13, 2020, 11:10:21 PM |
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BCH price will only continue to tank especially after many traders decide to sell because most are holding it right now for just the snapshot.
Look at this graph, ETH, BTC and other coins have at least recovered, but BCH hasn't. It doesn't seem good, does it?
Thank you for the advice. yes maybe BCH holders are only temporary after that many will sell so the price will drop.Does the BCH hard fork not have a positive effect on project development?
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