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Author Topic: bch fork  (Read 358 times)
Onika84
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November 16, 2020, 06:16:17 AM
 #41

I just want to ask. Will the BCH hard fork provide benefits for the holder? will the price of BCH increase?

I don't think the fork has a significant effect on raising the price. Unlike in 2017, forks and airdrops for certain coin holders have a big impact on prices.

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November 16, 2020, 12:15:06 PM
 #42

I'm not a fan of this endless forks
I don't see any problems with this fork.other people see this as good opportunity to earn extra cash for them every time there are forks happen in BTC and other altcoin like BCH..

Other big investors also buying some bch before the fork happen I even have a friend do that hoping to get  profit with having .

For example the price forks is half of theprice BCH he bought before the fork you already earn 50% profit for just waiting for it to finish .
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November 16, 2020, 04:04:05 PM
Last edit: September 10, 2023, 01:27:03 PM by dragonvslinux
 #43

i referenced this elsewhere, didn't see this thread about the fork. As of yesterday the BCHA (miner tax) fork looked bad. BCHN has clearly won this fork by a considerable amount.

For anyone interested in Roger Ver's "miner tax" hard fork fail today, it's currently not going well: https://cash.coin.dance/blocks/hashrate



1.36 EH/s (86%) vs 0.22 EH/s (14%). BCHA is currently trading at 0.05 (5%) of BCH and 39 blocks behind as only mined 3 blocks compared to BCHN's 42. Ouch.

I think this will be remember as "The fork that nobody cared about"

Since posting this, the hashrate split is currently 1.75EH/s (89%) vs 0.22 EH/s (11%). BCHA price remains at 0.05 BCH.
BCHN has mined 128 blocks, BCHA only 7.  BCHN takes the BCH ticker basically, at least on CoinEx where the futures were trading.

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November 17, 2020, 01:20:04 AM
 #44

I'm not a fan of this endless forks
I don't see any problems with this fork.other people see this as good opportunity to earn extra cash for them every time there are forks happen in BTC and other altcoin like BCH..

Other big investors also buying some bch before the fork happen I even have a friend do that hoping to get  profit with having .

For example the price forks is half of theprice BCH he bought before the fork you already earn 50% profit for just waiting for it to finish .

On the shallow part this is free airdrop and that is good. Seldom can you receive free money in life. On a deeper analysis however this is another blow to the kind of world cryptocurrency is in. People might find it funny how just a disagreement among developers is enough to create another set of currency. 20 years from now we might have thousands of other currencies which are nothing more than splits from existing coins.

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November 17, 2020, 03:26:50 AM
 #45

I am one of those who consider BCH forks as an opportunity to make money, because usually if a forks occurs it will make the BCH price pump.
And it is possible that the current BCH forks will not work as well as the previous ones, so there is a possibility that the BCH price may not go up
as expected. And my fear happened, November 15th has passed but there is no increase in BCH prices. Luckily I bought not much BCH.

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November 17, 2020, 04:21:46 AM
 #46

I am one of those who consider BCH forks as an opportunity to make money, because usually if a forks occurs it will make the BCH price pump.
And it is possible that the current BCH forks will not work as well as the previous ones, so there is a possibility that the BCH price may not go up
as expected. And my fear happened, November 15th has passed but there is no increase in BCH prices. Luckily I bought not much BCH.

The last time BCH had a fork and BSV was born, both coins ended up being worth less than the price of BCH pre-split. Sure, there's chances to trade here and there, but since the whole thing isn't nearly as much a spectacle as then, I imagine trading the fork will be boring and likely end in losses for most involved.

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November 17, 2020, 01:25:11 PM
 #47

I am one of those who consider BCH forks as an opportunity to make money, because usually if a forks occurs it will make the BCH price pump.
And it is possible that the current BCH forks will not work as well as the previous ones, so there is a possibility that the BCH price may not go up
as expected. And my fear happened, November 15th has passed but there is no increase in BCH prices. Luckily I bought not much BCH.

Yes when you look at the price of BCH fork is almost the same as the original bch . So it's really a free money there are just people thinking it's a negative news which is not if you saw it as an opportunity to have free coins using nothing but your own bch.

I don't really have idea why many people doesn't like it,
don't you want to have free money?

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November 17, 2020, 01:46:26 PM
 #48

I am one of those who consider BCH forks as an opportunity to make money, because usually if a forks occurs it will make the BCH price pump.
And it is possible that the current BCH forks will not work as well as the previous ones, so there is a possibility that the BCH price may not go up
as expected. And my fear happened, November 15th has passed but there is no increase in BCH prices. Luckily I bought not much BCH.
You're lucky didn't buy BCH, I bought some bch hoping the price was pumped up when fork happened,
but what happened the price of BCH fell and I lost quite a lot. maybe after this incident I will not buy coins that will fork.

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November 17, 2020, 02:25:55 PM
 #49

it's done, and look what happened to BCH ?, dump happened, and BCHA? the price is very bad,
it doesn't make investors happy, I prefer it when Bitcoin hard fork produces Bitcoin Cash and Bitcoin SV than BCH which has a hard fork.

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November 17, 2020, 02:42:00 PM
 #50

I bought BCH for $261 a piece at binance and at current time, the old chain of BCH is trading at $253 on all major exchanges and the new chain named as BCHA or BCHN is being traded on a few established exchanges like coinex at $15 a piece so overall, my valuation is $268 which is still a profit. BCH is looking good and is on an upward trend.
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