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Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: sirty143 on November 05, 2018, 06:13:41 AM

Title: Bitcoin Cash Price Increases as the Hard Fork Gathers Much Support
Post by: sirty143 on November 05, 2018, 06:13:41 AM
(https://coinidol.com/upload/resize_cache/iblock/e5c/900_900_1/e5cedd6046432253c1d844c8f9e26f04.png)

The price of Bitcoin Cash increased by 10% on November 2, as bullish exchanges and other digital currency platforms have started proclaiming support for the hard fork which is scheduled to happen in 12 days from now.

(https://lh5.googleusercontent.com/MH5nF-9sRlXRjXiDLv1RBL-8y8_GVYQJx9g9WoZ2j59jQBcR1Z0xmkVt-g-GEba21Ef62VzcSnzIMJ9Nwkxvr7hYVh0keVL2u-BjA7ZdiYD7-YvTpr-pbjNkGmJba2Kv_wFuV78e)

The fork stands around a key disagreement that is between Craig Wright's nChain and Amaury Séchet's Bitcoin ABC over alterations to the Bitcoin Cash (BCH) protocol which were suggested by ABC including canonical transaction ordering.   

The Crypto Jumbo   

Craig said the changes wouldn't meet Satoshi's initial vision, encouraging nChain to release its private complete node BCH customer, known as Bitcoin SV. This new customer prudently quadruples the Bitcoin Cash block size to 128 megabytes.   

Generally, several digital currency platforms are taking tentative approach to the upcoming fork, that is scheduled for Thur Nov 15, 2018 at 4:40 PM (UTC).   

Ledger, a cryptocurrency hard wallet, has officially released a complete statement concerning its total support for the upcoming fork, hitting on the need to secure users from rampant replay attacks.   

“On November 15, Bitcoin Cash will undergo a hard fork. As this fork will result in at least two chains without replay protection, Ledger will pause Bitcoin Cash service to avoid unwanted transactions until it is clear which of these chains will be the dominant one.”   

Binance's proclamation shares a similar feeling, and more bullish exchanges will probably come out sooner or later to support the fork.

BCH presently has an $8.06 billion market cap, setting it to be the 4th biggest crypto in the AltDex 100 Index, a big-cap crypto benchmark index.

Source: CoinIdol (https://coinidol.com/bitcoin-cash-price-increases/)

What do you think of this news guys... would it be nice to invest in BCH today or not? Kindly share your thoughts below. Thank you.

Title: Re: Bitcoin Cash Price Increases as the Hard Fork Gathers Much Support
Post by: Jayde on November 05, 2018, 10:37:26 AM
BCH is already moon since yesterday. Now 20% pump is so high that I think I won’t step in. Moreover, Binance announce that they will support but they not siad anything about the rate convert when you have BCH in your wallet  :o
Title: Re: Bitcoin Cash Price Increases as the Hard Fork Gathers Much Support
Post by: dragononcrypto on November 05, 2018, 12:15:29 PM
Coinbase are also support this fork now. I would be more excited about the chain split if it wasn't fake Satashi Wright's vision of Bitcoin.
The irony is there. Someone provides fraudulent evidence that they are Satoshi, nobody believes them, so they fork Bitcoin instead.
Imagine if people did believe Craig Wright was Satoshi. This would be Satoshi's Bitcoin Fork LOL, the media would lap it up.
Title: Re: Bitcoin Cash Price Increases as the Hard Fork Gathers Much Support
Post by: Niteroy on November 15, 2018, 11:00:04 AM
Quote from: Jayde on November 05, 2018, 10:37:26 AM
BCH is already moon since yesterday. Now 20% pump is so high that I think I won’t step in. Moreover, Binance announce that they will support but they not siad anything about the rate convert when you have BCH in your wallet  :o
The developers said that the hard fork will be produced in the ratio of 1 to 1, the exchanges should be the same ratio. Now the price of BCH has really risen by 20%, but after a hard fork will happen, its price can fall as much, so you need to be careful.
Title: Re: Bitcoin Cash Price Increases as the Hard Fork Gathers Much Support
Post by: Contagem on November 15, 2018, 11:19:59 AM
After hard fork Bitcoin Cash, its price may fall to a level lower than it was before the news of the hard fork Bitcoin Cash and the appearance of the new Bitcon Stash coin appeared. In any case, now there is a good opportunity to get new coins absolutely free and make a profit.
Title: Re: Bitcoin Cash Price Increases as the Hard Fork Gathers Much Support
Post by: dragononcrypto on November 15, 2018, 03:04:54 PM
Tone Vays is live streaming the hard fork today, see this topic for video + more: https://www.altcoinstalks.com/index.php?topic=70861