What more do you have to know about the upcoming Bitcoin Cash [BCH] fork?
BCH has been on a crazy spike lately, seeing the largest volumes we've seen for the crypto. Even though there's correlation, we have a lot of greed buying coming in. There's a hard fork scheduled for BCH on May 15th. We always see this with cryptos....hard forks drive greed which spikes prices.
Previously I had liked BCH a lot more. Now, I'm not sure how I feel about this hard fork. They are talking about forking every 6 months. Like, huh??? These principles are the things that make me tell people that the supply caps are NOT limited to 21 million cryptos. There's a HUGE influx of new supply so how are we sustaining?
Anyway, there's more info HERE if you want to learn more.
These forks are a result of poor planning during development. Scalability is very important in the crypto world and is why most cryptos will not make it in the long term. Great post I have resteemed to share with others😎
Thanks! Yea I was a much bigger BCH fan before, but the fact they have to fork every 6 months I think sounds like a failure waiting to happen. Yikes....
Be advised @daviddivergent
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