New Announcement By Bitfinex (FREE BITCOIN CASH)

in #bitcoin7 years ago

Announcements > Bitcoin Cash (BCH) Token Distribution (Source: https://www.bitfinex.com/posts/212)
July 27, 2017

"A minority of Bitcoin miners will be forking on August 1st, 2017 to create a new chain called Bitcoin Cash. The fork does not impact Bitcoin balances, but it creates a new token. At the time of the fork, all Bitcoin addresses holding a balance will automatically have equivalent balances in Bitcoin Cash."

"Distribution Policy
BCH will be distributed to settled bitcoin wallet balances as of the UTC timestamp of the first forking block, which is expected to occur on August 1st, 2017.
The token distribution methodology will be:
All BTC wallet balances will receive BCH"

"Once again we want to reassure our customers that your bitcoin is safe and this event will not affect your bitcoin balances, positions, or loans - you will simply be receiving an additional token balance based upon the aforementioned methodology."

The only question now is how much with Bitcoin Cash be when it settles in and will they start listing other coins under Bitcoin Cash markets?

AS ALWAYS PLEASE REMEMBER TO FOLLOW, UPVOTE AND LEAVE A COMMENT DOWN BELOW :)

BitcoinForkGlasses.jpg

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Do you foreseen to sell your BCC as soon as you receive them or you will hold a little

What do you think is the value of Bitcoin Cash since everybody gets it for free? Thats confusing to me...

Whatever the free market believes it should be worth! Only people getting it for free are the ones that have their BTC in the right place :)

i guess the price will half or fall, if a new coin is released to every bitcoin holder - i am now following you

Thank you sir, I have followed you back :) I am trying to help build the ever-growing crypto community through trading analysis and informative articles. Been a crypto trader and Bitcoin user for years and I love how popular its becoming!

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