Bitcoin Cash - Looks Like There is Accumulation Mode
It had little pump lately and with Segwitx2 and Bitcoin Gold (possible) split chains coming BCH seems to make moves to stay stronger.
Owner of BTC.TOP (one of very popular mining pools in China) wants to have 100k of BCH.
He says he will buy 50k and mine 50k with the pool.
Exodus Adds BCH
Its one of the prettiest desktop wallets. I did review of it 8 months ago - https://steemit.com/bitcoin/@kingscrown/the-best-multicurrency-desktop-wallet-i-have-ever-seen-meet-exodus
BCC/BCH Markets
Loads of opportunities to buy cheaper and sell higher but remember block times are slow. Im happy how HitBTC runs it. Remember they have STEEM!
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What are most of you guys doing?...holding BCH or selling it to accumulate more BTC for the upcoming fork?
I feel like its such a risky time to get in BCH right now with the forks coming. Not sure If its a good time to get in?
I agree too. It's risky because there are chances of people like Roger Ver pump up the coin for positioning it well above the forked coins. Right now it's a risky currency. May be invest in BTC and grab your free BGold and 2x coins. Also ETH had a successful upgrade but it's been overshadowed by BTC activities happening around it. So I predict ETH would have a decent boost after BTC dust settles down.
Though Invest wisely after doing research. Cheers!!!
I agree, it seems like the wrong time to get into BCH if you're choosing between that or BTC. With more than one fork coming it seems like we're bound to see BTC to continue to rise in value at a faster rate.
I didn't think so, but after researching the Segwit2x fork a little more and seeing that the way they have (not) handled replay protection and will start as a new coin B2X, I feel like it could be a lot more disruptive than most seem to be expecting, because all of this is so complicated that not many people really understand it. If so, it will make clear the reasons why Bitcoin Gold has been created, and BCH before it. Ultimately, all of these are new coins, but it's clear the people behind B2X are hoping to destroy and replace BTC. So there may be a real split, and a lot of fallout. That would explain why BCH had a recent pump, and why BTG have rushed to release their fork when it looks like they've been struggling to be ready in time.
I wrote a post about it earlier. Just my opinions based on my research so far: https://steemit.com/segwit2x/@cmaccu/segwit2x-have-you-seen-this-coin
Really don't understand all of those btc clones...
Yet the new ones are coming soon.
I love the UI for exodus and some other platforms can really learn from this in terms of getting more people to use their systems. Nice and clean and easy to understand. What I dont like is bitcoin cash and soon gold :/ and of course the largest miner in china wants all the bitcoin cash, bitcoin cash was created by china miners to try and hold the system since it has too diversify for bitcoin itself.
I agree with others it is risky bet as few more forks to be settled. However, one of the forks may survive very much and we have to find the winner FORK. ETH, DASH and LTC is a good bet for the long haul.
It was a really good pump :) nice trick :)
Not sure all this forking is good for crypto on a whole. For sure some split or clone of another coin would disappear like oh was it MonetaVerde or something like that? All these would give crypto a bad reputation.
It seems to me that this is just a part of the evolution of cryptocurrencies. Hard forks are tests of the system. The entire space is experimenting and learning what happens before and after each hard fork. We are exploring uncharted territory so we learn as we go. It's very exciting to witness.
Thanks for the info
@kingscrown
Would you like to speculate a little on the possible value of Bitcoin Gold, if it happens?
i have no idea for this, sorry ;(
nothing to be sorry about, thank you for taking the time to answer :)
Agreed
i agree too
Do you know information About BitcoinGold ? Because it will do start nextdays... thank you for text.