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RE: Bitcoin Cash Doubles In Two Days Since SegNOT2x Confirmed

in #bitcoincash • 7 years ago

Bitcoin cash is surging due to the division in the bitcoin community. Due to the abortion of SwgWit2x upgrade which was supposed to improve the bitcoin blockchain and take care of issues like bitcoin scaling and high transaction fees, many bitcoin holders have started looking for alternatives (with bitcoin cash being the obvious choice).

7 years ago in #bitcoincash by
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     7 years ago 

    I won't be surprised if that hot money moves on to something else very quickly, however!

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     7 years ago 

    Bitcoin cash fork is scheduled for 13th November (in two days time). I'm sure bitcoin cash will continue surging upwards at least until the fork. Some other cryptocurrencies that bitcoin holders are quickly dropping bitcoin for include Litecoin, Ethereum classic, Monero and EOS.
    Even Bitcoin.com declare that they would no longer support bitcoin, but rather move to support bitcoin cash. See the public announcement from bitcoin.com: https://www.bitcoin.com/public-service-announcement

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