Bitcoin Cash Hard Fork Details:
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This is an important video update to let you know about the upcoming Bitcoin Cash (BCH) hard fork that's taking place on 15 November 2018.
Binance has announced that they will be supporting the swap so if you feel comfortable with leaving your coins on Binance, that's all you need to do before the snapshot date at 4:40pm UTC on 15 nov 2018.
EDIT: COINBASE also announced that they will support the BCH fork
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I'm left with more questions. I mean, not clear at all however thanks for trying to tell me what to do. The big question is what does binance mean by support? Ledger is more honest basically is sayin: "we will support ABC after so if you had 5 bch before, then after you will have 5 ABC and I don't care about the price in fiat money, transfer is 5 to 5 end of story" However binance is so unclear...what does it mean? binance may give me 5 abc + 5 sv or what? or just abc which eventually will be the dominant one? because whhy people talk a lot that you may get more coins, i believe is 5abc+5sv = 10 then that's more coins but really no clear at all
Cheers Diggy! Have looked at your vid + supplied links + other vids. Simply trying to understand basics as a holder and required action.
1. Is it a given there'll be 2 coins/tokens created as a result of the hard fork? (i.e. Bitcoin ABC & Bitcoin SV)
2. Will there therefore be 3 coins/tokens in total operation post hard fork? (Cash / ABC / SV)
3. Will Bitcoin Cash POST hard fork become defunct and you will need to convert to Bitcoin ABC and/or Bitcoin SV as appropriately supported?
4. Binance: Other than said snapshot, it doesn't appear Binance will be engaging in a post hard fork conversion (old to new). Is this because they aren't sure which fork they will be supporting?
5. Ledger action: Is there a specific reason you WOULDN'T leave BCH on Ledger
6. Had enough of 'forks' for one day...think I'll have something for tea using chop sticks!
Cheers in anticipation
Bcash was created by scammers (Ver, Jihan Wu, FakeSatoshi, etc) and now they fight among themselves.
Buy real Bitcoins while they are so cheap cause bitcoin will be worth several millions in a few years.
+Andcoin 90 I have studied TA. But, IMO they explain things after the facts and as good to make predictions such as: if price break this support it could go to this price, etc.
But take a look at the product/services companies like Fidelity are launching, how the OTC market is booming with millionaires buying a lot of bitcoins.
Whatever bitcoin does in the short term it's gonig to be worth millions in a few years.
Will you risk not having 1 bitcoin waiting for it to fall to $3k or less?
After hyperbitcoinization most current millionaires won't be able to exchange all they own for a whole bitcoin.
Lol. 20k was wave 5 and it has still more to go down. In fact, this wave 5 is the wave 1 of the super cycle. I don’t know where the wave 2 will go, but it seems it will go really deep. This is just the beginning of the correction.
DAG+BLOCKCHAIN = 🚀
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🔥MOLECULE (MOL): .000280
DAG/DPOS: Feeless Micropayments/Tokenization, Smart Contracts, MVM (Virtual Machine)
Better than NANO/IOTA?!?!?
MOL is built upon the data structure of block- lattice, decoupling the block and transaction, there is no block to be packed just to be freed from the shackle.
Decentralized Economy of Mobile
Guys, hold everything you have... Be patient and get best regards by December. Few recommended new coins with low circulating supply. Buy EXMR, ELY and GST from YoBit, IXE from IDEX, CRPT from HitBTC. These coins can give big profits in next rally. Enjoy.
The US Government and many US Superrich People knowing that Bitcoin Cash and Ethereum are secret weapons against the US Dollar and through the chinese mining monopoly. Coinbase could be also involved in this Cartell, remember the introduction of Bitcoin Cash how theiy tried to flippining Bitcoin and now Coinbase are supporting the Bitcoin Cash Fork, guys this is no coincidence
. I hope the US Government will recognize this issue and prefer US Cryptocurrencies like XRP.
1. Move your coins to exchange that suports it
2. Market cap of Bch will fall after fork
3. One coin should have price similar to Bch now other will worth way less
4. After split u can sell them for Btc , alts ...
5. It is not smart to keep Bch on wallet that dont support fork
Not everyone understand this fork even the so called YouTube gurus are just reading the news without explaining in simple way.. I want to simplify my questions pls I also want simple answers..
1.) What will happen to BCH after the fork I.e
i.)is it gonna retain his price?,
ii.)can i sell back immediately after the split and buy back my altcoins
2.) Will the price of BCHABC and BCHSV has the same marketcap with BCH.
3.) Can I sell BCHABC and BCHSV immediately after the fork....
4.) And how many coin will it in total is it three or two? And if having two will BCH exist no more because I heard some people saying will only have two BCHABC and BCHSV so does it mean my BCH holdings will disappear? So many confusion out there.
5.) Should I just buy BCH and keep it on any exchange or wallet that support the fork and I will be given BCHABC and BCHSV automatically without doing anything.
I will be very grateful for urgent reply so as to know whether to sell some of my altcoins and buy BCH to gain BCHABC and BCHSV.
Have you checked out PMA, Puma Pay just launched 8/18/18 must be strong. 7 for a penny with the 1st mover advantage, It's supposed to be the paypal of crypto. I'm taking the chance for a wild ride It's in the top 200.
What if I have BCH on a Cold Storage Coin? Basically it's a paper wallet... Will I get double of what I currently hold in BCH, half being whatever the new coin is? If the consensus is to have both the old BCH and the new BCH recognized? BTW... I'm a noob.
With crypto everything is a risk, lol, but seriously Coinbase or Binance support the fork and probably safer just to move it there for the snapshot just in case. However Ledger does say they will monitor and notify once the dominant chain has been decided on so in theory it should be safe to keep on Ledger too if you don't plan on needing it anytime soon.
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