RE: BITCOIN Needing Bull Break After Consolidation To Start Up Trend

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BITCOIN Needing Bull Break After Consolidation To Start Up Trend

in bitcoin •  7 years ago 

Thank's for the content. What's your opinion on BCH and the hard fork?

bitcoin
7 years ago by

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      ·  7 years ago 

    BCH forking again? This is news to me!

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      ·  7 years ago 

    Yup on the 15th May! Bch is sure to see a drop when this happens, so if you're holding in might be a good idea to sell on the 14th... Better safe than sorry!

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      ·  7 years ago 

    Good call, at least some! What is the new forked currency called?

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      ·  7 years ago 

    Bitcoin ABC. I've a short post about it here... https://steemit.com/cryptocurrency/@dylan607/bitcoin-cash-hard-fork-alert-abc .. Or if you don't want to click the link head over to my blog page and its right at the top!

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      ·  7 years ago 

    Thx!

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      ·  7 years ago 

    I think it's stupid. They are talking about a fork every 6 months. This is why I never believe people when they say there's a cap on cryptos. All they have to do is hard fork. It's not like there's an improvement and everyone abandons the old...There's just two now, similar to a stock fork. BUT, the difference is is that eventually the buying and hype will stop and the market cap will just crash with all the supply. I think improvements are awesome, but the idea of continuously forking is horrible. Forking has just become a cash grab.

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      ·  7 years ago 

    Thanks for the response! Yes I agree but could buying BCH in the dip(when the hardfork happens), be highly profitable or could it be a risky move. I don't intend to buy Bitcoin ABC but feel as if buying in the inevitable BCH dip could be a good move.

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      ·  7 years ago 

    Yea I mean who knows? It may be...I think ultimately it probably depends what the other markets and charts do. Like, look what happened to Bitcoin Gold -- epic fail. So, not sure. Overall not that much a fan of BCH anymore when I used to love it. This fork thing just is nonsense.

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    1 vote