The Bitcoin hard fork has been implemented!
On Tuesday Aug 1st bitcoin split into two in an event known as a “hard fork” which essentially is the beginning of a new blockchain for "Bitcoin Cash", a community response to scalability issues.
In this video
Dan Dicks of Press For Truth speaks with Jeff Berwick @jeffberwick of The Dollar Vigilante @dollarvigilante about what this means for the legacy of bitcoin and what people can expect for the future of the cryptocurrency space.
Jeff also makes an exclusive announcement about the upcoming Anarchapulco conference 2018.
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Very good points made by Jeff Berwick. Thank you, Dan, for having him on at this important time. It looks like bitcoin and particularly cryptocurrencies are better off now than ever.
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Great interview. Jeff makes it very easy for people like me to understand Bitcoin and cryptocurrency.
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what IF:
Bitcoin = used as super secure store of value.
Bitcoin Cash = used as cash to buy stuff instantly with very low fees.
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thats what i thought
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Everything felt like 1999... and nothing happened.
(source)
...yet?
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The Bitcoin bug BIT YOU!
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We are back to reality.
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Good interview, always like to hear Jeff's take on things.
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And the sun will in fact come up tomorrow. Everything is going to be ok...
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Good interview Dan! I think Bitcoin Cash will get support from miners in in China and increase in value on Chinese exchanges.
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So if BTC does crash and BCC prevails do all BTC alt coins die with it?
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This is what I am trying to get an answer to, and will there be a bch altcoin pairing as well?
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No, because all alt coins have their own network of nodes, miners, users and developers. So even if BTC price go down to zero, other alt coins will still here to stay, only their prices will be temporary affected.
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Where is the best app to transfer my bitcoin so I can take both bitcoin and bitcoin cash
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Very interesting. I dont have any bitcoins and I havent really been following the fork. A co-worker has been counting it down though.
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Wow, amazing
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7 Bittrex BCC/USDT $1,722,600 $540.06 3.36% wowza I'm going to bed.
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Personally I'm worried about Segwit so I'm hodling my BCC to hedge against that.
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Wow... so the fork really pushed through.
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Here's a good breakdown if you don't want to slog through a video:
https://www.reddit.com/r/Bitcoin/comments/6r05nm/megathread_on_august_1_2017_at_612pm_utc_block/
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This deserves some attention. Upvoted and resteemed :]
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What the fork was that all about?!
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i would still be sceptical because not everybody has his bitcoin cash by now. Who knows what will happen in a few days. maybe there is a chance to buy some at a lower level
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I think bitcoin and cryptocurrency market will only grow because the world needs something new like they loved facebook, watsaap, online shopping etc so, cryptocurrencies will grow bigger and bigger....
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Great to hear Jeff's words on this subject. I personally hold very little BTC simply because I'm looking for the next big altcoin and the next big 100,000% gains. Diversify your altcoin holdings. As Jeff says, last year total market cap for altcoins was about $3B and now it is about $50B. You want to ride that wave if you live in cryptoland.
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