The hard fork won't affect your BCH.
Bitcoin Cash (CURRENCY:BCH) traded up 12.7% against the US dollar during the twenty-four hour period ending at 19:00 PM E.T. on October 15th. Bitcoin Cash at present has a market cap of $10,616,649,020 and its 24hr volume is approximately $860,457,228.
In order to keep our readers informed of the impending fork, news.Bitcoin.com has compiled a comprehensive list of exchanges, payment platforms, and wallet providers who have publicly detailed their business plans for the upcoming fork. This further suggests that the Bitcoin Cash ecosystem will have split blockchains.
"Hey Roger, wherever you're ready to rejoin the camp that supports economic freedom, we're here ready for you".
If you store Bitcoin Cash (BCH) on Coinbase, Coinbase Pro or Binance or you'll receive Bitcoin SV, too. This is the first time we are offering pre-fork trading and it is part of a broader effort to make Poloniex one of the most innovative exchanges in the world. Recent Fork monitor social media posts describe Craig Wright as a BCH primary supporter and self-proclaimed Bitcoin creator.
Bitcoin Cash has more use cases than Bitcoin, owing to the existence of different clients implementing every single vision of the Bitcoin protocol. "We're seeing right now the damage that can be caused by having contentious hard fork".
Not all hard forks are the result of disputes between developers.
Bitcoin Cash (CURRENCY:BCH) traded down 2% against the dollar during the one day period ending at 23:00 PM Eastern on October 17th.
Why is the blockchain splitting? "Side with ABC, you hate bitcoin, you are my enemy". The Bitcoin cost for TIME now, is 0.0006221 BTC. The CEO of Bitmain, Jihan Wu, supports it. The Bitcoin cost for CAN now, is 0.00000819 BTC. It's also leading investors to think about the difference between investing in "Bitcoin regular" or some version or derivative coin.
Specifically, around 60% of the network's nodes support Bitcoin ABC, and 28% support Bitcoin SV.
So what's so important about the fork in November?
And although Wright isn't quite endorsing an attack fully, on Twitter he seemed to provide a rationale for miners to use their power to "kill off" the blockchain running Bitcoin ABC. This fact is likely to continue as cryptocurrencies move into the mainstream, where hierarchies like this are common. And after it's price leveled off for a bit, it rose to $610. Trading coins on both sides of the contentious hard fork is scheduled to activate on the BCH network on November 15.