Bitcoin Cash HardFork Goes Off Like a Smooth Criminal!steemCreated with Sketch.

in #bitcoin7 years ago (edited)

The Bitcoin Cash Hard Fork Was so Smooth that the Volatility Barely Showed Up.

After weeks of worrying about what would happen after the Bitcoin Cash Hard Fork it seems that it was much ado about nothing. Sure we could see some more volatility in the markets this week but I hope this turns out as non eventful as Y2K as @Stackin has mentioned.

Even though I was not able to make a killing on a short position I am happy that the market stayed strong. Maybe the Bitcoin Core community decided that they would heavily support Bitcoin and not let the Bitcoin Cash FUD take the price down. No one will ever know for sure but this is what I suspect.

Bitcoin Cash futures on ViaBTC has it at .11 BTC with a high of .15 this morning. Do you think people will dump Bitcoin Cash as soon as they are able to be traded? I have a little and will probably just hold onto mine.

Look at the Buy Support on Bitfinex!

bitcoin-support-post-bitcoin-cash.png

Sort:  

Lots of sound and fury on BTC FUD, signifying nothing.

Fork? What fork? Seems it's all been fear based positioning... the crypto y2k moment. But I guess we need a little longer before we celebrate?

Trading started on Kraken and there are lots of buy orders filled, which is weird as the block wasn't mined yet. Also it's not a future anymore on coinmarketcap, being listed as BCH.

Block has mined and trading has begun on Bittrex.

According to https://blockchair.com/bitcoin-cash/blocks, the last block time is 18:52 :(

It seems the bitcoin HF has passed unnoticed, nothing terrible has happened. On the contrary, it has one pleasant consequence - all other cryptocurrencies became green🙂

The chain hasnt launched yet because the first forked block hasnt been mined. Everything being traded now is futures and the same as it was yesterday. Once difficulty lowers or the first few blocks get mined, we will see coins actually go on the markets and see what happens. We most likely wont see any action until later today or tomorrow.

It did about an hour ago.

"BITCOIN is unstoppable" - Bill Gates
He is right damn ...

hahha ok hey hold on, dont you think bill gates wasnt just talking about "bitcoin" he was more or less talking about all crypto currency, i have a feeling bill gates doesnt even give a fuck about technology anymore, he doesnt keep up because he doesnt have to!

or maybe youre right and he WAS talking about bitcoin specifically in relation to other crypto currencies

Im gonna grab my popcorn and sit back and watch for the next few weeks, actually it will be interesting to see how this affects things 1 month and then 3 months down the line.

Im expecting hashing power to be the driver for which version reigns supreme, but safe bets are on the original.

i keep looking at that guy behind michael, he was just some extrain a micahel jackson music vieo and now he is forever immortalized in a meme, isnt that crazy?!?!

This appears to be all good news on this fork, proving that this industry is robust and is the future for sure. Good luck to all!

That gif make me move too :D