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❕NEWS Bitcoin Cash Hard Fork 2020

Yugocean

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On November 15 Bitcoin Cash (BCH) will hard fork at 12:00 pm Coordinated Universal Time (UTC) , this upgrade possibly will bifurcate BCH protocol into NODE and ABC.

Platforms like
Kraken have declared to support the "Node" because majority of blocks are giving signal for that protocol. Some platforms like Coinex, and Poloniex are going to allow ABC swapping for Tether.

Many things noticed and unnoticed are going to happen with this, what are your information and updates?
 

bitforex22

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so poloniex has already allowed trading and okex will give new currenices in some ratio it's good to get new coins , thanks for sharing with us and everyone
 

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This is goodnews for BCH lovers as there is possibility of bitcoin cash rising higher with this projects. However I do want to know the meaning of a coin hard forking
 

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This is goodnews for BCH lovers as there is possibility of bitcoin cash rising higher with this projects. However I do want to know the meaning of a coin hard forking

basically for people holding bch at the time of fork on 15th november will get 25% of new currency in proportion to their bch holding in the okex exchange , hope it clears you out
 

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basically for people holding bch at the time of fork on 15th november will get 25% of new currency in proportion to their bch holding in the okex exchange , hope it clears you out
OK. Apart from using Okex exchanger , can one still be able to gain this 25% profit by holdl the bitcoin cash in other exchange sites ?
 

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OK. Apart from using Okex exchanger , can one still be able to gain this 25% profit by holdl the bitcoin cash in other exchange sites ?
as far as i know , okex has clearly announced this , other exchanges have not said anything about this , neither i know any other trusted exchange service so good option is sticking with the best option
 

Yugocean

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UPDATE
BCH Split in NODE and ABC. BCH ABC received no Hashpower in this split. This split effected the market, value of BCH also dropped, however it is gaining again.
In Coinbase, BCHABC will receive 8% of the mining due to protocol, however miners are opposing this protocol by calling it miner tax.
 

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I was waiting to see the effect that the hard fork would have on the price of bch and it is disappointing to see a drop in price instead of an increase.
 

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I was waiting to see the effect that the hard fork would have on the price of bch and it is disappointing to see a drop in price instead of an increase.
BCH (BCHN) price is increasing, it is below $250, but that is fine, if someone wants to buy, then this is right time as the price is increasing. However price may decrease for any reason, so that advice is not guaranteed, buy with investment affordable to lose, if the price rise, one can sell with profit.
 

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It is indeed a good time to buy and hopefully it would increase in!prise in the coming future. And to think that there was a time Bitcoin Cash was over a thousand dollars.
 

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It is indeed a good time to buy and hopefully it would increase in!prise in the coming future. And to think that there was a time Bitcoin Cash was over a thousand dollars.
Even litecoin was over $400 when Bitcoin was $6k, however it's fees ws the reason that people stopped investment in it. BCH is no different, if theycharge high fees, they will lose investment.
 

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OK. Apart from using Okex exchanger , can one still be able to gain this 25% profit by holdl the bitcoin cash in other exchange sites ?
That's really cool. I love BCH because it's easy to use and transaction fees are low but i don't have a okex Account it's too bad, i hope other exchange do the same.
 

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That's really cool. I love BCH because it's easy to use and transaction fees are low but i don't have a okex Account it's too bad, i hope other exchange do the same.
If you want to create Okex account, then create one, it is opening withdrawal service again this month. You can read about Okex and decide what you have to do.
 

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basically for people holding bch at the time of fork on 15th november will get 25% of new currency in proportion to their bch holding in the okex exchange , hope it clears you out
I have been hearing about hard fork but never knew about what it meant, it really a good one for bch holders then. I have some in my wallet but it just a very small amount that I claim from sites
 

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I have been hearing about hard fork but never knew about what it meant, it really a good one for bch holders then. I have some in my wallet but it just a very small amount that I claim from sites
Hard Fork is a change in Blockchain protocol to validate invalid blocks and transaction or invalidate it. This require every member to update for latest version. BCH hard fork made only BCHN as BCH.
 

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Hard Fork is a change in Blockchain protocol to validate invalid blocks and transaction or invalidate it. This require every member to update for latest version. BCH hard fork made only BCHN as BCH.
Okay thsnks for the explanation. With this hard fork does it has to do with everyone storing bch. I'm asking in terms of the updating the version like stated by you
 

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Okay thsnks for the explanation. With this hard fork does it has to do with everyone storing bch. I'm asking in terms of the updating the version like stated by you
BCH itself was a Hard Fork from BTC. Now all blocks are with Bitcoin Cash node, so I do not find any difference so far. If you have some BCH, you can use it wherever it works.
 

microunit

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soo it's like a hard fork from a hard fork. some crypto wallets also recently adopted the node system to further support BCH in their system. though I dun see much difference in the way I use it still
 
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