BCH: Reap the Rewards

If you think that the passion after the ВСH fork has evaporated — you are greatly mistaken, because now we are dealing with consequences. Reddit community is actively talking about the benefits/harms of the fork, so you have two options: watching or becoming an active commentator

Vitalik is all about crypto succeeding. And he's smart enough to make it happen. Look at how Core treated him, and look at how successful ETH has been. Imagine how badly ETH would've failed if he'd built it on top of BTC Core.

  • Tomas Forgac: ‘I'm going with ABC. Here's why: While BTC/BCH split was about economics (of blocks and fees), this fork was imo more about delivery (economics didn't change). ABC side has delivered great software and hardware products, hashpower and relationships’
  • The BCH split was political and could not have been prevented. It's a schism over following science (within the pow context) versus a cult of personality. The creepy personality would have found any other reason to split. Regularly scheduled hard forks are an effective strategy.
  • Ryan X. Charles: Why I Choose SV

BSV

54.78 USD
0.85%

BCHABC

162.28 USD
0.00%

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Bitcoin Cash and Bitcoin SV fall prey to massive shorts

Poloniex released a short report on traders’ trend on the exchange for three cryptos namely, Bitcoin Cash [BCH], Bitcoin SV [BSV], and Ethereum Classic [ETC]. The blog released by Poloniex stated, “Now Poloniex customers can trade on margin (all with BTC as the base pair and at 2.5 times leverage) the following: EOS, ATOM, BCHABC, BCHSV, ETC, XRP, ETH, XMR, STR, FCT, LTC, BTS, DOGE, DASH, MAID, and CLAM.” The blog further stated that the recent surge in trading was ignited by the feud between Craig Wright and the crypto community, prompting many exchanges to follow Binance’s lead in delisting BSV. Additionally, the blog stated that users took the opportunity to overwhelmingly short BSV. Furthermore, the blog added, “It’s unclear what’s driving people to short Bitcoin Cash. See the results below, all with BTC as a base pair, for the percentage of long vs. short positions as of April 24, 2019.” Additionally, the blog posted a chart that showed the correlation between the short and long for Bitcoin Cash, Bitcoin SV, and Ethereum Classic. Source: Twitter | Poloniex The chart showed that ETC was largely longed, while the same didn’t apply to BCH and BSV. Bitcoin Cash was tremendously shorted in comparison to Bitcoin SV, the chart indicated. A Twitter user, @daudi_mitchell, commented, “Interesting that folks are shorting BCHABC, by all means short BCHSV to ground… Probably we can see some trading opportunities in BCHABC and BCHSV For some reason, I keep getting sign out everytime i log in to Poloniex, its annoying, probably you can look into it” The post Bitcoin Cash and Bitcoin SV fall prey to massive shorts appeared first on AMBCrypto.
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BITCOIN SV Price Prediction Today: Daily (BSV) Value Forecast – April 25

The short and medium outlook is in the downtrend. A minor pullback may occur but the bears remained in control. BSV/USD Medium-term Trend: Bearish Supply zones: $90, $100, $120 Demand zones: $50, $40, $30 BSVUSD is in a downtrend in its medium-term outlook. The strong bearish pressure broke through $54.00 in the lower demand area […]
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Bitcoin SV Partners with The Honest Men? Ayr United FC Sponsored by BSV

Bitcoin SV (BSV) is the new shirt sponsor of Scottish football team Ayr United FC, after Calvin Ayre’s CoinGeek announced a partnership with the club. Although the […] The post Bitcoin SV Partners with The Honest Men? Ayr United FC Sponsored by BSV appeared first on Hacked: Hacking Finance.
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