I feel like its such a risky time to get in BCH right now with the forks coming. Not sure If its a good time to get in?
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I feel like its such a risky time to get in BCH right now with the forks coming. Not sure If its a good time to get in?
I agree too. It's risky because there are chances of people like Roger Ver pump up the coin for positioning it well above the forked coins. Right now it's a risky currency. May be invest in BTC and grab your free BGold and 2x coins. Also ETH had a successful upgrade but it's been overshadowed by BTC activities happening around it. So I predict ETH would have a decent boost after BTC dust settles down.
Though Invest wisely after doing research. Cheers!!!
I agree, it seems like the wrong time to get into BCH if you're choosing between that or BTC. With more than one fork coming it seems like we're bound to see BTC to continue to rise in value at a faster rate.
I didn't think so, but after researching the Segwit2x fork a little more and seeing that the way they have (not) handled replay protection and will start as a new coin B2X, I feel like it could be a lot more disruptive than most seem to be expecting, because all of this is so complicated that not many people really understand it. If so, it will make clear the reasons why Bitcoin Gold has been created, and BCH before it. Ultimately, all of these are new coins, but it's clear the people behind B2X are hoping to destroy and replace BTC. So there may be a real split, and a lot of fallout. That would explain why BCH had a recent pump, and why BTG have rushed to release their fork when it looks like they've been struggling to be ready in time.
I wrote a post about it earlier. Just my opinions based on my research so far: https://steemit.com/segwit2x/@cmaccu/segwit2x-have-you-seen-this-coin