Topic: Bitcoin SV and Bitcoin ABC - page 2. (Read 507 times)
I think that I will not support any of these two cryptocurrencies as they have nothing special and interesting.
SV is slowly reaching ABC price. Thing that I don't understand is why CMC so fast changed ABC in regular BCH? And even stranger thing why is HITbtc still trading SV, ABC and BCH? Strange things and manipulations are happening everywhere around this fork!
I think the coin generated from hardfork is a seasonal coin, which will be abandoned by the enthusiasts when they feel they are getting profit from the fork, and will be the same as the previous coins fork which is now also very unlikely to be able to return like the price at the beginning of the release
It is going there but for now there's a massive support from these fork coins and they aren't just enthusiasts but they are the people that wanted to kick off bitcoin's own throne. But they can't do that easily, bitcoin's support is much higher than they are. One day that's a possibility that they will left this boat as well and will turn their support for another coin that they may think.
I think the coin generated from hardfork is a seasonal coin, which will be abandoned by the enthusiasts when they feel they are getting profit from the fork, and will be the same as the previous coins fork which is now also very unlikely to be able to return like the price at the beginning of the release
Many specialists claim that Bitcoin's price has dropped dramatically due to this division in Bitcoin SV and Bitcoin ABC. I do not have a good opinion about the projects that divide into 2 divisions. Let's see what this division will reserve for us in the future. Anyway, I do not think something positive.
Any fork of a major coin usually causes other Crypto to be sold off (like what happened this time as well as with the BTC/BCH fork, BTC/BTG fork and ETH/ETC fork - but that was in a Bull market) but th forked coin combined value in a Bull market usually rises.
This fork occurred in a Bear market and saw the combined value of the forked coin plummet. I'm excited about the flurry of trading that will occur (it causes funds to circulate in the crypto economy) but I expect both ABC and SV holders to be disappointed in the end while both coins will claim ultimate victory.
This fork occurred in a Bear market and saw the combined value of the forked coin plummet. I'm excited about the flurry of trading that will occur (it causes funds to circulate in the crypto economy) but I expect both ABC and SV holders to be disappointed in the end while both coins will claim ultimate victory.
Bitcoin Cash is dividing into Bitcoin SV and Bitcoin ABC. What are your thoughts?
The bitcoin cash is just been hard forked, the winner becomes the next BCH. But what I see here is that, Mr. Bitcoin guy is pushing really hard for the bitcoin Satoshi Vision (SV). He wants it to win in order to make this altcoin a stable coin just like the fiat so big companies will benefit too much from it. 
Many of you seem confused.
BCHABC:
This IS the old BCH and the app support it has built in all these months is still there.
BCHSV:
This is Craig Wright and CoinGeek variant which is currently unsuppurted by most exchanges and apps.
BCHABC officially won hash war.. read the announcement on https://cash.coin.dance/
Announcement
Coin Dance is now able to declare that both active chains will continue to be permanently split into the foreseeable future. The majority of businesses in the cryptocurrency ecosystem are now using Bitcoin Cash (BCH) to refer to the chain maintained by miners operating in consensus with the latest implementations from Bitcoin ABC, Bitcoin Unlimited, Bitprim, Bitcoin XT, bcash, and bchd. A number of exchanges have added support for the Bitcoin SV chain under the Bitcoin SV (BSV / BCHSV) name but general app support is currently very limited. Expect to see announcements made from each of the major companies in the Bitcoin Cash ecosystem that clarify which chain(s) they will support going forward.
BCHABC:
This IS the old BCH and the app support it has built in all these months is still there.
BCHSV:
This is Craig Wright and CoinGeek variant which is currently unsuppurted by most exchanges and apps.
BCHABC officially won hash war.. read the announcement on https://cash.coin.dance/
Announcement
Coin Dance is now able to declare that both active chains will continue to be permanently split into the foreseeable future. The majority of businesses in the cryptocurrency ecosystem are now using Bitcoin Cash (BCH) to refer to the chain maintained by miners operating in consensus with the latest implementations from Bitcoin ABC, Bitcoin Unlimited, Bitprim, Bitcoin XT, bcash, and bchd. A number of exchanges have added support for the Bitcoin SV chain under the Bitcoin SV (BSV / BCHSV) name but general app support is currently very limited. Expect to see announcements made from each of the major companies in the Bitcoin Cash ecosystem that clarify which chain(s) they will support going forward.
Although they are news cryptocurrency but seem like so many traders interested in these hardfork coins cause trading volume of these coins are really high. Trading volume of Bitcoin Cash SV today is more than $200m, it's unbelievable for a new coin like this. For now seem like they're good choices to invest in but I'm afraid that the whales are setting up trap by using these coins.
This fork makes me totally angry it destroyed the cryptocurrency market, the red blood in the market is caused by war between these 2 forks, between Craig Wrigt and Roger Ver.
Thank you guys for these days of instability.
Thank you guys for these days of instability.
Bitcoin Cash is dividing into Bitcoin SV and Bitcoin ABC. What are your thoughts?
I think it's a little bit confusing what's going on there because the topic is very complex. For the generel acceptance of Bcash this fight is not good at all as trust can be lost. I think both parties have made some agressive actions in the past, but Craig Wright form Bcash SV is going too far with his actions and accusations. For sure, on the other side Roger Ver and Bitmain are also not innocent like Ver spamming Bitcoin network with transactions in early 2018 and his general marketing strategy of Bcash.
But Wright has gone too far like his claims to be Satoshi Nakamoto without proof and trying to defeat now his opponent's chain in total. He doesn't consider a co-existance of both chains and I don't think it is a good decision what he is doing.
But let them fight, it's good for Bitcoin to weed them out in fork of 2017.
Last year, BTC had a hard fork that created the BCH that influenced Bitcoin prices as well as the overall market. And actually I do not like this at all. What we need is the consensus of the whole community.
Bitcoin Cash is dividing into Bitcoin SV and Bitcoin ABC. What are your thoughts?
At the moment i will rank it as one of the unnecessary forks that has happened in crypto currency.
In a bid to overrun bitcoin, bitcoincash has made a mess of the coins and there has been down turn.
Its better to hope and see what happens to BITCOIN SV AND BITCOIN ABC, But i know it aint positive
I still do not understand why this separation occurred and what was the point? Now we have two coins Bitcoin ABC and Bitcoin SV. Although all these other Bitcoins are not clear why we are needed ... I believe and recognize only Bitcoin! What you want.
Bitcoin Cash is dividing into Bitcoin SV and Bitcoin ABC. What are your thoughts?
Yeah bitcoin sv and bitcoin abc is beating each other right now.
And bitcoin cash will be removed because no more system support it.
So, this event is not hard fork, it's the coin transforming to other coin
I think a bitcoin cash fork will cause both coins to disappear.
Bitcoin SV and Bitcoin ABC will fall in price to 100 dollars and will cease to be interesting for investors, and the volumes of trade will fall
Bitcoin SV and Bitcoin ABC will fall in price to 100 dollars and will cease to be interesting for investors, and the volumes of trade will fall
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Bitcoin SV block explorer: https://bsvexplorer.info/
Bitcoin Cash is dividing into Bitcoin SV and Bitcoin ABC. What are your thoughts?
One funny thing is they are already trading and existent on coinmarketcap
Very fast and direct indeed
Let’s see who buys into their project
But no doubts it’s gonna be red candles anytime sooner
I hate any project dividing into 2 or more tokens
It’s to take away money from novices.
There will be a big FOMO before hardfork take place. I do not trust Bitcoin Cash very much, after a year, it doesn't create real value for crypto community. I think after this new hardfork, both Bitcoin Cash SV and Bitcoin Cash ABC will become weak and disappear on the cryptocurrency map.
It's curious to see how this bitcoin fork that some people claimed it was going to become the real bitcoin has ended up this way, consumed by an internal battle and childish fights.
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