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Topic: confused about bitcoin cash - page 2. (Read 265 times)

full member
Activity: 632
Merit: 122
November 16, 2018, 09:14:40 AM
#5
is BCH being dropped completely? what happens to my BCH?

BCH will be valueless.

do i convert it to both SV and ABC?

It seems that process is automatic.

You can read some explanation here: https://bitcointalksearch.org/topic/confusion-about-bch-hard-fork-and-clear-statement-for-newbie-5069039

And you can leave your questions there, maybe members who understand blockchain will give you the answer.

Based on the article and news that i heard, there will be no more BCH because after it(fork) and successfully forking it. the chain will split and will create Bitcoin ABC and Bitcoin SV.
for a brief explanation about it, you can read it here ; https://medium.com/@jcliff/bitcoin-cashs-november-2018-fork-804596268771

it will be processed automatically if you are holding it on supported exchange, but if you do not. you need to claim it by using your own private keys.

why they did that ? tension ? misunderstand ? nobody knows excatly what is going on. maybe they want us to see their dominance ?
member
Activity: 1540
Merit: 68
November 16, 2018, 09:10:57 AM
#4
There is no need to confused or whatsoever, Bitcoin cash has forked and it happened automatically, either you keep your coins at an exchange or in your blockchain wallet.
Now just be careful, expect a drop in price or an increase in price.

Whichever happens, always remember the basic principles of crypto currency trading.
member
Activity: 476
Merit: 10
November 16, 2018, 09:08:40 AM
#3
I do not like all these divisions of chains and forks of coins.  After hardfork, usually the price of new coins is lower than it was originally.
copper member
Activity: 196
Merit: 0
November 16, 2018, 08:54:26 AM
#2
is BCH being dropped completely? what happens to my BCH?

BCH will be valueless.

do i convert it to both SV and ABC?

It seems that process is automatic.

You can read some explanation here: https://bitcointalksearch.org/topic/confusion-about-bch-hard-fork-and-clear-statement-for-newbie-5069039

And you can leave your questions there, maybe members who understand blockchain will give you the answer.
newbie
Activity: 14
Merit: 0
November 16, 2018, 08:32:20 AM
#1
i'm just now hearing about bitcoin SV and ABC. really need to understand whats going on. i heard that bitcoin cash is "no more." is BCH being dropped completely? what happens to my BCH? do i have to claim the new coins or does it get converted automatically? do i get both SV and ABC or will only one survive? i still have a bitcoin core wallet that never claimed BCH coins. will i still be able to claim BCH/SV/ABC?
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