Community post
Coinbase Adding Support For Bitcoincash
All users received an email from Coinbase this past week stating that they will support Bitcoin Cash January 1st 2018
As we all know a recent fork occurred that split Bitcoin into Bitcoin and Bitcoin Cash. All users that had BTC on Coinbase before the fork receive 1 Bitcoin Cash per BTC, making it an even split.
Bticoin Cash hit 265
Obviously the initial release inflated the price heavily, however the price is down quite a bit...probably just a healthy correction..
Some say Bitcoin Cash will fizzle out others say it will replace Bitcoin, can both coexist?
Comment below your opinion!
I am not a professional advisor and this is not something you should put all your money into. I am not responsible for any gains or losses this is just an opinionated article about what I think could happen.
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Replies (4)
I think it will behave similar as ETH/ETC
My analysis nailed the recent Bitcoin bottom and have made many profitable price calls. New all time highs for bitcoin dead ahead!
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Just checked it out, these forks basically dish out free money, I feel like Bitcoin Cash's price is dropping because people are selling it for a huge profit rn. Just followed you.
I could see that, there's a lot of talk lately about ETC being a great investment choice.