Bitcoin Cash The new BCH adjustment algorithm is really superior of BTCalgorithm .

The new BCH adjustment algorithm is really superior of BTCalgorithm .
Observations on the Price Effects of a Fork
The funny video about Bitcoin (BTC/BCH)
Will bitcoin cash ever hit $1000
There is one simple benefit to what voluntarismdev is doing to ABC: it’s showing that what ABC tried was not successful. This essentially sets the precedent to deter similar attempts in the future. This act of “self-defense” is quite valuable to BCH, as forks do take a toll on a chain.
Observations on the Price Effects of a Fork

The new BCH adjustment algorithm is really superior of BTCalgorithm .

Posted: 29 Nov 2020 01:37 PM PST

submitted by /u/phabulu
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Observations on the Price Effects of a Fork

Posted: 29 Nov 2020 04:11 AM PST

Observed law: The amount the token price drops in light of a fork seems to be proportional to the success (price and hashrate) of the chain that splits off.

Some examples:

In the case of Bitcoin SV, BSV was more "successful" (price and hashrate) than BCHA. As such, BSV "took more value" from Bitcoin Cash than BCHA did.
Before the BSV fork, BCH was actually 400-600 dollar range. After the fork, the price of BCH dropped considerably. I'd argue the BCH price still hasn't fully recovered from this split.
In contrast to this, BCHA was a very unsuccessful fork (low price and low hashrate). As such, BCHA caused a smaller drop in price to Bitcoin Cash. BCH was also much quicker to recover from it, price-wise.
I believe this same "law" applies with the original BTC and BCH split as well.

Conclusion:

From an economic point of view, this is why it's important to avoid forks and also why it is important to actually dis-incentivize them from happening.

Also posted as a read.cash article

submitted by /u/ColinTalksCrypto
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The funny video about Bitcoin (BTC/BCH)

Posted: 29 Nov 2020 01:20 PM PST

I want to create a video about Bitcoin (both BTC/BCH), where I would like to expose in funny way the Bitcoin Core/Blockstream and BTC maxies statements, some like censorship, high fees, the BTC is not a medium of Exchange, anything else I could go with and use, I would appreciate your ideas.

The basic point of video is to educate in a fun way of BCH advantages, and how BTC is not the original version of Bitcoin by the whitepaper / Satoshi.

submitted by /u/walerikus
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Will bitcoin cash ever hit $1000

Posted: 29 Nov 2020 06:02 AM PST