Coinbase & GDAX just listed Bitcoin Cash, BCash or BCH (naming all to stay politically correct on this matter 😇) on their platform while releasing customer funds from the fork in August at the same time. With Coinbase being the main gate to cryptos for Newcomers right now it´ll get very interesting over the next weeks in my opinion.
I honestly fear that many Newcomers might not know the difference between BCH & BTC so that we end up with a lot of confusion after a certain period of time. That might just be a small issue though after all and only lead to more discussions about the true Bitcoin. At least Coinbase & GDAX tried to clarify this matter by addressing it in their newsletters and updates on the new coin listing.
The more interesting question though is whether we´ll see a huge spark in BCH prices or actually the exact opposite. In my opinion the listing could just lead to a huge demand, especially as it´s easier for people to own a full coin but it could as well lead to a huge dump as many people were just waiting for their BCH to be released. The latter would possibly end up in a soaring BTC price as many could prefer to relocate their money into the Big Daddy.
That Being Said I´m Interested In Your Opinions!
Will We See A Pump Or A Dump within the next Days?
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