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Buy or Sell? What Traders Think About Tomorrow’s Bitcoin Cash Fork

Cryptocurrency NewsNov 14, 2018 10:15PM ET
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All eyes are on the bitcoin cash (BCH) blockchain ahead of a scheduled technical upgrade tomorrow.

While it's a process that the world's fourth-largest blockchain by market capitalization undergoes every six months, at which point it asks all users operating the software to upgrade to a newer version, there's a twist this time around. Specifically, a deep contention over the cryptocurrency's technical direction finds itself embroiled in.

While previous forks have been supported en masse by bitcoin cash developers and miners, there are now marked differences of opinion between supporters of two main versions of the software – Bitcoin ABC and Bitcoin SV – over the future the direction of the code's specific features (Bitcoin SV, most notably, would continue boosting the software's block size).

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Buy or Sell? What Traders Think About Tomorrow’s Bitcoin Cash Fork
 

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