You may have come across news that Bitcoin was going to be forked and that a new currency "Bitcoin Cash" was being introduced. The change was scheduled to go live on August 1. And it did.
Several questions immediately come to mind. "What's a fork ?"; "What happens to my Bitcoins?"; "What's Bitcoin Cash". Since I knew nothing about any of this, I looked to the experts and they were able to answer all of the questions. I'll allow them to answer your questions.
August 1 BITCOIN FORK Explained!
BTC and BTC Cash Explained! What Should You Do?
The mainstream media too covered the event. For the lay-person. Here's NBC News' take.
Why Did Bitcoin ‘Fork’ Today and What is ‘Bitcoin Cash?’
http://www.nbcnews.com/business/consumer/why-bitcoin-forking-today-what-bitcoin-cash-n788581
Still want to know more ?
Bitcoin Fork Explained | When Will Bitcoin Fork?
Every new event is a threat. And an opportunity. Here's a take on how you can capitalize on this opportunity. A bit late to capitalize, but interesting to know.
How To Capitalize on The Bitcoin Fork
And for those of you who are interested in a detailed explanation, this is a great video.
Bitcoin Fork? What is Bitcoin Cash? What should You do?
And for those who don't yet know what finally did happen, here's the good news. Everyone gained. Today Bitcoin (BTC) hit its all time high and was trading at US$ 3,255. Bitcoin Cash, the currency Bitcoin holders got at a 1:1 ratio was trading at US$ 218.96. A huge win-win for all crypto-currency holders and specifically Bitcoin holders.
Several questions immediately come to mind. "What's a fork ?"; "What happens to my Bitcoins?"; "What's Bitcoin Cash". Since I knew nothing about any of this, I looked to the experts and they were able to answer all of the questions. I'll allow them to answer your questions.
August 1 BITCOIN FORK Explained!
BTC and BTC Cash Explained! What Should You Do?
The mainstream media too covered the event. For the lay-person. Here's NBC News' take.
Why Did Bitcoin ‘Fork’ Today and What is ‘Bitcoin Cash?’
http://www.nbcnews.com/business/consumer/why-bitcoin-forking-today-what-bitcoin-cash-n788581
Still want to know more ?
Bitcoin Fork Explained | When Will Bitcoin Fork?
Every new event is a threat. And an opportunity. Here's a take on how you can capitalize on this opportunity. A bit late to capitalize, but interesting to know.
How To Capitalize on The Bitcoin Fork
And for those of you who are interested in a detailed explanation, this is a great video.
Bitcoin Fork? What is Bitcoin Cash? What should You do?
And for those who don't yet know what finally did happen, here's the good news. Everyone gained. Today Bitcoin (BTC) hit its all time high and was trading at US$ 3,255. Bitcoin Cash, the currency Bitcoin holders got at a 1:1 ratio was trading at US$ 218.96. A huge win-win for all crypto-currency holders and specifically Bitcoin holders.
No comments:
Post a Comment