Thursday 3 August 2017

#4 The Rise of Bitcoin Cash - Where is the Value?

It's never a dull moment in the world of Bitcoin and cryptocurrencies, this week we see the official release of Bitcoin Cash, and with it, the constant questions regarding its value. Bitcoin Cash is a result of a hardfork from Bitcoin, brought about by fundamental ideals regarding the right way to manage the currency. To answer the question of value, one needs to understand why this currency exists, how it technically differs to Bitcoin, and how liquid is it (as determined by the exchanges). We hope you enjoy this latest podcast, feel free to subscribe and share. Contact us at info@analysisinchains.com for any questions you have.
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2 comments:

  1. Nathan Williams4 August 2017 at 10:18

    Fun fact: The day after this podcast was published, I received an email from Coinbase telling me a few important details:

    1. They were concerned that their systems would not safely support BitcoinCash the day it was released
    2. Holders of Bitcoin in their Coinbase account now have an equivalent amount of Bitcoin Cash as well. They just cannot withdraw it from their bitcoin wallet.
    3. Coinbase will be adding support for BitcoinCash which is expected to be live by Jan 1, 2018. Once it's live, customers will be able to withdraw their BitcoinCash to their own wallets.

    I assume it was because they heard this podcast and wanted to make it right. So we did it! You're welcome.

    ReplyDelete
    Replies
    1. Nathan Williams4 August 2017 at 10:34

      And in case that wasn't clear, it was a mass email... they didn't write to me personally. I'm not that special.... YET!

      Delete

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