BTC vs BCH - Bitcoin cash price predictions for August 2017

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BTC vs BCH - David Hay giveS his Bitcoin cash price predictions for August 2017.

In my opinion the bitcoin cash fork that happend on August 1st will hurt both BTC and BCH. The upgrades offered to the bitcoin network by bitcoin cash seem small and I am unsure why the bitcoin cash fork needed to happen at all.

For now I am enjoying my free bitcoin cash and treating it like free money. I plan to wait a few weeks and once I am confident that my original bitcoins are safe from a replay attack I will sell my bitcoin cash and trade it back to bitcoin. Hey who doesn't like to earn free bitcoin for doing nothing?

How to get free bitcoins.
If you left your bitcoins on an exchange like coinbase you are screwed, sorry but no free bitcoin cash for you my friend. If you stored it in a wallet then you automatically have new tokens on the BCH network. If you are feeling brave with your new found wealth you margin trade it and YOLO.

I think one exchanges start accepting bitcoin cash deposits there will be a rush to sell which will cause a panic and a crash. If a crash happens and there is not much mining power to secure it then a 51% attack seems possible. If that happens I think it will needlessly damage bitcoins reputation.

To find out more about bitcoin cash visit https://www.bitcoincash.org/

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