Do you think fork makes bch prices go down

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Announcement Regarding the Upcoming Bitcoin Cash (BCH) Hard Fork
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Michael Longoria
Monday at 18:39
Bitcoin Cash (BCH) will be undergoing a network protocol upgrade on November 15, 2020 at approximately 4:00 AM PT (12:00 PM UTC).

In connection to the protocol upgrade, there has been a proposed chain-split between the two main BCH clients, Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN), making this a hard fork that may result in a chain split and additional token.

Bittrex will plan to support the chain with the most mining pool support as “Bitcoin Cash” with the BCH ticker.  At the time of posting, the BCHN client has the majority of mining pool support.

Bittrex will take the following steps in preparation for the BCH fork:

BCH wallets will be closed for deposit and withdrawal on November 14 at 12:00 PM PT (8:00 PM UTC)
A snapshot will be taken of user balances at the time of the fork – November 15 at approximately 4:00 AM PT (12:00 PM UTC)
The BCH wallet will remain closed until the hard fork is complete and it is deemed safe to open. Trading will remain active during this time.
Following completion of the hard fork, Bittrex will evaluate and review the BCHA token for listing. In the event Bittrex lists BCHA, only the BCH held on your account during the on-exchange snapshot may be eligible for BCHA chain split tokens.

The Bittrex BCH on-exchange snapshot completion will be Tweeted from the @BittrexExchange Twitter account.

We will not recover incorrectly made cross chain deposits under any circumstance due to the lack of replay protection.

 

For more information about our token listing process visit:

https://support.bittrex.com/hc/en-us/articles/360000475411-How-do-I-submit-a-token-to-Bittrex-for-listing-

To review our policy on forks, airdrops and promos go to:

https://support.bittrex.com/hc/en-us/articles/115001919932-Claims-Stakes-Promotions-Giveaways-and-Airdrops

 

Further information:

Bitcoin Cash Mining Pool Support: https://cash.coin.dance/blocks

Bitcoin Cash Node - https://gitlab.com/bitcoin-cash-node/bitcoin-cash-node

Bitcoin Cash ABC - https://github.com/Bitcoin-ABC/bitcoin-abc

Follow live: https://cash.coin.dance/

Should take a few days. Some exchanges have already split both - Depends on exchanges.

During the morning hours before fork activation, the crypto trading exchange Coinex changed the futures market from BCHN and BCHA to BCH and BCHA to represent the split. At the time of publication, spot prices for Bitcoin Cash (BCH) on Coinex are $243 per unit while ABC’s airdrop token is $15.82 per unit. On Poloniex the ABC airdrop is swapping for $14 against USDT pairs, and on Coinflex ABC is trading for $11 per unit.

Is there any info how much is maximum BCHA?

All Bitcoin forks are counterfeit derivatives of original bitcoin (BTC).

Including, Bitcoin Cash, BCH, BCHN, BCHA, ABC, BSV etc.


Bitcoin is BTC at https://bitcoin.org

Since when did you get appointed Satoshi's spokeswoman?

And yes, it all started with 'devs' wanting allowing them to be 'better' than Satoshi, ... or Gavin

None of them really made deep efforts to see and understand what was initial deliverd - and why

So basically Amaury just killed the golden goose and is now busy searching for the remaining golden eggs inside those measly 7 blocks since the fork.

I can see why you felt the importance of pointing this out.

Now that these forks/counterfeits/competing versions are out there, isn't the 'ugly' scenario Satoshi referred to,  virtually inevitable in the long-run ?

The problem (probably unforseen) has always been that a fork effectively creates a large number of holders with a significant stake in supporting both chains, in the same way that airdrops kick start projects. I'm not sure how that can be democratically mitigated.