All users received an email from Coinbase this past week stating that they will support Bitcoin Cash January 1st 2018

As we all know a recent fork occurred that split Bitcoin into Bitcoin and Bitcoin Cash. All users that had BTC on Coinbase before the fork receive 1 Bitcoin Cash per BTC, making it an even split.

Bticoin Cash hit $1470 on Bittrex but is now at $265

Obviously the initial release inflated the price heavily, however the price is down quite a bit...probably just a healthy correction..

Some say Bitcoin Cash will fizzle out others say it will replace Bitcoin, can both coexist?

Comment below your opinion!

I am not a professional advisor and this is not something you should put all your money into. I am not responsible for any gains or losses this is just an opinionated article about what I think could happen.

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