Bitcoin Cash On Coinbase - Will Newcomers Know The Difference?
Coinbase & GDAX just listed Bitcoin Cash, BCash or BCH (naming all to stay politically correct on this matter 馃槆) on their platform while releasing customer funds from the fork in August at the same time. With Coinbase being the main gate to cryptos for Newcomers right now it麓ll get very interesting over the next weeks in my opinion.
I honestly fear that many Newcomers might not know the difference between BCH & BTC so that we end up with a lot of confusion after a certain period of time. That might just be a small issue though after all and only lead to more discussions about the true Bitcoin. At least Coinbase & GDAX tried to clarify this matter by addressing it in their newsletters and updates on the new coin listing.
The more interesting question though is whether we麓ll see a huge spark in BCH prices or actually the exact opposite. In my opinion the listing could just lead to a huge demand, especially as it麓s easier for people to own a full coin but it could as well lead to a huge dump as many people were just waiting for their BCH to be released. The latter would possibly end up in a soaring BTC price as many could prefer to relocate their money into the Big Daddy.
That Being Said I麓m Interested In Your Opinions!
Will We See A Pump Or A Dump within the next Days?
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