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Learn more about BC hard forks:


Hard forks happen all the time here in crypto land. They’re not always dramatic because they don’t always result in the splitting of that cryptocurrency’s community, but these kinds of splits do happen. Our first introduction to this kind of emotional crypto divorce happened when Ethereum made some decisions that led to the creation of Ethereum Classic. Last year we saw Bitcoin split and birthed Bitcoin Cash, and after that we saw what seemed like a million other versions of Bitcoin split off as well, like Bitcoin Gold, Bitcoin Private Bitcoin Platinum, and the list goes on.
On November 15th the crypto crowd is now waiting to see what will happen when Bitcoin Cash hard forks. If you care about this one, here’s what you should know about the hardfork as well as some things to be aware of if you’re considering investing in Bitcoin cash in the next couple days.

This Bitcoin cash hard fork is happening because there has been a split in the Bitcoin Cash community which has been represented in the forms of Roger Ver with Bitcoin ABC and Craig Wright with his Bitcoin SV. It could be that Craig Wright has had his eyes set on a split like this happening far before it was actually announced. These assumptions are stemming from the fact that this new competitor, that is Bitcoin SV, which is the chain that Craig Wright is very vocally supporting, ties in very nicely with what his company Nchain has been working towards, that is his Teranode protocol and 1 terabyte sized blocks.

I am choosing not to venture down that rabbit hole of crypto drama. Instead I would much rather focus on what’s actually happening with the Bitcoin Cash blockchain, which side the miners have been signaling, how the futures tokens have been trading leading up to this split and which exchanges will be supporting this new chain.

Cutting right to the chase, the miners are going to want to chose the chain that will be most profitable. We could talk all day about which side has more miners backing it, but this can easily and quickly switch. There’s another interesting thing that’s been going on and that’s the trading of these BCHABC and BCHSV IOU tokens which are trading on Poloniex and HitBTC. This often happens before anticipated hard forks and it is an indication of the future price of the coins involved.

There are a lot of people who think it’s logical to purchase Bitcoin Cash now just to take advantage of getting some free coins. The thing is, those coins aren’t free. The increased volume has created a BCH price hike. You’re essentially paying a premium for the sake of getting a coin who’s future price is unknown. Not to mention the fact that BCH will no doubt see a down turn after the fork. Not to mention the fact that we’re seeing this split in a bear market, a market where people are hungry for any kind of return.

In a time when most seasoned traders have scaled back from making risky trades, the volume we’re seeing in BCH preceding this fork is either an indication of improved sentiment, or evidence of traders who are about to learn a hard lesson.

If you’re wondering which exchanges have announced they will be supporting the new Bitcoin SV chain, I’ve found the following list:Also, be aware that the BitPay wallet will not support Bitcoin SV.

I want to wrap up this video with these thoughts, take a look at the situation like this, the political components, on one side we have Roger Ver with Bitcoin ABC. On the other side there’s Craig Wright and Bitcoin SV. If ever there was a question of whether or not specific individuals, which is the epitome of centralization, have the ability to influence a cryptocurrency, this is it. And quite frankly, the fact that one of these chains will be called “Satoshi’s Vision”, it’s laughable.



  1. Yeah I'm totally going towards the project with the man that wants to crush all coins and hold miners hostage, great leadership skills Craig Wright. Somehow I feel Batman needs to handle this situation.

  2. Invest in Bitcoin Cash ? The war that's going on is going to be ugly. Who in their right mind will stick around to see how this is all going to work out ? Bitcoin ABC doesn't have enough hashing power. They're going to get polverized. Put your money in something safer and wait for the hurricane to pass.

  3. You have it backwards, the reason there is drama is because it's the least centralized crypto and while I don't support what CSW is doing, being named Satoshis Vision is quite apt being the closest to the original bitcon.. Also it wasn't even known who Roger would support, it could have been the 3rd option of Bitcoin Unlimited but that's beside the point, he has always been about pushing adoption of whatever is the best option to bank the unbanked, whatever crypto that may be.

  4. Love your insights and videos. I’m currently on vacation and haven’t been paying too much attention to crypto or making videos but I still do check in your channel to get my crypto fix. ?

  5. what if i have 0.10 bitcoin cash in my account bticoin abc and bitcoin sv both ll be placed in my account equal to my 0.10 bch — 0.10 bchAV 0.10 bchABC same? sorry for my bad english

  6. Good video! Very informative! Thanks!

    PS – on the subject of centralization I noticed that a UK political figure Tommy Robinson has been banned from PayPal (hate speech I believe ), and he’s urged his supporters to send donations in Bitcoin!

  7. You keep telling me to check back in a few months like things will be all golden roads for this crypto crap. Well, it’s been over a year now and this wonderful fake money has done nothing but tank. Still hanging on to those dreams of crypto fortune? Lol! Said hundreds of times already, crypto is a COMPLETE WASTE OF MONEY! I’m telling ya, you’d be alot better off just sending me your money, and I’ll quadruple it for you, but then it’s mine. Same thing.


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