Daily Crypto News + Guide to the Mysterious Number Indicator
Maybe the government just wants to get in on this Bitcoin Cash action! Probably not.
The question, is Bitcoin Cash going to cause a crypto recession or a renaissance? Or both?
There seems to be a general consensus that the price of Bitcoin will rally sometime before August 1 and will than proceed to take a dump of a lifetime. The reality if that most of us probably don't have any meaningful information about this event, and about half of us will be right about something.
Oh, and this isn't the first time this type of event has happened. When Ethereum has its split, a lot of people dumped their Ethereum Classic. I'm not trying to say that you should hold onto your Bitcoin Cash when you get it, what I'm saying is that it will likely not go away overnight.
So, what will be the price of Bitcoin Cash after the split? I don't know...but...