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RE: The Hardfork will happen: Bitcoin Cash, SegWit2x, ViaBTC and why I want a Bitcoin chain split.
Great, clearly written post. There's uncertainty everywhere I look and as a small scale miner (I've only got four GPUs) I need to decide what to do with the hash power I've got pointed at nicehash, because my chosen local exchange (where I can liquidate to FIAT if I choose) won't be supporting the same side of the chain as nicehash.
I think the volatility caused by this has been factored into the price of LTC, and perhaps ETH but I think we will see utter chaos in the short term as people say "this is the dominant chain", "no this is the dominant chain"; It is hard to get reliable and accurate news about the upcoming changes to the chains, and thank you for clearly (and accurately) sharing information about the chain split.
Well you want to make sure you own your private keys.
The LTC BTC, BTC ETH, and BTC BCC pairs will be the ones to see the rocky waters.
I will be sure to keep everyone updated on the bigger picture - you are right, the propaganda "my chain is the dominate" will be there. Although you can't fake hashrate. So it will be pretty clear where the POW is. Same with the exchange rates.
Definitely. The inherent volatility with the BTC/USD pairing will also impact all alts naturally due to the way in which they are traded against BTC on all major exchanges.
Very interesting times ahead. :)
Yeah for sure!