Sentences with phrase «altcoins after the hard fork»
Since Bitcoin has been through numerous hard forks in the last couple months and only the Segwit2x fork remains, we can expect to see the same pattern in price movements emerge where the price of Bitcoin will keep rising until November 14, 2017 and then the growth will trickle into altcoins after the hard fork has taken effect.
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Ethereum classic has emerged as one of the most popular altcoins since its big brother ether executed a hard fork on the blockchain after the DAO hack in July 2016.
This pattern is very similar to what we saw before the August 1, 2017 hard fork which led to the creation of Bitcoin Cash, where altcoins saw significant losses leading up to the hardfork and saw the growth in price after the fork.