Bitcoin Cash Halving in a few hours

The Bitcoin Cash Halving in the immediate vicinity. Here, the Block Reward, so what is to get the Miner to Find a block in the network as a reward is halved from one to the next Block. The Event, which will take place in the case of Bitcoin, the first in 34 days, could have for Bitcoin Cash (BCH) completely different consequences.How will respond to the course? The Bitcoin for Cash network is safe?

Bitcoin Cash Halving in a few hours

All are looking forward to the Bitcoin Halving contrary. This regular Event, which is every 210,000 blocks (approximately 4 years) is held, which has led in the past, in retrospect, to a price explosion. For here is a sustainable cut in half the offer amount of new BTC. In the case of a constant or even increasing demand, we are currently experiencing, it could result in the long term, to a demand overhang and thus the course in the direction of the North press.The current focus on the most important crypto-currencies of all, the well – known Forks of BTC – Bitcoin, Cash and Bitcoin SV-almost into oblivion. We have already written a few days ago, on the assessment of the Halving on the two crypto currencies will affect, and what consequences it might have for Bitcoin.Trade on the worlds leading Social Trading platform!Join the millions of people who have already discovered how it smarter to invest by copying the best investors in our Community, or be copied and as a result, a second income can be achieved. Start now!

The end for BCH?

Currently we can observe in the case of BCH and BSV strong price increases. Both have risen to a degree that you can outperform BTC currently even. This is certainly to the upcoming Halvings, which are already priced in. In the case of Bitcoin, SV the Halving takes place only in 35 hours. If the current rate of development is sustainable, is currently difficult to assess. But it may happen that the Bitcoin Cash Halvings even takes place, a strong sell-off. We were able to observe, at least at Litecoin (LTC) Halving last year quite well.As Bitcoin is Cash only has a fraction of the Hashrate of BTC, you could also get the network security in danger. Currently, BCH has a hash rate of 3.98 U/s and thus approximately 3.6% of the Hashrate of Bitcoin. The fact that the halving takes place at BTC in a month could change a lot of BCH Miner now, by the early halving to Bitcoin, around here the last few months, the Block Reward of 12.5 BTC to be safe, before it is reduced to 6.25 BTC per Block.It remains to be seen whether or not the price is maybe pumped artificially to the top, in order to motivate the Miner to continue to be sufficient, so that the network is adequately protected. If the Hashrate should, nevertheless, break of which is currently expected, then it could be for Bitcoin Cash uncomfortable. We are excited to see how the Bitcoin Cash Halving the impact on the BCH course, and whether the security ultimately is sufficient to protect the network from attacks. We will keep you posted.62 % of private CFD accounts lose money. No EU investor protection.What will be the impact, in your opinion, the Bitcoin Cash Halving the crypto-currency?Come on in to our Telegram Chat and talk with the experts and the Community!
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(Image source: Shutterstock)The versions in this article, no trade recommendations or investment advice.

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