First Cash, Now Gold? Another Bitcoin Hard Fork Is on the Way
is it TRUE?
This was also my question few days ago. Don't really have much knowledge about fork but I just hope this will bring something that is advantageous for BTC holders just like what happened last fork.
The fork on august 1 produces btc cash as a result. Bitcoin price becomes high after the fork because investors saw that it is a good time to buy btc at that time since it is very cheap making the bitcoin cash less popular and holders of it jist sell it for a lower price than the market dictates. The fork on november will produce bitcoin gold and I doubt that it will affect the bitcoin price as I see the market the trend of market now.