ETC Price Going up - HardFork Soon. Difference between Fork and Split In This Post for Newbies!

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·@kingscrown·
0.000 HBD
ETC Price Going up - HardFork Soon. Difference between Fork and Split In This Post for Newbies!
Bitcoin lately has loads of forks and.. chain splits. On various boards i have noticed people dont understand the difference.
<a href="http://fuk.io/binance"><img src="https://i.imgur.com/VxjVHnC.png"></a>
A fork in code is just a change of code thats crucial and needs everyone to update. Loads of coins have hardforks (ie STEEM) yet they dont split into new coins.
<a href="http://fuk.io/binance"><img src="https://i.imgur.com/H2bdq9z.png"></a>

So if you hear a coin is having a fork, it DOES NOT mean you will get new coins for free. It may just be upgrade.

If there is fork and chain SPLIT then you get the coins. Examples are: Bitcoin and BitcoinCash, BitcoinGold or ZCL and ZEN or ETH and ETC.

So when you hear a coin is gonna fork or hardfork, stop thinking it means you will get new coins. Most coins never spread just have fixes.


Currently ETC will have a fork, but it wont split (unless someone wants to make suck split).
<a href="http://fuk.io/binance"><img src="https://i.imgur.com/CnRwnQS.png"></a>

So ETC is raising in price now, but not because you will get x2 coins free but becuase network will work better or in this case - have less mining rewards.


## ETC Markets
<a href="http://fuk.io/binance"><img src="https://i.imgur.com/c8QYAS9.png"></a>

You surely see arbitrage options now. I would say check [Binance](http://fuk.io/binance) and [BitFinex](http://fuk.io/bitfinex) (esp in USD) vs others.


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    <th><h1> Follow, Resteem and VOTE UP <a href="/@kingscrown">@kingscrown</a> creator of <a href="http://fuk.io" rel="noopener">http://fuk.io</a> blog for 0day cryptocurrency news and tips!</h1></th>
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