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Does BCH FUD Make It BULLISH? Bitcoin Cash Halving, Developer Fund Tax

On January 22, 2020, it was introduced {that a} funding plan (the Mandatory Funding Plan) had been privately agreed upon by the BCH Mining Group and will likely be applied on May 15, 2020 along with the subsequent protocol improve of the BCH community.

It was said the Mandatory Funding Plan is proposed as a result of BCH protocol builders would not have ample funds to help their continued infrastructure work; in consequence, the BCH group has been discussing how one can pay for the sustained protocol improvement work wanted for the BCH community.

The BCH Mining Group introduced that the Mandatory Funding Plan is meant to final 6 months, till November 15, 2020, and can divert roughly USD $6 million value of BCH cash from miner block rewards to a brand new Hong Kong company which might then present funding to BCH builders.

No particulars have been offered about who controls this new Hong Kong-based company or who will determine how one can spend the BCH cash raised from the 12.5% pressured contribution by miners.

Roger Ver and TAAL, a Canadian mining agency have withdrawn their help from the Developer Tax Proposal for Bitcoin Cash.

Also Bitcoin Cash Halving is Around the nook and due to excessive payment and low reaward many predict BCH chain to develop into a lot weaker.

However Dobe4Ever, a BCH supporter thinks the market will act opposite to the sentiment, believes that is all simply FUD and nice features are anticipated from BCH and stated to us “I find probable that BCH would be half of the price of BTC in the coming bull market”

References:

Hash War Looms as Bitcoin Cash Tax Drama Explodes

https://www.ccn.com/hash-war-looms-as-bitcoin-cash-tax-drama-explodes/

THE BITCOIN CASH DEV TAX IS A COLOSSAL MISTAKE

https://bitcoinist.com/why-the-bitcoin-cash-dev-tax-is-a-colossal-mistake/

Bitcoin.com withdraws from Bitcoin Cash proposal to divert a part of block rewards to dev fund

https://www.theblockcrypto.com/linked/54204/bitcoin-com-withdraws-from-bitcoin-cash-proposal-to-divert-part-of-block-rewards-to-dev-fund

Bitcoin Cash Dev Tax Still Might Go Live Despite Roger Ver Revokes Support

https://asumetech.com/bitcoin-cash-dev-tax-still-might-go-live-despite-roger-ver-revokes-support/

https://bitcoinist.com/canadian-mining-firm-rejects-bitcoin-cash-tax/

Bitcoin Cash Halving

https://www.coingecko.com/en/explain/bch_halving

BCH halving FUD

https://twitter.com/danheld/status/1188817899647127558

Dobe4Ever is bullish on Bitcoin Cash predicts $4k BCH

https://twitter.com/altcoinbuzzio/status/1222787992806481921

Litecoin Mining Tax?

https://sahiwal.tv/blockchains-miners-and-taxes-how-to-finance-development/

Zcash to terminates the previous Founders reward mannequin

https://cointelegraph.com/news/zcash-community-approves-new-mining-reward-distribution-scheme

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Does BCH FUD Make It BULLISH? Bitcoin Cash Halving, Developer Fund Tax

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23 Comments

  1. Lets not forget that Dobe was also a vocal bitconnect shill till the very end. She pushed being a contrarian on "bcc fud" right up to the point where she pulled her funds out after peddling the pyramid scheme to her followers. Though I respect her analysis on long term technicals I would advise caution when considering her assessments of crypto projects and fundamentals.

  2. Bitcoin2 is now $2.28ea better hurry before it's too late. BTC2 is undervalued and can be purchased on Crex24 and Birake exchange. Stack💰💰 and 😎 going to the 🌙 HODL

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