the price continues to fall
"fall" to $590?
For some reference... at the time of the Chinese ICO "ban" BCC was at 13000000sats
At the time of this posting of "price continues to fall" BCC is at 13700000sats
So as you can see, according to some users (bek77) "price continues to fall" is the equivalent of "up 700ksats or 700,000sats or up 0.007BTC since the announcement of the China ICO ban..."
some interesting observations and perceptions and conclusions made from said observations.
*~0.127BTC/~$555
Were you making some point?
Just pointing out you either had a typo or your data source was wrong.
Can you be more specific to the typo? BCC is currently at .1369 sats and was below .130 sats at the time the China ICO ban came to news... I fail to see the error but it's early and I just started my coffee
aah you must be citing "coinmarketcap" well, those prices become valid when they offer a platform to trade at those prices, the prices I listed were realtime trading prices at an exchange that had transactions occurring at those values. Or is it something else still?
So basically you're over inflating the prices you are using intentionally
or picking and choosing your low and high point sources to spin a half truth that fits your narrative.
That is the conclusion you make? That from the actual trading prices I'm intentionally picking low and high? Seriously?
You cited a platform that DOESN'T ALLOW TRADING AT THE PRICE YOU CITE, even now BCC is listed at ~$550 on coinmarketcap, where are they selling it for that price may I ask? At Bittrex (where trading actually happens) it is currently selling for $580.
Look in a mirror
So tell me again, is BCC currently trading at, below, or above the price it was when China announced they are banning ICOs?
My whole point was in rebuttal to "the narrative" that BCC is falling... because it isn't.... even amid the China FUD it is holding higher, but you are spinning my rebuttal to somehow foster your untruths.
FYI CMC is a volume weighted average from exchanges (places that people buy and sell coins), its not just random numbers pulled out of thin air. You can find numbers from whatever corner of the internet you like to fit your narrative but if you want to talk market trends look at the whole market, the current trend right now is down.
If you really feel aposed to looking at the market as a whole at least look at high volume exchanges, the top 3 trading BCH/BTC pairs are Bitfinex, Huobi and Bittrex all of which are trending down in the last couple of days.
I'm not against people who feel like BCH is something they like but spin doctoring to try and build support from people who dont know any better isn't a good look IMO and I will call it out when I see it
