BCH dumped but why hasnt BTC moved - page 2.

worthy1

full member

Activity: 187

Merit: 102

Quote from: roomfirst on August 02, 2017, 07:50:34 PM

Actually the price of BCH is increased so hard today, the price is like up to 82% right now. On the other hand, the price of bitcoin is decreased a bit today. I'm curious though, will BCH price will be same like BTC price or even BCH price will more expensive than bitcoin price ? But i'm sure BCH will go down someday.

I watched BCH skyrocket up over $1000 yesterday, I believe it reached $1300 odd so I don't think $450 is an increase? although not sure what price it dumped to, it will be hard for it to push today as people will worry it is going to dump again.

landslide

sr. member

Activity: 616

Merit: 251

All BCH tradings are IOU tradings, the BCH is blocked? 5 hours no block? Need to see if it survives.

roomfirst

sr. member

Activity: 516

Merit: 250

Quote from: worthy1 on August 02, 2017, 06:22:42 PM

So seeing as though everyone (the majority) seemd to say they were going to sell their BCH and buy more BTC then why has BTC stayed down and even down more than it was yesterday?

Where did every ones BCH profits go if not to BTC or are we attributing this to Polo

Actually the price of BCH is increased so hard today, the price is like up to 82% right now. On the other hand, the price of bitcoin is decreased a bit today. I'm curious though, will BCH price will be same like BTC price or even BCH price will more expensive than bitcoin price ? But i'm sure BCH will go down someday.

worthy1

full member

Activity: 187

Merit: 102

That's was my point. It is slightly down on the last 24hours and hasn't made a turn for support since August 1st yet. Alts seem to be down in the last 24hours to

Fourgh

member

Activity: 196

Merit: 10

Quote from: worthy1 on August 02, 2017, 06:22:42 PM

So seeing as though everyone (the majority) seemd to say they were going to sell their BCH and buy more BTC then why has BTC stayed down and even down more than it was yesterday?

Where did every ones BCH profits go if not to BTC or are we attributing this to Polo

Bitcoin's price is slowly gliding down by the minute.
Wonder if it would be a good idea to sell immediately before it goes on a free fall again.

jamesclark

full member

Activity: 308

Merit: 100

Don't think BCC is dumped, price pretty strong sometimes, although I am wondering if it is real.

ladydark

hero member

Activity: 686

Merit: 500

Quote from: worthy1 on August 02, 2017, 06:22:42 PM

So seeing as though everyone (the majority) seemd to say they were going to sell their BCH and buy more BTC then why has BTC stayed down and even down more than it was yesterday?

Where did every ones BCH profits go if not to BTC or are we attributing this to Polo

Since most of exchanges do not support BCC,BCC holders were unable to sell it for some quick cash.So,pumpers continue to pump it.BCC is just an altcoin.BTC continues to be the king and BCC is in no way substitute to bitcoin.

CryptoBoomers

full member

Activity: 168

Merit: 100

Another thing to consider is people getting their bcc/bch, cashing it in for btc, then cashing that in for fiat as a simple cash bonus taking some profit incase btc does infact dip.

I've been watching swings since 2013 so seeing a few hundred bucks doesn't scare me - seeing a few hundred bucks during such an expected volatile time where we're all expecting moon or bust, reassures me unexpectedly. So in THIS particular time yeah I'm calling it stable (for now).

worthy1

full member

Activity: 187

Merit: 102

Or is it we have become complacent with the swings of BTC, remember a couple of months ago it wild drop $200-$300 and people would be panicking thinkings its going to crash, lately its been normal and with a $300 drop since BCH we are now calling that holding steady.

I guess post BCH and post people gaining more BTC I would have thought we would see a price rise, not a slight dip, to show it is truly king and get the rise people were predicting would happen post August 1

CryptoBoomers

full member

Activity: 168

Merit: 100

The trading was done through an alt-pair not fiat, and btc being much stronger of the pair it made the BCC price swing vs BTC - so despite ppl owning more BTC it wasn't a real factor in the fiat/overall prices or value going up. It IS interesting all around though - compounded with the fact that nobody wanted to do much with their BTC during the risky time (you can see by the volumes mostly being low bar to bar on charts), and with deposit/withdrawal warnings everywhere, it still managed to not swing too much in either direction. I'm proud of you BTC, hodling steady through the shitstorm.

galactica

newbie

Activity: 28

Merit: 0

Most ppl still have not had the opportunity to sell BCH yet with wallets frozen and all.

worthy1

full member

Activity: 187

Merit: 102

Yup I get that seems to be peoples feelings but with the amount airdropped and those confident after BCH is dumped BTC would fly then I would have thought we would of seen that by now, not BTC being down even more since that dump

Iris Linus

member

Activity: 71

Merit: 10

Well it's just an artificial pump.

The real deal is Bitcoin and we all know where it's headed.

Bitcoin Cash? Just another altcoin.

worthy1

full member

Activity: 187

Merit: 102

So seeing as though everyone (the majority) seemd to say they were going to sell their BCH and buy more BTC then why has BTC stayed down and even down more than it was yesterday?

Where did every ones BCH profits go if not to BTC or are we attributing this to Polo

Topic: BCH dumped but why hasnt BTC moved - page 2. (Read 1303 times)