Topic: Bitcoin Cash Drops From $2800 to $1300 - page 2. (Read 1770 times)
Price today is $1000, it's been going down at steady pace this week, wouldn't be surprising to see $900 this weekend. It will probably get a surge in the price once BTC hits 8k but i don't think BCH is going to reach the price we saw last week (with all the FUD and artificial pump) that only helped a group of greedy individuals whose goal was to profit after manipulating the BCH users.
I think it should be. The miners were determined to return to BTC again as difficulty increased.
That was just a game plan as they swegit2 was cancelled and big investors who were planing to get a lot of profit from it were disappointed. they started pumping the BCH and also many people were waiting for the bitcoin cash pump and this was the best time. They pumped so high and dumped it within hrs making a lot of profit by handful of people leaving many people in cry and shocked who started to buy it at high price thinking this is the next bitcoin.
As you can see, the development of Bitcoin cash is just a pump by whales and sharks. It can not overtake Bitcoin.
I think it should be. The miners were determined to return to BTC again as difficulty increased.
Longterm BCH is done for, it won't be replacing anything and the tactics over the last couple of weeks have been appalling. Short term there'll be many trading opps I suspect, calling them right won't be easy.
The pump and dump game benefited a few and brought great loss to majority. Those who bought Bitcoin Cash at $2400 and were waiting for it to hit at least $3000 to sell are now nursing their losses and praying for another increase. However, the whales who spread the rumour and bought massively into Bitcoin Cash are now enjoying their profits.
You need to invest in a token you trust. Otherwise, the instability with some of these coins will bring losses especially if you do not have the patience to wait for increased value. The market is stabilizing and BTC is going back to $7000.
You need to invest in a token you trust. Otherwise, the instability with some of these coins will bring losses especially if you do not have the patience to wait for increased value. The market is stabilizing and BTC is going back to $7000.
As what most wise traders do "never catch a moving train". I can feel the FOMO that time as I was also monitoring it. I was a bit worried on my bitcoins as many are already spreading rumors that bch will be replacing bitcoin. I think we are on our way to up to $8,000 or we may encounter some dips but we should not be hitting below $6,000 again.
BTC will easily hit $8k however it corrects itself a minimum of once per month by 20-30% - so the assumption that you won't hit below $6k is folly.
If anything, it has been more volatile as of late and more frequent corrections have been occurring.
Meanwhile - a week since the pump and BCH has yet to hit sub $900 and almost all pumper dumper money has been pulled out (from $2billion to $700million) expect BCH to move up once BTC corrects itself - again.
A coin with a huge capitalization appeared from nothing, what chance is there for repeating the scenario with a pump and dump?
I think in the near future we will see something like this
I think in the near future we will see something like this
Certainly, we will see reiteration of this in near future. I'm 99% sure.
Ver can easily manipulate the price.
They will not leave this question.
A coin with a huge capitalization appeared from nothing, what chance is there for repeating the scenario with a pump and dump?
I think in the near future we will see something like this
I think in the near future we will see something like this
The pump and dump game benefited a few and brought great loss to majority. Those who bought Bitcoin Cash at $2400 and were waiting for it to hit at least $3000 to sell are now nursing their losses and praying for another increase. However, the whales who spread the rumour and bought massively into Bitcoin Cash are now enjoying their profits.
You need to invest in a token you trust. Otherwise, the instability with some of these coins will bring losses especially if you do not have the patience to wait for increased value. The market is stabilizing and BTC is going back to $7000.
You need to invest in a token you trust. Otherwise, the instability with some of these coins will bring losses especially if you do not have the patience to wait for increased value. The market is stabilizing and BTC is going back to $7000.
As what most wise traders do "never catch a moving train". I can feel the FOMO that time as I was also monitoring it. I was a bit worried on my bitcoins as many are already spreading rumors that bch will be replacing bitcoin. I think we are on our way to up to $8,000 or we may encounter some dips but we should not be hitting below $6,000 again.
The pump and dump game benefited a few and brought great loss to majority. Those who bought Bitcoin Cash at $2400 and were waiting for it to hit at least $3000 to sell are now nursing their losses and praying for another increase. However, the whales who spread the rumour and bought massively into Bitcoin Cash are now enjoying their profits.
You need to invest in a token you trust. Otherwise, the instability with some of these coins will bring losses especially if you do not have the patience to wait for increased value. The market is stabilizing and BTC is going back to $7000.
You need to invest in a token you trust. Otherwise, the instability with some of these coins will bring losses especially if you do not have the patience to wait for increased value. The market is stabilizing and BTC is going back to $7000.
This is just dump and pump drama from Chinese guys behind bitcoin cash. As you know Bitcoon cash was born in China with ViaBTC which closed now by Gov.
So they pump it to take profit, it's useless and very new coin in market.
It will never can replace Bitcoin
So they pump it to take profit, it's useless and very new coin in market.
It will never can replace Bitcoin
the price is drops and i think big whales is leaving the coins and trying to search another coins. but i think we can still makes a profit from bitcoin cash because i see the price is up and down too often and its tempting people to do trade this coin. maybe if we buy bitcoin cash when the price is drop then we only hold it for a long time then in someday the price can increase again although if its increase, i don't think that the price will be like before. i still have bitcoin cash in my wallet and not selling all my coin and i think i still waiting the other time to see the price is back.
still a good coin for spotting trading oppoortunities in my opinion, now i am waiting it to fall under the 0,15 mark versus btc to rebuy and wait like did last time.
i do not think it will go back to 0,6 because a lot of people entered high and are waiting for a recovery: there is a limit to the loss one can take. i will bet for minimum value around 0,11 - 0,13
It's a Whale game and normal people burning process.
Whale made rumor that bitcoin cash is better that bitcoin.
And the community also spread the fud among many groups.
It was obvious for bitcoin cash to fall.
Whale made rumor that bitcoin cash is better that bitcoin.
And the community also spread the fud among many groups.
It was obvious for bitcoin cash to fall.
The only ones who are probably coming out with profit are Ver and his friends.
Once coinbase/gdax release people's bcash, it will go down even more. It's a shit coin run by scammer millionaires who are dying of greed for more money. It's sad that so many people follow them and fall for their tricks.
the price is drops and i think big whales is leaving the coins and trying to search another coins. but i think we can still makes a profit from bitcoin cash because i see the price is up and down too often and its tempting people to do trade this coin. maybe if we buy bitcoin cash when the price is drop then we only hold it for a long time then in someday the price can increase again although if its increase, i don't think that the price will be like before. i still have bitcoin cash in my wallet and not selling all my coin and i think i still waiting the other time to see the price is back.
Forget the BCH, a disappointment seems very clear. Bitcoin holders transfer their assets to BCH. before they arrested him to get B2x but segwit in cancel. Finally they pump BCH.
I just wait for them to throw it at the bottom.
I just wait for them to throw it at the bottom.
Bitcoin Cash has fallen from $2,800 to $1,300, the global cryptocurrency exchange market has stabilized to a certain extent, with Ethereum retaining its spot as the second largest cryptocurrency behind bitcoin. While the trading volume is still exceedingly high at over $26 billion, given the major correction of Bitcoin Cash in such a short period, it seems as if the current trend of bitcoin leading the market and Ethereum being the distant second will continue in the mid-term.
Most probably. The attempt of Bitcoin Cash was very strong, it successfully replaced not just Ethereum but also Bitcoin in terms of volume. And it replaced Ethereum in the second cap in terms of Market Cap. But because the attempt to reach the top was not a real one, it naturally ended immediately. And the fall that followed was a hard one. I think it sends a message to Bitcoin Cash to remain on its spot.
Bitcoin Cash has fallen from $2,800 to $1,300, the global cryptocurrency exchange market has stabilized to a certain extent, with Ethereum retaining its spot as the second largest cryptocurrency behind bitcoin. While the trading volume is still exceedingly high at over $26 billion, given the major correction of Bitcoin Cash in such a short period, it seems as if the current trend of bitcoin leading the market and Ethereum being the distant second will continue in the mid-term.
I think this was always likely to happen though it would not surprise me to see bitcoin cash make another run at second spot in the near future. With the current market caps its price would only have to reach about $2000 to bring it alongside ethereum. If bitcoin doesn't resolve its problems going forward then bitcoin cash will only grow stronger.
Ofcourse it will goes down after the biggest manipulation pump. I dont understand why people never learned and still traped in this situation. FOMO is real...no fundamental growth for bch and thats what makes me think it will goes sub $1000. I hope you all learn something after the past week tragedy. Dont be greedy and patient is the key for everything to be worked..
Jump to: