Bitcoin cash? More like bitcoin crash! - page 3.

jc89

sr. member

Activity: 364

Merit: 250

Quote from: Boat4Sale on August 01, 2017, 03:34:09 PM

Everyone is just claiming their BCH and trading into BTC lol Grin

Well, since they have the opportunity to claim BCH for free, why not claim it and then convert it to Bitcoin to gather more profit, right? We already concluded that BitcoinCash will be a failure before it even exist. Bitcoin will always have the majority of support in the cryprocurrency world and BCH will stay as a shitcoin.

Kemikal

newbie

Activity: 27

Merit: 0

afterwards they will really cash it out and take the free cash as most of us really doesn't care about this project but free money is not bad at all.
[/quote]

"Free Money"? Where does that come from?

Lionidas

hero member

Activity: 1008

Merit: 1012

Quote from: Boat4Sale on August 01, 2017, 03:34:09 PM

Everyone is just claiming their BCH and trading into BTC lol Grin

According to this tweet: https://twitter.com/ElectrumWallet/status/892433256385261568

"It seems a BCC Electrum server that returns a peer list poisoned with BTC servers can cause Electron Cash clients to switch to the BTC chain"
10:14 AM - 1 Aug 2017
From the Electrum wallet company.

It seems that there was a error with the transition which didn't recognize the bcc coins and had the equivalent of them shown as btc on the blockchain.
Doesn't that mean they received btc instead of bcc?
If so then double win for those that this happened too! Grin

Adbitco

hero member

Activity: 1428

Merit: 653

Leading Crypto Sports Betting & Casino Platform

Quote from: Frost on August 01, 2017, 05:14:31 PM

Even I think bitcoin cash is not worth to holding, it's better to sell it now before its price falls hard.
I'm not sure the price of bitcoin cash will increase.

I'm of the same opinion. Bitcoin cash might stay in the market for some time but it doesn't have any speciality for it to survive for long eventually it has to be dumped. Bitcoin cash doesn't have a good team of dev and nor does it have a good number of supporters. So I agree bitcoin cash is soon going to prove as bitcoin crash.

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

I haven't checked any of the exchanges yet, is it trading on all of them?
This was an interesting experiment that I didn't gain anything from; I traded
all my bitcoin for Dash a few days ago. Ooops. But this thing was doomed
from the start, from what I've seen. There seems to be so little support for
it, just ridicule.

Not surprising at all if it crashed. I'm not on a computer where I can check
the price. Where's BCC/BCH at?

shintosai

hero member

Activity: 756

Merit: 500

Quote from: anonppcoin on August 01, 2017, 05:42:15 PM

Quote from: pdpanzer on August 01, 2017, 05:40:48 PM

Quote from: Frost on August 01, 2017, 05:14:31 PM

Even I think bitcoin cash is not worth to holding, it's better to sell it now before its price falls hard.
I'm not sure the price of bitcoin cash will increase.

The facts are these: 14,000 traded their BCC so far. There are about 20,000,000 BCC in the world. I don't see the whales, nor anyone else, dumping BCC at all. Where are the 19,986,000 BTC holders not yet selling any penny of BCC? Will it crash or go to $10,000? Maybe it will crash. But so far, only 14,000 coins have spoken, and BCC is available on 30 pairs now across 10 or more exchanges.

They aren't selling because deposits are frozen and the truly smart people kept ownership of their private keys.

afterwards they will really cash it out and take the free cash as most of us really doesn't care about this project but free money is not bad at all.

anonppcoin

newbie

Activity: 48

Merit: 0

Quote from: pdpanzer on August 01, 2017, 05:40:48 PM

Quote from: Frost on August 01, 2017, 05:14:31 PM

Even I think bitcoin cash is not worth to holding, it's better to sell it now before its price falls hard.
I'm not sure the price of bitcoin cash will increase.

The facts are these: 14,000 traded their BCC so far. There are about 20,000,000 BCC in the world. I don't see the whales, nor anyone else, dumping BCC at all. Where are the 19,986,000 BTC holders not yet selling any penny of BCC? Will it crash or go to $10,000? Maybe it will crash. But so far, only 14,000 coins have spoken, and BCC is available on 30 pairs now across 10 or more exchanges.

They aren't selling because deposits are frozen and the truly smart people kept ownership of their private keys.

pdpanzer

newbie

Activity: 56

Merit: 0

Quote from: Frost on August 01, 2017, 05:14:31 PM

Even I think bitcoin cash is not worth to holding, it's better to sell it now before its price falls hard.
I'm not sure the price of bitcoin cash will increase.

The facts are these: 14,000 traded their BCC so far. There are about 20,000,000 BCC in the world. I don't see the whales, nor anyone else, dumping BCC at all. Where are the 19,986,000 BTC holders not yet selling any penny of BCC? Will it crash or go to $10,000? Maybe it will crash. But so far, only 14,000 coins have spoken, and BCC is available on 30 pairs now across 10 or more exchanges.

bitcoinvestor

hero member

Activity: 812

Merit: 501

Quote from: ChinkyEyes on August 01, 2017, 04:49:51 PM

When it reaches a stable point, it will be profitable to buy it and hold it long term.

Hold for long term, I agree may be 10 years later that is long term. WHile bitcoin can be 10.000 USD ten years later. I think I will hold bitcoin better than fake bitcoin.

Frost

hero member

Activity: 602

Merit: 508

Even I think bitcoin cash is not worth to holding, it's better to sell it now before its price falls hard.
I'm not sure the price of bitcoin cash will increase.

btc_angela

hero member

Activity: 2660

Merit: 551

Who cares, the consensus of most of the members here is that it will fail. Most are just cashing it out because its free. Maybe its profitable to hold, just like ETH/ETC.

Quote from: yoseph on August 01, 2017, 04:46:25 PM

That Alt Coin was doomed to fail from the start, Even Bitmain who brought up the concept of the split didn't even eventually support it at all. It was unfortunate that I wasn't able to get some and cash it out to bitcoins.

LOL. Bitmain thought that it will not survived at the long run that is why they decided not to support it.

Quote from: ChinkyEyes on August 01, 2017, 04:49:51 PM

When it reaches a stable point, it will be profitable to buy it and hold it long term.

Maybe yes, maybe no. Of course because of the greediness of some people, they may hold it for long term and see how it goes.

ChinkyEyes

sr. member

Activity: 687

Merit: 301

When it reaches a stable point, it will be profitable to buy it and hold it long term.

yoseph

sr. member

Activity: 868

Merit: 266

That Alt Coin was doomed to fail from the start, Even Bitmain who brought up the concept of the split didn't even eventually support it at all. It was unfortunate that I wasn't able to get some and cash it out to bitcoins.

Boat4Sale

newbie

Activity: 50

Merit: 0

Everyone is just claiming their BCH and trading into BTC lol Grin

Topic: Bitcoin cash? More like bitcoin crash! - page 3. (Read 2172 times)