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Topic: Bitcoin "cash" - price speculation (Read 4125 times)

legendary
Activity: 1288
Merit: 1087
November 06, 2017, 07:00:27 AM
#83
The only thing that counts right now for this coin is 2x and what's gonna happen.

If 2x goes nowhere i think we're gonna see some people doubling down on their support for this coin.

If you're not sympathetic to the core vision it'll be the next game in town.
legendary
Activity: 1288
Merit: 1087
November 06, 2017, 07:00:27 AM
#82
The only thing that counts right now for this coin is 2x and what's gonna happen.

If 2x goes nowhere i think we're gonna see some people doubling down on their support for this coin.

If you're not sympathetic to the core vision it'll be the next game in town.
newbie
Activity: 77
Merit: 0
November 06, 2017, 06:02:29 AM
#81
Apologies, I'm not up to speed on the latest BCH stats. What's currently the avrg confirmation time and transaction cost? That should give an idea if BCH can distinguish itself from BTC and gain bigger real world adoption. Early-mid October should def be interesting for both BCH and BTC.

The cost of transaction is around 1cent.
member
Activity: 168
Merit: 10
September 22, 2017, 02:54:25 PM
#80
Apologies, I'm not up to speed on the latest BCH stats. What's currently the avrg confirmation time and transaction cost? That should give an idea if BCH can distinguish itself from BTC and gain bigger real world adoption. Early-mid October should def be interesting for both BCH and BTC.
sr. member
Activity: 714
Merit: 250
September 14, 2017, 06:51:05 PM
#79
Bitcoin cash is now still having much depends on trading with BTC. So It need time to grow up.
I think the price will become higher soon. As someone still holding in bccand yes it needs time to grow up since this is new. Well let see at what price bcc will hit in the exchange.
full member
Activity: 658
Merit: 102
September 14, 2017, 05:48:33 PM
#78
I do not believe in the bright future of Bitcoin Cash. This altcoyin received a high starting rate when on August 1 it separated from bitcoin. However, its rate is artificially inflated, has no declared price, and therefore its rate will continue to fall, as it fell even before the general fall of the currency rate.
MV7
full member
Activity: 322
Merit: 107
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
September 14, 2017, 07:09:38 AM
#77
Who is actually using it to buy and sell things?

The silence in response to this question is deafening. Nobody is using it as an actual currency! It is 100% speculative.
I think the price is going to plummet around the time the next fork happens in November. I haven't met anyone that actually uses this coin, and the price is basically pure speculation
member
Activity: 114
Merit: 100
September 14, 2017, 04:38:23 AM
#76
Bitcoin cash is now still having much depends on trading with BTC. So It need time to grow up.
newbie
Activity: 77
Merit: 0
September 14, 2017, 04:35:42 AM
#75
I think bitcoin cash is speculation only because there is no real product. They are not offering anything that you can't already have elsewhere.
But speculation can make price go up and down. The question is one day will it fall and continue falling until it hits $0 ?

Some companies are accepting the Bitcoin Cash now. Bitstamp will start trading Bitcoin Cash by end of this month.
legendary
Activity: 1904
Merit: 1277
September 08, 2017, 08:11:29 AM
#74
I think bitcoin cash is speculation only because there is no real product. They are not offering anything that you can't already have elsewhere.
But speculation can make price go up and down. The question is one day will it fall and continue falling until it hits $0 ?
hero member
Activity: 1148
Merit: 504
September 08, 2017, 03:43:58 AM
#73
My English could be not so good, somehow I think we miscommunicated: I said that some FAKE buying pressure is coming from somewhere, I think this is fake because I can't imagine there are so many noobs (newcomers who want to buy bcc to hold them and hope for the best) or believers (people that can't understand that bcc is a much more inelegant solution than segwit for many reasons). I'm even surprised that so many people are still holding them, I dumped my few bcc on viabtc using futures even before they come on the market. Cannot explain better than that.

I understand what you mean now. I think whoever is buying it doesn't really understand what they're doing. Not the first time its happened I suppose.

1.1 billion dollars volume in the last 24h. As far as I can remember, there wasn't any other altcoin who was pumped so much from the start. I doubt they are all newbies who don't understand what they are doing, there is some heavy manipulation going on. Still, I think we will see it crashing sub 1 bitcent after november

There are some really rich whale pumping it then. I do not think the volume is organic since very few people believe in bch and maybe less who will be willing to spend cash to buy it. Some of the hodlers are those who got it free.
newbie
Activity: 27
Merit: 0
September 08, 2017, 02:27:22 AM
#72
It could gain some value together with btc. Since miners are using their hashpower to mine it, it does have a certain value currently
legendary
Activity: 1666
Merit: 1205
September 08, 2017, 01:54:50 AM
#71
My English could be not so good, somehow I think we miscommunicated: I said that some FAKE buying pressure is coming from somewhere, I think this is fake because I can't imagine there are so many noobs (newcomers who want to buy bcc to hold them and hope for the best) or believers (people that can't understand that bcc is a much more inelegant solution than segwit for many reasons). I'm even surprised that so many people are still holding them, I dumped my few bcc on viabtc using futures even before they come on the market. Cannot explain better than that.

I understand what you mean now. I think whoever is buying it doesn't really understand what they're doing. Not the first time its happened I suppose.

1.1 billion dollars volume in the last 24h. As far as I can remember, there wasn't any other altcoin who was pumped so much from the start. I doubt they are all newbies who don't understand what they are doing, there is some heavy manipulation going on. Still, I think we will see it crashing sub 1 bitcent after november
legendary
Activity: 3010
Merit: 8114
September 07, 2017, 11:46:03 PM
#70
My English could be not so good, somehow I think we miscommunicated: I said that some FAKE buying pressure is coming from somewhere, I think this is fake because I can't imagine there are so many noobs (newcomers who want to buy bcc to hold them and hope for the best) or believers (people that can't understand that bcc is a much more inelegant solution than segwit for many reasons). I'm even surprised that so many people are still holding them, I dumped my few bcc on viabtc using futures even before they come on the market. Cannot explain better than that.

I understand what you mean now. I think whoever is buying it doesn't really understand what they're doing. Not the first time its happened I suppose.
legendary
Activity: 1666
Merit: 1205
September 07, 2017, 05:47:48 PM
#69
I would ask who is actually BUYING it. Millions are coming in everyday, it's not reasonable thinking they are all noobs or belivers. Fake buying pressure is astonishing.

I wouldn't ask myself that. I would ask myself whether it has fundamental solidity and if there is valid reasoning for believing BCH has a future, which it does not. Without any merchant adoption this coin is dead in the water.

The price movement of 3 pumps and 3 sinks leads me to believe it is indeed a massive pump job, like I said, the biggest we've eve seen.

Don't worry I'll return to this thread to rub it in your face when the price sinks below $100 in a matter of months.

My English could be not so good, somehow I think we miscommunicated: I said that some FAKE buying pressure is coming from somewhere, I think this is fake because I can't imagine there are so many noobs (newcomers who want to buy bcc to hold them and hope for the best) or believers (people that can't understand that bcc is a much more inelegant solution than segwit for many reasons). I'm even surprised that so many people are still holding them, I dumped my few bcc on viabtc using futures even before they come on the market. Cannot explain better than that.
legendary
Activity: 3010
Merit: 8114
September 07, 2017, 05:36:33 PM
#68
I would ask who is actually BUYING it. Millions are coming in everyday, it's not reasonable thinking they are all noobs or belivers. Fake buying pressure is astonishing.

I wouldn't ask myself that. I would ask myself whether it has fundamental solidity and if there is valid reasoning for believing BCH has a future, which it does not. Without any merchant adoption this coin is dead in the water.

The price movement of 3 pumps and 3 sinks leads me to believe it is indeed a massive pump job, like I said, the biggest we've eve seen.

Don't worry I'll return to this thread to rub it in your face when the price sinks below $100 in a matter of months.
legendary
Activity: 1666
Merit: 1205
September 07, 2017, 05:21:35 PM
#67
Who is actually using it to buy and sell things?

The silence in response to this question is deafening. Nobody is using it as an actual currency! It is 100% speculative.

I would ask who is actually BUYING it. Millions are coming in everyday, it's not reasonable thinking they are all noobs or belivers. Fake buying pressure is astonishing.
legendary
Activity: 3010
Merit: 8114
September 07, 2017, 05:16:43 PM
#66
Who is actually using it to buy and sell things?

The silence in response to this question is deafening. Nobody is using it as an actual currency! It is 100% speculative.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
September 07, 2017, 07:22:12 AM
#65
so far there is nothing going on so there is no reason to even think about bitcoin cash. but also it is still alive, so you have to keep an eye out for things that can help its pump again.

of course with bitcoin there will always be drama at some point. there can be another spam attack wave. or in a couple of months the drama of SegWit2x hard fork which will most probably help the pump of Bitcoin Cash and possibly even a couple of other altcoins like Dash and ETH.

and the pump of small coins are always so much better. they give the best profit.
sr. member
Activity: 477
Merit: 501
September 07, 2017, 07:03:50 AM
#64
I did not expected that  cash was gonna recover and go to $700 each at the moment, i am so surprised about that, i only expected it to be dumped to $200 at least.
but i see it as a speculate coin, i dont find any features in  cash if i have to be honest, it was only "free money" for those who were holding s.
But lets see how it will keep going, i hope it reachs a higher price, but i have dumped mine at $800
i will not expect any thing from bcc to dump to $200. i think this will not happen in the near future and the price is quite stable and it flows between $500 to $700 and not drop down from $500 and up from $700.
 i hope that you are saying will happen and price dump upto $200 and this will be the perfect oppurtunity for the buyers to invest and fill their bags.
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