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.
Topic: Bitcoin "cash" - price speculation (Read 4125 times)
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.
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.
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.
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.
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. 
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.
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.
Bitcoin cash is now still having much depends on trading with BTC. So It need time to grow up.
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 ?
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.
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 ?
But speculation can make price go up and down. The question is one day will it fall and continue falling until it hits $0 ?
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.
It could gain some value together with btc. Since miners are using their hashpower to mine it, it does have a certain value currently
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
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.
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.
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.
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.
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.
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.
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.
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.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 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.
I'm holding BCH mainly because I am worried about a conspiracy theory I read a few weeks ago which seems plausible, especially now watching some of these Chinese miners mining BCH at a loss. Long story short, there are some big BTC holders and Chinese miners that want to try to crush BTC and replace it with BCH. My 1 BCH is my insurance policy, should that happen later this year. It sux, because I'd love to dump my BCH now at a profit.
I think bch still has a chance to reach at the price of 1000 dollars again, 
but it will still be very long
but it will still be very long
BCC Cash was dropping and it is now like to seek new higher base price,
I am not really accumulating it now,
it may be a good idea to buy it and HODL.
I am looking for more update, good thread
I am not really accumulating it now,
it may be a good idea to buy it and HODL.
I am looking for more update, good thread
interesting that this has been moved to the alt section....theymos has spoken
Every coin that is not bitcoin is an altcoin. This altcoin is different only because it is attempting to cash in on the good name of bitcoin (no pun intended).
Bitcoin Cash, separated from bitcoin on August 1, although it has a high cost, but its support will not be permanent. It is better to get rid of this coin. Moreover, given the above, his course continues to fall. If you continue to hold it, you can lose money
Agreed 100%. Its the biggest altcoin pump job we've ever seen -- but not much more. Who is actually using it to buy and sell things?
Bitcoin Cash, separated from bitcoin on August 1, although it has a high cost, but its support will not be permanent. It is better to get rid of this coin. Moreover, given the above, his course continues to fall. If you continue to hold it, you can lose money
I'm also saying this before but its value now isn't joking. There are bitcoin miners that shift to BCH now because its favorable to them. I remember before the fork I keep on saying that this coin is useless but if you are up to profit taking, this will give you a good shot. 
Bitcoin Cash, separated from bitcoin on August 1, although it has a high cost, but its support will not be permanent. It is better to get rid of this coin. Moreover, given the above, his course continues to fall. If you continue to hold it, you can lose money
its beginning to look like there is a correlation between BCH rising and BTC falling.
It's too early to say for the long term. In the short term, this is what I expected. I figured that Roger Ver and company just needed to prop price long enough until BTC finally had a correction. Once BTC corrects in one of these massive rallies (not the crash, but a correction), it's often time to look at alts. And the most interesting alt right now is BCH, since it's new and hasn't been pumped.
interesting that this has been moved to the alt section....theymos has spoken
Not surprising. Most of the BCH threads are eventually getting moved. But after seeing the "Theymos's list of altcoins with some technical merit" thread that he started a few days ago... maybe the guy is coming around to altcoins a bit!
Do you mean we are not allowed to discuss Bitcoin Cash in the altcoin section?
its beginning to look like there is a correlation between BCH rising and BTC falling.
It's too early to say for the long term. In the short term, this is what I expected. I figured that Roger Ver and company just needed to prop price long enough until BTC finally had a correction. Once BTC corrects in one of these massive rallies (not the crash, but a correction), it's often time to look at alts. And the most interesting alt right now is BCH, since it's new and hasn't been pumped.
interesting that this has been moved to the alt section....theymos has spoken
Not surprising. Most of the BCH threads are eventually getting moved. But after seeing the "Theymos's list of altcoins with some technical merit" thread that he started a few days ago... maybe the guy is coming around to altcoins a bit!
https://coinmarketcap.com/currencies/bitcoin-cash/#markets
why isn't anyone here mentioning or discussing that the korean won is leading this market by far?
it's nearly impossible for foreigners to get money in there so it's koreans themselves. why do they have such a boner for it?
why isn't anyone here mentioning or discussing that the korean won is leading this market by far?
it's nearly impossible for foreigners to get money in there so it's koreans themselves. why do they have such a boner for it?
those Korean markets mostly have zero fees for trading and all are reporting fake volumes and that is why they are staying up there. this is the same story as the Chinese exchanges up until last year before the Public Bank of China rained down upon them and closed their asses down until they were regulated and now they have small volumes.
this pump i suppose has so little with them though.
it is just the difficulty reduction thing with all the advertising that they have been doing so far. they even mined 1 fake 8 MB block to make the news
I have been waiting for the miners reaction for BCC after I claimed the airdrops. Just sold a bit at 0,2 BTC and keeping the rest for 0,5.
may be bch is altcoin ,so what ,i think holding btc and bch is the best choice.
I agree. I have been holding since I claimed them.
However, I bought some too, and sold today. Got a quick profit, due to the pump.
I have bought some BCC. I converted 60% of my BTC to BCC. I might buy more.
its beginning to look like there is a correlation between BCH rising and BTC falling.
Also looks like a head and shoulders forming on the 15min BCH chart - bullish (whatever your opinion on the politics)
Also looks like a head and shoulders forming on the 15min BCH chart - bullish (whatever your opinion on the politics)
Yup. But if you're a hardcore Bitcoin maximalist, what you should be worried about is the Chinese miners following where they could make more profit. If enough power is taken out from BTC, it could be catastrophic.
If miners leave BTC to BCH we are screwed. Without miners no BTC, no party.
interesting that this has been moved to the alt section....theymos has spoken
its beginning to look like there is a correlation between BCH rising and BTC falling.
Also looks like a head and shoulders forming on the 15min BCH chart - bullish (whatever your opinion on the politics)
Also looks like a head and shoulders forming on the 15min BCH chart - bullish (whatever your opinion on the politics)
may be bch is altcoin ,so what ,i think holding btc and bch is the best choice.
I agree. I have been holding since I claimed them.
However, I bought some too, and sold today. Got a quick profit, due to the pump.
may be bch is altcoin ,so what ,i think holding btc and bch is the best choice.
https://coinmarketcap.com/currencies/bitcoin-cash/#markets
why isn't anyone here mentioning or discussing that the korean won is leading this market by far?
it's nearly impossible for foreigners to get money in there so it's koreans themselves. why do they have such a boner for it?
they also led the final blowoff of ethereum by a significant margin too.
this means that all bets are off for the top. i'm not sure how great their understanding is at the best of times but they may not care in the slightest about the bcash/btc ratio.
why isn't anyone here mentioning or discussing that the korean won is leading this market by far?
it's nearly impossible for foreigners to get money in there so it's koreans themselves. why do they have such a boner for it?
they also led the final blowoff of ethereum by a significant margin too.
this means that all bets are off for the top. i'm not sure how great their understanding is at the best of times but they may not care in the slightest about the bcash/btc ratio.
I imagine crypto being an easy way for 'capital flight' and the threat of war on the Korean peninsula may have something to do with their current 'boner' for all forms of crypto.
https://coinmarketcap.com/currencies/bitcoin-cash/#markets
why isn't anyone here mentioning or discussing that the korean won is leading this market by far?
it's nearly impossible for foreigners to get money in there so it's koreans themselves. why do they have such a boner for it?
they also led the final blowoff of ethereum by a significant margin too.
this means that all bets are off for the top. i'm not sure how great their understanding is at the best of times but they may not care in the slightest about the bcash/btc ratio.
why isn't anyone here mentioning or discussing that the korean won is leading this market by far?
it's nearly impossible for foreigners to get money in there so it's koreans themselves. why do they have such a boner for it?
they also led the final blowoff of ethereum by a significant margin too.
this means that all bets are off for the top. i'm not sure how great their understanding is at the best of times but they may not care in the slightest about the bcash/btc ratio.
As of now the price of the bitcoincash is 500 dollars plus AND i think before end of this year 2017 possible price of bitcoin cash is 1000 dollars. But we dont know what the exact price of this coin it only depends in the demand of the market if the price down or increasw but I hope itwill increase so I can make profit. Many people dont believe in bitcoincash but me I believe in this coin but not 100 percent . My 100 percent trust is to bitcoin for me.
If I were Jihan Wu, and I wanted to change the narrative re: Segwit vs. hard forks, that's how I'd play it.
that's the only reason this coin was created by him anyway. expect increasing fireworks as november gets closer.
I don't believe it's a possible thing to happen this year mate, because bitcoin cash is not stable like bitcoin and it just appeared lately after the fork. Investors was just diverting their doubts to bitcoin cash unlike bitcoin, the demand always increases day by day and fluctuates at minimal stages, so we already seen the reason why it was created due to segwit vs hard forks which created a lot of fears on most incoming investors who wanted to demand for bitcoin investments.
If I were Jihan Wu, and I wanted to change the narrative re: Segwit vs. hard forks, that's how I'd play it.
that's the only reason this coin was created by him anyway. expect increasing fireworks as november gets closer.
Bitcoin cash has really picked up heat in the past day, as I can see on coin marketcap it's up by 80% so it's a huge gain and now I think that bitcoin cash is gaining momentum by increasing interest of Others.
Ah, my decision to hold is paying off!
Most were so confident that selling at .06-.08 BTC was a steal. Same mindset as ETH supporters before the ETC accumulation and pump. This could make things a bit more interesting. Significantly higher prices means mining profitability has significantly improved. That gives Bitmain a good excuse to start pointing some of its hash power at it, maybe gradually more and more. If I were Jihan Wu, and I wanted to change the narrative re: Segwit vs. hard forks, that's how I'd play it.
Well so far BCH has the third largest volume on Polo
At least for now they are in the first place, we will see in one week
and remains resolutely on $300US.
And the price is $613.67, You just had good money.
Bitcoin cash has really picked up heat in the past day, as I can see on coin marketcap it's up by 80% so it's a huge gain and now I think that bitcoin cash is gaining momentum by increasing interest of Others.
yea BCH is much more rare than Bitcoinsegwit
I think that many coins of bitcoin cash will never be touched because their owners don't know that they exist, or don't know how to get them.
From that point of view Bitcoin cash could become a rare coin.
And everything that is rare has its price.
That's why I expect bitcoin cash will have a place under the top altcoins.
From that point of view Bitcoin cash could become a rare coin.
And everything that is rare has its price.
That's why I expect bitcoin cash will have a place under the top altcoins.
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
in other words BCash is a centralized manipulated altcoin which is getting pumped by a handful of billionaires. this is what your statement means anyways!
and i weep for the day that such thing is called "bitcoin" or even considered an option by real people!!!
Supporting a coin doesn't mean control. Having deep pocketed individual/organization supporting a coin is good for stability.
Lol no he doesn'y just support BCH he is the mind behind the whole plan to bring down Bitcoin core, which includes BCH. He is actually in control of pretty much the entire network.
BCh will reach parity before the end of august.
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
in other words BCash is a centralized manipulated altcoin which is getting pumped by a handful of billionaires. this is what your statement means anyways!
and i weep for the day that such thing is called "bitcoin" or even considered an option by real people!!!
Supporting a coin doesn't mean control. Having deep pocketed individual/organization supporting a coin is good for stability.
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
and those criteria are an absolutely superb reason to never go anywhere near it. the rest of the world is supposed to be turned on by that? mom and pop and pension funds will entrust their money to those people?
Do you think that if bitcoincash is successful those will be the ONLY ones backing it? Don't forget that there are about 16 million coins out there, and lots of whales decided to keep their BCH, "just in case".
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
and those criteria are an absolutely superb reason to never go anywhere near it. the rest of the world is supposed to be turned on by that? mom and pop and pension funds will entrust their money to those people?
Agreed that BCH is being pumped, nothing more. Its just another altcoin. No merchants are suddenly gonna focus on adopting BCH as a method of payment. It won't be purchaseable on Coinbase, and it won't be traded at any major exchange (just the minor ones). Don't get suckered into just another form of altcoin pump. This one just happens to cash in on the good name of bitcoin.
Overstock are accepting it (along with other alts). I've no doubt others will follow if it looks like the low fee big block thing is taking off.
Agreed that BCH is being pumped, nothing more. Its just another altcoin. No merchants are suddenly gonna focus on adopting BCH as a method of payment. It won't be purchaseable on Coinbase, and it won't be traded at any major exchange (just the minor ones). Don't get suckered into just another form of altcoin pump. This one just happens to cash in on the good name of bitcoin.
Ver and Jihan and their minions pump it. What they are looking for are stupid buyers they can dump on.
I mean someone has to be the baholder for that crap right?!
And with the profit Ver and Jihan will have made they will give us even more hard times in the future to progress Bitcoin.
For them it will be a personal thing, it maybe already is.
Agreed that BCH is being pumped, nothing more. Its just another altcoin. No merchants are suddenly gonna focus on adopting BCH as a method of payment. It won't be purchaseable on Coinbase, and it won't be traded at any major exchange (just the minor ones). Don't get suckered into just another form of altcoin pump. This one just happens to cash in on the good name of bitcoin.
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
in other words BCash is a centralized manipulated altcoin which is getting pumped by a handful of billionaires. this is what your statement means anyways!
and i weep for the day that such thing is called "bitcoin" or even considered an option by real people!!!
I definitely sympathize with the anti-BCH sentiment. There's no scaling solution provided by creating 8MB bloat blocks, and without Segwit, implementing the Lightning Network is unlikely to happen. I'll definitely keep supporting Core.
But I also think it makes sense to hedge your bets. Since BCH is not only an airdrop, but one that comes with a 1:1 distribution rate to BTC, there's no reason not to hold some. There seems to be big money accumulating at these prices, despite how crazy that seems.
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
in other words BCash is a centralized manipulated altcoin which is getting pumped by a handful of billionaires. this is what your statement means anyways!
and i weep for the day that such thing is called "bitcoin" or even considered an option by real people!!!
price doubled in last 24 hours....discovery or cynical pump?
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
BSegwit has the legitimacy factor, but their actions are destroying their credibility. Once BSegwit lose credibility, they do not have to funds to fight against BCash. As I said, BCash backers can drop BSegwit to $1000 if they wanted, they are just waiting for a good time to do so.
Don't bother people here don't want to hear the truth.
price doubled in last 24 hours....discovery or cynical pump?
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
BSegwit has the legitimacy factor, but their actions are destroying their credibility. Once BSegwit lose credibility, they do not have to funds to fight against BCash. As I said, BCash backers can drop BSegwit to $1000 if they wanted, they are just waiting for a good time to do so.
I'd prefer parity at $4K
Bitcoincash has just mined it's first 8MB block:
https://blockchair.com/bitcoin-cash/block/479469
37,814 transactions included in the block
https://blockchair.com/bitcoin-cash/block/479469
37,814 transactions included in the block
The average BCH block barely breaks 100kb. It's nice they finally were able to spam a block full, perhaps next time they should do this testing before its deployed live.
price doubled in last 24 hours....discovery or cynical pump?
BCash is destined to achieve at least 1:1 parity with BSegwit, the people backing BCash has very deep pockets, much more so than BSegwit. Jihan Wu and Roger Ver alone, has several billion dollar in BTC+Fiat at their disposal, and these are just 2 backers of BCash.
BSegwit has the legitimacy factor, but their actions are destroying their credibility. Once BSegwit lose credibility, they do not have to funds to fight against BCash. As I said, BCash backers can drop BSegwit to $1000 if they wanted, they are just waiting for a good time to do so.
price doubled in last 24 hours....discovery or cynical pump?
Bitcoincash has just mined it's first 8MB block:
https://blockchair.com/bitcoin-cash/block/479469
37,814 transactions included in the block
Fee total 0.36267884 BCC* 106.99 USD
Fee per kB 0.00004535 BCC* 0.01 USD
Hopefully this will persuade people to use BCC to send money - fees are low, and the blocks can cope with large volumes.
https://blockchair.com/bitcoin-cash/block/479469
37,814 transactions included in the block
Fee total 0.36267884 BCC* 106.99 USD
Fee per kB 0.00004535 BCC* 0.01 USD
Hopefully this will persuade people to use BCC to send money - fees are low, and the blocks can cope with large volumes.
Well so far BCH has the third largest volume on Polo and remains resolutely on $300US.
Someone seems to like it....the miners perhaps?
We can't say the current price of bitcoincash is stable because its network is not stable till now and in which direction market will move is quite uncertain.Someone seems to like it....the miners perhaps?
With huge bull run on bitcoin in this august, I don't think bitcoincash can hold that $300+ price for long time.
I am expecting a huge dump in few more days when bitcoin will cross $5k.
There was supposed to be a dump yesterday when Poloniex members got their coins, and it didn't happen. My guess is that deep pockets are buying to keep it steady at $300.
The network is pretty stable, blocks now being found every 14 minutes (up from every 20 minutes a few days ago):
https://bitinfocharts.com/comparison/bitcoin%20cash-confirmationtime.html
interesting link...thanks
Crapcash is just a political tool of bitmain to push their agenda. Its a 100% speculative shitcoin like hundreds others out there. There are other shitcoins that do what crapcash does better. The price relative to BTC may indeed go up in the coming weeks or months but once bitmain tires of supporting it, its done. If enough BTC whales dump on it, its done. Its not a coin that will survive in any meaningful way. Its no real threat to Bitcoin.
Well so far BCH has the third largest volume on Polo and remains resolutely on $300US.
Someone seems to like it....the miners perhaps?
We can't say the current price of bitcoincash is stable because its network is not stable till now and in which direction market will move is quite uncertain.Someone seems to like it....the miners perhaps?
With huge bull run on bitcoin in this august, I don't think bitcoincash can hold that $300+ price for long time.
I am expecting a huge dump in few more days when bitcoin will cross $5k.
There was supposed to be a dump yesterday when Poloniex members got their coins, and it didn't happen. My guess is that deep pockets are buying to keep it steady at $300.
The network is pretty stable, blocks now being found every 14 minutes (up from every 20 minutes a few days ago):
https://bitinfocharts.com/comparison/bitcoin%20cash-confirmationtime.html
Well so far BCH has the third largest volume on Polo and remains resolutely on $300US.
Someone seems to like it....the miners perhaps?
We can't say the current price of bitcoincash is stable because its network is not stable till now and in which direction market will move is quite uncertain.Someone seems to like it....the miners perhaps?
With huge bull run on bitcoin in this august, I don't think bitcoincash can hold that $300+ price for long time.
I am expecting a huge dump in few more days when bitcoin will cross $5k.
I sold my BCC at 220$ mark and never regret about that decision/ May be closer to November we will see 400 or even 500, but I really don't believe in BCC.
This. Given that there are 16 million coins out there, the price has remained remarkably steady. So steady you could use it as an actual currency because there are no wild swings from day to day.
i'd say there's far less supply and always will be. many people won't bother claiming them, others will be unaware. lots have already gone into whale hands and more will follow.
In which case it's a far more deflationary coin than BTC?
This. Given that there are 16 million coins out there, the price has remained remarkably steady. So steady you could use it as an actual currency because there are no wild swings from day to day.
i'd say there's far less supply and always will be. many people won't bother claiming them, others will be unaware. lots have already gone into whale hands and more will follow.
I'm pretty sure that whales are quietly accumulating at this BCH price level and will continue. Then one day, out of nowhere, they will likely pump the crap out of BCH.
Why? Completely for the lulz.
Why? Completely for the lulz.
This. Given that there are 16 million coins out there, the price has remained remarkably steady. So steady you could use it as an actual currency because there are no wild swings from day to day.
BCash is really the more old school Bitcoin. Does any old school Bitcoiner actually like BSegwit and the path CORE is leading to?
The old school Bitcoiners are very quiet, mostly just Roger Ver leading the front.
But I wouldn't underestimate their strength, they have a lot of Bitcoin to burn, if they wish. They can probably drop BSegwit's price to $1000 in a week, and prop up BCash to be 1:1 parity with BSegwit. It's going to be interesting times.
The old school Bitcoiners are very quiet, mostly just Roger Ver leading the front.
But I wouldn't underestimate their strength, they have a lot of Bitcoin to burn, if they wish. They can probably drop BSegwit's price to $1000 in a week, and prop up BCash to be 1:1 parity with BSegwit. It's going to be interesting times.
Up or down from the current 300USD
for the near future i expect the same price more or less with possibly some drops as dumps happen.
after it, specially with bitcoin rise slowing down at some point in the future, it can get pumped. and i am actually expecting a very widespread (spam)advertising of BCC as the spam attack on bitcoin starts to get severe again (the spam attack has already started and mempool is big again).
on top of it we have the 2 MB hard fork which will be Aug 1st crap all over again...
I'm pretty sure that whales are quietly accumulating at this BCH price level and will continue. Then one day, out of nowhere, they will likely pump the crap out of BCH.
Why? Completely for the lulz.
Why? Completely for the lulz.
Absolutely.
And there is also this to consider..
https://steemit.com/bitcoin/@belerophon/the-black-swan-that-could-turn-bitcoin-upside-down
Not accurately a black swan event (which is something completely unforeseen) but more of an exploration of a 'what if'...nevertheless a timely reminder that the network is run on personal self-interest.
I don't know if this is being considered an 'alt' or not -- i've stopped following all the crypto squabbling.
I've put it here since to my mind its still part of BTC - like some sort of crazy uncle who you nly see at Christmas.
No doubt mods will move if they disagree.
Anyway, I have noticed that I've magically been credited some BCH on Polo which is an extra $1K bonus.
Should I hodl or is it doomed?
Up or down from the current 300USD
I've put it here since to my mind its still part of BTC - like some sort of crazy uncle who you nly see at Christmas.
No doubt mods will move if they disagree.
Anyway, I have noticed that I've magically been credited some BCH on Polo which is an extra $1K bonus.
Should I hodl or is it doomed?
Up or down from the current 300USD
What i am sure is you are not the only one who receive bitcoin cash on Poloneix and i'm sure people will sell all their bitcoin cash soon and makes the bitcoin cash price fall again, if i were you, i will sell all the bitcoin cash. It's 1k usd man, cash it out and enjoy it before you late.
I'm pretty sure that whales are quietly accumulating at this BCH price level and will continue. Then one day, out of nowhere, they will likely pump the crap out of BCH.
Why? Completely for the lulz.
Why? Completely for the lulz.
i am convinced that his will actually happen. and we will be helping it actually, probably unknowingly.
we think the scaling debate is over and we are out of the blue, but in fact we have a SegWit2x drama on the horizen waiting to cause all the problems one more time. and as core devs will reject it by that time and a huge percentage of miners are behind it, there will be a lot of drama and like before a big window of opportunity for everything else to get pumped.
they have always used the disagreements in bitcoin to their own advantage so far, and this won't be new either.
The price is going to go up just like any other Alt coin. Whether or not it will be more profitable to hold BCH over BTC, it's too early to tell. Me personally, I sold half of my BCH for instant BTC and holding the rest for speculative purposes.
I'm pretty sure that whales are quietly accumulating at this BCH price level and will continue. Then one day, out of nowhere, they will likely pump the crap out of BCH.
Why? Completely for the lulz.
Why? Completely for the lulz.
I think most people who got their free Bitcoincash have already the coin and converted them to Bitcoin. This is the reason why BCH is not making a big headway as compared to Bitcoin though there is no question that as of now the coin is also holding on to its value. I have no problem with BCH and I am thanking it for the free money I got (just a little by the way!).
Well so far BCH has the third largest volume on Polo and remains resolutely on $300US.
Someone seems to like it....the miners perhaps?
someone backing it up and you can guess by yourself who it is. the BCH so far goes the opposite direction what BTC price have done, the value still remains there, even gets dumped in the value equivalent to BTC.Someone seems to like it....the miners perhaps?
it's a free coin, no one suffer from loss I guess but only the traders.
Well so far BCH has the third largest volume on Polo and remains resolutely on $300US.
Someone seems to like it....the miners perhaps?
Someone seems to like it....the miners perhaps?
Dump bitcoin cash and buy bitcoin, the bitcoin even stronger than ethereum, and that makes to hold the bitcoin cash will be worthless. Congratulation for you to get the extra money from bitcoin cash.
But bitcoin is only the best choice right now.
But bitcoin is only the best choice right now.
I don't know if this is being considered an 'alt' or not -- i've stopped following all the crypto squabbling.
I've put it here since to my mind its still part of BTC - like some sort of crazy uncle who you nly see at Christmas.
No doubt mods will move if they disagree.
Anyway, I have noticed that I've magically been credited some BCH on Polo which is an extra $1K bonus.
Should I hodl or is it doomed?
Up or down from the current 300USD
I've put it here since to my mind its still part of BTC - like some sort of crazy uncle who you nly see at Christmas.
No doubt mods will move if they disagree.
Anyway, I have noticed that I've magically been credited some BCH on Polo which is an extra $1K bonus.
Should I hodl or is it doomed?
Up or down from the current 300USD
I am not a fan of BCC but I know that there are a lot of users of this new altcoin that get their parts and sold it immediately in some exchanges. They just treat BCC as stepping stone to earn some bitcoin.
In terms of holding it, I prefer you dump it because there are some infos bitcoin cash being a scam coin and the one supporting it is just making a say to earn more money. Better dump it and earn your bitcoins through it.
I don't know if this is being considered an 'alt' or not -- i've stopped following all the crypto squabbling.
I've put it here since to my mind its still part of BTC - like some sort of crazy uncle who you nly see at Christmas.
No doubt mods will move if they disagree.
Anyway, I have noticed that I've magically been credited some BCH on Polo which is an extra $1K bonus.
Should I hodl or is it doomed?
Up or down from the current 300USD
I've put it here since to my mind its still part of BTC - like some sort of crazy uncle who you nly see at Christmas.
No doubt mods will move if they disagree.
Anyway, I have noticed that I've magically been credited some BCH on Polo which is an extra $1K bonus.
Should I hodl or is it doomed?
Up or down from the current 300USD
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