Author

Topic: Bitcoin Cash worth more after China ban (Read 510 times)

full member
Activity: 292
Merit: 100
September 07, 2017, 09:58:05 AM
#13
Yeah i have noticed an increase in BCH price too. I am glad that i invested some in it.
sr. member
Activity: 1554
Merit: 250
Making Smart Money Work
September 07, 2017, 09:20:34 AM
#12
I think if bitcoin can reach $6,000 - $7,000 in 5 -6 months then bitcoin cash will follow his step, and this is just my opinion, bitcoin cash still worth for investing as as long as we believe bitcoin prices will keep going up.
I can't predict for 6 months later, but bitcoin cash will reach ATH at $1,500 on february or june 2018.
hero member
Activity: 1274
Merit: 516
September 07, 2017, 09:02:52 AM
#11
The price of bitcoincash is rising up but somehow I think it is not related of the china, it is more of the reason that a lot of miners found out that it is more profitable to mine bch and I think it is just a normal pumping, if bch could lure more miners then the bch price will slowly going up again
newbie
Activity: 120
Merit: 0
September 07, 2017, 08:57:01 AM
#10
i dont know how china will deal with decentralized exchange. Maybe OAX can solve with its KYC? or not...

I think china wiat NEO put every chinese identity on blockchain to legalize ICO ; what do you think?
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
September 07, 2017, 08:50:30 AM
#9
It's nothing to do with China - it's to do with the fact the the mining difficulty is due to retarget around the 11th September and people are accumulating BCH now in order to then do a pump on that date, and hopefully lure miners to mining BCH.
full member
Activity: 169
Merit: 100
September 07, 2017, 08:47:49 AM
#8
A lot of users still haven't accessed their Bitcoin Cash. For example (and frankly disgustingly) Coinbase still hasn't given their customers what is rightfully theirs (coming in January). This makes the circulating supply extremely small and makes the coin easy to manipulate. This explains the price more than any other circumstance. Market movers love coins that are in short supply.

That's right, BCH simply doesn't have any real user base, just a few whales who are manipulating the price. Most people sold this crap and are not looking back, other just didn't have a chance to dump it yet Smiley
sr. member
Activity: 308
Merit: 250
September 07, 2017, 08:35:00 AM
#7
i see bitcoin cash price is growing so much after china ban.

is it because BCC still supported in China after ICO ban?

How much do you think BCC price will be within next week?
China bans ico coins only , I think that's because a lot of money escapes from icos comes to BCC .Some other old potential coins have the same chance with BCC too.Let's see.
hero member
Activity: 1148
Merit: 504
September 07, 2017, 08:11:44 AM
#6
In my understanding, the ICO ban in china only effects the "illegal public financing" and not the crypto-currency. It is still legal to trade crypto but illegal to participate in ICO. And if ever it have effects on crypto, it will mostly effect eth and waves because most ICOs are based on ETH or Waves platform. I do not see any direct correlation with BCH pumping.
hero member
Activity: 728
Merit: 500
September 07, 2017, 07:58:57 AM
#5
A lot of users still haven't accessed their Bitcoin Cash. For example (and frankly disgustingly) Coinbase still hasn't given their customers what is rightfully theirs (coming in January). This makes the circulating supply extremely small and makes the coin easy to manipulate. This explains the price more than any other circumstance. Market movers love coins that are in short supply.
full member
Activity: 280
Merit: 100
September 07, 2017, 07:44:03 AM
#4
i see bitcoin cash price is growing so much after china ban.

is it because BCC still supported in China after ICO ban?

How much do you think BCC price will be within next week?
not only bcc, old coins all have a pump recently, for the money flowed from the ico and new coins, but i think the regulation to the exchange will published later, so better be careful
sr. member
Activity: 322
Merit: 250
September 07, 2017, 07:39:32 AM
#3
i see bitcoin cash price is growing so much after china ban.

is it because BCC still supported in China after ICO ban?

How much do you think BCC price will be within next week?

Whatever happen, we always try to give it a reason. Every coin will have its own up and down and if same thing is happening to BCH, I don't see the need for the attention of noise. The promoters whether Chinese or Americans have done their part to be left in the hands of the traders who are either pumping or dumping either way, I still agree to the earlier poster, that BTC is still the first option of them all.
legendary
Activity: 2212
Merit: 1008
September 07, 2017, 07:35:22 AM
#2
Yes, there is big chance that little bit later bitcoin cash will be some kind of government coin for ICO.
Yes it will be growing little bit more and more. But bitcoin BTC will be 1st currency does no matter, in my opinion.
sr. member
Activity: 386
Merit: 252
September 07, 2017, 04:28:37 AM
#1
i see bitcoin cash price is growing so much after china ban.

is it because BCC still supported in China after ICO ban?

How much do you think BCC price will be within next week?
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