Is BCH's Price dividend to its two fork coin?

barbara44

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Quote from: larkinvain on February 28, 2019, 04:34:20 PM

Bitcoin Cash price was very high before the hard fork. But After the hard fork, BCH's price becomes lower than the Ethereum. So, do you think BCH's price-dividend to its two fork coins? Please share your opinion.

Thank You

The price of a coin can't be divided because of a hard fork, I believe the price of bitcoincash has been down for a while now since the market was facing a major correction in 2018, the price only went down further maybe because the fork created from bitcoincash has more to offer than the current bitcoincash itself, this will make holders of bitcoincash dumped their coin for the newly created fork.

levyashin

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BCH lost a lot of value after fork even you combine both of them. Personally i think, everything about BCH is a drama so i tend to avoid it.

bartolo

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The combined price of both coins is around the half of the BCH price before the fork. It's true that the general market conditions are worse now but it's also true that making a fork of a fork and fighting a war against each other is not a good business.

ceetoo224

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Quote from: larkinvain on February 28, 2019, 04:34:20 PM

Bitcoin Cash price was very high before the hard fork. But After the hard for, BCH's price is lower than Ethereum. So, do you think BCJ's price-dividend to its tow fork coins?

what do you mean about price dividend? mean dependent? I think somehow yes. If a coin is a fork of another, then its hash power depends on the main coin where it has been forked into.

2double0

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Quote from: larkinvain on February 28, 2019, 04:34:20 PM

Bitcoin Cash price was very high before the hard fork. But After the hard for, BCH's price is lower than Ethereum. So, do you think BCJ's price-dividend to its tow fork coins?

BCH had been an all-time bullshit coin with too much suspense in the mining game. The fork created so much chaos that even after a small percentage of miners switching their mining from BTC to BCH, the price for both BCHABC and BCHSV couldn't manage to sum up to the total price BCH had before the fork. Comparing BCH to Ethereum is not so good if you put both the coins on one table, as Ethereum is too good against BCH and it is its own kind of a coin.

Osayo

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Quote from: larkinvain on February 28, 2019, 04:34:20 PM

Bitcoin Cash price was very high before the hard fork. But After the hard for, BCH's price is lower than Ethereum. So, do you think BCJ's price-dividend to its tow fork coins?

As for me, I think this price drop is expected because people now have additional options around the same BCH to try their investment on which resulted to low demand for the original BCH.

jossiel

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Too many dumped this coin so that means the total market cap became lesser when people took profits. It's just the people that started dumping after the bull run so the price was too very low now.

Fork coins are bound to become useless although there's a solid community(they think) that supports them. Are you still interested with this coin? it's very low and Bitmain lost billions of money because of choosing the wrong investment.

Lagduf

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Quote from: mrdeposit on February 28, 2019, 04:58:31 PM

Quote from: larkinvain on February 28, 2019, 04:34:20 PM

Bitcoin Cash price was very high before the hard fork. But After the hard for, BCH's price is lower than Ethereum. So, do you think BCJ's price-dividend to its tow fork coins?

This fork was the reason for the price increase. Everyone acquires the BCH to receive the coin to be created and after new fork is distributed BCH will be useless. We should not expect more than that as long as there is only one reason "profit".

Some people have sold their fork coins and BCH directly after the fork and these guys were only interesting to create instant profit in the past dude. Remember that the fact that bitcoin cash is useless from the start when it was created.

mrdeposit

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Quote from: larkinvain on February 28, 2019, 04:34:20 PM

Bitcoin Cash price was very high before the hard fork. But After the hard for, BCH's price is lower than Ethereum. So, do you think BCJ's price-dividend to its tow fork coins?

This fork was the reason for the price increase. Everyone acquires the BCH to receive the coin to be created and after new fork is distributed BCH will be useless. We should not expect more than that as long as there is only one reason "profit".

larkinvain

member

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Bitcoin Cash price was very high before the hard fork. But After the hard fork, BCH's price becomes lower than the Ethereum. So, do you think BCH's price-dividend to its two fork coins? Please share your opinion.

Thank You

Topic: Is BCH's Price dividend to its two fork coin? (Read 146 times)