Topic: Is it time to sell BTC for BCH ? (Read 2292 times)

I hope you did buy BCH at least a quarter of your BTC because it has rose from its price last November. That's what I did with my BTC profit, I bought a couple of BCH and left it at Bittrex but still check them from time to time. And BTC will remain as it is because I still do believe in BTC despite of all the negativity people are saying about this currency.

I think even though BCH can not overtake BTC but BCH now can show very good price in its development in cryptocurrency, you can buy some BCH for short term investment because BCH will surely be higher than current in some time to come.

https://cointelegraph.com/news/false-start-coinbases-gdax-halts-bch-trading-hours-after-starting
it looks good article to be read.
But the price of bitcoin cash almost 4k which means the demand from the bitcoin and ethereum are moving towards the bitcoin cash. Bitcoin and ethereum straightly got a correction. and then otherwise with the bitcoin cash.

Today only I too noticed that BCH has been added but coinbase mailed the user they will put the fund for the effect of hard fork but didn't get any big fund after it launched. I got around 0.0001 BCH as a reward. If getting more reward I might be happy about that. Now again bitcoin started rising in the market. Then BCH will bring corrected for somehow. Keep moniter the price chart and invest on it accordingly.

oh mann you should have reminded this to me just a day or two ago, missed it, now bagholding btc :-P

It is long time you make this post but this has remind us that Bitcoin was not doing very well then  but since yesterday it has make great gain. Within 24 hours bitcoin cash make 61% gained and it is still going up. Coinbase has listed bitcoin cash and this has push it price close to  $4,000.

I dont think BCH will be able to overtake,  let alone dethrone BTC,  atleast anytime soon. BTC has been used for years now,  and as OP pointed even BCH may not be able to compete with widespread adoption. Bitcoin being older is not necessarily a bad thing in this case, in the worst case it may become an asset.

No one is saying that BTC transactions are fast & cheap. We're saying that BCH is only fast & cheap now because it's not used. It's in no way ready for mainstream adoption, and the whole system isn't. IF being a faster & cheaper form of currency TODAY is important to you, then yeah BCH is useful, but there better ALTs for this job already. Like, Litecoin. And others.
IF you're concerned about the far future, BCH, even by enlarging blocks over & over, will never scale to cope with demand, a demand similar to the one of your VISA card. Nor will BTC. And it doesn't matter, because they aren't currencies, they are digital gold.

If you're really using the BCH today, as a currency, consider that you just bought a $500 pizza, judging by the end-2018 value of what you paid for it. That's just dumb. It's only not dumb if you buy BCH again, using fiat, right after you paid for your pizza. You may as well have paid for your pizza in fiat in the first place. Either way, you're dumb. But let's face it, the bunch of sheep following Roger, aren't dumb, they're just liars. Which is lame, because everyone would understand & be ok with the fact they wanna get richer - we're all here for that same reason. They don't have to lie about it, just say it, they want BCH to take over BTC, because they own more BCH than BTC. They don't have to make out a story around it.

BCH just got added to Coinbase and GDAX. While that'll give BCH a ton more exposure, also that means most of the BCH coins out there that have been tied up are suddenly available and its free money for everyone so there could be tons of dumping very soon.

Bitcoin is much more valuable compared to Bitcoin Cash, there is just too many people dumping that Bitcoin Cash coin.

did a transaction 15 hours ago, paid $26, its still pending, btc trans are expensive and slow

Users who switched to bitcoin cash months back could have gained good profit. This has gained a good market in a short time period with the popularity through bitcoin's main chain. However high the growth might be, it too is termed to be an altcoin and the growth surely has direct or indirect dependence over bitcoin.

It does. Bitcoin needs more than "increasing block size" to be ready for mainstream (but I don't think it needs to), but by thousands, not just 8 like with BCH blocks. And BTC is slow because of miners manipulation.

Those buying walls in BCH/USD & BCH/BTC on Bitstamp... what kind of idiot falls for that?

Lame as fuck, they go away as soon as the BCH goes down a little.
They don't even pretend & spread their fake walls, there's a straight wall of like 1700BCH... in front of a smooth selling slope at the bottom.. and yet it's not moving, so apparently they aren't all idiots. They see the november dump coming on their heads again, I'm pretty sure there are a lot of stop losses in there.

That's on Bitstamp where the BCH was newly added, so no big selling walls there yet. Most likely it won't move because on other exchanges, all the idiots who bought right before the dump last time, are now getting their money back.

that was before but now bitcoin cash has stopped growing but bitcoin is still continues.

yes indeed.

i think thats not the main reason why bch has pump drastically. bch was only pump because someone has manipulated it.


possibly. bitcoincash can be a good alternative next to bitcoin because bch is indeed near perfect and it doesnt have any known issues or problems like scalability or slow and expensive transaction cost.

Both Bitcoin and Bitcoin cash are growing now. However, I think Bitcoin price is too high now when comparing with its value. While Bitcoin cash has been accepted by Bitpay and its price has rised over $2000 now. BCH can replace BTC in the future.

Agreed with you
Sell BTC for BCH is really  bad decision, because bitcoin is safe and secure investment. Bitcoin is the best currency in the world. Sell BCH , it's the best idea and hold BTC. Because BTC is better from BCH. The price of BTC is so huge , and increasing day by day

obviously he wants to to catch up in this bitcoincash hype, thats why he wants to sell some perccentage of his bitcoin holdings and i dont think that its a bad deciscion to make because i see bitcoincash has also got a lot of potential and advantages that will likely follow the footsteps of bitcoin. theres no safe and secure investment here because all invesment has a great risk.

nobody knows when the BTC will crash and BCH will moon. it's kinda funny how they are regarded as a substitute.

I will hold my btc temporary, because bch growth is seems resisted at this level.