Topic: To Buy BCH or not to Buy BCH? - page 10. (Read 12879 times)

It is true that the price of bitcoin cash is going down and i would like to see how low it can go,there is nothing wrong in purchasing some coins when the prices are low as you never know how the price would be a few years from now,since it is really difficult to predict the price ,i would not mind holding a couple of coins when the price is right.

There is not much sense in keeping something so uncertain, so many things have shown that something is unbelievable, but the loss can be as great.

I see BCH price is around 0.094 BTC at time of writing. I am considering to buy some. I hope the price will raise because of all the media attention.

What do you guys think buy or not buy?

It is true that the price of bitcoin cash is going down and i would like to see how low it can go,there is nothing wrong in purchasing some coins when the prices are low as you never know how the price would be a few years from now,since it is really difficult to predict the price ,i would not mind holding a couple of coins when the price is right.

Bitcoin Cash name is misleading. It's not a cash. I would buy AEON instead which is a real untraceable digital cash.

I think that price of BCH should cool down significantly over the next few months. It's actually been going downhill ever since 20th August and i would not be surprised if price continues its downward spiral until something like 0.03 BTC per BCH.
Fact is that bitcoin price is soaring, and as a direct competitor of bitcoin, BCH is just getting dumped.
I wouldn't invest in it at all. I just do not see the point.

It has been three months since the Bitcoin Cash (BCH) network was introduced to the cryptocurrency community. So far, the BCH protocol is holding its own with continued infrastructure growth as well as capturing the fourth largest digital asset capitalization. However, the BCH community and the project’s developers are in the midst of a debate regarding removing the Emergency Difficulty Adjustment (EDA), which initially helped keep the network going during its first few weeks.

Presently, the EDA implementation added to the Bitcoin Cash network is causing some people to believe the network is having issues. For instance, a half a day could go by, and there are barely any blocks found, and then some days BCH miners will process a multitude of blocks in a short period of time. Some people believe ‘dishonest’ miners are abusing the EDA and the safeguard is hurting the network. It’s speculated that miners can simply join forces to initiate a difficulty adjustment when BCH’s market price is meager, which could cause disastrous inflation. The conversation has got the BCH community discussing the situation heavily, and developers are talking about different solutions.

On August 25, Bitcoin ABC lead developer, Amaury Séchet (Deadalnix), revealed his idea for a difficulty algorithm change for the BCH network. Séchet says he was expecting “wild swings of hashrate” between both BCH and BTC chains. “This isn’t something we can completely prevent without both BTC and BCH hashrate adjusting in timeframes equivalent with the ones of price swing,” explains Séchet on the bitcoin-ml mailing list.

...in the mailing list email Séchet proposes a solution which has been submitted for review, so that the rest of the Bitcoin ABC developers can discuss the idea. The algorithm is designed to “adjust the difficulty to hashrate to target a mean block interval of 600 seconds” – according to an individual called “Mengerian” who reviewed the idea with Séchet. Mengerian says other design features include avoiding drastic changes during times when the hashrate is flat, and adjusting difficulty when the hashrate changes fast. Séchet says he simulated the following scenarios with constant hashrate and swings between block intervals.

That's because the coins that were trapped in Xapo and Bitstamp have finally reached the market.

In a couple of weeks the coins in Gemini will hit the market too, so the price will dip some more.

After that it should rise till Jan when the Coinbase coins are released.

At the time of writing  BCH price is 0.081 lower on 04, August. i am looking for the chart of BCH price and i see that the trend of BCH price is move down. Personally at the moment if buy BCH is risk, we should wait BCH price is exist this move down trend. Moreover now have a lot of altcoin that have a good price when you buy it most likely you will get big profit like Centra. so why you have to buy BCH

If the Bitcoin can get scaling right, then there is no need for the Bitcoin Cash to rise fast.

Bitcoin cash doesn't have any serious development. It was made only for speculation to get some quick profit out of the market and it still is and will be only speculation coin. There might be some pumps, but in long term it will only go down.