To Buy BCH or not to Buy BCH? - page 22.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Xubu on August 04, 2017, 03:58:14 PM

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?

Hype on BCH is not the same with the hype of other altcoins that can considered as good for long term holding. For now, Im not considering to put money on BCH since I don't see a majority support here, in other words, I don't know when or how it will be pumped again. Honestly other altcoins are more on hype rather than this coin.

But Im not closing my doors. My decision not to put money here is applied just for now. Who knows later on, let's see.

flippener

full member

Activity: 322

Merit: 101

Quote from: mademerich on August 04, 2017, 04:17:50 PM

My prediction is that it will bottom out below 0.04 before bouncing back and staying at the 0.05-0.1 range in the medium term.

I think you're right - it certainly looks now that it's slowing down as it hits 0.1, and maybe will stop/bounce around 0.04/0.05.

Tezcalitpoka

member

Activity: 109

Merit: 10

Buy Bitcoin and sleep on it
Buy BCH and watch for it, when dump starts sell it

dashingriddler

legendary

Activity: 1258

Merit: 1001

Quote from: Xubu on August 04, 2017, 04:05:33 PM

Imagine you have 10 BTC and you automatically got your 10 BCH, should you sell your BCH of also hold for long term? If you sell them you have 2850 dollars

Yes. I would do the same.
Why hold on something that does not have a clear future?
Might as well cash it into bitcoin then just work on it instead of stressing out how much it will be worth in a month or two from now?
It is just ridiculous if you ask me. Sad

Who needs the extra stress in their lives.

Atleast with bitcoin you know what you are getting into and have gone through the ups and the hard times with it already.
Not with this new thing that wishes to replace it.
Does not make sense to me at all. Embarrassed

mademerich

jr. member

Activity: 58

Merit: 10

Quote from: Xubu on August 04, 2017, 03:58:14 PM

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?

My prediction is that it will bottom out below 0.04 before bouncing back and staying at the 0.05-0.1 range in the medium term.

hardforkcoin

sr. member

Activity: 420

Merit: 250

Quote from: Xubu on August 04, 2017, 03:58:14 PM

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?

While I consider that unlikely, it still can happen.

I was just commenting this on another thread but I will flesh it out a bit more here.

The price SHOULD decline for the next few weeks to few months, start to level off around month 3 or 4, then if the community sees value in it, steadily climb(or it could be pumped up too since it is cheaper to do).

So the reason I say that is because the Supply is at an all time high. Imagine if all of a sudden there was double the amount of BTC available. What would happen?The Supply rose by a lot and is too much while the Demand is still the same. So the price very likely and SHOULD fall in the short term(until the demand/supply ratio balances better).

Does that make sense? It is a very simplistic view I agree, but one I think we should take in to consideration.

You ask whether to buy now or later? Be glad you didn't buy in when it was around 600 USD. Now it is about 280 USD. It should go lower for another few weeks at least.

If you really want to buy in, don't buy a lot, becuase you will be holding it for the short term and the mid term at least, at the most you will have to hold for years.

Xubu

full member

Activity: 252

Merit: 100

Imagine you have 10 BTC and you automatically got your 10 BCH, should you sell your BCH of also hold for long term? If you sell them you have 2850 dollars

Xubu

full member

Activity: 252

Merit: 100

Quote from: ?? on ??

I think you should buy and wait for a month atleast.

You buy yourself?

Bitforking

full member

Activity: 145

Merit: 101

what exchange and wallet to use please?

Xubu

full member

Activity: 252

Merit: 100

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?

Topic: To Buy BCH or not to Buy BCH? - page 22. (Read 12858 times)