WHY BCC PRICE KEEPS INCREASING - page 2.

Mertkakici

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Quote from: IamHigh on August 02, 2017, 08:09:37 PM

Quote from: Red-Apple on August 02, 2017, 08:30:59 AM

this is purely a pump.
there is no way you can deposit your BCC and sell it so the price automatically goes up. now add to it the fact that manipulative whales are hard at work and also the fact that people are FOMOing and you have a fast rising price. and by the way it is so far from half! it is still very much low.

In addition to your say, on bittrex the bcc deposits are still closed. So there is no way to deposit bittrex some bcc to start trading there. I think some big whales are manipulating so that they can ensure the community that bcc has a real value against bitcoin. But this game will end very sad for them...

Thats exactly what i was thinking about , this is probably gonna end sad for them:D

Coffee2015

full member

Activity: 258

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I expect that anyone not really sure what to do,
if you sell it,... you know that it is the pumping time,.... you may miss the train.
It is a good time to pump,... next year may be better

IamHigh

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Activity: 170

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Quote from: Red-Apple on August 02, 2017, 08:30:59 AM

this is purely a pump.
there is no way you can deposit your BCC and sell it so the price automatically goes up. now add to it the fact that manipulative whales are hard at work and also the fact that people are FOMOing and you have a fast rising price. and by the way it is so far from half! it is still very much low.

In addition to your say, on bittrex the bcc deposits are still closed. So there is no way to deposit bittrex some bcc to start trading there. I think some big whales are manipulating so that they can ensure the community that bcc has a real value against bitcoin. But this game will end very sad for them...

DomainMagnate

hero member

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I had some btc on kraken exchange which I forgot to withdraw before Aug 1.Now I have equal number of BCC also and I can sell it but I will wait to see how price moves

ROT13

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Because Roger Ver, Jihan and co are buying them all up so people will post threads like this.

ThomasV80

member

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I think because of the many demands, many traders speculate by buying Bitcoincash, while those with bitcoincash continue to hold it, resulting in price increases

richsoon

member

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Quote from: sieemma on August 02, 2017, 07:58:05 AM

I need technical people help me with this.
Since the initiation of the fork, the price of BCC keeps increasing and now it is nearly half of BTC.
Is there a possibility of BCC getting to the price of BTC and become stable at that price or it will drop after it gets higher.
I am really fascinated by the way the price is increasing and I don't want to be late

It's just my opinion but no I don't think BCC has any chance of reaching the price of BTC. Mainly you cannot transfer BCC into exchanges so the supply is limited while the demand remains unchanged.

Once confirmations speed up and exchanges accept deposits it's likely the price will crash more from its current price (which is already close to half its max price on bittrex).

CryptoBoomers

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^? Really? 20confirms and only 2 a day?? LOL what happen to this whole crypto thing being innovative and helping us, 40 days is eons in the crypto world.

Teraboy

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Quote from: cryptor47 on August 02, 2017, 12:41:02 PM

The way it looks to be, BCH is the new LTC. In the way that it shadows bitcoin, silver to gold token. I don't think it will ever take number 2 in market cap or even overthrow BTC, but $1000 is more than doable.

It is bitcoin crash right now. I mean it's not comparable with the real bitcoin. Remember you still not be able to make a transaction with your bitcoin crash (BCH). someone said that the transaction will take 20 confirmation and every day you just get up to 2 confirmation. say bye for that.

HaXX0R1337

sr. member

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Quote from: cryptor47 on August 02, 2017, 12:41:02 PM

The way it looks to be, BCH is the new LTC. In the way that it shadows bitcoin, silver to gold token. I don't think it will ever take number 2 in market cap or even overthrow BTC, but $1000 is more than doable.

As a currency BCH is the number two currency right now because i do not consider ETH as a currency as it is not. Tongue

The other thing is ,it wont be any way similar to LTC, the recent upgrade LTC had is different and their current focus is different,BCH is a good idea,but i would like to see how it goes on and how it picks up the momentum they had.

cryptor47

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The way it looks to be, BCH is the new LTC. In the way that it shadows bitcoin, silver to gold token. I don't think it will ever take number 2 in market cap or even overthrow BTC, but $1000 is more than doable.

clarkgeneral86

hero member

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I think a small bump in demand for BTC as people will be looking to dump BCC to get more Bitcoin with it. BCC will face many difficulties but could still stay alive after.

posternat

hero member

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The key is to think of this as a brand new Alt coin, and not a fork. The only difference is that it's going to get a little bit of traffic based upon the fact that people want to jump on that versus Bitcoin. All it is is a brand-new old coin, and it's getting about the same amount of attention. But, it is also getting a little bit of extra attention for those that feel it's like some sort of deviant policy or deviant political group versus Bitcoin, and that'll die down rather quickly

ene1980

hero member

Activity: 2002

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It was a massive pump and i thought it would reach $1000 for the day seeing the pump but it is now stabilizing after the initial burst and the volume is really huge which is expected but then , i am waiting to see the price one week from now,like to see whether we will see a big dump. Cheesy

sieemma

sr. member

Activity: 980

Merit: 253

Thanks so much for your contributions. I really liked what you all wrote. I have a fear knowledge what is going on now.
Moment after I read some of your suggestions, BCC starting dropping as most of you indicated. Everyone us in for gains, so let's see what happens

manifo1d

newbie

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Nothing technical about it

It's sales and marketing 101

It hit fb trending and now everyone wants some.

Its a cheaper transaction that bitcoin.

Pretty cut and dry.

CryptoBoomers

full member

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I decided to run a few experiments and am happy to say I just doubled my btc on two exchanges

.

Not huge amounts but I left a handful on two exchanges and instead of dumping I dumped my btc for more bcc and just cashed out near the high on both. Had a feeling this might happen and of course now regret not having my full stash on there but it is indeed risky and this first pump moved fast as hell. I think many more pumps will happen today, if you did manage to get some it's a great time to try to beat the waves..

thompshma

sr. member

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Anybody have any idea of when Bittrex opens it up?
I want to get rid of this crap immediately.

khufuking

sr. member

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That is totally normal mainly because people who had there BTC offline ( whales ) still can not get it online to dump it + most of exchange have not enabled BCC deposit yet + even if BCC deposit is enabled it will take very long to get it deposited because exchange that have BCC deposit enabled have 5 confirmation required to credit it . BTW few hours ago price off BCC at bittrex was 0.4 and at other exchanges was 0.15 .

FrictionlessCoin

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Quote from: Ultegra134 on August 02, 2017, 08:58:50 AM

Quote from: Barcode_ on August 02, 2017, 08:55:56 AM

It might be a indication of investors trying to pump up the price of Bitcoin Cash before cashing them out, but it is too early to tell how the future of Bitcoin Cash will develop as the market is still very unstable and is very subjected to high volatility, maybe it would be better to observe for a longer period of time.

Could possibly be that, price pumped a lot the past few hours, now it has started dropping in a dramatically high pace, indicating how risky it even is to try and invest in BCC.

There is less risk pumping the coin in a small exchange. That is because nobody can move BCH and exploit the inefficiencies.

The game plan is likely to pump in small exchanges and dump coins in large exchanges.

Topic: WHY BCC PRICE KEEPS INCREASING - page 2. (Read 2855 times)