Topic: Why is Bitcoin Cash going up like hell? (Read 535 times)
it's best chance to sell bitcoin cash and exchange into bitcoins
I heard few miners are buying bch for long time now. That means most coins will end up in few hands. I am not going to invest in things like that.
There was a lot of anticipation for the segwit2x which got cancelled and this is one of the main reason that people who were rooting for 2x are now putting their money in Bitcoin cash. Large block size and low fee makes sense actually.
another pump for bitcoin cash, nothing new for me
this is 2nd time bcc hit 0.05 btc then pump again to 0.14 btc it will drop again to 0.06 btc like it's usual.
this is 2nd time bcc hit 0.05 btc then pump again to 0.14 btc it will drop again to 0.06 btc like it's usual.
Weeks back bitcoin cash was found growing along with bitcoin. Now bitcoin doesn't show signs of growth, but bitcoin cash records new ath each day. Some gas mentioned the cancelation of segwit2x to be the reason for the price pumping, whereas some indicate the growth to be the phenomenal investment based. Can get a clear answer soon while getting close to the schedule day of segwit2x.
I guess it's no more than just another market manipulation from some whales due to cancellation of segwit2X hardfork. It's very convenient moment to do this 
What is happening to Bitcoin Cash at the moment?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
Segwit2x suspension / cancellation is driving people/traders/miners who really do want a larger blocksize and lower fees
towards Bitcoin Cash (which has 8mb blocksize and lower fees).
I think some cash will also flow to Dash now, which will soon have 2mb blocksize and pretty much the lowest fees of them all.
This is a battle of value of store (Bitcoin) versus value of usability (Bitcoin Cash / Dash)
It's absolutely pointless for Dash to have 2MB blocks, their current blocks are empty as it is:
Or: https://bitinfocharts.com/comparison/dash-size.html
Based on eyeballing, the avarage blocksize seems to be roughly around 12 KB which is only 1.17% of the full capacity.
So it's kind of just a marketing ploy than anything else.
Otherwise I agree with your assesment.
What is happening to Bitcoin Cash at the moment?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
Segwit2x suspension / cancellation is driving people/traders/miners who really do want a larger blocksize and lower fees
towards Bitcoin Cash (which has 8mb blocksize and lower fees).
I think some cash will also flow to Dash now, which will soon have 2mb blocksize and pretty much the lowest fees of them all.
This is a battle of value of store (Bitcoin) versus value of usability (Bitcoin Cash / Dash)
Very accurate! But - it is quite possible that there will be a hardfork in future, isn't it? If it is so - people who are moving their investments into dash\btcc - put their money on risk...Because when there will be a hardfork - btc will fly high.
Came down now pretty quick..Damn, I missed out on that spike.
What is happening to Bitcoin Cash at the moment?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
Segwit2x suspension / cancellation is driving people/traders/miners who really do want a larger blocksize and lower fees
towards Bitcoin Cash (which has 8mb blocksize and lower fees).
I think some cash will also flow to Dash now, which will soon have 2mb blocksize and pretty much the lowest fees of them all.
This is a battle of value of store (Bitcoin) versus value of usability (Bitcoin Cash / Dash)
Good analysis, anyway, there is segiwt2x made by bitpico is confirmed, the hard fork still goes on, no suspension or cancellation. That is why BCH has a hug pump because of other weak forks(btg and b2x)
What is happening to Bitcoin Cash at the moment?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
Segwit2x suspension / cancellation is driving people/traders/miners who really do want a larger blocksize and lower fees
towards Bitcoin Cash (which has 8mb blocksize and lower fees).
I think some cash will also flow to Dash now, which will soon have 2mb blocksize and pretty much the lowest fees of them all.
This is a battle of value of store (Bitcoin) versus value of usability (Bitcoin Cash / Dash)
Not only the cancellation of SegWit2x is the reason for BCH pump but even failure of BTG hardfork is also the main reason why all miners are thinking that BCH is the correct one to match the BTC for blocksize like what you said.
It's a great news for BCH when 2x was cancelled. I too was happy with what has happened.
But I do not see a connection between the cancellation of S2x and the rise in the price of this coin. It seems to me that this is just artificial pumping. And soon the price of this coin will fall again
It's a great news for BCH when 2x was cancelled. I too was happy with what has happened.
What is happening to Bitcoin Cash at the moment?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
Segwit2x suspension / cancellation is driving people/traders/miners who really do want a larger blocksize and lower fees
towards Bitcoin Cash (which has 8mb blocksize and lower fees).
I think some cash will also flow to Dash now, which will soon have 2mb blocksize and pretty much the lowest fees of them all.
This is a battle of value of store (Bitcoin) versus value of usability (Bitcoin Cash / Dash)
This makes sense. It seems that the people and speculators vs the miners are making this happen.
There wasn't enough support among the miners to activate the fork so I don't think they have enough leverage to make BCC move like this
What is happening to Bitcoin Cash at the moment?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
Segwit2x suspension / cancellation is driving people/traders/miners who really do want a larger blocksize and lower fees
towards Bitcoin Cash (which has 8mb blocksize and lower fees).
I think some cash will also flow to Dash now, which will soon have 2mb blocksize and pretty much the lowest fees of them all.
This is a battle of value of store (Bitcoin) versus value of usability (Bitcoin Cash / Dash)
What is happening to Bitcoin Cash at the moment?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?
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