Will bitcoin cash keep loosing value or will go up again ? - page 2.

chichigirl

sr. member

Activity: 588

Merit: 251

HELENA

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

The movements of altcoins depends on its popularity and the investors. The more the investor is, the more chance of price changes will take place and expect the higher price as well.

BitcoinReseller

sr. member

Activity: 386

Merit: 252

current rate is about 1 BCC = 0.055 BTC

i have feeling its price will grow again to be 0.12 btc, that's why i'm not going to sell it under 0.1 btc

it could rise from 0.055 btc to 0.07 or 0.08 within next weeks, while there are many big companies supporting it as like Bitmain.

fedor3327

hero member

Activity: 644

Merit: 523

Passionate about Crypto

I really still dont see the point of BTH. Its only there because it went onto the exchanges instantly in my opinion.

The price is about the hype. Pure speculation without any substance.

Obviously I could be wrong.

markdario112616

full member

Activity: 816

Merit: 133

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

Like others said, The value of Bitcoin will be dictated by the supply and demand on the market. Though, as of the moment try not to do panic selling in which you will incur more losses. Try to be patient since Bitcoin's trend as per I've noticed still have a quite good upward trend.

Quote from: Cnut237 on October 16, 2017, 08:45:14 AM

I don't think it's worth holding, it's better to cut your losses. If the price continues to fall, you'd be wishing you sold now.

I beg to agree and disagree, why? I agree at some point that cut losses you must force to sell it even though you haven't achieved your target return to avoid further losses, on the other hand, I disagree since if you are to look at the past trends Bitcoin normal jump back 2x or 3x higher when the rates deflate. Like what I've said patience is really what you need though it would still be your call if you want to risk or not.

Cnut237

legendary

Activity: 1904

Merit: 1277

Quote from: bundo on October 16, 2017, 08:29:30 AM

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

If you are sure and do not want to lose your money try to hold it. because down market price has become market law
sell and leave when it looks uphill because bitcoin cash is slow and detrimental to your investment

I don't think it's worth holding, it's better to cut your losses. If the price continues to fall, you'd be wishing you sold now.

MiF

sr. member

Activity: 1400

Merit: 258

SecureShift.io | Crypto-Exchange

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

No one can tell on what direction it might directing either up or down but i believed it will going to fall down as you can see no ICO are sponsoring bitcoin cash and maybe the most of the investors are not investing it that is why the value is average decreasing so maybe you should try your luck to other altcoin like the Ethereum which is secondary and the over all lead of all altcoins in which mostly sponsored by the most ICO too but if you will like to keep the faith and keep hoarding it who knows it will follow the path of bitcoins.

bundo

full member

Activity: 308

Merit: 100

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

If you are sure and do not want to lose your money try to hold it. because down market price has become market law
sell and leave when it looks uphill because bitcoin cash is slow and detrimental to your investment

Fesatmas

sr. member

Activity: 2268

Merit: 275

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

I don't think so cause in few days later after fork there is a new coin called bitcoin gold maybe then also people will move there and leave BCH. That's will make the price of BCH down.

madwica

hero member

Activity: 714

Merit: 531

Quote from: Vaskiy on October 16, 2017, 08:17:00 AM

Quote from: happyme1818 on October 16, 2017, 08:12:37 AM

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

Sad to say but it will continue to lose it's value. Bitcoin will dictate when it would go back again. After the next fork maybe it will stand on its feet again, just maybe. Many investors are converting altcoin to bitcoin in order to get free money just like what happened in bitcoin cash.

The price of bitcoin cash has begun to grow after a long time. Today it shows sign of growth indicated with a green mark. At present holding bitcoin seems much profitable than the holding of altcoins. For this user might be converting altcoin to bitcoin. Upcoming fork will make a big change over the entire cryptocurrency as a whole.

I do not think so mate, bitcoin cash is launch few months ago and still it wont recover its value, and now new fork will happen and it will lauch new coin which is bitcoin gold i do not sure but a big possibility that bitcoin cash will lost its value and will be dominated by bitcoin gold because for now there are some exchange and wallets are wanting support this new coin but still bitcoin will be on the top and not replace by any new coin.

Matdog

copper member

Activity: 462

Merit: 100

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

as it is indeed difficult for bitcoin cash to rise in price,
we wait until the price goes up again

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

Before I'm saying that bitcoin cash is nothing but seeing it's value grow I changed my mind because it's a free money for free. But in your case since you had bought it that's too bad for you. Better not to look at the price of bitcoin cash for now. If you don't want to cut your losses then don't sell for now and if you want to see the price of bitcoin cash up again just wait, this is the risk of trading.

Vaskiy

legendary

Activity: 2646

Merit: 1106

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: happyme1818 on October 16, 2017, 08:12:37 AM

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

Sad to say but it will continue to lose it's value. Bitcoin will dictate when it would go back again. After the next fork maybe it will stand on its feet again, just maybe. Many investors are converting altcoin to bitcoin in order to get free money just like what happened in bitcoin cash.

The price of bitcoin cash has begun to grow after a long time. Today it shows sign of growth indicated with a green mark. At present holding bitcoin seems much profitable than the holding of altcoins. For this user might be converting altcoin to bitcoin. Upcoming fork will make a big change over the entire cryptocurrency as a whole.

banhmycoin

jr. member

Activity: 59

Merit: 10

i know my friends bought ~ $1000 and they hold it . if you sell them , you will lost real money

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

it is difficult for bitcoin cash to get increase more than $530 although we have this chance but i am not sure with this. the support of bitcoin cash is not too many depend with bitcoin itself and many of us is selling bitcoin cash because we can get by freely. so we can only hope that the price can back to that price that you want.

happyme1818

sr. member

Activity: 568

Merit: 254

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

Sad to say but it will continue to lose it's value. Bitcoin will dictate when it would go back again. After the next fork maybe it will stand on its feet again, just maybe. Many investors are converting altcoin to bitcoin in order to get free money just like what happened in bitcoin cash.

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Quote from: BitcoinReseller on October 16, 2017, 07:23:42 AM

price is depending on it's mining difficulty. i guess its price will grow again when difficulty get updated maybe weeks.

this is not first time bcc price get down to $200, it hit that price before and then bump into $700. anything is expected.

Though I consider it as a shitcoin that ride the hype of bitcoin before, it has still many supporter. I think it will depends on its community what direction they want for this coin. I hope a solid dev team can formulate its roadmap and significant in cryptoworld.

Ranly123

full member

Activity: 952

Merit: 104

★777Coin.com★ Fun BTC Casino!

If you look at the graphon bitcoin, you can see it was always going up. Maybe it goes down a little bit but will will again rise 2x or higher than when it goes down. So it is safe to say that bitcoin is still alive and will still be going on the rise till it reaches $1k, that is if my speculation is right.

btcbringer

full member

Activity: 252

Merit: 101

i hold the opposite opinion against the above, i think bcc may goes down in a short time, but it must hit $1500 at least in one or two years

IAmLucas

full member

Activity: 187

Merit: 101

Sorry to say, but I agree with the majority of other users on here, I don't think it will recover to it's highs. It just doesn't have the brand recognition.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: gmmt on October 16, 2017, 05:24:06 AM

I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?

Sorry to break the bubble but I think it will take longer before you can at least recover your losses here. Bitcoin Cash didn't gain enough traction from the community that's why the price didn't took off as expected. Why did you buy Bitcoin Cash anyway? Do you believed about that coin?

I think the community has spoken and they don't like another "clone" coin that's why the price has been slumping lately. And there is the upcoming Bitcoin Gold as well, which I think can affect the price of BCH in a negative way. Get out and stick to bitcoin or any other altcoins like ETH, NEO or LTC.

Topic: Will bitcoin cash keep loosing value or will go up again ? - page 2. (Read 1067 times)