Bitcoin Forum

Is bcc/bch will pump its price to the moon like btc?

It depends on for how long the pump can be sustained. There's no real demand for BCash, someone must be pumping it. That "someone" could be the usual suspects (The Roger Ver - Jihan Wu - Craig Wright connection), or it could be also a random whale group pumping it to, obviously, dump it once people that are absolutely clueless of what's going on, think that BCash is going to reach parity with the real Bitcoin.

It will be fun to watch, the manipulation is huge on any Bitcoin fork because people perceive it as "free money".

Yes it seems as if BTC will die off and Bitcoin Cash will become the main chain/Bitcoin.

BCC won't even get near bitcoin , I was able to sell my BCH at 0.07 and I don't regret it even with this pump
there are some people who like to play in the market , you can't take every pump seriously cause this is trading related
I still remember that day when Namecoin went 150% up in one day , simple some whales like to play once in a while

you can see bch still on pump. i hope i will not regret this.bitcoin fall.bch is rises.

LIKE BTC?

BCH is not in anyway comparable to bitcoin. BCH is just another altcoin which has its own market. What all popularity it got by splitting off from Bitcoin is over. Now, some bulk holders or pump groups are pumping the coin and there is no solid reason behind the price increase. Thus, it will dump soon. Many have already forgotten about it.

Bitcoin isn't going anywhere, BCH will be more profitable for the miners so maybe will get a push because of this but I doubt it will hit anything above $1k.

Using the word "pump" implies that the price moves are artificial, being manufactured by a few people. This isn't happening with Bitcoin...and I don't think it's happening with Bitcoin Cash.

So my answer to your question is "No".

Bitcoin Cash was always going to take time to succeed or fail, it takes time for the miners to want to accept those transactions and with that slow adoption comes faster confirmation times, which in turn offers more confidence to speculative investors and the cycle goes on.

I hope these two can coexist...if they both exist harmoniously we all win.

Yes of course bitcoin prices will be increasingly peaked because the world already knows bitcoin including big country, I have confidence that BCH price will be balanced with BTC price soon

in bitfinex exchange the price of :
  BCC = 3550 usd = 0887
  BCH = 583 usd = 0.13668


and i think the price will grow up with time.

 

There is no technology innovation, no application demand. Even the price increases it's just a speculation. And there is a trend to get centralized, it's price may be manipulated by some group.

I don't think the BCC will reach what bitcoin has gone so far. Right now the price is high for BCH but I don't know if this is sustainable of just artificial. And even if the price increase that much, sooner or later it will crash. It will take more years before it can reach the price of bitcoin today.

BCH will reach BTC's price very soon
Cashvscore.com

As far as I am aware, and please correct me if I am wrong, but isn't really the only difference that BCH has 8MB max block size(actually it can be more if nodes/miners agree).

How exactly is it an altcoin when it does on-chain scaling? I would be interested to hear more about this as I haven't kept up on it to be honest.

I understand the majority here hates BCH, but I can't really understand why. Isn't it a good thing they split off from us and they can go away now?

It took years of surviving for bitcoin to reach where it is today which is not really something ordinary on internet, as there are hundreds or currencies made every month but they cannot survive at all because they cannot get the user base needed for a project. Bitcoin Cash will have to pass this period as well, and if it could survive it, it may reach somewhere, but nowhere near bitcoin.

Any coin which is not Bitcoin is simply Altcoin. It runs on different blockchain than that of Bitcoin and hence is different coin. The reason for hatred for BCH is because of all that fuss created by the fork was unnecessary when majority was supporting Segwit and lead to FUD and uncertainty in the market and hence a drop in price. Now most of the holders have dumped their BCH and most probably have forgotten too.

This may true that most holders dumped their BCH. However, it is making a lot of gains and seems to be a viable alternative to BTC, especially for those who cannot or will not pay $4200 for one BTC. I can see BCH gaining a lot of ground on BTC by end of year. We'll see...

It's an altcoin because it's just a hard fork that replicates the UTXO set. Most people realize by now that "on-chain scaling" includes Segwit's block size increase (and future optimizations like signature aggregation), so they realize fixes are on the way and Segwit will soon be usable.

Long term, sure, it's good if the BU crowd splits off. But if the split is significant, it could significantly hurt the combined market cap, given Metcalfe's Law.

Right now price of Bitcoin cash is pumping hard just because of some whales rather than due to natural demand for it. Bitcoin cash might not get to same price level of bitcoin but it might hold some value like 10% of BTC price in future. Current peak price is good for dumpers and I am expecting a huge dump on bitcoincash because of bitcoin whales who have thousands of free bitcoincash ready to dump.

It's obvious that BCH is just made for people to have more money on them to use as fuel to further increase the price on bitcoin. Have you observed that a week after consensus was reached, bitcoin suddenly surged up in price?


You will never know. During 2013, no one knew that the price was pumped until someone took the records of Gox revealing that it was trusty Willy who was doing these fake trades. It's just a possibility but then again, as of today's current state, bitcoin is receiving natural growth thanks to big businessmen endorsing their positive side of the cryptocurrency.



They can coexist same as to what other altcoins are currently to bitcoin. However we must accept the fact that BCH is categorized as yet another altcoin and can never be really a competition to bitcoin.

Hold on to your BCC. I think it will move just like ETC did, and rise several months.

BCC price 0.15668BTC, I think it is getting pumped real hard and will reach back to its previous point of 0.3BTC or 0.4BTC. People are still claiming their BCC now and many will dump their BCC seeing the increase in the price.

well that's possible due to those free bch that has been gathered byt this whales after the split I also believe that they are behind of this pumped we really
cant say whether they will continue pumping this coin or they will dumped after seeing considerable value.

Although I believe bcc can still rise it has a lot of pumping or btc dumping before bcc will rival btc. Btc is market leader and I do not see that changing.

What is BCC and BCH?  I thought there was only bitcoin cash?  Now there is two?  I don't get it.

BCC  and BCH is an abbreviation of the same coin.
But the author probably wanted to compare the coin of the traditional bitcoin with the bitcoin that appeared on August 1.
Now this coin is rapidly becoming more expensive

BCH is looking very similar to ETH.

ETH developers tried to find ways to boost the value of ETH over the short term.

This led to ETH imploding as an overvalued bubble and people losing faith in it.

BCH developers look to be following the same gameplan ETH developers used.

Flippening is coming. You've been warned.

Bitcoin Cash is the true Bitcoin.

Really? I don't believe it. There are too many investments and developments revolving around BTC. Have you seen what Japan has done in the past year? And now Australia may follow suit. I can see BTC Cash integrating, but not taking BTC's place.

Can someone please explain how this "pumping" actually is supposed to work?
How can a whale or any other party pump the price of an asset on a global scale across so many different exchanges?
As many posters are referring to "pumping", I hope that you can explain.

There are rumors that Mr. Wu got backed by his local government. Which isn't that much of a tiny local gov, at all.
Regarding the Wright assumption of beeing Satoshi himself ?! Well related to the early group of bitcoiners, maybe, he has been. Proof pending.
Roger is just Roger. An unique kind of his own.

Difficult to forecast how far their influence can reach. In an ideal setup the miners would decide upon which chain to follow. And there is a handicap. "The miners" aren't you or me anymore :(
Big miners will persue the profit for sure. Take a look at the mining revenue possible on each chain, and you'll see which one wins.

BTC will die??? I think you are kidding, look at the reputation of bitcoin, everyone start interest in bitcoin because of its price and you here say that bitcoin will die, all the users of bitcoin have completely trust on bitcoin because their future depend on bitcoin, some users invest all of their savings to bitcoin you know why? Because they know that bitcoin never dies and become stable in next hundred years.

This may true that most holders dumped their BCH. However, it is making a lot of gains and seems to be a viable alternative to BTC, especially for those who cannot or will not pay $4200 for one BTC. I can see BCH gaining a lot of ground on BTC by end of year. We'll see...
[/quote]


Remember that even if previous holders dumped their BCH: for every seller, there is a buyer. Only other alternative would be to send BCH to an address in Nirvana and destroy the private key. I seriously doubt that all buyers of the dumped BCH have not been BTC hodlers/investors before.

With the kind of rally we saw today i do think that the price would pump a lot in the future too,if you are able to get into when the price was down,then it would be great,but i am still not confident to enter when the price is high and that is the case with all the alt coins too,i do hold some coins when i got because of the split and i will be holding it for a longer time.

BCH has almost doubled today.  Gaining ground on BTC. I wouldn’t be surprised if it becomes the second in market cap by end of the year.

It’s tru that getting in now probably doesn’t seem like a good idea. But, I’ve already made .4BTC today, and its only 3 pm here.

I also dumped my BCH straight off I believe in the Bitcoin and not in Bitcoin cash. If they can't pick a side do it simply don't join either side and just join side stocks. :)

Does anybody really know what's going on with BCH?  It's crazy how it's more than doubled in 36 hours!  I'm looking for news any the only thing I can find is that it's now more profitable to mine BCH than BTC... but likely that's as a result of the sudden price increase.  I dropped by BCH for BCT and filling a little worried; so trying to find some news to help me understand it.

Well it could be and it could be not. It really depends on the pump if the bch can sustain. We do not know for sure if it will though. There could be times that when it pumps and eventually it will go down. And sometimes, it will have a big dip and will go down it applies to the case of bitcoin.  Be thankful for BCC that goes to you. It is a free money though.

No way! It's not going to 0.4 BTC, forget it. BCC isn't in any way better than BTC so new investors will not get drawn to it. They will choose BTC because it has kept on giving back to its investors since it came out in 2009. It offers a much stable and sure profit than BCC and it's accepted by many businesses around the world while BCC isn't. If I were  to put my money in one of these two BTC would be my choice.

I agree with you that BTC is the one with the most support. However, I wouldn’t bet against BCH going to .4 BTC

Currently block bcc / bch is stable and many people are getting interested bcc / bc so chances are bcc / bch will pump sometime later. I believe it

Is the transaction time really that much faster?

The transaction time of Bitcoin has always been the one factor that has prevented real world use on a larger scale.  If Bitcoin Cash is really significantly faster, I would say that it has a chance.

Believe whatever you want to believe.  Just don't say I didn't try to warn you.

Haha, thank buddy.  Trust me, I’m keeping a close eye after today.

What if whales plot a BCC pump and hold?

There was a 3 billion dollars of volume in BCC today and caused 5 billion marketcap rise.

I fear 1 whale has more buying power as this whole forum, a group of whales would dominate the market.

I doubt that BitConnect (BCC) will ever overtake Bitcoin (BTC) or Bitcoin Cash (BCH).
BCC is today only on position 11 in crypto market ranking with a market cap of significantly less than 1 Billion Dollar.
https://coinmarketcap.com/currencies/bitconnect/

Why is it so fashionable in this board to refer Bitcoin Cash as BCC?

You doń't want to enter a buy order for BCC at a Crypto Broker as you would get BitConnect and not Bitcoin Cash. And potentally you would massively overpay you unwanted BitConnect purchase.

Yes, it got me confused to. BCH it will be!

I was actually checking BitConnect and wondering why the price was so different.  Lol.

Hold on to your bcc. Don't sell your coins yet.
I know, its price will be rise soon. :-)

Thank you for straightening this one out. I have been seeing Bitcoin Cash referred to as both BCC and BCH and could not figure out which one was correct or if they were interchangeable. But if BCC is actually a symbol for another cryptocurrency then BCH must be the correct symbol for Bitcoin Cash.

You are considering a 20 days old cryptocurrency an alternative to Bitcoin?

I disagree from you that people who can't afford Bitcoin would buy BCH instead. BTC is the hottest investment today. Why would anyone needs to buy a whole Bitcoin when you can buy in Satoshis. This BCH will again be dumped whereas BTC being the number one cryptocurrency will keep on attracting investors and hence there would be an increase in price.

What makes you so sure? Many of the comments here about BCH read like religious hate propaganda. How do you know that the BTC religion is any better than BCH? Do you have facts or just beliefs?


One possible fact is that today, mining on BCH is 50% more profitable than BCT. Check on
https://cash.coin.dance/blocks
This fluctuates obviously hourly. My point is that it is not a question who is right or wrong, at the end it's decided by the market.

That depends on the perspective. The others argue that their version of Bitcoin is following the original Satoshi vision and that the BTC version of bitcoin is actually the alternative coin and the market and miners start do realize this. That argument can be supported by the high dollar transaction volume on BCH.

And even if that high BCH trading volume is a result from hodlers dumping their BCH for Fiat or BTC, remember that for every seller there is a buyer.

You might eventually regret that at some point in the future. Should the market favor BCH over BTC then holding on to both coins would have beed a good hedge. You would then monitor the combined market cap of BCH and BCT. In the investment world you are never placing all your eggs into the same basket, but you did exactly that by selling your BCH and buying more BTC.

My concern would be if BCC is too profitable, the price will be considered too high. I feel like this is a big pump and a dump is coming soon.
Holding onto both wouldn't hurt, but buying into either is a risk now.

You are right but I am sure this won't keep up for long. This same thing happened the first few weeks when the fork happened and after then holders started dumping fast at the slightest chance just to make some quick gain. But we may never know. What I don't know is if this pump may have huge positive effect later on the value. I saw this on instagram where Roger ver is thinking of dumping all his bitcoins for bch. Here is the link;
https://www.instagram.com/p/BX71kXUgbyO/

fuck the bcc i buy it when price 0.3btc and sell it 0.1btc and now he go up i have not luck with this coin 

Think about it. The consensus rules underlying a cryptocurrency are what make it worth "believing" in. The BCH developers ripped out some of Bitcoin's consensus rules (re: block size) and also won't be implementing a widely supported soft fork consensus change (Segwit). So these are two aspects where it makes sense for there to be significant disagreement. The community has been arguing for years over these rules, so it's understandable that supporters of each side have dug their heels in, so to speak.

There are technical arguments to be made for small blocks vs. big blocks, and Segwit/LN vs. increasing block size. But at this point, I think most of us have heard it all.

This is like buying Bitcoin for $900 again.  What a steal.  Gonna be BCH = $4000 in a few weeks.  Getting in now is getting in on the bottom floor. 

Hey, wait, can I sell BTC short?

I think a split is bad although we've seen from BTC / BCH and even ETH / Classic splits that the total market size is often larger post split than pre-split. If you hold your coins right / you're golden. Now with that said, I still think it's bad for the community and project as whole. Allow me to explain, the average user isn't trying to keep up with all this tech nonsense. Their money split in half!? OMG?! They don't get split chains and duplicate chains and exchanges and what not... we gotta be focused on simplifying things not making em more complicated.

Comical how  many still hold on to BCC instead of BCH. This confusion is no good.

I likewise can't phantom why people are still glorifying this Altcoin which was dead in arrival. To be honest I hate reading about them too and the calculated attempt by some people to try and compare it to Bitcoin.

You should play on the coin that you already understand,do not like to play on the coin you doubt,Profit always comes when you never hesitate,
You must be panicked by the circumstances

Yes and in exchange for all that, they gave free money that's why that alt keep alive and some users they did not care about this.

I'm not sure about "glorifying" but I'm very glad to have held on to my Bitcoin Cash. It's consolidating bullishly at the highs and threatening to break above 0.2 BCH/BTC. Do I think it's a manipulated market? Absolutely. Do I think it has strong fundamentals? No! But the dogmatic "Bitcoin Cash is dead" mantra that you guys are pushing is exactly the same as the "Bitcoin is dead!" mantra the world has been repeating for years. You guys kept repeating it, so of course we contrarians are swimming in profits as the naysayers continue to complain.

Is Coinbase considering Bitcoin Cash?

I think this chance is very low for now just by looking at the numbers. Bitcoin cash or bcc/bch has lower rate compare to that of bitcoin core or bcc. That lower rate is a big difference. Another thing is that bcc has no real suppporters which will demand for it. It has demand only because they give it away to those people who have btc in their wallet and there no one afterwards.

I think we will see BCH rising again, when Bitcoin is dumping. BCH is rising a little bit right now, but the real crazy moves are going on while a bitcoin dip or a downtrend.

I bought a lot of BCH at 0.06 and I am glad that ive done that. Going to hold it for a while. Waiting for the next Bitcoin doom!

Bitcoin Cash is the future of Bitcoin and crypto. There are no more questions.

These days the holdings of BCH are a good hedge against the correction in BCT. I am glad that I never sold my BCH.