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Title: Chart of the Day | Bitcoin Cash Crashing Post by: valerie_zurich on October 03, 2017, 05:44:57 PM Bitcoin Cash (https://cryptocoincharts.info/coins/show/bch) has crashed bellow $400 though today's trading session. With BCH/USD markets (https://cryptocoincharts.info/pair/bch/usd) experiencing a price fall greater than 5% in the past 24 hours, many traders seem to be fleeing the currency.
https://i.imgur.com/jLCdRVd.gif Chart source: https://cryptocoincharts.info/pair/bch/usd/bitfinex/today Title: Re: Chart of the Day | Bitcoin Cash Crashing Post by: psy0 on October 03, 2017, 05:52:45 PM Well its the same with almost every other altcoin, especially major ones.
Could you share where you think the bull run for btc will slow down? Title: Re: Chart of the Day | Bitcoin Cash Crashing Post by: candy27 on October 03, 2017, 06:10:30 PM It's because both XAPO and Bitstamp have at last distributed bitcoincash to people who held bitcoin with them on August 1st.
That means there is a new supply hitting the market as people withdraw their bitcoincash and sell. Expect the same thing to happen in January when Coinbase distributes bitcoincash to their members. Title: Re: Chart of the Day | Bitcoin Cash Crashing Post by: secone on October 03, 2017, 06:14:20 PM i think its normal, due the bitcoin price rising, other altcoin like ethereum, bitcoin cash etc. will be crashing for some momenth.
for now im still holding arround 20eth, and waiting price back to $400 maybe $500 |
