Bitcoin Forum

why BCH price down fast after break many numbers ???

why it rise again after back to 800$ ???

It should be relaxed some time, give it some time young bull  :) don't be rush. Unlike most people I think it is very good coin and it will go up more in the following months.

It has risen too fast. I think it will consolidate at the current level for a few weeks.

Exactly. There was just no way of bch rising so much and staying with the price it achieved. I don't think the coin is good but there are many people who are pretty confident about it and that's enough for bch to be on its high position and probably even rise a lot once in a while. If you (op) bought the coins on high prices - I guess it's too bad, because we are not likely to see such price changes with bitcoin cash in the near future. I suggest you to concentrate on other coins on the market.

Because it was an unsuccessful pump to gain power. It has more room to drop.

It was a bubble. Every single bubble will pop eventually one way or another. With BCH it rose by 150-200% in one day, something that is definitely not going to be a sustainable level for the long term. So the dump essentially took the price down to around the starting level.

Now that it is significantly cheaper than when it was at its ATH, if you believe in BCH's future you could buy at a much better rate.

But for me, i don't believe in BCH. So it's up to you.

It is just part of a common trend, something pumps too quick and inevitably crashes back down afterwards, try not to think of it in terms of crashing from 2.5k to 1k and instead consider it was only 400 usd a matter of days ago.

I think that Roger Ver is pumping the coin himself so he could sucker people into purchasing the coins that he has on his buy/sell orders.

Bitcoincash is indeed very unclear, It rises and falls very fast.
i think bitcoincash will not survive in the future

Generally Bitcoin Cash price is falling and some rises like what you mentioned are normal in all the cryptocurrecies as prices are always fluctuating.

The real question is why you thought that the price was going to be maintained for a long time, anyone that watched the high price that BCH reached knew that price could not be maintained I hope you did not invested when BCH reached its peak because you are going to need to hold for a long time if that was the case.

I feel with how much has already happened between BTC and BCH, its evident that BCH is here to stay, and will be a a valuable crypto in the time to come. Its highly unlikely though that it will ever dethrone the powerhouse BTC has become.

The fall of Bitcoin Cash was not as hard as hitting as low as $800. It was a great fall just the same because it went down quickly and lost as high as $1,000 plus but it remained to be in the $1,000 level. As of the moment, Bitcoin Cash is still beyond the $1,000 mark. To be exact, the coinmarketcap statistics indicates that Bitcoin Cash is priced at $1,200 right now but in terms of volume, it is still second to Bitcoin. However, the big fall was like an indication that the pump was caused by a few people.

I think that although BCH often has a down fast, it doesn't mean BCH is weak and can't moving greener back thereafter.. on its price movement. BCH is clearly supported by certain parties, and certainly many investors are also interested on investing in it, it could be the reason BCH has such a price movement.

I think bch rising is just another pump event, but I do realize that there are some people supporting bch, that is why the price could go up, but there are not too many support that's why the price go down very fast, but bch is an interesting coin, some people think it has a good future some people think it as shitcoun, the price is really unpredictable

bch is such a shit coin, only pump and dump coin controlled by few mining groups of korea and china... it just had a bigger block size thats it... it does not have any true potentiality to outrace the king of crypto currency called bitcoin.... hope u understand what i am saying guys.... there are many people out there... poor guys lost so much money in the recent days pump and dump scheme

Bch price is down because it is scam and nowone is going to buy it. Dont try to become rich just buying altcoins and hope that they will raise you waste your time. Just try to find something else where you can make money.

I do not think this coin is good either. In fact, I am certain almost everyone who traded BCH did not think the coin is good, but they knew the price boom was happening so got into it for that. I think even secretly the people who supported BCH will always be jealous of the things bitcoin has and bitcoin cash pretends to have. In the end, we all see through their illussions. They even see through it. Nobody is fooled.

The pump above $1000 was pure speculation, pure pump. It will happen again.

there is no place else better than altcoin market to make a lot of money!
the manipulations and pump and dumps are the biggest profit that anyone can hope for. the trick is knowing which coin is rising when and by knowing that you position yourself in early stages of the rise and make the biggest amount of profit while others still chase their own tails trying to figure out why things are happening!

Because increase of price was unstable may be bubble to make many people invest in it days will give us more clear answers.
The closest description of BCH is the bubble that may explode at any moment.
if I am a bold investor, I can describe to you that it is the best investment at all.
As for the novice investors, they are investment missteps at all because prices can explode at any moment.

That is the correct way to look at it but at the same time all of those that bought when the price was that high are never going to see it that way since now they are going to need to sell for a terrible price or hold and wait when the miners will want to pump the coin once again.

There is a lot of manipulation going on in crypto currencies market this day and most of this manipulation happen through the activities of pump and dump group. Bitcoin cash price is not stable because of the whales that are pumping and dumping it. We have see a lot of price fluctuations this days and the most favorable way for traders to do is following the price action in purchasing and selling Bitcoin cash.

Bitcoin cash can raise cause there are great supporters behind it. Basically miners won't let it die easily. I tried cash also, it works great. Of course faster than bitcoin. I think it will stay around high prices.

That is the right approach to take a gander at it yet in the meantime those that purchased when the cost was that high are never going to see it that path since now they will need to offer at a repulsive cost or hold and hold up when the excavators will need to pump the coin by and by.

I saw many merchants start accepting bitcoin cash. It will also upgrade in May again.

That is the correct way to deal with look at it yet meanwhile those that acquired when the cost was that high are never going to see it that way since now they should offer at a frightful cost or hold and hold up when the excavators should draw the coin eventually.

This past week was mostly bearish since bitcoin cash price declined by more than $250.

Yeah quite right, and I don't think so it can recover without bitcoin recovery, as altcoins go with bitcoin.

I have sold all my bch and seeing this i checked bch chart. I think that the $900  support will hold. If that support line will not hold then we may see it go down to $600. For that price i will personally buy BCH again.

I think the price of the BCH relative to BTC is important. That ratio is quite stable and above 0.1.

That is the proper thanks to upset explore it nonetheless in the meantime people who nonheritable once value was that prime area unit ne'er about to see it that means since currently ought to provide at a frightful cost or hold and setback once the excavators should draw the coin eventually.

I do not think that it will be higher than $1500 in a short period of time, it is not worth it at the moment.
Even if it happens, bitcoin will be back to $10000 at least.

Most the price of coins are following Bitcoins. So we should concerned on the price of Bitcoin.

In the past few months, the BCH dropped less than Bitcoin.

Bitcoin cash follows top 10 coins. If Bitcoin/Ethereum/Litecoin rises Bitcoin Cash rises too.

The price of most crypto are controlled by bitcoin, the more it rises, the more altcoin rise and vice versa and presently the price of almost all coin in crypto are down. I believe if the price of bitcoin rise, the price of bch will also increase.

You are right, Bitcoin will raise automatically all the altcoins are raise in the market. But this is not a exact prediction my suggestion is every year peoples are investing in Cryptocurrency but no one is realise the crypto pump. Because Bitcoin is growing slowly but altcoins are growing fastly because of demand in new platform. So altcoins are growing rapidly in every hype.

BCH price is determined by demand and supply. Up and down it's normal, depending on us too, if we have a bch and sell everything then the price will go down, we also become one of the people who can determine the price of bch.

I also do not know about this because I know this coin is trying to overtake the bitcoin price and trying to replace bitcoin but it's hard to replace because the parent bitcoin of all altcoin, therefore I'm sure BCH will return good and can benefit again

I think the some of the reason for this up and down fluctuation in the price of BCH is due to the rate of buy and selling, if the rate at which people buy BCH is very high, it may influence the price and then it will rise but if the rate at which people sell due to panic is high, it will also affect the price and then it falls but generally, almost all altcoin price is down now due to the fall in price of bitcoin because it controls the price of other coin.

Recently bitcoin cash showed signs of growth when bitcoin as well other digital currencies were declining in value. This caused people focus towards bitcoin cash for trading and other invest requirements. When bitcoin cash got split from the main chain it was speculated that it won't grow big. Later this grew gradually and now it is showing almost same form of growth as bitcoin and ethereum which are above the bitcoin cash in terms of market.

it is all about money flow. the money is always flowing in bitcoin, nowhere else. it may temporarily go somewhere else like in altcoins but even when it goes there it is doing it so that traders can have more bitcoin in their pockets.
this is why altcoins move like this, when bitcoin is rising they all dump their altcoins to go back to bitcoin to benefit  from that rise. they also dump their altcoins so that they have money to buy bitcoin when it drops that is why altcoins get dumped like this.

I think that Bitcoin Cash does not have a big future in the long term, now the price for it is declining as demand for it falls. But the cryptocurrency market is not predictable, so we will observe.

I agree with this, it doesn't offer anything more than other coins. Just a difference in transaction speed and price otherwise nothing special. Only real benefit is that it is listed on coinbase otherwise it's nothing more than a copy coin.

bitcoin cash has always been a shit coin and we all know that, you do not need to be a genious to understand that it has been a pump & dump coin

Wait until someone who's a bitcoin cash holder comes to defend this and I also agree that this doesn't have a future.
It claims to be the "bitcoin" in the crypto market and probably fooled many new crypto investors and with that desperate move it only means that it shouldn't be trusted.

Lucky those people who sold more than $4k+ - $2k+ when it started to fall. When bitcoin falls, bitcoin cash falls so I'd rather invest to bitcoin instead of this.