Bitcoin Forum

Hello guys,

i noticed BCH is going up rapidly again. I can't think of any reason why BCH should rise in price. I don't see how a few exchanges / wallet provider implementing BCH could lead
to such a rise in price. This seems to me as there is another pump (followed by another dump) of BCH.

https://i.imgur.com/c1FXGpC.png


I actually dont understand why people think BCH is better than BTC in any way.
BCH has been forked for 8 MB blocks.. but still those blocks are ~100-200 KB big.. In addition to that BCH processes an amount of TX's which isn't even worth mentioning.

https://i.imgur.com/HhIj3Zv.png


So what do you guys think about Bit Shitcoin Cash? Another Pump and dump? Or some people really believe it solves any issue?
How do you guys react? Do you jump on the train which is doomed to crash and try to get out before its too late? Or you just don't care at all?
I'd like to hear your opinions!

Bitcoin cash just another PnD coin and no more. The bitcoin cash doesn't solve anything. it just hyped coin. many people are blind to support that craps coin caused by the bitmain support. A lot of people are using the ethereum transaction right now. Bitcoin cash was nothing.

Don't forget the miners, they only think about profit, so every time bitcoin cash more profitable than bitcoin they mine it, so they can set pumps and dumps.

Yes, it is a useless coin with no obvious use at all. All it is doing is riding on the bitcoin name.
I don't bother following bitcoin cash. Do they still have that quick difficulty adjustment? That in itself causes pump and dump as miners flock to and from the coin.

that is why bitcoin cash and other bitcoin fork is only made bitcoin inhibit the development and ecosystem. and I believe because of it bitcoin is flawed since bitcoin cash created. Yeah, it's called Emergency Difficulty Adjustment. it was done in order to keep the chain alive when the miner is only few so its decrease the difficulty to be able to find more blocks easier.

bitstamp listed (or i think promised to list) bitcoin cash on their platform. that always means pump for any altcoin not just BCH. people automatically get excited about a meaningless news like this and start buying that coin. it is a good pump though, i enjoyed the ride. i sold some on top at 0.02BTC but i am still holding some more, i don't know how much this pump is going to be.

we can't stop them from pumping the shitcoin, might as well enjoy the rise!

Yes I have been constantly monitoring the news about altcoin rates and see that Bitcoin Cash is rapidly growing. Honestly I cannot understand the reason of this phenomenon. Suppose, it will have a fall soon

If you think from the perspective of the miners, indeed they will choose to mine a higher interest BCH, after all, miners are to make money. CORE team can not think of a solution, S2X fork program has also been shelved.
In contrast, I still choose to invest in other ALTCOIN or participate in ICO.

I support with you mate you have a good explanation people blind today but later on all of them turning back to support into the bitcoin, if they realize the bitcoin are most expensive and keep increasing the price in the marketcap.

I do not think that Bitcoin cash is so important crypto, which pumps and dumps affect all the c world of crypto. Suppose BCC will slowly go down, however it might not happen this year.