Bitcoin Forum

Its at number 3 now at market cap. I thought peeps will dump it to value 0 but looking at the price it shot up over 50%. Why price shot up? Is this a serious competitor threat to bitcoin btc itself? Are peeps dumping their btc for bcc?
What to do?

The problem is that you can't actually dump it yet.  Most exchanges still haven't actually enabled deposits and withdrawals of it, including Bittrex last time I checked (wallet maintenance).  The clients for it are also pretty buggy and people are finding it difficult to split their coins.  It's understandable considering that BCH basically just popped up over the last few weeks.

So I do expect at least some kind of dump after BCH is easier for people to deal with - it's still being treated as "free money" by many considering that it hasn't really caused the BTC price to drop at all - but regardless, I'll be HODLing it along with my BTC.

It's basically a massive hype machine, so I would regret selling it a few years from now when there's a massive pump and everyone thinks that it's the greatest technology ever created.

Anyway it's no threat for BTC.  It's worth nothing in comparison and is accepted by about zero merchants. 

it is way too soon to even begin to speculate about bitcoin cash future price and any number you see now is unreliable, they just listed it a couple of hours ago for gods sake. and none of them even have opened any deposits!!!

let me put it this way. click here: https://coinmarketcap.com/currencies/lisk/
and look at the chart, zoom in on April. this is a good example actually. by that time Lisk was not released yet. 2 exchanges listed it on their exchange for trading. the price went up because of it and was dumped as soon as LSK was released and people could make deposits.

and remember it is up to you to dump or hold. i can't really tell you what to do. whatever you decide to do make sure to think about it well enough.

Which exchanges are currently working at the moment with bitcoin cash?

How about kraken exchange?

Ok I can see btc price hasn't been affected that much so when do we expect to see btc price to take a dip? Is it when peeps dump their bcc bitcoin cash?

take a look at this list:
https://coinmarketcap.com/currencies/bitcoin-cash/#markets

we are expecting btc price to rise up then dip either after it reached $3000 once again and stay on $2900 ish or dip after it reached $3600 and stay around $3400-$3500
and if anything the "peeps" dumping the bcc bitcoin will go higher ;)

You can go ahead, dump and regret later when the price reaches $1000. I am keeping my BCH, infact when this dust settles and the price stabilises. I will buy a few. Welcome to the free market.

But the thing is, most of the users get their equivalent number of their Bitcoin Cash of their Bitcoin so they can sell it and have a good profit out of it, in short they look at it as a miney giveaway from the panic it made these weeks.

But if you are willing to wait I think there is a chance if it being profitable in the future especially the higher ones.

You talk as if you bought Bitcoin Cash and now feel like the king of investment. Those coins you got for free and I'm not sure that such coins will anything be worth in a month. The best option for their owners to sell them quickly then it will be too late. Welcome to the free market.

Ok i mean which exchanges now have the deposit function working for bitcoin cash?

you have to have an account in each of these to manually check but from my accounts on bittrex, yobit and cryptopia i can tell you they don't accept any deposit yet.

and as far as i know exchanges have not yet enabled deposits because the blockchain of bitcoin cash is very unstable right now. it needs to become stable and trusted then enable deposits otherwise there is a big risk for exchanges to lose a lot of money.

Yeah... I am also holding on to my hard earned BCH coins. But I have to warn you that the prices may dip considerably in the next few days, when the exchanges start enabling BTC-BCH trade. Whales such as Roger Ver are going to mop up all the available BCH during the dump. I expect the prices to reach at least $1,000 per coin by the end of this month.

I am finding an exchanger too, the common exchanger that is suggested by my friends are Bittrex but at the moment the Bitcoin Cash wallets are still at maintenance. We just need to wait for another update about that soon. For now let's enjoy a usual day without panic.

I also didn't expect to see such high price, it's just a record! I am also confused about reasons of such instant growth. Also I was surprised to see few BCC in my online wallet, I thought only users with private keys will get it.

The only reason the price is so inflated, is because NO ONE can still send their BCH shitcoin to Exchanges, none of them are accepting BCH yet.

Once Exchanges accept incoming BCH transactions, people will immediately start dumping it, causing the price to crash.

Ok when do you think or guess bcc bitcoin cash will be stable/trusted ready for exchanges?

I actually don't see a reason on why to dump it, just wait for the exchanges to start accepting it and Exchange it into something more profitable and earn some good money. Don't let it go to a total waste.

Yeah if the majority will dump their bcc the more bitcoin will pump.
Im planning to dump my bcc soon as I dont like it. Just sell it and buy some altcoin.
Prefer to hold other altcoin than holding such a imitation of bitcoin.

I think to people who are holding in their hard wallet which has private key will get BCC coins. So it is there whether to dump them or wait for a higher price in the market. Many people are selling them in the market because what is the future of BCC nobody can expect.

Yes, most exchanges have already credited their members with the share of free BitcoinCash (BCH) but trading for the said coin is not yet operational no wonder there is actually no big dump happening. Well, its good thing this way so that the value can keep on rising and by the time people would start selling their BCH the value can still be good.

I believe that there is enough space for BCH in the cryptoverse and it does not have to kill its mother Bitcoin as they can live each other peacefully. We can own Bitcoin and at the same this new altcoin. We will see in the coming days how these two separated coins would behave.

Bitcoin Cash is free asset for you so it will be up-to you that you want to make some btc of free asset or more of it, as for now you can't deposit or withdraw BCC so far but if your BCC were already in Bittrex then its your wish, As i believe that there are few Bitcoin holder who got BCC for free they are waiting for its standard price where it will be normal for now the price is just a pump so its not yet fix its going more upwards or there will be huge dump after deposit and withdrawal will be enabled. take your time time take your decisions and if you dump also that's free so what ever you make that's your free income.

Just wait a little longer, people seem excited about this and price is increasing, but as soon as people are able to transfer their Bitmain coins to exchange, their will be a lot of blood, this is free money, the think is, there's no free lunch in the markets.

You should not throw away your bitcoin cash. You can wait for all exchange to activate bitcoin cash so you will exchange it with bitcoin or other altcoin. It still takes time for bitcoin cash to become popular like bitcoin. Let alone the bitcoin cash you get for free on your wallet. It's better to wait for the best time later.

$500 USD for BCC now, crazy, but yes there are heaps of people still not able to follow up on their strategy of dumping BCC yet so I expect huge volatility in price ahead.

I haven't bought any BCH as yet. I plan to buy BCH alot of it, my portfolio will be atleast 15 to 20% BCH. I am planning buy after all the fools have dumped. BCH will still be hear after a month, sit tight and enjoy the ride. Volatility comes with the territory.

Agree with you. Stellar was issued free, and look at it now.

I agree it's every individual's own choice to dump or not. The majority of people as seen on this forum are only waiting for the time when they will be allowed to sell and dump it on various different exchanges. But if you think that it's worth holding then you can do so I personally think that I would dump it once I get a chance to do so.

well most of the people who understand how to claim a free money will make their moves after the exchange open this function i dont believe
that someone will hold it for much longer time and wait for it to grow even more as downfall is just around the corner after it will be available
to dump the free share.

As it happens all the time in Crypto Pump and Dump but there one positive after a huge pump and huge dump Value Stabilization, I believe BCC also need that and that will happen when all the exchange will be ready for withdrawal and deposit, I only trade with Bittrex and current situation with them is BCC wallet is under maintenance but we can still trade whatever balance is available on bittrex. I am waiting for BCC to come at one stable price so all of crypto lovers could decide what to do. Good Luck

I have learned in order to get ahead and succeed in crypto you must find out whatever most people are doing - and do the opposite. Most people are sheep, and sheep usually don't get ahead in life. In this case, most people will be dumping their BCH on exchanges once possible, so I will hold it and not choose to dump it.

I agree with you.
BCH can reach to 1500$ very quickly.
I bought some BCH at cheap rate.
I am waiting BCH to explode.
But I don't think it can compete with BTC.

I just dumped BCH on Bitrex for 0.25 BTC.. and I might rebuy back in a couple of days/week if the price plummets.. BCH will be a successful coin, I didn't think it would, almost nobody did.. but it still will be

Damn. Just noticed on Bittrex that it hit 0.48 earlier. WTF!!!
I had some coin on there up until the 30th but pulled it at the last minute as wasn't sure I'd get the BCC on there.
Someone made out like a bandit.

I think you must dump your bitcoin cash, remember the transaction gateway have not opened. I will believe the big dump for bitcoin cash will have happened in the future. Remember my words, because that will be so difficult to make a transaction in bitcoincash. You need 10 days to deliver your transaction. A lot of miners already quit from bitcoincsah.

It hit 0.48578900, and now it's falling below 0.31000000. It'll be very interesting to see where it lands in a few weeks or months from today.

Isn't it too early to conclude this? If the price increases, more miners will join in and blocks will be found quicker. Plus the difficulty will also be adjusted in some time. And if the price increases, community and merchant support will follow.

Why don't you dump yet? Which exchange are you using? If you use Bittrex you should sell them already.
Bitcoin Cash is overpriced and when they open deposit/withdraw it will be dumped very hard.

Thank you so much. We need more people like you, who let us buy BCH at low price.  :D

yes I think you're totaly right. BCH is on the third place on Coinmarketcap, despite being a baby. In few days many miners will support it and merchants too since it's faster and cheaper than btc

It's too early to dump your bch/bcc, because no merchants/exchagers yet buying it for now, but when there are exchangers and merchants who are buying it, it's definitely going to increase its price, but it will not be a bitcoin competitor Because it's just clone of the bitcoin. So I suggest you hold your BCH/BCC first and do not dump it because it's too early to decide to dump your BCH, i think its took too long but you need to wait until it pump.

maybe we can sell it now and buy back when it dips. but its up to hou if you believe that bcc will withstand its position in the marketcap. i am excited to see what will be the result of bcc's position in marketcap

Just thinking to play with it when its just introduce from trex started at .14-17btc range but due to possibility that anytime the deposit will be available I wasn't touch it if I got it in the right timing I should get a good profits but its not my minds and hearts telling me since this coin really got a big chance being dumped hard.

Traders at Bittrex is now enjoying the BCC up and down trends while the other exchanges experience dump all at the same time, hold if you think the value will somehow rise and reach the bittrex price or dump and never look back.

Yes dump cash and buy some NEM before its too late

As it is considered free money by so many, there will be a massive dump for sure. Its just an alt, for what use is it irl? Lets put it this way, there will be 100 people selling for every 5 people buying imo. (probably more) As soon as it hits the markets, when people can deposit it there, just watch! A dumpathon.

maybe its true/maybe its not. when the project was fall and the bcc(they said free) is going to dump.i think the company know about this and they have more plans to avoid this. let us wait and watch what happen next.


in the end we dont know what happen next in this big event. its up to those who had bcc/bch when they dump or hold. and like other folk said when you dump yours. "dont never look back"


yeah its considered a free money. in other way those free money has a potential to grow. let say its has 90% chance to fall but its has a 10% left to raise up again. as long as there is a percentage left to raise up again it has possibility to success no matter what. as if the management want it to raise up after the dumpathon (if dumphaton exist)  :o

u should dump it as soon as you can send it to any exchange, people with btc in his cold wallet did not get access yet to his bcc tgats why the price is going up yesterday, but when they redem it the price will dump to nothing IMO

For me I'm sure there's no buying back anymore when I sell my bch.
Just sell it and buy some coins like eth and waves. At least Im sure that these coins will give me profit and will survive in a long run.

Coinmarketcap saying bitcoin cash dropped over 30% value now  :o

That means a dump is happening, but how is this dump happening when bitcoin cash deposits are not working at exchanges at the moment or are they  ???

Hitbtc accepts deposits

Hitbtc rates at the moment are not that good any other exchanges with better rates?

I'm thinking of it as a way to get some money out without actually reducing my BTC holdings.

I just read that bittrex accepts deposits, so you can dump it there. But price also already went down and goes further down. ATM at 0.16

We will soon see what the price of it will be

Hitbtc scam ; beware

Some exchanges they do started but some not yet and about balance any exchange supporting BCC they funded us with BCC already which we can trade, As Bittrex funded me with BCC so if I want i can trade them but till now deposit and withdrawal is not enable in Bittrex. Dumo are happening from them who were holding huge amount of BTC in bittrex before 31st.

hi ; what are different betwen bch and bcc?

Oh my God those 20 confirmations for the deposit to become valid will take forever  :o

There is no any difference
That is Actually same coin BITCOINCASH
but some exchange call in BIT COIN CASH and named BCC and some exchange call it Bitcoin CasH its just namly different according to different exchanges so you don't need to be confused on that.

For More information on BCC or to claim your BCC/BCH you can follow this link Here (https://bitcointalk.org/index.php?topic=2059111.0)

Still displaying 0/20 confirmations  :(

At this rate there's no point dumping them. ::)

Hype for this coin is over. Im thinking what kind of thing that is backing up this coin. I just know that they give it for free and I think it has no value. It's just my opinion and just correct me if Im wrong.

It still has a low 21 million supply which is good for deflation which will give it value correct? Its lower than litecoin.

bcc is a trick coin till  beginning  ;D they raised the price and sold when there was enough volume  ;D

bcc is the new sexy and hype is not over yer.but i already dumped  :D..never gonna look back to this coin again

how much confirmation you have now?

Well definitely no buying back for me when I sell it.
I'll dump it sooner when bittrex already have orders for bch.
Sell it and I'll buy other altcoins that worth holding and have a great potential in the market.

In theory yes,the supply could be the same as BTC,but isn´t difficult to imagine that some can not be claimed,which reduces considerably the same,this characteristic is the one that could cause  to have a high value but not equal to BTC,clarifying that as long as the network is operating in good condition and no faults occur and the speed is reasonably acceptable,so finally everyone decides if dump it or not,for example only in the present day the price seems to be adjusting to the low in a hurry possibly because several people are selling hurriedly.

There is a surge of BCH price right now. If you think this will go on then hold your share. But if you think that this surge is temporary and a dump will ensue then sell them already while the price is still high. The crowd is split I think. Some are holding and some are selling.

Ride with caution, it is alright to gain profit at the current situation but you have to ensure you will properly monitor
as the price may go back to its original or average price once whales are down selling.
BCC has skyrocketed after the hard fork and that is not a good movement to trust if you will ask me.

Such a horrible advice it is! Buying bitcoin cash or waves and eths is a mere stupidity.
These coins do not have potential of producing huge profits. They are mere wastage of time and money. I will advise him to keep his bitcoin cash with him. They will produce significant profit as compared to these coins.

dump it! before too late

Are you going to buy back in the future?

That is very temporary. Look at the situation of Bitcoin Cash now. It is already losing large percentages everyday. Bitcoin Cash holders are still dumping their free money. You also do the same. If you think Bitcoin Cash has a future, you can always buy soon.

who hold btc they already get bcc and many of them will sell their bcc.Because nobody don't know what is the future of BCC.

If analysic the mentality of trader on market, after see the price of Bitcoin in today reach to highest price, most trader will sell your Bitcoin Cash as soon as possible for have Bitcoin and enjoy it. So, the price of Bitcoin Cash still can drop in next few days.

I hope you did dump it at $500+ (I did at $650), dumping now makes no sense, better to hold a wait for some future pump. I might rebuy in at bellow $100 mark if it turns out to be useful or just to wait for that pump, that will happen.. someday :D

What are you even waiting for you should have sold it long ago if younare still holding i feel bad for you many already sold their coin when the price was 700$ but now the price is nowhere close to it and feel to 250$. My recommendation sell it as soon as possible don't think of holding for the future it will not have a value

i aggre with you
the status of that coin just a "FREE COIN" from btc holders , I was shocked when I saw its price up to 0.26 ++
but now , price so lost.

It is tough to trade right now and will be until price starts making higher highs and higher lows. I don't think Bitcoin Cash has found a bottom yet but that is just me.

Sell

If you want rebuy back when the volume stabilizes, sign that the initial dump might be over

What is happening now? BCH is Falling to less than $200
Do you guys think BCH will recover from this or is this just pure manipulation game of the Whale?

Maybe there will be a recovery once the difficult is adjusted and blocks are mined quickly

maybe yes and maybe not, but if there is any support from bitcoin cash, i think the price will be recover to the price before and maybe it could be increase. i guess if the exchanges have open their market for bcc, there will be a dump and pump and many people which have bcc for free will be using this opportunity to make profit or recover their loss.

The exact direction is either to go up or to go down, meaning either way.  ;D But the general trend is downwards I guess. Free money can easily be let go of. But when people starts buying when the price is low, then we will know how much price really is for BCH.

universal gamble.
raise extremely
fall extremely
big fat major playing a new game now.

I'm holding my bitcoin cash for a very long time. This whole scene is brainwashing holders to dump their free coins. Just wait, everyone will be buying back when it pumps towards and past .5 btc price. Could it reach bitcoin price parity? yes it could, because it will be mostly whale owned and they can put the price anywhere they want it thanks to idiots that dumped for under .1.

BCC holders are still dumping their free money. Why would BCC cost more than BTX?

brave to you , if u hold it for long time .
u know , price hard to raise because circulation same like btc , did u thinking about that ?
what u thinking about this coin ?
1:1 with BTC ?
because u need 1 btc to get free 1 bch ?

I also think that we should at least hold some of bitcoin cash in order to be part of the ride to moon if it increases in value. The coin is not that bad. Though it can’t replace or compete with bitcoins but still its value is far better than many of the altcoins. I also appreciate his brave move of keeping bitcoin cash when all are dumping it.

I heard many merchants are going to support it. If you read reddit/btc, there are many supporters there.

Every altcoin ever says that kind of stuff, there is no real reason to believe it, technical development of Bitcoin Cash is inferior to Bitcoin, a lot inferior, unless they start copying code from Bitcoin which would be really weird.

I don't think you should completely dump it as we know some miners support it and will keep supporting it. If I had some cash I would dump some in peak and would sit with small amount for future.

Why do you really want to dump your Bitcoin Cash?
Bitcoin Cash is a valuable asset, the price can reach $1k mark very soon.
Don't dump it, just save it! You may thank me later.   

I did this. After BCH offer, I sold 85% of my BCH coins on bittrex. The price was actually way high, around 0.4 BTC. I decided to keep the rest for possible huge pumps on BCH, but it dropped down after that. I'm still keeping 15% of my BCH for future.

The issue for merchants is that transaction fees for bitcoin are too high and the length of time it takes for transactions to be included in blocks is also too long. So they will either switch to bitcoincash once it stabalises, or look for an alt.

Look at the number of exchanges that allow you to change alts like ltc, eth and bch directly into fiat, so you can bypass bitcoin. That is a trend that will continue.

Now there maybe some people who regret having thrown bcc, or who ever looked it one eye. Bcc conditions in market is awesome, even the most profitable altcoin. the surge occurs very obvious gives a significant advantage for those who are solid in bcc. Possibly, this is one of responses to btc on high tx fee.

That is right. The transaction fee is low. I start using Bitcoin Cash.