Bitcoin Forum

Hi,
What is going on with Bitcoin Cash?!
Why is it raising so fast in the last 2 weeks?!
Do you think it's a good decision to invest in Bitcoin Cash right now?

Honestly I cannot say that I know the reason for the price increase but I would avoid buying it right now unless you discover some extraordinary reason for the price increase. It is said you should always buy low and sell high and right now bitcoin cash seems to be high.

No. This is the last flame before being a definitely burnt coin, after the segwit2x fork no-one will support altcoin cash.

If you didn't before, my suggestion is dump all the remaining coins now.

it is being pumped! https://en.wikipedia.org/wiki/Pump_and_dump

there are different theories.
some say it is done to take the hashrate from bitcoin to bitcoin cash and then cause some delays in bitcoin chain in order to push for SegWit2x fork.
i say it may be true.
also the fact that market was ready for a BCH pump means people were watching it to jump on board. that lone means a nice pump for any altcoin.

a better decision was to speculate about this sooner and buy when price was still low. now you would be buying into the pump. although since pump is not over yet and there is more rise to come, it can be a good investment.

It is unwise to invest in bitcoin cash right now. I don't know why bitcoin cash is raising so much but investing on it right now is a very risky investment. The probability of it being manipulated is very high, therefore, the chance of it being dumped soon is higher than the probability of it going up more. The wisest decision for now is to take advantage of the rise, sell some bitcoin cash you have if you have hold it. It is better than selling at a lower price later.

I bet that the Bitcoin Cash's rise is purely a pump and dump scheme of some rich guys to get some quick profit out of it. The pump has already started, so it's very risky to buy into it now. But if you have any remaining BCH coins, I would sell them now... it might be the last chance to get rid of them at higher price.
In long term, I think that investing in Bitcoin Cash is not a good idea as the coin will probably just slowly die over time... there's no real reason why it should exist and I consider it to a purely speculative asset with no future.

Don't invest, it will fall back after the stupid pump

Maybe a lot of people expect that bitcoin will correct a little bit. And the most time bitcoin corrected, Bitcoin cash raised up!

There a another simple explanation.
A fresh bunch of BCH it's just releasing from miners because it's profitable to mine it.

CQFD

I have just sold all my BCH before the price falls back again. As you say, BCH does not really have a future (same for bitcoingold). The price rise we see now and we have seen in the past are just pump and dumps, there is no real reason/logic why the price is rising.

It's driven from Korea, before they did the same with Litecoin. Not sure if there is anything substantial behind, probably not.

Thank you all

             I think you got a point my friend, and for if you are just buying it because you feel like its going to skyrocket because of the current movement, there is also a big tendency that you will lose big when it will begin to drop prices so it is better for now to think carefully, or if you are willing to risk then why not.

Is CQFD a hard fork of bitcoin cash?!?  ;D

the coming fork should fix that..

There is no BCH fork coming. Don't know where you got that idea from. It is not BTC!

I actually don't know why it is raising now. My friend has now some coins so he is lucky that its worth something. I told him to save it for few years and sell it when it is worth a lot.

I have bitcoins, but i didn't pay any attention to bitcoin cash though.

The difficulty adjustment  hardfork already delayed imo but you can try to see the more update on the crypto related site. It seems a lot of people are talking about the bitcoin cash right now. as the bitcoin cash become the second trending topic after the bitcoin.
This time is not a good time to invest in the bitcoin cash because you are missing the train and the bitcoin cash already gone to the moon.

I think for now it is not a thing that you should do to invest as much as possible in the bitcoin cash. Because the level of the basic steps and also not too clear and it would be much better if you want to invest then bitcoin is the right thing to do. Because it is already very clear future bitcoin, unlike bitcoin cash. Where it can still be changed in a short time, but if you want to invest in it then go for it but with a number of standard

bitcoin cash to da moon ! we need a big block bitcoin to see who is right in the futur

It just keeps going up!!! Why???

I think Bitcoin Cash is being pumped, not a good decision if you want to invest in coins that are being pumped unless you want to take risks


Sorry i don't need big block, what i want is a big profits  :D

have you never seen a pump of an altcoin before? if not this is it :D

the whales of it, mainly bitmain, have been making money and setting it aside for this time for months now. and because of SegWit2x and the fact that it is going to cause some fluctuations in bitcoin is a good opportunity to start the pump of the competition shitcoin called BCH.

it is also some kind of incentive for miners to switch too.

There is a BCH fork on November 13th to make changes to the EDA, see here https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/

what about this article here?

https://www.coindesk.com/split-no-split-bitcoin-miners-see-no-certainty-segwit2x-fork/

There a miner says that they reinvest most of their bitcoin into bitcoin cash? Just fake news to pump or does it seem legit?

I think it is because of the disappointment of bitcoin gold and some people are speculating there will be no bitcoin split in two weeks which means there will be less competitors for bitcoin cash. Also a great portion of the trading volume comes from Korea--bitcoin saw the same rally last year when China and Japan had a big demand.

I would believe BCH will continue to grow as it gains more popularity. People love popular coins LOL

You speak as though no other coins gets pumped and dumped. All coins get pumped and dumped everyday, including bitcoin.

PO invest in whatever coin you think is worth your money. Its your money and we shouldn't have any opinion about how you chose to spend it.

they just want to destroy bitcoin so they are pumping bitcoin cash, the segwit2x is the hostile attack on bitcoin core. When 2 fights the 3rd one will most likely benefit, I wish I had some inside info from Korea, I could have made double my money because bch was 300$ one time and now it is almost 700$. I hope that they will not succeed the bitcoin, community is very strong and I hope they will dump bitcoin2x as soon as they will get them and will use only core bitcoin.

I think bitcoincash is profitable for investors. They have investment sites. You can invest on bitcoincash weather its price is high or low.

The news about coming soon fork makes this crypto growing. They say this fork will decide the problem of mining related to the peculiarities of the Bitcoin Cash algorithm. Today its growth was great again: +13%. Now, when I am writing this message, it costs about $660.

Huge volume from South Korea, partly new FIAT investments, partly moving from Bitcoin to Bitcoin Cash.

Let's see how long this will sustain. Korea did the same with Litecoin not so long ago.

As Segwit2x is delayed, those who didn't support the fork will move to Bitcoin Cash as it can already generate much faster transactions compare to Bitcoin at this state. Forbes just publish an article about Bitcoin Cash few hours ago:
 
https://www.forbes.com/sites/cbovaird/2017/11/10/bitcoin-cash-surpasses-1000-after-fork-fails/#37c8ef66111e
 

its because chinese government bought a large amount of BCH they want these coin to be regulated by their people.
dont invest it will fall down after few days of pumping,its a trap.

I don't really believe this trap of the Chinese buying Bitcoin en masse and then dropping it.
I think, on the contrary, that there is a real appetite for many new investors who have just arrived in the crypto game

During the bitcoin cash splitting its been termed as the affordable form of bitcoin. Once after the splitting the price was pumping high, and after a long once again the value has begun to increase. This time the price increase is quite big and has reached around $1000. Maybe the same will stabilize for a little and grow further more later.

i think its because something like segwith 2x. bitcoin already reach the moon and seems no more increase. so this time is for the fork to rise on to the moon

I will never believe in bitcoin cash success.
If that will happen - cryptoworld will be a mess and that mess wont let new investments come and we will stuck in the hell for a couple of years or more untill any stable solution will be found.

And everyone will lose money - these greedy imps from bitcoin cash not exception.

Bitcoin cash raising but i am not interested this. I think its rate down so quick.let's se what happen next..

If a bunch of BCH got dumped the price would go down, not up. This is most likely a money grab from BCH supporters in China using Korean exchanges to pump BCH after segwit2x shenanigans and ensuing chaos and uncertainty surrounding BTC. This new segwit2x ann from BitPico is also a part of the market strategy. If segwit2x really came to pass, BCH would be the closest thing to true Bitcoin left as the Core chain would have to change POW algo to avoid rewrite attacks.   

Is there any rumors/ speculation behind Bitcoin cash ? if you have any links?

What I think is the fake news about bitcoin classic, people assuming it that it is the real bitcoin(core) that we are using now. This news was already published and reported long time ago and there are some people that just popped it out. That's the other one but the main thing is that bitcoin cash does have 8 mb blocks so the transaction fees are even cheaper and faster.

Because of the cancellation of the Bitcoin Gold fork (which I think was all a pre-planned scam) everyone who supports less fees and larger block size are now putting their money into bitcoin cash.

The price is getting higher and higher. I regret not buying them when I first realized the increasement, instead of waiting the price to get lower. It is sometimes hard to decide whether to wait for decrease, or to buy when the price is increasing.

Yes i am agree with meaning about faking news, but canceling segwit2x also have effect to increasing price.
I hear the big amount of miners direct her equipment to mining BCH

OMG 1400$ !!!
I regret for not buying when it was 400!!
This is still pump and dump?!

Segwit issues are very very affect the price, and many are turning to bitcoin cash. but there is still a lot to be fixed in the bitcoin cash so that the price can go up the maximum.

Guys, you should realize that both Bitcoin and Bitcoin Cash are actually.....Bitcoin. The BTC ticker can change its owner every day if needed. The chain with more miners has the right to be called Bitcoin. It is up to you to do your own research and decide what the odds are for each chain to dominate and which one is better.

The reason for the rise of BCC is due to the cancellation of the segwit2x. The fork was supposed to make transactions go faster, the way it is now is that transactions of BTC are so slow that it's killing BTC. One simply cannot make any micro transactions with BTC due to high fees and even when paying the high fees it still takes a long time before the confirmations happen. This is also the reason why BTC will not be adopted by amazon etc. or even by a coffee shop for that matter. When a transaction occurs the receiver wants to get it as fast as possible. With the way it is now the transaction takes a long time due to the miners giving preference to huge fee amounts. The minor the BTC amount the minor the fee will be, so even when you try to donate like 5$ in BTC with enough percentage fee for that amount, it could get stuck waiting for an eternity for a confirmation. Let's face it the higher the price of BTC becomes the harder it will be to actually use it unless you're gonna spend an entire BTC. When it gets to 10k$ range BTC will become useless for payments and become like the gold bars in a safe that never gets touched. BCC is faster with its transactions, due to this now almost all that are actually doing bussiness with crypto, as in buying and selling, switched to BCC after the cancellation of segwit. I'll give you an example: I'm selling something that is worth 70$, at the moment of purchase BTC is at 7k$, so 0.01 BTC equals the 70$. I sell it but before I get the 0.01 BTC it sits waiting for confirmations that do not come due to it being too low of an amount to be of any interest to the miners. After 2 days it gets the confirmations and finally arrives in my wallet. But BTC is worth by then 6500$, so the 0.01 BTC is now worth 65$ when it reaches my hand while the goods I sold is still worth 70$.
Even right now there are tons of unconfirmed transactions going on and becoming more by the day. The miners even setup a side bussiness where you can pay them to get them to confirm your transaction. So ofcourse they won't want any segwit fork or whatever that will cut into their bussiness. BCC transfers fast, with the way things are going right now BCC is gonna surpass BTC. The more expensive BTC will become the more useless it will become. It will become like the gold bar that only banks will want to put into their safe to never be seen again.

I think enthusiasts of bitcoin cash become more and more.
this weekend the price increase is very good.
This coin is very worth to invest.

Bitcoin is good invest right now. Many investors joint in bitcoin because they know bitcoin raise so fast, and demand is make bitcoin move so fast this weeks. I think this a good opportunity to invest today.
Don't miss this opportunity to invest in bitcoin !

Because of the recent events - Segwit2x delayed. BTC is falling people found safe haven in form of Bitcoin Cash.
Just sharing my thoughts

There ia any chance that bitcoin cash will take over??

Why would this be bad for BCH? If China views BCH favorably we could see licensed Chinese exchanges come back online and trade BCH.

Pump or Dump, that's what cryptocurrencies are actually acting these days. Bitcoin value rises due to one of the reason those Big Whales were manipulating Bitcoin to get Bitcoin closer to the world and IT enthusiasts.
Well, I bother dumping my Bitcoin Cash for now,  if you do then you'll surely regret if value will continue to rise.

Bitcoin cash becoming very popular due to the rapid price increase in the last two weeks but i don't expect the price will continue to rise more so i am not gonna invest on bitcoin cash.
As you said it is hard to predict the price growth of bitcoin because it is more unstable than bitcoin but i am still not sure about the bitcoin cash.For me bitcoin will be always my first priority in terms of investment.

I don't think so. Not only investing in Bitcoin Cash is not safe, but also it's so risky. Soon the price will drop very much after whales take their profits.

That is right thought there are many thinks wrong goes to worst coin which dump very easily in the chart. Segwit fork cancellation time every one tells that bitcoin price will be increased but I see bitcoin and most of altcoins value started falling and the BCH only rising.
Soon situation will change back the same value and again btc will bump to next peak value.

Well it will come back down the only king here is Bitcoin and Bitcoin cash cannot beat Bitcoin so don’t panic it will be down soon.
I don’t know the reason why it is raising but I will find it soon and let you know. However, investing in it is really risky everyone said so senior people also said that.

That was a crazy run with bitcoin cash. I am not sure how long this will hold it. For sure is that we will see a correction soon!

Bitcoin cash now raising but on future all are reversed  to against Bitcoin cash and the value will be reduced in soon so bitcoin cash not raising compare to bitcoin.

I am also wondering what is the force behind this sudden rise in price. It has been an awesome and massive profit taking for those who hold Bitcoincash. Good for them.

They are pumping BCH to get attraction of investors as lot's of people moved from bitcoins to altcoins after segwit2x cancellation and whales will start cashing out their money very soon and those who fell for it will loose some money and I would avoid investing in bitcoin cash as it's just a worthless coin and they have the power to manipulate the market so I think it's very risky investment.

It's all quite transparent. You still don't know what is behind the quick rise in BCH exchange rates? Check this:

https://blockchain.info/unconfirmed-transactions

When was the last time we had more than 127,000 unconfirmed transactions in the queue?

A few months ago - September. The whole reason people were pushing for segwit2x was because of the mempool backlogs. The bitcoin core people don't care about it though. They want people to pay higher fees.

With the Bitcoin Cash's low fee, people will use it more.

Use it where exactly? What can you buy with bitcoin cash? How can you buy bitcoin cash?

More over Segwit2x is also now cancelled so all left is bitcoin cash and as it got success and their is reply protection of transaction is good. That is why now miners are moving to bitcoin cash blockchain for the transaction to confirm. So i think their will be a big competitive for bitcoin against bitcoin cash.

good point, bitcoin already enjoys some degree of
adoption and acceptance whereas bitcoin cash is starting
fresh it can only be used for trading (much like bitcoin is these days)

The unconfirmed transactions is massive, sooner or later
they will be confirmed and increase the bitcoin cash volume further

Either people are losing faith in the scalability of Bitcoin in the future, or someone is speculation of the fact that people may think that people are losing faith...

That is bitcoin for you. it raise and drop little. as for me i prefer to invest more on bitcoin. than any order thing, because it appreciate and ready to market anytime. 

In my mind this is just a regular speculation, since btc now is down because of Segwit2x and there is little trust that other large cryptos can have a big up movement thus investment mainly goes to  Bitcoin cash.

the price of bitcoin always drop when there incoming fork
so its reasonble for other coin price to rise including bitcoin cash
for me i think its not a good idea now to invest in bitcoin cash if for long term
because just a few week it will drop again and if you hold your bitcoin you will get more dollar

Well the volume of bitcoin cash is constantly rising and it will be interesting to see at what price it will peak at.
I think it could go for quite some time yet.
Will it go to 1500$ or 2000$ or beyond?

So this is just a flame. An emotion driven spike because of the hardfork of btc? Why investing in BCH if you have XVG that does the same, is quicker and anonymous..? No fud here, this trying to understand the emotions and choices of people in crypto.

Bitcoin has a slow transaction speed and small block size. Bitcoin cash is better. So, many people are transferring BTC to BCH. The prediction price is over $2000 in December.

The rise of BCH was just conditioned due to some factors. The first of them is the cancellation of the last BTC fork and some news about big investors moving their assets from BTC to BCH. Anyway I think that Bitcoin Cash rise is just temporary, more like a pump. But who knows at what price will it stop.

I agree with this , the best thing for bch was the fork not happening.

While this is certainly a factor, I think it will become less of a factor over time, as there are multiple projects out there working on crypto debit cards which will use just about any major crypto, BCH will definitely be supported on all of those platforms, whichever actually produce and go live.  And when I think about it, at the point where some reasonable form of crypto debit card like that is available in all areas of the world, or at least the developed world, what reason will there be to use bitcoin over BCH?  Bitcoin has an advantage because of the entry level adoption it has achieved, but that goes out the window when anyone can get a debit card and spend any crypto they want everywhere.

This is why people should buy Bitcore instead, much better than Bitcoin cash, no comparison. Just a bit less known.

Now I read that there is an Hard fork for the bitcoin cash in novemver 13. Maybe this is the reason?

If the rumours that Bitcoin classic will be shut down and bitcoin cash will become the real bitcoin, I'm afraid that these madness will not going to stop. People are saving their boats, they moving to BCH to save their money as well as creating profit before it's late. Can't blame them that they got panicked mainly because all these biased rumours.

Bitcoin classic stated it’s done. Bitcoin Cash if projected to surpass BTC will need plenty more months, it may rocket a bit but thousands would take some time — unless a group of whales intentionally plan otherwise to over throw BTC in a sort of coup. That might be both positive & negative. The positive would force a new leader to become faster, the negative would isolate all of BTC’s biz partners, who create its success.

Yes,Bitcoin Cash increased big high it's believable price.All BCH investor now rich man.But don't try to invest at this moment because price anytime will be more reduces i think.So it's not best time for BCH investment.

The rising is too fast until it doesn't make sense, the condition almost the same with dash last time when it reach $400 just in a week, I think it is just another pump and dump, and there is a big rumours that bitcoin is going to be replaced by bch and some exchanger going to shut down btc, I had heard this rumours twice in a different place, I  think this can be the other factor that caused bch to rise

I think the only reason is to pump and then to dump on the newcomers. An old story, this time performed bigger than usually.

It seems the Bitcoin Cash price is still above $1500. When will it drop?

It won't.
Well, it might price correct but I highly doubt it will go below $1000.
Remember, valuation of a coin/token is all about how much value we put into it.
Since there are enough whales and manipulators putting artificial value on it it will never go down.
So the artificial pumping of the coin is no longer artificial, that's just how bch is now, a top 5 coin with an astronomical rise in market cap that has no uses and is backed by people who use shady tactics to get gain.

But aren't there other coins like that? I tried riding some of these coins pumps for gains and was able to make some small short term profit (in the case of bch's last pump a made a couple hundred dollars), but after that I decided my precious time is shouldn't be wasted on junk projects no matter how much profit is in it.

I guess it's just my personality, but putting some pricipals and ethics in what I do has made investing in crypto more and enjoyable and less stressful.

Bitcoin in cash has some significant improvements over the original bitcoin. In addition, the miners switch to mining exactly bitkoyn cash because of the fact that it is easier to mine. Many now invest in bitcoin cash and expect that its value will increase in the near future. He has already shown himself, flying up to 2500 dollars. Now his rate is around 1200 dollars and I think that despite the fact that bitkoyn cash is criticized by many, he has a good future.

BCH is clearly a fraud, and I will not consider buying BCH even if his prices are rising. After all, most of the money is in the hands of some people who may manipulate prices at will.

BCH is my best investment.. I now have more BCH than BTC. I still have not sold my free coins... I have been accumulating every week. I have a big smile every time I look at block folio

I am not following this trend even I don’t want get in this trap where whales are playing by pumping bch now concentrate on ether soon it will reach upto 1000$ now investors are back to ethereum don’t regret later.

Bitcoin cash has increased too fast because many investors change to invest in Bitcoin cash instead of Bitcoin after Segwit2x was canceled

if he invested that very moment maybe he become richer by now,because it pumps so quickly because of those behind the bitcoin cash.and now its a little bit scary to invest on it with the price that stop on rising.some of my friends traps on that said coin

I'll tell you the reason for the rise. Because users who hold BTC are waiting for free distribution of BCD, no one on the market is willing to sell BTC, so in this case. Part of BCH's bookmakers in order to prove BCH better than BTC and BCD, so Twitter and Facebook launched a publicity campaign, and maliciously pulled BCH prices, so that's the case.

Bitcoin cash has some advantages over the original bitcoin, such as the speed of transactions and lower transaction fees. In addition, bitkoyn cash is easier to mine and many miners switch to mining bitkoyn cash. This explains the fact that more and more people are investing in bitkoyn cash, which causes an increase in its value.

It is obvious that bitcoinCash will never be able to displace the original bitcoin from its dominant place in the market, but it is undoubtedly becoming an interesting option for those who need faster and less expensive transactions. It could well become one of the favorite altcoins, displacing litecoin as the "silver" of bitcoin.

It's far away from being the mainstream coin.

Bitcoin cash has fallen this time, and each bitcoin rise leads to a drop in bitcoin cash prices, but bitcoin cash prices will surely go up if bitcoin cash calculations are up.

Bitcoin Cash is jumping, it is better to say: up and down, up and down. Yes, these days it showed how fast it can grow. However it does not mean it will go on increasing further. November, 25th started from its small fall, for instance.

do you guys think BTG will follow BTH?

Is it worth to invest BTH or BTD? So much forks already.

YES!, these days it showed how fast it can grow.
bitcoin cash prices will surely go up if bitcoin cash calculation are up.
bitcoin cash is easier to mine and many miners switch to mining bitcoin cash, and bitcoin cash has increased too fast because many investor change to invest bitcoin cash instead.

I expect from Bcash 2000$ and higher. I entered the position at 1400, because I see that there were large volumes to buy in flat and a set of positions. BCH is added to the many exchanges. An interesting fact is that the company bitmain accepts prepayment in the BCH for miners.

People not researching will be victims of this stupid ponzi coin,BCash cant beat the real BTC its just a copycat the original will always prevail.