Bitcoin Cash was pumped for no good reason. Sold to lock in profits. :D

[JuniAiko]

Exchanged for more NEO for cheap! ^~^

It is slowly dipping again.
I usually do this when I see no reason for a coin being pumped.

For LTC/XLM, there are positive news of massive adoption and growth on the front.

And as for ADA and TRX, significant announcements will be made next mths about their progress (with TRX releasing their mainnet soon -- i.e. they will soon have a real product to show for and they have been very actively getting TRX adopted that many doesn't know as they have refrained from hype now).


But as for the case of Bitcoin Cash, there is a massive FUD with Microsoft expressing the flaws of On-Chain scaling solution that Bitcoin Cash uses (which compromises the integrity and security of the blockchain itself) that many of us would agree.

[JuniAiko]

Wondering if Bitcoin Cash is being pumped by Roger Ver himself? lol

But jokes aside, I do think it might be yet another pump-and-dump scheme. I don't see any gradual upward movement other than those two pumps (very likely by a single whale) on 8Feb and today. But other than there, its been going sideways in reality.

Is that whale waiting to do a single massive dump once the volume trading at the current new higher price have been met (to enable the BCash to be fully sold off successfully in one shot at a significant profit)?

[onnz423]

I too believe that BCH is a pump and dump scam coin, though I doubt we have seen the last pump as it is nowhere near its previous high.

I would avoid getting involved in BCH, it is not the solution to the scaling problem no matter what its shills would have you believe. Stick with Bitcoin, believe in the network and fight for its security. We'll all make it.

[JuniAiko]

I too believe that BCH is a pump and dump scam coin, though I doubt we have seen the last pump as it is nowhere near its previous high.

I would avoid getting involved in BCH, it is not the solution to the scaling problem no matter what its shills would have you believe. Stick with Bitcoin, believe in the network and fight for its security. We'll all make it.

I hope you are wrong, lol As I have sold off all my BCash already to lock-in the gains from the pump.

I kinda believe the pump today is the final effort (2nd try) to create hype so that the dump can yield a higher profit; so hence it will be best for us small investors to pull out to claim the profits before the expected dump.