stevano (OP)
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July 29, 2017, 02:56:16 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
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deisik
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July 29, 2017, 03:53:27 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this? That's unlikely since the price of BCC futures has already severely declined So there is no reason to think that this China Coin is going to be on par with regular Bitcoin any time soon. Moreover, I strongly suspect that a lot of people are busy right now preparing their trading systems to dump the alternative bitcoins as soon as the exchanges start trading (and while the price is still high). Other than that, it would be interesting to find out what exchange is going to be the first to trade these wannabe bitcoins for real (obviously, apart from ViaBTC)
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panju1
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July 29, 2017, 04:02:43 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
BCC will survive, but I think it will be at a substantial discount to Bitcoin. What matters is the name. People won't see bitcoin cash as the original bitcoin. They will dump the BCC coins that have and the price will go on a downward spiral.
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BillyBobZorton
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July 29, 2017, 04:16:18 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
BCC will survive, but I think it will be at a substantial discount to Bitcoin. What matters is the name. People won't see bitcoin cash as the original bitcoin. They will dump the BCC coins that have and the price will go on a downward spiral. The price CANNOT be equal, this is for obvious reasons. When you split a stock in two, it never maintains a 50/50 ratio. People are going to dump and they are going to dump hard. When you search in a dictionary the definition of "dump", Bitcoin Cash will show up. There's no place for 2 thriving bitcoins in this world, only one will be the clear leader and the other will be an altcoin, and the big blockers wanting to hardfork in a stupid rushed way will always bite the dust.
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joebrook
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July 29, 2017, 04:35:00 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
If you take a look at the ViaBTC website who are the leading proponent of Bitcoin Cash or BCC, you will see that after first being at $500, the non existent currency has dropped down to around $300 whiles the real bitcoin is trading around $2700. I believe there is no future for this pseudo bitcoin currency.
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bitbunnny
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July 29, 2017, 04:45:47 PM |
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Not a chance. The price will be much lower than Bitcoin and very soon after August 1 it will dropp very low. BCC actualy doesn't have chances to survive, this is just another altcoin that doesn't have the perspective for the future, so don't count on that coin. But at the very begininig some users will try to make money on it.
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deisik
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July 29, 2017, 05:21:05 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
BCC will survive, but I think it will be at a substantial discount to Bitcoin. What matters is the name. People won't see bitcoin cash as the original bitcoin. They will dump the BCC coins that have and the price will go on a downward spiral But how is it going to survive? Unless we talk about double or even single digits of the price when the demand for it will be supported by the people buying it for the fun only (though there are already myriads of dead shitcoins out there). People will likely not just sell their "new" bitcoins but also start shorting it massively (if and when such a possibility will be provided). As to me, the only chance this coin could make it is in the case when an attack is now being prepared by the cartel to bring the regular Bitcoin down. Apart from that, I can't really fathom what the creators of this coin hope for
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Theb
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July 29, 2017, 05:31:51 PM |
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Highly unlikely as looking at the majority of the member's views with Bitcoin I think they see it as some sort of competition within itself and the minute they obtain Bitcoin Cash they will dump it as they want to have the original which is "Bitcoin" . Another thought is that Bitcoin Cash will be treated as an altcoin although having the same technology as Bitcoin it will be viewed as a necessary technology in order to make Bitcoin a better overall experience for us that both devs and consumers are willing to handle.
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bouren
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July 29, 2017, 05:38:03 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
BCC will survive, but I think it will be at a substantial discount to Bitcoin. What matters is the name. People won't see bitcoin cash as the original bitcoin. They will dump the BCC coins that have and the price will go on a downward spiral But how is it going to survive? Unless we talk about double or even single digits of the price when the demand for it will be supported by the people buying it for the fun only (though there are already myriads of dead shitcoins out there). People will likely not just sell their "new" bitcoins but also start shorting it massively (if and when such a possibility will be provided). As to me, the only chance this coin could make it is in the case when an attack is now being prepared by the cartel to bring the regular Bitcoin down. Apart from that, I can't really fathom what the creators of this coin hope for True enough, it is really suspicious if BCC created with some positive or negative aspirations. It might be the attempt of scamming private keys of bitcoiners, no amaze. Also everyone is planning to sell BCC immediately after getting. But to sell coin, you need buyers. And I don't think market will have enough buyers to sustain sell storm. So again no amaze if BCC value drop to zero initially.
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TravelMug
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July 29, 2017, 05:42:15 PM |
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No, they will not be equal unless someone manipulates the price of BTC then play it around into BCC. Similar to ETH/ETC now, they are not equal price correct?
I'm planning to dump BCC once I got this free coins. So I really doubt that it will have equal price to BTC now. Plus BTC price is strong because its sustainable with the full backing of countries like Japan, China South Korea and the USA. I don't know if BCC would enjoy such support in the future.
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deisik
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July 29, 2017, 05:56:02 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
BCC will survive, but I think it will be at a substantial discount to Bitcoin. What matters is the name. People won't see bitcoin cash as the original bitcoin. They will dump the BCC coins that have and the price will go on a downward spiral But how is it going to survive? Unless we talk about double or even single digits of the price when the demand for it will be supported by the people buying it for the fun only (though there are already myriads of dead shitcoins out there). People will likely not just sell their "new" bitcoins but also start shorting it massively (if and when such a possibility will be provided). As to me, the only chance this coin could make it is in the case when an attack is now being prepared by the cartel to bring the regular Bitcoin down. Apart from that, I can't really fathom what the creators of this coin hope for True enough, it is really suspicious if BCC created with some positive or negative aspirations. It might be the attempt of scamming private keys of bitcoiners, no amaze. Also everyone is planning to sell BCC immediately after getting. But to sell coin, you need buyers. And I don't think market will have enough buyers to sustain sell storm. So again no amaze if BCC value drop to zero initially Obviously, this is not about the lack of buyers It is rather about the price at which these buyers are going to emerge for real to provide sufficient support. It is pretty clear that this wannabe Bitcoin won't die immediately since there is enough interest to it that won't let it die immediately or prematurely. But ultimately, yes, if nothing wrong happens to the real Bitcoin, it will soon lose any speculative appeal, especially if it starts to hopelessly spiral down. As the saying goes, two kings in one kingdom cannot reign (or two dogs over one bone seldom agree)
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Loepuenkyou
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July 29, 2017, 07:24:53 PM |
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if bitcoin cash price equal BTC price this mean BCC user and BTC user is same and equal too, and in market can much pair BCC with fiat money and altcoin too so much people crypto user can confuse
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chicken65
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August 19, 2017, 04:34:40 PM |
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Not a chance. The price will be much lower than Bitcoin and very soon after August 1 it will dropp very low. BCC actualy doesn't have chances to survive, this is just another altcoin that doesn't have the perspective for the future, so don't count on that coin. But at the very begininig some users will try to make money on it.
I hope you didn't sell your BCH.
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avikz
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August 19, 2017, 06:31:42 PM |
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When the first opening will be how much the rate / selling of bitcoincash / BCC, will it be equal to the price of bitcoin and can BCC survive in the market?
What do you think about this?
BCC is bitconnect coin. I believe you are asking about bitcoin cash, so it will be BCH. I am sure BCH will survive in the market and increase in price as well. You can check the recent surge and increase in market cap as well. It indicates that people can also invest in BCH for long term to get good amount of profit. However, I doubt it will ever become similar to bitcoin itself. Bitcoin is the king of crypto coin industry and enjoys the highest market cap till date with over 50% dominance. So BCH taking over bitcoin is probably not going to happen ever. But yet, BCH also has a good prospect and I am sure that the price will appreciate over time.
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CoinFoxs
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August 19, 2017, 06:53:22 PM |
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I don't think so that bitcoin cash will be equal to bitcoin, though BCC has great potential but it is difficult to cross bitcoin's price or become equal to bitcoin.
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Razick
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August 19, 2017, 10:45:29 PM |
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NO WAY
Sorry, Bitcoin Cash is an alt crapcoin. Hate to break it to you. Not sorry if it hurt your feelings. Anyone who is experienced in crypto has seen such coins rise and fall before, including Bitcoin Plus (which turned out to be a scam).
I am not saying that Bitcoin Cash is a scam. More like a disagreement between a small segment of the community. However, if you think it will rival Bitcoin in any way just because it got pumped by the Koreans... then stop thinking it, because you are only going to lose you money if you fall for the pump-and-dump. (It happened to me before, I am simply warning you ahead of time!)
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JeffBrad12
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August 19, 2017, 10:57:45 PM |
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I don't think so that bitcoin cash will be equal to bitcoin, though BCC has great potential but it is difficult to cross bitcoin's price or become equal to bitcoin.
What is the potential of the bitcoin cash? Rather than appear caused by the greedy person, and that was offering the bigger blocksize than bitcoin. And you can see the difficulty of the bitcoin cash already changed. That just like another crap coin. It will never equal with the bitcoin as far as i understand and the bitcoin still become the king in crypto. remember that.
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Savik
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August 19, 2017, 11:40:22 PM |
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I don't think so that bitcoin cash will be equal to bitcoin, though BCC has great potential but it is difficult to cross bitcoin's price or become equal to bitcoin.
What is the potential of the bitcoin cash? Rather than appear caused by the greedy person, and that was offering the bigger blocksize than bitcoin. And you can see the difficulty of the bitcoin cash already changed. That just like another crap coin. It will never equal with the bitcoin as far as i understand and the bitcoin still become the king in crypto. remember that. I posted this on another thread, but have cut and paste here because I think it is relevant to repeat here. Will Segwit work as advertised without any flaws? Probably. But probably isn't good enough for those holding massive amounts of BTC. It is a particularly risky time to hold BTC before Segwit happens. If a big reduction in mining support happens, and there is a simultaneous mass panic, BTC will grind to a halt and drop like a rock before Segwit can save the day. I think we are starting to see some of this realization by BTC holders and today's drop in price. We'll watch over the next few days to see if it continues. https://news.bitcoin.com/bitcoin-cash-8mb-block-479469-clears-over-37000-transactions/uh, the people who pushed segwit are the ones holding massive amounts of btc and investment in btc related businesses. Right, but the point I was trying to make is that a big change like Segwit adds risk. BCH is a hedge against that risk. BCH has already implemented their scaling solution and it has passed the stress test. BTC is still waiting for its scaling implementation and it hasn't been through real world stress tests. If I held a large amount of BTC then I would also want to hold at least the same amount of BCH as protection in the event Segwit does not go well. If I saw that BCH had successfully implemented and tested its scaling solution then I would be inclined to buy even more BCH. Regardless of your emotional feelings towards Segwit, it makes a lot of sense to protect yourself by at the very least holding an equal amount of BCH. These Pro-Segwit whales are hedging their bets. The ones who are dumping BCH are the peons at the bottom rung of the food chain and the whales are buying more than they held in the first place.
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Omega Weapon
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August 20, 2017, 05:59:58 AM |
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NO WAY
Sorry, Bitcoin Cash is an alt crapcoin. Hate to break it to you. Not sorry if it hurt your feelings. Anyone who is experienced in crypto has seen such coins rise and fall before, including Bitcoin Plus (which turned out to be a scam).
I am not saying that Bitcoin Cash is a scam. More like a disagreement between a small segment of the community. However, if you think it will rival Bitcoin in any way just because it got pumped by the Koreans... then stop thinking it, because you are only going to lose you money if you fall for the pump-and-dump. (It happened to me before, I am simply warning you ahead of time!)
I agree with this, bitcoin cash does not have the user base of bitcoin that alone makes it impossible for bitcoin cash to reach the price of bitcoin and if that was not enough the fact that this hard fork came out of nowhere has created resentment in some users because as we know there is another fork coming so this is creating an environment in which anyone can fork bitcoin and create their own version if this continues there are going to be 5, 10, or even 20 bitcoin variations in the future all of them arguing to be the real one.
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Beerwizzard
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August 20, 2017, 06:38:36 AM |
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Don't realy care about the BCC price but anyway I hope it won't be popular. If it will then to make deals we might have to give our money to chinease (remember that china is pretty closed country with a huge amount of gov regulations) centralized cryptocurrency.
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