Bitcoin Cash (BCC) price tomorrow gon' be like.....

[talkbitcoin]

HitBTC is allowing Bitcoin Cash deposits and withdrawals.

haha, i was saying this in another topic. let me say it in another way here:
if you wanted to know which exchanges allow deposits of bitcoin cash then go to this link: https://coinmarketcap.com/currencies/bitcoin-cash/#markets and sort the list based on price in ascending order. the one with the lowest price are most probably allowing deposits.

[1713563810]

1713563810

[1713563810]

1713563810

[Xember]

It think its pretty easy to say what happends here:

Since most of the people cannot get their BCC to the markets in order to dump them, the pumpers have only little resistance getting the price higher and higher.

As soon as the majority can sell, BCC will fall back significantly.

Absolutely,there is no exchange available for BCC holders to dump it and once dumping starts,its price would fall down very quickly.Until then,its the BCC pumpers turn to pump it as much as they can.I think that BCC may remain alive for few weeks.

Correct.
Lets say the exchanges now are available and accepting bcc, those who have bcc will immediately sell their free coins to make profit. As the results the supply will increase while the value will dump as there are no or low demand in the market. Therefore it will be like a trash and die sooner.

But why are the price of BCC is still over $400? Are there many buyers as well?

[HanvanBitcoin]

It think its pretty easy to say what happends here:

Since most of the people cannot get their BCC to the markets in order to dump them, the pumpers have only little resistance getting the price higher and higher.

As soon as the majority can sell, BCC will fall back significantly.

Absolutely,there is no exchange available for BCC holders to dump it and once dumping starts,its price would fall down very quickly.Until then,its the BCC pumpers turn to pump it as much as they can.I think that BCC may remain alive for few weeks.

Correct.
Lets say the exchanges now are available and accepting bcc, those who have bcc will immediately sell their free coins to make profit. As the results the supply will increase while the value will dump as there are no or low demand in the market. Therefore it will be like a trash and die sooner.

But why are the price of BCC is still over $400? Are there many buyers as well?

Low supply, high demand. People trying to get some easy profits. Its risky though, when the massive dump starts your f*cked.

[krizniq]

once again, it's free money, how one can be fucked?
worst case scenario = you have 0 worth BCC so you did have before Aug 1

everything else is just profit

.... still?

[HanvanBitcoin]

once again, it's free money, how one can be fucked?
worst case scenario = you have 0 worth BCC so you did have before Aug 1

everything else is just profit

.... still?

Ofcourse, but im talking about people trading BCH (buy low / sell high). Not the BTC holders that are selling their BCH.

[krizniq]

fair enought, anyway this is general warning not only related to BCC or BCH or whatever abreviation it currently have

except few exchanges, majority of used ones does not offer BCC deposits so basically nobody is really able to "dump" anything, but as it will probably have it's value, I don't really think it's necessary to dump it so fast.

We'll see

[European Central Bank]

once again, it's free money, how one can be fucked?
worst case scenario = you have 0 worth BCC so you did have before Aug 1

everything else is just profit

.... still?

it might not end up being free money. let's see how it develops first. there'll be a concerted push to use it to devalue the original chain. now the fork is done there will always be a doubt in the back of minds about whether they should be sold just in case. that's what they're gonna keep playing on.

[abercrombie]

fair enought, anyway this is general warning not only related to BCC or BCH or whatever abreviation it currently have

except few exchanges, majority of used ones does not offer BCC deposits so basically nobody is really able to "dump" anything, but as it will probably have it's value, I don't really think it's necessary to dump it so fast.

We'll see

Bitfinex is now allowing shorting.  

So, you can hedge by shorting an equal amount of Bitcoin Cash you currently have offline.

[azguard]

once again, it's free money, how one can be fucked?
worst case scenario = you have 0 worth BCC so you did have before Aug 1

everything else is just profit

.... still?

it might not end up being free money. let's see how it develops first. there'll be a concerted push to use it to devalue the original chain. now the fork is done there will always be a doubt in the back of minds about whether they should be sold just in case. that's what they're gonna keep playing on.

I dont think so think this is some push for someone to make more bitcoin in exchange. Ok we all got it one way or another but i dont think this will be good at the end. So many talks that it will be bigger the bitcoin but it already started to go down, hope that it might be success with some future development and improvement and that if someone is saving it will end up at the end with some better ratio on exchange, but dont think that there are so many of them.

[BTcoint]

speculate price for tomorrow will rang between 0.08 to 0.09 all the day .

[holtzmann]

The Bitcoin market has barely recovered from the biggest shake-up, I wouldn’t be surprised if the price for BCH goes down a bit.
And now when the major exchanges like CEX.IO introduced BCH deposits, the rate may even be lower as many holders will start panic-selling.
But little by little BCH will be gaining pace in the market. This one will go off pretty well, I am sure.

[SokrieeE]

big gab between exchanges of BCC example bittrex and poloniex

[Xember]

big gab between exchanges of BCC example bittrex and poloniex

As time goes on, the gap is less than 1% now.

[frchowe214]

BCC will never ever came close to BTC fame and its acceptance worldwide.

[Jitmad]

BCC will never ever came close to BTC fame and its acceptance worldwide.

If the LN is not activated in the future and the transaction is very slow, Bitcoin Cash will be more dominant.

[robotrobert]

BCC will never ever came close to BTC fame and its acceptance worldwide.

If the LN is not activated in the future and the transaction is very slow, Bitcoin Cash will be more dominant.

Bitcoins cash is just like altcoins and it is again just rubbish in front of bitcoins. I strongly believe that they are never ever going to touch the prices that bitcoins are sitting at. It is just ridiculous to even think that bitcoin cash can ever be more dominant in crypto world than bitcoins.

[Red-Apple]

BCC will never ever came close to BTC fame and its acceptance worldwide.

If the LN is not activated in the future and the transaction is very slow, Bitcoin Cash will be more dominant.

LN will eventually be activated there is no doubt about that. but LN is not savior of bitcoin, it is going to be an additional layer on top of bitcoin, a chain that should already work. and will work if there is no spam attack.

in case spam attack started and caused issues with bitcoin, bitcoin cash may be pumped but i assure you it will be temporary because a spam attack against bitcoin can not go on forever. and it certainly won't make BCH "dominant". BCH is just a toy that miners abuse.

[louisMTV]

No! Going down and down....

[Jitmad]

No! Going down and down....

There is a 20% jump today. Anybody know the reason?

[xFGND]

No! Going down and down....

There is a 20% jump today. Anybody know the reason?

The tech was finally able to mine a 1GB block. BUTTTTT It required a team of researchers from a University for it to finally work.