Bitmain Cash was stillborn. (ITS DEAD!)

[bitcoinvestor]

Hey , what are you talking about. BCH is good coin, it is the true BTC. Alright. Many news support this coin. How can say that BCH will be dump in the short time. That's potential coin that can dump BTC. Bitmain is a big boy in bitcoin industry. Let's keep BCH It is good investment in the long term . 100 years later it is the biggest asset.

[bitfish]

EPIC FAIL! Hahaha...
The price of Bitcoin Cash is very far from expectations and it seems will not last long and then sink.

LOL. What "expectations" are you talking about? I had zero expectations but a hand full of BTCs in my wallet, waiting for getting some cute BCH babies.
Currently those BCH babies wouldn't be buying me more than some cheesy pizzas.

[care2yak]

It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...




It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.

[bitfish]

It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...


It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.

In between our stillborn baby has been moving up to 5th volume spot at coinmarketcap https://coinmarketcap.com/currencies/views/all/
Will be dropping dead tomorrow, I'm 100 % sure

[Thatstinks]

I think its still just starting, maybe $1k+ coming!

[Amevalentine]

It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...

It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.

In between our stillborn baby has been moving up to 5th volume spot at coinmarketcap https://coinmarketcap.com/currencies/views/all/
Will be dropping dead tomorrow, I'm 100 % sure

I still doubt this coin will last longer.
But seeking the volume in the last 2 days showing increasing, like some people want to get profit quickly.

[bitfish]

I think its still just starting, maybe $1k+ coming!

Nice volume. https://coinmarketcap.com/gainers-losers/   
BTW: We might see new total crypto AT high next week. 

Lambo/Tesla dealerships please be prepared this week for new buyers

[Thatstinks]

Volume was great so far considering the hold ups still which again leads me to believe if the trading opens wide up we will see that volume increase X+ times and see a much higher price.

I am not justifying price or promoting it over anything just stating what I see/feel regardless of the talk here.

The smart thing isn't to take $XXX and move on, may be leaving a lot on the table. 

[yogg]

I think it is more stinky that a simple altcoin launch. There are secrets interest hidden in the Core of this non-event.
Some do not want to lose their advantage.
Are you aware about ASICBOOST ?

Bitcoin Cash supports it, while SegWit makes it ineffective.
ASICBOOST is a BitMain technology.

TLDR; Bitmain wanted to push Segwit either through a hard fork, or in Extension Blocks which would be compatible with their ASICBoost. A soft fork of Segwit, which is by far the safest option, isn’t compatible and they would lose their advantage over other miners.

(Source)

[aesma]

Volume means many people are selling, and many people are buying. Everybody on the forum I've read about so far is either dumping or holding.

So who is buying ?

[HeRetiK]

BCH is surprisingly resilient, looks like it's far from being a stillborn. Still too soon to tell how well it will fare though, current evaluations are useless without people being able to deposit BCH into exchanges.

So who is buying ?

Definitely not buying, but should have waited for the bounce before parting with what little BCH liquidity I had available -_-

[Vishnu.Reang]

EPIC FAIL! Hahaha...
The price of Bitcoin Cash is very far from expectations and it seems will not last long and then sink.

What, you were expecting it to list at $3,000 per coin? In that case either you are retarded or you know something about BCH which no one else is knowledgeable about. To tell the truth, I was expecting it to list at around $20-30. The current prices are almost 20 times more than my expectation.

[hatshepsut93]

Volume means many people are selling, and many people are buying. Everybody on the forum I've read about so far is either dumping or holding.

So who is buying ?

This price doesn't mean anything now, because most exchanges still haven't enabled their BCH wallets, so only people who held BTC on those exchanges and got BCH credited to their accounts can sell. Basically, it's not open market yet.
As for who buying - the answer is speculators, crypto markets are well knows for their volatility, so bubbles, pumps and dumps are nothing new. Rememeber, shitcoins rise and fall, Bitcoin is here to stay.

[Lorna Morgan]

Volume means many people are selling, and many people are buying. Everybody on the forum I've read about so far is either dumping or holding.

So who is buying ?

I am ...

[rouhaud]

It's trading live at BitTrex and the price is moving up fast... From $200 something, it has gone up to $511.75 and still moving up...

It's a bubble, right? How low would it go when bubble gets pricked? Would it survive --- and thrive? I suppose it would. Etc was a minority chain, and it's thriving. Perhaps BCH will too.

In between our stillborn baby has been moving up to 5th volume spot at coinmarketcap https://coinmarketcap.com/currencies/views/all/
Will be dropping dead tomorrow, I'm 100 % sure

I still doubt this coin will last longer.
But seeking the volume in the last 2 days showing increasing, like some people want to get profit quickly.

we have to take in consideration that it's still difficult to deposit it on exchange,
So the amount that can be buy right now is far below the real supply.
for example, on Bittrex, the only supply available is the ones created by the bitcoin on the platform at the time of the fork.
in a short term perspective, i think when Bittrex will allow people to deposit it will crash.
for long terms, time will tell us

[yogg]

I deposited my BCC on ViaBTC to dump them, but could not withdraw the freshly earned BTC. It said that the BCC deposit is not confirmed yet. (Over a ~12hr period and despite the 6/6 confirmations required)
In the end, I managed to withdraw my coins. I sold BTC for CNY and bought LTC with the CNY.
Then I dumped the LTC to get the BTC ...

I mean, what the heck ? Did ViaBTC deliberately suspended BTC/BCC withdrawals ? To what end ?
Bittrex BCC wallet is in maintenance.
How is the situation on Bitfinex and other exchanges ?

Beside the only >1MB block with ~6k transactions, there is no block having more than 1k txs. Despite the fact that only about 10 BCC blocks were mined in total.

I'm not sure where this all thing is going, but it smells like another proprietary bullshit (ASICBOOST) mixed with a fractionnal reserve scheme.
If Roger Ver is buying all, or most, then he'll sit on a mountain of crap with no demand in market.

I clearly don't believe in the success of this ... i'm not even sure how to call that.
There is no other words for this beside "pile of monkey fuck".

[dennyd999]

EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

Perfect  

I did expect this, but now I can be sure

If BCC will cost more it is better for everone. Isnt it?


How you like the price now? On Kraken it rise from 100$ to 600$.

[aesma]

yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !

[care2yak]

EPIC FAIL!
Bitmain Cash has less then 5% of Bitcoins hash power.
I'm calling it this thing its fucking dead in the water.  There is absolutely no hope for this shit coin.

Even if it manages to produce a block in the next 24 hours it can't survive unless it gains a huge amount of hash power.

Perfect  

I did expect this, but now I can be sure

If BCC will cost more it is better for everone. Isnt it?


How you like the price now? On Kraken it rise from 100$ to 600$.

exchange rates a few minutes ago...

[yogg]

yogg : what wallet did you use ?

I installed electron cash, it seems to work, however there is no option to import private keys, only sweep. The problem is you don't control the fees, from the amounts listed in the preview they're high, even higher than BTC fees !

I hold my BTC on a Trezor Wallet. They offered an option to send BCC after the fork.
My transaction was included in the 1st BCC block.

Damn we are about 24hr after the fork officially happened and BCC shat only 11 blocks out.. gosh .. *facepalm*

Why so much FUD for this ??