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Author Topic: Opinion : I think BitcoinCash (BCH) Will reach $500  (Read 2581 times)
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August 01, 2017, 10:26:08 PM
 #1


Opinion : I think BitcoinCash (BCH)  Will reach $500 as an average across all major Exchanges.

Discuss.
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August 01, 2017, 10:30:34 PM
 #2


Opinion : I think BitcoinCash (BCH)  Will reach $500 as an average across all major Exchanges.

Discuss.

Can't say much as now.
Most people thought BCC/BCH would be quickly dumped but someone/many people are constantly buying BCC/BCH.
Either they are pumping the coin or they think the coin has a bright future.
Depends much on how Bitmain uses theirs hardware.



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August 01, 2017, 11:07:25 PM
 #3

Do you have any reason to believe in that?
I think we can't predict it (we can gamble Smiley )

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August 01, 2017, 11:09:47 PM
 #4


Opinion : I think BitcoinCash (BCH)  Will reach $500 as an average across all major Exchanges.

Discuss.

Can't say much as now.
Most people thought BCC/BCH would be quickly dumped but someone/many people are constantly buying BCC/BCH.
Either they are pumping the coin or they think the coin has a bright future.
Depends much on how Bitmain uses theirs hardware.

Yes it looks like it's getting pumped but I doubt miners will mine it at a loss for more than just the short term so it really depends on how interested the actual users are in this coin.

Of course it could easily be a whale like Roger Ver manipulating the price in the hopes of selling it later.
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August 01, 2017, 11:24:48 PM
 #5

Once I buy some BCH, it'll crash. Thinking about pulling the trigger on a couple.
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August 01, 2017, 11:32:09 PM
 #6

Once I buy some BCH, it'll crash. Thinking about pulling the trigger on a couple.


Because for now bcc is unstable off course it is just new and as it was stated needs at least 30 confirmations to a a sure transaction rather than 3 confirmations but it is highly risky. Better yet wait august 10 until everything is fixed because there still reorgs that is happening around the bch chain. The most common advice is don't put everything in 1 transaction so try experimenting a bit if you want.
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August 01, 2017, 11:34:34 PM
 #7

this BCH is unpredictable for nw,,
because, this is the biggest airdrop, so can be dump hard anytime
for me, i will stay away to trade this BCH at this moment

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August 01, 2017, 11:38:12 PM
 #8

There are some people/corporations with big $$$ and deep pockets behind BCH. It isn't the idealistic perfection that BTC is, but it will for sure get serious development and pushed higher. $500 is just the beginning for this one.

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August 01, 2017, 11:50:31 PM
 #9

Possibly, it is currently trading at $363 from it's low today at $216.

I think I am going to hold what I have and watch.
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August 01, 2017, 11:54:39 PM
 #10

Going to watch from the sidelines as the price should be super volatile in the coming days/weeks
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August 01, 2017, 11:59:11 PM
 #11


Opinion : I think BitcoinCash (BCH)  Will reach $500 as an average across all major Exchanges.

Discuss.

Can't say much as now.
Most people thought BCC/BCH would be quickly dumped but someone/many people are constantly buying BCC/BCH.
Either they are pumping the coin or they think the coin has a bright future.
Depends much on how Bitmain uses theirs hardware.

If that it so, it would be good news to some. But in our country, most virtual wallets do not support the bitcoin cash.
Let's see in the days ahead what will happen to the currency after the split.  Huh

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August 02, 2017, 12:03:45 AM
 #12

I sold mine off which was not much. In the end I can always rebuy when the inevitable dip happens. I just do not see what this really brings to the marketplace other than another BTC clone. I try to support innovation when I can.

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August 02, 2017, 12:10:44 AM
 #13

We can't predict it yet since it's new but it's now on $300+.In my country, the most legit virtual wallet here doesn't support bcc/bch so i don't know if i could get some of it. It will pump if people would believe on it's growth.
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August 02, 2017, 12:11:48 AM
 #14

BCH, the CH standing for China. Its so specifically centralized its not even funny. Hard pass.
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August 02, 2017, 12:13:40 AM
 #15

this BCH is unpredictable for nw,,
because, this is the biggest airdrop, so can be dump hard anytime
for me, i will stay away to trade this BCH at this moment
Definitely the most dangerous coin at the moment. To much hatred around.

Surprisingly many exchangers are listing it, or felt forced to redeem coins to their customers.
The pressure goes like "you cant just pocket your customer's airdropped supply yourself!"

And that spreads the coin to many places that might not want to support the concept of forking.

This effect could be enough for adding some value like fivehundred bucks?
Voicing concerns ... there isn't any real innovation behind BCH. Compare LTC.
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August 02, 2017, 12:16:57 AM
 #16

BCH, the CH standing for China. Its so specifically centralized its not even funny. Hard pass.

Like it or not, there is a unified development team behind BCH with deep pockets and many big businesses to support them. Thats more than can be said for 90% of alt coins.

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August 02, 2017, 12:21:33 AM
 #17

I foresee it will drop significantly in these early days because everyone is claiming free BCH and sell for cash. I don't think there are big investors to invest on it now due big amount of dump, unless the investors had big cash to support those dump.

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August 02, 2017, 12:22:17 AM
 #18

Well OP, looks like you were right, it is going for $536 over on Bittrex.
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August 02, 2017, 12:25:16 AM
 #19

Yes. I think BCH will directly compete BTC in the future just as how ETH did. There are supporters to it including these exchanges who listed it. Its also here to stay just as all these successful ICO projects we supported. It might even go beyond $1K too.

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August 02, 2017, 12:38:39 AM
 #20

I also think that way. Bch will break in at first $ 500 as exchange. But looking at the enthusiasts are quite a lot not impossible bch will be more than 500 $.

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