BCH is rising because...

[teramit]

It is a complete surprise that BCH is alive and rising. Everbody was expecting it to fall like a stone.
When a few hours passed after seperation it was obvious that BCH diff was too high and also its price. Blocks are being found in hours not minutes. They could ve changed its difficulty with a version but they didnt. Intentionaly or unintentionaly they created a coin that too hard to mine. Just like ZEC's first days it is precious. So we can expect its price to rise to next difficulty retargeting. That can be in months with that speed. After that time it will be just like an altcoin but price can already reach or pass its sibling. Who know what can happen after that.

[BitcoinBarrel]

It could be rising because there is no way to deposit BCH to trade for BTC at the moment. The exchanges that do have BCH/BCC have withdrawals/deposits disabled.

[teramit]

It could be rising because there is no way to deposit BCH to trade for BTC at the moment. The exchanges that do have BCH/BCC have withdrawals/deposits disabled.

Even if its enabled it will took half a day for confirmations to complete. And so it will stay valuable for a while. Expected dump will not come easy and after seeing its rise people will try to hold it.

[Wind_FURY]

Maybe there are traders who think that BCH could reach the price of Bitcoin or more. I am looking at Bittrex right now, the volume is high and the price is almost 20% of Bitcoin.

Honestly I wanted to dump BCH right away, but it might be better to hold it for now and see how high it can go.

[European Central Bank]

It shouldn't be a surprise at all. The markets aren't accessible to a huge majority of people. When they are things will seem clearer.

[enhu]

When its market is available and users can exchange it over btc, its price will dip eventually. We'll see it happen just after minutes when its open just on any exchange.

[pooya87]

... because nobody has made any BCH transactions yet.
check out the blocks they have mined so far it is about 10 blocks so far and every block is from 9kb to 300kb containing a handful of transactions!

people are first transferring their bitcoins to a safe new wallet then import their private keys into the BCH wallet to claim their tokens. and that takes time.

edit: i made a total stats here you can see what i mean: https://bitcointalk.org/index.php?topic=2059758.0

[Golftech]

most of the comments are the same path people don't have capability to dumped since exchange disable it from most trading site so its on of those
reason why the value still at that level but after this will be open we are going to expect traders to rush in and sell their  free money.

[marky89]

It shouldn't be a surprise at all. The markets aren't accessible to a huge majority of people. When they are things will seem clearer.

This has all the hallmarks of the Ethereum Classic fork. Everyone plans to dump (as soon as exchanges are functioning normally and the Bcash chain retargets difficulty (so people can actually move their coins quickly).

In time, I think Bcash might still be around, though. Just like ETC.

[sunsilk]

Maybe there are traders who think that BCH could reach the price of Bitcoin or more. I am looking at Bittrex right now, the volume is high and the price is almost 20% of Bitcoin.

Honestly I wanted to dump BCH right away, but it might be better to hold it for now and see how high it can go.

Yes it's a fact that the volume of traders there are vasts of transactions and people are just buying and selling it.

It looks like there's something that I need to be calm for now and won't go for the dumping.

Probably whales are into the league, what you think?

[infofront]

Supposedly, there are some new traders getting in on BCH. They're the ones who think they missed the boat on BTC and ETH, and that BCH will explode.

[traderethereum]

i wonder how long BCH will stay in the market and how much the high price for BCH can reach in a long time. i think people is making big profit from BCC because they get free BCC and they don't think too much and they only sell to make profit. but i am shock to see the price is 0.2 for the highest price.

[Fourgh]

It is a complete surprise that BCH is alive and rising. Everbody was expecting it to fall like a stone.
When a few hours passed after seperation it was obvious that BCH diff was too high and also its price. Blocks are being found in hours not minutes. They could ve changed its difficulty with a version but they didnt. Intentionaly or unintentionaly they created a coin that too hard to mine. Just like ZEC's first days it is precious. So we can expect its price to rise to next difficulty retargeting. That can be in months with that speed. After that time it will be just like an altcoin but price can already reach or pass its sibling. Who know what can happen after that.

It's price is most likely to gain momentum since the Bitcoin Cash is another form of Bitcoin being backed by some coders of the old Bitcoin blockhain. When we say same coders of the old blockchain, it is the same people who are responsible in recording transactions of the old system making most people to eventually trust the newly found BitCoin Cash. And the news is being sensationalize making more people to worry and make them jump into the new blockchain. I don't if it's strategy to eventually overrun the old Bitcoin but to me it looks like it.

[ulfsaar]

It could be rising because there is no way to deposit BCH to trade for BTC at the moment. The exchanges that do have BCH/BCC have withdrawals/deposits disabled.

Once the floodgates open. we'll see. I don't think the attention seekers can keep this game running.
16M in circulation @$400 each. Thats hard to compute. Dont think anyone will throw that money on something with no value. But we'll see.

[Tmdz]

The difficulty is a real problem.

Even IF blocks are found on average 1 per hour then that will take nearly 2 months until difficulty re-target.  Then even IF the price can hang at say 20% of bitcoin it hard to believe miners would be willing to forfeit 80% of their rewards the next 2 months to keep this chain moving.  So it could be likely that miners will simply throw in the towel and forget all about BCH after they get to cash out and then decide to pull the plug.

Anyway like the others said once exchanges start accepting deposits then the market will get flooded with millions upon millions of BCH coins and I would expect then it would impossible to keep this coin propped up the way it is now.  Very possible there is a lot of smoke and mirrors going on so don't get left holding a vapor coin.

[negancoin]

I got my BCC from bittrex and I sold it off, but I don't think this coin will dip to zero. it will be worth more than many alts out there.

[bucciarati]

It could be rising because there is no way to deposit BCH to trade for BTC at the moment. The exchanges that do have BCH/BCC have withdrawals/deposits disabled.

i don't konw kraken (which is 2nd market and count count for 35% of all bch market) has bhc/eur and bch/usd pairs, so you can trade and then withdraw to you bank account. it is already 3rd on market capitalization surpassing xrp in its first day..

[Wind_FURY]

Maybe there are traders who think that BCH could reach the price of Bitcoin or more. I am looking at Bittrex right now, the volume is high and the price is almost 20% of Bitcoin.

Honestly I wanted to dump BCH right away, but it might be better to hold it for now and see how high it can go.

Yes it's a fact that the volume of traders there are vasts of transactions and people are just buying and selling it.

It looks like there's something that I need to be calm for now and won't go for the dumping.

Probably whales are into the league, what you think?

The high volume on Bittrex says yes, there are whales trading this. If you want to make more Bitcoins then this is a good opportunity. 

[renes]

No one can sell it wait until deposit&withdrawals is opened then you can see the worthless bitcoin cash but probably will rise after that dump