Bcash (Bitcoin Cash) Speculation Thread

[figmentofmyass]

I'm starting to get intrigued with Bcash tbh (from a trading perspective).  Do you guys think it can go after Bitcoin?

i prefer not to speculate on long term expectations. too unpredictable. it's even too difficult to gauge demand for Bcash right now because there is so little liquidity on the exchanges, and many people are (i think) scared to move it. rightfully so--i don't really trust the wallets floating around and will need to take some time to analyze the code.

i'm not in a rush because i see this materializing like the ETH split:

this has got ethereum classic written all over it.

initial instability --> difficulty adjustment, profitable mining --> initial dump from ETH (BTC) holders --> accumulation --> pump

and if ETC is anything to go by it's not going to be dead, either. the question is, where will the value come from to hold up BCH in this case? either Bitcoin's network, or a whole lot of new crypto money...

at the very least, there will be a big pump or three. and it might just become correlated to Bitcoin, like ETC did with ethereum.

i don't see it "going after" Bitcoin really. what i think is happening: Bitmain is using ViaBTC to test the waters for a hard fork. and judging by the massive outpouring of support from exchanges, this doesn't bode well as we approach the November segwit2x hard fork.

there is definitely a big contingent of bitcoiners who will oppose that fork. it also has major corporate/miner backing. if Bcash (a Bitmain shitcoin fork with low hash rate and bloat blocks) can get this much support right out of the gate, imagine what a mass marketed fork could look like.

interesting times...

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[BitcoinHodler]

Hey guys, let's keep the discussion about the price of Bcash in this thread.  So no crypto politics or 'my coin is better than your coin' type of arguments.

you've already made it political by calling it Bcash
i don't know why but their followers are pretty worked up about this name for some weird reason...

I'm starting to get intrigued with Bcash tbh (from a trading perspective).  Do you guys think it can go after Bitcoin?

there is nothing to be intrigued about at this point because it is not being traded under normal circumstances which makes any attempt for a serious speculation pointless in my opinion.
first the blocks need to become stable and the risks go down then the exchanges have to open up deposits then people have to find easy and not scary ways of moving their coins to exchanges and things become normal-er then we can start speculating.

[nelmari]

Actually bitcoin cash has a big probability for it to surpass bitcoin but I am sure it is not happening right away, but it could in my point of view. But still we can not speculate much about this coin because it is still new and a lot of projects has to be proven from this coin as well for investors to invest in this coin.

[baam25]

Bcc/bch from my understanding is controlled by miners. Why should I trust them? It seems like a bad idea they only are interested in their own profits.

[asriloni]

Bcc/bch from my understanding is controlled by miners. Why should I trust them? It seems like a bad idea they only are interested in their own profits.

The miners keep the network of bitcoin cash, But there is no a lot of miners are mining the bitcoin cash in this time. The network is really slow compared with the bitcoin original. Miners already made a statement mine the bitcoin cash is not profitable.

[shirazteam110]

There was big bubble about ZeNCash will move up but when i join Slack and dev start fight ZeNcash crash badly
in my point view due to some bad impact of devs ZeNcash image falls

[s1gs3gv]

The only thing that intrigued me is why people would be buying it at 0.3 BTC and 0.4 BTC and above, people paid real coins for this new, made out of thin air, coin.

When SegWit2X fork happens are these people going to buy that also for real coins at similar prices?

If so, let's make a fork every week...

That would be sweet but I think somebody already thought of that lol.

[tokeweed]

Hey guys, let's keep the discussion about the price of Bcash in this thread.  So no crypto politics or 'my coin is better than your coin' type of arguments.

you've already made it political by calling it Bcash
i don't know why but their followers are pretty worked up about this name for some weird reason...

Lol.  Really?  Why don't they want to call it Bcash?  It's better than saying Bitcoin Cash all the time.  It's too long.

Bcc/bch from my understanding is controlled by miners. Why should I trust them? It seems like a bad idea they only are interested in their own profits.

It isn't about trust.  It's about trading and making a profit IN BITCOINS.  If you start looking at trading like a game of poker, you wouldn't care what's being traded as long as there's enough volume and liquidity.  And right now there's a lot of volume in Bcash.

[tokeweed]

Does anybody have any idea why Bcash is moving really quick the past two days?  I bet China has finally started to place their money where their mouth is.

I could see this reach maybe 50% of BTC's price.  But the question is will the hash rate follow?  Fun times for Bitcoin.

[crofly]

The only news I read is that the profitibly for mining has changed as bch is atm more profitable than mining btc....

[alyssa85]

Does anybody have any idea why Bcash is moving really quick the past two days?  I bet China has finally started to place their money where their mouth is.

I could see this reach maybe 50% of BTC's price.  But the question is will the hash rate follow?  Fun times for Bitcoin.

There is a pump going on, to make it more profitable to mine bitcoincash (the difficulty adjusts down this weekend and low difficulty + high price make it mucho profitable to mine).

And it does look like some miners are switching - see the following image, where they mined 9 blocks in an hour:

[friends1980]

I've cashed mine 3 minutes ago. For those who hodl: good luck. I just didn't want to keep a coin that has nice profit now but an uncertain future...

[taki183]

I've cashed mine 3 minutes ago. For those who hodl: good luck. I just didn't want to keep a coin that has nice profit now but an uncertain future...

I think that the BCC will show itself later. May be when the BTC starts to fall, many will look for an alternative to BCC.

i am hold now and will wait about 1500$

[2double0]

I've cashed mine 3 minutes ago. For those who hodl: good luck. I just didn't want to keep a coin that has nice profit now but an uncertain future...

I think that the BCC will show itself later. May be when the BTC starts to fall, many will look for an alternative to BCC.

i am hold now and will wait about 1500$

It's a challenging situation for both Bitcoin and Bitcoin Cash to prove themselves and BCH is currently being seen to be the most profitable coin in terms of mining as difficulty is being settled down slowly and as more miners switch/start to mine BCH, we may see BCH to be gaining speed as they expected but still it won't replace the position of BTC that it handles, ever. But it's my personal wish that both of them remain in the markets to see which one of both the versions has, what it takes to sit on that position.

[MisO69]

Looks like we're heading to $1000.00

I'm hodling but if it passes the 1K mark I may have to sell.

[arpon11]

Hey guys, let's keep the discussion about the price of Bcash in this thread.  So no crypto politics or 'my coin is better than your coin' type of arguments.

I'm starting to get intrigued with Bcash tbh (from a trading perspective).  Do you guys think it can go after Bitcoin?

Though I sold my bitcoin Cash too early I think it might not go after bitcoin but it is doing very well now. I think many trading exchangers platforms has recognize bitcoin Cash and has listed it on they platforms. As at today bitcoin Cash has gone as high as $1000 dollars from yesterday take off of $303. We should keep our fingers crossed as I expect a serious clash days to come because of the activities of pump and dump group.

[Riuzan]

1200$ probably

[faitaccompli]

What is best time to sell? Right before $1,000?

[tittiecoin]

The same as with Bitcoin, Bitcoin Cash will be worth tens of thousands!

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