Bitcoin cash (BCC) , beware Traders

[tigerwood0432]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

[1715122341]

1715122341

[1715122341]

1715122341

[1715122341]

1715122341

[MAbtc]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

Well, difficulty has now dropped significantly on the Bcash chain, so we should start to see some stability: https://twitter.com/jimmysong/status/892969785532850176

Blocks are definitely being mined faster now. Still no blocks for 1.5 hours at the moment, though. It seems this whole debacle will play out in slow motion...

[Pursuer]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

they can actually deposit in a couple of exchanges (have not tested, just quoting). exchanges like ViaBTC are accepting deposits although with a high number of confirmation and that is actually why the price there is about $200 lower than other exchanges. people have been depositing and dumping there, some don't want to risk and wait until big exchanges like bittrex open up deposits and get crushed under the heavy load of dump.

[GreenCoin22]

why did you think BCC price would high? 

[DaMut]

why did you think BCC price would high? 

it's not 'Why did you think BCC price would high',but the fact is 'BCC price is ridiculously high'.
just check it by yourself in other market,many exchanger selling this shit around 0.1BTC / BCC or around that price,
but another fact,we can not deposit our BCC/BCH in there.
So,OP warn us to not buying this shit if they can not afford what will happen in the future.
just imagine in,if you buy it 10BCC/BCH that mean you spend your 1BTC buying that shit.
after they enable their deposit,a huge dump will happen and the price goes down to the hell.what will happen to them who's buying BCC/BCH ?

[squatter]

after they enable their deposit,a huge dump will happen and the price goes down to the hell.what will happen to them who's buying BCC/BCH ?

Maybe so, but that's what happened to ETC too. The cat's outta the bag. I wouldn't be surprised if bitcoiners try to dump this BCC coin to hell, but then it just goes through a typical shitcoin accumulation and then moons. Wouldn't that be hilarious?

[Yuuto]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

Yes. Slow block times + exchanges not accepting bitcoin cash deposits + market manipulation + viabtc not accepting new registration applicants = artificially inflated price. The real price is on HitBTC and is consistently hundreds of dollars lower than Bittrex values.

To be honest i should have seen this coming and transferred all my bitcoin holdings to bittrex so that i would be able to trade with Bitcoin Cash on a closed economy essentially at an inflated price for bitcoin.

I suspect that dumps will occur in various phases. Each block marks the start of a phase, as new confirmations arrive on the transactions. It's quite hilarious watching this, 1 hour blocks are considered fast atm 

[tigerwood0432]

why did you think BCC price would high? 

BCC prices on exchanges are crazy high = 300 to 500 $ , i expect a crash to 20-25 $

[Mahanton]

why did you think BCC price would high? 

BCC prices on exchanges are crazy high = 300 to 500 $ , i expect a crash to 20-25 $

Is it already been accepted on exchanges? (Accept withdraw and deposits of BCH). $200+ price is just as expected and it would really go even more lower once it would really be available to deposit most bch. It will surely dump so hard to the bottom. We should really be aware on this thing.

[AK47-]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

Another reason for the initial price was pump by the bulk holders. BCC doesn't has potential to sustain its price. Price is already down to $230. Soon when all those wallet holders which comprise of huge volume comes to exchange, price will turn to nothing.

[ubercool]

why did you think BCC price would high? 

BCC prices on exchanges are crazy high = 300 to 500 $ , i expect a crash to 20-25 $

Is it already been accepted on exchanges? (Accept withdraw and deposits of BCH). $200+ price is just as expected and it would really go even more lower once it would really be available to deposit most bch. It will surely dump so hard to the bottom. We should really be aware on this thing.

It could have been dumped to 10$ - 20$ if all of the exchanges announced the claim of BCH before. Most of them waited till the users to cashout their BTC to wallets. I would say the supporters will definitely pump the coin so that shirt term traders will buy the coin.Am just holding my coins and waiting for the right time.

[ardentvolcanoes]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

Another reason for the initial price was pump by the bulk holders. BCC doesn't has potential to sustain its price. Price is already down to $230. Soon when all those wallet holders which comprise of huge volume comes to exchange, price will turn to nothing.

that's it if the value will go deeper for sure those big bag holders out there who's still holding their free coins will start to dumped it too
and the value of this coin will go down deeply so better to act quickly and make sure that you are riding with the flow.

[giveen]

It was meant to be sold in the first place because most exchanges had disabled any deposits or withdrawals of bch the coin was able get a really good price because of the limitations of deposits and withdrawal on most exchanges the price difference is by $400 but as it's getting more stable you are surely right the price is going to drop. Let's hope bch still retains it's current position.

[omonuyak]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

 that mean if one cannot deposit bitcoin cash to exchangers you can not convert it to bitcoin or other altcoins. I am forecasting a great upwards price movement for bitcoin comming week. Buying bitcoin cash at your own perry.

[mobnepal]

In case you're wondering why the BCC price seems high: It's because no one can deposit BCC to exchanges. Once this changes, expect a crash.

Price is already crashing hard, However I have successfully sold some of my free bitcoincash above $400 and moved those fiat to ETH and Bitcoin. BTC price is already pumping hard while marketcap of BCC is vanishing in thin air.  

[LeGaulois]

In a matter of hours, the price lost +50%. Give it a few weeks or a months max and you will see it nowhere on Coinmarketcap. Its destiny is the graveyard, I told it already, and I think I am ready to make a bet... 5$ max
So far I wonder why exchanges don't enable deposit and withdraw, or what exactly are they waiting?

[buwaytress]

In a matter of hours, the price lost +50%. Give it a few weeks or a months max and you will see it nowhere on Coinmarketcap. Its destiny is the graveyard, I told it already, and I think I am ready to make a bet... 5$ max
So far I wonder why exchanges don't enable deposit and withdraw, or what exactly are they waiting?

Via enabled the earliest but deposits have been enabled for more than 12 hours on Yobit and Bittrex, I'm pretty sure most others would have by now. With the former, they had an issue with address generation. Volume was really small during the highs anyway, so even if people had been able to sell off BCC early, wouldn't have had made a lot with small orders.

[Gaaara]

Well almost everyone anticipated that some problem might occur, but there is no need to seek more we get a free money and that's more than enough we just need to be fast as it looks like its turning into dust.

[HalfDeck]

after they enable their deposit,a huge dump will happen and the price goes down to the hell.what will happen to them who's buying BCC/BCH ?

Maybe so, but that's what happened to ETC too. The cat's outta the bag. I wouldn't be surprised if bitcoiners try to dump this BCC coin to hell, but then it just goes through a typical shitcoin accumulation and then moons. Wouldn't that be hilarious?

The scenario of Bitcoin Cash maybe as Ethereum Classic, after long time stand still in lowest price. Ethereum has increased many more from under 0.001 BTC to 0.009 BTC/ETC in 6 months waiting.

[BitHodler]

we get a free money and that's more than enough we just need to be fast as it looks like its turning into dust.

You're absolutely right, but unfortunately, people don't look at it from that side. Just look at how many people are going nuts on Coinbase for not releasing people's BCC sooner.

I managed to sell 8BCC at nearly 0.11BTC per coin, and I am extremely happy with what I have gained. I never looked at the initial price as being a serious market rate.

It was obvious from the very beginning that when people would start dumping their coins, the market would literally sink down like a rock ~ and looking at the price right now, that's exactly what happened.