Bitcoin cash (BCC) , beware Traders

[Bezobraznike]

   This is not the first thread that calls for avoiding this new alt-coin bitcoin cash. Do we really need to be aware of this alt-coin? After reading
so many things about bitcoin and other alt-coin most of them had comments in negative context. What is different now?
   As I understand they mine bitcoin cash now, at least some miners, and with time there will be more, so maybe its better to wait and see
what will happen before any actions. I do not have any bitcoin cash, I am buying some new ICO`s and I do not know is it a good time to
get in bitcoin cash in early stages, I will think more about it.

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[richardsNY]

  This is not the first thread that calls for avoiding this new alt-coin bitcoin cash. Do we really need to be aware of this alt-coin? After reading
so many things about bitcoin and other alt-coin most of them had comments in negative context. What is different now?
   As I understand they mine bitcoin cash now, at least some miners, and with time there will be more, so maybe its better to wait and see
what will happen before any actions. I do not have any bitcoin cash, I am buying some new ICO`s and I do not know is it a good time to
get in bitcoin cash in early stages, I will think more about it.

The main purpose of this thread was to make people aware of why its price is trading at higher levels, and not so much about its technical aspects. Initially I was surprised about exchanges allowing BCC trading so early on, while the network itself was clearly not ready for it. This coin should never be a tradable asset when they don't accept deposits, it's that simple. But when you think about what's really important for exchanges and services nowadays, then the profits they take from fees are the one thing they specifically aim for. It's pure greed -- money over everything!

[BitMaxz]

Look at the price right now for bitcoin cash was crash that i think there are some exchanges site can sell their BCC and i think spec more people and traders who are holding a lot amount of bcc they can dump more bitcoin cash..
This thread actually help for those who don't know and now bitcoin is more in demand and more price increase and hope that sooner the price can be increase until $3k value until all BCC converted into bitcoin from BCC holders. .

[xuan87]

Look at the price right now for bitcoin cash was crash that i think there are some exchanges site can sell their BCC and i think spec more people and traders who are holding a lot amount of bcc they can dump more bitcoin cash..
This thread actually help for those who don't know and now bitcoin is more in demand and more price increase and hope that sooner the price can be increase until $3k value until all BCC converted into bitcoin from BCC holders. .

I think the price is crashing because the free coin that they distributed, the people who aren't interested in BCC sell all of the free coin they got and that caused the price falling down sharply, and seems like BCC is not a favor for a lot of people, Bitcoin still become a lot of people choice, so BCC will keep on struggling and Bitcoin will slowly rising up

[CyberKuro]

Just like what we've predicted, not die on arrival but crash after deposit bch allowed. It is free money, that's why people will sell it to get cash instead of keep bch. A coin could rise up because of its usability, most people like the idea of anonymity, untraceable, low fees or used in specific sectors such as eth being used to funded many projects relate to altcoins. Traders should be deal with profits and loss, so whoever has bought bch at the peak is in big loss right now.

[asyakashi]

Look at the price right now for bitcoin cash was crash that i think there are some exchanges site can sell their BCC and i think spec more people and traders who are holding a lot amount of bcc they can dump more bitcoin cash..
This thread actually help for those who don't know and now bitcoin is more in demand and more price increase and hope that sooner the price can be increase until $3k value until all BCC converted into bitcoin from BCC holders. .

I think the price is crashing because the free coin that they distributed, the people who aren't interested in BCC sell all of the free coin they got and that caused the price falling down sharply, and seems like BCC is not a favor for a lot of people, Bitcoin still become a lot of people choice, so BCC will keep on struggling and Bitcoin will slowly rising up

That's right, free coins will not last long. They will just throw it away quickly. Struggling to get BTC by selling BCC continuously. BTC will continue to improve, and the more confident the future of BTC is very bright.

[Nahl]

indeed we have to beware because my friend was trapped that because he thought the price has not stopped raising then several days ago he decide to buy BCC when the price approximately 0.3 btc per BCC and apparently he predictions was wrong that the price never reach at those range again and now he looks regret his decission

[gabmen]

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 its already started. There's been a huge decline in bcc price for the last couple of days and i don't even think a lot of exchanges accepted bcc that time. It would be a big gamble at this point to invest in bitcoin cash.

[darthmaul]

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 is a obvious thing to happen. BCC or any other coin you take of it is not on an exchanger then there wont be any movement in its price. Just take an example of bitcoin analysis from last week. When everyone knew we can not transact the bitcoin or it is not advisable to transact bitcoin in the period of august then the price of bitcoin was completely frozen and there seem no movement in its volatile nature.

This you can take as an example to know what can happen with BCC. Anyway now some of the exchanges has started and you can convert the bcc right away. This will crash the price of bcc now and will probably increase bitcoin price on positive side.

[fanbeila]

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 is a obvious thing to happen. BCC or any other coin you take of it is not on an exchanger then there wont be any movement in its price. Just take an example of bitcoin analysis from last week. When everyone knew we can not transact the bitcoin or it is not advisable to transact bitcoin in the period of august then the price of bitcoin was completely frozen and there seem no movement in its volatile nature.

This you can take as an example to know what can happen with BCC. Anyway now some of the exchanges has started and you can convert the bcc right away. This will crash the price of bcc now and will probably increase bitcoin price on positive side.

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.

Absolutely,once tading platorms open trading for BCC,all BCC holders would immediately start dumping their BCC for whatever rate is available.All they need is just some extra cash.No one is ready to hold this shitcoin with them.But even aftr some platforms were now opened for BCC trading,its taking very long period to get confirmed.So,mining BCC has also become difficult.Every one knows that BCC price is sure to crash completely but just expecting when that crashing process would get totally completed.