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Author Topic: BitcoinCash is dead  (Read 1919 times)
goocoin
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August 06, 2017, 09:56:06 AM
 #21

I belive its so dead that my sells will never go through with a real befefit. Whats your opinion?

It is quite too early to tell, mate. As of now, Bitcoin Cash is really suffering from the dump. This is going to be expected. Everybody has a share of Bitcoin Cash that is why easy dumping is expected. Let us see the scenario several months or even weeks from now.
bitcoincash like a altcoin as I see,just it is the brother of BTC,
so that a lots of investor would join this speculation
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August 06, 2017, 10:00:12 AM
 #22

There will be a lot of pumps and dumps manipulation with BitcoinCash in future. And it's don't differs from much other such alts without own platform or good project.

Well maybe its true.
And as what I observe bch is suddenly dump because many users that got their free bch last week also dump their coins now as they will buy more potential coins in the market that is worth holding for long term.
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August 06, 2017, 10:00:37 AM
 #23

It was all planned. Wait for the people panic sell at a low price, buy, and then pump that shit up.
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August 06, 2017, 10:20:20 AM
Last edit: August 06, 2017, 11:34:07 AM by -security-
 #24

Lets look at it this way, the last 24 hours
$6,115,050.78 USD where invested in Bitcoin and
     $47,893.81 USD in Bitcoin Cash. So no its not dead.
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August 06, 2017, 11:28:57 AM
 #25

it is too fast to say its death, whale still can usr it for pump and dump, so they can get more and more original bitcoin in their wallet, just becarefull....

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August 06, 2017, 11:51:25 AM
 #26

Wait until the next difficult adjustment, when blocks will be produced as quickly as before

I hope you are right.
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August 06, 2017, 11:57:04 AM
 #27

Bitcoin Cash in not dead in fact it surpass etherium in just few days after it lunch. It has huge market value now and become 2nd top crypto-currencies now.
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August 06, 2017, 12:29:32 PM
 #28

Bitcoin Cash in not dead in fact it surpass etherium in just few days after it lunch. It has huge market value now and become 2nd top crypto-currencies now.

Nope. At no point of time the BCH market cap surpassed that of ETH. But to their credit, they had over-took the XRP market cap for a short-while. And don't under-estimate their performance. Any altcoin listing at a market cap of close to $10 billion in the initial day is a great achievement.
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August 06, 2017, 12:43:39 PM
 #29

Lets look at it this way, the last 24 hours
$6,115,050.78 USD where invested in Bitcoin and
     $47,893.81 USD in Bitcoin Cash. So no its not dead.
It will die as soon as possible. https://coinmarketcap.com/currencies/bitcoin-cash/

The price is always plunged everytime, each bitcoin cash worth around $200

That can be a reason for everyone to leave the bitcoin cash and just use the real bitcoin.

Bitcoin cash just another shitcoin, free money for the bitcoin hoolders.  Tongue Tongue

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August 06, 2017, 01:44:52 PM
 #30

I belive its so dead that my sells will never go through with a real befefit. Whats your opinion?

bitcoin cash still dump now, in my point of view it was predicted before hard fork, because after many peoples get free bitcoin cash he would sell their bitcoin cash as soon as possible.

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August 06, 2017, 02:52:48 PM
 #31

Some are saying that it is dead and some are saying that its not.For me if it is used and always effective it is not dead.Many of my friend use this in market and they are not regreting it.So in my own onservation it has an situation that they expirience ups and down thats why they think that it is dead or increasing.
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August 06, 2017, 03:08:36 PM
 #32

Saying within 4 days that Bitcoin Cash is dead when it's actual been surprisingly stable at it's current price is a bit of a rushed opinion.
Stable because lack of blocks means no one can move their money.

Now the difficulty has come down blocks are moving a bit quicker. They certainly spent a lot of mining power to get it going. With current prices and difficulty they could make 3x more mining BTC. I'd guess the same people will be buying the coin when it gets dumped ready for the pump.

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August 06, 2017, 03:08:54 PM
 #33

It's not so dead as many of the big players, like Polo, will distribute their BHC in 10-30 days. And then there will be another BCH dumps.
But the price is moving down because nobody sees a real benefits from it. 99% of people are looking in BCH as just a free money.

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August 06, 2017, 03:17:19 PM
 #34

This thread reminds me of ethereum is dead. Actually it was already born, it will see a lot of crashes and correction for sure but eventually it will be more valuable.

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August 06, 2017, 03:32:28 PM
 #35

Right now I prefer to keep my distance, not selling or buying it. The reason is: too unpredictable for my personal taste. Maybe if it gets very very cheap I buy a little bit.

Regardless, it has the potential to go to the moon someday, like any other crypto does.
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August 06, 2017, 03:33:38 PM
 #36

This thread reminds me of ethereum is dead. Actually it was already born, it will see a lot of crashes and correction for sure but eventually it will be more valuable.
It's too soon to make that statement,but I do not think that's going to happen finally,for a simple and simple reason,this coin is supported by some big players,so for the moment I think it is only adjusting to the market pressure,The fall in price does not indicate precisely that it is dead,but in the same way is difficult to think that at some point it can replace to BTC,nobody knows for sure how much the price will fall initially nor how late it takes to recover and that will largely depend on the performance of the network substantially improves.

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August 06, 2017, 04:09:39 PM
 #37

This thread reminds me of ethereum is dead. Actually it was already born, it will see a lot of crashes and correction for sure but eventually it will be more valuable.
It's too soon to make that statement,but I do not think that's going to happen finally,for a simple and simple reason,this coin is supported by some big players,so for the moment I think it is only adjusting to the market pressure,The fall in price does not indicate precisely that it is dead,but in the same way is difficult to think that at some point it can replace to BTC,nobody knows for sure how much the price will fall initially nor how late it takes to recover and that will largely depend on the performance of the network substantially improves.
Not only Ethereum, I remember in last year when I still a newbie, the price of Bitcoin in early August has crash -50% just in one day. The reason make that situasion is the exchange Bitfinex get hacked and loss many Bitcoin of their user. Although have many rumor tell Bitcoin can't recovery and the history 2013 Mt.Gox can repeat, but look at the price now, not only can't falldown, the price of Bitcoin increase x10 with the price in that time.
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August 06, 2017, 04:28:34 PM
 #38

I belive its so dead that my sells will never go through with a real befefit. Whats your opinion?
That is also what i thought but the value is very stable and some are now Hodling bitcoincash. Maybe the missing bitcoin actually affects bitcoincash value. We cannot dump if the private keys are missing.
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August 06, 2017, 04:30:20 PM
 #39

Let's ask a question. Is the BCC on the same platform as the BTC? If on one, the next question - did the same people? Security in BCC is the same? Why did this currency depreciate? Maybe someone needs it? Can we fry and do not know what the big fish was up to? Can there be a buy-up?


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August 06, 2017, 04:39:48 PM
 #40

Well someone is definitely trying to kill it:

https://news.bitcoin.com/blockchain-data-reveals-someone-is-trying-to-slow-down-bitcoin-cash/

Basically just when the difficulty is about to drop, someone puts in massive hashrate, and mines a couple of blocks in quick succession. And then leaves, with the difficulty high and no-one able to mine the next block...

 
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