[2017-08-04]Even Friedcat Can’t Ignore Bitcoin Cash, Over 17k BTC Moved

[hl5460]

With the latest statement from Poloniex, dust around Bitcoin Cash distribution seems to settle down. Most exchanges or service providers return the control of BCC/BCH to their users. Bitpie mobile wallet allows users to claim BCC via simple clicks. Bixin opt to liquidate BCC and return BTC to their users. The hard fork also some wake up some dormant accounts. Over 17k BTC of two accounts that are believed under the control has been transferred around the hard fork timing.
http://news.8btc.com/even-friedcat-cant-ignore-bitcoin-cash-over-17k-btc-moved

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[Kemarit]

With the latest statement from Poloniex, dust around Bitcoin Cash distribution seems to settle down. Most exchanges or service providers return the control of BCC/BCH to their users. Bitpie mobile wallet allows users to claim BCC via simple clicks. Bixin opt to liquidate BCC and return BTC to their users. The hard fork also some wake up some dormant accounts. Over 17k BTC of two accounts that are believed under the control has been transferred around the hard fork timing.
http://news.8btc.com/even-friedcat-cant-ignore-bitcoin-cash-over-17k-btc-moved

Oh well its a free coin so everybody wants to get their hands on it. The owner of those 17K BTC thinks this is easy money so why not take it. But after that what do you think will happen? They will just quickly dump this altcoin and sell it to BTC put it back in there wallet and we will not see or hear anything from them again, unless their is a free cash again coming. LOL. Dust around Bitcoin Cash has settled and the price has plummet down as of now.

[Rahar02]

Easy money, everybody wants it that's why bch price seems like a dead cat for now.
Who want to buy it? When everyone has many bch and there's no any usability yet instead of for trading purpose right now.
After bch deposit allowed, many exchanges get huge amount of bcash flow into their wallet and stuck there simply because people don't want to sell it less than $300 (mostly) after they have seen bch reached over $1000. But, I doubt bch will ever get back to $1000 again or at least not in this year.

[Netnox]

What about Coinbase? I heard that an attorney from Miami has sued them, for their refusal to credit the users with Bitcoin Cash. And I am more worried about Blockchain.info. Are they going to provide support for Bitcoin Cash anytime soon?

[hl5460]

Easy money, everybody wants it that's why bch price seems like a dead cat for now.
Who want to buy it? When everyone has many bch and there's no any usability yet instead of for trading purpose right now.
After bch deposit allowed, many exchanges get huge amount of bcash flow into their wallet and stuck there simply because people don't want to sell it less than $300 (mostly) after they have seen bch reached over $1000. But, I doubt bch will ever get back to $1000 again or at least not in this year.

Let the market decides its fate.