I am a pro-Core, pro-Segwit small blocker who has a hard decision about BCC

[Wind_FURY]

I have my BCC ready in Bittex for selling but when I was checking the BitcoinCash community, they were all very optimistic about the chances of BitcoinCash to become one of the most successful coins in the world of cryptocurrencies.

Now I am thinking of holding them instead. I want to know what would you do? Hold or sell, and why?

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[Herbert2020]

LOL, your subject has nothing to do with your question, what the hell

kidding aside, if by bitcoincash community you mean the infamous /r/btc then of course they are saying "to da moon". like any other altcoin board says when they are bag holding. and in this case have some additional agenda of take over.

as for price, it is hard to tell. we saw the initial dump from those who were more tech-savvy, or risk-takers who took the risk of installing an untested BCC wallet.
but there is still a huge wave of people who have no idea what to do and how to dump, ... so the risk will always be there as soon as someone introduces an easy to use and safe way of doing it.

my speculation is that the BCC price won't make any major movement for at least a couple of months. near SegWit2x if the core devs continue their denying of block size rise then BCC may have a big pump. specially because miners will switch there without a doubt if they can't get 2 MB blocks here.

[BurstIncomeAsset]

Maybe if you named the title "are you a pro-Core, pro-Segwit small blocker" ?

Your pool is a little...biased the way it is written.

I can't see btc/bcc moving much in the incoming months.

Maybe if btc reaches $10k by the end of year(higly likely, in my opinion)

[HabBear]

Maybe if btc reaches $10k by the end of year(higly likely, in my opinion)

Why do you think the price of BCH is driven by the price of BTC?

The only logical correlation is that if Bitcoin goes down Bitcoin Cash could go up. But other than that Bitcoin Cash's appreciation will have to be driven on its own merit as an alternative crypto currency.

kidding aside, if by bitcoincash community you mean the infamous /r/btc then of course they are saying "to da moon".

I'm not a Bitcoin Cash hater, but they should really get their own destination in the Universe.

I hope that BCH does well ONLY if it can offer a unique and complementary value to Bitcoin. They need to exist in parallel, not in competition.

[NUFCrichard]

I have my BCC ready in Bittex for selling but when I was checking the BitcoinCash community, they were all very optimistic about the chances of BitcoinCash to become one of the most successful coins in the world of cryptocurrencies.

Now I am thinking of holding them instead. I want to know what would you do? Hold or sell, and why?

You asked the BitcoinCash community if they were optimistic about BitcoinCash, and you were surprised to find that they are?
Don't go to the Altcoin section on BCT, you will be broke within a few minutes!

Most people are bullish about what they own, that is why they own it. They are often full of sh!t too, as soon as they sell, suddenly they don't care anymore and often start trashing their old investment.

You have to form your own opinion. I thought that 0.2btc would be far too high for BCH, and that 0.05btc would be too low. I got out at 0.14, but might buy back in if the price falls back to 0.05.

[Pursuer]

right now BCC (BCH) market is very small and despite all the sell pressure it is easily getting manipulated and swings around. I have been enjoying the profit that it gives me so far, I've transferred some coins to bittrex in addition to what I already had before Aug 1st to get the BCC and I have been trading it in the past 8-9 days. I don't have any hopes for it to go to $1000 though. it most probably will continue fluctuating like this and give us profit until the regular users can finally get their hands on their BCC tokens and dump them, that's when real crash happens and it would be tough to go to $1000 from there.

[gentlemand]

You should put your allegiances aside and put your greedhead hat on.

BCH, or whatever it is, is going to have a smaller supply than BTC no matter what. Plenty of people will be too stupid or lazy to claim it. Others will have sold straight into the hands of pumpers already and will do so again when Poloniex and Coinbase release them.

If it's a pure alt, and it is, then it's inevitably going to become a whale toy like all the others. On top of that it comes with the big block agenda baked in and at least a few of them have very deep pockets and the hunger to scare BTC.

A super pump is inevitable in my opinion. Selling at this price level is fine for something that cost nothing, but it was created to make a point so sell it when that point is being made.

It'll whipsaw around forever now. The ETH flippening scared enough people, can you imagine how much a whale inspired BCH flippening would make?

And if there's another generalised alt tsunami upwards never forget the classic noob mind set of 'hey, it's Bitcoin but it's CHEAPER. Wow.'

[Prem.Soorajpaul]

I have my BCC ready in Bittex for selling but when I was checking the BitcoinCash community, they were all very optimistic about the chances of BitcoinCash to become one of the most successful coins in the world of cryptocurrencies.

Now I am thinking of holding them instead. I want to know what would you do? Hold or sell, and why?

Same here. I am also holding all of my Bitcoin Cash coins. I have studied in detail about Bitcoin Cash, and I think that its future is very bright. I will give it 1 year. If the prices stay below $200 per coin even after that, then I'll dump my coins.

[BitcoinNewsMagazine]

You should hold all your BCC offline in a hardware wallet as a hedge against BTC price crashing. Around November when the hard fork portion of SegWit2X does not happen miners who would like to take over control of bitcoin may just move massive amounts of hashing power to Bitcoin Cash. Time between blocks for Bitcoin will slow more and more till it takes days for a transaction to confirm. Bitcoin Cash will have low fees, quick confirmations and the public may abandon Bitcoin for Bitcoin Cash. Both may exist together for awhile. This is the black swan scenario; hope it does not occur but you should hold your BCC in case it does.

[alyssa85]

It will increase in value IF it is used to move money. If not, then the price will languish. It's early days at the moment.

Bitcoin's real threat is Ethereum.

Looking at the following chart comparing bitcoin and ethereum transactions, bitcoin has fallen back and more transactions are occuring on the ethereum network:

https://bitinfocharts.com/comparison/transactions-btc-eth.html

Ether is the red line and btc is the blue line - see how the blue line drops sharply and the red line rises.

[yua_na]

why there are so many people asking for this ?
do you see etc ?
learn from etc, after they are hard forking, what do you see ? how much value for etc , and what happened to eth after that ?

it will happen to btc as well..

trust me no more then 1/10 bch value to btc

[gentlemand]

Bitcoin's real threat is Ethereum.

The one and only reason 95% or more of people are in ETH is to make more money. If Bitcoin Cash looks like there'll be more to make expect mass migrations. With the familiarity and FOMO factors it's potentially a much, much more potent threat.

[amacar2]

I have sold most of my free bitcoincash quite early but price is still under that price where I have sold mine, However I am still afraid to put anything in BCC because price can get another round of dump to $200. I might buy some of them if price go under  $300 again.

[Qoheleth]

Usually, if someone likes a coin, that person will think it has a bright future.

That said, if you're worried that you might be getting off the rocket by selling your BCC, I'd suggest hedging! You can sell most of it, take profit immediately, but still hold the rest Just In Case it sees major appreciation after all.

[Denker]

I have sold most of my free bitcoincash quite early but price is still under that price where I have sold mine, However I am still afraid to put anything in BCC because price can get another round of dump to $200. I might buy some of them if price go under  $300 again.

If it should go once more below $200 I think there will be lots of traders using this opportuniy. Bcash imo will be a coin driven mostly by lots of speculation, pump and dump schemes.
Although I'm 100% pro core and SegWit, from a traders perspective I'm having an eye on that thing, as many others as well I believe.

[LFC_Bitcoin]

I'm holding mine at the moment but I think I'm going to dump them soon. Maybe I'll keep 5 or something but the free money seems too good an opportunity to ignore atm. I don't want to see them fall to below $100 & totally regret not selling so I will probably sell sooner rather than later.

[St.Stephan]

You should put your allegiances aside and put your greedhead hat on.

BCH, or whatever it is, is going to have a smaller supply than BTC no matter what. Plenty of people will be too stupid or lazy to claim it. Others will have sold straight into the hands of pumpers already and will do so again when Poloniex and Coinbase release them.

If it's a pure alt, and it is, then it's inevitably going to become a whale toy like all the others. On top of that it comes with the big block agenda baked in and at least a few of them have very deep pockets and the hunger to scare BTC.

A super pump is inevitable in my opinion. Selling at this price level is fine for something that cost nothing, but it was created to make a point so sell it when that point is being made.

It'll whipsaw around forever now. The ETH flippening scared enough people, can you imagine how much a whale inspired BCH flippening would make?

And if there's another generalised alt tsunami upwards never forget the classic noob mind set of 'hey, it's Bitcoin but it's CHEAPER. Wow.'

One of the best, wisest posts i have read in weeks.

[illinest]

I have my BCC ready in Bittex for selling but when I was checking the BitcoinCash community, they were all very optimistic about the chances of BitcoinCash to become one of the most successful coins in the world of cryptocurrencies.

Now I am thinking of holding them instead. I want to know what would you do? Hold or sell, and why?

I just hold any airdropped coins. More than anything, it's just a nuisance to access most of my coins, and not worth the risk of screwing something up. I might miss some quick cash now, but there's a slight chance Bitcoin Cash has a bright future (or at least some pumps, like any other altcoin). As such, I'm doing nothing, and just holding my bitcoins (and my BCC).

[FiendCoin]

I'm no fan of bcash, I hate the idea of it.

Now, I believe it will be pumped prior to the November deadline for 2x.

I think we'll see, 0.13-0.25 to BTC by then.

@3550 $435-837

@5000 $650-1250

So I guess the answer is maybe?

[hatshepsut93]

I have my BCC ready in Bittex for selling but when I was checking the BitcoinCash community, they were all very optimistic about the chances of BitcoinCash to become one of the most successful coins in the world of cryptocurrencies.

Now I am thinking of holding them instead. I want to know what would you do? Hold or sell, and why?

It's possible that BCH will have some more pumps in the future, but eventually it will die, simply because it's a shitcoin with zero innovation. Big blocks is not something new, lots of altcoins have different block sizes, block times, and other minor tweaks. The market has proven that all that stuff doesn't work and can only make the network less secure if it will start hitting transaction cap. Don't listen to hype, don't get investment advice from strangers, study how crypto works to make your own judgement. 95% of big price moves are caused by whales to just fill their own pockets.