Bitcoin cash pump

[grexmebeen]

just notice a 40% pump of Bitcoin cash. What's the reason?

[CyberKuro]

Which site do you check to see bitcoin cash price?
I aware of bch price an hour ago and see it being pumped around 34.4% right now and I've checked on coinmarketcap, bitcoin price has reach $424 or 41.85% increases. No matter why this is happen or what is the reasons as I assume this is a common thing in crypto-world, which pump and dump always happen. If you know that bitcoin cash has 8Mb block size and if I could send bch faster and pay low fees than bitcoin, I will consider bch better than bitcoin. But, I know bitcoin cash will be dumped again as soon as it reach $450-$500, well I am waiting for $1000 before decide to sell mine.

[TobyTheCat]

Yeah just noticed it, don't know why. Hmmmm... sell or hold?

[TobyTheCat]

Anyone know any good irc channels (or similar) where I can talk to people in real time about these types of bumps?

[superlux]

Bitcoin cash hodlers made it possible.
It seems that most people who hold bcash just don't know how to sell think junk.
+ unknown bcash miner mines 90% of the blocks and just don't sell either.
Supply is very limited so I think $500 or even more is pretty realistic.

[Creasian]

gonna reach to $800 then dump

[secretservice]

The chart shows an almost vertical movement. I think it's just another pump.

[Creasian]

bitcoin is still slow honestly, took forever to purchase from coinbase

[JeffBrad12]

The chart shows an almost vertical movement. I think it's just another pump.

actually dump in my opinion, because the chart of bitcoin cash seems very stable in the past and that will be a normal reason to get pump by the pumpers as far as i know, this just another pump and dump scheme to fool a lot of newbies. to buy bitcoin cash and gets stuck in the high price. bullish trap.

[hanskan]

It's been 18 days and retards @ jaxx still haven't implemented BCH wallet, guess I have to be happy seeing that mad pump goin on at the moment. Otherwise would have dumped that crap by now.

[jhonbravo]

Bitcoin cash to 600 $ soon

[BitcoinerXX]

Bitcoin cash to 600 $ soon

and then $100 in the ensuing dump?

[Haesoo]

Yeah also noticed this but I think the big whales are up to this.
They planning something for bcc, they are the one's who manipulate the price.
We all know Chinese investors are behind all these so we can expect more to this coin.

[burdeN]

I will just put it here. http://www.trustnodes.com/2017/08/17/first-ever-8mb-block-mined-bitcoin-cash-spikes-price

[rayk]

It is not a trash coin, so it is not surprising to see it even above $1000 but it is now good only for trading or short term investment.

[Sammy2000]

Normal bitcoin is still slow and costs a fortune to transfer!

I hope bitcoin cash does take over.

[Deborah Christine]

It is not a trash coin, so it is not surprising to see it even above $1000 but it is now good only for trading or short term investment.

i agree with you. For the long term this coin is not yet reliable.
So for short term trading is very good and profitable.

[tanghere02]

Bitcoin cash may be pumping now because whales are trying to play eith them. Don't be fooled by the recent pump, it'll dump in a few. 

[gaming-stars]

I believe that both, Bitcoin and Bitcoin cash, will perform very well if another financial crisis occurs.

Even better would be a crisis where a major currency like Euro gets into big trouble and confident in fiat currencies suffers dramatically.

In this scenario, crypto currencies will boom!

I read that some major Hedge Funds managers like George Soros or Stanley Druckenmiller expect a financial crisis very soon and positioned themselves accordingly...

I am curious what will happen next...

[AshCoins]

Normal bitcoin is still slow and costs a fortune to transfer!

I hope bitcoin cash does take over.

Yeah it's pretty painful process to send/receive bitcoin.  How much faster is BCH?