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Author Topic: What to expect from Bitcoin Cash?  (Read 649 times)
urp0k1911 (OP)
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September 15, 2017, 06:51:19 PM
Last edit: September 15, 2017, 08:06:32 PM by urp0k1911
 #1

Hey, did anyone notice BCH volumes on Korean Bithumb (its about $300 mil as of time of this writing and rising)? Its gonna move Ripple soon and make it into top 3 on coinmarketcap if this continues. What are these guys are up to? Should we expect BCH rise due to Korean volumes?
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September 15, 2017, 09:38:12 PM
 #2

BCH is a bullshit coin that doesn't bring anything new. It will just slowly die over several years.
urp0k1911 (OP)
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September 16, 2017, 04:12:01 AM
 #3

BCH is a bullshit coin that doesn't bring anything new. It will just slowly die over several years.
I tend to agree, but that does not mean that there aren't money to be made short term trading this Bitcoin bastard. I mean last time I've seen such pump from Korea it went to almost 1k.
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September 16, 2017, 07:25:27 AM
 #4

The future of BCH also depends on a possible second hardfork of Bitcoin in november and it depends on the success of Bitcoin uprades (Segwit, Lightning networks) and on its community and miners. At the moment, it seems to be solid and will probably establish as one of the first cryptocurrencies
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September 16, 2017, 07:42:10 AM
 #5

I am seeing all bulls in bitcoin cash as I believe it will turn out to be profitable investment and coin. Anyways it doesn't much any purposes right now. They wanted to beat bitcoin and couldn't some nothing for short term in our sights.



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Minotus
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September 16, 2017, 07:52:50 AM
 #6

I have high hopes for Bitcoin Cash. I think people are underestimating it. I would not be surprised to see it get closer to Bitcoin in value let's say in five years. It definetly has the potential.

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September 16, 2017, 07:53:29 AM
 #7

Hey, did anyone notice BCH volumes on Korean Bithumb (its about $300 mil as of time of this writing and rising)? Its gonna move Ripple soon and make it into top 3 on coinmarketcap if this continues. What are these guys are up to? Should we expect BCH rise due to Korean volumes?

I'm expecting it to die, honestly. No one seems to be using is, just some whales keeping up the price to profit. 30 tx in every block? This is shitcoin.
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September 16, 2017, 08:00:49 AM
 #8

it concerns me that it doesn't bring anything new, only news and hypes, not real development, just purely based popularity, how the value will last
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September 16, 2017, 08:03:27 AM
 #9

This is what i think , since it is a fork from bitcoin,from a miner mindset specially those who owns a large mining pool mainly in China, it is easier for them to switch between these two coins as they were they same algo, so mining cost of infrastructure is almost as close to zero. and beside it is also beneficial to mining pool operator to prevent from 51% DDos attack whenever they almost own the majorty of mining pool worlwide shares. Speaking of real world business application, Bitcoin Cash is inutile, there are no potential enterprise or merchant engagement for Bitcoin cash, it is mainly use for coin trading nothing more nothing less. So it is not widely adoptable to masses.
urp0k1911 (OP)
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September 16, 2017, 08:22:47 AM
 #10

it concerns me that it doesn't bring anything new, only news and hypes, not real development, just purely based popularity, how the value will last
Well, upon its release there were at least two unique features: EDA (emergency difficulty adjustment, that saved it when difficulty skyrocketed and there were no blocks for 6 hours) and 8mb blocks. Also it keeps the signatures where they belong - in the block, as discribed in Bitcoin whitepaper. The thing that concerns me the most about BCH is that I know of no businesses that accept it.
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September 16, 2017, 08:29:31 AM
 #11

Hey, did anyone notice BCH volumes on Korean Bithumb (its about $300 mil as of time of this writing and rising)?
these new Korean exchanges are like the old Chinese exchanges: with 0 fee and lots of fake volume. and all their volume for all coins are ridiculously high like this not just BCH!

Quote
Its gonna move Ripple soon and make it into top 3 on coinmarketcap if this continues.
it needs price to overcome Ripple not volume. and it has been falling so far as bitcoin started to rise back up again!

Quote
What are these guys are up to? Should we expect BCH rise due to Korean volumes?
not really.
there will surely be another pump of BCH. nothing can stop that but it will not come this fast and it certainly won't be because of fake volumes of Koreans

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September 16, 2017, 08:34:30 AM
 #12

I have high hopes for Bitcoin Cash. I think people are underestimating it. I would not be surprised to see it get closer to Bitcoin in value let's say in five years. It definetly has the potential.

I don't really see the potential there. Take a look at the number of BCH transactions and it's self-explanatory. Nobody is using it, no businesses are accepting it, and frankly speaking nobody except speculators doesn't give a shit about it. It is simly a speculative coin with no real use. And such coins usually don't have much potentail in the long run.

urp0k1911 (OP)
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September 16, 2017, 08:42:34 AM
 #13

it needs price to overcome Ripple not volume. and it has been falling so far as bitcoin started to rise back up again!

Isnt there are volume and price relationship? Especially if its a large buying vol?
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September 16, 2017, 08:44:08 AM
 #14

Bitcoincash is forked from bitcoin, bitcoin cash is just like another alt. Like ETC to ETH. Bitcoincash got many support from chinese miner and chinese crypto community. As you know now..chinese goverment begin di ban trade to china base exchanger. So you know what to do with it untill the regulation from china goverment is out.
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September 16, 2017, 08:48:32 AM
 #15

My expectation from bitcoin Cash is so high that I can't wait to see bitcoin Cash market value moving to $2,300 in the nearest future. It will just be like the case of bitcoin that was previously ignored by so many people, but now many of them are regretting for not buying bitcoin when the price was cheap as compared to what it is today.  
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September 16, 2017, 08:55:16 AM
 #16

Too risky if you Deal with Bitcoin cash.
maybe you need to think twice before stepping on BCH.
or gonna regret it.
Just Review some other altcoin. it may help you

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September 16, 2017, 12:25:22 PM
 #17

BCC BCH has interesting potential,
it block size makes it as an advantage,
I expect it to go higher Smiley
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September 16, 2017, 04:18:53 PM
 #18

I am not fan of Bitcoin Cash.And i don't like this coin for many reasons.When this coin is lunching at this time i bought some BCH and after within few hours its start big reducing.Now i sell this coin and bought another alt coin.
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September 16, 2017, 04:32:15 PM
 #19

such pump
You're a mindless parrot to use phrases like that.  You can tell you learned everything you know about money, finance, & trading from reading shit on bitcointalk. Do yourself a favor and expand your horizons.

Having said that, I agree BCC is a dud that will burn itself out pretty quickly.  I haven't even claimed mine since the fork, that's how little I care about it.  Maybe one day, if I'm wrong and it becomes the next hot thing I'll be a millionaire.

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urp0k1911 (OP)
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September 16, 2017, 05:39:18 PM
 #20

such pump
You're a mindless parrot to use phrases like that.  You can tell you learned everything you know about money, finance, & trading from reading shit on bitcointalk. Do yourself a favor and expand your horizons.

Having said that, I agree BCC is a dud that will burn itself out pretty quickly.  I haven't even claimed mine since the fork, that's how little I care about it.  Maybe one day, if I'm wrong and it becomes the next hot thing I'll be a millionaire.
Well, I have never said I have years of experience in trading. I'm new here, and I have got involved in trading only a month ago. Weren't you like that at some point in time? However I have plenty of experience at other things, including analysis and am trying to apply it. Sometimes I am right and sometimes I'm wrong, just like everybody else. But you seem to have experience and have learned enough to tell that I have limited sources. I'm willing to learn too, so I would appreciate a decent advise on how I should expand my horizons. Thank you.
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