BITCOIN CASH is probably DYING

[Oroplata]

What will be the future for Bitcoin Cash after the Bitcoin Gold become officially accepted in the market this coming October 25 and November 1? I think the condition of Bitcoin Cash will become more critical.

[cryptokangaroo]

No, i beg to differ. It is immortal. I have a strong belief in this coin.

[aoluain]

I also liquidated my Bitcoin Cash a while back I didnt believe in it from the
start and made the decision to support Bitcoin.

It is just slowly sliding downwards.

[ahmedjamal1998]

Well I was never a fan of Bitcoin Cash. I just don't want to start laying out straight out facts as it still has a lot of supporters and a community that can't be neglected.

I  remember days before August when the forum was full of BCH lovers who started to spread that it's gonna replace bitcoin and it's what we truly need etc. etc. And I'm not gonna lie as a start seeing it reach more than $850 was crazy and it actually made me rethink the whole situation but still couldn't accept the 8mb solution.

Looking at the price changes for the past 24 hrs it's the only known coin that dropped that much ! A 10% decrease isn't anything small. But I can see that Zcash got down by 5% as well. So we just shouldn't run into assumptions.

It's either some are starting to lose hope and are selling or whales who invested in the $200 range decided it won't go anywhere better than $400 for them to sell.

[Zocadas]

I will keep BCH at least until November. Dependent from success of Bitcoin upgrade and a next hardfork, BCH could jumpup again and get an important role.

[asriloni]

I also liquidated my Bitcoin Cash a while back I didnt believe in it from the
start and made the decision to support Bitcoin.

It is just slowly sliding downwards.

But it's easy money isn't it? especially if you sell it at the peek of the price, you'll get some load of easy money without doing anything. Maybe it's dying or the price just manipulated by the whales of bitcoin cash, you know who is it. but, bitcoin cash already give the opportunity of earning free money.

[aintnopassincraze]

Seems about right for a coin that was main objective was a greedy group of people breaking apart from an already profitable operation. That is what you get and I saw that coming so I instantly sold the small amount of

BCH or BCC I got. And now we have another fork incoming with Bitcoin Gold? I seriously do not understand how this stuff occurs so quickly and how these people are allowed to do this.

[muncuss]

There are not much support for Bcash, look how many miner mine bcash. with 2x ahead i believ some of its supporter are changing support to 2x.

[peter0425]

Even before Aug 1 split, a lot of members have been predicting that bitcoin cash will not survived isn't it? And they said that they just want to get those "free coins" and will dump it ASAP. So I'm not surprise to see that BCH is slowly dying. And the miners that said that they will support it in the beginning eventually shift to bitcoin because there's no profit from mining it. And those who are still supporting it, either are trap and can't get out because they don't want to covered their losses and still clinging to the hope that it can still go up in the future or those price manipulators who are just bracing themselves to pump the coin once more and dump it to take their profit if everything falls into places.

[Yaunfitda]

I knew it from the beggining, that is why i dumped my bch just when i received them on my wallet, i sold them at $890/each, so i made a very good bussiness with my bch, i dont understand those people who still believe that the price will be higher than bitcoin, and i saw a lot of them saying that, i never understood if they were kidding or if they said it seriously, dont know yet.

BCH will never reached that status of bitcoin. Glad you dump it already at make a huge profit. Investors are wise not and will not be swayed by just advertisement. They want where the action is, and BCH can't guarantee that to them. So they stick to the reliable bitcoin market that we all love. There are still supporters of BCH though, but let's see how long they are going to hold on it. Its really hard to understood them when all the facts are being laid out to see that BCH is going nowhere.

[Baofeng]

What will be the future for Bitcoin Cash after the Bitcoin Gold become officially accepted in the market this coming October 25 and November 1? I think the condition of Bitcoin Cash will become more critical.

I think that Bitcoin Cash price will really be affected once the November HF took place. So if I'm a holder of Bitcoin Cash, I will get out now and not wait till the price crashes. The future for them is really bleak as there are no support, if there is, its Bitmain only. So there's no doubt that in just a couple of months after the November HF, the price could be around $100. They will have the same price as Bitcoin Gold and will remain behind Bitcoin. And its gonna be difficult for them to even touch $1000. Both of them will die because of no support from the community.

[Jovovich]

What will be the future for Bitcoin Cash after the Bitcoin Gold become officially accepted in the market this coming October 25 and November 1? I think the condition of Bitcoin Cash will become more critical.

I think that Bitcoin Cash price will really be affected once the November HF took place. So if I'm a holder of Bitcoin Cash, I will get out now and not wait till the price crashes. The future for them is really bleak as there are no support, if there is, its Bitmain only. So there's no doubt that in just a couple of months after the November HF, the price could be around $100. They will have the same price as Bitcoin Gold and will remain behind Bitcoin. And its gonna be difficult for them to even touch $1000. Both of them will die because of no support from the community.

So hard forks can just be seen as a short term investment huh? It was nice seeing bcc reach 800$ last month but i guess with features of BCC at 8mb, its becoming harder to mine it. Btc gold might come out different upon release so i guess its better to sell BCC  before its price would go to its lowest state. It's hard to tell how much but surely less people will be in on it.

[sagarnyc]

Once major exchanges accept deposits, you will see a large amount of people sell their bitcoin cash that is currently being stored in paper and hardware wallets.

This being said, bitcoin cash probably will continue to rise in value over time, similar to ethereum classic after the ethereum fork.

I think it will be worth investing in long term but I wouldn't allocate more than you would for bitcoin. If you are investing in bitcoin cash, diversify and also invest in bitcoin!

[DanWagner]

I think the problem with bitcoin cash is that most people don't care about it .

They just got some free money so they will sell it of.

[yugyug]

I see some coincidence here, the banning of bitcoin and IOCs in china was also the birth of BCH and NEO, both of these altcoins came from China, Bitmain the China and the world's largest mining pool and the largest mining hardwares manufacturing company are the number one supporters of BCH. If Mr. Jihan Wu, the CEO of Bitmain has the power to convince the Chinese government to really kick out the bitcoin in China and quickly jump in the BitcoinCash as their official cryptocurrency equivalent to bitcoin, as their infrastructures are quite identical to mine these coins, then BCH comes back to life.It may seems like a  conspiracy but we don't know the real motive of China against Bitcoin, but one thing for sure BCH is the China's big thing.

[Similificator]

From the very first rime i saw BITCOINCASH, i already had a prediction on what will happen to it. Because if you look at the reactions of most of the people in the cryoto world who got a hold of it, they sold their bitcoincash possessions as soon as possible. Only a few held on to their coins. It was clearly overrated. Have already told a friend about this but didn’t listen. Now he is seeing the way i do so he is now thinking of selling his BCH at hand and plan to keep a bit just in case. Which is what i did.

[Filmmmakerr]

True, because it has no support from the community , no merchants are using it, then the price is dropping. Soon the price will be 100usd just a fraction of BTC. Wait for the Nov hardfork, new coin will appear from no where they called it Bitcoin gold.

Exactly, once bitcoin gold arrives people will see that these forks aren't real, no one is using them and no ICO's are accepting them. They have no real value.

[Shamie1002]

In my own observation, BCC is just like other altcoins. And why would probably other users invest in this kind of altcoins. Trust is very hard to gain and instead of gaining trust of users, they gained negative feedbacks beacuase of the price deflation. So before it was released its already dead or nearly dead. Few invested in the sense that they thought it will replace bitcoin which is impossible to happen because bitcoin is used in general.  Bitcoin as the main commodity and basis of other altcoins.

[Mpamaegbu]

Many holders never realized that BCH was a flash in the pan and all for the money so they still held on to it hoping it would overtake BTC, especially when it skyrocketed to over $800. Many now leak their wounds for still keeping that shitty coin.EDA was a wasted idea. It was obvious from day one that there was a orob with BCH hashing. I also see the same thing happening to the new coin that will be birthed from the November fork.

[Onika84]

I don't understand technically how its work or related mining term. But as I know, Coinbase will send this coin on January 2018, right? I hope BCH still attracted and get pump after coinbase send it to all users who have BTC before August.

Let we see, a mother never hurt their child.