gmmt (OP)
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October 16, 2017, 09:24:06 AM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
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Nick7815
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October 16, 2017, 09:31:24 AM |
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i don't want to disappoint you but i think it will even go down more. Maayybe it could rise up again to 400 or a little above for a short period but all in all it's gonna go down even more. Bitcoin Cash has no real use in my opinion. But as i said before: it might rise up at least a bit for short while so i woud hold it a bit longer hoping that i could reduce my losses a little bit. Last but not least i want to emphasize that this is no trading-advice. You have to make your own research, chart-analysis and trading-decisions. - Good luck!
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TheUltraElite
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Merit: 1327
Take good care of your parents!
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October 16, 2017, 09:54:37 AM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
It may be tough for you to digest this fact but Bitcoin cash may not rise ever again. This is because people have all forked their own bitcoins into bitcoin cash and have claimed that. Obviously after getting a new airdropped altcoin like this what do you expect them to do with it? Sell it on exchanges. People were of the mindset that bitcoin cash is simply free lunch for them and sold away all they had just to make as much profit from it as they could, which is why the price has been falling. Im not saying that in future bitcoin cash price will not increase. It will happen but not anytime soon. So my advice is to not panic about it but hold it and set sell price above buying price and then leave it.
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Jonashe
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Activity: 194
Merit: 100
CryptoPuzzle.com developer
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October 16, 2017, 10:28:40 AM |
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Bitcoincash speculator are moving out waiting for B2X (Segwit2x) coins in a month or so.
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DanWalker
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October 16, 2017, 10:37:19 AM |
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I think that bitcoin cash won't return to $500+. Moreover it will die due to the bleeding and losing the confidence of investors.
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Cnut237
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Merit: 1277
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October 16, 2017, 10:48:55 AM |
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I also think bitcoin cash is just going to continue to fall. If you have some still, the best time to sell is asap. I think it is not likely to rise again but will slowly fall towards nothing.
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VeeTeaSee
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October 16, 2017, 10:51:03 AM |
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I hope it will fall , and all the other forks too i dont like the idea of it at all
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BitcoinReseller
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October 16, 2017, 11:23:42 AM |
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price is depending on it's mining difficulty. i guess its price will grow again when difficulty get updated maybe weeks.
this is not first time bcc price get down to $200, it hit that price before and then bump into $700. anything is expected.
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Baofeng
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Merit: 1679
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October 16, 2017, 11:31:29 AM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
Sorry to break the bubble but I think it will take longer before you can at least recover your losses here. Bitcoin Cash didn't gain enough traction from the community that's why the price didn't took off as expected. Why did you buy Bitcoin Cash anyway? Do you believed about that coin? I think the community has spoken and they don't like another "clone" coin that's why the price has been slumping lately. And there is the upcoming Bitcoin Gold as well, which I think can affect the price of BCH in a negative way. Get out and stick to bitcoin or any other altcoins like ETH, NEO or LTC.
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IAmLucas
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October 16, 2017, 11:33:30 AM |
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Sorry to say, but I agree with the majority of other users on here, I don't think it will recover to it's highs. It just doesn't have the brand recognition.
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btcbringer
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October 16, 2017, 11:40:52 AM |
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i hold the opposite opinion against the above, i think bcc may goes down in a short time, but it must hit $1500 at least in one or two years
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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October 16, 2017, 11:51:17 AM |
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If you look at the graphon bitcoin, you can see it was always going up. Maybe it goes down a little bit but will will again rise 2x or higher than when it goes down. So it is safe to say that bitcoin is still alive and will still be going on the rise till it reaches $1k, that is if my speculation is right.
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clickerz
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October 16, 2017, 12:01:20 PM |
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price is depending on it's mining difficulty. i guess its price will grow again when difficulty get updated maybe weeks.
this is not first time bcc price get down to $200, it hit that price before and then bump into $700. anything is expected.
Though I consider it as a shitcoin that ride the hype of bitcoin before, it has still many supporter. I think it will depends on its community what direction they want for this coin. I hope a solid dev team can formulate its roadmap and significant in cryptoworld.
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happyme1818
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October 16, 2017, 12:12:37 PM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
Sad to say but it will continue to lose it's value. Bitcoin will dictate when it would go back again. After the next fork maybe it will stand on its feet again, just maybe. Many investors are converting altcoin to bitcoin in order to get free money just like what happened in bitcoin cash.
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ethereumhunter
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October 16, 2017, 12:15:54 PM |
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it is difficult for bitcoin cash to get increase more than $530 although we have this chance but i am not sure with this. the support of bitcoin cash is not too many depend with bitcoin itself and many of us is selling bitcoin cash because we can get by freely. so we can only hope that the price can back to that price that you want.
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banhmycoin
Jr. Member
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Activity: 59
Merit: 10
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October 16, 2017, 12:16:19 PM |
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i know my friends bought ~ $1000 and they hold it . if you sell them , you will lost real money
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Vaskiy
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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October 16, 2017, 12:17:00 PM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
Sad to say but it will continue to lose it's value. Bitcoin will dictate when it would go back again. After the next fork maybe it will stand on its feet again, just maybe. Many investors are converting altcoin to bitcoin in order to get free money just like what happened in bitcoin cash. The price of bitcoin cash has begun to grow after a long time. Today it shows sign of growth indicated with a green mark. At present holding bitcoin seems much profitable than the holding of altcoins. For this user might be converting altcoin to bitcoin. Upcoming fork will make a big change over the entire cryptocurrency as a whole.
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batang_bitcoin
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October 16, 2017, 12:18:00 PM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
Before I'm saying that bitcoin cash is nothing but seeing it's value grow I changed my mind because it's a free money for free. But in your case since you had bought it that's too bad for you. Better not to look at the price of bitcoin cash for now. If you don't want to cut your losses then don't sell for now and if you want to see the price of bitcoin cash up again just wait, this is the risk of trading.
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Matdog
Copper Member
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Activity: 462
Merit: 100
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October 16, 2017, 12:19:23 PM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
as it is indeed difficult for bitcoin cash to rise in price, we wait until the price goes up again
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madwica
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October 16, 2017, 12:21:15 PM |
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I bought it at 530 so im loosing money at.the moment my questoon is will it go up to this value again or higher ?
Sad to say but it will continue to lose it's value. Bitcoin will dictate when it would go back again. After the next fork maybe it will stand on its feet again, just maybe. Many investors are converting altcoin to bitcoin in order to get free money just like what happened in bitcoin cash. The price of bitcoin cash has begun to grow after a long time. Today it shows sign of growth indicated with a green mark. At present holding bitcoin seems much profitable than the holding of altcoins. For this user might be converting altcoin to bitcoin. Upcoming fork will make a big change over the entire cryptocurrency as a whole. I do not think so mate, bitcoin cash is launch few months ago and still it wont recover its value, and now new fork will happen and it will lauch new coin which is bitcoin gold i do not sure but a big possibility that bitcoin cash will lost its value and will be dominated by bitcoin gold because for now there are some exchange and wallets are wanting support this new coin but still bitcoin will be on the top and not replace by any new coin.
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