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Author Topic: Should I buy bitcoin cash  (Read 634 times)
bjbear123
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November 11, 2017, 06:20:02 PM
 #1

I am thinking of selling 0.2 of my bitcoin so I can purchase 1 Bitcoin Cash and then I will hold 1 Bitcoin and 1 Bitcoin Cash

Good or Bad Idea ??

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November 12, 2017, 05:37:21 PM
 #2

I am thinking of selling 0.2 of my bitcoin so I can purchase 1 Bitcoin Cash and then I will hold 1 Bitcoin and 1 Bitcoin Cash

Good or Bad Idea ??

Be smart and buy Monero. You will not need to worry tomorrow if is better to go buy Bitcoin again. Monero is what Satoshi planed to do with Bitcoin.

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kwukduck
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November 12, 2017, 08:12:51 PM
 #3

Sounds like a smart plan considering the bitcoin network is basically dead.
Almost no blocks are being mined. Hundreds of thousands of transactions remain unconfirmed for the foreseeable futute.

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November 12, 2017, 08:18:27 PM
 #4

Sounds like a smart plan considering the bitcoin network is basically dead.
Almost no blocks are being mined. Hundreds of thousands of transactions remain unconfirmed for the foreseeable futute.

Here he comes again, long time no see kwukduck. Do you mind to read again the part that I bold? You sure about that? Yes a coin that's worth $6,000 and has miners that are still supporting it is basically dead. There might be some delays and other problems through confirmations together with the higher fees but that's how it goes. But don't say almost "no blocks" are being mined, don't spread FUD.

Be smart and buy Monero. You will not need to worry tomorrow if is better to go buy Bitcoin again. Monero is what Satoshi planed to do with Bitcoin.
Didn't knew about this, any source to this?



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November 12, 2017, 09:23:37 PM
 #5

It's up to you if you want to buy bitcoincash but its better if you invest only you can afford to lose because even the price continue to increase they have posibility it will decrease and if that happen your money will decrease also.

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November 12, 2017, 09:27:43 PM
 #6

It is a nice play if you have an entire bitcoin, buying a whole bitcoin cash will make you sure that you are going to be prepared for what is going to come next.
The mempool is diying, there is no way to have less unconfirmed transactions because all the miners are going out and starting to mine with bitcoin cash because it is giving much more profits than bitcoin.
It is weird, but it is happening. I dont know what i am going to do too, but i am sure that i will be with bitcoin forever, but maybe i will buy some bitcoin cash to be prepared, i dont know yet.


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November 12, 2017, 09:32:00 PM
 #7

It is upto you of course, i would not buy bitcoin cash because i dont trust in all this pump/dump play, i prefer to keep making some profits on the exchange table but i am now looking to have all my funds in bitcoin cash, or just buy some of it.
It was below $500 a few days ago, and it is the price in where it should be now, i dont know why it has been being pumped so hard lately, i prefer to keep my funds on Bitcoin because that is the real "btc" and the one who is going to be the king forever.


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November 12, 2017, 09:44:36 PM
 #8

I am thinking of selling 0.2 of my bitcoin so I can purchase 1 Bitcoin Cash and then I will hold 1 Bitcoin and 1 Bitcoin Cash

Good or Bad Idea ??
I think it is a good idea to purchase bitcoin cash at least for now. It aint a bad idea after all, the potential of gaining profit is still there, I think they would continue their pump and dump scheme for several days before giving it up. Just hold your 1 bitcoin and 1 bitcoin cash if you already have some, wait for one to dominate then sell the one who lost the fight for dominance. In this case though my bet is btc but bitcoin cash would still pump IMO before it dumps.

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November 13, 2017, 02:38:57 AM
 #9

Yes, it is a good idea to diversify your portfolio, if this will make you feel comfortable, this diversifying will reduce the risk of lost. After all, Bitcoin Cash will not disappear based on this event, it will stay for good, keep in mind that most of the Bitcoin holder has received a free Bitcoin Cash last August and by now it's gaining some profit.

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November 13, 2017, 04:04:13 AM
 #10

I don't see there any good motive to buy BCH at this moment. Keep close attention over the markers. Its seems like they are now back to the minority chain and much less profitable to mine.

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November 13, 2017, 04:15:00 AM
 #11

I think you should wait for the correction because nobody knows exactly what is happing to BCH. I think is really difficult to predict how much will value next month
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November 13, 2017, 04:15:41 AM
 #12

I don't see there any good motive to buy BCH at this moment. Keep close attention over the markers. Its seems like they are now back to the minority chain and much less profitable to mine.

Lets them explore all possibilities mate, if they have good motives to buy BCH let them have their freedom. Because we don't know what will be the possible outcomes of their decisions. Maybe if they hold bitcoin cash they will earn much better as bitcoin does and they wouldn't think of long term holds. In my own idea about it, the decision that I am prefered to have is only for bitcoin and it could not be diverted by BCH.

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November 13, 2017, 05:44:44 AM
 #13

No idiot, if you buy 1 BCH with 0.2BTC all you'll get is 1 BCH and no Bitcoin, where did you come up with this idea that if you buy Bitcoin cash you'll have both of them? every single Bitcoin hodler would love to see the price of both coins going up, considering if they do have their BCH and have never dumped them. buying Bitcoin cash is like accepting a double spend transaction, you are in a way stealing money from yourself. because you don't know when some body dumps millions of BCH on you all.

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November 13, 2017, 06:05:38 AM
 #14

Supporting a bitcoin cash has the tendency to backfire at any moment those pumping will leave it after a big increase and you will be left behind in the situation that bitcoin cash has no worth at all. Bitcoin cash will never be the coin that will replace bitcoin as the number one for it will never be. Those who supported this move will be regretting it afterwards.
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November 13, 2017, 08:46:33 AM
 #15

Bitcoin cash spiked from $1000 to $2400 within a day and dropped back to $1000 again in a day.

Ask yourself how good you are as a speculator (gambler). If you have no good track record as a gambler - forget it Grin

Go buy blue chip shares that keeps a long term stable value or savings deposits. Investing in savings deposit at -3% per annum is better then buying at $1800 and selling at $1200 in a week Smiley.     
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November 13, 2017, 09:09:54 AM
 #16

Don't waste your time with BCH. It is not a good investment. It only seems like it because S2X supporters were pumping it. Looks like people are already dumping, so the hype will die down soon.
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November 13, 2017, 09:25:54 AM
 #17

Forget about buying it for now but if you want just to lose money you'll buy. Guess what? Bitcoin is up again and if you did ever bought at the dip you'll be happy to see on how people are keep on asking if they should buy bitcoin cash and just dump their bitcoin. Gotta feel sorry for those people that are so gullible to the FUDs out there that keeps on promoting bitcoin cash.

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