Bitcoin Cash Drops From $2800 to $1300

[babybit2]

Longterm BCH is done for, it won't be replacing anything and the tactics over the last couple of weeks have been appalling. Short term there'll be many trading opps I suspect, calling them right won't be easy.

[Monkey1]

I think it should be. The miners were determined to return to BTC again as difficulty increased.

[x86Daddy]

As you can see, the development of Bitcoin cash is just a pump by whales and sharks. It can not overtake Bitcoin.

[Qunenin]

I think it should be. The miners were determined to return to BTC again as difficulty increased.

That was just a game plan as they swegit2 was cancelled and big investors who were planing to get a lot of profit from it were disappointed. they started pumping the BCH and also many people were waiting for the bitcoin cash pump and this was the best time. They pumped so high and dumped it within hrs making a lot of profit by handful of people leaving many people in cry and shocked who started to buy it at high price thinking this is the next bitcoin.

[tomahawk9]

Price today is $1000, it's been going down at steady pace this week, wouldn't be surprising to see $900 this weekend. It will probably get a surge in the price once BTC hits 8k but i don't think BCH is going to reach the price we saw last week (with all the FUD and artificial pump) that only helped a group of greedy individuals whose goal was to profit after manipulating the BCH users.

[omonuyak]

That pump that happened on 11/11/2017 has no foundation and we all know that it will surely fall.  However the pumpers has achieved their target as they major aim is to manipulate the market to they favor. The inexperence  that were buy at $2800 will now lose huge for the whales that began the pump from $310. The price is still above $1000 and maybe before next week we may see a very serious dump as most of the whales has no confidence on this bitcoin Cash.

[nominee]

That pump that happened on 11/11/2017 has no foundation and we all know that it will surely fall.  However the pumpers has achieved their target as they major aim is to manipulate the market to they favor. The inexperence  that were buy at $2800 will now lose huge for the whales that began the pump from $310. The price is still above $1000 and maybe before next week we may see a very serious dump as most of the whales has no confidence on this bitcoin Cash.

Easy like this. We all knew that Jihan Wu and other guy are pumping this BCH thing artifically. Then it's normal when it goes down like that. Actually, there is more way on the bottom for BCH, this is the beginning.

[devollito]

This coin manipulation makes people lost a lot of money. The truth about bitcoincash :
1. Big block with very small transaction = nobody really use it nowaday.
2. Still not enough development team to compete with bitcoin.
3. Miner is not decentralise. In fact bitcoincash created to monopoly mining.

[TravelMug]

I think it should be. The miners were determined to return to BTC again as difficulty increased.

That was just a game plan as they swegit2 was cancelled and big investors who were planing to get a lot of profit from it were disappointed. they started pumping the BCH and also many people were waiting for the bitcoin cash pump and this was the best time. They pumped so high and dumped it within hrs making a lot of profit by handful of people leaving many people in cry and shocked who started to buy it at high price thinking this is the next bitcoin.

It was really a well planned by Roger Ver and Jihan Wu. And people are gullible to play with their tricks. Look at the price now, its going down to $1000 and may very well be going to sub $1000 anytime soon. Those thought that the flippening will happened are either on their payroll or are too stupid. People are still on bitcoin and the pump on Bitcoin Cash is to really make a lot of money for the whales, sadly there are newcomers who fall for their trap and loss a lot of money along the way.

[weredo911]

Bitcoin cash is still a young coin. It still need more time to prove its value. But I think that will happen soon.

[Reatim]

Bitcoin cash is still a young coin. It still need more time to prove its value. But I think that will happen soon.

But they are promoting themselves as the real bitcoin and not a altcoin. That's why they got so much hate in this forum. And the recent attack shows their true identity and the drop of the price just proves that its just a pump and nothing more. Compare it with the current price, at $1K, do the math how much those pumpers really earn. I'm guessing millions flows around those pumpers.

[kripto para]

As you can see, the development of Bitcoin cash is just a pump by whales and sharks. It can not overtake Bitcoin.

nobody think bitcoin cash overtake bitcoin, except paid shills by cash whales.
they made their money already, nobody complaining. only noobs lost money from this speculation, as expected.

[SideR]

As you can see, the development of Bitcoin cash is just a pump by whales and sharks. It can not overtake Bitcoin.

nobody think bitcoin cash overtake bitcoin, except paid shills by cash whales.
they made their money already, nobody complaining. only noobs lost money from this speculation, as expected.

ahaha yea    and some still believe in bitcoinCash) soon go down less than $ 300 - will return to its price

[spngebob]

As you can see, the development of Bitcoin cash is just a pump by whales and sharks. It can not overtake Bitcoin.

nobody think bitcoin cash overtake bitcoin, except paid shills by cash whales.
they made their money already, nobody complaining. only noobs lost money from this speculation, as expected.

Of course it can't, who gives a f.k about bitcoin cash, whales and sharks anyway? Do we need that kind of altcoin? I don't think so.
I expect to see even lower price, while i am supporting some altcoins i will never support bitcoincash, if we are talking about bitcoin there is only one bitcoin, others are just forked shitcoins.

[serjent05]

I believe it was a pure manipulation, a pump to squeeze unsuspecting investors of their money.  I also think that this will happen again ang again and there will be lots of people who joined the hype and buy Bitcoin Cash at its peak to lose their investment.  It would be best if these people will study the market and potentials of BCH before jumping in.  Profit can be seen in shorterm but I do not see any long term benefits of BCH.

[dead_m92]

Bitcoin cash is over guys, there is no going to be a new pump because all those gurus that were saying that it was the new bitcoin arent saying anything right now, they just dont care about it.
It is all over, bitcoin has touched a new all time high, it all is now back to the normality again.
I am sure that bitcoin cash will be dropping a lot for the next few days, maybe it will be back again to $600 in a few days from now.

[dunfida]

Bitcoin cash is over guys, there is no going to be a new pump because all those gurus that were saying that it was the new bitcoin arent saying anything right now, they just dont care about it.
It is all over, bitcoin has touched a new all time high, it all is now back to the normality again.
I am sure that bitcoin cash will be dropping a lot for the next few days, maybe it will be back again to $600 in a few days from now.

Hype is over and those gurus that you do said wont really say a word because their bags are already full which is somehow expected for it to happen. Its is just being hyped up and I don't really see anything special on this coin to sustain or good for long term. This would really be just a good vessel on making profits on a short period of time. Shoring or day trading might possible but talking on its potential then I do already have the doubts on that.
Price would even more drop on upcoming days which is already being anticipated.

[bravetheheat]

I guess there are whales control the market, they have a huge amount of investment and can control market price pump and dump. Newbie will be caught by these whales when you really want to buy some, which make it just like a spam project. It's no easy to know that bitcoin cash is supported by Chinese miners, they make really a huge money from bitcoin and possess more than 70%  hashpower. Bitcoin cash won't succeed since it is already a centralized coin.

Why not invest some deeponion, the price is low now but you can have many coins.

[Invester]

And now, presenting to you, Bitcoin Cash, artificially pumped and all. And Bitcoin Cash's price went to the high heavens because of that pump. But then because it was artificial, it cannot be possibly sustained for even a short time. And when the true case appears, it falls hard. And would you be surprised if I tell you that Bitcoin Cash today is even going less than $1,000?

[wildflower18]

And now, presenting to you, Bitcoin Cash, artificially pumped and all. And Bitcoin Cash's price went to the high heavens because of that pump. But then because it was artificial, it cannot be possibly sustained for even a short time. And when the true case appears, it falls hard. And would you be surprised if I tell you that Bitcoin Cash today is even going less than $1,000?

Im not surprise of this Bitcoin Cash would hit lower as I expected. It just hype lately that price pump and sadly for those who ride and bite the market that had bought its price high. Definitely some suffer of losing btc because price will eventually downfall. It cannot overtake bitcoin still btc is the highest still.