Obligatory: Is Bitcoin Cash A Bubble?

[Hydrogen]

Is bch a bubble?

If bch is a bubble, has that bubble popped?



For reference, it was not long ago that ethereum was considered a good investment with a massive spike eerily similar to what bch is indicating now.



Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth. Or do they seem more like the types to focus on short term gains to the expense of long term value? I think Satoshi was a creator of longer term value, which is why bitcoin has done as well as it has. As for Roger Ver and whoever is running ethereum now, I would be interested to know what public opinion on them is.  

On a more technical side, should bitcoin cash be worth 1/4th of what it is given it has very limited utility. It isn't supported by retailers. It doesn't many have uses or real world application. There's not much good about bitcoin cash to favor it. There is a chance that bitcoin cash's real world value is $400. Whatever value it appears to have may be an illusion.

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[batang_bitcoin]

Is bch a bubble?

I think so, people who are thinking that bitcoin is bubble will not agree to that statement as they are bitcoin cash supporters and the same goes to bitcoin supporters.

If bch is a bubble, has that bubble popped?

I guess it did.

For reference, it was not long ago that ethereum was considered a good investment with a massive spike eerily similar to what bch is indicating now.

This means that BCH will be standing and competing against ETH not btc?

Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth.

People behind BCH does want few things, they want to take over the network together with those goals.

Or do they seem more like the types to focus on short term gains to the expense of long term value?

Probably long term.

I think Satoshi was a creator of longer term value, which is why bitcoin has done as well as it has. As for Roger Ver and whoever is running ethereum now, I would be interested to know what public opinion on them is.   

ETH belongs to Vitalik Butterin, all of our opinions are still speculations will wait for someone to comment with proofs of claim about wanting to get a long term value on Bitcoin cash.

[palle11]

I'm thinking this kind of curiosity has been dealt with in some thread & so, maybe you would need to search on stuffs like that here and get more reactions there.

As for me, the bubble nature as explained in economics, is what you don't touch nor carry about. Thus, having tendencies of disappearing in a shortest time.

[fanbeila]

We could not even term it as a bubble.It could be turned as a bubble if it has lasted for a considerable period of time but,BCH price increase has lasted for just 3 days.It has been pumped high by its supporters to reach such a price.It has started to lose its value in the third day itself.It could be termed as the best example of how a pumped coin would rise high soon and immediately start to fall at a high speed.

[hugeblack]

Is bch a bubble?

No , it is just temp solve for main bitcoin problem (1MB block size) after 2x canceeled .

If bch is a bubble, has that bubble popped?

it is better to say crash of BCH , till now many supports support BCH , minners find Bch minning better than BTC and huge spam make bitcoin network stopped all this make BCH rises .

Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth

No easy mining make BCH short term coin so that Roger Ver say "why I sold a portion of my BTC".

[jaysabi]

Is bch a bubble?

If bch is a bubble, has that bubble popped?

[img]

For reference, it was not long ago that ethereum was considered a good investment with a massive spike eerily similar to what bch is indicating now.

[img]

Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth. Or do they seem more like the types to focus on short term gains to the expense of long term value? I think Satoshi was a creator of longer term value, which is why bitcoin has done as well as it has. As for Roger Ver and whoever is running ethereum now, I would be interested to know what public opinion on them is.  

On a more technical side, should bitcoin cash be worth 1/4th of what it is given it has very limited utility. It isn't supported by retailers. It doesn't many have uses or real world application. There's not much good about bitcoin cash to favor it. There is a chance that bitcoin cash's real world value is $400. Whatever value it appears to have may be an illusion.

It's far too soon to be calling a burst bubble on BCH. We're barely 12 hours away from its all time high, and people want to call the bubble finished. What is certain at this point is that BCH is extremely volatile, and that it has seen a massive influx of capital at the same time that BTC has seen a massive outflow of capital. This is likely not a coincidence. Any pullback from a high is not a burst bubble. Far more time needs to elapse before any conclusion can be drawn, there's just not enough data yet.

In response to the bolded text, this is mostly inaccurate. BCH has no less utility than BTC. It is easy for merchants who take BTC to switch to BCH, the fact that they haven't (yet) is not an indication that they won't, especially so young in BCH's life cycle. This would be the equivalent of people claiming 3 months after bitcoin was released that nobody uses it to buy anything, so it's never going to amount to anything. Obviously, that was shortsighted and wrong. Not only is the reasoning wrong, but there's an increasing case to be made that BCH will be more useful than BTC. With SegWit2x called off, there is no proposal on the table to scale BTC and there likely won't be for some time. BCH was created to create the capacity that BTC was neglecting, and add to that that BTC is currently being crushed by a massive spam attack, and BCH looks even better. I believe the spam attack is meant to cripple the network and drive more people to BCH, and although that's shady as hell, the point remains that BTC can't handle the traffic, and a protocol that is prone to manipulation like that is not useful or secure.

I've been against BCH since the fork that created it, but I also just want the tech to work, and BTC is currently failing in that regard compared to BCH. I'm not ready to switch the horse I'm rooting for yet, but at the end of the day, I'm not sticking with BTC just to stick with BTC because the tech has to work!

[jseverson]

I believe the recent spike could be considered a bubble.

We know that the spike is artificial and is likely to be unsustainable. The very reason Roger Ver and friends pulled out of Segwit2x is because they knew they couldn't get support. They wouldn't be able to get support here either. This could very well be a pump and dump scheme and I hope people don't fall for it.

[nidacoinlove]

Is bch a bubble?

If bch is a bubble, has that bubble popped?



For reference, it was not long ago that ethereum was considered a good investment with a massive spike eerily similar to what bch is indicating now.



Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth. Or do they seem more like the types to focus on short term gains to the expense of long term value? I think Satoshi was a creator of longer term value, which is why bitcoin has done as well as it has. As for Roger Ver and whoever is running ethereum now, I would be interested to know what public opinion on them is.  

On a more technical side, should bitcoin cash be worth 1/4th of what it is given it has very limited utility. It isn't supported by retailers. It doesn't many have uses or real world application. There's not much good about bitcoin cash to favor it. There is a chance that bitcoin cash's real world value is $400. Whatever value it appears to have may be an illusion.

People who are supporting the altcoin like ETHEREUM is I think want to drive it for a long-term wealth making. The BCH is totally a different scenario, it is backed by a pool of miners where there may be some common names working at a time on both ETH and BCH. The ETH also have the support of people as bitcoin but the major difference in the ETH and BCH followers is that BCH is imposed on the people to use it.
Bitcoin Cash value in real is much lesser that it's current value. It is just being pumped nowadays. People can only benefit from BCH for a short while not for a long term. BCH is a bubble and it will burst soon.

[CryptoBry]

It is getting tiresome talking about bubbles here though I still enjoy it reading from time to time most especially if there would be some dramatic occurrence like what is happening right now. Yes, anybody can say that a certain cryptocurrency has already reach the bubble point and that can be the time when its price would go down for some corrections. I think that is the fair definition of a bubble in this forum and not the traditional view where things would be split into smithereens.

[Mpamaegbu]

I don't know why people panic whenever a coin gains price increase or momentum and call it a bubble as if we didn't hold the coin in expectation if this increase and value. I sincerely don't think BCH is a bubble. It's the failure of bitcoin to fix its transaction backlog and fees that gave rise to bch spike. Many btc lovers switched. And if that failure isn't fixed the increase is likely to continue.

[honeyb0y]

Bitcoin cash is just fan based and has less supporters, on it's current price pump it is obvious that it is just being controlled by several people with an objective of earning more. once the price reach their goal they are going to dump their BCH again and go back to BTC which will result to an enormous increase of their BTCs.

[TheCoinGrabber]

Any idea if it'll ever get pumped again? It sure looked like a bubble to me. I mean, what makes Bitcoin Cash better than bitcoin anyway. I suppose this would happen to Bitcoin Gold.

[hase0278]

Is bch a bubble?

If bch is a bubble, has that bubble popped?



For reference, it was not long ago that ethereum was considered a good investment with a massive spike eerily similar to what bch is indicating now.



Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth. Or do they seem more like the types to focus on short term gains to the expense of long term value? I think Satoshi was a creator of longer term value, which is why bitcoin has done as well as it has. As for Roger Ver and whoever is running ethereum now, I would be interested to know what public opinion on them is.  

On a more technical side, should bitcoin cash be worth 1/4th of what it is given it has very limited utility. It isn't supported by retailers. It doesn't many have uses or real world application. There's not much good about bitcoin cash to favor it. There is a chance that bitcoin cash's real world value is $400. Whatever value it appears to have may be an illusion.

I am sure that bitcoin cash itself is a bubble and it has popped for now I think and will stabilize to a certain price. IMO, bitcoin cash shows some potential to grow again after it has reached another floor price in this current time. Since it is a bitcoin fork, somehow it would have a real world use in the future after all, it's intended functions are not that different from bitcoin, they have just added some feature to it. Soon there will be merchants that will accept it.

[loragean03]

more bitcoin competitors are saying that bitcoin is a bubble but it is not, like what they saying in the others altcoin that is a bubble which is deserve to be. even altcoin pumped and done as well, altcoin is just an altcoin nothing to change on that. bch extremely pumped for just a short period of time but not for long. i cant wait for that massive dump of this coin.

[figmentofmyass]

Any idea if it'll ever get pumped again? It sure looked like a bubble to me.

the highest volume day ever for bcash was that ugly shooting star doji at the very top. that means that it was heavily sold into at the top, so there are lots of new bagholders. even if it were to follow bitcoin's path over the years, that kind of distribution marks the beginning of a bearish phase.

i think roger ver and jihan wu will probably fight the downtrend; their story reminds me of the hunt brothers. in the end, i think, manipulators like them usually lose. but there could be a lot of turbulence between now and then.

[szpalata]

Any idea if it'll ever get pumped again? It sure looked like a bubble to me. I mean, what makes Bitcoin Cash better than bitcoin anyway. I suppose this would happen to Bitcoin Gold.

Well the Bitcoin Gold guys should learn from this after the BCH finally crashes from the bubble bust. I knew it was too artificial to believe but these guys kept talking down original bitcoin in their bid to promote BCH but this current bubble has sent shivers down the spine of many that were fooled to join them and they will return back to bitcoin in no time.

[glider101]

anyone who thinks btc cash is a bubble needs to educate themeelsves of how this works

[squatz1]

We could not even term it as a bubble.It has been pumped high by its supporters to reach such a price.It has lasted for just three days.

Well, it's still a bubble, just a small one with a ton of money in it. I really don't even know how Ver and friends were able to pull this off, this must've taken a lot of planning to try to pull off -- crazily enough it's going to be something that doesn't end up working out and they lose a ton of cash.

But with Vers luck, what is going to happen is that he's going to make people interested in Bitcoin lose a ton of money in BCH and then they're never going to come back here -- so he's slowly killing this for himself, which I guess is what these guys want as they're trying to take over anyway.

[faithupgrade]

Bitcoin cash is new, yup its on its bubble phase, even Bitcoin has surpassed so many bubble phase. I just read that there was a time when Bitcoin was sold for $30 then it went back to $2. After this BCH bubble phase we might see this coin to go even higher.

Is bch a bubble?

If bch is a bubble, has that bubble popped?



For reference, it was not long ago that ethereum was considered a good investment with a massive spike eerily similar to what bch is indicating now.



Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth. Or do they seem more like the types to focus on short term gains to the expense of long term value? I think Satoshi was a creator of longer term value, which is why bitcoin has done as well as it has. As for Roger Ver and whoever is running ethereum now, I would be interested to know what public opinion on them is.  

On a more technical side, should bitcoin cash be worth 1/4th of what it is given it has very limited utility. It isn't supported by retailers. It doesn't many have uses or real world application. There's not much good about bitcoin cash to favor it. There is a chance that bitcoin cash's real world value is $400. Whatever value it appears to have may be an illusion.

[traderethereum]

bitcoin cash might be a bubble because realize or not, bitcoin cash is in the "bitcoin" name. maybe right now, bitcoin cash is down but who knows in future, bitcoin cash can increase again like yesterday so we can make a lot of profit again. if i see the coins which contain "bitcoin" name in the coins, the coins is up and down following the bitcoin price. we can see in bitcoin dark, bitcoin plus and even bitcoin gold in yobit, the price is up and down and i think people is making money from the coins.

[TheCoinGrabber]

Any idea if it'll ever get pumped again? It sure looked like a bubble to me.

the highest volume day ever for bcash was that ugly shooting star doji at the very top. that means that it was heavily sold into at the top, so there are lots of new bagholders. even if it were to follow bitcoin's path over the years, that kind of distribution marks the beginning of a bearish phase.

i think roger ver and jihan wu will probably fight the downtrend; their story reminds me of the hunt brothers. in the end, i think, manipulators like them usually lose. but there could be a lot of turbulence between now and then.

Well, guess I'd just be thankful I didn't  spent money getting into it. Arrive too late to the party and you'd find nothing but scraps.

[allthingsluxury]

We will soon learn which direction these markets are going to move and move in a big way. I've been few more than a few of these massive pull backs.

[Shamie1002]

Honestly I hated forks. I think making alts are very unhealthy. It is for a good purpose but I think the creation of different coins can lead to more crime other than the saturation it causes.
Another thing is that, I think after the big FUD about the dump of BTC many will hate Bcash more.
So, still there is more to wait on Bcash update. If it will be existing still or not.

[949miner]

it is a giant bubble, of course, that bubble is even much more bigger than bitcoin. bitcoin cash went up by more than 150% in a few hours, it was obviously going to crash at anytime.
And now it is below $800 each bitcoin cash, they dropped a lot if you see the charts, it touched $2800 as an all time high, it was a lot of money. Poor of those people who bought those scammycash at $2800, they are now in a huge loss of more than two thousand dollars, lmao.
I bought some of them but i sold them and made some profit from them.

[Solmir]

I see it more like Uranium-232 - it's something that has small amount, and it's desirible by many pepole.
One question: why there was emissed so small amount? It's strange

[jaysabi]

Any idea if it'll ever get pumped again? It sure looked like a bubble to me. I mean, what makes Bitcoin Cash better than bitcoin anyway. I suppose this would happen to Bitcoin Gold.

I'm not certain I would call it "better," but one definite advantage right now is it is far less susceptible to spam attacks than Bitcoin is. At the time BCH was reaching those highs, BTC was being crushed by a spam attack that ballooned the unconfirmed transaction to over 170,000 (which it is still recovering from; currently around 50k unconfirmed) while at the same time losing a ton of mining capacity to BCH.



The point where BCH overtook BTC in hash power corresponds to the BTC's fall to $5000 and BCH's high. BCH, with 8MB blocks can handle a crush like that much better, and makes manipulating the market that much more difficult.

[Theb]

On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.

[vaughn125]

Well, looking at the charts, i really cannot blame anyone calling bitcoincash a bubble. Because the very fast price increases just looks too fishy to me. And maybe that is what other people has seen also. That is why they get a bit too skeptical about bitcoin cash. I respect people who support it but, i ain't gonna be one of them. Ever. I didn't even bother to get my bitcin cash from the fork because i simply do not believe in it. But we'll see..

[Shenzou]

Well, looking at the charts, i really cannot blame anyone calling bitcoincash a bubble. Because the very fast price increases just looks too fishy to me. And maybe that is what other people has seen also. That is why they get a bit too skeptical about bitcoin cash. I respect people who support it but, i ain't gonna be one of them. Ever. I didn't even bother to get my bitcin cash from the fork because i simply do not believe in it. But we'll see..

I think it as simply a strategy just to make people ùine bitcoin cash to secure its netowrk since it had a rough start and no one really cared about it, so they increased the difficulty on the bitcoin and lowered the one on bitcoin cash just to make poeple mine it, and this made some people switch to it, and soon after more have joined in, until it got its price to nearly 2000$, at this point people came to their senses and went back to bitcoin, and left bitcoin cash to go down again.

[player514]

Is bch a bubble?

If bch is a bubble, has that bubble popped?



For reference, it was not long ago that ethereum was considered a good investment with a massive spike eerily similar to what bch is indicating now.



Do the people behind bch and eth seem like individuals whose goal is to create long term value and wealth. Or do they seem more like the types to focus on short term gains to the expense of long term value? I think Satoshi was a creator of longer term value, which is why bitcoin has done as well as it has. As for Roger Ver and whoever is running ethereum now, I would be interested to know what public opinion on them is.  

On a more technical side, should bitcoin cash be worth 1/4th of what it is given it has very limited utility. It isn't supported by retailers. It doesn't many have uses or real world application. There's not much good about bitcoin cash to favor it. There is a chance that bitcoin cash's real world value is $400. Whatever value it appears to have may be an illusion.

I think for now, it's pretty safe to say that the bubble that we were observing after the false bitcoin fork is gone and popped.

https://coinmarketcap.com/currencies/bitcoin-cash/

Price is currently hovering at around 1,100 and the ATH hit around 1900 from what I remember. I assume the reason there's an increase from the initial starting price before the pump is that there are people who put their money into BCH a little too late and are hoping to get a rebound back to something that they can sell at to make a quick profit or break even.

[BartS]

anyone who thinks btc cash is a bubble needs to educate themeelsves of how this works

There is a difference between bitcoin cash being a bubble and the recent price surge being a bubble, in the latter case I do no see how anyone can deny it was a bubble, the huge spike in price and then the drop is indicative of a bubble, but when we talk about the former, even if I believe in the vision of the core devs I think there are some merits in bitcoin cash vision of bitcoin so I think it is going to be a project that is going to exist for a long time.

[lepricoin]

I think this is not a bubble, its sharp growth is due to the speculative actions of large companies, and more people are interested in Bitcoin Cash.

[ololajulo]

I think this is not a bubble, its sharp growth is due to the speculative actions of large companies, and more people are interested in Bitcoin Cash.

Asides the use as payment, what are the other use? Characteristics of a dump is a very sharp drop in price and pump is other way around, this had happen many times with the token.

[BartS]

it is a giant bubble, of course, that bubble is even much more bigger than bitcoin. bitcoin cash went up by more than 150% in a few hours, it was obviously going to crash at anytime.
And now it is below $800 each bitcoin cash, they dropped a lot if you see the charts, it touched $2800 as an all time high, it was a lot of money. Poor of those people who bought those scammycash at $2800, they are now in a huge loss of more than two thousand dollars, lmao.
I bought some of them but i sold them and made some profit from them.

This may seem harsh but I’m not sorry for them, all of those that bought at that price were speculators trying to make a quick profit, they knew very well it was a bubble, they were just caught at the wrong time holding the wrong coin and they deserve every single loss they got, they have no one else to blame but themselves, if they play it safe they will not have those huge losses.

[allthingsluxury]

I don't think it is at all. BCH, like all other cryptos is simply riding the wave higher.

[jaysabi]

On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.

If you don't have a basis what the price should be, you can't be sure it's a bubble. Not having a basis for the price doesn't mean something is a bubble, but it could be a red flag. The fair market value is generally what the market decides is the price for it, and there is currently a lot of support for both the price of Bitcoin and Bitcoin Cash. But fair market value is not the same as inherent value, and I'm not sure that either BTC or BCH has any inherent value. So where there is a huge disparity between inherent value and market value, I would be worried that something arbitrary can crash the price for no reason and without warning.

[Harlot]

On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.

If you don't have a basis what the price should be, you can't be sure it's a bubble. Not having a basis for the price doesn't mean something is a bubble, but it could be a red flag. The fair market value is generally what the market decides is the price for it, and there is currently a lot of support for both the price of Bitcoin and Bitcoin Cash. But fair market value is not the same as inherent value, and I'm not sure that either BTC or BCH has any inherent value. So where there is a huge disparity between inherent value and market value, I would be worried that something arbitrary can crash the price for no reason and without warning.

The fair market value is more than what the market decides, what you are simply telling us is that every time the price moves up and down for Bitcoin or Bitcoin Cash for this matter is that it is their current fair market value which is wrong as a fair market value does not always change rapidly and it is determined by other components which Bitcoin or BCH does not have at all there are not Financial Statements, No market comparison, No Fundamentals it is just pure Demand and Price action.

[Cazemiro]

I'm think that a group of persons is manipulating the market, 30% increase a day is very stranger! But the BCH bubble is bubble! like 99% of altcoins...

[mufettis]

every exchange tools can be bubbled including usd, it depends on the market supply and demands actors, so bitcoin cash is also can be a bubble

[Basmic]

it is a giant bubble, of course, that bubble is even much more bigger than bitcoin. bitcoin cash went up by more than 150% in a few hours, it was obviously going to crash at anytime.
And now it is below $800 each bitcoin cash, they dropped a lot if you see the charts, it touched $2800 as an all time high, it was a lot of money. Poor of those people who bought those scammycash at $2800, they are now in a huge loss of more than two thousand dollars, lmao.
I bought some of them but i sold them and made some profit from them.

This may seem harsh but I’m not sorry for them, all of those that bought at that price were speculators trying to make a quick profit, they knew very well it was a bubble, they were just caught at the wrong time holding the wrong coin and they deserve every single loss they got, they have no one else to blame but themselves, if they play it safe they will not have those huge losses.

The fact that bitcoin cash was bubble, it was clear from the beginning. Those who bought this coin and have lost their money and killed by greed. I feel sorry for them. On the other hand now they will be more resilient to such events and perhaps in the future will not lose their money. Maybe you lost $ 2000 but saved $ 5,000 in the future.

[ThunderCatSteve]

I don't know why people panic whenever a coin gains price increase or momentum and call it a bubble as if we didn't hold the coin in expectation if this increase and value. I sincerely don't think BCH is a bubble. It's the failure of bitcoin to fix its transaction backlog and fees that gave rise to bch spike. Many btc lovers switched. And if that failure isn't fixed the increase is likely to continue.

I think many people who are gamers and play such a game that ordinary person do not understand. Bitcoin cash is not good than bitcoin because bitcoin is a good investment and one can make a huge amount of money if he holds his bitcoin and do not sell them without any need. The price is growing and in the near future and it will be out of reach of low income people because of the high price.

[okala]

Bitcoin Cash is not a bubble. The force of demand and supplied is what is influenced it price. The developers are doing good job and that is why many traders and investors are patronise it.  I think bitcoin Cash will hit it all time high before end of this week. I have been following it price action since August and I think this coin is good and investing in it is the right thing to do now.

[Sanu Simon]

When growth takes place at some unexpected time period people term it to be a bubble. Same took place with bitcoin too. Few weeks back when the price of bitcoin suddenly went low to $6000, it is expected to crash and when the same suddenly grew people ended stating it a bubble.

[Bigmacduck]

On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.

I agree. It is hard to determine a fair market value. At this point with rather limited use of crypto, one can only estimate the fair value of banks and other financial institutions that crypto can destroy. Think about the market cap of banks today and the future marketcap of the same banks if bitcoin or any other group of cryptos take over 10% of the global financial transactions and store of wealth.

This to be destroyed financial services market cap might be the base for the valuation of crypto.

[lordquanta]

Honestly I hated forks. I think making alts are very unhealthy. It is for a good purpose but I think the creation of different coins can lead to more crime other than the saturation it causes.
Another thing is that, I think after the big FUD about the dump of BTC many will hate Bcash more.
So, still there is more to wait on Bcash update. If it will be existing still or not.

Irrespective of whether it is bubble or not, many investors don't bother about the underline coin. As happens with many successful thing bitcoin has cult following now. People who thinks invest only in bitcoin. Sure, bitcoin has proved itself from time to time that it is numero uno when it comes to the returning great profit on investments. However nowadays that many people find investing in bitcoin as missed train Or sour grapes. For someone who don't have enough decent money to invest in bitcoin, other alternative currencies are the only option.
Coming back to the bitcoin cash, recent pump in the price was observed as efforts from the korean market. you could find the details from googling it as well. Recently out of sudden bitcoin gold is also finding more interested buyer or investors. Why these are still affordables. Ethereum and bitcoin cash were almost at same rate few weeks ago. And they were there like months. Suddenly bitcoin cash went from 300 dollars club to 100 dollar to 1600 dollars club. Bitcoin gold is also following same but that boat lacks wind at this moment.

  Point here is are you devotee of bitcoin or are you here in cryptoworld for making profit? If you are here for profit then seize any opportunities when it is there. For devotees, they will stay with bitcoin  and that will cause no harm to them. Its individuals choice. If someone sees more confidence in bitcoin getting stronger will invest in bitcoin.

[BaraxLo]

On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.

I agree. It is hard to determine a fair market value. At this point with rather limited use of crypto, one can only estimate the fair value of banks and other financial institutions that crypto can destroy. Think about the market cap of banks today and the future marketcap of the same banks if bitcoin or any other group of cryptos take over 10% of the global financial transactions and store of wealth.

This to be destroyed financial services market cap might be the base for the valuation of crypto.

This is going to happen very soon. Crypto currencies are going to take over the world and the banks will definitely demolish away.

Well there is a chance that banks will start accepting Bitcoin and altcoins which is already happened in few parts of the world and that way I think everything will remain the same and we will just have money in digital form. Anyways one thing is certain that Bitcoin is not bubble and it is not going to die.

[Mallyx]

Bitcoin Cash is not a bubble. The force of demand and supplied is what is influenced it price. The developers are doing good job and that is why many traders and investors are patronise it.  I think bitcoin Cash will hit it all time high before end of this week. I have been following it price action since August and I think this coin is good and investing in it is the right thing to do now.

Sorry, but Roger placing a 10k BTC buy wall is only the reflection of an artificial price.

[mOgliE]

The question here implies first to define what a "bubble" is.

I assume, when we are talking about economic bubble, we are talking about things (banking products, buildings, tulips, etc) that are becoming more and more valuable, until a breaking point. At this moment, the price given to such things is not anymore in lne with its actual value. Thus, a problem appears in the relationship demand/offer.

However, with classic economic bubbles, the things are tangible. It is actually possible to take them back. The value given is determined by real actors.

For the bitcoin, though, there is an inherent value that is determined by a line of code. So can it burst?

I truly don't know the answer to such question!

[gabmen]

Bitcoin Cash is not a bubble. The force of demand and supplied is what is influenced it price. The developers are doing good job and that is why many traders and investors are patronise it.  I think bitcoin Cash will hit it all time high before end of this week. I have been following it price action since August and I think this coin is good and investing in it is the right thing to do now.

Sorry, but Roger placing a 10k BTC buy wall is only the reflection of an artificial price.

Lol. The bubble already popped and it started a very strong btc run up to yesterday. Roger ver may very well be keeping all his btcs and issued a statement about bch so bitcoin may dip and he can add more to his crazy amount of btc already

[richmcrich]

On an economical point of view Bitcoin Cash is a bubble and so as Bitcoin, a bubble is defined to being an overpriced asset in which it is far away from its real value. The problem with Bitcoin or BCH in this matter is that we don't really know what is the real fair market value for it as we are the only once who are determining the price of Bitcoin. The price of them is so played out that their is no stable price for them. That is why not all people are buying Bitcoin because it is hard to set a foot on.

I agree. It is hard to determine a fair market value. At this point with rather limited use of crypto, one can only estimate the fair value of banks and other financial institutions that crypto can destroy. Think about the market cap of banks today and the future marketcap of the same banks if bitcoin or any other group of cryptos take over 10% of the global financial transactions and store of wealth.

This to be destroyed financial services market cap might be the base for the valuation of crypto.

This is going to happen very soon. Crypto currencies are going to take over the world and the banks will definitely demolish away.

Well there is a chance that banks will start accepting Bitcoin and altcoins which is already happened in few parts of the world and that way I think everything will remain the same and we will just have money in digital form. Anyways one thing is certain that Bitcoin is not bubble and it is not going to die.

Hmmm, seems like you need someone to wake you from your dream. Man, this is a digital asset we are into, not a Currency or something that was made destroy banks and act as a replacement. Bitcoin was made to show the world a different side of investment, which I believe most people accept by.

By the way, Bitcoin Cash or not, I believe it is the same thing with bitcoin. They can all be a bubble, by the way, that’s how they act. You don’t expect a bubble to permanent, it must surely bust at one time.

[cluend]

BCH is real altcoin and have good support team and best altcoins for bitcoin.

price will make BCH keep it is first place and make it away to be bubble

[adam1230]

Some people are planning some huge thinks about bitcoin cash. So there will be some more speculations on bitcoin price and will be a very valotile cause of authority inside bitcoin cash network.
They will suddenly start to sell or start to buy with their big .ssses 

[Mark Promo]

I agree that bitcoin is not backed by material values. but I do not see this as a big problem. There are many assets that are not backed by gold or the economy of the whole country.

[Lieldoryn]

I agree that bitcoin is not backed by material values. but I do not see this as a big problem. There are many assets that are not backed by gold or the economy of the whole country.

Who said that bitcoin is not backed by material values? Along with bitcoin is increasing in the stock price of companies that produce computer components. This is the material reinforcement of bitcoin. Those who buy goods with bitcoins, they also stimulate production. Capitalization of bitcoin has a complex structure, but the bulk of capital invested in bitcoin is speculative.

[cryptojac17]

Some people are planning some huge thinks about bitcoin cash. So there will be some more speculations on bitcoin price and will be a very valotile cause of authority inside bitcoin cash network.
They will suddenly start to sell or start to buy with their big .ssses 

Because of the name itself many would think this is interrelated to Bitcoin, because of bitcoin reputation,it suddenly pump the value, people would speculate that it has the same team working BTC were able make BTC price sky rocketing, because investors will always look for foundation and the team working in a certain ICO, if you bring the name of Bitcoin in a campaign or any form of advertisement it would certainly catch the attention of the investors.

[pridequail]

To be clear, bitcoin is far from the bubble you are referring to. Bitcoin cash  will certainly gain its growth anytime soon and many are actually waiting what's going to happen next.

[jaysabi]

it is a giant bubble, of course, that bubble is even much more bigger than bitcoin. bitcoin cash went up by more than 150% in a few hours, it was obviously going to crash at anytime.
And now it is below $800 each bitcoin cash, they dropped a lot if you see the charts, it touched $2800 as an all time high, it was a lot of money. Poor of those people who bought those scammycash at $2800, they are now in a huge loss of more than two thousand dollars, lmao.
I bought some of them but i sold them and made some profit from them.

This may seem harsh but I’m not sorry for them, all of those that bought at that price were speculators trying to make a quick profit, they knew very well it was a bubble, they were just caught at the wrong time holding the wrong coin and they deserve every single loss they got, they have no one else to blame but themselves, if they play it safe they will not have those huge losses.

The fact that bitcoin cash was bubble, it was clear from the beginning. Those who bought this coin and have lost their money and killed by greed. I feel sorry for them. On the other hand now they will be more resilient to such events and perhaps in the future will not lose their money. Maybe you lost $ 2000 but saved $ 5,000 in the future.

Bitcoin Cash has spent more time going up than down, just like Bitcoin, so while there may be people who are currently down on their investment, there are probably many more who are up on it. In this, it is no different than Bitcoin. There's a tendency for people to take wide, sweeping generalizations based on a particular moment in time. That's not wise for any number of obvious reasons, but it is even more of an obvious folly in crypto, where things tend to move in a much more volatile fashion. Any momentary generalization can quickly be outdated and proven wrong, like the person up in this thread saying that people who bought in at $800 have lost money and probably learned their lesson. Well, if they held, they're sitting on a clean double from that point, so perhaps the only lesson to be learned is patience.