tharindukw96
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December 16, 2017, 01:54:52 PM |
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There are many observations and assumptions being made about the spike in bitcoin cash price and what are its main driving forces. While those who are new to the play, there are many and a lot of it involves ‘kingpins' with moving funds and coins around to fluctuate the newly formed low-trade volume altcoins (which technically bitcoin cash is an altcoin).As we see the history of Bitcoin Cash unfold from August 1 to mid-November 2017, we can see how many of the ‘whales' of bitcoin (large holders of bitcoin – usually a few hundred coins) sold off their BCH and exchanged it for more BTC. Now depending on the margins and numbers you trade at vs what amount of 1:1 ratio exchange you had prior to August 1, this can be a dramatic tool and mechanism for moving the needle on the price of bitcoin cash.As longtime bitcoin holders buy up everyone pawning off their bitcoin cash for ‘free money', it drove the price of BCH to low $300 and set there for months. Then, we see it hit another tier to hover around $600 and then decided to 2-3x itself in a matter of hours/a day. We can expect this kind of extreme manipulation to begin to become more frequent but should be a great way to continue learning about how the world's money system is being shaken.
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boranes
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December 16, 2017, 01:59:49 PM |
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In my opinion it is possible. BTC is already at 18000 and it's alive for more than 7 years. BCH is is around $2000 and only half a year...
Only reason why bitcoincash is $2000 is - bitcoins is $18000. If bitcoin grow more so will bch and if bitcoin crash so will bch and all other altcoins will follow. BCH is another forked shitcoin and will never beat bitcoin.
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WhaleSlayer
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December 16, 2017, 02:02:52 PM |
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There is no way this is going to happen. Even though some rich miners like to believe it will.
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PandaMiner
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December 16, 2017, 02:06:53 PM |
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I moving to mine bitcoin cash and I think bitcoin cash is better than bitcoin. people just buy bitcoin because they dont understand bitcoin cash. if they have more view about each coin they will invest into bitcoin cash
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prehisto
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December 16, 2017, 02:13:22 PM |
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No. I believe that it cant beat it but on the other hand i am certain that it will see significant growth next year because BTC has growing problems in context of every day usability.
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1020kingz
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December 16, 2017, 02:21:57 PM |
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Though bitcoin price go down but it wont sink down that much none of the many altcoins now that has the value to beat bitcoin in its present price in the marketcap. You can see bitcoin is unstoppable, and hard to defeat by other altcoin, so far as I see the market.
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paparadis
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December 16, 2017, 02:23:10 PM |
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It will not, never!
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CryptoScorpio
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December 16, 2017, 02:27:39 PM |
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BCH may be good and has forked bitcoin for better uses but it will not replace bitcoin.
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mung_nasib
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December 16, 2017, 02:44:42 PM |
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So we see that something like a real fight between Bitcoin and Bitcoin cash has started. While BTC fell and go on falling, Bitcoin Cash has shown a fantastic growth! Does it mean that there is a possibility altcoin will be the winner?
If for altcoin may not be able to replace bitcoin at any time Because btc has so many enthusiasts that they can take advantage of it as a long-term or short-term investment with a selling price that often increased significantly compared to other altcoin.
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Fahim
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December 16, 2017, 02:51:40 PM |
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I always treated Cash skeptically. However, now more and more companies support payments in CASH. Did you see the price for transactions in Bincoin? It's just a minimum of 20-40 bucks. This is not realistic. It may well be that bitcoin will remain the standard, and the cash will carry out all transactions, quickly and cheaply.
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Wickedwitch28
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December 16, 2017, 03:09:36 PM |
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Theres no need to question this. Its very obvious. Bitcoin always win. Its like the God of cryptcurrncies. Without bitcoin, no other altcoin would have existed. Bitcoin cash can tell the wold its better but we all know for sure that BTC wll still win in the end.
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skinder
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December 16, 2017, 03:14:28 PM |
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Bitcoin is the father of all coins, so I think for at least 2-3 years from now it will be on the top
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drm
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December 16, 2017, 03:23:02 PM |
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What's bitcoin cash? Aren't we calling it bcash? The day bcash will take over bitcoin...will be the day I quit bitcoin.
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cryptomorphines
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December 16, 2017, 03:23:18 PM |
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No it will never happen BCash founder is a trash person,you can have this ideology a genius person has a son will the son be like his dad?maybe but he might not if he will not learn from his dad.
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ankit05
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December 16, 2017, 03:30:56 PM |
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Bicoin is king all cryptocurrency. bitcoin cash looks good and growing very fast It can not beat Bitcoin and could eventually grow t a faster rate than bitcoin, just look at the current market, bch back slumped by alomst a few per cent.
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ZaoXhou
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December 16, 2017, 03:41:03 PM |
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Roger ver is probably throwing large amounts of money into this bcash pit to keep it slightly relevant. Bitcoin price soaring is bcash and roger ver's biggest nightmare
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NeonXL
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OPEN GAMING PLATFORM
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December 16, 2017, 03:46:04 PM |
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BCash is only ALTCOIN, not MAIN-CHAIN, one of many! Bad guys pumped BCH bubble ((the main trade is in Korea, nice fact, yeah). BCash is attack, scam
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Vicrey
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December 16, 2017, 04:15:43 PM |
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no one can replace the bitcoin it still the mother of all crypto currency, and i guess no altcoin can replace on it, theres a lot of segwit happen to replace bitcoin but no one defeat on it, and all altcoin is basing on the bitcoin if the bitcoin pump the altcoin dump, altcoin and bitcoin will never be in the same league in terms of pumping
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Gurjar King
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December 16, 2017, 04:31:10 PM |
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hello good question. but i don't think so Bitcoin Cash beat BTC .btc is very strong no one beat btc. Bitcoin Cash is also good coin and it's growth is high but Bitcoin is the father of all coins.. BTC is BTC..
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BCEmporium
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December 20, 2017, 11:23:35 PM |
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What's bitcoin cash? Aren't we calling it bcash? The day bcash will take over bitcoin...will be the day I quit bitcoin. I thought it was called BCash? What are you talking about?
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