whisee (OP)
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November 17, 2017, 03:42:52 PM |
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why BCH price down fast after break many numbers why it rise again after back to 800$
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rayk
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November 17, 2017, 05:02:49 PM |
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It should be relaxed some time, give it some time young bull don't be rush. Unlike most people I think it is very good coin and it will go up more in the following months.
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Quarknet
Newbie
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November 17, 2017, 05:34:26 PM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ It has risen too fast. I think it will consolidate at the current level for a few weeks.
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kryptqnick
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November 17, 2017, 08:50:05 PM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ It has risen too fast. I think it will consolidate at the current level for a few weeks. Exactly. There was just no way of bch rising so much and staying with the price it achieved. I don't think the coin is good but there are many people who are pretty confident about it and that's enough for bch to be on its high position and probably even rise a lot once in a while. If you (op) bought the coins on high prices - I guess it's too bad, because we are not likely to see such price changes with bitcoin cash in the near future. I suggest you to concentrate on other coins on the market.
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thompshma
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November 17, 2017, 09:39:12 PM |
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Because it was an unsuccessful pump to gain power. It has more room to drop.
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xypos
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November 17, 2017, 09:43:41 PM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ It was a bubble. Every single bubble will pop eventually one way or another. With BCH it rose by 150-200% in one day, something that is definitely not going to be a sustainable level for the long term. So the dump essentially took the price down to around the starting level. Now that it is significantly cheaper than when it was at its ATH, if you believe in BCH's future you could buy at a much better rate. But for me, i don't believe in BCH. So it's up to you.
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randythered
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November 17, 2017, 09:47:34 PM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ It is just part of a common trend, something pumps too quick and inevitably crashes back down afterwards, try not to think of it in terms of crashing from 2.5k to 1k and instead consider it was only 400 usd a matter of days ago.
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Egenen
Member
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Activity: 268
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November 17, 2017, 10:01:36 PM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ I think that Roger Ver is pumping the coin himself so he could sucker people into purchasing the coins that he has on his buy/sell orders.
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bitcoinmuseum
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November 17, 2017, 10:41:39 PM |
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Bitcoincash is indeed very unclear, It rises and falls very fast. i think bitcoincash will not survive in the future
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hosseinimr93
Legendary
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November 17, 2017, 10:49:42 PM |
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Generally Bitcoin Cash price is falling and some rises like what you mentioned are normal in all the cryptocurrecies as prices are always fluctuating.
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aeternus
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November 18, 2017, 04:11:37 AM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ The real question is why you thought that the price was going to be maintained for a long time, anyone that watched the high price that BCH reached knew that price could not be maintained I hope you did not invested when BCH reached its peak because you are going to need to hold for a long time if that was the case.
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:wq
Copper Member
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November 18, 2017, 04:21:13 AM |
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I feel with how much has already happened between BTC and BCH, its evident that BCH is here to stay, and will be a a valuable crypto in the time to come. Its highly unlikely though that it will ever dethrone the powerhouse BTC has become.
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V1saya
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November 18, 2017, 04:33:49 AM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ The fall of Bitcoin Cash was not as hard as hitting as low as $800. It was a great fall just the same because it went down quickly and lost as high as $1,000 plus but it remained to be in the $1,000 level. As of the moment, Bitcoin Cash is still beyond the $1,000 mark. To be exact, the coinmarketcap statistics indicates that Bitcoin Cash is priced at $1,200 right now but in terms of volume, it is still second to Bitcoin. However, the big fall was like an indication that the pump was caused by a few people.
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Rajamuda
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November 18, 2017, 05:15:44 AM |
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why BCH price down fast after break many numbers why it rise again after back to 800$ I think that although BCH often has a down fast, it doesn't mean BCH is weak and can't moving greener back thereafter.. on its price movement. BCH is clearly supported by certain parties, and certainly many investors are also interested on investing in it, it could be the reason BCH has such a price movement.
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Indrawan77
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November 18, 2017, 05:29:19 AM |
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I think bch rising is just another pump event, but I do realize that there are some people supporting bch, that is why the price could go up, but there are not too many support that's why the price go down very fast, but bch is an interesting coin, some people think it has a good future some people think it as shitcoun, the price is really unpredictable
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sandy14350
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November 18, 2017, 05:34:58 AM |
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bch is such a shit coin, only pump and dump coin controlled by few mining groups of korea and china... it just had a bigger block size thats it... it does not have any true potentiality to outrace the king of crypto currency called bitcoin.... hope u understand what i am saying guys.... there are many people out there... poor guys lost so much money in the recent days pump and dump scheme
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EthereumBoy
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November 18, 2017, 08:20:07 AM |
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Bch price is down because it is scam and nowone is going to buy it. Dont try to become rich just buying altcoins and hope that they will raise you waste your time. Just try to find something else where you can make money.
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leea-1334
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November 18, 2017, 08:37:33 AM |
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Exactly. There was just no way of bch rising so much and staying with the price it achieved. I don't think the coin is good but there are many people who are pretty confident about it and that's enough for bch to be on its high position and probably even rise a lot once in a while. If you (op) bought the coins on high prices - I guess it's too bad, because we are not likely to see such price changes with bitcoin cash in the near future. I suggest you to concentrate on other coins on the market.
I do not think this coin is good either. In fact, I am certain almost everyone who traded BCH did not think the coin is good, but they knew the price boom was happening so got into it for that. I think even secretly the people who supported BCH will always be jealous of the things bitcoin has and bitcoin cash pretends to have. In the end, we all see through their illussions. They even see through it. Nobody is fooled. The pump above $1000 was pure speculation, pure pump. It will happen again.
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BitcoinHodler
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November 18, 2017, 11:48:58 AM |
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Bch price is down because it is scam and nowone is going to buy it. Dont try to become rich just buying altcoins and hope that they will raise you waste your time. Just try to find something else where you can make money.
there is no place else better than altcoin market to make a lot of money! the manipulations and pump and dumps are the biggest profit that anyone can hope for. the trick is knowing which coin is rising when and by knowing that you position yourself in early stages of the rise and make the biggest amount of profit while others still chase their own tails trying to figure out why things are happening!
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Holding Bitcoin More Every Day
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Spenjoyere3
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November 18, 2017, 11:53:29 AM Last edit: June 25, 2020, 05:21:14 PM by Spenjoyere3 |
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Because increase of price was unstable may be bubble to make many people invest in it days will give us more clear answers. The closest description of BCH is the bubble that may explode at any moment. if I am a bold investor, I can describe to you that it is the best investment at all. As for the novice investors, they are investment missteps at all because prices can explode at any moment.
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