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Author Topic: BCH price  (Read 792 times)
badykvik
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June 20, 2018, 10:16:35 AM
 #41

I think the some of the reason for this up and down fluctuation in the price of BCH is due to the rate of buy and selling, if the rate at which people buy BCH is very high, it may influence the price and then it will rise but if the rate at which people sell due to panic is high, it will also affect the price and then it falls but generally, almost all altcoin price is down now due to the fall in price of bitcoin because it controls the price of other coin.
oegarod
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June 20, 2018, 10:38:27 AM
 #42

Recently bitcoin cash showed signs of growth when bitcoin as well other digital currencies were declining in value. This caused people focus towards bitcoin cash for trading and other invest requirements. When bitcoin cash got split from the main chain it was speculated that it won't grow big. Later this grew gradually and now it is showing almost same form of growth as bitcoin and ethereum which are above the bitcoin cash in terms of market.
Red-Apple
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June 20, 2018, 10:41:13 AM
 #43

The price of most crypto are controlled by bitcoin, the more it rises, the more altcoin rise and vice versa and presently the price of almost all coin in crypto are down. I believe if the price of bitcoin rise, the price of bch will also increase.

it is all about money flow. the money is always flowing in bitcoin, nowhere else. it may temporarily go somewhere else like in altcoins but even when it goes there it is doing it so that traders can have more bitcoin in their pockets.
this is why altcoins move like this, when bitcoin is rising they all dump their altcoins to go back to bitcoin to benefit  from that rise. they also dump their altcoins so that they have money to buy bitcoin when it drops that is why altcoins get dumped like this.

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Bitcoin_Makers
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June 29, 2018, 10:02:52 PM
 #44

I think that Bitcoin Cash does not have a big future in the long term, now the price for it is declining as demand for it falls. But the cryptocurrency market is not predictable, so we will observe.
ukloon
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June 29, 2018, 10:09:31 PM
 #45

I think that Bitcoin Cash does not have a big future in the long term, now the price for it is declining as demand for it falls. But the cryptocurrency market is not predictable, so we will observe.

I agree with this, it doesn't offer anything more than other coins. Just a difference in transaction speed and price otherwise nothing special. Only real benefit is that it is listed on coinbase otherwise it's nothing more than a copy coin.

rajapatr1
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June 29, 2018, 10:40:11 PM
 #46

bitcoin cash has always been a shit coin and we all know that, you do not need to be a genious to understand that it has been a pump & dump coin
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June 29, 2018, 10:42:37 PM
 #47

I think that Bitcoin Cash does not have a big future in the long term
Wait until someone who's a bitcoin cash holder comes to defend this and I also agree that this doesn't have a future.
It claims to be the "bitcoin" in the crypto market and probably fooled many new crypto investors and with that desperate move it only means that it shouldn't be trusted.

now the price for it is declining as demand for it falls. But the cryptocurrency market is not predictable, so we will observe.
Lucky those people who sold more than $4k+ - $2k+ when it started to fall. When bitcoin falls, bitcoin cash falls so I'd rather invest to bitcoin instead of this.

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