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Author Topic: Wow, what's happenning to the price of bitcoin cash right now?  (Read 229 times)
nothreat (OP)
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December 18, 2017, 03:02:53 PM
 #1

Wow, what's happenning to the price of bitcoin cash right now?
It's just shot up to $2,200.
VitKoyn
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December 18, 2017, 04:01:28 PM
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Wow, what's happenning to the price of bitcoin cash right now?
It's just shot up to $2,200.
It is probably another pump and dump scheme by big investors or another attempt to replace the original Bitcoin, and what I found in an article that this co-founder of the website bitcoin.com Emil Oldenburg said that he sold all his Bitcoin to buy more Bitcoin Cash because the fee is too high and he wants investors to do the same (spreading another FUD lol), I don't know if it's true and how much Bitcoin he has but if he holds big amount of Bitcoin maybe it is also the reason why Bitcoin price drops a bit now, but surely it won't last long and BCH will fall back soon. Check this out http://nordic.businessinsider.com/the-swedish-founder-of-bitcoin.com-one-of-the-largest-sites-in-the-industry-has-sold-all-his-bitcoins-because-its-as-good-as-useless--/
nothreat (OP)
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December 18, 2017, 07:45:30 PM
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Could be. Though must admit I am doing kind of the same thing only on a much, much smaller scale.
Agree, BTC tx fees are ridiculous nowadays so if your doing a lot of transactions you might as well make use of BCH then settle your position in BTC. Also, there are days when even though BTC is so high, it is sometimes more plofitable mining BCH as the difficulty has remained fairly stable.
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December 18, 2017, 08:05:27 PM
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Could be. Though must admit I am doing kind of the same thing only on a much, much smaller scale.
Agree, BTC tx fees are ridiculous nowadays so if your doing a lot of transactions you might as well make use of BCH then settle your position in BTC. Also, there are days when even though BTC is so high, it is sometimes more plofitable mining BCH as the difficulty has remained fairly stable.


Already it is on work from in next hard fork time bro. Even the block size will be increased at the time. Then you can find the bitcoin transaction half of the time lower than what you are seeing now.
Since some of the wallet can be modified the bitcoin transaction fees to some how.

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Stayn
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December 18, 2017, 08:56:04 PM
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This is strange. There were now news recently regarding Bitcoin Cash and no new news are expected in the coming days. Should be something with Coinbase listing.
ahmadakbari
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December 18, 2017, 09:01:58 PM
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Bitcoin Cash price is rising like other altcoins and nothing especial has happened.

24 hours change at time of posting:

Qtum: +67%
NEM: +15%
Electroneum: +40%
Golem: 13%
IOTA: 10%
Lisk: 25%

There are so many other examples.
 

 
 
 
pr3m0nition
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December 18, 2017, 09:51:44 PM
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I would imagine people are anticipating the release of  bitcoin cash on coinbase come the 1st of january. If coinbase is going through the effort to allow there to be a wallet for bch on their site, Why not just enable it for fiat trading. Then it should explode.

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nothreat (OP)
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December 19, 2017, 09:01:32 AM
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I would imagine people are anticipating the release of  bitcoin cash on coinbase come the 1st of january. If coinbase is going through the effort to allow there to be a wallet for bch on their site, Why not just enable it for fiat trading. Then it should explode.

Excellent point.
Ranyar
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December 19, 2017, 09:08:12 AM
 #9

Most likely it's just another local pump.
Ask yourself - what is the real value behind this coin? What news is there today? What is the future of this coin? It is possible that this is nothing more than speculation, like 90% of other coins.
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December 21, 2017, 07:14:31 PM
 #10

Wow, what's happenning to the price of bitcoin cash right now?
It's just shot up to $2,200.


Personally, I do not see any prospects for this coin in the future and I think that the increase in prices is simply speculation. BTC is the main coin and it will always have demand as opposed to copies.
rezius
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December 21, 2017, 07:24:03 PM
 #11

Bitcoin Cash was always gonna get a huge pump on Coinbase. Any new coin on Coinbase will pump like crazy. Most rookie investors don't wanna touch anything but Coinbase. So when they see a new coin they are like "Oh wow shiny new coin!".

Bitcoin Cash is a garbage coin and will eventually see a price correction.
aliman00
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December 21, 2017, 07:27:49 PM
 #12

Bitcoin Cash was always gonna get a huge pump on Coinbase. Any new coin on Coinbase will pump like crazy. Most rookie investors don't wanna touch anything but Coinbase. So when they see a new coin they are like "Oh wow shiny new coin!".

Bitcoin Cash is a garbage coin and will eventually see a price correction.

Couldn't agree more... I went yesterday and bought in on Bitcoin Cash, not much but enough... And I had it for like 1 hour maybe... I needed to sell it straight away... I was feeling really uneasy having it there, knowing that it's all pump and dump. No thank you, I would rather pay high bitcoin fees then be someones puppy.

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December 21, 2017, 07:34:27 PM
 #13

Wow, what's happenning to the price of bitcoin cash right now?
It's just shot up to $2,200.


Personally, I do not see any prospects for this coin in the future and I think that the increase in prices is simply speculation. BTC is the main coin and it will always have demand as opposed to copies.

I personally feel for those betting big on this coin, when this pop I don't know what will be left of the coin, Roger seems to be playing to gallery here, he thinks he can rewrite history


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