BCH Is Trading at $8500 on GDAX

[Solrider13]

WTF

https://cryptowat.ch/gdax/bchusd/1m

[alani123]

Truly WTF. Perhaps traders are jumping in without having any idea of what it is all about. I think that it went kind of unannounced that the coin would be entered and then all of a sudden an email from GDAX was sent to all users with the news.

There are huge buy walls too! Other exchanges have huge gaps for arbitrage at this moment.

[dagon666]

Blame "Mr Bitcoin.com" for that.  What a great trick to line one's own pocket , Buy 100 million in BCH, start a media frenzy, then multiply your investment by 300-400% , then buy back into BTC at a massive discount.. What a whale of a good time huh?

[Solrider13]

With a 250 coin buy order holding it up....

[Solrider13]

Well i'll be dam, i checked my coin base account " unfortunately i didn't have much bitcoin with them " but they even credited the BCH to my account for what little I had in BTC... its only like $2.80 but everybody that was holding BCT at the time of the fork just got their money. 

[thecodebear]

That moment when you sell all your BCH for $4100 and then a minute later it hits $9000....so many conflicting emotions right now!

[Solrider13]

If there is a flipping between BCT and BCH, i'm going to speculate it will be around the $12,200 range.

[micman]

That moment when you sell all your BCH for $4100 and then a minute later it hits $9000....so many conflicting emotions right now!

My exact situation  
Happy with my profit but it could have been double had i waited a few minutes

[lobo13hf]

That moment when you sell all your BCH for $4100 and then a minute later it hits $9000....so many conflicting emotions right now!

It's only in the gdax exchange, This to answer how the coinbase added bch api. But i think that the price will decrease a lot. It looks gdax still not open the bitcoin cash deposit from outside. So the hype of the bitcoin cash only in the gdax exchange site. and to sell your bitcoin cash in gdax should become the best thing right now.

[Solrider13]

That moment when you sell all your BCH for $4100 and then a minute later it hits $9000....so many conflicting emotions right now!

It's only in the gdax exchange, This to answer how the coinbase added bch api. But i think that the price will decrease a lot. It looks gdax still not open the bitcoin cash deposit from outside. So the hype of the bitcoin cash only in the gdax exchange site. and to sell your bitcoin cash in gdax should become the best thing right now.

An exchange that brings in most of the new money to Crypto! I'd say there is a lot of upside potential in the next few weeks.

[jzale]

Great play by one of the founders of bitcoin.com, caused a wild pump on BCH and i think he will get back to BTC once he made some really big profit (which is expected). About that price on GDAX, it will just be temporary though it really stirred the minds of lots of people with this sudden boom.

[Solrider13]

Great play by one of the founders of bitcoin.com, caused a wild pump on BCH and i think he will get back to BTC once he made some really big profit (which is expected). About that price on GDAX, it will just be temporary though it really stirred the minds of lots of people with this sudden boom.

Founder of bitcoin.com ? What do they have to do with being added to coinbase? Coinbase is how i got the majority of my money into crypto and is what i use for P2P transactions with crypto.

PS. I need coinbase to add Dash for my P2P transactions and i think they will.

[Creasian]

bch is still slow

[Awan Awan]

That moment when you sell all your BCH for $4100 and then a minute later it hits $9000....so many conflicting emotions right now!

It's only in the gdax exchange, This to answer how the coinbase added bch api. But i think that the price will decrease a lot. It looks gdax still not open the bitcoin cash deposit from outside. So the hype of the bitcoin cash only in the gdax exchange site. and to sell your bitcoin cash in gdax should become the best thing right now.

Waow.. it is amazing move from bch. I dont really imagine that price will be hitted by bch.
So if they dont accept bitcoin deposit, so we can not do arbitrage.

[Dragonrage201]

This price probably was a trading mistake that won't last at all.  When GDAX opens trading
again tomorrow, reality will prevail.

[Travis726]

Thats what I thought, but in the charts it said something like "medium price" or something, and if you actually went to buy, buying was disabled.

[jjdub7]

WTF

https://cryptowat.ch/gdax/bchusd/1m

This is the new old BCH->BTC attack. Just a little different from the one we've already watched a month ago. I guess some people will panic and sell, another will buy cheap and in a week BCH will be dumped again to 0.1BTC