Previous 7 Days: Bitcoin +14.62% Bitcoin Cash +98.16%

[JollyGood]

Current price:

Bitcoin: $9,271.27   

Bitcoin Cash: $1,533.55   

Effectively anybody who invested in Bitcoin Cash around a week ago would have doubled their investment but they would have had a ROI of 14% for Bitcoin.

Now there is a big surprise. I always link Bitcoin Cash with whales and crypto-exchanges that wanted to destroy Bitcoin so have no interest in buying Bitcoin Cash as I do not agree with the way it was created and I do not agree with the whales behind it but right now the question is what is pushing people towards investing in BCH?

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[Zeddyn]

Lots of factors that encourage investing in bitcoin cash, one of which is still having a price opportunity that is more than doubled in bitcoin and can be profitable higher than bitcoin.

[JollyGood]

Lots of factors that encourage investing in bitcoin cash, one of which is still having a price opportunity that is more than doubled in bitcoin and can be profitable higher than bitcoin.

Sorry I could not understand your point.

Is the main factor the low price of Bitcoin Cash compared to Bitcoin?

[European Central Bank]

the pump is mainly because of the upcoming 32mb bcash hard fork.

it's possible this is because people believe they're gonna get free coins on the old chain when this is an upgrade fork with the old chain being abandoned. i'll be amazed if anyone bothers to mine the old chain so those airdrop coins will be worthless.

it could also be general excitement about a new development which always inspires some movement. the fork is 3 weeks away. i don't see how this pump can sustain itself until then.

and most whales don't care what coin they're in. they're only out for profit and it doesn't matter which coin delivers it.

[javadsalehi]

Bitcoin cash price is always heavily manipulated by whales. It has happened several times. Remember the time bitcoin cash raised to 0.32 bitcoin with no reason. Some people expected it to replace bitcoin. What happened next? Whales cashed out their profit and bitcoin cash price dropped.

[JollyGood]

the pump is mainly because of the upcoming 32mb bcash hard fork.

it's possible this is because people believe they're gonna get free coins on the old chain when this is an upgrade fork with the old chain being abandoned. i'll be amazed if anyone bothers to mine the old chain so those airdrop coins will be worthless.

it could also be general excitement about a new development which always inspires some movement. the fork is 3 weeks away. i don't see how this pump can sustain itself until then.

and most whales don't care what coin they're in. they're only out for profit and it doesn't matter which coin delivers it.

Yes many people believe the upgrade will give free coins but they should have done their research before investing. It will be interesting to see what happens to the price a week after the upgrade.

[asriloni]

Current price:

Bitcoin: $9,271.27   

Bitcoin Cash: $1,533.55   

Effectively anybody who invested in Bitcoin Cash around a week ago would have doubled their investment but they would have had a ROI of 14% for Bitcoin.

Now there is a big surprise. I always link Bitcoin Cash with whales and crypto-exchanges that wanted to destroy Bitcoin so have no interest in buying Bitcoin Cash as I do not agree with the way it was created and I do not agree with the whales behind it but right now the question is what is pushing people towards investing in BCH?

Lol it seems like you don't even know about the true story behind it. The whales and exchanges are spreading lies to the bitcoin supporter to destroy the real bitcoin. The fact that they are using bitcoin cash to destroy bitcoin and that's why there is a big demand for the bitcoin cash. otherwise, they are all having very big interest to buy bitcoin cash. They are thinking bitcoin cash solved the scalability problem of bitcoin.

[JollyGood]

Bitcoin cash price is always heavily manipulated by whales. It has happened several times. Remember the time bitcoin cash raised to 0.32 bitcoin with no reason. Some people expected it to replace bitcoin. What happened next? Whales cashed out their profit and bitcoin cash price dropped.

You have a valid point there. The Bitcoin Cash whales seem to cash out pump and dump style.

[truimpheriues]

bitcoin price incraese slowly
another coin this mean altcoin always pump and dump, so can incraese fast and down price fast too

[Yuuto]

Current price:

Bitcoin: $9,271.27   

Bitcoin Cash: $1,533.55   

Effectively anybody who invested in Bitcoin Cash around a week ago would have doubled their investment but they would have had a ROI of 14% for Bitcoin.

Now there is a big surprise. I always link Bitcoin Cash with whales and crypto-exchanges that wanted to destroy Bitcoin so have no interest in buying Bitcoin Cash as I do not agree with the way it was created and I do not agree with the whales behind it but right now the question is what is pushing people towards investing in BCH?

I don't think that BCH has any long term future. It's not used by merchants nor is it used by average Joes to purchase anything. People can hype it up all they want, but it's just another fork of bitcoin that I've dumped long ago.

BCH tends to get hyped up real easy and is extremely volatile. It pretty much moves in cycles of boom/bust, just like other alts but with much more fluctuation.

The main reason why BCH is going up is just pure hype. No substance to this pump, they just try to make it seem like as if BCH is going to take BTC over which ain't happening ever. Happens all the time as well, just look at the charts. But all of this wouldn't have happened if BTC didn't recover. BCH still follows the general trend of BTC.

[waaat?]

Current price:

Bitcoin: $9,271.27   

Bitcoin Cash: $1,533.55   

Effectively anybody who invested in Bitcoin Cash around a week ago would have doubled their investment but they would have had a ROI of 14% for Bitcoin.

Now there is a big surprise. I always link Bitcoin Cash with whales and crypto-exchanges that wanted to destroy Bitcoin so have no interest in buying Bitcoin Cash as I do not agree with the way it was created and I do not agree with the whales behind it but right now the question is what is pushing people towards investing in BCH?

I don't think that BCH has any long term future. It's not used by merchants nor is it used by average Joes to purchase anything. People can hype it up all they want, but it's just another fork of bitcoin that I've dumped long ago.

BCH tends to get hyped up real easy and is extremely volatile. It pretty much moves in cycles of boom/bust, just like other alts but with much more fluctuation.

The main reason why BCH is going up is just pure hype. No substance to this pump, they just try to make it seem like as if BCH is going to take BTC over which ain't happening ever. Happens all the time as well, just look at the charts. But all of this wouldn't have happened if BTC didn't recover. BCH still follows the general trend of BTC.

Fully agreed. I saw some claims to Roger Ver with his bitcoin.com site correction in BCH favor. Hype is main reason of today BCH growth. I don't like BCH but I don't ignore this price growth

[crypto_bit]

Now there is a big surprise.

For me it is not a surprise of any kind - Bcash is an ordinary altcoin, so it's being pumped from time to time, like any other shitcoin. Its creator is rather charismatic so it def helps.

[calmaral]

This increase in BCASH could be due to forking. I think Bticoin is more valuable and popular. The same was true for Ethereum, and the Ethereum classic was reserved, but the situation on the bitco looks a bit different. The need for BCASH has gained more than it's worth, and this is not going to take long.

[JollyGood]

I see Bitcoin Cash dropping out of the top 10 of market capital (coinmarketcap) within 1 year

[EasyGoing]

A question for thread starter, do you think Roger Ver (sorry for mentioning him) is just an ordinary person? Even I dont like him, I will say he has a very strong hand to play crypto game.

[JollyGood]

A question for thread starter, do you think Roger Ver (sorry for mentioning him) is just an ordinary person? Even I dont like him, I will say he has a very strong hand to play crypto game.

Here are some of my views on Ver: https://bitcointalk.org/index.php?topic=3419499.0

I do not know him and do like what he stands for. I am not jealous of him being a Bitcoin whale but am against what seem to be his attempts to destroy Bitcoin by aligning with Asian exchnage operators and other whales by creating the Bitcoin Cash fork.

For me, it seems he tried to influence the path of Bitcoin because he was an early adopter but the community rejected it. Bitcoin made him a lot of money so he lives like a king in his adopted homeland of Saint Kitts and Nevis but his actions against Bitcoin show him to be a very ungrateful person who has bitten the hand that made him. For me, Bitcoin is king of cryptos and Bitcoin Cash is something fake will fade out when the hype is over.

[limmousine]

A question for thread starter, do you think Roger Ver (sorry for mentioning him) is just an ordinary person? Even I dont like him, I will say he has a very strong hand to play crypto game.

Here are some of my views on Ver: https://bitcointalk.org/index.php?topic=3419499.0

I do not know him and do like what he stands for. I am not jealous of him being a Bitcoin whale but am against what seem to be his attempts to destroy Bitcoin by aligning with Asian exchnage operators and other whales by creating the Bitcoin Cash fork.

For me, it seems he tried to influence the path of Bitcoin because he was an early adopter but the community rejected it. Bitcoin made him a lot of money so he lives like a king in his adopted homeland of Saint Kitts and Nevis but his actions against Bitcoin show him to be a very ungrateful person who has bitten the hand that made him. For me, Bitcoin is king of cryptos and Bitcoin Cash is something fake will fade out when the hype is over.

somehow I do not like bch and everyone behind it. I think everyone in the community also agrees that btc remains the original bitcoin and the people who invest in bch just want the profit from the pump alone.

[saganpav]

So this is really good growth and many of my friends are very happy as bitcoin cash is growing. But I do not really like this coin, and I think it's just a pump that will end soon.