Fightclub321 (OP)
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September 27, 2018, 10:34:08 AM |
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It's up about 18% now and trading at $523, according to coin360.
What influences this pump?
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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terrific
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September 27, 2018, 10:35:45 AM |
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I don't know the reason for the dump but IMO its not worth to invest on this coin.
Though its being pumped, you asked with the wrong timing which you shouldnt apply with other coins too.
Many will answer you here that its not worth to invest whether its low or up.
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forex
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September 27, 2018, 10:39:03 AM |
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anyone can explain the cause of the recent pump? I've just taken the short after this pump. I think It's ez money
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Tistergis
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September 27, 2018, 10:41:24 AM |
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It is possible to invest. This coin received big lighting at the press worldwide. She is supported by large players of this market and it is a good indicator
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Red-Apple
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September 27, 2018, 10:43:24 AM |
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BCH like 90% of that altcoins is a purely pump and dump altcoin so the answer to your question is yes and no at the same time. because altcoins like this are only good for as long as they are getting pumped. otherwise there is not much of a potential in any of them for any sort of real investment and that short term investment that you make (during the pumps) is a risky one and you have to be vigilant when it comes to selling it and getting out before the dump starts.
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--signature space for rent; sent PM--
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brenzosa
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GPTCash Weekly Airdrop: https://discord.gg/YHngU9x
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September 27, 2018, 10:44:03 AM |
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bitcoin cash or bch is a better version of bitcoin, with support coming from big mining groups. they want people to switch from btc to bch. but people are hesitant to move because bch, although a step infront of bitcoin technology, still lags behind newer blockchains like eos. it will remain 2nd grade bitcoin for a longer time, until its supporters find a way to introduce new technology for it.
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tetyulfania
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September 27, 2018, 10:49:41 AM |
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Bitcoin cash or BCH is most popular altcoin and have reached most higher price half of bitcoin, now was drop and it chance to buy and re invest at bch to get profit where bch have growing price again.
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Fenderr
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September 27, 2018, 10:56:26 AM |
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It's up about 18% now and trading at $523, according to coin360.
What influences this pump?
The BCH pump is directly related to the CET pump expericenced yesterday. BCH would pump really hard as it would help cleanup Bitmain's valuation. But truth is Bitmain is really strong. BCH is the largest holding of Bitmain and Coinex the exchange is one of their babies. A good CET valuation would improve the balance sheet significantly... |
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GhostWithin
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September 27, 2018, 10:57:27 AM |
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bitcoin cash or bch is a better version of bitcoin, with support coming from big mining groups. they want people to switch from btc to bch. but people are hesitant to move because bch, although a step infront of bitcoin technology, still lags behind newer blockchains like eos. it will remain 2nd grade bitcoin for a longer time, until its supporters find a way to introduce new technology for it.
The difference between BTC and BCH is the size of the block. The bitcoin block size is limited to 1 MB, and Bitcoin Cash is 8 MB...There is no more difference between them. |
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waveswallet
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September 27, 2018, 10:59:36 AM |
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There is a huge whale in the back of BCH. Sometimes there is no reason why such a coin can start to rise, because its developers have enough money to operate it. Of course, this proves that its strength is very powerful. I think it is a coin worth investing in.
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TheCryptoOwl
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September 27, 2018, 11:12:46 AM |
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BCH like 90% of that altcoins is a purely pump and dump altcoin so the answer to your question is yes and no at the same time. because altcoins like this are only good for as long as they are getting pumped. otherwise there is not much of a potential in any of them for any sort of real investment and that short term investment that you make (during the pumps) is a risky one and you have to be vigilant when it comes to selling it and getting out before the dump starts.
This is such bs. BCH is way more functional coin and in the long run it'll be more valuable then btc. |
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smenon
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September 27, 2018, 11:15:21 AM |
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I think everything I understand that this coin is swung and earn from it. If who manages to catch a wave of rise and falling, then can make good money too having invested in this coin. But if you do not understand cryptocurrency, then you should not invest in it.
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ivannalog814
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September 27, 2018, 11:18:16 AM |
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Personally, my opinion ! I do not invest in BCH because I do not see any sense in this coin ! Bitcoin was created by one and no one will notice it !
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tomahawk9
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September 27, 2018, 11:24:53 AM |
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It looks like you missed the train. There's no reason to buy during a spike in the price, you might be left holding bags after it gets dumped. Focus on other coins which that are at lower prices rather than the ones getting pumped.
Wait for a correction or a drop and then buy during the dip. I'm not a supporter of Bcash, but I gotta admit that you make some decent profits off of it during the pump and dump waves every now and then.
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oioi
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A p e S w a p ///$BANANA Farms
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September 27, 2018, 11:25:20 AM |
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it's likely to enter the usual end of the year that all altcoins will rise in price, and hopefully it
can affect other altcoins to rise again in price, and that is all the desire of each altcoin holder.
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ND_INVEST
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Purchase real estate and cars at discounted prices
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September 27, 2018, 11:31:11 AM |
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It's up about 18% now and trading at $523, according to coin360.
What influences this pump?
If we take a look at markets on coinmarketcap, there is a weird amount of trading to USDT. It's funny that the first two exchanges are marked as 'volume excluded', which I guess means that the reported volume is incorrect. I am no expert, but this looks like a price manipulation to me. Let's take a look at the news. Some just state that the is a bullish trend without providing explanation. Forbes says it's because Bitmain files for IPO (xenomorphe1 mentioned this reason above as well) and Bitcoin cash has something to do with Bitmain (if though there's no direct connection between these two). Now is a good time for long-term bch investment, but perhaps the price will get lower again and it's reasonable to wait. |
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HardFireMiner
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September 27, 2018, 11:33:31 AM |
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If they will launch an IPO soon, they need a high price for Bitcoin Cash, I think the rising has just started.
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hunnykaushal
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September 27, 2018, 11:35:39 AM |
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I never invest in Bitcoin cash because it pumped and dumped without any reason, to me it looks like most manupulated coin.
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Barbut
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September 27, 2018, 11:40:25 AM |
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I never invest in Bitcoin cash because it pumped and dumped without any reason, to me it looks like most manupulated coin.
Most of us saw that pump, huge pump to be precise. I never invested in bitcoin cash too, but I had some from fork. I sold them soon after price started to rise, that was mistake I sold at 500$ and price reached 4,000$ if I remember correctly, I could earn much more from my bitcoin cash. After all market dropped and with it bitcoin cash too, I thought about getting into it again, but I didn`t do it. All that drama about bitcoin cash, constant argues everywhere between supporters from their side is not good environment I think, so i will stay out of this coin, even others earning from it. |
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