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Author Topic: Bitcoin cash is going to zero out??  (Read 17944 times)
Febo
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February 20, 2019, 04:54:40 PM
 #21

It is to my greatest surprise that the price of bitcoin cash has fallen below ethereum and has gone down to 7th position in cmc chart list
Will it zero out??

Bitman sold only 25% of its BCash in Q4 of last year. If they will sell more in Q1 of this year then price will only go further down.

I hope so. It doesn't have any real use case to survive in a long term. Only speculation interest, nothing more. To me it's not enough to be in TOP-10 projects of CMC. I hope the community agree with me.


It will be in top10 simply because so many dont care about it. And have their BCH intact in their wallets. If they would claim them and sell then price would fall.
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February 20, 2019, 05:01:54 PM
 #22

I think that this will be so, because I do not see other applications that could be the main sources for the cryptocurrency sector of the economy. I don’t understand how today cryptocurrency has not yet been extinguished this battle.
asdlolciterquit
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February 20, 2019, 05:11:15 PM
 #23

It is to my greatest surprise that the price of bitcoin cash has fallen below ethereum and has gone down to 7th position in cmc chart list
Will it zero out??

i'm surprised too.
Expecially becouse roger ver is behind bitcoin cash, and he is a big name in crypto's world.

Anyway, i really don't like him, so, nevermind.
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February 20, 2019, 05:17:57 PM
 #24

I think its unrealistic to assume any of the current top 20 cryptocurrencies can actually "zero out".
They can however loose the battle for adoption and end up not getting used much, or used only for speculation.

In the end its all about a cryptocurrency use case(s) and if that use case gets utilized or not.  
Every investor should ask themself this :

What is the use case for the cryptocurrency i'm involved in and how successfull is it with regards to that use case ?

Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
dearbesz1219
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February 20, 2019, 05:20:52 PM
 #25

Probably yes, I do not see any use of Bitcoin Cash. They tried to be accepted in restaurants in the USA, but the plan didn´t work.
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February 20, 2019, 11:59:01 PM
 #26

Yeah, it is unfortunate for the Bitcoin Cash community that the price keeps decreasing, but after several problems in their platform and their management, they totally deserve it. However, I don't think Bitcoin Cash will be zero out. They still have a good community that support them. And we can see that crypto market, in general, is starting to see bull run.

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February 21, 2019, 12:19:00 AM
 #27

I don't think, if bitcoin will become zero, nowadays bitcoin has started to rise again as usual again and I see it going up ..

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February 21, 2019, 01:02:24 AM
 #28

Their use case failed as almost no marketplace takes their coin as payment
But differently from it's own hard fork (BSV), seems like the project is still being worked on if you check it's commits on github
So even if it's a failed project, it's still a project and might still yield results if they work on it hard enough
their biggest obstacle  right now is themselves, since they insist on taking shots at BTC in an attempt to proclaim themselves as the "real bitcoin". All that does is create enmity and undermine adoption.

As someone said earlier in this thread
Quote
Bitman sold only 25% of its BCash in Q4 of last year. If they will sell more in Q1 of this year then price will only go further down.
this can cause a panic capitulation and really push it to near worthless, essentially killing the project, no need to reach 0
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February 21, 2019, 01:55:56 AM
 #29

BCH still survives in the top 10 at CMC, this is only natural if the position is under Eth, and all of them have a time to return to the top and that also depends on demand. If the BCH will be like other shitcoin, for me it doesn't matter either, the possibility of being a coin is useless too.

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briton
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February 21, 2019, 02:05:51 AM
 #30

BCH still survives in the top 10 at CMC, this is only natural if the position is under Eth, and all of them have a time to return to the top and that also depends on demand. If the BCH will be like other shitcoin, for me it doesn't matter either, the possibility of being a coin is useless too.
If it is still in the top 10 in CMC, it means that BCH is still feasible to be calculated, I think the up and down position is reasonable, if I think there are many supporters for this BCH, I will be able to last long
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February 21, 2019, 03:19:11 AM
 #31

BCH still survives in the top 10 at CMC, this is only natural if the position is under Eth, and all of them have a time to return to the top and that also depends on demand. If the BCH will be like other shitcoin, for me it doesn't matter either, the possibility of being a coin is useless too.
If it is still in the top 10 in CMC, it means that BCH is still feasible to be calculated, I think the up and down position is reasonable, if I think there are many supporters for this BCH, I will be able to last long

BCH is still feasible because it is still good to maintain even though many people don't like it. Investors still keep it and maintain, indeed the price of ups and downs is one thing that is natural and we will see that BCH still has a community that maintains it.

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February 21, 2019, 03:22:01 AM
 #32

Well, this coin earned alot of hatred because of some reasons. And i myself is not a big fan of this coin but still i don't think that it'll just go to zero. It's price may fall low but it'll still be there.

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February 21, 2019, 04:12:18 AM
 #33

Well, this coin earned alot of hatred because of some reasons. And i myself is not a big fan of this coin but still i don't think that it'll just go to zero. It's price may fall low but it'll still be there.

All of that is still moving, moreover, BCH is still in the top 10 list, to be zero it might not happen because there are still many investors holding it. Eth is likely to remain a popular coin after bitcoin and this has its own advantages.
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February 21, 2019, 04:13:30 AM
 #34

It is to my greatest surprise that the price of bitcoin cash has fallen below ethereum and has gone down to 7th position in cmc chart list
Will it zero out??

I hope so? Bitcoin cash just divides the allocation of bitcoin and ethereum, and it should be out of the market for the strong cryptos to better be utilized. That will much be better for market volume increase well.

raven7886
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February 21, 2019, 04:23:07 AM
 #35

Well, this coin earned alot of hatred because of some reasons. And i myself is not a big fan of this coin but still i don't think that it'll just go to zero. It's price may fall low but it'll still be there.

All of that is still moving, moreover, BCH is still in the top 10 list, to be zero it might not happen because there are still many investors holding it. Eth is likely to remain a popular coin after bitcoin and this has its own advantages.
What are advantages ? You mean bigger blocks alone will help it to survive? Still, I do see Roger Ver kind of big whales are supporting it to keep bumping. When some big investors are there to keep on pumping at hard times, I guess bitcoincash may continue its stay more comfortably.

I guess in near future they may have another hard fork to have another coin like what they have done for creating bitcoin-sv. This way they may keep on air-dropping new coins to have new investors on board.
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February 21, 2019, 04:24:51 AM
 #36

Will it zero out?

Unfortunately it will probably stay longer.
BCH is a speculation / pump and dump clone. So there will be probably enough people trying to earn money from the fools that bought the story.
And how many such forks based on it were created before, it looks like this is the most enduring pump. It will not be reset at all, and even slightly rises with the general rise of the parent coin.

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February 21, 2019, 04:28:26 AM
 #37

Well, this coin earned alot of hatred because of some reasons. And i myself is not a big fan of this coin but still i don't think that it'll just go to zero. It's price may fall low but it'll still be there.
Yeah, people don't like this coin and maybe those who are buying are just want to play short term with this coin and no plan to hold at all. If this coin doesn't make any development in the coming months or years, it will slowly die. If the price falls hard, then its hard for this coin to bounce back because of so much hatred.
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February 21, 2019, 04:34:06 AM
 #38

I guess in near future they may have another hard fork to have another coin like what they have done for creating bitcoin-sv. This way they may keep on air-dropping new coins to have new investors on board.
Like what Tron was doing with Bittorrent airdrop ? But, I am not seeing any of these will be helping these coins in long term. People are always looking for actual growth not just these free stuff. It may be a short term quick triggers but not sure how intensively it may help on long term basis.

Bitcoin cash may survive in my opinion too due to their continuous bumping scenario. It may be from the devs or from the people out of world too. But, when they keep on bumping, they may list on top in coinmarketcap which is the reference for many people here to trade and to invest too.
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February 21, 2019, 05:59:36 AM
 #39

It is to my greatest surprise that the price of bitcoin cash has fallen below ethereum and has gone down to 7th position in cmc chart list
Will it zero out??

Bitman sold only 25% of its BCash in Q4 of last year. If they will sell more in Q1 of this year then price will only go further down.

I hope so. It doesn't have any real use case to survive in a long term. Only speculation interest, nothing more. To me it's not enough to be in TOP-10 projects of CMC. I hope the community agree with me.


It will be in top10 simply because so many dont care about it. And have their BCH intact in their wallets. If they would claim them and sell then price would fall.
The buyers of BCH just care about the hype and they never take the usefulness of the token as the main indicator to buy such tokens while these dumb speculators are hating another security coin or token.
More and more crypto used anti asic and bitcoin will be bankrupt in the future.

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February 21, 2019, 06:20:34 AM
 #40

Bitcoin cash can't ever zero out ,there are many coins on cmc that still survive even without the devs anymore ,for example doge coin and to me bitcoin cash is better than dogecoin

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