Post
Topic
Board Speculation
Re: Bitcoin (btc) close to $3,000
by
Baofeng
on 02/08/2017, 02:03:07 UTC
No any blocks were mined in bitcoin cash which shows majority of hashpower is with bitcoin so bitcoin is already safe for transactions. But nobody are being able to move their BCC to sell on high prices.


Viabtc has already mined the first bitcoin cash block. But I don't think its sustainable in the long end.

https://pool.viabtc.com/pool/BCC/state/

bitcoin price will continue staying in this channel, going up and down but increasing the bottom each time and testing the ATH each time it does before it breaks through and goes above the $3000.
this may take a while though, but when it breaks the $3000 resistance i'd expect the real rally to begin.

I believed so, the price will hover around $2700-$2900 for a while before seeing the magical $3000 barrier being breach. We will test it again for sure and will try to sustain it there we can. Probably a month or 2 is needed and when if its sustainable, then expect the price to rise even more in the future.