Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin cash price bottom out before bitcoin bct segwit activation?
by
Variogam
on 07/08/2017, 15:26:35 UTC
I thought segwit is being activated this month  Huh

Sure SegWit is activated in few days, and the 2x part in November. Both is only possible because of NYA agreement, also known as SegWit2x

https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77


Will bcc bottom out price comes 1st after all the dumping or btc segwit activation comes 1st?

I think it will take at least another week before Bitcoin Cash price bottom out from the initial sell outs.


I believe these 2 above factors will decide how the btc market price will play out as 2 of these factors are opposite, one will increase the btc price while the other will decrease the btc price i guess.

I dont think thats the case. At least short term price movements are not much corelated between the two coins, thats my observation so far.