I think the August fork has an influence on the current price of btc. Before the fork, the price was somehow OK and now I can't even buy a considerable amount with my $10.
I guess people are dumping their BCC for BTC which should be the cause of the rise in price. I am planning to buy some bitcoins now but I'm thinking the price will go down a little when people start sell their BCC profits( l mean profit they've earned after dumping their BCC). What do you think, am I wrong or right?
I do not think that they dumped their bonus BCC/BCH already nor being the reason about the recent price increase. If you can see, BCH's price is almost 300 USD as of now which is somewhat high to be considered as dumped. I think that the reason for this increase is due to the massive ICOs happening simultaneously.
I do not like this situation with the Bitcoin counterpart. It seems to me that in the near future users will suffer very much because of this. Despite the fact that They have long been rising prices was very stable, But today we are already seeing a fall.