Post
Topic
Board Bitcoin Discussion
Re: BCH threat to BTC?
by
eaLiTy
on 19/08/2017, 21:47:26 UTC
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped.  But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
There is no threat to the bitcoin market,bitcoin cash has its own market and if you are looking at the sharp price rise then it needs a much bigger push than we saw today to see the price reaching the levels of the price of bitcoin and that needs a very huge investment and interest in it for that to happen,the issue only happens if the upgrade does not do any good for the problems we had in the past,other than that there is no other threat . Wink