Post
Topic
Board Bitcoin Discussion
Re: BCH threat to BTC?
by
aoihs00
on 20/08/2017, 04:59:15 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??


Agreed, the price was not supposed to be like that for BCH. It has gone way high currently and when we were in the transition period of hard fork everyone was sure that BCH will be dumped like anything but exactly opposite happened with it and the price started rising up. Who knows there might be a time when we will have to trade BTC against BCH. We thought it would be zero and like other alt coins but as we can see things are different now. So we need more data until we can figure out what really happening. This might be the highest it can go or there might be chances it will go u more than this, nothings predictable at this time.