Post
Topic
Board Speculation (Altcoins)
Re: Bitcoin "cash" - price speculation
by
erre
on 08/09/2017, 05:54:50 UTC
My English could be not so good, somehow I think we miscommunicated: I said that some FAKE buying pressure is coming from somewhere, I think this is fake because I can't imagine there are so many noobs (newcomers who want to buy bcc to hold them and hope for the best) or believers (people that can't understand that bcc is a much more inelegant solution than segwit for many reasons). I'm even surprised that so many people are still holding them, I dumped my few bcc on viabtc using futures even before they come on the market. Cannot explain better than that.

I understand what you mean now. I think whoever is buying it doesn't really understand what they're doing. Not the first time its happened I suppose.

1.1 billion dollars volume in the last 24h. As far as I can remember, there wasn't any other altcoin who was pumped so much from the start. I doubt they are all newbies who don't understand what they are doing, there is some heavy manipulation going on. Still, I think we will see it crashing sub 1 bitcent after november