Quote from: harizen on September 22, 2017, 04:29:40 PM

Quote from: AtheistAKASaneBrain on September 22, 2017, 02:57:53 PM

Quote from: yrtrnc on September 22, 2017, 10:26:11 AM

BTCC will be no more on September 30th. How do you see this effecting the price?

What is BTCC? are you talking about Bitcoin Cash? Im getting really confused at the people that talk about Bitcoin Cash in numerous different tags for the token. I have heard BCC, which also means BitConnect (same token), I have hear BCH, and I have heard BCS. This shows the lack of coordination and general mess that a hardfork can generate.

The price of BCash will keep dumping. Any rises are artificial, there's no demand for it, look at the blocks.

BTCC is one of the largest exchange in China, it's not a crypto coin.

https://twitter.com/YourBTCC/status/908285586368167936

They will stop all trading on 9/30. Since it's one of the biggest exchanges, we might really see a pulldown of bitcoin price. Recent price dip creates a resistance at above $3,000 and swing to around $3,900 for few days with some changes at about $100 to $200 ups and down. So my guess is around $2,500 at maximum dipping point.

I agree with this for the most part, but I'll say the price will be closer to 3000 than 2500. When people see the drop under 3000, I think there will be more buy orders; people want to buy low and ride the wave up. I think this will help combat the overall drop down to 2500. Crazy to see how much Bitcoin dropped in this past month, the volatility is insane.