Post
Topic
Board Altcoin Discussion
Re: BCH bleeding death?
by
Hyperme.sh
on 13/10/2017, 10:07:45 UTC
I had high hopes with bitcoin cash,the price did go to like some 600-700$

I sold at $800s. I expected it to decline. I bought more at $350. Probably premature. I should have waited for $240 - $290. But I was overworking, sleepless when I made that decision, so I was not as clear thinking as now.

I don’t have very high hopes for it. I’m not expecting it to take over and become the real Bitcoin. I am expecting another trade up to maybe $1000 to $1500, presuming the entire market does not collapse and traders take profits on BTC and want to trade into something undervalued.

I view BCH more as a safe haven away from attacks that could come on SegWit. And as a trading vehicle for profit taking on BTC. And as the only BTC clone airdrop with any legitimacy at all, given Bitmain’s support. And given that if anyone was going to attack SegWit with a mining attack, I would think Bitmain might be the one with such a scheme up their sleeve.