Post
Topic
Board Altcoin Discussion
Re: Will bitcoin cash keep loosing value or will go up again ?
by
madwica
on 16/10/2017, 12:21:15 UTC
I bought it at 530 so im loosing money at.the moment my questoon is will it go up to  this value again or higher ?
Sad to say but it will continue to lose it's value. Bitcoin will dictate when it would go back again. After the next fork maybe it will stand on its feet again, just maybe. Many investors are converting altcoin to bitcoin in order to get free money just like what happened in bitcoin cash.
The price of bitcoin cash has begun to grow after a long time. Today it shows sign of growth indicated with a green mark. At present holding bitcoin seems much profitable than the holding of altcoins. For this user might be converting altcoin to bitcoin. Upcoming fork will make a big change over the entire cryptocurrency as a whole.
I do not think so mate, bitcoin cash is launch few months ago and still it wont recover its value, and now new fork will happen and it will lauch new coin which is bitcoin gold i do not sure but a big possibility that bitcoin cash will lost its value and will be dominated by bitcoin gold because for now there are some exchange and wallets are wanting support this new coin but still bitcoin will be on the top and not replace by any new coin.