Post
Topic
Board Speculation (Altcoins)
Re: BTC is dead. The plan is a shift to Bitcoin Cash.
by
twicezeroiszero
on 23/10/2017, 15:58:28 UTC
Bitcoin Cash hodlers are mad because btc is over $6k...
You're screwed
I kept my Bitcoin Cash because it's peanuts compared to Bitcoin anyways. But I would never ever think of buying any.

I kept mine too and never think of selling it not because I am a fun of BCH but because its a free money so might as well if it really going to more valuable in the future.
I just don't think it's worth the effort of backing up my wallet and forking it... If it increases its value by a lot in a few years I will think about it again.
Where is the source of Bitcoin Cash? That is the original Bitcoin - Bitcoin at present. So, if an altcoin clonned from the original Bitcoin can has high price in someday, do you think it is really easily to create more Bitcoin like Bitcoin Cash and receive a huge profits for anyone? Think it again and consider my words.
The reason Bitcoin Cash had an initially high value was because most people didn't know how to fork and sell their coins and because it was heavily shilled on Bitcoin.com and other sites. So while some people could still try to profit off of forks, it will probably become less and less successful with every try. At least until Bitcoin Miners shoot themselves in the foot with their policies.

That could be right. After pepople start selling, the Bitcoin Cash price has gone lower.
Same thing will happen to Bitcoin Gold, but much faster because nobody really cares about it and much more people moved into Bitcoin this time to get some.
It seems you are mistaken, I remember the price of Bitcoin Cash just dumped at first time after listed on Bittrex change.
Then, after few hours, the price of Bitcoin has pumped from bottom price ~0.01 BTC or 0.003 BTC (depends on the rates of exchange) to 0.1 BTC.
Did not stop there, it cotinue to increased to 0.4 BTC and this is the highest price of Bitcoin Cash (after 3 days listed on Bittrex exchange).