Post
Topic
Board Altcoin Discussion
Re: Why is Bitcoin Cash going up like hell?
by
Norihiro
on 10/11/2017, 13:15:01 UTC
What is happening to Bitcoin Cash at the moment?

It's already on 850$ and seems to be increasing more and more. Anyone knows the reason for that?

Segwit2x suspension / cancellation is driving people/traders/miners who really do want a larger blocksize and lower fees
towards Bitcoin Cash (which has 8mb blocksize and lower fees).

I think some cash will also flow to Dash now, which will soon have 2mb blocksize and pretty much the lowest fees of them all.
This is a battle of value of store (Bitcoin) versus value of usability (Bitcoin Cash / Dash)





Very accurate! But - it is quite possible that there will be a hardfork in future, isn't it? If it is so - people who are moving their investments into dash\btcc - put their money on risk...Because when there will be a hardfork - btc will fly high.