Post
Topic
Board Speculation (Altcoins)
Re: I was almost fooled into selling my BTC for BCH - but look at the exchanges
by
s2tf
on 11/11/2017, 22:01:32 UTC
don't be fooled.

Look at the exchanges.

nearly 36% of the transactions for BCH are coming out of the Korean exchange, Bithumb.

Isn't this the same exact thing that happened last time when BCH flew past $1200 and then dumped?

link:  https://coinmarketcap.com/currencies/bitcoin-cash/#markets

This is a very good point. There is not a global sell off of BTC into BCH. The price action of BCH is clearly coming from Asia. BTC is down less that 2% over 24 hours as I write this.