Post
Topic
Board Economics
Re: WTF? $20.000.000.000 seem to have been poured into BCH in a couple of days
by
Wesimon
on 13/11/2017, 05:11:20 UTC
I get up and see this:



BCH has gone from around $10 billion market cap to $30 billion market cap in a couple of days. Who the hell has some spare $20 billion to pour into BCH? Buffet’s net worth is around $77 billion.

I don’t think this can only be explained to Roger Ver and Jihan Wu going all in on BCH. They must have persuaded institutional investors to get into BCH. Apart from scared people exchanging BTC for BCH.

I will HODL but this is serious.

Yes I also notice that BCH market cap is increasing within a couple of days leading ETH for first time because of some exchanging their BTC for BCH which is giving a pump to total investment of BCH  but this is for a few time only as first bitcoin price gonna decrease but as soon as this scene go end BTC price will be stable and BCH will crash so just HODL it

It was believed that the sudden change in price is manipulated. Probably, they have plan to make changes so that bitcoin value would be also show sudden change. It was made to make people panic and tranfer to bitcoin cash. Bitcoin cash is just a bubble, we could expect its sudden fall in the next few days and then regain bitcoin value. This are just rumors, bitcoin would remain on top. BCH could exceed etherium but not bitcoin.