Quote from: vurasasog on November 24, 2017, 06:53:07 PM

Quote from: JesusCryptos on November 13, 2017, 12:28:04 PM

Quote from: guynagdai on November 12, 2017, 05:49:37 AM

Now I read that there is an Hard fork for the bitcoin cash in novemver 13. Maybe this is the reason?

I think the only reason is to pump and then to dump on the newcomers. An old story, this time performed bigger than usually.

It seems the Bitcoin Cash price is still above $1500. When will it drop?

It won't.
Well, it might price correct but I highly doubt it will go below $1000.
Remember, valuation of a coin/token is all about how much value we put into it.
Since there are enough whales and manipulators putting artificial value on it it will never go down.
So the artificial pumping of the coin is no longer artificial, that's just how bch is now, a top 5 coin with an astronomical rise in market cap that has no uses and is backed by people who use shady tactics to get gain.

But aren't there other coins like that? I tried riding some of these coins pumps for gains and was able to make some small short term profit (in the case of bch's last pump a made a couple hundred dollars), but after that I decided my precious time is shouldn't be wasted on junk projects no matter how much profit is in it.

I guess it's just my personality, but putting some pricipals and ethics in what I do has made investing in crypto more and enjoyable and less stressful.