Post
Topic
Board Speculation (Altcoins)
Re: BCH Over 3000$
by
Jating
on 06/12/2017, 20:26:37 UTC
Can Bitcoin cash reach above 3000$ mark before the end of the year or is it stabilised in between 1300$ to 1600$ mark. Considering Bitcoin is stable at 10500$-11500$, we will see more fluctuations in Bitcoin Cash now.

Bitcoin is already above the price of $10500$-$11500, been trading at $$13,405. And there's no stable price of bitcoin always remember that the market is volatile. As far as Bitcoin Cash, I don't think it can reach $3000, but there are still holders of it and its possible to get to that price long term. I understand your point in thinking that it can go that far, but it will took Bitcoin Cash a year or 2 to reach that price in my opinion.

It seems to me that the price of this coin is too high already. When BCC only appeared, I thought that it would die in a few weeks. But it survived. It seems to me that the BCC is supported by very rich and influential people.

There are really a lot of influential people behind Bitcoin Cash, (Jihan Wu, Roger Ver) and I initially thought that it will die as  well. But they are still standing and even have their share of the limelight when they attempted to overtook bitcoin, but unfortunately they didn't succeed. This coin will remain though, whether we like it or not, but wouldn't reach bitcoin's popularity. They don't have support of the community because we all know that they are here to satisfy those influential people through pump-and-dump scheme.