Post
Topic
Board Altcoin Discussion
Re: Bitcoin's bubble is going to burst
by
yluna88
on 22/12/2017, 17:17:25 UTC
BCH price spike recently was due to it being listed for trading on Coinbase, among other things. That was on Tuesday. But very soon after that its trade was halted as Coinbase suspected its staff of being involved in insider dealings. Apparently BCH was being traded at very high price on other exchanges, and at one exchange it was traded at $9,000 at one point. Investigation is going on. This is in the news.


I don't understand one thing: For a while BCH is promoted as rival of Bitcoin; but all I see is when Bitcoin drops, BCH also drops. When I remember Roger Ver's announcements and all shit news...It just doesn't make sense. Theoretically when Bitcoin drops, BCH shall rise; but it's not happening.
Or is there any altcoin that keeps rising as bitcoin drops?