Quote from: gabmen on July 26, 2018, 01:06:22 PM

Quote from: BitcoinHodler on July 26, 2018, 12:09:43 PM

Quote from: terrific on July 26, 2018, 11:24:39 AM

BCH is a centralized coin like Ripple so this ain't a good investment in the long run.
If you will hold this coin for long term, you'll be broke because its either Jihan Wu will dump this coin.
Or Roger Ver will dump as well when they are ready to forget about this coin.

it is true about BCH but Ripple situation is 100 times worse than this. because it is not only centralized and they can control everything including your balance but also the total supply is 100 billion while only they have released about 40 billion of it.
in other words there is still 60 billion XRP unaccounted for which they keep releasing each time they pump it so that they can make a huge chunk of money.

Well bitcoin cash is still considered as one of the top coins in the market though i kind of agree with you there. Calling bch as the real bitcoin won't hook that much support from people in the crypto community, well aside from ver diehards that is.

I didn't know it was that bad with Ripple! I was thinking of taking a few coins just for a short term flip but that could be a bit risky if they can just dump a whole bunch of coins into the market at anytime they please. But if it's already so low right now, that would probably be against their own self-interests, wouldn't it? They'd probably want to allow it to come up a bit before dumping it again.

BCH doesn't bode well with me either mostly because of the fork and centralized nature of it. Forks are usually not very good signs in my eyes. It can be a sign of weakness and discord among the team.