Post
Topic
Board Speculation
Re: BCHSV delisting| Bitcoin back to $6000
by
The Pharmacist
on 16/04/2019, 14:42:34 UTC
On November 13 last year, the price was about $ 6,300. Do you expect the price will back to that level next week? Based on the news above only.
Do I expect the real bitcoin to hit that price next week?  No, not really.

I agree, there's only one bitcoin.  Bitcoin Cash could certainly be useful as a currency, as the fees tend to be lower and confirmation times are quicker (in my experience), but it's a fork coin, a copy of the real deal.  It doesn't have the huge community and 'brand' that bitcoin has and never will.  The same is true for the other fork coins, including BCHSV--and I barely even know what that coin is all about.  What I'm pretty sure of is that if it gets delisted from any big exchange, its price will likely plummet. 

On a related note, I get a bit anxious when I hear stories like this, since I've been buying PIVX lately to try some staking.  The price is already pretty low, but I'm wondering what would happen if an exchange like Binance decided to delist it.  Changelly already did--they used to have it available but haven't for a while now, and even Yobit doesn't offer it.  It's a big risk, I know, but I'm gambling with it anyway.  When a coin gets delisted, that affects that coin's prospects pretty drastically.