I saw Bitcoin cash take a dive a few hours ago, only to see it getting damn close to $450! I wasn't planning on unloading them today, but i'm sure glad I held onto them.
What is everyone else doing... converting to alts or back into BTC or ETH?
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I sold at the lowest point of BCH as well, but I don't have much holdings so it didn't really matter much. I would think BCH at 0.2 of BTC is overvalued. BTC's advantage over other cryptocurrencies such as ETH is its widespread acceptance. BCH doesn't have that widespread acceptance
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Hold for sure. you can't have a blitz opening like that taking #3 market cap without having long term value.
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I'm holding no matter what- Look at the situation with ETH/ETC... ETC is now trading pretty damn close to where ETH was before the split ($20). ETH is now $225, which is more than an 11x increase. That was last summer folks...
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That is what I was thinking as well. If the BCH fork acts similar to ETC, it might be worth sticking around for awhile. The early days will always be volatile.
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I'm holding like a motherfucker . Its basically like someone put some change in my pocket and I'm waiting to see if the change grows or if it falls out the hole in my pocket. Either way I just keep walking and swaggering .
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Well, as far as I can tell, you currently can't send Bitcoin Cash to the exchanges, it has to have been distributed there.
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Holding of course, waiting for the dump to buy more.
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If you're a long term thinker Hold. No point of selling either btc or bcc
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Agreed
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