RE: Bitcoin Cash is coming!

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Bitcoin Cash is coming!

in bitcoin •  8 years ago 

We'll see. You're assuming there will actually be support for the new coin. Maybe, maybe not. Right now people could be pumping the price of the BCH futures in the hopes they can dump them for profit. Or, they could be getting ready to dump BTC.

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Two factions when it comes to Bitcoin, those that want to see it stay a commodity (i.e. store of value) and those that want to treat it as a currency (Satoshi's original intent).
I personally hold BTC long and treat it as a commodity, but you are absolutely right!
Bitcoin Cash could get massively dumped or pumped... The market will decide, which makes this whole thing so very exciting and wonderful (IMHO)