Bitcoin's and Bitcoin Cash's prices and have gone down today
Monday, 31st July, 2017
Prices according to CoinMarketCap.com
Monday, 31st July, 2017
Prices according to CoinMarketCap.com
BITCOIN's price today is at $2,802.32 with a -1.59% change in the last 24 hours.
It currently has a market cap of $46,182,443,774 with a 24 hour trading volume of $694,948,000.
BITCOIN CASH's price today is at $289.72 with a -17.40% change in the last 24 hours.
It currently has a market cap of ? with a 24 hour trading volume of $550,557.
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Looks like it's gonna be a race to dump BCC as soon as it's live! It may need the extra transaction volume to allow for the dump!
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Agreed with the dumping. Hopefully it won't crash the entire market or something.
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@lifewithcrypto Thanks for sharing. I hope not it will be dumped... maybe it has a chance like ETC had. What do you think?
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It will be dumped for the time being. You can do the same, dump it now, let it drop close to nothing, buy when it's cheap, and HODL as much as you want, but at least you know you bought it cheap as dirt!
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Maybe it's like this...
If you don't HODL...
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In the long term, it will end up stabilizing at a price about 10 BCC = 1 BTC, somewhat like the price proportions between ETH and ETC.
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I see it being more in favor of BCC.. ETH is the fork.. ETC is the original... I believe BCC be worth more than BTC eventually
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I highly doubt that something like that would ever happen, but at the same time, who knows? It will need a lot of time to reach that point that's for sure. A coin cannot just go up in value 1000% without it actually having a purpose. Can you buy anything with BCC right now, from any sort of vendor, or ATM? Nope, that's what makes BTC so strong, the infrastructure and it's use.
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