Bitcoin Cash going down! Was this only for SegWit sceptics?

in bitcoin •  7 years ago 

For me it seems like Bitcoin Cash was only interesting to the market while people were not sure if SegWit would work well... the longer Bitcoin SegWit works as intended the more Bitcoin Cash shrinks.

What happens if SegWit has a real issue?

In this case Bitcoin Cash could rise above Bitcoin if it cannot be fixed.

As things are right now I see it as unlikely that SegWit has a strong flaw... but who knows?

What is your opinion? Why is Bitcoin Cash tanking? Did people selling it for 600 bucks make a killing the first day? Or will they regret it?

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Bitcoin cash is nothing except a clone and oportunity to make thousand by some big guy i dont trust it and will never use it. Bitcoin is the crypto to have.

Everybody who had BTC outside of exchanges has his balance there as well, so this is just... as long as outsiders are not confused and refrain from buying everything is ok...

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Stupid idiot bitcoin cash is the deal now Bitcoin is fucked by the Segwit

  ·  7 years ago (edited)

Signaling Segwit for Bitcoin will not be locked in until sometime next tuesday. Then 2 more weeks to get it up and running. Then we can see if it works well, so you jumping the gun a bit here...

Good point, I thought signalling had begun already 1st of august... I think the whole market is jumping the gun!

They will regret it later for sure as per my thinking

People were in Hurry to Take out the profit too fast while some haven't
now only time can tell us who were more wise enought with BCH

Yep... hard to predict... if support in ATMs in other places is there for BCH (easy to adopt as it is the original Bitcoin somehow), then we could see 4 digits as well there...

@mexbit right now people trying to more and more buying btc because many expert said btc gone up-to 3500$ even it will touched 4000$ also!!

I think there is no stopping for Bitcoin if SegWit works... no matter what Bitcoin Cash does....

Bitcoin cash eventually crashed nothing left

Recovering quite nicely lately... I can hardly wait to see what happens in the next 3 weeks...

yes i just saw and it has shown tremendous growth

I think people sell their Bcc to buy Bitcoin & altcoins , BCC dont have the support to stay in a powerful bitcoin market

It might be... I also heard that some experts are fearful of the SegWit code, as it might introduce errors... I do not think that the introduction will fail... but who knows.

i think that BCC will skyrocket ; it's just the begininig , it will be improved , and the price will increase massively

  ·  7 years ago (edited)

Bitcash is going to 10$ by the end of this week or the next. Bitcoin is going to 4000$ by the end of this month. Peoples are trading it for the one and only real bitcoin.

Yep and BTC will probably go to 10,000 by the end of the year. (No investment advice).

evryone got it for free and people believe hard ij bitcoin itself, so people are dumping it for free cash. 16+milj coins can do alot damage at the price. I wont invest. Some people think it wil drop to 30-50$. Meaby if you wanna buy then?

I think even though I am not a fan technology-wise, I think 30 $ would be a reason to consider picking them up... at least the technology should be as trustworthy as the old Bitcoin... and should not have missing space with 8MB blocks at least for the moment.

Can that happen for real :D That would be the perfect scenario hahah

"What happens if SegWit has a real issue?
In this case Bitcoin Cash could rise above Bitcoin if it cannot be fixed.

As things are right now I see it as unlikely that SegWit has a strong flaw...

If you were a holder of Bitcoin before the aug. 1st hardfork you have both, so it could be a zero-sum game for you... what you gain on one side you could loose on the other side...

i am not sure what will be going to happen with the BTC cash something new to understand huge volatility it has 2 more week lets see what happen next.

Absolutely everything possible... the market has to decide... I feel a bit of a pity that the huge limitations are gone now which gave a big advantage to PoS coins. Like this one here... DPoS.

Bitcoin cash is turning Bitcoin CRASH :D

A crazy volatility... Perhaps we can now start counting how many times BCH was declared dead. ;)

It may go up now ,

Im really glad BCC is down, and bitcoin is still up, I hope nothing bad happens thou if segwit has a serious issue, I like where bitcoin is right now, personally.

You will like it better when it reaches 50,000 USD. ;)

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Everyone getting Free BCH will surely kill it's price, Because people only care about bitcoins they don't care about BCH. In my opinion BCH has no future.

In some ways Bitcoin Cash is more of a Bitcoin than Bitcoin SegWit... it is more similar... it still has no Lightning Network and so on...

bch difficulty going down, might find support soon

The less it is worth the less miners will spend their electricity for it... if they do not want to loose money... if it is too tiny there could even be attacks... (although I do not think that anyone will bother attacking it)...

Bitcoin Cash is a big desaster, because they don't thought about it when they have low mining power. So with the big difficulty the transactions are taking so long, like a normal SEPA payment. I think that the price will go down really quick.

Really interesting to see how this will turn out... but as @uvas mentioned SegWit has not been activated yet... so if SegWit is going to be a disaster tides could turn...

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