Bitcoin Cash - Be Wary

in bitcoin •  7 years ago 

I think Bitcoin Cash is going to crash even further in the next few weeks/months. I might be wrong, but once BCH goes on exchanges...people are going to sell their bitcoin cash and buy bitcoin in a frenzy.

I totally agree with this article

http://www.businessinsider.com/bitcoin-cash-price-may-be-house-of-cards-close-to-collapsing-2017-8

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I think you are right. Im not touching BCH with a 10 foot pole...

People have been selling BCH and buying bitcoin fiercely...although we might be at a shorterm bottom for BCH. trend is still down...but volume has dropped. so a short-term bounce is possible.

  ·  7 years ago (edited)

I am not so certain at this moment in time. BCH is still holding value and coinbase/poloniex has finally given in and distributed the BCH from the fork. Many idalists are voting for BCH and to be honest it is the best version right now in terms of technological capabilities.

It guess it all comes down to the future hard fork which Bitcoin will be the true bitcoin..

wow