RE: Bitcoin cash to the moon sooner than expected? Will it pass Bitcoin??

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Bitcoin cash to the moon sooner than expected? Will it pass Bitcoin??

in bitcoincash •  7 years ago 

This price increase is nothing more but an artificial pump by the creators of BCH. If you've made the effort to check 40% of the price pump comes from Korean exchanges. Exactly like the last time in August when they pumped BCH from $200 to $800 and then it slowly it went back to $200 over the course of 3 months.
If you've made a profit with BCH thats great, so have I, but to say that it will pass Bitcoin, in my opinion its a bit silly.

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Don't have any stake in it, but is it really though?

I mean who ever has some I would sell. With the price of bitcoin going down there could be a possible temp pass. In my opinion.

https://coinmarketcap.com/currencies/bitcoin-cash/#markets

Please take a look at the top 5 markets for BCH. It pretty obvious where the traffic is coming from. As soon as this artificial pump stops, because they can't keep it forever, the price of BCH will dump hard.

Also look at the BCH blocks - https://blockchair.com/bitcoin-cash/blocks

Thy are empty?! No one is using BTrash... For comparison BTC has more than 2000 transactions per block.