- Bcash / Bitcoin Cash is up nearly 50% as of now.
What a day.. what a sight..what a moment in history.
Would the gains sustain?
Source: coinmarketcap.com
What a day.. what a sight..what a moment in history.
Would the gains sustain?
Source: coinmarketcap.com
The Bcash futures on Kraken are currently 400usd.. they had a spike of over 2600!
Oh la la
I thought the price for bit cash was already at 400?
Its was infact $500 3 days ago and came down to $280 roughly in futures.. before the debut today :)
Well if the reason that bitcoin spiked the last few days was people moving into bitcoin from other currencies so they could get bitcoin cash at the split, it makes sense to me that many people might move back OUT of bitcoin into whatever altcoins they were originally holding, while still holding their new bitcoin cash - which would mean of course that bitcoin would go down and bitcoin cash would go up. Anything can happen, but my gut feeling is a lot of people are making a very low risk bet that if they hold the bitcoin cash it might gain traction and make them a killing
I second that... Anything with the Word Bitcoin goes Parabolic !
I do not think it will hold. The market will test both the upper limit and the lower limit the next few days.
Aha.. yes that could happen