The November 9 – November 11 swapping of Bitcoin and Bitcoin Cash prices seems to be orchestrated vs organic. Because the SegWit2x agreement was abandoned, many think this is another attempt for BCH to take off and many BTC loyalists are calling out key players and names as the ones who are pumping only to dump. Live Bitcoin Core prices from all markets and BCC coin market capitalization. Stay up to date with the latest Bitcoin Core price movements and forum discussion. Check out our snapshot charts and see when there is an opportunity to buy or sell Bitcoin Core. BitConnect (BCC) Price in USD with Live Chart & Market Cap About BitConnect: BitConnect coin is an open source, peer-to-peer, community driven decentralized (without having one central area of command) cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest.
Bcc vs btc priceBasiscoin Cash (BCC) live coin price, charts, markets & liquidity
After BIP91 locked in, most people assumed the possibility of a hard fork was over. However, Bitcoin Cash supporters had other ideas. This is where the conversation can begin to take many different paths, but ultimately the decision is coming down to miners, developers, economic value and use case.
Depending on what side of the fence you are on, some even despise Bitcoin Cash using and piggybacking off of the name Bitcoin and think it should be called Bcash instead of bitcoin cash. It can go to show you just how divided and polarized many of the public figures are.
Ultimately, there are a few ways this could play out short term and obviously long term. Bitcoin BTC could become a true settlement network. For an analogy, understand the Federal Reserve issues the dollar.
On top of that you have secondary layers and payment networks like Visa and PayPal. The same with the bitcoin ecosystem should happen. The main network with its often-bashed 1MB block size base layers will act as the fed and settle transactions. Then, as a layer and network built on top of that, you will have the micro-finance capability of smaller, faster and cheaper payments.
As you can see, it would be not be optima for the Fed Reserve to be printing money and trying to process all that PayPal and other major credit card service providers do.
This is where Bitcoin Cash wants to make its claim to fame. By staking the frictionless ability to buy a cup of coffee vs buying a car, they hope to become the component to make that a reality. It does not take long to look around the cryptoverse and see who the major pushers and backers of Bitcoin Cash are. Roger Ver, Jihan and Dr Craig Wright are three of the major names leading the charge who claim bitcoin needs to be a payment channel not just a store of value.
Take a look:. An interesting weekend for BCH. The real battle is to come. Payments and cash. BCH is not about a store of value and long term Ponzi. It is and will be a payment channel. One for everyone. Congrats on this. BCH is a cash based payment system.
BTC have discarded payments for whatever they plan. As such, there is no war. At this point, most users recommend storing your bitcoins before August 1 and waiting to see what happens. Let the markets dictate demand. Let miners devote their hashing power to the most profitable option. Now as a side note, if you were to buy bitcoin BTC after August 1, you would not be honored the Bitcoin Cash BCH hard fork blockchain split as a new series of historical transactions is now being made.
Make sure to search for how to claim your Bitcoin Cash BCH so you can begin trading it or can keep it where it is and hold it for the long term. Maybe both go back and takes two coins to do two different things even though they are one in the same. So yes, BCH is certainly worth something. If you want to get an informed update on the latest news in the BCC versus BTC debate, make sure you check multiple sources. As with anything on the internet, take everything you read with a grain of salt.
There are many observations and assumptions being made about the spike of bitcoin cash price and what are its main driving forces. Now depending on the margins and numbers you trade at vs what amount of ratio exchange you had prior to August 1, this can be a dramatic tool and mechanism for moving the needle on the price of bitcoin cash.
We can expect this kind of extreme manipulation to begin to become more frequent but should be a great way to continue learning about how the world's money system is being shaken.
Yes, fees on Bitcoin payment channels will be trivial. Yes, this is almost certainly a spam attack, likely to pump Bitcoin Cash. The CAGR is I consider BCH a legitimate contender for the bitcoin name. Theymos's censorship. What's your take? The November 9 — November 11 swapping of Bitcoin and Bitcoin Cash prices seems to be orchestrated vs organic. Because the SegWit2x agreement was abandoned, many think this is another attempt for BCH to take off and many BTC loyalists are calling out key players and names as the ones who are pumping only to dump.
We will update this section in the near future so we can organize facts and get the storyline right. Bitcoin and Bitcoin Cash can co-exist but you will find many camps in the crypto world that say otherwise and are working to prove it too.
What happens with bitcoin's blockchain cryptocurrency is yet to be seen. We could have a merge in 6 months where bitcoin cash is bitcoin and bitcoin is bitcoin cash or we can have opposing views and use cases that make them competitors under the same name. On August 1 were were saying to stay tuned for what happens to bitcoin. It turns out that Bitcoin. Making it basically a Bitcoin Cash sponsored event, so this can be one of the reasons the price started to move up suddenly.
You can see plenty of room left for growth. If more momentum builds up, Bitcoin Cash has the potential for a very strong run. We just started a new green count after reaching a full 13 negative count, this is a good sign, we will know in a very short few days how exactly this trade will develop, no need to wait long. So basically two months of retrace and consolidation from our last run We traded that one as well.
It was a profitable trade. This was a resistance point that was easily broken and will now serve as support. Closing this week positive can give us the next week a strong run. Let's trade Bitcoin Cash , let's make some money with this coin.
Keep your stop loss and watch and Let's Trade! It is good to learn to prosper, even when things are not looking so great. Times change, the season passed. Don't worry about the summer, winter won't last.
Time is today, the world seems so great, why not take a minute, to cherish yourself? Why not take a minute, to develop your Soul? Yes, take some time off, to know who you are. Thank you for your continued support. Namaste my brother, such an incredible beautiful Soul. Please allow this trade time to develop.
Looking at it from the exchange BitStamp, Bitcoin Cash had huge volume yesterday, which is really good since the volume was low on the BTC side. The MACD is also crossing over and there is plenty of room for growth. The TD Indicator is also giving bullish signals. This is good for our trade, let's see how it goes. Anyways, there is lots of potential, specially if Bitcoin Cash decides to go against Bitcoin, so for this trade we are looking good.
Thanks for your continued support. We are still within range. Please allow this trade time to continue. Keep your stop loss active.