You are viewing a single comment's thread from:
RE: Safely Claiming Bitcoin Fork Coins Like Bitcoin Cash
i don't forsee bitcoin cash holding long term value owing to the fact that i think most likely there will be a lot of sell order for the equivalent bitcoin cash gotten after the fork and that will drive the value down and it might have a hard time recovering.investors will probably stick with btc, as they saying goes, the devil you know is better than the angel you don't know.
Yeah, it's going to be interesting either way. I imagine the price will fluctuate a lot and the experienced traders will do very well. Massive whale dumps, people buying cheap to bring the price back up a bit, followed by more dumps, some coordinated pumps, etc... it's going to be a wild ride. Especially if the miners start playing power trip games with it and moving their hashing power around to impact the market.