BItcoin Cash Up and Bitcoin Down?Bitcoin Cash爆起,Bitcoin爆跌?

in #bitcoin6 years ago

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Hello Steemit friend, yesterday Bitcoin Cash suddenly having a huge spike from $500 all the way to $1000 while Bitcoin dropping from the high of $7888 to $6600, what is the reason behind this? I think there are 2 possibility

  1. The first one is due to Segwit2x cancellation and people tend to choose Bitcoin cash against Bitcoin, this is due the fact that Bitcoin will stuck with 1MB block size and each 10 minute can only process a maximum of 3000 transaction while Bitcoin Cash can process unlimited amount of transaction. However, this reason alone is hard to justify the spike because using Bitcoin Cash still need to wait 10 minute which is suck in my opinion and Ethereum can process any transaction within 30 seconds, Steem is even better with 3 seconds transaction processing time and zero fee. Another factor we need to consider is the user adoption rate, due to the fact that Bitcoin Cash is hard fork from Bitcoin, the number of user is similar, however after the hard fork on August, new user will still buying Bitcoin but not Bitcoin Cash because almost all the linkage with Fiat money is through Bitcoin and not Bitcoin cash, so if Bitcoin Cash want to take over Bitcoin, its still a long road to go

  2. The second more obvious reason is a huge pump and dump strategy employ by the big money. From yesterday volume of $5 billion dollar we can see that the big money is pumping hard to make it seem like Bitcoin cash is going to take over Bitcoin. If the price can rise fast and high enough they might be able to attract lots of newbie and new comer to buy the hype and they might even attract the people who sold their Bitcoin cash earlier to buy them back, and once the price is high and profitable for them, they might just dump it back to the original price

What do you think? thanks for reading

昨天突然Bitcoin Cash爆起,从$500一下子就$1000,而bitcoin却从最高点$7888跌到$6600,是什么原因呢?我个人觉得有两种可能

1。因为SEGWIT2x取消了,也就是说bitcoin留着1MB的block,也就是每十分钟只能处理3000个transaction,所以投资者觉得bitcoin cash的unlimited blocksize才是出路?可是如果单凭blocksize大就要取代bitcoin也太儿戏了吧,就算每十分钟可以1百万个transaction,也是要等十分钟,太久了,为什么不用ethereum呢?ethereum只需要30秒,而steem的话就更快,3秒,而且还是0transaction fee,这价格的高低其实看的是谁的用户多,谁的价格就高,由于bitcoin cash是从bitcoin那里分叉出来的,所以用户的数量是和bitcoin一样多,不过八月分叉后,新来的人都只买bitcoin,很少买bitcoin cash的,所以说用户最多还是bitcoin,然后才到bitcoin cash, 而和fiat money对接的到现在还是bitcoin,所以bitcoin cash要取代bitcoin的话,还是有很长的路要走,不是随便炒一炒就能取代的

2。最大的嫌疑还是有庄家在后面爆炒,想把价格炒高出货,不过从昨天的量来看,竟然到了50亿美金,虽然可以左手倒右手,不过如果大部分人把他们的bitcoin cash都拿来卖的话,庄家也是顶不了多久,所以能够迅速把价格炒高的话就代表市场上想卖的都早卖了,剩下的人都没有想卖,所以市场上的筹码不多,比较容易炒,而炒高之后,再加上市面上的谣言说什么可以取代bitcoin,就有可能吸引一大批的菜鸟或新人去买,之前卖掉bitcoin cash的人也有可能会后悔卖了也去买回来,到时候庄家就可以顺利出货

你们觉得呢?谢谢阅读

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那么看起来现在是出货的好时机啊

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为了自己的信仰充值了50亿美金..

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