🔥🔥🔥 Bitcoin & Bitcoin Cash getting closer 🔥🔥🔥 Bitcoin Cash at 704.23 $
Today was the day when the Bitcoin Cash pretty quick catch in the marketcap, beating the cryptomoneda Ripple,
Will it be a good investment at this moment to bet on Bitcoin Cash?
I really do not know what I can tell you is that today, 08/18/2017 the price of Bitcoin Cash came to the
704.23 $
After having parked in the round of $ 350 was doubled,
According to my analysis, the excessive demand of Bitcoin Cash today was due to:
- Fall of Bitcoin, Bitcoin's marketcap fell during the day, Bitcoin investors seeing the price fell passed their funds to Bitcoin Cash, which we could presume that with a fall of Bitcoin investors will no longer refuse to take out Their funds from the crypto-currencies, but instead transferred to Bitcoin Cash.
Thanks to the fact that the Bitcoin fell from 4300 $ to 4000 $ today made the other altcoin also dropped substantially causing possibly investors to take refuge in Bitcoin Cash.
The MarketCap today did not diminish to a great extent, which is why I sense that the falls of bitcoin and other altcoin caused investors to take refuge in Bitcoin Cash,
In conclusion, I do not really believe that Bitcoin Cash is a currency in which investors trust a lot, but it has served as a back-up currency, to return to normalcy, I would expect Bitcoin Cash to return to its normal values or be so Just a little over 350 $, I would like to have your opinions and comments about it, since my value in this article to the network is merely my analysis and my way of seeing things.
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STOPThis post has been ranked within the top 25 most undervalued posts in the first half of Aug 19. We estimate that this post is undervalued by $26.23 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Aug 19 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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