BCH Battle on GDAX Today

in #bitcoin6 years ago

We were on the edge of our seats today watching the opening of BCH/USD trades being allowed on GDAX. A huge "sell wall" developed while the orders were received in post-only mode for two hours this morning.

There were around 8000 sell orders at the halted price vs only hundreds of buy orders!

When trading finally went live, the BCH price went from about $4300 to about $3500, and quickly returned to $4000.

It was a good show.

Price is currently $3604.

Good debate about Bitcoin Cash vs Bitcoin Core here. I can't help but notice how the Bitcoin Core guy was obviously reading off a script at times. I don't know much about Roger Ver but he seemed more reasonable to me:

Roger Ver interviewed by CNBC today:

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