In my opinion the BTC will continue to fall because bch or bcc ( bitcoin cash ) is the upgrated version of bitcoin. Before BTC was the main way to access the crypto world through fiat now you can see on coinbase: they added BCC. That's why bcc go up.
Any cryptocurrency is an alt coin. I know that BCH is another alt coin, i'm just saying that it is very confusing because in some exchange Bittrex the bitcoin cash is traded in BCC/USD or BCC/BTC meanwhile in Bitfinex the bitcoin cash is known with BCH/BTC. Moreover, the BCH was created to solve the BTC high fees problem.
Zek, in response to your argument I would have to say that why would I use BCH when there are far superior alt coins in the market like litecoin, dash etc serving different needs?
I will tell you why lucygarrod, As you can see "Bitcoin Cash" has the word "Bitcoin" so the beginners of crypto will prefer those coins that has something to do with "bitcoin" rather than unknown name's coin. so 1 we can say that because of the masses BCH has potential to be most famous and invested=rise. 2 The powerful guys move the market, jihan wu, roger ver, ... =rise. Then BCH get popular so the merchants will accept this crypto. Skrill,Neteller,Steam... only accept btc for now. BCH has a big potential to be added. The crypto war depends on which coin is easiest to trade and to use.
Zek if you follow the logic of your argument, BTC is falling because BCH is better then surely BCH should also be falling because LTC is better than BCH.
In my opinion the BTC will continue to fall because bch or bcc ( bitcoin cash ) is the upgrated version of bitcoin. Before BTC was the main way to access the crypto world through fiat now you can see on coinbase: they added BCC. That's why bcc go up.
Zek, you sound like Roger Ver :) BCH is an alt coin which is why it is not called BTC.
Any cryptocurrency is an alt coin. I know that BCH is another alt coin, i'm just saying that it is very confusing because in some exchange Bittrex the bitcoin cash is traded in BCC/USD or BCC/BTC meanwhile in Bitfinex the bitcoin cash is known with BCH/BTC. Moreover, the BCH was created to solve the BTC high fees problem.
That is why the community is not loving Bitcoin Cash so much. It is just pure speculation using "Bitcoin" name.
Zek, in response to your argument I would have to say that why would I use BCH when there are far superior alt coins in the market like litecoin, dash etc serving different needs?
I will tell you why lucygarrod, As you can see "Bitcoin Cash" has the word "Bitcoin" so the beginners of crypto will prefer those coins that has something to do with "bitcoin" rather than unknown name's coin. so 1 we can say that because of the masses BCH has potential to be most famous and invested=rise. 2 The powerful guys move the market, jihan wu, roger ver, ... =rise. Then BCH get popular so the merchants will accept this crypto. Skrill,Neteller,Steam... only accept btc for now. BCH has a big potential to be added. The crypto war depends on which coin is easiest to trade and to use.
Read what I wrote below. Litecoin is much better than BCH - this was just a pump, the exactt scenario that happened last month
BCH is better than BTC, Litecoin or others alt coins also are much better than BTC. Pumps are normal scenarios.
That true bro..
Zek if you follow the logic of your argument, BTC is falling because BCH is better then surely BCH should also be falling because LTC is better than BCH.
I said BCH is better than BTC as other coins. BCH is rising because of the fact of coinbase. They are 2 arguments.
The more alt-bitcoins they invent or fork, the more people will stick to the original, never underestimate this