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RE: Bitcoin Cash Launched - Stats Up to Now
Short-trade or hold it long, which is better? Following you now @bcn ...Thanks for the info @kingscrown.
Short-trade or hold it long, which is better? Following you now @bcn ...Thanks for the info @kingscrown.
once you can deposit on the exchange I expect the price to crash.
What does it mean to deposit on exchange? If you own btc on Kraken don't they just credit your account on Aug 1 at time of hard fork??
Kingscrown needs to fully describe why arbitrage doesn't work. Sell bcc on Kraken and then fund cheaper exchange w btc to buy bcc cheaper and you collect the premium, no?
yeah people do that but they cant right now and that is why there is a huge difference in prices from exchange to exchange. Once people can do that the price will even out and I even expect it to drop a bunch.
I managed to buy some BCC for about 0.08 BTC yesterday, but not much due to the fact that market wasn't formed). Buying now is highly risky. In short term the price will drop as soon as deposits and withdrawals are opened on exchanges and transactions get confirmed.
Hold it, now trading at 0.4 BTC on Bittrex (>1000$), however Bitcoin cash is now without a doubt a bitcoin contender, see my blog about Bitcoin Cash
An inflated price doesnt mean its a bitcoin contender.
@matrixdweller
Gd to see you;)
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