The final countdown for the hard fork was over and at August 1st 20:30 pm UTC/GMT +2 hours BCH started trading at Bittrex and WHAT a price firework everyone is watching with huge volume increase! There is much volatility ahead!
www.coinmarketcap.com August 2nd 2:15 am UTC/GMT +2 hours
Bittrex exchange August 2nd 2:15 am UTC/GMT +2 hours
www.coinmarketcap.com August 2nd 2:29 am UTC/GMT + 2 hours
coinmarketcap shows huge arbitrage between exchanges!
animation from giphy.com
3:22 am UTC/GMT +2 hours arbitrage away from Bittrex at BTER now!
BTER BCH chart 3:22 am UTC/GMT +2 hours
www.coinmarket.com 3:22 am UTC/GMT +2 hours
Now it's done there is a new cryptocurrency or Altcoin in our crypto space. BCH or Bitcoin Cash in my point of view has some marketing advantages beside the technical features
1. it uses the famous Bitcoin as springboard to build it's reputation fast!
2. Bitcoin Cash can be pronounced fluidly even by a german ;) .. and it sounds cool!
3. BCC or BCH has the potential to be the cash alternative to DASH with already much bigger market penetration with Bitcoin
Just a gut feeling, no deeper analysis, but it takes of further .. like a rocket!!
What do you think of the new Bitcoin Cash just a Fake Bitcoin or a famous currency??
UPDATE August 2nd 3:00 pm UTC/GMT +2 hours
Bitcoin Cash reaches $1,000 at Bittrex and even $1,100 at Yobit! And look at the Arbitrage it's up to +100%! Ridiculous
What are the hopes and dreams for that currency right now, what drives the price to such heights?
August 2nd 3:00 pm UTC/GMT +2 hours
Ethereum encirclement by the Bitcoin-Brothers! :) never thought that would happen because so many ridiculed BCH(BCC) before, but wait what happens after that huge rise..
animation from giphy.com
Think of the resisting market cap of Bitcoin. There is new digital money flowing into Bitcoin Cash like everyone had waited for the forked currency?
August 2nd 3:00 pm UTC/GMT +2 hours
UPDATE August 2nd 4:06 pm UTC/GMT +2 hours
The pump of Bitcoin Cash is over. That's it for the moment, no worries!
Stable Bitcoin beside the ride of Bitcoin Cash
picture by onetin84
Exciting times ahead steemit friends! All the best!
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