Breaking News - Bitcoin Cash added to Coinbase and Gdax
No sooner than I find out about B2X being announced (28th December), Bitcoin Cash has made a historic move by being only the 4th coin to be added to popular exchange Coinbase.
Also adding BCH is Gdax. The combination of these two exchanges adding BCH has been a 44% spike in the price. With Bitcoin Cash now trading at over $3,000 it has some asking the question "is this the flippening?"
Have your say in the comments below.
Stay stoked frothers,
Fish
yes!
Kev jumping on the affirmatives for the flippening. I disagree but BTC has taken a hammering in the last hour so I guess many are agreeing with you..... or panic selling having no idea why their BTC is going down.
Not a fan of BCC so hope not 😂 People probably just taking out some profits for X-mas shopping. Think BTC will still remain dominant.
Dolladu you are on Steemit too? Following now.
P.S BCC is Bitconnect BCH is Bitcoin Cash (I made the same mistake when I posted my first Bitcoin Cash video).
Going live in 10 minutes dude. Hope to see you in the convo.
I'm a figure of your imagination OoOoo 👻
But yeah, been on here for a few months now. Sorry I missed your live vid, I had to go to work. I'll catch up on it when I can ✌🏼
Timely post. Keep in mind Coinbase did NOT distribute BCH to its bitcoin-holding customers last summer, so they will now be making those distributions which might incite a LOT of selling by holders who think others will sell too-- a "prisoner's dilemma" type situation.
That is the "yang"; the "ying" is that adding BCH to GDAX exchange will mitigate some of this selling so long as there's still strong fiat money inflows into Coinbase. Fiat money inflows come from financial institutions putting their first dollars/yen/euros into Coinbase and making their first crypto investments-- which can now include BCH.
btw your video didn't play
Great answer @harpooninvestor. Really well thought out. Followed for more crypto insight. I'll see what I can do about the video.
Massive spike for BCH incoming that will shock the world, what we've seen today is nothing.
Roger Ver made some very valid points on decentralisation and big blocks in his recent AMA, I would suggest everyone watch that to get the other side of the story.