While insider trading investigations still are underway at coinbase for the early trading leading up to the release of BCH on their platform many are still confused as to what all has happened. Still BCH is on lock down unable to sell or buy BCH on coinbase. (I suspect once it can be prices will drastically fall as people sell off their millions of BCH stored in coinbase wallets for the last few months)
One Reddit post might possibly hold the answer from a few days ago.
Just a few days ahead of the release of BCH on coinbase a user saw that BCH was actually listed on coinbases API. When setting up a new API key you can select what cryptocurrency you want to use. USD, ETH, BTC, LTC and low and behold someone says they saw BCH which clearly means it was about to be adopted and released on to the platform.
While no one has yet been able to confirm this as BCH was released by the time others had checked it very well could prove to be the smoking gun the triggered trading ahead of time. What will come of it? Time will tell but in new news our marketcap is now at 632 Billion as we bounce around between 600-650 billion market cap since the confusion of yesterday. Ripple also hit a new mile stone of $1 per ripple!
*Image pulled from https://www.insidermonkey.com/blog/10-illegal-insider-trading-facts-you-should-know-about-985/
I hope Bcash will fall, it can only climb up over the back of BTC and by spreading negative shit. It is a parasite using the brand and tech of BTC. Also coinbase lost my respect by being involved in this pump while still not having implemented Segwit
Totally agree with this its just taking capital form Bitcoin if you want a system that processes faster transactions for whatever reason then use one of the other 1,300 others ;P
Totally agree with you, I can't wait for lightning network either when it goes live as I tested it and the speed lives up to the name. Bcash also flooded bitcoin with small transactions while all this went down and there is visual proof of this posted online.
oh I totally believe it that alt coins such as bitcoin cash do shaddy things to slow down BTC with trash transactions to try and make theirs look better. They did it about 3 weeks ago as well when Segwit2x got shut down.
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because your post is very useful for meYou welcome sir @bitcoinflood
Interesting. I think Bitcoin Cash will be better off in the long run for being added to Coinbase. I wish they would unlock it.
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this is getting very interesting !!
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It's amazing what people will do for this silly little symbol $$$
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Coinbase does not buy or sell in my country, a fact that make me not use it. Let BCH also try its luck
thank you dear for awesome your post
I’m pretty sure Ripple was more than $1/XRP long ago before these data sites even existed to store historical values of non-cryptos like Ripple... I’ll stand to be corrected on the price tho :)