Create account

2141d · Bitcoin Cash
BTC and BCH are not moving correlated, but the markets trading BCH are relying on income from USDT and BTC trades (--> currently BCH is not really independent)

2 / 7 1
1
replied 2141d
How is BCH relying on BTC trades?
replied 2141d
BCH isn't - but some major exchanges: Coinbase, Bitstamp, etc.
replied 2141d
Ah ok.
BMT322
replied 2141d
They’re have trading options for bitcoin cash when ErisX finally launches,
replied 2141d
BCH needs more volume - outside of the BTC system with no connections to BTC - to remain stable and strong if a worst case scenario happens in BTC and mining pools without BTC
replied 2141d
Yep. I agree. The volume has definitely increased since 2017. But it's still kind of low. It's the volume that's going to make the price blast off.
replied 2141d
Plus the biggest mining pools and payment processors in BCH are also in BTC mining


About Privacy Terms Stats