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[hibi3454]

Hello there everyone,

Did you guys know that:
CoinMetrics data reveals that nearly one-third of Bitcoin Cash (BCH)'s circulating supply has never been touched. Coinmetrics also reports that 2.3 million Bitcoins (BTC) have not shifted in more than five years — including 12.5 percent of the 18.4 million BTC in circulation. 32.6 per cent of the BCH supply hasn't ever been touched.

Thanks for reading!
What do you guys make of this?

 

[Brain]

This beg the question why is this so could it be about hoarding it or what exactly. What will be the positive implications of this? I think having answers to some of these questions will give us more insight.

 

[SCAMEXPOSER]

Hello there everyone,

Did you guys know that:
CoinMetrics data reveals that nearly one-third of Bitcoin Cash (BCH)'s circulating supply has never been touched. Coinmetrics also reports that 2.3 million Bitcoins (BTC) have not shifted in more than five years — including 12.5 percent of the 18.4 million BTC in circulation. 32.6 per cent of the BCH supply hasn't ever been touched.

Thanks for reading!
What do you guys make of this?

If is people that holding the 2.3 million bitcoins then very likely the price rise for longer time cos when the price shoot up lots of people will want to sell theirs making the supply exceed demand which will make the price drop easily.

 

[Brain]

If is people that holding the 2.3 million bitcoins then very likely the price rise for longer time cos when the price shoot up lots of people will want to sell theirs making the supply exceed demand which will make the price drop easily.

Yeah that's the law of demand and supply. I know a lot of people are hoarding their coins. People just want to make that huge profit when the price sky rocket just like in 2017

 

[Josemendez]

Hello there everyone,

Did you guys know that:
CoinMetrics data reveals that nearly one-third of Bitcoin Cash (BCH)'s circulating supply has never been touched. Coinmetrics also reports that 2.3 million Bitcoins (BTC) have not shifted in more than five years — including 12.5 percent of the 18.4 million BTC in circulation. 32.6 per cent of the BCH supply hasn't ever been touched.

Thanks for reading!
What do you guys make of this?

I think at first it will have a positive effect that will cause the price to rise , later it will experience a fall because the high number of BCH in holding which increased the demand and price , will also result to high supply with low demand when people starts selling .

 

[SCAMEXPOSER]

There are people who invest in these coins like bitcoin, ethereum, bitcoin cash etc and are not in hurry to sell their coins they just keep it there patiently for a significant rise.

 

[Josemendez]

There are people who invest in these coins like bitcoin, ethereum, bitcoin cash etc and are not in hurry to sell their coins they just keep it there patiently for a significant rise.

Yea and I see it happening soon . within the past few days there was up to 5$ rise for bitcoin cash , and it is a good beginning for it . more altcoins will do well in market in future years . the only challenge is knowing the right coin to invest

 

[SCAMEXPOSER]

Yea and I see it happening soon . within the past few days there was up to 5$ rise for bitcoin cash , and it is a good beginning for it . more altcoins will do well in market in future years . the only challenge is knowing the right coin to invest

The best is to invest in more than one of them just like luno has 5 coins you can split your investment in all of them and watch, you won't loose out definitely like yesterday litecoin has highest rise follow by ETH.

 

[Josemendez]

The best is to invest in more than one of them just like luno has 5 coins you can split your investment in all of them and watch, you won't loose out definitely like yesterday litecoin has highest rise follow by ETH.

That's true . currently I only invested in bitcoin a d ethereum in my luno wallet .
Am waiting for bitcoin cash to fall so that I can invest on it too .
Litecoin is still under consideration.

 

[Wisdom01]

I guess people are holding instead of selling bitcoin that might have be the cause , and for bitcoincash people are still holding and not sure on whether to buy or sell

 

[Josemendez]

I guess people are holding instead of selling bitcoin that might have be the cause , and for bitcoincash people are still holding and not sure on whether to buy or sell

If you have the money I will advice that you buy bitcoin cash , but you have to wait for the price to fall.
I believe that this coin will rise more , with time .

 

[Josemendez]

I guess people are holding instead of selling bitcoin that might have be the cause , and for bitcoincash people are still holding and not sure on whether to buy or sell

If you have the money I will advice that you buy bitcoin cash , but you have to wait for the price to fall.
I believe that this coin will rise more , with time .

 

[Wisdom01]

If you have the money I will advice that you buy bitcoin cash , but you have to wait for the price to fall.
I believe that this coin will rise more , with time .

I think ethereum might be the next big move because currently attention are been directed to the coin and I know further increase will take place as well , I will share the investment on the two

 

[Josemendez]

I think ethereum might be the next big move because currently attention are been directed to the coin and I know further increase will take place as well , I will share the investment on the two

Yea . that's good . currently I have invested on ethereum , and am waiting for bitcoin cash price to fall before I will invest in it .
These are the two coins in addition to bitcoin that worth investing.

 

[Wisdom01]

Yea . that's good . currently I have invested on ethereum , and am waiting for bitcoin cash price to fall before I will invest in it .
These are the two coins in addition to bitcoin that worth investing.

I think its ideal to invest on bitcoin cash now or maybe store it and wait for the price to increase to a large portion like bitcoin , so am not trading am only keeping it

 

[Josemendez]

I think its ideal to invest on bitcoin cash now or maybe store it and wait for the price to increase to a large portion like bitcoin , so am not trading am only keeping it

Well , that's up to you . but you have to bear in mind that the price is high now , so if you buy now , you have to wait for it rise far above this current high price before you can sell.

 

[Wisdom01]

Well , that's up to you . but you have to bear in mind that the price is high now , so if you buy now , you have to wait for it rise far above this current high price before you can sell.

Everything is luck because some people that invested in bitcoin sold theirs half way since they didn't believe the price will get to this point , so am optimistic

 

[Ewogboka]

When the price dropped to as low as $3000 lots of people decided to sell immediately the price hit $4000 to $5000 with the fear that it may fall again.

 

[Josemendez]

Everything is luck because some people that invested in bitcoin sold theirs half way since they didn't believe the price will get to this point , so am optimistic

OK bro . I wish you luck with that. I had similar experience with bitcoin cash , had to sell it two weeks ago and now bitcoin cash has risen more than the value it was then

 

[Wisdom01]

Did you make more gain when you sold ,because some coins have improved in price over the past 1 week well I will still make more research about bitcoin cash