One question. I presume that the price of BCH on kraken will drop hard fast. Would the Chinese exchange 'viaBTC' keep a higher price because less people will try to sell there and maybe even more Chinese buyers on viaBTC?
You are viewing a single comment's thread from:
I expect BCH to crash pretty much immediately yes. If the price is higher of ViaBTC then traders will simply move their BCH to that exchange and sell it there instead, pushing that price down too. Traders will sell wherever they can get the best price.
Ok thank you for the reply. FYI, BCH wallet 'electron cash' is out.
http://www.electroncash.org/
Don't know if it is safe yet. I am even considering transferring some BTC to kraken so I can trade BCH immediately