Bitcoin Forum

You might have already seen the stats,might have already known through sources and various blog posts how Bitcoin cash is bla blah blah but hey don't fall for it! As far as my opinion is concerned,sudden rise in the prices is just another pump which is a no big deal.The coin's going to fall down soon.
We have came too far to realise how exactly this works and to the newbies,please don't invest whatever you have into bitcoin cash because chances are you might lose them.

Another rumour is spreading around right now : "Bitcoin Core-The end is near" - We have see too many instances where people said the same for like the million times and bitcoin still is ruling the throne.

Most already aware of that, time will tell...

It also seem like bitmain is having a huge impact on the bitcoin cash bull run. Alot of these orders and huge bulk orders are being paid in bitcoin cash for hardware from bitmain.
I am guilty for picking up a bunch of bitcoin cash to pay for my bitmain orders this last couple of weeks.
Its been a very frustrating time when it comes to paying for these orders with bitcoin cash, too much work involved.

I do agree with the OP. BCH is just a worthless altcoin once whales start dumping their BCH we will again see price around $500 or below and investors will loose their money so beware don't invest in this trash.

What is happening now is really strange. All coins are falling and Bitcoin Cash is rising. I don't remember any thing special has happened to Bitcoin Cash which has caused this price rise. Investing in Bitcoin Cash is very risky as there is no guarantee that price don't fall.

yes because in the forums are also many who are targeting bitcoin and bitcoin own the day the higher the selling price because bitcoin remain on the board at the favorite level of everyone.

Yes ,they have nicely planned it to create some fake hype.Only idiots will fall for it.

Nothing special,what goes up must come down.Bitcoin cash is not rising,it is just pumped so people can lose their money as quick as they can thereby giving money to the pump groups.If you know how the crypto ecosystem works,you will laugh at BCH.

+50% is not an unusual happening here, 2x side joined with BCH side, enemy of my enemy. There is a lot of hashrate swinging around, massive FUD with "analysts" predicting 5k$ BTC pullback and a lot of new cash entering the market.

Bitcoin.com turning BCH only is also significant as all the new guys will think BCH is the real deal.    

I don't think anyone expected the Core opposition will go down silently.

I think it's going to be a long pump. I will buy in right now at these cheap prices. I think a lot of the bigger investors are making their profits and pumping Bitcoin Cash all next year, especially with CME Group and Goldman Sachs talking it up. I think they're trying to make it cheap for big money new to Bitcoin to get in and make some profits.

It doesn't look like natural price action, but it's still price action and we have to live with that. For months we have barely heard anything about Bitcoin Cash and now all of sudden it's going to take over Bitcoin? I have no idea where all those Bitcoin Cash supporters are suddenly coming from.

Please go ahead if you love losing your money in a jiff.What you idiots not know is how the technology works.You peasants are better off ruled by the  FBI and NSA.Do you even decentralise idiot ?


True.Let;s face it.If core goes down,just like me,every other Bitcoin fan would leave the crypto scene.

Almost $1000 :o  Wow  that is a huge pump.....  So you guys dont believe it is real ?  I dont own any personally.  Wish I had gotten in on it.

Actually it's hard to tell which is the right decision, right information , everyone will have their own analysis about that. Only time can improve that you're right or wrong. Like Bitcoin, noone can think that how valuable bitcoin is nowadays.

BCH's 24h volume $ 4.7 billion ( BTC 4.88 )

https://coinmarketcap.com/currencies/bitcoin-cash/

damn ! that's a lot

:o

It is too early for bitcoin cash to get this high. It is probably because of these traders who wanted to pump bitcoin cash and dump bitcoin and other alts at this point. I also believe that it won't last long, and by the way this is the best time to buy alts because of specifically low price because of the said pump.

It is just a fearful reaction to the segwit2x failure, bitcoin cash will surely crash in the next days and bitcoin will recover, still, good way to make some quick bucks if you can accurately predict it.

why continue to pay a fee of ~ $ 7 since other offers less fees, SG2 is dead, BCH is live and gives us more opportunity, I'm all in with BCH ;)

Just also mind how B2X dumped so easily these past few days and it happened overnight. If you guys would believe that this increase would go long for bitcoin cash, you might also lose a lot of money.

Are you saying that the money that was in the B2X futures and almost disappeared instantly could have used to pump Bitcoin Cash?

I see that maybe big investors are dumping BTC and pumping BCH. I don't know why they do that. But, It is the good time to buy BTC.

When is the last time a top 5 coin doubled in price in 3 days? These gains are nothing for micro caps, but the volume at these prices is truly impressive.


This looks to be the case. Tony Gallippi and Vinny Lingham dropping hints on Twitter that businesses are moving to BCH -- the war continues. I actually think the $5k predictions are correct, although I think there will be a monster bounce first that squeezes the late shorts out of their positions.

As I expected, the #No2X side celebrated victory too early. Before we could blink, the price dumped $1500, BCH is headed to the moon, and the 2X businesses are laying new FUD at Bitcoin's door.


I wonder how important Bitcoin.com is in the scheme of things, but that's worrisome. I had no idea they were passing BCH off as Bitcoin. It's actually really weird considering Jihan Wu's Twitter (https://twitter.com/JihanWu) today.

Going to pump again  :)

I agree with Patatas. Bitcoin Cash and will forever remain an altcoin. BTC is the leader and will be. This is just a temporary pump, meanwhile BTC price is having a correction.
Anyway, I disagree with your choice of not investing in BCH at all. It's true that BCH will never overcome BTC, but it can be a good a profitable altcoin though. So better to have anyway...

I think that OP means that now is not a good time to invest in Bitcoin Cash and I agree with this. Soon the price will fall after this pump. Better to buy some BCH after the price drops.

This is a real pump and dump scheme, we have already seen  one in the aftermath of the fork, the price will crash again at some point.

I was watching this coin closely because it is obviously a pump and dump.  I was actually more interested in how a coin is pumped in the first place.

I would see sell order for BCH that were in tiny amounts, like .01 or .02BCH.  However, there were TONS of these sell orders all just a fraction apart in price.  And then, at around what I assumed was kind of a "gate price", there would be a huge pile, like 40BCH for around .0145 or something like that.

So how I interpreted this, was that whales or pump and dump groups or whoever used that "Gate Price" to have casual traders post below that price (for example the 40bch at .0145).  Also, to have casual traders post even lower prices they would flood the sell list with small amounts of BCH.  So a trader who wanted a quick sale would naturally just look at the cheapest price than post their BCH lower.  All of these were picked up really fast (I'm assuming by the pump and dumpers) and relisted back into that gate price.  So this ensures that they can buy BCH at a lower price and sell for higher.

Every now and then, it looked like they wanted to break past that "gate" and suddenly all of the small transactions would disappear (I assume they cancelled their sell orders) and BAM! The lowest price is suddenly that "Gate price".  Anything that was listed below that was quickly bought out.  So it forces quick buyers of the coin to purchase at that price.  After the supply in the gate price was gone, then the process was repeated again up to the next highest gate price.

Whew! Needless to say it was incredibly interesting to watch and would be impossible to pull off unless you had a high amount of the coin to play with and a large amount of people doing the same thing.

I also had a lot of fun watching the pump and dump, speculating that it would start going back down at 1k once it was over 800. Is a good way of learning, great timing they had as BTC is going through correction, well planned out and a good display of market manipulation. Sure lots of people made lots of money on this pumping, I had already sold at 650 but I still made a few that I am happy with. I am looking forward to seeing the alt coins start to go back up so I can sell again!

As i have heard that the main reason of this price increase in bitcoin cash is due to segwit2x cancel and bitcoin gold failure makes bitcoin cash more strong and as real bitcoin transaction charges are high and confirmation is also low , which makes bitcoin cash more popular due to big block size due to that low transaction charges and fast confirmation of transaction. If i am not wrong then very soon we can see bitcoin cash become more popular then bitcoin

Very high risk  for someone should rushed in. mostly the investors loose hung amount and is good  to know what to do at right time.

Bitcoin Cash will cause a big loss for people dumping their bitcoin to buy it. I think it will dump dramatically soon.

Bitcoin cash is an improvement of the bitcoin. Why can't it replace bitcoin  core?
Are there features in bitcoin core that bitcoin cash doesn't support?

what do yo think about how you are gonna store these files? it will be huge. not everyone can download these files. bitcoin cash doesnt solve anything.

BCH will dump after the 13th.

Technically speaking, it may be superior to BTC, but it's not bitcoin.

Even though LTC is superior to  BCH, price is still low. What does that tell you...

Do the maths guys..It's very simple..

John buys 10 bitcoins at $4000 dollars each. This costs John $40,000

John creates mega hype for bitcoin and drives price to $8000 per bitcoin. John's Bitcoin is now worth $80,000.

John sells all his bitcoin and he invests all $80,000 in Bitcoin cash. Bitcoin cash is $500 a coin and so John now has 160 bitcoin cash coins.

John creates hype around bitcoin cash until it peaks at $2000 and at the same time he creates FUD about bitcoin until it reaches $4000.

Now with Bitcoin cash valued at $2000 each, John has $320,000 worth.

John sells all 160 bitcoin cash coins and buys bitcoin which is valued at $4000, so for $320,000 John now gets 80 bitcoins.

Bitcoin cash starts falling annd bitcoin starts rising and goes back to it's pre-fud and post pump value of $6000.

John now has $480,000 of Bitcoin.

The above is why the whales are pumping Bitcoin cash. Segwit2x was the pump for bitcoin, now they've bought in to bitcoin cash and will pump it and fud bitcoin, once they've hit target point and well before non whales who think they're clever and make their own target point, the whales will dump and buy straight in to bitcoin. Everyone will follow suit and drive the price of bitcoin back up.

As a human it is normal to speculate that bitcoin will encounter FUD because of Segwit 2x activation drama.

it is a big bang to know that bitcoin network is controlled by 6 persons which operates large mining farms.

if bch reaches 3k usd then ill switch to bch

maybe the circle of crypto currencies is like that and we have seen this over and over. once the news is out, then it will affect with the price and it will to another coins. right now bitcoin cash is increase and we don't know how much it will increase and its depend of people in the market and if we want to make profit then we can prepare to get in. but be careful for this because the price could jump in just any second and make sure that you research before you buy.

The only thing BTC has is its name. Enjoy it while you can

The op is right,it may be another shitcoin we should be aware of this and take OP's advice .just like BTG it would be DOA.theres lot of alts that reliable and tried and tested you dont have to gamble in such newly arrive with lots of promises coins

It is not hard to agree with this claim. I think the primary reason why Bitcoin Cash is pumping is that the anticipated SegWit2x was cancelled and therefore the Bitcoin holders, knowing that they will not be receiving give-away tokens anymore, went back to find some other options. Here comes Bitcoin Cash, which is claimed to be an option for Bitcoin holders. However, this is definitely very temporary.

This thing could have legs. You really can't argue with the price appreciation. It is either shocking or spectacular, depending on if you are buying, selling or on the sidelines watching. Right?

That's totally crazy pump today, its 3x already!
Bitcoin cash still is Bitcoin cash!
Bitcoin BTC BTC still is legend and the leader!
Hope people don't get lose on this dump and pump game from big whale!

Right!

Those people who held onto both coins after the fork are watching the drama with interest. Those who sold their BCH are a tad upset.

The future of BCH depends on adoption though - are people actually going to use it to buy coffee etc. If they do, and in large numbers, it really has a chance. But if it's all just hype but no adoption takes place, the price will fall back down again.

I think this is due to the end-of-year effect, everyone needs a lot of money to deal with christmas and new year.
a good chance for altcoin, they're long dying.

This is a dangerous rise by Cash, one surely the whales are on, I would be very wary over this pump, a dump is only a matter of time away.

It is just another day at the crypto soap opera. Bitcoin Cash is  just like bitconnect. Only with "better"* execution
* it doesnt spell scam but if you decode a bit more thou shall read  bSiCtAcMoin clone

I think this situation will not be long, it's just a strategy for some people to raise the bch, but soon fall back, I'm sure btc will stay ahead, it will go up like a few days before, so do not panic

Bitcoin cash is garbage compared to Bitcoin, it actually looks like some pump n dumpers tying to drive the price up. Bcash will use it like
all other shitcoins to make a quick profit then dump on idiots.

Today many people get lost due to lack of research and want to all run instantly.
We should not believe that altcoin is true even bitcoin cash because just a game of jumping and falling, sticking to bitcoin and not panicking about its value is a smart thing because it will not be long and will come out soon.

i dont even think that this can be a trap but the whale started to play it then they may look who can fall with this trap or let say that this was just shortly because for what was happen in segwit.

BCH will rise before hardfork(13.11.2017) to 1400 - 1600 $, and then will go down. It's my own opinion

Do not care all what's going on now, just trade these shit fork coins for profit, the only truth is bitcoin in the market and usd, I'll dump this bitcoin cash right now.

Thanks for that wisdom. And why is Bitcoin Cash "garbage"?

Legacy BTC is slow, bloated, and high fees without a solution for scaling. BCH has none of these issues.

Need more popcorn I think. At least some alts are going back up now. Monero is going to drop but then rocket to the moon making us all millions for sure!!

History repeats itself. 2 years Bitcoin was released when it is start pumping then few people and some analysts were bluffing that this pumping is fake. I didn't say that Bitcoin Cash is just the same with Bitcoin's but whatever sudden motion of volatility will be have effects from different observations.
Perhaps many of us cannot accept that Bitcoin Cash doesn't deserve being pump like Bitcoin's.

I traded some BCC and increased my BTC stack, excellent pump to increase your amount of bitcoins ;D

I think that what is going on is related to the struggle from those who hold the largest supply or maybe the BTC can't meet the needs of investors. I have a hypothesis that if BTC can't solve this problem soon, then BCH will replace BTC's position  >:(

Summary of the last 7 years of cryptocurrency history: "Bitcoin is dead! Long live bitcoin!"

That's a classic Pump and Dump scheme by Mssrs Ver, Wu and Wright.

BCH has no future as it aims at the centralization of bitcoin mining.
He has little support from major exchanges and the community too...

Damn. Good job man. Thanks for sharing this very valuable information about the bitcoin cash pumo. I admit, i was almost fooled by this coin because of my greed. Because i have seen a huge price on it and also because of all the good reviews that i get to read about it. I was really thinking of investing but now, i don't think so. I have no plans to invest and lose money instead of gaining profit

SOme people will cry if they jump on this BCash madness, the price will still go back to where it belong. Let Roger and co burn part of their Bitcoin holdings and those that need it will collect free Real Bitcoin

Exactly, i think it is just another pump and dump. Another crypto drama, the big players take the opportunity of the fork being cancelled to spread fuds.

anyway, who will get rich from that is only whales, since it was never really cheap
so i agree, have to avoid participating in that drama and manipulations :/

It can fall down easily as it has pumped hard, it is usual case in crypto, newcomers may follow the hype and lose their money. I might be wrong, but I do not trust this coin.

Don't threat them as if they know what will happen to them if they jump to bitcoin cash at the end of this pump. Bitcoin is still bitcoin and whatever will happen to bitcoin cash sorry for those late comers, I think this pump of bcash shall be done anytime soon. Bitcoin is now ready for it's way up high again, it did passed several tests for it's entire time. The ban on China, real test of Segwit2x and now this pump that is just happening together with the correction, don't make me laugh people.

Bitcoin Cash = fool's gold.

I never participated in Bitcoin Cash pump, I will never attend. I never liked this coin. I want Bitcoin to solve problems, I hope Bitcoin will live for a long time. Without bitcoin, I think the market is going to be very hard and the confidence in the market will be shaken.

There are better coins to invest other than BCH. Maybe not investor money pumping but a btc miner's money.

I personally don't trust Bitcoin Cash, it's quite obvious that it's a short term project with the only purpose of draining money from bitcoin and make some quick profit for a few people behind it.
And I think that nobody sober can buy into this BCH pump... it so looks like a classic pump & dump scheme.

I don't think it is a pump. You can see after Segwit2x is canceled, investors don't trust in Bitcoin again. They wanna invest in a better coins. And now they choose Bitcoin cash

Newbies like me shouldn't invest in Bitcoin Cash, but it is great chance to fix the profit for those who received coins for fork.

Such long pumps are well planned by huge whales. They spread fake news to affect the price and then dump it when it suitable for them. I don't believe that any coin will be able to move BTC from its throne in near future. BTC remains number one coin and it'll recover its position as soon as Bitcoin Cash will be dumped.

BCH is a scam. Some people try to make big money with it.

More and more people now understand what has happened.

As for the current PnD, did they run out of steam or are they regrouping their efforts?

The price seems to be manipulated really hard. Some whales (maybe the devs?) are playing around with the newbies.

Thank you for this information. And yes I think bitcoin will be the greatest cryptocurrency that will ever exist.

I agree with you. I dont have bitcoin chash. I just save bitcoin. I think what you say is true. but this is what happens to the market. everyone wants bitcoin core

At the end, bitcoin cash coming back to where it belongs, the #3 altcoins again, See the market cap, it has now back to normal and decrease again, all these madness just temporary and
bitcoin still number 1 as it should be, hopefully it will recover its price back to $7000 but, it will probably crushing altcoins so much.

Oh i'm not falling for it alright. It is a mere manipulation. They're funding it so that it will seem like many people are interested in bch but really, we all know what's goin on. Only fools will fall for it. Bitcoin is still number one.

I dont think so. Bitcoin has many disadvantages. There were hundred delay Bitcoin transactions now. If developers can't improve, there will be another replace Bitcoin. Bitcoin cash is an example

Example of what? How to pump and dump altcoin in few days? Did you buy some on +1.300$?
I'm checking on coin market what is happening every couple hours, this couple days are madness. I saw many pumps and dumps but the scale of this is the biggest one ever. Bitcoin cash cap is going down as trading volume, will it stay over 1.000$ now is the question, I think it will drop where it was, but maybe I'm wrong.
And did anyone invested on top?

I think you're right. however, there will be big sales after the bitcoin core will be distributed later. I just wait for the bitcoin to drop, and will buy it for a lot.

Trade if fun but the sudden rise of BCH will dump hard too, if you bought bch for 400$ then you can hodl just don't be the bag holder, it's not new with ALTS every day a coin is being pump. Even bitcoin price was hyped due to segwit then drop hard after cancellation of segwit. If you don't want a complicated life then just hold and enjoy the pump and dump scene.

As more money is entering this asset class, we are starting to see how big money can manipulate the market.  It reminds me how penny stocks can be manipulated, but it actually seems worse with Cryptos.  It’s kind of scary, and may be the downfall of Cryptos as an asset class.

While I agree it is frightening I think that in time the crypto landscape will change, while penny stock exchanges will always have penny stocks, crypto will grow so that eventually there will be so much money in a lot of the coins that it will take huge huge amounts of money to be able to effectively manipulate the price.

i hope that you can buy when the price is reach $59xx in yesterday because today it seems the price wants to increase and i see in poloniex the price is reaching $61xx-$62xx. so if you can buy at yesterday, i think now you can make your profit. i see many rumor about that but i don't think that bitcoin will end soon and another coins is replace bitcoin because bitcoin is still have a long journey and people can follow the journey and make profit with bitcoin.

Lightning Network will boost the Bitcoin and with its price. There is no coin that can replace Bitcoin, maybe good alternatives.

It won't last that long because there is another coin being traded with pretty much the same type of distribution (Bitcoin Gold).

Have you looked at the price of Bitcoin Gold lately? I don't think it has a future, especially with the dozens of other GPU coins around.

Irrational exuberance. A lot of new money is coming in. Its opportunistic and can not discern quality. Expect lots of volatility.

Looks like BCH is going to stay above $1,000. I think it's going to continue to make a run.

As we have been forecasting, the dump has followed the pump, even though it has been a quite smooth dump and it is not over yet.

Yes I do completely agree with op’s statement even I feel the same it’s a game of pumpers or big whales I been in cryptoworld world just about a year in this time I have seen lots of pump and dump game. Don’t get into trap people.

I have to agree with you, a lot investors who fell for this pump and dump have lost on their initial investments. For instance: if you bought when the value was pumping around $2000 with the intentions that it was going for $5000, you have made more than $500 loss, which isn't good since you might not recover it anytime soon. I don't see the value of bitcoin cash going above $2000 again anytime soon, rather dump to $300 once again, which is not good for investors who bought at a higher value. No matter what happens, stick with bitcoin.

BTC starting to fall again, get ready for the next BCH/BCC pump! Word from Roger Ver is its going to be the biggest yet. Go BCH pump! Sell BTC now if you haven't yet, before it drops anymore, get ready with your bitcoin cash for the next pump! Rise and repeat profit hunters!!

Thanks to all our friends to bitcointalk I didn't fell for this trap. This is a great lesson. Nothing special happens in just a week time to make price jump that much. So it turned back. I guess it will even drop more.

Thanks for the warning but I'm not the type who falls in hype and second is I don't invest and will never invest in BCC. This message should be delivered to many members who are curious why BCC lifted up and taking the second spot from Ethereum so the pump will not continue again.

Unfortunately a lot of people actually fell in this trap of bitcoin cash. If someone was following bitcoin cash they would have know that the growth was not at all organic and clearly it was pump and dump.

When is Lightning coming?

And whats your outlook on that?

indeed I agree with you. I think for the longer term ethereum will compete with bitcoin. so I am waiting for the ethereum to go back to 285$. bitcoin cash is just a short time pump by some whales

I think the ending events are absurd in my opinion
Who can be so sure?
We are still under the influence of Bitcoin like all altcoins
I can't trust Bitcoin Cash

Is bitcoin cash pumping again? I doubt it is not and even if it is, it will never take the place of bitcoin. The pump usually is to attract attention! Bitcoin has come to far for new hostile friends to reduce it's `impact and it's market. i will advice anybody who care to listen not to fall for seemly pump which are temporal!

Bitcoin Cash is stabilizing around $1300. Maybe Bitcoin and Bitcoin Cash can co-exist after all. Although at some point in the future Bitcoin Cash will be obsolete unless they put a lot development into it to catch up with Bitcoin Core.

In my opinion, btc will stay ahead, it will go up like a few days before, so do not panic.

That's a good thought of you and I will surely be careful and watchful about this altcoin Bitcoin Cash.

Thanks for your concern but if you know where to get in and where to get out I don't see any problem trading Bitcoin Cash. We already know people are in it for the money, not that it will dethrone real Bitcoin. :)