Bitcoin Forum

Well, looks like that SegWit plan didn't go so well.  Everyone is leaving for big blocks.  Last one out, please shut off the lights. 

Can anyone explain me: why BCH? There was no such a big demand before the "fork" (and even after the previous one) thats why I don't think that all of that people are coming for the bigger block size. There is a lot of coins that could get a good pump after the fork get cancelled but why da hell people chose BCH?
It wasn't traded that mutch for the last time and got such a bug pump at once. Like someone planned to do it  ??? :-\

Big Money and Big Miners and Big Merchants no want segwit.

They left note.
https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/

It's chinese scam as you

Well the shit did hit the fan it's just another fun day in crypto nothing new to see here just a fancier version of carnage.  8)

Canceled SegWit, people sold BTC to buy an alt-coin, and everybody chose BCH. Then, they will sell and make fall BCH, to buy Bitcoin cheap again.

Good luck on the hostile take over:

1). Do you have ~ 100 billions dollars to take over.  It's not like you only need to own 51 % like the stock market.

2). Even if you have ~100 billions, you cannot even buy all btc...not all btc owners are in it for the money, so we will not give up our btc.

3). How are you going to spend your bcc if no merchants will accept your fake coins ??

4). Even if you can spend your bcc, you'd need permission from your Chinese government and Chinese miners approval - is that how you'd like to live you life ???

No problem. Btc will rise again as earlier. I think it will go down near 5000$. What do you think?

Do they have any support wall at 5k$, I think 5k$ is the bottom too but that just my hope and who know. maybe everything can be more worse.

What to do now?  ???

So what? Does it seems like all major pools aggree for SegWit2X while some of them has been quietly buying bitcoin cash aiming to cancell SegWit2X and get a huge profit now? It looks like such significant actions were planned before so as for me it looks a bit dirty. I'm sure that someone thought about merchants and the microtransactions.

Smart and easy explanation, thanks for it. That's how trading works folks, do not panic!  :)

Btc buy buy buy !!!

Really I want to know what is going on after the 1st of November we have seen many things why BCH is getting too much popular and Bitcoin is losing its value very rapidly? What is going on. Now the price of Bitcoin is at 5500$+ seriously from 7k$.

It goes to $5000 again and I think it is time to buy bitcoins again. This is temporary I think since bitcoin will rise again once there is another bitcoin event. Another day to buy bitcoins and gain profit after several months. Some bitcoin traders will be happy again not only me. Hoping for $10k price next month.

The Bitcoin Cash fork is on the 13th so we still have another day of BTC price carnage.  ;D

Bitcoin gold you mean, and Bitcoin cash forked back in August.

Nope, I mean the 13th. And well technically it isn't a fork but an upgrade to the existing Bitcoin Cash technology. https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/ (https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/)

The Bitcoin Gold hard fork is today - the 12th.

I would hope it dip to 1k or 2k - if you are a common man - now is your chance !!

This is so ridiculous:  there is no good reason for btc price to go down, accept for some greedy, Ego maniacs a-holes whose think they can own and control the newly found technology and financial system.  This is so against what blockchain and Bitcoin are standing for ...

Agree this is just temporary I really don't get why people make a fuss on this, bitcoin has been like this for several years already and it managed to get back soon ! Just hold your coins and it will rise up again soon maybe we can expect it on the next month.

The later you sell your BTC and buy BCH - the worse it will be for you.  The blind faith believers will get screwed the most.  Still love BTC and Greg Maxwell?   lolololololol!!!

By the way can anyone explain this chart: https://fork.lol/pow/hashrate ???
Does it mean that miners are switching to bitcoin cash? Is there any news about any major BTC miners or the total amount of bicoin miners? Just curious if it is losing their support or not.

Bitcoin Gold coming out in 12 hours is about to complicate things even more.  ;D I have a feeling something similar will happen with it.....and since it is technologically superior than Bitcoin Cash I guess this was bound to happen.

I'm going to scoop up some cheap BTC in the morning. Ciao

Don't worry since it is just temporary. It just gives traders time to buy a low priced bitcoin before it goes up again and give them to earn more profit. Maybe after an event about bitcoin, the price will grow again and it will be a good news for traders who holds the said currency.

The other side was slowly buying Bitcoin Cash, because they knew that they were going to pump Bitcoin Cash if SegWit2X tanked.

If they bought a lot before this, people would have picked up on this and they would have made less profits after the pump. These

guys are just waiting for the Bitcoin Cash price to skyrocket and then they going to dump like crazy. The inner circle will get the

green light to dump and the people on the outer circle will be left with the worthless Bitcoin Cash. Then they will move to the next

Alt coin {buy cheap and pump}  >:(

I had 7.2 BCH, and I gifted 4.2 away, not knowing it would be worth much more soon.
...I wont become rich in my life...but I have a heart. And it feels well.
So why do moose around because of your BTC? Enjoy.

Yup, it's another chance for the BTC long-term investors to buy at US$5K again. The cycles of Bitcoin is always like this, so I won't be surprised at all...

For those BCH's traders - now is the party time  ;D

At first,, i think Bitcoin is still fine. But seeing this price dive is a bit alarming.
Nevertheless, I still have faith in BTC!! :)

What is this craziness with BCH?

I am watching the price for only 20 minutes and it rose from 0.333btc to 0.499btc

What is driving it to go so high and bitcoin to just sit there?

Just unreal to watch it before your eyes kneel over and die like that. :-\

BCH is the same Bitcoin that you've known since 2009.  BTC is Bitcoin with some unstable weird shit (segwit) added on.  SegWit made the network fees super high (>$10) and the transaction times super long (1 week, 100,000 unconfirmed).  

The people voted with their feet.  I hope you didn't wait too long.

It doesn't take a genius to understand that BCH will win that fight.

AFter reading the link post given by you, it is clear that it was planned to sell btc and buy bitcoin cash so that switching from Bitcoin to bitcoin cash will become easy and in the end bitcoin will go to dust and bitcoin cash will gain the position of BTC. If properly reading the post the same thing is happening and from 3 days back as expected they have started to sell btc and buy bch/bcc and now they will very soon kill original btc and bch/bcc will take over it.

I think it works, look at the very rapid decline in bitcoin that yesterday is still $ 6800 now about $ 5645. many are big losers.

War is over, BCH has dipped at 0.5 as predicted, celebrate & buy BTC while it's still cheap!
(I wish I could, but I still got out with 1 free BTC out of 2 through that BCH crap)

BCH has just lost 1000$ within minutes. Yes, many are loosers right now

If this is legit, then wow. A dark and sinister plan to kill off BTC. And for what? The answer is right here:

"Eventually if Lightning Network ever makes it they will suck out the revenue from Bitcoin miners into their own pockets"

These people don´t care  about bitcoin, they only care about their money. Let´s take the next quote-worthy example:

"...investors (or really we should call them gamblers), who have been buying into the Legacy Bitcoin over the past 2 months will lose their money if they do not sell their holdings over the next week or so. In reality they deserve to lose their money as they were buying into a worthless coin without doing their research"

"People who sold their Bitcoin Cash after the fork instead of sensibly holding both coins and waiting for the eventual outcome will also be left with nothing. This will teach them for not doing their research properly and believing BlockStream/Core propaganda"

So basically, BCH proponents decide who is worthy to keep their money and who is unworty and deserves to loose everything. Wow, disgusting. A movement driven by greed and hatred.

I think its time to pull your sleeves and get more bitcoin aint it mate! Oh wait BCH is also pumping some how, and what should I do, should I go into BCH or BTC. Dam another tricky day for the crypto lovers. I believe bitcoin is just being as stable as rock on the sand and nothing can move it drastically and its not BCH shit for sure. So better wait for the bitcoin to come down little more and then buy it as much as we could. This drop in price of bitcoin is same as going from 4K to 2.8K and then again jump back to 5k plus as we saw last week. Now it is the time it could go crazy 10K soon. Better wait little more and hold that buy button to buy dozens of bitcoin if you have that potential. Crazy profits once more and the market is pumping soon.  

I wouldn't cry for them. Now let's hope that whoever stole all the money from greedy BTC owners, will put it back in BTC now.

The only winners here are the whales and big manipulators. Yeah, let´s hope things consolidate in favor of BTC

I think this is a temporary decline and should not panic...it should grow more

Yea, but, that's a bit normal for a cryptocurrency's markets. Hopefully Bitcoin's price would recover soon. most of the things that are happening with Bitcoin cash is pump only mostlikely some big hodlers would dump their BCH to BTC after a long time. We'll see :)

Now why is BTC going down a little again?

Surely not BCH, some are still trying to keep it alive, instead of going out with their profit while it's still time. Who would still put money in a timebomb capped at 0.5BTC?

Some miner are mining core bitcoin and selling it and buying Bitcoin Cash.

They get 3 or more Bitcoin Cash for every core BTC.

They use the core supporter's money to support the Real Bitcoin  : Bitcoin Cash

Miners will win, core will lose, it is the nature of how PoW works.
Miners are strongest of all, even the rich can't beat them.

Scam and joke

In just one day, bitcoin cash went from being a shitcoin to be the best thing ever invented

I feel like I've just crossed over into the Twilight Zone, where people have lost their memory and 30 IQ points, and are worshipping bitcoin cash as their new god

Until miners are left holding worthless coins.

https://news.bitcoin.com/swedish-pirate-rick-falkvinge-brings-humor-and-profundity-to-bitcoin-cash-debate/

Is that a face you can trust?
The CEO Rick Falkvinge looks like Snake Plissken:
https://media.giphy.com/media/h4IKNCasVwxkk/giphy.gif

Enjoy some more of this Pirate!  ;D
https://giphy.com/gifs/kurt-russell-escape-from-new-york-snake-plissken-QiFdVlxYkCupG

And who can forget Ver vouching for MtGox https://www.youtube.com/watch?v=UP1YsMlrfF0
Such a trio.

Bitmain blocked segwit2x from going through because they wanted to cash in on BCH.

Post from a very familiar face with some linkage to medium:
https://slack-imgs.com/?c=1&url=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FDOhVulMWAAAR3Ok.jpg

Talk and judge on this evidence for yourself that Bitcoin Cash is just that

A CASH GRAB!

Human greed seems to be a very powerful driving force in the latest events. The connection between SegWit2x and BCH events seem quite obvious now.

they are playing with us, there will be other changes in december

Well its seems that it was already been revealed and after that we are now seeing bitcoin to go up once more and sad for those who join the ride with bch as they been trapped now with the current downfall, still better to hold bitcoin as we knew that support will just come on its way.

This is all a mind game, whales manipulating the Bitcoin as they like. Let's see how the year ends.

I don't why people keep on telling that bitcoin is the falling because of the segwit. They should look at the price chart again then only they can understand that bitcoin price started rising from the past 24 hours.
Instead worry about the bitcoin just keep hold it or try to involve yourself in mining to support to mine the more blocks.