Bitcoin Forum

Bitcoin cash has taken down Ethereum by over 8 billion ATM.If it continues the same pace it will take down even Bitcoin.What do you think.Will it take town bitcoin?

nope, never believe that, that pumping action of bch will never replace bitcoin place.

ill change my mind if in the next 24 hours the price double again xD

Same here. I still believe in Bitcoin and I am sure Bitcoin will have its comeback again after a couple of days. Bitcoin has experienced all ups and downs and this is just a little bump on its way to $10k rate  ;D

That is normal, Bitcoin cash is bull up by lots of whale. That the reason it replace ETH for 2nd position .

The price has insanely gone up and the fork will be done on 13th which is tomorrow, after the fork is completed price might drop again.

No it will not take down bitcoin. It will only take down bitcoin if people will not pour their money back in bitcoin. Additionally this is just a cylce so after a few days the money will be back to bitcoin.

It is started losing again. BCH is a crap.Dont believe in it.It will be back to the same price.Dont worry.

I don't understand how could anyone possible do such a thing! BCH market capitalization is 40 billion dollars right now. Am I wrong if I think that to pump such a coin one needs an investment of some billions? I thought no country in the world could afford that. Moreover, even yesterday there was only one solid article on bch going up, so what we see now is not due to the news. And there's still no news on bch worth $2k+!
I think it's a temporary thing anyway. Ethereum will have its second place again after this craziness finishes.

IMO, Bitcoin Cash is just a pump. It will not take over Bitcoin. And it has to stay in top 2 to really win Ethereum, let see how long Bitcoin Cash can stay there.

today, bitcoin cash price very extremely grow up, more than 150%..
its high value for new crypto.. but for take down bitcoin, you  need more than statistic/data. there is stronge community will support bitcoin all out

Yes you are right.It will be back from the second position when the craze finishes for it.

I think its not possible to take down btc.btc is king of crypto currencies.bitcoin cash price is drop again after the fork is complete 13 nov

I never thought BCH would rise up that high and that fast! But Bitcoin Cash will never ever overtake Bitcoin in terms of market value. After some time, everything will go back to normal, BCH price will go back to ~$1000 and BTC will rise again and will hit it's all-time high. The rise of Bitcoin Cash's price is a good short-run investment, then exchange to Bitcoin. No other crytocurrency will remove Bitcoin on no. 1.

Polo blocking orders ?

I think bitcoin Cash would down to earth tomorrow,
maybe we can join the futures and earn some money

Where do you the information that bitcoin cash is overtaken ethereum?

Compared to ethereum, the bitcoin cash price is still volatile unlike in ethereum where the price is between $290 to $310, almost constant to $300. I still prefer ethereum more than bitcoin cash. Ethereum is still use to fund ICOs and bitcoin cash is not so still ethereum. At the first place bitcoin cash is just made to regulate bitcoin.

yes bitcoin cash has replaced ethereum as second position and the price is jump into almost half of bitcoin price. i see in poloniex, bitcoin cash price is up to 0.5 btc per bitcoin cash but its down, i think the correction price is coming before its increase. meanwhile bitcoin price is going to down and now reach $59xx. i wonder when bitcoin price is increase again so peole can reach another profit from bitcoin after they are party with bitcoin cash.

I think it may be easy, but now:

As we predicted the day before, the main attack is on bitcoin. In the morning, Sunday. while everyone is asleep and do not understand what is happening. On the same day, when the Bitcoin Gold network is launched and the day before the Bitcoin Cash hardtop. That is, specifically created a complete chaos for maximum attack effect. And so that this does not seem too small, the bitcoin network is attacked by spam transactions with a low commission ...

BCash then you do not bitcoin. These are the same corporations behind which the governments can very much stand. If bitcoin is decentralization and market freedom, then BCash is a group of monopolists. who will dictate terms and manipulate prices even more. In their hands, as we warned in the summer, the huge reserves of these coins and all the pumping that goes on and will go on in the future will be done solely for reasons of control and enrichment of these groups. The remaining members of the BCash network will be there as an expendable item. Well it will not end anyway, so do not make a long-term bet on this project, and when entering such pampas as today, be extremely cautious. And it's better not to get into them at all.

Take down bitcoin? Yes in dreams but not this reality.
Took down Ethereum? Are you even sure of what you are saying?
You rely on the number of BCH sold? How about users? Have you ever counted how much users is there.
I bet there will be just a number of it or they could just be the ones who took the airdrop from that coin and just waiting for the right time to sell.
It will fall. I promise you.

Situation of bitcoin cash made me realize why I dislike crypto. I didn't lose money anyways at all, I had very small amount of cash and sold it around $1000, so it costed me like another $1000 to sell early but, this 2 day pump is very lame. Shouldn't have happened at all for regular currencies. This much speculation is unhealthy.

All you noobs... You do realize that Satoshi never envisioned segwit?

You do realize that Bitcoin cash IS much much closer to the original Bitcoin?

You talk about BTC being the original. That is just a lot of crap talk.
Current BTC is the alt coin.

Segwit is what enables centralization, the exact thing that was not supposed to happen.
 

if ever bitcoin cash going on the top 2 spot of altcoin, its only on the beginning. after the cancellation of segwit2x, other altcoin need a little bit adjustment.

I don't think so but it's possible. Personally, I will still go with Ethereum instead on Bitcoincash. Last time Bicoincash went down to more than 50% from around $1000 last time if memory serves so that might say something.

There is no way it will cross Bitcoin. Its just pumping for the fork reason. I believe in Bitcoin.

yes everyone put themselves in bitcoin cash after segwit2x failed,
and bitcoin cash price skyrocketed twice from previous price

agree this was just simply price manipulation to make miners jump to bitcoin cash ! after this bitcoin cash drama it will be dumped soon and miners will hop to bitcoin again soon , this happen already for several time I am pretty sure that bitcoin will make a come back pretty soon and I am waiting for it !

It's basically head to head with Ethereum right now though it's really fluctuating between the second and third spot. When it gets dumped, it gets into that third spot. When the price gets pumped, it gets into that second spot.

Still a LOT of hype surrounding BCH being the "real" bitcoin or whatever, but that should fade away during the next week.

Due to this hype, it's actually possible for price to go even higher right now, potentially 0.3-0.4 BTC again.

Sure at this moment Bitcoin Cash position number is top two.Good time passing BCH holder & got big profit just within a day BCH turn into double.But i think after some days it will be dump.Although ETH price under BCH but ETH future more bright from BCH.

I told myself exactly the same. Those things let me really questioning the whole cryptomarket, because Mining Pools and big whales can control completely everything. While the regular man just has to hope to be lucky.

Very unexpected growth, I regretted that I used to sell this coin, now, it was very good to earn money, but personally I think that this is all temporary, and bitcoin will not replace anyone

There's a strong possibility that Bitcoin Cash that is been the hard fork of Bitcoin will take over Bitcoin's seat as the most expensive cryptocurrency by the end of the year or early next year.
The sudden price increase of Bitcoin Cash is unforseen, and predicted and it shocked crypto enthusiasts because Ethereum is the second high valued cryptocurrency last month.
While Bitcoin is getting weaker and Bitcoin Cash is getting the attention of the world.

It's just a huge scale pump and dump tbh, most of buyers are from Korea, ain't that suspicious? It's not like cash from BTC is flowing into BCH.

Indeed everything is temporary but everyone is thinking about Bitcoin's fall and under attack. It is unfortunate to Bitcoin investors but it's an opportunity also to other people who want to invest cryptocurrency while Bitcoin Cash still cheaper.
Although some people are expecting Bitcoin value will fly back but we can't conclude that Bitcoin Cash sky value is temporary, I think it will continue to rise also together with Bitcoin's recovery.

If they can make Bitcoin Cash succeed by surpassing the value of Bitcoin highest peak last week then it is a clear message to everyone that cryptocurrency can be manipulated by Giant Whales. They decide whether pump or dump.

So so true and the result of this will just be that people lose the whole trust in cryptocurrencies.

I think no. Bitcoin has very large and loyal community, which does not allow BCH to bypass them.

bitcoin cash is a better version of bitcoin, so it get high attention from big whales, i am sure they will pump bitcoin cash faster and higher than now, i think bitcoin cash will surely drop down in few days fom now because rising too fast in a short time will surely a bubble that will blow in future.

The market is gradually recovering and the BCH is in the top 3 .Although BCH solves problems that BTC hasn't done yet, it seems that people still believe in BTC. Now is the battle of trust and from now on decided to belong to investors.

Bitcoin Cash just went on 3rd place again after some correction ;)

It is unfortunate that some group of people are causing more harm than good to cryptocurrency as a whole. If bitcoin go down everything will go down with it and we would all have to start from the scratch again. Bch attempting take over is not good for any one.

already etherium is again in 2nd place

i think this is a big pumping because of the unsuccessful  hard fork. be aware. i won't invest in it.

I reckon this is absolutely true. And all these forks are so bad for the overall credibility of the market. The masses need to come, and with all the different versions of Bitcoin, it's just gonna confuse your average chaps.

I just read this and thought the price prediction is wildly too high for BCH in June. Wouldn't want to get in the mix even at half the price of that prediction: https://www.gamble.io/news/bitcoin-cash-should-you-take-the-gamble

It actually hit $3000 in the middle of the night. Which is incredible. It's back down again.

Remember that 75% of bitcoincash coins haven't moved. Most people have held onto them and Coinbase hasn't distributed the BCH belonging to their users yet.

It's possible that some of the holders of BCH will be tempted to sell at these prices, so I expect a drift downwards. (Note the miners can't sell their newly minted coins till they have 100 confirmations). 

Yeah that's insane, was almost 0.5 value of BTC for a moment.

Even I am now a full member I still don't understand the number I am still under in progress to gain more knowledge about this. Now I want to share my thoughts of this issue and in other words people talks about due to value changes.

As of I I see that Bitcoin value is little by little rising again and I see no problem about this due to my patience and as I see for now again bitcoin  will still be bitcoin . unless bitcoin cash is used in transactions made by ICO and other companies.

In my own opinion and observation bitcoin cash will not overtake ethereum and bitcoin. It is temporary flying high and it will drops fast. Just like now bitcoin cash will suddenly drops and ofcourse it will not taken down btc and ethereum.

As soon as the most people cash out BCH, they'll for sure come back to BTC, because the price is still good now and you could easily get 0.2-0.25 BTC. When this happens we can also see BTC raising again, but atm people are scared or not sure what will happen next.

it was the usual unhealthy pump. with 2700 down to 1400 to fly for half an hour is incredible. Someone pump then merged. All clear

no, I don’t  believe that Bitcoin Cash can take down even Bitcoin. I think bitcoin cash price is drop again after the fork Complete.

Bitcoin cash prices have suddenly increased due to the increase It looks like it's coming in the top 2 number. Suddenly, its price went around 2500 USD.

it will not take down bitcoin in a short period of time , not the total marketcap become the third in coinmarketcap

but bitcoin cash is really surprised me .

Every time a coin pumps hard, it seems to not stay there and dump to where it started.  I am not saying bitcoin cash is going down to zero, it will more than likely decrease significantly down to pre pump.  I personally think that bitcoin will recover and go back to 7400 per bitcoin and gain more value once the transactions have been verified from their backlog.

Yes, that is right, I think this pump is caused by some big whales, and they have enough btc and they are controlling the price, technically, I do not think it will replace the bitcoin, the most obvious thing is that the bcc is not so popular as bitcoin.

Increase its value is the best hope for BCH to keep alive. I'ts only a pump and a good time to buy some bitcoin.

A new BTC ATH will come soon... as always.

the bcc price will surely dump, but it may never back to the start place, almost half of the hash is now mining bcc, its larger than btc, which means a huge profit group is behind bcc, they will not allow the price dump much

I do not think that bitcoin cash will take down bitcoin but I would not underestimate Roger from here on. This guy has some real money backing behind him and I am sure it was him who made bcc pump the way it did today.

1    
Bitcoin    $103,597,838,540    $6212.41    $9,028,620,000    16,675,950 BTC    -3.15%    sparkline
2    
Ethereum    $28,893,202,695    $301.97    $1,440,200,000    95,681,411 ETH    -0.10%    sparkline
3    
Bitcoin Cash    $27,797,208,016    $1654.89    $9,567,040,000    16,797,013 BCH    32.35%    sparkline
 now is TOP3, but this great!

Yes, I heard this news this morning. Everything happens in a crazy way. Bitcoin Cash has grown very well, its value has increased drastically in the short run, according to coinmarketcap, the bitcoin cash price has risen to 2,306, an increase of 266%, a rather terrible number, it has taken over the top 2 of eth. However, now everything is back and eth has returned to its place. Besides, I think BCH can not replace Bitcoin, although it is developing well, but to replace Bitcoin is not easy. Bitcoin is still the leading and most powerful crypto :D

Looks like a hostile takeover

It is just a hype and manipulation by the miners and the whales in the market and since it is the hype and trend in the world of cryptocurrencies then it is gathering a lot of attention from the investor and traders and that takes the bitcoin cash in the top 2 in the overall market of the whole cryptocurrencies but i don't believe that it will be the next bitcoin.

I don't believe in long life bch. But it seems to me that those who now holds the Ethereum need to think about. It seems to me that the era of his fall. After profitability fell prey eth that was to be expected. The miners have chosen bch. Small miners they are scared. Now the question is where will flow the capital of eth. I think it would be btc.

I think the price is very much manipulated!

I think BCH will hold its second place in a short time and not be long, but in the future if BCH can completely replace traditional Bitcoin, then BCH will be in top 1 position and not Who can compete with the BCH

It is really crazy, but they will learn the hard way, let them continue to baghold their Bcash, and release BTC to the market. i saw the trading volume on Bittrex it was as high as 160K BTC on one exchange

Not any more, because the whales took their win and the fork will force the price down. But there were quite nice swings.

Seems like a group of whales has agreed to create a market strategy to make room for Bitcoin. Bitcoin classic closed and all of its shares were funneled into BCH. The pace is too high to be merely a market move, it’s due to the closure of classic. How long will the surge last, maybe a while if perspective shifts toward BCH. It seems deliberately staged to take Bitcoin down ...

Agree 100%. You can see it from a mile away..

It blew my mind to see BCH in the top 3 today.. I missed it at No.2.
This is totally crazy. Seems to be a bit of correction now though.

Unfortunately, this is going to get a lot of new attention and interest for BCH.

Could anybody explain, what is the reason to BCH grew up so much?Whales manipulate, it’s sure, but is there any other really reason?

Maybe the fork taking place tomorrow? Everyone who holds Bitcoin Cash will get Bitcoin ABC.

And now it's not. That was a preview of the planned pump and dump. Second dump predicted around 3:30 EST today.

Reversal tomorrow. BCH down, BTC up.

Vitalik Buterin sent a tweet about this and said "Congrats on this. Seriously." to Roger Ver.

https://twitter.com/VitalikButerin/status/929558722170429440

Vitalik shouldn't forget that he's going on the way which was opened by bitcoin. If bitcoin doesn't exist, Vitalik wouldn't exist as well. He's forgetting this. Vitalik will regret for this, I'm very sure.

The primary reason is that whales like Roger Ver etc got together and came up with a strategy to pump bitcoin cash like crazy through bitcoin classic which is obvious market manipulation. The other reason is that the closure and reopening of the segwit2x fork also seemed to be a deliberate market ploy to reduce the value of bitcoin in whatever way possible according to me. The whales are not done yet, but bitcoin will prevail at the end of the day.

I know At this moment you think that bitcoin cash is in top2.But I think Your  thinking is wrong.Maybe your question might arise in your mind,Why my thinking is wrong? Because If any coin give you double profits Then it can not be a good coin.I think Top 1 is bitcoin and 2nd Top 2 is ETH.

Hi, on this youtube you'll find a good answer about this manipulation, it's also really instructive about the cryptoworld, traders, influence and so on : https://www.youtube.com/watch?v=MDKnG54qTvc

I think that the experts tell the truth when declare that Bitcoin cash – coin-parasite the aim of which to devaluate Bitcoin. This is the difference of this currency from other altcoins. But in a short term period it will be quite difficult to smash Bitcoins. BTC has enough power yet.

Yes, it is, but I doubt it will beat the king of the cryptocurrency market. Its stunning and unbelievable growth will stop very soon, and the market will be stabilized. I suppose wise people won’t rush to exchange BTC for Bitcoin Cash.

Yes, on November 12 this news has been discussed everywhere. As most of us know Bitcoin Cash fork is coming, and this will be another surprise for those, who deal with altcoins. As for BTC, it is slowing down its fall.

Bitcoin is always the best.I believe that when the Bitcoin Cash can not go into Bitcoin position.Bitcoin prices may return to the previous place in a few days.This situation has happened due to the fork

Yeah, think so too..

I believe a small impact of fork is felt upon the bitcoin network as a whole causing a price increase on bitcoin cash and price fall with bitcoin. Now it has begun to grow and seems to grow further with good momentum so to cross the past ath and record new ath.

LOL, very interesting that bch is now so high

Frankly I don't think Bitcoin Cash will be top-3 for long time. My bet is that BCH will be dumped a lot in few months.

That is right. when the time bitcoin cash that time also they were hitting second place but that coin dumped to 200 USD around. Now after the segwit2x failure again we see the ethereum and bitcoin's value again started bumping in the chart.
I expect the bitcoin cash would be go to crash and will reach to number 10 or more low in supply and value.

It is not impossible for Bitcoin Cash to be the next Bitcoin after few weeks because Marketcap value is increased the Ethereum is already behind due to Bitcoin Cash' bubble pump. Last week is Bitcoin Cash' moment after the cancellation of Segwith2x Fork by Bitcoin and a large scale crypto miners were shifting from Bitcoin into Bitcoin Cash so the motion happened after a hour they address the public that they're conducting a shift. So then Bitcoin Cash have a sudden attracting investors and miners has sudden huge profit through Bitcoin Cash.

Frankly, Bitcoin Cash must have to try as they're supported by large scale miners and the investors were increased. Marketcap also increased and the value is hiking to the top. Let's see on how Bitcoin Cash can handle such pressure and threats from Bitcoin supporters and I guess this is the message that Altcoins has a good future to compete Bitcoin in terms of pumping and a number of miner shifting from one cryptocurrency into another.

Good Points!

BCH just benefited from the canceled x2 fork. I do not believe that this high price will last long and certainly not a BTC  displaced,  BTC is just too big and above all too well known.

But what can happen is that BCH will settle in the area of ​​ETH or a little bit abovet. This it is not necessarily bad. I think the more high-priced coins are around,  the whole crypto world gets better known to the masses. If this really happens then we early birds will take a huge  benefit out of the boom

BCH is being controlled by the chinese,and they wont succeed satoshi wont allow it even the whales are going to support btc.

You see what I said:)

BCH is now falling as expected. It is very unusual for a coin as young as BCH to pump that big, it is obvious that someone is controlling it. Nothing can replace bitcoin.

Roger and Jihan = BCH
two mens are controlling this coin, and they are fine fellows, but nobody is percieve BCH like something serious. When it's pumped - good, we can trade it, but this coin can not grow itself, only pumps for Rogers money  :)