Bitcoin Forum

I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??

I wouldn't. I don't want to try to figure out what Ver/Coinbase and his cronies are up to and have to worry about knowing when to bail back out of BCH and try to buy back into BTC at a decent price.
I guess it depends on your tolerance for potential loss either way.

just another pump and dump game, peeps try to make more money, thats all.

it was probly just the ppl freaking out about btc futures being halted due to SEC. now they are moving funds to bch
also agree with bustedclub

I really don't advised that you sell your Bitcoin now, Whales selling their BTC and Buying BCH is part of their tactics to get income, and they are the only person who can do that since they can control the market with their large bankroll of crypto. But do not worry because they will be selling their BCH again and going to buy BTC again to gain more profit and Bitcoin price will still rise in the future.

exactly

For me this looks normal only because the movement of digital currency is very difficult to predict. It could be some time before all things turn around. We do not know what happened, but it is certainly the demand factor that makes the greatest impact on the price movement of Bitcoin and BCH. If you believe in a coin then I think you should try to wait some time to do the best analysis.

I don't suggest, just wait for lighting network release :)
It's good to invest on other good coins BUT BTC is The Whole Story;)

Regards,

I don't see any news about the BTC futures being halted.

its just an strategy of many price manipulators i guess :) dont sell on your bitcoin because its dipping , its just normal here a pump and dump to earn more profit from it :) also i dont think its the right time to buy bitcoin cash its pumping if you buy some of it and suddenly go to dip again you will lost your money on it :)

Do not sell your BTC, hold your coins.

What we're seeing right now is the part 2 of the Pump and Dump tactic that we saw back in November (P&D, tx spam, social media FUD), only difference is that the attack today is on larger scale. This time a bigger Bcash supporter, Coinbase, has actually made its move and is causing some major movements in the market. Since b2x on Coinbase didn't go though, Brian Armstrong and his friends have decided to go all-in on bcash.

Expect a bcash pump in the next few hours, followed by a massive dump later today when GDAX begins bcash trading.

Hi,

What you are writing actually makes no sense. If you the current price is lower than the price at which you bought, then it would be stupid to sell. Such panic moves make incredible trends but they should not exist.

Yes, some people are selling. And indeed, after bitcoin prices have skyrocketed, they wish to keep on making profit, thourgh other crypto currencies. If you sell now, you do exactly as they want. And you are not the one becoming rich in the end!

Don't panic. And do as you feel! ;)

Well for me, it is not that surprising. Most of the coins from forks are getting in mainstream right after the release in the market. It happened to Bitcoin gold and cash which before be more indemand that caused the value of bitcoin to fall. I would suggest you on not to sell Bitcoin but rather wait since for the long run, Bitcoin is way better.

No, don't sell your BTC. Do try to sell your BCH if you can.

This is more about Coinbase announcing they'd start accepting BCH immediately. I believe the news before was that it would take them up to January to be ready for it. Which they then halted (was selling for as high as $9000).

I think that roger ver has got once again active after his one month sleep when bitcoin price quickly rose to $20,000.It seems part 2 of BCH attempt to replace bitcoin.BCH is now being backed by famous peronalities like roger ver,craig wright and jihan wu.All those personalities just point out the network congestion in bitcoin and high transaction fee it has now which makes it hard to use for sending money and they say that bitcoin is now not in the form which satoshi wished.they suggest that BCH would fulfill whatever satoshi expected.

Apart from the view that the whales are just maneuvering, one reason for bitcoin cash rising could be the people actually are starting to use it more often, due to its benefits over bitcoin.
People are to use alts for transactions, so why not a bitcoin fork, seems more appropriate to use it actually.
Fast transactions, low fees, and huge support and development back up too. 

It's good time to invest on other good coins.

Do not sell your BTC now, save it! It's just a very reasonable year-end phenomenon. For now hold up until early next year. Bitcoin prices will return to normal after the new year. But if you want to sell it and buy BCH it's all up to you, I just give advice from experience I've ever experienced.

Well it’s a good moment to invest in BTC I guess.

Coinbase is looking into BCH insider trading (https://coinpricetracker.com/news/coinbase-freezes-bitcoin-cash-insider-trading-investigation/). I would hold steady for now until this is hashed out.

Funny thing about the last BCH pump, there was little dump afterwards.  Maybe time to accept reality and get on the BCH boat and straddle both (what an interesting image that conjures?) ;D

Keep your BTC holding! Its just bump and dump again. Coinbase plays it tricky :)

In my opinion, it all depends on the pumps they make so there is an increase what has happened, but personally, I never panicked with what has happened from that side so I will get what I want from the pump

I heard that some core Bitcoin team got out of Bitcoin, is it reason why BTC dump?
while there good news about BCH, and many people think that BCH is slowly replace BTC?

Coinbase opened it's doors to BCash and a bunch of BTC are being exchanged for BCash. This will result in a higher price for

BCash and a lower price for Bitcoin. I just hope people will realize soon that BCash has no chance against a full enabled BTC.

No Crypto currency will be scalable to the level of Bitcoin, once the Lightning Network is enabled.  ;)

I don't know if there's some kind of truth about some Bitcoin core team leaving. But there are a lot of FUD going around the social media right now. My advise. Don't believed everything you read. They are creating a lot of fake news to swayed to shift to Bitcoin Cash. It's really hard to filter out what's right with all the news coming out in the last couple of days.


You out of your mind? Why are you selling if the price is going down? You sell when the price is going up not the other way around. Bitcoin peak at $19,000 did you sell or what? Now you are asking if this is the better time to dump your coins? Better just hold on it and let the dust settles and don't panic. How many times do we have to remind people here?


Of course, they can overtook Bitcoin, and if this is another attempt from them, they won't be successful. But I admire them for pumping the price to above 70%. But we all know what's coming. A pump like this can't be sustainable. Sooner or later we are all going to see a crash and they will go back to the drawing boards again to plan another attack. Let's see how Lightning Network will help us reduce all this problems that we are facing. Its about time that they should enable it.

coinbase :)

That was because co-founder bitcoin.com sold all his Bitcoin and invest in Bitcoincash and coinbase exchange launch. The bitcoin co founder said that nowadays Bitcoin have higher risk , because it only used not for actual purpose , it only used for profits minded people that just looking for money and profit , not for what bitcoin can offer in future . That what he said , not mine.

I think there are some possibilities between up and down BTC and BCH prices can be very drastic. may be due to demand and supply factors or it could be due to the factor of the game of large-grade traders to reap profits by making BTC and BCH prices increased and decreased. but there must be advantages and disadvantages for BTC and BCH coin holders.

This exact scenario happened weeks ago that pushed Bitcoin Cash's price to 1,200+ USD. After a few days, Bitcoin began climbing again while Bitcoin Cash had its correction but recovered quickly. The price of BCH stabilizes and increased as well. The scenario last time will happen again and might happen again in our current scenario.
I suggest that you must hold your BTC for now and wait for it to increase in value before converting it to BCH.

I'm still giving my full trust in bitcoin although the drop is really alarming but like what is always happening I think we should not get panic and sell right away our bitcoins. I experience this panic selling mode and regret after seeing the revenge bitcoin has made and I don't want that to happen again that's why at this moment I keep holding my bitcoin and wait until the value grows again and hit a much higher amount because bitcoin always fluctuates and always appreciate no matter what.

I think you still don't understand the game. It's like the first one to sell is the loser game.
Holding your bitcoins will always worth something. And that is how important holding is. Look how high bitcoin can go and it's capabilities. Are you doubting it now?
I say it's a great time to buy because there are big dumps right there. I don't understand why people are just seeing threats and not opportunities. It's very sad that everyone is affected and spreading FUD themselves.

I agree, a lot of newbies who have just gotten into crypto don't even know they pay 5-10dollars for btc transaction when sending their funds between exchanges. I personally have been using, ETH and LTC for transactions. But from now on I think I will use bitcoincash for transactions.

Its already happened before, their playing again with the price of bitcoin and bitcoin cash to make some profit. Be careful with your move, if i were you i will not sell my bitcoin because in the next few days bitcoin will bounce back again. We have to be patient all bitcoin loyalist.

This is just pure hype, it has been happening since a lot of time, only those who were still holding their bitcoin cash are the ones who are the lucky ones.
It is just a switching game, they are never going to be the real bitcoin (and that is why they are trying to do) so dont need to worry about.

Why?
Because of high price manipulation.
Who is doing that?
Roger Ver
Why is he doing that?
Let me share a tweet here that I just read.
https://twitter.com/Bitcoin_Bullet/status/943530356178804736

BCH is a pump and dump coin nicely being used by Roger Ver by occasionally manipulating the price. This tweet sums up the story very well.

Really people in cryptos gives  lots of importance to every pump or dump now a days. BCH is nothing but a fork of bitcoin,  which is of course, better than bitcoin in tech,  scalability and TX speed.  But again what we are forgetting is that Bitcoin has become a store of value - like gold. Bitcoincash promoting itself superior to bitcoin on all the traits related to currency,  this comparison is flawed.

I don't understand where does the potential comes in picture.

Yes, that makes sense. I also like that idea, and as everyone says (which I personally believe to be the right one) Bitcoin is an investment for the long term. Soon I would not sell because there was some downfall, I have no doubt it will rise again.
As for the price increase of the BCH, what I think about, is that this is not bad, as it makes it clear that Cryptocurrencies  are definitely the future of currencies,
but Bitcoin will always be ahead

Yeah it is bizarre that only bitcoin cash the only rising coin while other cryptocurrencies in coinmarketcap had a price drop does it mean that the whales are pumping bitcoin cash? if it is then this is a huge price manipulation by whales especially roger ver he can change the market with his huge amount of bitcoins. Anyways you should sell your BCH now it might crash sooner or later

Because people are dumping btc and pumping BCH.. Its their money, they can do whatever hell they want. My portfolio is intact, I am happy with the pump. I have made a whole lot of money.

He is broke? I never said that. Wasn't he the one who made shit load of money on last pump? Those ""lots of people"" were buying BCH in last pump also. Why didn't that pump sustain? Why BCH came back to 0.1 btc? Wait for a day or two. Same gonna happen again. All those lots of people came in BCH because of Coinbase listing. Soon cash flow will be back to BTC. People buy in rumor and sell on news!

If you are in BCH, book profit and exit.

I abandoned all the BTC block size and mining algorithm nonsense and moved over to Ethereum. Not looking back. And ETH lets me invest in cryptokitties :D

i also think that this is because of coinbase which was lately announce that they are now accepting bitcoincash to be a part of thier holdings. its not also new to see that bitcoincash has pump because it is actually happend last month and i think that someone is behind it and manipulates it. some factors i might think of is that few people were switching on bitcoincash due to its lesser fees and faster process when sending and recieving transactions. overall bitcoincash had trully a potntial that is why it can potentially increase and pump.

i think yes before its too late and wait for big day in bch in 4 to 5 years just like btc

That's been a very steep difference between the two. Bitcoin seems to be decreased to few percentage. Same time bitcoin cash has grown more than 50% reaching a new ath above $4000. Hope the price of bitcoin cash will stabilize for a little and further can expect growth to happen with bitcoin.

Bitcoin is going up right now, well , it is not touching a new all time high again, but it is slowly recovering from the last dump. $17,200 and it is still going up.
Fucking Roger Ver, he really fucked us.

I do not think that decrease in the price of bitcoin for 200$ to 400$ in such a level is a big decrease. We always see fluctuation in the price of bitcoin which is very common. Currently we can see that the bitcoin price is now again increasing and hopefully will cross 20000$ today. Bitcoin cash price is increasing no doubt but still i do not think that there is any comparison between the two. Bitcoin as still too much potential and its price will continue increasing even in 2018.

I think heres the 2nd attempt of bch ceo manipulations where bch has taken advantage the incoming peak season.Another decrease of btc price..its not panic time as what had happen the last time bitcoins recover fast and after that dumps theres a rapid growth in bitcoins price and now lets see where bitcoins price will reach,if its manipulated or not still btc would recover and might surpass in our expectations.