Bitcoin Forum

A hard fork of bitcoin cash is killing the market !
Share your opinion about this man. You think he was mean ?
How do you feel about such people ?
Quote words
Dr Craig S Wright:
To all BTC miners...

If you switch to mine BCH, we may need to fund this with BTC, if we do, we sell for USD and, well... we think BTC market has no room... it tanks.

Think about it. We will sell A Lot!

Consider that....
And, have a nice day

(BTC to 1000 does not phase me)
 >:(
https://twitter.com/proffaustus

Soon the market will be fine again.

When the dust settles, you'll see on how they are going to turn their back against this war and will return to the king. And he even said he can make the price of bitcoin @ $1,000. I respect him but I don't trust him with his words after all of these events.

this is the principle of the crypto market which is decentralization no one can lead the market a lone and so i think it will be fine soon

I just don't believe everything he has said about bitcoin. Whatever that is happening now to price is just for a certain time and I'm not looking at $1,000 . We are going to be shocked how price will bull after the whole issue around bitcoin. Hodling on for this time.

I agree with you, but as I understand it, the market must be based on people's trust, and this man has acted meanly and out of his ambitions wants to destroy it. I think people will stop trusting him and he will have many enemies.

thats not affected the marketcap of bitcoin,,
you see if bitcoin still be a leader on market capitalizations my friend
so, don't worry ,, decentralized is a fair system, no one can control it  ;)

This is a farce of encrypting the market. Totally operated by two selfish people. The encryption war launched by them has already affected the market decline. This situation will continue for some time.

BCH fork has been a fundamental element for price action for the last week. Wright's words and posts are always exaggerated, and I don't think it makes any good to Bitcoin Cash. Anyways, BTC will remain number one (at least for the next year).

Problem is, he brought down the market a few days ago. I also don't believe bitcoin can drop to  1000 $

My friend I understand that bitcoin will always be a leader and will dominate but I am very sorry that this man made a deversion in the market )

I don't think it's easy to replace bitcoin at this time, we can see from some coins that try to replace but fail. A bearish market like this is due to a normal cycle in a trade

There are many challenge that impacts negatively on cryptocurrencies.
While we lay blame on these guys; let's try and ask ourselves many questions like: Where are most of the funds raised via ICO's kept.
Cryptocurrencies were supposed to be cash backed yet; some ICO project organizers will prefer to stash most of these funds in their Fiat based bank accounts.

This is quite bad and needs to be checked.
Nevertheless; we expect a befitting and joyful news in the cryptosphere.
Crypto enthusiasts will smile again.

Craig Wright also claimed he was Satoshi. People try to take advantage of any sort of hype situaltions thus promoting their names. And then he will be paid a lot for being mentioned as the head of the advisory board of numerous ICOs.

Can he sway the whole community to sell, I don't think so Bitcoin will soon recover, we must admit this is not a good year for Bitcoin but remember it has a good tun for the last nine years and we are just starting soon we will we have a bull run like what happen all these years.

I don't know what's running on his mind but he's totally going against to everyone. He has his own intention of showing what he can do to the market.

Many do stop trusting him already and lost respect regarding this issue but its him and we can't stop him on what's running on his mind. As I suggested, we just need to wait until everything is over between him and ABC's people.

The fight between those two people affected the market generally and caused a lot of sell offs, resulting in a lot of losses. I personally lost 60% of my portfolio to that crash and it's just not fair for a decentralized market

I think this situation is sad for the market ! We don't have to suffer because of the policy of two people . I think Dr Craig S Wright will pay for his actions in the market ! His coin will go into oblivion with him !

I think Craig Wright is one of the most influential person in crypto space and most of his followers are miners. Is this person Satoshi Nakamoto? Whatever it is but I think he wants to pull the price of bitcoin and make a popularity on bitcoin cash.

I think this man has a vision. But its not enough to influence the market. As far as i know the Fork has already happen and BCH blockchain is already split into two. But look  what happen with the other BCHsv the brainchild of this man Craig S Wright the value was dip very fast as we thought. So it means that its not the cause of Market downtrends.

He is a smart and intelligent man, he will not fail and his crytocurrency will grow strong and may defeat the BTC in the future. But what happens now is the consequence of him and I hope he can do something so the market can recover

thats a very sad thing for BTC. but i dont think that he will do much damage to BTC. because BTC is the king and most accepted crypto coin in the world. he is just giving big talks just for marketing

There are different reasons due to which suffering the market,this bounty the managers(who lead the table and reporting) they deceive hunters and assign them to the work itself,as well Moseneke who steal the assets and the wallets of other people,plus the speculators which are specially their actions are forcing people to lose money,and they make money on it

All just a part of the maturation process of cryptocurrencies. This sorry little episode is just an example that building an economy on the back of BTC, BCH, PoW, Miners and the immature people that hold sway over them is a fools errand. I have no doubt that cryptocurrencies and DLT will dominate in the future but it will because BTC, BCH and their dysfunctional eco system will make up only a very small part of that future.

I understand he's a smart man, but ruthlessly killing the market for his own benefit doesn't make him any better in people's eyes.

It is necessary to get used to the fact that no matter how much we talked about technologies and that what a good blockchain technology and what it needs to be used, everyone is just trying to make money on cryptocurrencies, absolutely everyone.

Well basically from this point, I can say that the fork of bitcoin cash led to the ridiculous dumping of bitcoin and usdt with people desperate to get more bitcoin cash

It’s all fud, and only the smartest survive this cruel space

Slow, mate. Never be panic tot his situation. Panic and inpatient only will drive you for the worse condition. And what do you mean of the "man"? If you think that the hard fork of the BTC really kills the market, you should take a deep breath and slow. The market will be recovered again. At least it will reach $6k. It has just becomes the natural flow of the BTC market. Just be more patient and never panic.

I hope SEC will analyze Dr Craig S Wright's words and will consider it as crypto market manipulation, the guilty must be punished! We need the regulation in crypto to avoid price manipulations in future.

some of his controversial statements did make the market a few days ago chaotic, but this should not make the market conditions for the future also getting worse, as long as there is a high demand for bitcoin in this famous exchange can make prices quite stable

in fact, I don’t think that the market fell only because of this person’s tweets. and in his place after such statements, I would be afraid to go out.

Nah, one tweet doesn't cause the market to lose that much value.
Yes, it can be a factor, but there are also some more realistic factors.
The biggest one being that globally, stock markets crashed everywhere.
Many think that crypto is it's own isolated market and not related to outside ones, but that is just not true.

Ever since btc futures started getting offered, institutional investors are very much a part of crypto.
A typical diversified portfolio nowadays has stocks, bonds, real estate and crypto.
So when the stock market crashes, this affrects crypto as investors start shifting their protfolios around to deal with it.

Also, this can be backed up as the timing and percent downfall correlates with stocks falling very well.

We should embrace this kind of events. Last time when those idiots forked a coin we had biggest bull run in history of crypto!

One person cannot influence the entire crypto-valyutics market so strongly, in my opinion, this is impossible. must be at least a few very influential people to whom the whole course is tied.

Many people have different opinion when it comes to blockchain and cryptos, I think the person is clearly saying that the days of ICO and bitcoin will soon be gone according to most of his tweet, But that's his opinion, no one knows how the future will turn out to be, so let's watch and see.

Any idea how he did that? I strongly believe one person can't take control of market unless other people let him affect their minds.

I will wait for the "Return of the King".
It's like The Lord of the Rings Trilogy.
Bitcoin is the One Coin to Rule them All.  ;D

I agree with your opinion. one person cannot globally influence the cryptocurrency market. This is contrary to the most important idea of ​​cryptocurrency - decentralization.

Looking at my accounting and crypto-market status, it can be said that Dr. Craig S Wright carried out his mission with great passion, hard work and honesty and also succeeded. He also explained to many members very well the crypto-rated work. And thus there was a change in the crypto market.

There are so many people with so many predictions so I just ignore them.

Damn! But heck, I really don't give a damn what Craig Wright is saying. His words shouldn't be the basis of any currency's fate. Bitcoin is strong and it will remain strong for a long time! Things are still reasonably looking good. So nothing to worry about at the moment...

what I know is that the principle of the crypto market is decentralization, not what determines only one person or one leader. so I think it will be fine and I don't believe that

The market will be in good times ones it recovers. I don't see or even imagine that bitcoin will go down to $1000 or even $4000. Bitcoin is strong and it will forever remain at top.

now everyone does as he pleases. Nobody curses investors who have massively discarded their coins and transferred to Fiat, neither does anyone scold or prohibit trading bots on the market.

It is actually very bad, I don’t support what these guys are doing. Isn’t this manipulating the market? In any case, I am not selling to benefit these guys. IMO, Bitcoin will be recovering once these greedy guys have bought enough of Bitcoin at low price.

Same here. I just can imagine BTC at 1000$. Too many people to buy and no way it can get to 1k.

The idiotic of this people is bringing the whole market down, they are so dumb to realize that they are destroying the thing that gave them value in first place. The greed will destroy them at the end, soon enough they will find what they are holding is valued at ZERO, I hope they will be happy by then.

I think it is more about Volatility and Real life, practical value of crypto.. (which has already been  
resolved!)

Whatever that one person is saying or thinking, I don't believe him or any other "wise man"! I see we'll enjoy a lot of pregression and recovery. The actual market situation is very normal. And "IT IS a TEST for THOSE "WEAK HANDS"". It IS and WILL be governed by this same rule!

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Not exactly one but about three people. There are people from the bitcoin.com side, Roger Ver and Jihan Wu, they are quite rich and run a bitcoin.com website with pool and the mining they are doing with a bunch of miners they sold, the "bitmain" guys who keep on making new products and use them first, make money from them and sell them when they start to barely make any money at all. They are horrible and they are useless shady scammy people.

On the other hand there is a lunatic called Craig who himself said he was Satoshi until he was proven wrong and he has a ton of money as well (well ton of bitcoin) which he uses to fight these people, he is a lunatic because he thinks the only right possible things are the ones he says, everyone else who is not him is wrong. Now, when you put one money crazy greedy person against a person who only accepts himself as right, you get a war.

I am not sure that this collapse is caused by events associated with the new fork. I am inclined to believe that this was only an informational occasion. I do not know why, but it seems that manipulations with Ripple are involved in this. Perhaps bankers want to show that the coins of banks will be major in this market. It is unlikely that two people because of their own stupidity could collapse the market. This is a larger scale game.

You shouldn't believed 100% in the news update regarding about in crypto or in bitcoin.
Most of the time when the market was falling it is because of the volatility of altcoin why it is happening, and due to also
the manipulators are still controlling the market too. And BCH has nothing to do with it also I think it was still of the demand in the market.

I don't know. It seems very unlikely that BCH fork is the cause of current market downtrend. It might be partially responsible of course, but only along with other 1000 of factors.
Any way, I don't see what the difference it makes even if it is true. The market is down and we still have the same options:
- to believe in market recovery and collect as many coins with great potential as possible
- don't believe in market recovery and sell what left to save time and nerves.
I am an optimist, so I am collecting coins like DACC, ONT, ADA etc. and hope that everything will be ok.

You are right, that's the actual plan of big whales as they show their power and take advantage of this situation, once they buy the coins in cheap price the value will get increased. BCH made a big drama and changed the whole game of last quarter. Lets wait and see till this end of the year.

There is no 1 person, because in every war at least 2 sides are presented, so don't blame on him. There are guys dumping bitcoin as well opposite to craig

The BCH fork had hardly any impact on the Bitcoin exchange rates. The BTC prices fell down for some different reason. So it may not be (w)right to blame Craig Wright, or for that matter any of the BCH supporters.

Once everything is good and people can get over the fork, market will be back fine.
Everything in this market is due to those who bought BCH for the forlk.
But theres nothing to worry about, BTC will bounce back.
What you need to worry is your BCH, it will fall once BTC stand-up

This tweet is made just to scare people. No one knows his wallet and the number of bitcoins. He has to show his wallet address and I have to see how many bitcoins he has sold in the last week. Only after these actions will I believe him.

This hash rate war made bitcoins drops so fast. This dip was expected by experienced traders. But this happen immediately with this hash war. Market will be recover but with this huge dip it would need some time.

though what you've written isn't what all of would like to believe in, i still think we should do the following: sit back, relax, turn off all the external voices and listen to the depth of us. it knows what to do next

His opinions and tweets cost me around 1000 usd which is my black friday tech shopping budget. I hope this war between whales will stop and small investors will start earning some spare money again.

I'm also not sure that bitcoin will fall $ 1000 as much as fud. I am disappointed with people who are greedy that they should not sacrifice the market as a whole. many people suffer losses due to their ambitions and maybe they say there is no decentralization in crypto.

The crypto market is still relatively small and such an event can make a confusion and panic we are facing  on the market. We will go through it  in some days and the market will bounce back hopefully near to previous levels.

Manipulations related to Bitcoin Cash are not the first time. This is the second hard hit on Bitcoin associated with the owners of Bitcoin Cash. But this time, smart and attentive people should already understand the real value of this coin, which in fact is close to zero.

The hard fork of Bitcoin cash is just a fuse, but the actual market decline has nothing to do with hard forks. The sharp depreciation of the market this time is not terrible. In the future, there will be a large depreciation of the cryptocurrency in the future.

Its partially happen by this person.
Little unstability and hash war makes panic and big players feel that falling and cahout to rebuy i think.
Black friday comes and they want earn moneys maybe

How much BTC does he actually have? It's scary that one person can sway the market so much. But again, weak hands be gone. We will be better for it.

It's always a good time as any to buy. It's probably pretty easy to just watch the movement of the big buyers and just follow that.
Could be a good way to get rekt though

If I was smart, I would probably have sold and bought back at the bottom to make some gains. I think ultimately btc is here to stay. Always hodl.

Clearly the man has some sway. A lot of it too it seems.

I do not think that the market is suffering because of the BCH hardfork. The market is still going down because a one man or a group is trying to kick out the most possible amount of investors, until the next bull run.

BCH will never exceed Bitcoin. Although its forked coin caused market turmoil, I think it is still a altcoin. This is my evaluation of it! Altcoin!

I think markets are pretty susceptible to situations like this. This is why Tesla's stocks mooned when Elon Musk announced he was taking the company public. This ended up costing him 20m for that tweet in fines
 Who is going to fine this Craig guy?.

I agree with you on that. But I guess time will tell.
I thought ripple will never over take ETH, but look where we are now.

Yup.  Shake off the weak hands. This is why I'm trying to buy as much as I can of my favorite coins. A lot of work is happening in behind the scenes and when the bulls come back, we will all be literally going to the moon.
I d stack my gains so high, I can climb up to the moon on foot. Think about that! :-)

The BCH hash war had been one of the greatest problems of the crypto market recently, we should keep cool because the war will not be in their favour,the market will soon recover.

No one cares about CRW and his insanity, the market will always decide on everything regarding cryptocurrency this hard fork madness will be over soon and everyone will forget about this and BHC and all about BCH will be gone forever and all of us will be happy that's it the market downtrend is the effect of this people panic selling that's it!

  The in fighting with in by this people really affects the market, the crypto market nose dive to a very low level, but for me it is just part of the market Volatility it can happen to all coins as posted in the crypto market, nevertheless, it was already resolved and we have some good signs on the market recovery, i would want to deal with the issue instead i am looking forward to a more profitable investment in the near future as crypto market bounced back and i hope it is for more favorable outcome for all of us. good luck.

I watched live how it all happened and how people tried to reason with him. But apparently people really wanted to make money on BCH.

This is just for the FORK and people will go back on what is better and stronger.
The market will be back soon and BTC will be better.
we should just wait for less than a month now and we will see the result!

He has said his own and has made his opinion known, but that does not mean it will happen as he has said. Even if he us in control of the mining pool and directs all the hash towards the new fork BCH ABC, all will end one day and everything will be back to normal. For him to have said that bitcoin will be back to $1000, will not happen. He is not the only one holding BTC, therefore, he cannot determine the price.

Obviously, the market must not be because of this. This incident is only a trigger for the market downturn. They just let the market plummet. No one can easily influence the cryptocurrency market except for the Bitcoin founders.

Yep main problem came from that hardfork but i think there was other reasons too and maybe insider info about which users dont know until now but i dont see big problem as in long term market would recover anyway and as we know every bad has somthing good in it,this situation shows how strong is BTC and all crypto communty.

I guess it is his own right to sell his holdings, so I won't be blaming that guy in selling his stash.  Besides, if he lost faith in BTC who are we to blame him.  Shouldn't we be glad that selling his lots of BTC will somehow give room to new investors that have more faith in Bitcoin than he has.  Thus, this will make Bitcoin stronger in the next years if kind of person like him will get out of the picture.  

He is not the sole responsible for the Bitcoin market crash, there are lots of people who sold their holdings in this crash too.

Everybody now hopes for the market's price to comeback, since then investors also have the confidence that altcoins and bitcoin can rise its price sooner besides this is just only a fork.

I think this is not only caused by BCH's forked coins, it may be some team's plan, they try to cause market panic through BCH's forked coins, and are ready to let ETH lose more prices!

He isn't the only person that is selling off his bitcoin.

Don't forget that the war commenced between to sides and don't just get into the other side because there's two different sides for it.

This will only affect effect for a short term,very soon crypto will get back to normal self,I can't blame the guy,the question is,do you think one person can hold the crypto sphere to ransom,we are talking about decentralization here,is not just about the guy but about so many other things.

I watched live how it all happened and how people tried to reason with him. But apparently people really wanted to make money on BCH.

It's painful to see the continual crash in price because of this war I do hope they wake up someday and see their ego.

No he isn't. He is a ranting raving lunatic. He basically single handedly wiped out the remaining portfolios (which have suffered massively already this year) of dedicated crypto enthusiasts, the miners he so says he cares about causing massive hardware selloffs(and losses), and put a huge dent in the crypto worlds image which could take a long time to recover from(which was hurting badly already unable to take more). He cares about no one but himself and will do whatever it takes to get his way. Satoshi my ass.......

BTC might not be good right now. But the time comes that the dump is no more, bitcoin will go high and the miners will be back again. Because one reason for the miners to quit right now because they already have negative result for profit. But with pumping of btc, it will be back on track again.

I think this is a temporary sensation and we need a little time for everything to settle down and get better and then everything will fall into place!

Of course, and this is the only cause of all that is happening. No matter how it affects the market, money is the main goal of people and past events. Personally, I think that the impact of the fork on the market was not as strong as everyone thinks.