Bitcoin Forum

I want you give me a simple and clear answer, what is the purpose of the battle between BCHABC and BCHSV? do they fight for popularity and control the market? and when this condition will end ?
this is very sad, bitcoin and other crypto are victims.

to take control and to make more money!

this has been the only reason why bitcoin-cash forked last year. they fooled people by social media drama about scaling and core developers corruption while creating a centralized altcoin that could make them millions of dollars.
now there is internal fights between the creators since they want more money and more control while kicking the other party out. so they are splitting the forkcoin into two. and while they are fighting internally they try so hard to pull bitcoin down while they fall hand in hand.

All will end when we as society will become mature enough to not follow all fraudsters and liars just because they promise things.

There are always some ridiculous facts about crypto. The problem of some altcoins always affects the whole market. I really can't understand that BCH's fork has caused the decline of Bitcoin and all altcoins.
This is not a phenomenon that can be seen in the normal market. Every crypto should be independent.

Primary motivation for such drama is money and who controls the lion's share of anything. Let's face it, cryptocurrencies are slowly succumbing to dirty politics and irrational people wanting to make a profit by deceiving most believers of the said cause. They are using the drama to gain more attention and followers in order to 'sell' their ideology, thus dividing the community further instead of coming up with a solution in order to move forward. Satoshi may have failed into coming up with an ultimate solution that deviates money from politics as we're already experiencing a mix of both again.

and don't forget, BCH only changed one thing about blockchain and they thing they grabbed the motherlode, and also I have heard they promoted it like bitcoin, for bitcoin they said it was bitcoin core, and bitcoin cash just bitcoin or bitcoin cash so that they would pull the major community to bitcoincash... I mean those bastards

BCHSV and BCHABC are NOT THE CAUSE!!!

they knew as far back as the summer that new asics were coming which would make it cheaper for crtain farms to mine.
its the farms selling for profit while changing their asics.

the BCHSV and BCHABC drama is empty drama of no impact. they just timed it to be happening now to glory hound themselves to sound like they are the cause and to pretend they are influencers.

stop pretending they have power. their friggen altcoins. on a different network.
to even be able to tank the price they first need to convert their altcoin into btc to arbitrage the prices down.. and guess what. the market trading charts do not show this occuring

No, BTC is not a victim, whatever is happening right now is either a coincidence or a manipulation. Bcash has no influence over Bitcoin, it makes absolutely zero sense to sell Bitcoin because some altcoin is having civil war. It's probably whales and speculators trying to crash the market to make average joes panic and sell their coins, so these whales can buy back cheaper. This has happened many times - big crash, then rumors and FUD, and then Bitcoin suddenly jumps back when whales buy back.

One funny thing about financial politics is that their parent coin BCH is also going down may be to extinction. A lot of investors pull of money from Bitcoin and Etherereum to invest in the new and explosive twin coin BCHABC and BCHSV. It is also called business investment when you make a sound business move to remove money from a low-profit potential to higher profit zones. This move has really made all the other altcoins a victim.

According to your logic, people are selling all coins (because literally, everything from the 1st CMC page is red) in order to buy new scamcoins. Which is not true because BCHABC and BCHSV as I see are not growing right now while the entire market is getting huge losses.
There should be something else.

they ARE the cause.

you kept saying price depends on miners profitability and kept insisting on $6k (or was it $5800) being the bottom because of miners. you were wrong then and you are still wrong.
now you are trying so hard to still say the same thing. miners do nothing to the price. even when they sell they do it off the market without putting any kind of sell pressure on exchanges.

going back to the drama, they are cause of the drop but not directly as their FUD goes. meaning they are not selling bitcoin to crash it the rest of the market is doing it for them out of panic of thinking they will and whales love this situation and have been shorting the shit out of bitcoin in the past couple of days. hence the big drop.

Considering the 1 : 1 ration of BCHABC that was released to BCH holders (now BCHSV) if you were to combine the worth peer coin on the market now, it's not worth as much as BCH was per token. So people are not selling their altcoins to buy them.
And the BCH saga is not sufficient enough to bring down the price of bitcoin and the entire cryptocurrency market.
I'd take @franky1's explanation of cheaper mining costs.

Btc is a victim in a sense that it is used by scammers to scam the innocent people who are new or probably wants to get involved in crypto. Because of a lot of promises return they will instantly in the road to lose their money. Bitcoin is potential and real it is not fake and not scam.

Everyone is thinking about their own profit. But they don't see one important thing. We all get damage from their war. Actually I think they are losing too, like us. But it is war. No one think about no one including himself.

They are just f*cking around and making things terrible for bitcoin while they decide who gets the money. Today I looked at the price, hoping to see $6k. What I saw instead was $4.5k. I feel devastated. I thought this kind of thing would never happen. Bitcoin was so good at not reaching anything below $5800! And then these ABC and SV disputes arrived and made it give up its previous position. It's extremely unfair that bitcoin is bleeding so much. It's a great currency, nothing really bad happened, it's just pure speculation around other stuff on the market. Bitcoin is indeed a victim and I don't know what to do. I have quite some money in btc. I thought it would definitely do all the way up to ath and then I'll be able to withdraw it from time to time. But hey, I don't want to end up losing everything, because once I thought $4500 wasn't a good price... I am sure I am not the only one experiencing this faith crisis or whatever. I keep holding, but it's getting harder and harder, even though it's not btc's fault.

They fight to be the dominant coin and have the main market share. Both believe that their vision is the one that will go on to be accepted around the world, especially SV. All coins are victims in this, including ABC and SV.

Those things were said just to destabilize the market with investors battling with confusion on which is the real deal. Maybe their intention has finally paid off now with the drastically downtrend Bitcoin is undergoing.

There seem to be quite a few people in this thread who need to take a step back and look at the bigger picture.  It's really not the big deal people are making it out to be.  Alarmist panic over nothing.

Sit back, eat some popcorn and enjoy the fireworks.  This amusing little sideshow is merely the flavour of the month.  We have these little dramas and then everyone forgets about them and moves on to the next over-hyped controversy.  Rinse, repeat.

Truly Bitcoin is a victim from those people who use it and manipulated it. It should be used for good and for everyone to use for future enhancement of our modern currencies.

What is happening between BCHSV and BCHABC is not the cause of what is taking place in the crypto bearish marketplace. It is just a coincidence that things are happening at the time of  BCH fork. I do not think BCH fork has the power to affect bitcoin this way.

Well when I heard the news about BTC cash splitting into bitcoin cash ABC and bitcoin cash sv I was quite happy but for this unreasonable war of supremacy I think this would not be help for to the both coins

Craig warned publicly through media that if his coin doesn't get sufficient hashrate, he'll then need to buy more power for which he won't hesitate to drop BTC down even under $1000 and the sudden move of BTC from 6200 straight down to 5700 in a matter of hours shook the whole market

Whale Wars want to control the market the way they want, and this battle will continue to affect the entire Cryptocurrency until there are winners. BCH is too difficult to control because of the limited amount of coins so investors can not speculate. It is ridiculous when the war affects those outside the war.

Bitcoin cash is all about drama from day one.

And now they decided drama level isn't enough and decided to create biggest drama at all.

different perspective to the issue but all the same it is because of money, who gains much profit and am sure we all have to be watchful and careful of these greedy.

Yep, Bitcoin is a victim of Bitcoin Cash fight between BCHSV vs BCHABC. They makes us loss a lot of money because of their hash war. Why don't they think about the impact to the global market especially the Bitcoin? Let's see the upcoming news about this situation.

I don't know man, maybe this Drama had real impact and maybe this had some impact on peoples emotions, maybe they got scared god knows why!
panic sell + more panic sell = mega dump in markets

I think this would happen even without the manipulation of the BCH forks. Bitcoin has remained too long in the same position and this market is not a table one, it is a volatile one. We should remember this when we do our trades.

bitcoin has always been the target of all kinds of drama. and during each drama there are always some people who are surprised about its existence and try to explain it by connecting it to strange things such as mining farms!

the fact is, this market has always been susceptible to FUD and hype and is always known as a roller coaster. this won't change for as long as the market is small and filled with newcomers while also contains big whales.

We can compare it with the traditional fiat system headed and controlled by the government. As we all know that, the government is greedy for the control and every government wants to control maximum things including certain rights of citizens. Even in the case of various forks, the primary motive is to gain control and authority on the operations which leads to disputes. However, the users are smart enough to differentiate between core and non-core fundamentals of cryptocurrency.

I think you can judge for yourself and search for some of the news and rumors targeted for bitcoin.
this is manipulation to drop bitcoin at the bottom of the pool, then they can buy it back at a very cheap price.

from what i seen through different stuff when in communication with people within the community/ crypto industry
theres alot of VC funding that goes behind the scenes OTC
VC's pay money to miners and set a contract for the VC to receive a planned amount of bitcoin at set times and set amounts. where its all calculated.
(this is where miners mine coins or buy coins if cheaper to buy than mine to fulfill VC contract)

then theres the less structured miners who decide to buy when its cheap on the market or sell on the market depending on profit/cost of mining

then theres separate VC deals where they have to buy coin to pay developers, business investments (november 2017 spike hint hint(which then got over-bought by speculators FOMO'ing))..
and some of these VC had a 12 month HOLD before they can sell.. (november 2018 hint)

then ofcourse theres the movements that occur when new asics or new batch prices and also noticable hashrate changes that occur.

all of this stuff is happening. and its not whales wanting to cause panic. its just market reaction to sudden change.

shouting out $1500.. or craig is responsible. ... now thats the panic/fud at work as it costs nothing to do social drama finger pointing

yes core developers ate loyal to BTC this is why they do this !!!

That's right, the bitcoin price drop, we all know it's just a bad price fluctuation on the market and one day the price will rise again, just the good times will increase. I insist that BTC investment is a glorious, rather than a negative victim ::).

It just shows who the true believers of Bitcoin are and the thread is just showing that a lot of people are not part of the ones hodling anymore. A lot of people are really losing hope during this kinds of desperate times, but what I can only offer is that don't be that kind of person who always lose hope when a correction happens. Instead just look at the bigger picture of Bitcoin, where you need to see that this is just a short term downtrend and if you are a believer you won't be affected by the prices that much.

you do realise that cores side put the mandated august 1st date into the event calender.
theres even adam-back tweeting that luke JR and samson mow and others, praising them doing a great job

the blockstream crew were funded by DGC.co.. which are the guys that also paid BLOQ (jgarzic) for the segwit2x
and also DCG.co was the NYA to sway the merchants of the DCG portfolio,
the splits was instigated by these.

all if it was to push segwit in. and to ban nodes that would object to it.
its even wrote in the blockchains.. segwit came first due to segwit drama of accept segwit or "f**k off".. the forks came hours LATER. (check timestamps)
funny part is those on cores side were actually highlighting the forks didnt make a block until hours later.. revealing the forks didn cause it.. but wording it as if the forks didnt have power to make their own fork.. both of which shows the forks didnt cause the split. (the split happened and nodes were left hanging unable to participate.. thus segwit one by excluding part of the community.. only then did the ignored nodes start new blocks HOURS later)

but hey. seems you are now more interested in the reddit script propaganda, rather than real info found in the blockchain itself, the codebases of nodes and the investor information.

whenever i see someone just repeating the reddit scripts of propaganda, i just think, i bet they watch fox news too

as for

thy are not creators. craig and ver are just social faces. their drama is of no significance, its just social stuff
they dont code

Bitcoin probably has some intrinsic value, we just don’t know what it is yet. What we do know is that unlike oil prices that were partly driven by speculation and partly driven by the utility of oil itself, the market price of Bitcoin is mostly driven by speculation. Bitcoin has no real utility as a currency at the moment because everyone is buying to hoard and it is risky to use as a medium of exchange due to its volatility.

this is not a victim, but it is intentional to drop the price of bitcoin after BCH has no more fans on the market, yes Hard Fork bch doesn't get big success. so this is what we see
bitcoin is bleeding again just based on FUD from fakestosi

The battle between tthe two is just battle oof supremacy and at that when two elephants fight it the grass that suffers so that is why the entire market iis going through wwhat it going through, and in the case of bitcoin since it the mother coin wwhat ever effects tthe market will always hhave a resultant effect bitcoin.

Oh look, here comes Franky1 to derail yet another topic with yet more conspiracy theory drivel. 


Was it, though? (https://www.ccn.com/viabtc-will-list-big-blockers-bitcoinabc-bitcoin-is-spliting/)


But then you will argue, as you've done before (https://bitcointalk.org/index.php?topic=5054744.msg47295214#msg47295214), that BitcoinABC and ViaBTC are "Core's side" because they happen to share a common source of funding (even though anyone with an even remotely rational mind will understand that is a totally ridiculous and absurd claim).  Just because DCG.co have their fingers in many pies, that doesn't mean you get to blame a particular group of developers for everything your fractured mind perceives to be wrong.

I also do not want to lose my hope because of the decline in bitcoin prices that have happened now, and I will always try to be optimistic and convince myself to stay calm and not panic because of the decline in bitcoin and other altcoins that have now happened, I try to always believe that the price of bitcoin will go back up again, even though this takes a little longer.

Some of the stuff that's going on in the crypto-space never ceases to amaze me. BCH has been a shambles from the very start. The whole "hash battle" is ridiculous and is acting as a catalyst for pulling prices lower across many coins.

Confidence in crypto is at a low right now - which is probably a good time to buy...

If BTC i indeed being attacked, it is a STUPID move. If you try and bring BTC down, you will inevitabely bring the whole crypto market down, including your altcoin. Which serves you right.

I found one word which interests me in your reply. Manipulation! If not manipulation, how will all coins and tokens swing the same way at the same time? Meanwhile, some ought to be close substitutes.

I think this thread can be summarised in meme form:

http://www.wearedecentralised.co.uk/bch_molehill.png

As a community, we always seem to be making mountains out of molehills.  Again, this BCH sideshow is not a big deal.  

Everyone feel free to use this image in any other topics where this same discussion comes up.  I'm guessing there will be plenty of opportunities.  Alternatively, the original image is here (https://memegenerator.net/Mountains-Out-Of-Molehills/caption) if anyone wants to make their own version.

I think Bitcoin returns to the level from which it began its rapid growth. Therefore, this is similar to the manipulation of the price of large players.

I will choose How To Make Money With Bitcoin
with the reason, I am a new person who understands bitcoin there hasn't been one year, because I think bitcoin will make a treasure that will be used for the future

I'm sorry to say this but with the lightning network and everything, it's pretty clear bitcoin is not what is was supposed to be

No, BTC is no a victim. BTC is vertical crypto currency. Do not be panic everyone should be careful in this time Whatever is happening is either a coincidence or a manipulation. This is the time for crypto It's not new events. It happened before. I think crypto market come back from slump soon.

yes that's what happened, I think the accident happened a few days ago due to bch and fakeshatosi. and now there are so many FUDs compared to good news or sharing knowledge about crypto and blockchain.

Bitcoin does not care nor want. It is how we use bitcoin that will create the economic conditions we live with. What have YOU done? Have you written Amazon and demanded they take BTC? If nobody is doing anything then the price should fall. Totally understandable.

I haven't been able to find the to that myself because it doesn't make any sense to me ,I think cryptocurrency world is still plague with manipulation ,to hell with bitcoinSV or ABC

maybe motivas hardfork bch to get more money, and that is the victim of many people who hold bitcoin and altcoin, because since then almost all coins have decreased in price. but I was a little lucky because I didn't join the bch before hardfork, because if I buy it will definitely suffer losses.

They are just greedy and careless about the plight of other investors. They want to make more money and enter the league of the billionaire club at any cost even at the detriment of innocent investors. The game of money has never been fair and will never be fair. To hell with FORK.

The main motivation of the BCH hard fork is dominance and control over the network. As long as the crypto market is sensitive to any news, this split makes an impact on the unstable market. Although there is no direct influence of BCH on the BTC price, the news have already affected it.

The intention is to make more money by dumping it as soon as possible and with such influence, frustrate the dominance of Bitcoin in the market. The rich is always getting richer.

it sometimes happens in such a volatile market and it seems to me that after a couple of months we will again see how bitcoin is growing in price

Its true, its like civil war. After bitcoin cash fork, market cap value crypto drop more than 60billions dollar and its really bad. But from what i am read, they already solve the problem and hopely market start to recover again

really, BTC is a victim of all the coins whose prices are declining, all the price coins will improve if the price of ETH rises, I will invest when the price of BTC rises, I have suffered a lot of losses in BTC coins, hopefully the coin prices can improve

A bit of a story with the hardness of the BCH and making all the coins down, BCH fooled for a moment but was unable to replace bitcoin. Bitcoin has a hardfork and it has a good influence on all coins, bitcoin is a very influential parent for coin kids. This event will end and bitcoin will re-shine with other coins.

if they promote like BTC, I think, their growth will create big competition with BTC, even when their community has a big influence on the market, then, BCH hardfork will be easy to manipulate or control the market.

They say btc is the base of all cryptos and whatever happen to btc , the other coins will also follow . meaning to say btc is not the victim here but the other coins are .

By the way , you said you will invest when the price of btc rises ? Why would you do that ? You will only loose if you insist to follow that strategy of yours .   you know mate   , much better to invest when the price are still low when compared to when their price is already rising .

I do not understand your thoughts, do you think this hash fight does not affect the BTC decline ?

the BTC Decline is very real, in your opinion, what are the main factors that cause this decline?

a few days ago, after BCHABC lost several blocks, we saw that Team of Jihan Roger sold BTC assets again to cover the risk of huge hash rentals.

and that makes BTC fall again, and we must admit this is whale manipulation. and BTC is a victim.

Yes, bitcoin and crypto are victims, they only think of their own benefits without seeing the impact of what they have done, and we as crypto users also get a pretty bad impact, they are only people who are greedy with wealth.

The victims of the greed of the two camps who were at loggerheads with outwitting the crypto world, which ultimately these two camps had no good value in crypto. If these two camps are still good and compact, of course, BCH will have a better and higher value. All of this has been clearly seen and becomes a learning that bitcoin still exists and is valuable.

From what I have read, BCHSBC and BCHSV to get power hashes.
Let's wait, until when BCHABC and BCHSV stop fighting. At that time, BTC prices will return to stable and reap investor confidence. Or is this just a drama planned by 'Whales' to buy crypto at a low price. Who knows, scenarios and big players are waiting behind.

BCH intention to frustrate Bitcoin was successfully carried because weak hands fell for it spontaneously wit their panic sell off alongside the huge dump of BCH and it's hard forks.

 :) :) :) :) :) :) :) :) :) :) This has been the only reason why bitcoin-cash forked last year...

BCHabc and BCHSV
are just using OLD s9's that are obsolete.

BTC are moving to S15's and are realising they can hash at the same ~10min without needing as many units.
unlike 2013 where when asics first hit the pools they ramped up hashrate. which caused a spike. they are not repeating that, as it shot them in the foot with a 2 year limp after the adrenalin rush of a spike.

this time they are swapping and using less than a 2 for 1 swap to lower the hashrate and then come december. then rise the hashrate

if you check the charts you will see the curve of hashrate down started in october.. the abc sv drama was november. thus pools were changing asics BEFORE and abc sv drama even started.

BTC isn't a victim. To my mind, it is better to say that it is the leader of the market and it will always be the one. I am sure that it will win the competition. I think that btc is the coin with the bright future

I believe that the essence of a project is his success, I believe that everyone who developed an idea in this world, despite having several intentions can name the main one, to be successful, so we can see all these coins dividing the market and fighting each other, for everyone to have their share of success and be able to generate control or money.

The infighting has destroyed the entire crypto marketcap, not just bitcoin but everything that isn't a stablecoin. If people haven't switched to tether then you must hate bitcoincash, whatever you buy make sure it isn't bitcoincash

Bitcoin cash ABC and bitcoin cash SV created out of the same source bitcoin cash. Well I will regard this rift as a dominance battle and also it's the fault of the organisers as well

Let's consider our ability to think rationally during all the drama as our edge.   ;)

Not at all bitcoin is an asset because by bitcoin I support my selves and my studies actually I also supported my family also.

It's temporary. Though it's hard to think that btc became a victim of it's fork's forks, it's still going to be on top. I agree that it's more on the whales rather than many of btc holders selling over bch forks.

I also think that btc is the victim around here. The real purpose of that is for them to make a lot of money for themselves. They don't care who they want to step their foot on but they want to make lots of money. The condition of this market seems to be overwhelming and I really want for it to end. But right now, it is a good look to see bitcoin soaring up high again.