People...don't be in panic, and don't sell your Btc, and don't sell and buy other coins trying to earn because the reality is that you will lose, if you are not a professional trader then be quiet, be calm...and forget this till december or next year...i am newbie in this forum but i have a lot of time in this bitcoin ecosystem and developing in the blockchain Panic only newbies for whom 7% drop is the end of the world. We have to wait and hodl. The depth of the market swings again in favour of the demand and miners seeking daily profit switched to BCH. I guess that BTC price will recover in matter of several days or even hours.
|
|
|
kraken USD price: 7230 Euro price: 6040 =7030$. Some traders are completely illiterate!
|
|
|
Something bad is happening to Kraken! Not working for months! Are they cooking an exit scam?
|
|
|
https://cointelegraph.com/news/bitcoin-needs-new-proof-of-work-chain-after-segwit2x-says-bitcoinorg-co-ownerNot 2 but 3 bitcoins after the HF! I've expected that core team is secretly developing an emergency nuke POW change in case 2x wins. I know that some still think the legacy chain can survive with 20% hash support but it is not realistic. In this case unfortunatelly the original bitcoin will die and everyone will say: "The king is dead. Long live the king!" It remains to believe that by some magic wand the current price is transferred to one of the forks.
|
|
|
https://cointelegraph.com/news/bitcoin-needs-new-proof-of-work-chain-after-segwit2x-says-bitcoinorg-co-ownerNot 2 but 3 bitcoins after the HF! I've expected that core team is secretly developing an emergency nuke POW change in case 2x wins. I know that some still think the legacy chain can survive with 20% hash support but it is not realistic. In this case unfortunatelly the original bitcoin will die and everyone will say: "The king is dead. Long live the king!" It remains to believe that by some magic wand the current price is transferred to one of the forks.
|
|
|
https://cointelegraph.com/news/bitcoin-needs-new-proof-of-work-chain-after-segwit2x-says-bitcoinorg-co-ownerNot 2 but 3 bitcoins after the HF! I've expected that core team is secretly developing an emergency nuke POW change in case 2x wins. I know that some still think the legacy chain can survive with 20% hash support but it is not realistic. In this case unfortunatelly the original bitcoin will die and everyone will say: "The king is dead. Long live the king!" It remains to believe that by some magic wand the current price will be transferred to one of the forks.
|
|
|
Unfortunately, many traders who now pump the price don't know that Coinbase and other major exchanges and wallets will declare the 2x coin as the winner and call it Bitcoin. The legacy chain supporters still believe that miners will not follow their signalling, but they will. Those who seek daily profit will switch to BCH anyway, since it has 12 hour EDA and will be way more profitable (at least 50%) compared to the legacy bitcoin. This result may have a huge negative impact on the price of the legacy chain.
|
|
|
Let's first recall some facts. In January and September PBOC's news for more regulation on bitcoin exchanges and possible ban resulted in 30-ish % drop in the price for 1 day, in total 42% drop from the last ATH. Actually these news were not bad for Bitcoin since they didn't endanger its existence in any way. Moreover, everyone should have been happy that China's 95% dominion on the market is gone and transfered elsewhere. Now, let's contemplate what can happen shortly after the HF. It is obvious that most of the miners will switch to B2X. Those who seek dayily profit will switch as usual to BCH which will have by then an imroved 12 hour EDA. In that situation for a surprise to the misinformed traders, many exchanges (including the largest in USA - Coinbase) and wallet providers will declare B2X as the winner with the longest chain and call it Bitcoin. During these days there will be not a slightest motive to buy the legacy Bitcoin. We can expect this uncertainty to bring 30-is % decline of the price. This drop will hardly end in 1 day and probably will continue for days and weeks. At this time the B2X price will be probably around 1000-1500$. I can't predict the total price of the 2 bitcoins, but I don't see how one can be certain that the legacy bitcoin will continue to rise after the fork.
|
|
|
Let's recall some facts. In January and September PBOC's news for more requlation on bitcoin exchanges and possible ban resulted in 30-ish % drop in the price for 1 day, in total 42% drop from the last ATH. Actually these news were not bad for Bitcoin since they didn't endanger its existence in any way. Moreover, everyone should have been happy that China's 95% dominion on the market is gone and transfered elsewhere. Now, let's contemplate what can happend shortly after the HF. It is obvious that most of the miners will switch to B2X. Those who seek dayily profit will switch as usual to BCH which will have by then an imroved 12 hour EDA. In that situation for a surprise to the misinformed traders, many exchanges (including the largest in USA - Coinbase) and wallet providers will declare B2X as the winner with the longest chain and call it Bitcoin. During these days there will be not a slightes motive to buy the legacy Bitcoin. We can expect this uncertainty to bring 30-is % decline of the price. This drop will hardly end in 1 day and probably will continue for days and weeks. At this time the estimated B2X price will be around 1000$. If this uncertainty continues too long, the damage of the price could be huge. I can't predict the total price of the 2 bitcoins, but I don't see how one can be certain that bitcoin will hold its price after the fork.
|
|
|
Clearly Jihan Wu, Rojer Ver (and friends) are combining their efforts to bring bitcoin down and pump BCH. They use any gap on the bitfinex bids to hammer the price by spending thousands of bitcoins. I am afraid that the 'free money' from the fork will come with severe attacks from this gang of morons. They will use the time of uncertainty to hammer bitcoin as hard as possible, with the hope to force the users to accept 2X as bitcoin.
|
|
|
Where is r0ach and his clones to talk about silver and gold. He must be biting his nails now
|
|
|
Hmm, 369 BTC hidden wall at bitfinex eaten fast at 7080$!
|
|
|
Kraken server:
|
|
|
$7050 on GDAX!
Is it normal for GDAX to be 1.5% higher?
|
|
|
Here we are, 6666.6
Yaay!
CNBC, November, year 2018: "Today Bitcoin just hit alltime high 66 666$! BCH and B2X both gained 5% to return to 105$."
|
|
|
Maybe silver then? Just kidding Yes, silver, no jokes. It's much more undevalued than gold right now. Roach, is this you? You are the only guy in the planet to write about crashing gold and silver in bitcoin forums. How many accounts do you have? 100, 1000, 1 000 000? Do you believe you can fool anyone to buy so that you are not the only loser?
|
|
|
576 BTC wall at bitfinex eaten like snacks 6600 incoming!
|
|
|
|