Funny that lots of us sold BCH on the beginning and im wondering who has it now ?  It can fly really high suddenly That's why the cancellation of B2x, it'd be too much for them to absorb both. People already dumped their BCH and can't dump anymore |
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Calling it, Ver blew his load we're at $5575
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It's starting to go full retard now
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Imagine if Satoshi comes out, dump all his Bcash to tell the world BTC is the real coins  Or we could just get Donald Trump to tweet that the Bitcoin Cash leaders are short and fat. I'm not so sure about Trumps credibility, he might be causing inverse effect on this one |
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Looks like institutional investors are going to get cheap BTC. Go figure.
This is what Ver and Co don't understand. They are going to lose their power, like the amateurs they are. The pros are going to clean up, like usual. Difficulty adjustment in under 16 hours, good luck to them. The part that you don't understand that Ver is a very very wealthy man. At this point it's not about money but rather power. He was being squeezed out of BTC so he's been trying to clamp on to power any way he can, and this is his last all or nothing battle. Worst case he still walks away multi millionaire |
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They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own
Yep, what they are doing is basically kicking themselves out of BTC. Once they have none left the can't manipulate anymore. What's more they can't pump BCH as effectively either, they better hope that there are other users out there that want BCH. Because to keep the price at these levels is going to require a lot of new money each day. BTC will be stronger after this, because there will be no more Roger Ver and Co around trying to fuck things up. This is probably the end of BTC being played with by amateurs/early adopters like Ver, the professionals will now move in, for better or worse. There are only 16.5MM BTC out there. Before you attempt to manipulate it, you'll have to gather a good chunk of it. It was easy for early adopters now, it just can't be done without pushing the price into 5 figure territory. And i do agree this is the last bang for Ver, he got to go all in here if he has any chance. Otherwise B2x is canceled and BCH would float into oblivion Edit: Think of it as much needed distribution. Now if LOADED could RESPONSIBLY dump some of his stash his wallet scares me, how many island one would need |
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They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own
Only a matter of time until the sandstorm settles. Bravo, you get a cookie! |
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They can pump BCH to sky and above, just keep buying while miners don't sell. But they cannot dump more BTC than they own
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Lol #2 503313 0000000000000000081819ff158d06e56c00845298eca6fd398fa32c81e20e5e 2017-11-12 03:59 BTC.TOP BIP9NYA 15 3,699.06090444 4,864,265.09 0.00297455 3.91 0.95 4.380 503312 0000000000000000061b67746c9e3513698bdded041d2241e587915f12927715 2017-11-12 03:59 ViaBTC BIP9 57 1,681.15484215 2,210,718.50 0.00966104 12.70 0.47 27.567 503311 000000000000000003380a4d26f053b7f203d8619917ef1321db2006b440ef66 2017-11-12 03:59 BTC.TOP BIP9SWNYA 1 12.50000000 16,437.50 0.00000000 0.00 0.00 0.255 503310 00000000000000000382daa2888a98c2e3078b0466b8eae0771346b1c54e8254 2017-11-12 03:59 AntPool BIP9 1 12.50000000 16,437.50 0.00000000 0.00 0.00 4 blocks per minute... "Vision of Satoshi"  i don't mind that a broken shit coin is pumping. what bothers me is what will i say to the children? That however hard you might try, and however deep your pockets are, you just can't go against the market  |
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The strange thing here is that despite the massive volumes, crypto market cap is still mostly the same.
Latest move is caused by Wu and Ver selling their BTC stash and buying BCH trash. There is no fiat involved. This is why market cap measured in fiat is the same. Seriously, how much f***ing bitcoins do they have?! If I had 20BN the last thing I'd do is play stupid crypto wars like this. Go figure. Moving BTC around in anticipation of BTC bear mode. Look at big alts on 1 day candlesticks, including BCH, they grow after the ATH of BTC. Take your positions. But these movements don't bother long time hodler. Bear mode is possibly maximum 4.5k... So not too far away! Hodling steady alas a bit shaky  Better to sleep over this and see our neighbour ethereum relocating tomorrow  I'll miss it. We're talking about control of THE crypto currency, it's not a card game anymore. Lot's and lots of 0s at play here |
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Unless significant hash power leaves all at once, no effect. On that note when is the next retargeting, most likely that's when they'll act
The thing is nobody is using BCH, their blocks are empty. But let's say that a significant amount of hashing power leaves for good (80% or so) and the users of bitcoin flee because of slow block times for the week or 2 before a difficulty adjustment. Why would they go to bitcoin cash, when they can go to other better and more established alts. This BCH pump is being driven by only the few whales who support it. Their egos have got to them, they think they are smart, and only make correct moves because they are rich and successful. Because of these egos they believe that if they just build it (pumping the price) everyone will flock to them, its delusional, and borderline sociopathic. They are kind of like the leaders of small cult, the literally think they are gods and can do no wrong. Delusional? Sociopathic... Small cult? Rotflmao The ones with the egos should have been humble and they know who they are. The ppl with the hash will decide...  https://fork.lol/pow/hashrateThis is exactly where you're wrong. And it will be an expensive lesson for you to learn. People decide with $$, people who understand it will find a way to make money on all of this silliness |
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If I had sold some more than I did in the 7K now I would stack some bids between 4.5K and 6K. I expected a strong correction since the high 5K in October so this is nothing yet for the moment. But it's to be seen if the huge backlog in the mempool persists thanks to the ongoing spam attack and the halving of hashing power could start a panic as the bitches hope.
I wonder how much an effect the lowering of hashing power will have. let's face it, most people who buy btc do so to hold it, and the hash rate has no effect on transfering fiat to the exchanges to buy btc. I don't think slower blocks matter at all, might actually slow down the selling it it slows people from transfering from cold storage to the exchange. edit:
and this confirms that BCH is a totally fake pump:
sure does Unless significant hash power leaves all at once, no effect. On that note when is the next retargeting, most likely that's when they'll act |
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today's top 5 volume leaders   Looks like something has to give (just hope it isn't tethers ) 25% of the whole market cap is traded in last 24hrs while most of the coins haven't moved in ages how much money do you believe your audience that buys this has to prop this up?  Edit: But don't let this discourage you keep pushing i wanna see 101% of market cap traded in last 24hrs, i'll get popcorn |
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All pumps are at full throttle on BCH it's very expensive to keep that up, next stage of this last ditch power grab is a sudden transfer of hash power from BTC>BCH ??
No doubt that's coming and ppl will chase it higher Disclaimer:I have no idea what I'm talking about There's a reason why they still mine BTC, it's because they can't unload BCH. Higher BCH price > higher difficulty > costs going up on something you can't sell. I did think that that sudden canceling of btc2 felt too easy, too much resources were spent to give up just like that. Guess now we're seeing their plan B in action |
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All pumps are at full throttle on BCH it's very expensive to keep that up, next stage of this last ditch power grab is a sudden transfer of hash power from BTC>BCH ??
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when you save money on tailoring so you can pump your shitcoin of the moment
He's working the 60s astronaut look. There's no one more patriotic, trustworthy and dependable than one of them. This is his last effort, all or nothing time, so they're moving big funds from BTC>BCH good for them and good riddance. What's wrong with the suit, don't find it that bad. |
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WTF no 20% airdrop?? This game sux
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I'm not arguing against the obvious BCH market manipulation. I'm only pointing out the the magical mystery miner stash is not being used.
You've been answered multiple times. This shouldn't be so hard to understand. They can't use it because nobody is buying this altcashit. To use it they have to sell it to themselves... Selling it to themselves would be called a wash trade. It is a tactic that can be used to generate fake volume. Almost 92,000 extra BCH could be used to create dramatic effects in fake volume if used in wash trades. No?
It doesn't surprise me that their mined coins aren't going anywhere. And how could they with 4 hr block times? Lol
The blocks were coming in at about once a minute just yesterday. They have had plenty of opportunities to move those coins in supersonic times if they wanted to.  The way the BCH blockchain moves, it is similar to the Goldilocks fairy tail. Too hot, too cold, just right. Too hard, too soft, just right. Only big problem with the just right blocks is at those times the two mystery miners are mining over 97 % of the blocks. Nope you can generate 21M in volume just with a single BCH going back and forth 21M times. There's no need for huge stashes. Plus exchanges can always generate volume out of thin air and they don't need to have coins to back it up on paper. Look at OKcoin and whoboi volumes the day the hammer on wash trades came down |
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Since Ver/Wu/Wright own 97% of BCH mining, they can do the following:
1. Mine BCH, wash trade, and accumulate BCH on the down low
2. Switch mining hashrate from BTC to BCH
3. Pump BCH, lock up mining blocks, trade BCH for BTC into the pump
4. Switch hashrate back to BTC, pump BTC
5. Sell traded BTC into the pump, or just hold on to it (making them wealthier).
6. Profit
I contend that BCH is still just a money making scam to them. Sad that anyone would fall for that garbage. They don't want BCH, they want your Bitcoin. You'll see all that here soon, when you see BCH drop and BTC start to rise again.
And don't think for a second that their little operation isn't being "subsidized" by outside elements.
The problem with your assessment is that the two major mystery miners(probably two farms run by Jihan Wu) have not moved any of the coins that they mined. https://www.blocktrail.com/BCC/address/17Wk4GPKw9nZ9PbspzaxN3fv1L2m9NA9dg/transactions/out/0https://www.blocktrail.com/BCC/address/1BgatB78WrFLdCgnPnBqiDcNFFA46jkPZe/transactions/out/0That's very interesting. So they are accumulating and betting on some future pump. They are accumulating because they have no choice. Nobody else is buying altcash shit. Of course they have a choice. They could use their mined stash to do wash trades and give the appearance of high volume. But they are not doing that either. However, Bitcoin Cash is planning to do a hardfork around the time of the S2X hard fork. They are planning on coming up with a different difficulty adjustment algorithm to replace the EDA. https://www.bitsonline.com/bitcoin-cash-hard-fork/The developers claim that the timing of the hardfork has absolutely nothing to do with the upcoming S2x hardfork. (Right...I believe that. ) Did i miss the /s mark? Or there's seriously someone out there that thinks that $2.0B 24hr volume on a $7.9B market cab is normal trades... so every 4days every single coin should change hands? Then I have a bridge to sell you |
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Last few days BTC was oversold. The depth of the markets shows that the demand is rapidly increasing. Moreover at least 1/3 of the miners switched to BCH which is more profitable by 50%. I expected the price would hold during the weekend and probably go up in the next few days. Who knows, may be another ATH is coming?
Since Ver/Wu/Wright own 97% of BCH mining, they can do the following: 1. Mine BCH, wash trade, and accumulate BCH on the down low 2. Switch mining hashrate from BTC to BCH 3. Pump BCH, lock up mining blocks, trade BCH for BTC into the pump 4. Switch hashrate back to BTC, pump BTC 5. Sell traded BTC into the pump, or just hold on to it (making them wealthier). 6. Profit I contend that BCH is still just a money making scam to them. Sad that anyone would fall for that garbage. They don't want BCH, they want your Bitcoin. You'll see all that here soon, when you see BCH drop and BTC start to rise again. And don't think for a second that their little operation isn't being "subsidized" by outside elements. The problem with your assessment is that the two major mystery miners(probably two farms run by Jihan Wu) have not moved any of the coins that they mined. https://www.blocktrail.com/BCC/address/17Wk4GPKw9nZ9PbspzaxN3fv1L2m9NA9dg/transactions/out/0https://www.blocktrail.com/BCC/address/1BgatB78WrFLdCgnPnBqiDcNFFA46jkPZe/transactions/out/0That's very interesting. So they are accumulating and betting on some future pump. Or, or, no one wants to put real BTC or $ for BCH coin, so the only way they can prop up the price is by removing the supply altogether. They're making some nice margins on BTC so unfortunately they should be able to keep that for some time now. Expensive hobby though... |
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