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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703526 times)
moli1
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February 16, 2018, 02:15:51 PM
 #13441

cryptocurrency market recovery finally began to stall today, potentially bringing an end to the longest rally of 2018.

BCH price, however, continued to post double-digit percentage gains even as other coins began to trade sideways.

BCH price leaped by 12% for the day, reaching as high as 1,550 on Bitfinex before ebbing back to $1,478 at the time of writing.

BCH was the only top-tier coin to post a double-digit percentage advance — indeed, it was the only coin in the top 10 to rise by more than 2% — and it now boasts a market cap of $25.5 billion.
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February 17, 2018, 01:32:04 AM
 #13442

cryptocurrency market recovery finally began to stall today, potentially bringing an end to the longest rally of 2018.

BCH price, however, continued to post double-digit percentage gains even as other coins began to trade sideways.

BCH price leaped by 12% for the day, reaching as high as 1,550 on Bitfinex before ebbing back to $1,478 at the time of writing.

BCH was the only top-tier coin to post a double-digit percentage advance — indeed, it was the only coin in the top 10 to rise by more than 2% — and it now boasts a market cap of $25.5 billion.

That is really impressive.
Any particular reason for this? Hope it is not another pump and dump.
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February 17, 2018, 02:25:05 AM
 #13443

cryptocurrency market recovery finally began to stall today, potentially bringing an end to the longest rally of 2018.

BCH price, however, continued to post double-digit percentage gains even as other coins began to trade sideways.

BCH price leaped by 12% for the day, reaching as high as 1,550 on Bitfinex before ebbing back to $1,478 at the time of writing.

BCH was the only top-tier coin to post a double-digit percentage advance — indeed, it was the only coin in the top 10 to rise by more than 2% — and it now boasts a market cap of $25.5 billion.

That is really impressive.
Any particular reason for this? Hope it is not another pump and dump.

Like every other price pump just  before some event where Roger us attending give it a bit if time and it will dump again ready to pick up some more cheaper coins for the next pump

When the tech just don't cut it and you have to resort to objectifying women in a PR stunt you know he's scraping the barrel


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February 17, 2018, 02:30:47 AM
 #13444

Pump and dump games will always affect cryptocurrencies market. I just don't like when so important people in crypto world, like Roger Ver, are involved in this dirty process.

.
.7 BTC  WELCOME BONUS!..
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Mrpumperitis
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February 17, 2018, 03:53:01 AM
 #13445

Market Cap: $495,366,028,299.....tense   Cheesy

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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February 17, 2018, 04:00:10 AM
 #13446

Market Cap: $495,366,028,299.....tense   Cheesy

Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity

It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1

I would officially have a point with a $1trillion market cap
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February 17, 2018, 04:10:41 AM
 #13447

Market Cap: $495,366,028,299.....tense   Cheesy

Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity

It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1

I would officially have a point with a $1trillion market cap

ok ill edit for you m8 ,lol 

Market Cap: $0.....tense   Cheesy


Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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February 17, 2018, 04:14:39 AM
 #13448

Market Cap: $495,366,028,299.....tense   Cheesy

Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity

It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1

I would officially have a point with a $1trillion market cap

ok ill edit for you m8 ,lol 

Market Cap: $0.....tense   Cheesy



The metrics that are most relevant is circulating supply how much is actually being used now

Mrpumperitis
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February 17, 2018, 04:16:33 AM
Last edit: February 17, 2018, 04:37:20 AM by Mrpumperitis
 #13449

Market Cap: $495,366,028,299.....tense   Cheesy

Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity

It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1

I would officially have a point with a $1trillion market cap

ok ill edit for you m8 ,lol  

Market Cap: $0.....tense   Cheesy



The metrics that are most relevant is circulating supply how much is actually being used now


i give up with you on this m8 lol
ok what is the overall market value in your opinion?

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
tekmobile
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February 17, 2018, 04:35:41 AM
 #13450

Market Cap: $495,366,028,299.....tense   Cheesy

Market cap means nothing when there are coins out that are largely in the hands of a few and low tier coins with massive coin supply and no liquidity

It's like me launching a new coin and suppling 1 trillion but unlu distributing a few thousand and them gaining a value of $1

I would officially have a point with a $1trillion market cap

ok ill edit for you m8 ,lol 

Market Cap: $0.....tense   Cheesy



The metrics that are most relevant is circulating supply how much is actually being used now


i give up with you on this m8 lol
ok what is the overall market value in your opinion?

No idea never worked it out
Mrpumperitis
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February 17, 2018, 04:37:54 AM
 #13451

^lols...try it... Cheesy

imo...I think we could see alot of red around here...40%-60% drop is possible.

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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February 17, 2018, 04:46:19 AM
 #13452

^lols...try it... Cheesy

imo...I think we could see alot of red around here...40%-60% drop is possible.

It's enough that only one from the group of BIG guys will start dropping his fat packs and the price will drop  30-40%. I think it can happen quite soon...

.
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Mrpumperitis
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February 17, 2018, 04:58:36 AM
Last edit: February 17, 2018, 08:43:59 AM by Mrpumperitis
 #13453

^lols...try it... Cheesy

imo...I think we could see alot of red around here...40%-60% drop is possible.

It's enough that only one from the group of BIG guys will start dropping his fat packs and the price will drop  30-40%. I think it can happen quite soon...
True m8.
https://www.investopedia.com/news/bitcoin-price-retreats-10k-mysterious-buyer-emerges/
Also.....low volume, low buy support , lack of fomo and no lambo pics lol

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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February 17, 2018, 08:13:27 AM
 #13454

^so..what % is the instamine?  Grin

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
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February 17, 2018, 08:51:51 AM
 #13455

BCH price end 2018 ?
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February 17, 2018, 09:06:22 AM
 #13456

BCH price end 2018 ?
Yes please, I would like to know that as well!  Grin Grin Grin
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February 17, 2018, 09:17:35 AM
 #13457

BCH price end 2018 ?
Yes please, I would like to know that as well!  Grin Grin Grin

HODL  Cool
moli1
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February 17, 2018, 11:25:51 AM
 #13458

cryptocurrency market recovery finally began to stall today, potentially bringing an end to the longest rally of 2018.

BCH price, however, continued to post double-digit percentage gains even as other coins began to trade sideways.

BCH price leaped by 12% for the day, reaching as high as 1,550 on Bitfinex before ebbing back to $1,478 at the time of writing.

BCH was the only top-tier coin to post a double-digit percentage advance — indeed, it was the only coin in the top 10 to rise by more than 2% — and it now boasts a market cap of $25.5 billion.

That is really impressive.
Any particular reason for this? Hope it is not another pump and dump.
Yeah that is really majestic.

After a few days of positive cryptocurrency momentum, it seems the markets may turn bearish as we head into the weekend.

Such a  turn of events is anything but surprising, as we have seen some very solid gains all week long.

Even though the mood is souring, BCH price is still making some major gains.

Well, pump & dump is part of cryptocurrency, but let's see what happen in future with BCH.  Wink
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February 17, 2018, 06:02:56 PM
Last edit: February 17, 2018, 06:30:04 PM by tekmobile
Merited by Mrpumperitis (1)
 #13459

^lols...try it... Cheesy

imo...I think we could see alot of red around here...40%-60% drop is possible.

The numbers are already calculated on CMC just need to work out the percentages

BTC Market Cap is at 36$  Daily Volume is at 38%
ETH Market Cap is at 18% Daily Volume is at 11%
XRP Market Cap is at 9% Daily Volume is at 5%
BCH Market Cap is at 5% Daily Volume is at 3%
LTC Market Cap is at 2.5% Daily Volume is at 4.3%


Using these numbers

BTC is running at 105% of its Market Cap
ETH is running at 61% of its Market Cap
XRP is running at 55.5% of its Market Cap
BCH is running at 60% of its Market Cap
LTC is running at 172% of its Market Cap


Now as a example I will use U.Cash
This has a market cap of $732,848,366 putting it at #37 but the amount being transacted is just $852,434
The Market Cap is 1.4% but trading is only 0.004%
This means its running at 0.28% of its Market Cap

This is why market cap is a useless metric
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February 17, 2018, 08:12:21 PM
 #13460

^lols...try it... Cheesy

imo...I think we could see alot of red around here...40%-60% drop is possible.

The numbers are already calculated on CMC just need to work out the percentages

BTC Market Cap is at 36$  Daily Volume is at 38%
ETH Market Cap is at 18% Daily Volume is at 11%
XRP Market Cap is at 9% Daily Volume is at 5%
BCH Market Cap is at 5% Daily Volume is at 3%
LTC Market Cap is at 2.5% Daily Volume is at 4.3%


Using these numbers

BTC is running at 105% of its Market Cap
ETH is running at 61% of its Market Cap
XRP is running at 55.5% of its Market Cap
BCH is running at 60% of its Market Cap
LTC is running at 172% of its Market Cap


Now as a example I will use U.Cash
This has a market cap of $732,848,366 putting it at #37 but the amount being transacted is just $852,434
The Market Cap is 1.4% but trading is only 0.004%
This means its running at 0.28% of its Market Cap

This is why market cap is a useless metric


Interesting metrics, never thought about this angle.
What is your prediction for BCH? For me it's doing really well, I expected lower price on a long run.

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