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Author Topic: Was Bitcoin Cash a Pump Dump?  (Read 1946 times)
CryptoSocial
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August 02, 2017, 07:34:06 PM
 #1

Ended up loosing big money today, BCC started rising like crazy, brought 37 BCC's (some @ $530 and remaining @ 0.233 BTC) on kraken.

It went all the up to $811 on kraken and now falling endlessly, $310 at the time of writing this post.

My net balance of over $23000 is down to less than half at a little over $11,000.
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cyyap95
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August 02, 2017, 07:36:06 PM
Last edit: August 02, 2017, 09:23:05 PM by cyyap95
 #2

Ended up loosing big money today, BCC started rising like crazy, brought 37 BCC's (some @ $530 and remaining @ 0.233 BTC) on kraken.

It went all the up to $811 on kraken and now falling endlessly, $310 at the time of writing this post.

My net balance of over $23000 is down to less than half at a little over $11,000.

First of all, why did you buy BCC with $23k lol?

Serious advice: sell the BCC and think of it as a lesson.
piloder
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August 02, 2017, 07:44:53 PM
 #3

My net balance of over $23000 is down to less than half at a little over $11,000.
You bought something everyone is getting for free for $500+ which is the foolish move you have made. Don't expect price to recover to that level but you can wait if you like holding all those BCH you have. But I don't think you will be able to recover all those losses completely.
JavaScriptus
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August 02, 2017, 07:45:58 PM
 #4

Ended up loosing big money today, BCC started rising like crazy, brought 37 BCC's (some @ $530 and remaining @ 0.233 BTC) on kraken.

It went all the up to $811 on kraken and now falling endlessly, $310 at the time of writing this post.

My net balance of over $23000 is down to less than half at a little over $11,000.

             /.\/
            /
  /\      /
 /  \    /
/     ^/

good luck.

Web developer, pm me.
Naster
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August 02, 2017, 07:49:52 PM
 #5

tbh you shouldn't have bought BCH, It is a coin that can be acquired by everyone for free and im pretty sure the supply is so much, though I can't really argue with you since you already did bought bch, all I can do is good luck, hopefully reaches the price that you bought it for and get your original money  Sad

EkremO
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August 02, 2017, 07:51:34 PM
 #6

Same here Sad i bought at 0.36 . and now it is 0.20 .

But im not sure to sell it now or just wait.
Quantus
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August 02, 2017, 07:51:38 PM
 #7

It was a scam.  

(I am a 1MB block supporter who thinks all users should be using Full-Node clients)
Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us.
Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
FractalUniverse
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August 02, 2017, 07:52:22 PM
 #8

what made you to buy at 530? this can go pretty deep.
Kumo77
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August 02, 2017, 08:01:12 PM
 #9

Damn...

It's looking like that. The guys that promoted BCC/BCH made out like bandits from the fork.

The support for this coin is probably going to be under .05 to .10 BTC.

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August 02, 2017, 08:04:54 PM
 #10

i'm buy $299 but growing first i wan to buy more
andremd3
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August 02, 2017, 08:06:15 PM
 #11

It's only going to get worse when everybody else can get their BCC/BCH on exchanges and actually dump them.

I hope I'm not the last one!
EkremO
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August 02, 2017, 08:14:07 PM
 #12

It is like its raising atm ..  Roll Eyes Roll Eyes Roll Eyes
Thatstinks
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August 02, 2017, 08:30:30 PM
 #13

Jumped nearly $100+ in past hour, this thing has legs for a second wave in the coming hours..watch! Then dump again lol
fast2fix
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August 02, 2017, 08:41:30 PM
 #14

Ended up loosing big money today, BCC started rising like crazy, brought 37 BCC's (some @ $530 and remaining @ 0.233 BTC) on kraken.

It went all the up to $811 on kraken and now falling endlessly, $310 at the time of writing this post.

My net balance of over $23000 is down to less than half at a little over $11,000.
what's wrong with you? it's a pump dump altcoin. better sell it before it's too late. once bch starts hitting exchanges, it will be dumped. the value will go down to single digits.
Adbitco
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August 02, 2017, 08:42:13 PM
 #15

Yes most of the people are going to dump it and earn some good money with these free coins which unfortunately you bought and put so much money in. In fact people were waiting for this moment to come when they get bitcoin cash for free so that they can dump it and make some money. I can't predict it's future but it's present doesn't seem to look good.
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August 02, 2017, 08:43:25 PM
 #16

Jumped nearly $100+ in past hour, this thing has legs for a second wave in the coming hours..watch! Then dump again lol

It was around 750$ when I noticed it last. Are we getting in that amount of people to BCC. We need to wait for some months to verify it. How the status will be increase in future. I don't this to compete with bitcoin at anytime and it will be altcoin along with other alts.
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August 02, 2017, 08:45:21 PM
 #17

Same here Sad i bought at 0.36 . and now it is 0.20 .

But im not sure to sell it now or just wait.

It's reportedly losing its hashing. If it was me I'd cut my losses and put it down to inexperience and a bad trade.

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andremd3
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August 02, 2017, 08:46:59 PM
 #18

Jumped nearly $100+ in past hour, this thing has legs for a second wave in the coming hours..watch! Then dump again lol

This is like watching a game of hot potato.
Thatstinks
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August 02, 2017, 08:47:23 PM
 #19

Jumped nearly $100+ in past hour, this thing has legs for a second wave in the coming hours..watch! Then dump again lol

It was around 750$ when I noticed it last. Are we getting in that amount of people to BCC. We need to wait for some months to verify it. How the status will be increase in future. I don't this to compete with bitcoin at anytime and it will be altcoin along with other alts.

Will it hit $750+ again, may find out tonight, wouldn't be shocked if it did. Up $150 now on kraken in last hour.

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August 02, 2017, 09:13:42 PM
 #20

Same here Sad i bought at 0.36 . and now it is 0.20 .

But im not sure to sell it now or just wait.

It's reportedly losing its hashing. If it was me I'd cut my losses and put it down to inexperience and a bad trade.

I just did, -$69 , nice number though ... lolz .. But yeah, i put it down to inexperience and a bad trade, lesson for the next time Smiley
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