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Author Topic: BTC is dead. The plan is a shift to Bitcoin Cash.  (Read 21801 times)
ludmila79
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December 18, 2017, 08:15:56 PM
 #721

No, still well alive. Maybe it is hard to expect it to jump too high. But it is in rising trend...
Searing
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December 18, 2017, 10:18:00 PM
 #722



On a BCH note of $$$ falling from the sky on it hitting the world at around $280 USD I think it was

looks like you MAY NOT have to pay income tax on this free $$ falling from the sky from the below tax link

IF YOU JUST LEFT IT ALONE AND DID NOT MOVE IT etc and/or ignored and or did not sell or move any of it

ie likely NOT a taxable event (from what I can tell from the link below...ask your CPA ..show them the link)



of which with 22 the last I counted Bitcoin Forks dropping cash from the sky..that could be spendy

https://www.law.cornell.edu/cfr/text/26/1.451-2

so emptying out a your BTC wallet, then getting BCH wallet then running address thru again etc etc

may qualify as too much work with the above....and we are golden..not a taxable amount/event

so you do ZIP according to what I can tell above and it is likely NOT a taxable event

but I'd figure out what BCH and the other forks MAY cost you if IRS comes after us, as income

(the IRS really hates $$$ from the sky or gold from the ground w/o taxes...look at crypto minng)

thus, it is a long shot..but I'd be aware of this, and have an amount handy, just because...hey

its the frigging IRS, which goes by its own logic.

Rember, the IRS DID go after all 15 million people on coinbase and demanded passwords and everything

because they sued 3 guys who they suspected were cheating on taxes thru coinbase

so be aware the above link may not be the real deal and IRS could decide to spread FUD

and mess with this can of 22 forks dropping $$$ from the sky anyway and call it income for all of us

on all or any new forked BTC coins

but, calmed my nerves a bit, as this being unlikely...but ask your CPA and show him the link

just saying, I will have an amount on this on BTC forks at the end of the year anyway, I will

just hope I'm correct and won't have to add it on as gross income

later

brad




Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
BTCMILLIONAIRE
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December 18, 2017, 10:43:02 PM
 #723

I am not sure the bitcoin cash can be beat of bitcoin. Bitcoin cash is altcoins
and no altcoins can be replace bitcoin in the future.
There's no realistic scenario in which lolBCash could overtake Bitcoin right now.
acteck99
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December 18, 2017, 11:19:58 PM
 #724

I am not sure the bitcoin cash can be beat of bitcoin. Bitcoin cash is altcoins
and no altcoins can be replace bitcoin in the future.
There's no realistic scenario in which lolBCash could overtake Bitcoin right now.
Exactly, there is bitcoin for many years more!!
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December 18, 2017, 11:44:50 PM
 #725

I am not sure the bitcoin cash can be beat of bitcoin. Bitcoin cash is altcoins
and no altcoins can be replace bitcoin in the future.
There's no realistic scenario in which lolBCash could overtake Bitcoin right now.
Exactly, there is bitcoin for many years more!!

Good for you to get into investments at such a young age. I was still playing MMOs 20 hours a day. Best of luck to you!
Searing
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December 20, 2017, 12:48:17 PM
 #726


Is it just me...or does it seem that BCH jumps up in price quite a bit......drama/angst/etc...then about 24 hours or less

later.....BTC goes up to more or less previous value...and the big switcharoo? And Blamo! The whales have turned $$$

to BCH and then BCH into BTC.

(This could not be that cynical a process right? Evolution of Humanity to a Bigger and Brighter Future Right?)

Anyway, seems like this is getting as common as sun up each day in the east, and set in the west.

Could this really be that simple a reason that BCH was made?

Rinse/Wash/Repeat?

A 'newbie' perpetual ATM machine?

Naw! Jihan Wu and Bitmain and the others pumping BCH, would not stoop that low, right?

Heh, I crack myself up!


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
dagon666
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December 20, 2017, 03:20:32 PM
 #727

Bitcoin cash is just an altcoin taking advantage of bitcoin, who keeps on dreaming to take over bitcoin very soon which won't be happening anytime. The price is also just a bubble because it is controlled by whale and miners. Bitcoin Cash is just a centralized Bitcoin fork with less fees. They are trying to scam new investors with the name Bitcoin. For me, bitcoin will never die and the price will rise to 100.000usd

That's right, whenever I read this topic, I laugh. Bitcoin cash in nothing but a vampire trying to suck bitcoin community's blood. Existed almost 5 months ago but nothing improved, no innovation, just nothing. A clone, that's all.


I agree with both of you! BCH is a vampire and controlled by bigger leeches!
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December 20, 2017, 03:41:00 PM
 #728

Bitcoin cash is just an altcoin taking advantage of bitcoin, who keeps on dreaming to take over bitcoin very soon which won't be happening anytime. The price is also just a bubble because it is controlled by whale and miners. Bitcoin Cash is just a centralized Bitcoin fork with less fees. They are trying to scam new investors with the name Bitcoin. For me, bitcoin will never die and the price will rise to 100.000usd

That's right, whenever I read this topic, I laugh. Bitcoin cash in nothing but a vampire trying to suck bitcoin community's blood. Existed almost 5 months ago but nothing improved, no innovation, just nothing. A clone, that's all.

What do you expect from a copy? It cannot be that the mere copy will become much better than its original version or source. It is simply illogical and therefore impossible. Bitcoin Cash is really nothing but an attempt to debunk the top and most trusted coin. And what do you expect to be the result of such greedy move? Failure for sure. I hope those who are not really familiar with Bitcoin Cash and joined the group blindly with the expectation that their Bitcoin Cash will grow as high as Bitcoin will stop being dumb followers because they will become victims of Bitcoin Cash's fake pumps.

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KathNips
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December 20, 2017, 03:50:48 PM
 #729

Bitcoin cash is just an altcoin taking advantage of bitcoin, who keeps on dreaming to take over bitcoin very soon which won't be happening anytime. The price is also just a bubble because it is controlled by whale and miners. Bitcoin Cash is just a centralized Bitcoin fork with less fees. They are trying to scam new investors with the name Bitcoin. For me, bitcoin will never die and the price will rise to 100.000usd

That's right, whenever I read this topic, I laugh. Bitcoin cash in nothing but a vampire trying to suck bitcoin community's blood. Existed almost 5 months ago but nothing improved, no innovation, just nothing. A clone, that's all.

But unfortunately even this clone of BTC didn't get so much interest from bitcoin community. If I'm going to shift y investment for bitcoin (which might happen but not soon) I'll rather choose Eth than BCC.
TravelMug
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December 20, 2017, 04:08:35 PM
 #730

Bitcoin cash is just an altcoin taking advantage of bitcoin, who keeps on dreaming to take over bitcoin very soon which won't be happening anytime. The price is also just a bubble because it is controlled by whale and miners. Bitcoin Cash is just a centralized Bitcoin fork with less fees. They are trying to scam new investors with the name Bitcoin. For me, bitcoin will never die and the price will rise to 100.000usd

That's right, whenever I read this topic, I laugh. Bitcoin cash in nothing but a vampire trying to suck bitcoin community's blood. Existed almost 5 months ago but nothing improved, no innovation, just nothing. A clone, that's all.

What do you expect from a copy? It cannot be that the mere copy will become much better than its original version or source. It is simply illogical and therefore impossible. Bitcoin Cash is really nothing but an attempt to debunk the top and most trusted coin. And what do you expect to be the result of such greedy move? Failure for sure. I hope those who are not really familiar with Bitcoin Cash and joined the group blindly with the expectation that their Bitcoin Cash will grow as high as Bitcoin will stop being dumb followers because they will become victims of Bitcoin Cash's fake pumps.

Exactly, its just a replicate of bitcoin, and they are just waiting and an opportunist coin, just like the people behind it. Look at how they are pumping it right now, do you think its gonna be sustainable in the long run? NO. And people are gullible to fall for this trap.

I'm not going to Bitcoin Cash as well, they have attempted before to overtook Bitcoin and I doubt that they will be successful because they don't have the support of our community.

R


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leea-1334
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December 20, 2017, 04:19:10 PM
 #731

Bitcoin cash is just an altcoin taking advantage of bitcoin, who keeps on dreaming to take over bitcoin very soon which won't be happening anytime. The price is also just a bubble because it is controlled by whale and miners. Bitcoin Cash is just a centralized Bitcoin fork with less fees. They are trying to scam new investors with the name Bitcoin. For me, bitcoin will never die and the price will rise to 100.000usd

That's right, whenever I read this topic, I laugh. Bitcoin cash in nothing but a vampire trying to suck bitcoin community's blood. Existed almost 5 months ago but nothing improved, no innovation, just nothing. A clone, that's all.

I do not laugh, no point to ridicule something that obviously has a lot of value in the short term perspective of cheaper and faster. But this is the point that people do not see yet. It has no innovation, no improvement. A clone with bigger blocks that is it. While Bitcoin has struggles, it continues to improve, the community takes steps even as the developers do. Bitcoin Cash has what, angel investors shilling, insider trading on coinbase,,, the endless list of hype is sickening. But this is the world we have to deal with, a crypto that wins people over because it is all about the money.

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BCEmporium
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December 20, 2017, 11:27:31 PM
 #732


Is it just me...or does it seem that BCH jumps up in price quite a bit......drama/angst/etc...then about 24 hours or less

later.....BTC goes up to more or less previous value...and the big switcharoo? And Blamo! The whales have turned $$$

to BCH and then BCH into BTC.

(This could not be that cynical a process right? Evolution of Humanity to a Bigger and Brighter Future Right?)

Anyway, seems like this is getting as common as sun up each day in the east, and set in the west.

Could this really be that simple a reason that BCH was made?

Rinse/Wash/Repeat?

A 'newbie' perpetual ATM machine?

Naw! Jihan Wu and Bitmain and the others pumping BCH, would not stoop that low, right?

Heh, I crack myself up!


That's pretty much what BCash is for, isn't it? Trying to gain control, and if that fails at least grabbing some coins out of the pockets of gamblers and hype followers.

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GreatBug
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December 20, 2017, 11:37:34 PM
 #733


Is it just me...or does it seem that BCH jumps up in price quite a bit......drama/angst/etc...then about 24 hours or less

later.....BTC goes up to more or less previous value...and the big switcharoo? And Blamo! The whales have turned $$$

to BCH and then BCH into BTC.

(This could not be that cynical a process right? Evolution of Humanity to a Bigger and Brighter Future Right?)

Anyway, seems like this is getting as common as sun up each day in the east, and set in the west.

Could this really be that simple a reason that BCH was made?

Rinse/Wash/Repeat?

A 'newbie' perpetual ATM machine?

Naw! Jihan Wu and Bitmain and the others pumping BCH, would not stoop that low, right?

Heh, I crack myself up!


That's pretty much what BCash is for, isn't it? Trying to gain control, and if that fails at least grabbing some coins out of the pockets of gamblers and hype followers.

I think that people will soon realize that behind Bitcoin Cash stands only greed, not an honest and interesting project. Unfortunately, many people will lose, for sure many who joined to the cryptoworld in last months.
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December 21, 2017, 12:57:28 AM
 #734


Is it just me...or does it seem that BCH jumps up in price quite a bit......drama/angst/etc...then about 24 hours or less

later.....BTC goes up to more or less previous value...and the big switcharoo? And Blamo! The whales have turned $$$

to BCH and then BCH into BTC.

(This could not be that cynical a process right? Evolution of Humanity to a Bigger and Brighter Future Right?)

Anyway, seems like this is getting as common as sun up each day in the east, and set in the west.

Could this really be that simple a reason that BCH was made?

Rinse/Wash/Repeat?

A 'newbie' perpetual ATM machine?

Naw! Jihan Wu and Bitmain and the others pumping BCH, would not stoop that low, right?

Heh, I crack myself up!


That's pretty much what BCash is for, isn't it? Trying to gain control, and if that fails at least grabbing some coins out of the pockets of gamblers and hype followers.

I think that people will soon realize that behind Bitcoin Cash stands only greed, not an honest and interesting project. Unfortunately, many people will lose, for sure many who joined to the cryptoworld in last months.
That's what happens when you don't do your due diligence properly. If someone loses a significant amount to the BCash scam they kind of deserve it for going into things blindfolded. I do hope that everybody responsible will be held accountable though.

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Wong Kalong
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December 21, 2017, 01:04:45 AM
 #735

don't get me wrong, bitcoin currently has reached a very high price from the previous month. Indeed the currently stable but for the future may be the more expensive again.
cl0ckw0rk
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December 21, 2017, 01:23:41 AM
 #736


Is it just me...or does it seem that BCH jumps up in price quite a bit......drama/angst/etc...then about 24 hours or less

later.....BTC goes up to more or less previous value...and the big switcharoo? And Blamo! The whales have turned $$$

to BCH and then BCH into BTC.

(This could not be that cynical a process right? Evolution of Humanity to a Bigger and Brighter Future Right?)

Anyway, seems like this is getting as common as sun up each day in the east, and set in the west.

Could this really be that simple a reason that BCH was made?

Rinse/Wash/Repeat?

A 'newbie' perpetual ATM machine?

Naw! Jihan Wu and Bitmain and the others pumping BCH, would not stoop that low, right?

Heh, I crack myself up!


That's pretty much what BCash is for, isn't it? Trying to gain control, and if that fails at least grabbing some coins out of the pockets of gamblers and hype followers.

I think that people will soon realize that behind Bitcoin Cash stands only greed, not an honest and interesting project. Unfortunately, many people will lose, for sure many who joined to the cryptoworld in last months.


And there's no greed behind Blockstream and their incessant censoring and insistent push for their "sidechains?"
BCEmporium
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December 21, 2017, 02:22:34 AM
 #737


Is it just me...or does it seem that BCH jumps up in price quite a bit......drama/angst/etc...then about 24 hours or less

later.....BTC goes up to more or less previous value...and the big switcharoo? And Blamo! The whales have turned $$$

to BCH and then BCH into BTC.

(This could not be that cynical a process right? Evolution of Humanity to a Bigger and Brighter Future Right?)

Anyway, seems like this is getting as common as sun up each day in the east, and set in the west.

Could this really be that simple a reason that BCH was made?

Rinse/Wash/Repeat?

A 'newbie' perpetual ATM machine?

Naw! Jihan Wu and Bitmain and the others pumping BCH, would not stoop that low, right?

Heh, I crack myself up!


That's pretty much what BCash is for, isn't it? Trying to gain control, and if that fails at least grabbing some coins out of the pockets of gamblers and hype followers.

I think that people will soon realize that behind Bitcoin Cash stands only greed, not an honest and interesting project. Unfortunately, many people will lose, for sure many who joined to the cryptoworld in last months.


And there's no greed behind Blockstream and their incessant censoring and insistent push for their "sidechains?"
They're not deliberately fucking every user of Bitcoin over by manipulating markets, spamming the blockchain and locking off trades during their attacks.

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BTCMILLIONAIRE
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December 21, 2017, 03:08:04 AM
 #738


Is it just me...or does it seem that BCH jumps up in price quite a bit......drama/angst/etc...then about 24 hours or less

later.....BTC goes up to more or less previous value...and the big switcharoo? And Blamo! The whales have turned $$$

to BCH and then BCH into BTC.

(This could not be that cynical a process right? Evolution of Humanity to a Bigger and Brighter Future Right?)

Anyway, seems like this is getting as common as sun up each day in the east, and set in the west.

Could this really be that simple a reason that BCH was made?

Rinse/Wash/Repeat?

A 'newbie' perpetual ATM machine?

Naw! Jihan Wu and Bitmain and the others pumping BCH, would not stoop that low, right?

Heh, I crack myself up!


That's pretty much what BCash is for, isn't it? Trying to gain control, and if that fails at least grabbing some coins out of the pockets of gamblers and hype followers.

I think that people will soon realize that behind Bitcoin Cash stands only greed, not an honest and interesting project. Unfortunately, many people will lose, for sure many who joined to the cryptoworld in last months.


And there's no greed behind Blockstream and their incessant censoring and insistent push for their "sidechains?"
There's a difference between arguing for something and wash trading, manipulating public opinion with lies, insider trading, manipulating exchanges, flooding the blockchain and manipulating hashrate and network difficulty.
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December 21, 2017, 03:33:22 AM
 #739

Recently there has been a huge pump of bitcoin cash due to whales manipulating the price at an exchange coins base saw this and pause the trade of bitcoin cash, there will always be a pump at a certain exchange and it will affect others too.
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December 21, 2017, 04:14:55 AM
 #740

Recently there has been a huge pump of bitcoin cash due to whales manipulating the price at an exchange coins base saw this and pause the trade of bitcoin cash, there will always be a pump at a certain exchange and it will affect others too.
Coinbase was onboard with the manipulation. They paused trading so the whales could shear the sheep.
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