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Author Topic: Don't fall for the Bitcoin Cash Pump!!  (Read 3466 times)
Btcvilla
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November 13, 2017, 04:55:21 AM
 #81

You might have already seen the stats,might have already known through sources and various blog posts how Bitcoin cash is bla blah blah but hey don't fall for it! As far as my opinion is concerned,sudden rise in the prices is just another pump which is a no big deal.The coin's going to fall down soon.
We have came too far to realise how exactly this works and to the newbies,please don't invest whatever you have into bitcoin cash because chances are you might lose them.

Another rumour is spreading around right now : "Bitcoin Core-The end is near" - We have see too many instances where people said the same for like the million times and bitcoin still is ruling the throne.

I think you're right. however, there will be big sales after the bitcoin core will be distributed later. I just wait for the bitcoin to drop, and will buy it for a lot.
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November 13, 2017, 04:58:08 AM
 #82

Trade if fun but the sudden rise of BCH will dump hard too, if you bought bch for 400$ then you can hodl just don't be the bag holder, it's not new with ALTS every day a coin is being pump. Even bitcoin price was hyped due to segwit then drop hard after cancellation of segwit. If you don't want a complicated life then just hold and enjoy the pump and dump scene.
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November 13, 2017, 05:09:04 AM
 #83

As more money is entering this asset class, we are starting to see how big money can manipulate the market.  It reminds me how penny stocks can be manipulated, but it actually seems worse with Cryptos.  It’s kind of scary, and may be the downfall of Cryptos as an asset class.

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November 13, 2017, 05:12:49 AM
 #84

As more money is entering this asset class, we are starting to see how big money can manipulate the market.  It reminds me how penny stocks can be manipulated, but it actually seems worse with Cryptos.  It’s kind of scary, and may be the downfall of Cryptos as an asset class.

While I agree it is frightening I think that in time the crypto landscape will change, while penny stock exchanges will always have penny stocks, crypto will grow so that eventually there will be so much money in a lot of the coins that it will take huge huge amounts of money to be able to effectively manipulate the price.

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November 13, 2017, 06:28:49 AM
 #85

You might have already seen the stats,might have already known through sources and various blog posts how Bitcoin cash is bla blah blah but hey don't fall for it! As far as my opinion is concerned,sudden rise in the prices is just another pump which is a no big deal.The coin's going to fall down soon.
We have came too far to realise how exactly this works and to the newbies,please don't invest whatever you have into bitcoin cash because chances are you might lose them.

Another rumour is spreading around right now : "Bitcoin Core-The end is near" - We have see too many instances where people said the same for like the million times and bitcoin still is ruling the throne.

I think you're right. however, there will be big sales after the bitcoin core will be distributed later. I just wait for the bitcoin to drop, and will buy it for a lot.


i hope that you can buy when the price is reach $59xx in yesterday because today it seems the price wants to increase and i see in poloniex the price is reaching $61xx-$62xx. so if you can buy at yesterday, i think now you can make your profit. i see many rumor about that but i don't think that bitcoin will end soon and another coins is replace bitcoin because bitcoin is still have a long journey and people can follow the journey and make profit with bitcoin.

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November 13, 2017, 08:03:32 PM
 #86

I dont think so. Bitcoin has many disadvantages. There were hundred delay Bitcoin transactions now. If developers can't improve, there will be another replace Bitcoin. Bitcoin cash is an example

Lightning Network will boost the Bitcoin and with its price. There is no coin that can replace Bitcoin, maybe good alternatives.
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November 14, 2017, 08:39:40 PM
 #87

Going to pump again  Smiley
It won't last that long because there is another coin being traded with pretty much the same type of distribution (Bitcoin Gold).

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Brian Ray
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November 15, 2017, 01:20:02 AM
 #88

Going to pump again  Smiley
It won't last that long because there is another coin being traded with pretty much the same type of distribution (Bitcoin Gold).


Have you looked at the price of Bitcoin Gold lately? I don't think it has a future, especially with the dozens of other GPU coins around.

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November 15, 2017, 02:23:51 AM
 #89

Irrational exuberance. A lot of new money is coming in. Its opportunistic and can not discern quality. Expect lots of volatility.
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November 15, 2017, 06:43:45 PM
 #90

Looks like BCH is going to stay above $1,000. I think it's going to continue to make a run.

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GayOfThrones
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November 16, 2017, 05:20:02 AM
 #91

As we have been forecasting, the dump has followed the pump, even though it has been a quite smooth dump and it is not over yet.

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November 16, 2017, 05:25:02 AM
 #92

Yes I do completely agree with op’s statement even I feel the same it’s a game of pumpers or big whales I been in cryptoworld world just about a year in this time I have seen lots of pump and dump game. Don’t get into trap people.
FrankNoland
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November 16, 2017, 05:48:01 AM
 #93

I have to agree with you, a lot investors who fell for this pump and dump have lost on their initial investments. For instance: if you bought when the value was pumping around $2000 with the intentions that it was going for $5000, you have made more than $500 loss, which isn't good since you might not recover it anytime soon. I don't see the value of bitcoin cash going above $2000 again anytime soon, rather dump to $300 once again, which is not good for investors who bought at a higher value. No matter what happens, stick with bitcoin.

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November 17, 2017, 09:29:41 PM
 #94

BTC starting to fall again, get ready for the next BCH/BCC pump! Word from Roger Ver is its going to be the biggest yet. Go BCH pump! Sell BTC now if you haven't yet, before it drops anymore, get ready with your bitcoin cash for the next pump! Rise and repeat profit hunters!!
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November 17, 2017, 10:05:11 PM
 #95

Thanks to all our friends to bitcointalk I didn't fell for this trap. This is a great lesson. Nothing special happens in just a week time to make price jump that much. So it turned back. I guess it will even drop more.

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November 20, 2017, 09:01:23 AM
 #96

Thanks for the warning but I'm not the type who falls in hype and second is I don't invest and will never invest in BCC. This message should be delivered to many members who are curious why BCC lifted up and taking the second spot from Ethereum so the pump will not continue again.
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November 20, 2017, 10:51:17 AM
 #97

Unfortunately a lot of people actually fell in this trap of bitcoin cash. If someone was following bitcoin cash they would have know that the growth was not at all organic and clearly it was pump and dump.

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November 20, 2017, 10:52:28 AM
 #98

When is Lightning coming?

And whats your outlook on that?
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November 20, 2017, 11:08:46 AM
 #99

indeed I agree with you. I think for the longer term ethereum will compete with bitcoin. so I am waiting for the ethereum to go back to 285$. bitcoin cash is just a short time pump by some whales
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November 20, 2017, 11:42:39 AM
 #100

I think the ending events are absurd in my opinion
Who can be so sure?
We are still under the influence of Bitcoin like all altcoins
I can't trust Bitcoin Cash


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