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Author Topic: Who is pumping Bitcoin Cash?  (Read 3208 times)
miguelborges99
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November 10, 2017, 11:55:47 PM
 #1

Why Bitcoin cash is having such price variations in a single day? It almost double this day...

Who is pumping this coin?

It does not make any sense!!!

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November 11, 2017, 12:00:07 AM
 #2

Why Bitcoin cash is having such price variations in a single day? It almost double this day...

Who is pumping this coin?

It does not make any sense!!!
It would be none other than the bitcoin antichrist Roger ver and Jihan vu who were responsible for creating bitcoin cash by hard fork on august 1.Earlier,it was said that they had a masterplan of activating segwit 2x and creating segwit2x coins just to devalue the bitcoin brand.Simultaneously,they planned to pump BCH very high and then to claim BCH as true bitcoin.Unexpectedly,segwit 2x activation has been cancelled,but the second plan is being executed successfully.Other than this,there is nothing special about BCH other than a shitcoin.

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November 11, 2017, 12:01:50 AM
 #3

Everyone who wanted 2X
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November 11, 2017, 12:06:20 AM
 #4

the same ppl that spam the network right now. This guys is so ridiculous that believe they can make their shitcoin the new bitcoin. Tongue

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November 11, 2017, 12:20:58 AM
 #5

So the reason is due yesterdar Bitcoin Segwit2x hard fork was suspended  Shocked
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November 11, 2017, 01:10:34 AM
 #6

Why Bitcoin cash is having such price variations in a single day? It almost double this day...

Who is pumping this coin?

It does not make any sense!!!
Jihan Wu/Roger and friends obviously. They're going full throttle with their Bitcoin Cash shills, they need to make profit before it's too late. Also, their delusional followers are creating fake news so that people dump their BTC, Bitcoin Cash holders spreading FUD everywhere, Roger & co spamming the mempool with extremely low-fee transactions, they're also using Bithumb for artifical pump...
This is just a well coordinated attack on Bitcoin. But it won't last long, just hold.
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November 11, 2017, 01:15:03 AM
 #7

I can only be surprised to see a sudden increase, its increasing volume, I can not afford it even can not get 1 coin bitcoin cash, who is behind this increase I do not know anything  Huh Huh Huh

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November 11, 2017, 01:26:51 AM
 #8

No idea who's 'pumped' it to begin with, but everyone right now buying and selling for a short term gain is helping to continue pumping. I trade in A$ and last night it was near $1k, this morning $1.3, should have invested and pulled out quick Cheesy
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November 11, 2017, 01:28:00 AM
 #9

This is better than Game Of Thrones!!!
I never saw something like this in BTC and in BCH!!!

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November 11, 2017, 01:28:51 AM
 #10

A few people's dirty games having such an enormous impact on the crypto ecosystem goes to show that it still has a long way to go...
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November 11, 2017, 01:30:49 AM
 #11

i think we can only guessing for people which doing pumping bitcoin cash because we really don't know who is the pumper and we can only enjoy the ride. I think it will be good for us if we can make profit from the pumping and make sure that we can sell in high price and if the price is up and down too often then its mean we can do scalping but always remember to analyze before buy something and try to take a look the order buy and order sell.

miguelborges99
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November 11, 2017, 01:33:49 AM
 #12

Price manipulation is still a great problem in crypto currency market.  

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November 11, 2017, 01:39:52 AM
 #13

What's happening at present seems to be the price manipulation to make the alternate network strong as the core asset bitcoin. Else however market fluctuates such a growth with an altcoin is something unexpected. Now people would start investing on bitcoin gold as well expecting the same.

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November 11, 2017, 01:43:31 AM
 #14

I have a sneaking suspicion that one or more of the developers of Bitcoin Cash have some sway over
Coin Telegraph. See articles below. Does anyone know who is behind Coin Telegraph website or if anyone
connected to Bitcoin Cash has sway over the owner of that news site?

https://cointelegraph.com/news/bitcoin-reaches-end-of-an-era-expert-blog
https://cointelegraph.com/news/bitcoin-classic-shuts-down-as-staff-claim-bitcoin-cash-will-rule-in-6-months

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November 11, 2017, 01:46:29 AM
 #15

bitcoin gold

Just wait for Bitcoin Silver and Bitcoin Rareminerals or whatever to appear after that,

at some point enough is enough and the damage done to the entire Bitcoin brand and ecosystem will be too severe.

At some point one just can not take this crap serious anymore.
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November 11, 2017, 01:47:16 AM
 #16

Price manipulation is still a great problem in crypto currency market.  

Part of that is because the market is relatively small, and there are still a significant number of large holders.

The same thing happens in regulated stock markets. You have some smaller stocks that are relatively easy for gangs of manipulators to pump.

The key is just to understand that if you're not in on the pump, you need to be very careful about trying to get in. Also, watch order books, even if many orders aren't on them.

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miguelborges99
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November 11, 2017, 02:28:22 AM
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Part of that is because the market is relatively small, and there are still a significant number of large holders.

The same thing happens in regulated stock markets. You have some smaller stocks that are relatively easy for gangs of manipulators to pump.

The key is just to understand that if you're not in on the pump, you need to be very careful about trying to get in. Also, watch order books, even if many orders aren't on them.

I know it happens in regulated stock markets, but it causes distortions and economical crisis. Crypto currency can do it better and fight this.
Probably, order books could be somehow processed and correlated to detect price manipulation. Make these alerts more visible to everyone.

Can exchanges do something to mitigate price manipulation ?

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November 11, 2017, 02:33:00 AM
 #18

Have you guys not noticed a lot of Bitcoin transactions are stuck since the beginning of the week?
Some people had 0 confirmation 24 hours after they send a payment (with the standard blockchain.info fee). Block size becoming a problem?
We know how powerful Bitcoin Cash can be when it comes to block size.
Bitcoin better moves forward if it does want to become obsolete in the near future...
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November 11, 2017, 02:43:04 AM
 #19

There is no big puzzle about this. Bitcoincash is going to do a consensus fork on November 13th to fix it's emergency difficuloty adjustment and make it less volatile.

They're pumping the coin to ensure that it is still worth mining when the fork happens.

miguelborges99
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November 11, 2017, 03:07:39 AM
 #20

There is no big puzzle about this. Bitcoincash is going to do a consensus fork on November 13th to fix it's emergency difficuloty adjustment and make it less volatile.

They're pumping the coin to ensure that it is still worth mining when the fork happens.

One fix causes this impact. Wow!!!

Lets wait for the next Ethereum hard fork...

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