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Author Topic: Increase in BCH price is temporary only Bitcoin survives  (Read 863 times)
masterbt
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November 11, 2017, 02:11:09 PM
 #1

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?

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November 11, 2017, 03:10:09 PM
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Majority purchase bitcoin in preparation for fork but since the fork did not take place again they are looking for the most available place to make profit. Do not worry about bitcoin price because it is natural for the price to fluctuate.

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November 11, 2017, 03:35:41 PM
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Majority purchase bitcoin in preparation for fork but since the fork did not take place again they are looking for the most available place to make profit. Do not worry about bitcoin price because it is natural for the price to fluctuate.

Why would they? Can you explain that? Since after the fork we'd have a split of value between the chains, no airdropped coin like there was with BCC and BTG. If you invested in BCC because you expected something for free after 2x you were delusional and are now selling at a loss trying to recuperate losses on BCC. Do you want to know what happens next? Once Roger and friends have pumped BCC enough they will take their profits and proceed to pumping another altcoin, because that's what BCC is, just an altcoin.

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November 11, 2017, 03:40:58 PM
 #4

Majority purchase bitcoin in preparation for fork but since the fork did not take place again they are looking for the most available place to make profit. Do not worry about bitcoin price because it is natural for the price to fluctuate.

That's true! A lot of people including me have started stacking up bitcoin before the fork to receive free money. The positivity around 2X was even more increased when a big & old company like Coinbase announced that they will support SegWit 2X. So people expected a lot from this fork on November 16th. We all expected to receive some good amount of free money from our holdings and bought more bitcoin to get more free money. We all knew that bitcoin price will come down to a certain extent after the fork and we all were prepare for the same. When the fork cancelled, a lot of investors started selling out their bitcoin holdings which they stacked up additionally. I am not worried about bitcoin price, becase it will bounce back when the time comes, but the sudden increase in BCH price is most definitely a speculative bubble.

   
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perrysaico
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November 11, 2017, 03:44:10 PM
 #5

Very helpful insights for my decision making. I am really worried about BTC right now.
But hearing from you guys, I think i will put some more into BTC.
I really believe the BTC price will be back anytime soon!!

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November 11, 2017, 03:45:59 PM
 #6

No Alt coin will be able to hold a candle to Bitcoin, once the Lightning Network is implemented. Those who are buying Bitcoin

Cash now, will run back to Bitcoin {BTC} once this is implemented. The only reason why the Bitcoin Cash price is increasing

now is.. is because Roger Ver told his followers to buy it. {They pump the price and once it reach a certain price, then they

will dump it for huge profits} The Lightning Network is the perfect scaling solution....  Wink

Thamon
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November 11, 2017, 04:06:15 PM
 #7

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?
Well that is how the investing and trading industry works everyone is looking for a profit. Eventually bitcoin is falling so many holders now trading it with another coin that has potential to grow.
Thanasis
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November 11, 2017, 04:21:26 PM
 #8

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?
Well that is how the investing and trading industry works everyone is looking for a profit. Eventually bitcoin is falling so many holders now trading it with another coin that has potential to grow.

So they think bitcoin cash or other altcoin will beat bitcoin i don't think so it will happen because bitcoin has the most stable structure over the other coins.Bitcoin has the highest trading volume so if a new user coming to crypto he will make bitcoin as his buying option.But the altcoin give good price bump in the intial stage but later it will get diluted.And more important is the security of bitcoin is more than anyother altcoin so bitcoin will be always the king.

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November 11, 2017, 04:34:18 PM
 #9

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?
bitcoin is fall in current status. All the coins are also fluctuate in market. Bitcoin cash is fast growing in market. So all the competitors turn this side. But all are realise in after November. Because Bitcoin is fluctuate in currently. Next Bitcoin cash fluctuate that time all move to Bitcoin. So I think wait for next one to two month.

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November 11, 2017, 04:45:35 PM
 #10

I don´t believe that what created by a minority will now be able to make everyone abandon BTC and move to BCH.

Just wait for BCH to crash and come down hard.
xaviervilla
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November 11, 2017, 04:51:01 PM
 #11

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?

This kind of thing has happened to not only bitcoins but also to a lot of all other crypto currencies  and that is why i keep on holding bitcoins. So i won't have to regret. I just hope that this currencies ; bitcoin, and other altcoins succeed sooner or later and maintain their prices and become better.

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ruzel13
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November 11, 2017, 04:51:44 PM
 #12

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?
Well that is how the investing and trading industry works everyone is looking for a profit. Eventually bitcoin is falling so many holders now trading it with another coin that has potential to grow.

So they think bitcoin cash or other altcoin will beat bitcoin i don't think so it will happen because bitcoin has the most stable structure over the other coins.Bitcoin has the highest trading volume so if a new user coming to crypto he will make bitcoin as his buying option.But the altcoin give good price bump in the intial stage but later it will get diluted.And more important is the security of bitcoin is more than anyother altcoin so bitcoin will be always the king.
I did not say anything like that and I know bitcoin will pump again after the fall down. What my point is you need to trade your bitcoin with another currency that is growing to avoid loss of money.

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November 11, 2017, 04:54:51 PM
 #13

It just a little trick from the richest with large coin holding, people will be like let's go for the bcc, but you are getting fool. Soon when the price is good enough so they could get the profit, they will sell out, and back to the btc again. Rule number one on BTC don't sell when it down, and don't buy when it high
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November 11, 2017, 04:59:12 PM
 #14

This coin was pumped already up to near BTC 0.40 level, in August, if I remember well.
... and then hard crash to around BTC 0.05 level.

First time I sold at 0.27, this time I sold at around 0.11 and I am out of this coin.
Maybe too early but, I am on safe side of the story.
Seems, they want to achieve the same levels up to 0.20+ ... and then crash again.  Grin
Don't you think so?

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November 11, 2017, 05:15:12 PM
 #15

It seems like BCH got pumped up once the latest batch of Bitmain miners were released. Probably because people needed to buy BCH to buy the hardware.

Bots trading notice an influx in BCH and move to get positions there. Doubt this will last long
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November 11, 2017, 05:47:36 PM
 #16

No Alt coin will be able to hold a candle to Bitcoin, once the Lightning Network is implemented. Those who are buying Bitcoin

Cash now, will run back to Bitcoin {BTC} once this is implemented. The only reason why the Bitcoin Cash price is increasing

now is.. is because Roger Ver told his followers to buy it. {They pump the price and once it reach a certain price, then they

will dump it for huge profits} The Lightning Network is the perfect scaling solution....  Wink




What is holding them back from implementing this sooner than later?

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November 11, 2017, 05:53:05 PM
 #17

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?

I feel that bitcoin cash is inevitably going to crash but it will retain a price higher than that which it had before all the panic around segwit2x, I suspect that it will stabilise somewhere around 1k and that it will creep up slowly over time until solutions are put forward for scalability issues for bitcoin. Personally I missed the opportunity to move in to bitcoin cash and now I feel it is too late so I'm just holding my bitcoin.

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November 11, 2017, 06:04:07 PM
 #18

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear.
And it doesn't seem like a smart move. I'm not so confident in BCH growth support so buying it now when is is on the top doesn't seem smart. Even so I see absolutely nothing that can guarantee that your money will be safer in BCH than in BTC

Haladay
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November 11, 2017, 06:05:50 PM
 #19

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?

Of course it's temporary. Remember the first time BCH existed after soft fork on 1 august. Then it reached almost 0.5 BTC price and then we observed a hard dump. The similar pattern may apply. We know nothing changed with bitcoin and the real one is obviously BTC on the market.
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November 11, 2017, 06:27:12 PM
 #20

Many investors are moving their bitcoin to bitcoin cash due to the cancellation of fork and bubble burst fear. They will come back to bitcoin once they start seeing some crash over there. BTG thing will also be interesting as investors move from this to that will give bitcoin a boost.

It is just a cycle and panic thing. Things will become normal soon. what do you think? are you holding or moving?
the BCH is currently rocketing, it will not belong. it's possible to say bitcoin is just undergoing a big correction. in the near future, it will be back again fully reach its original price and will greatly enable the price to go back up. for now enjoy the triumph of altcoin, because if it is seen again it is very difficult for altcoin to achieve attainment like this.
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