effect of BCH in BTC price

[hugeblack]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended

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[tabas]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

Many are still believing him but no way it won't replace bitcoin and btc will live.

2) Do you think this crash normal (7,800$ to 6,200$) or intended

Yes, it happened even before at lower price.

[rezaeee]

I think BTC never die

[J. Cooper]

Nope it won't. Ver and his buddies probably were the catalysts (or they just took advantage) of a bigger correction that was coming sooner or later (if you check the weekly chart of bitcoin you will see what I mean, https://bitcoinwisdom.com/markets/coinbase/btcusd, strong parabolic growth isn't sustainable it had to come down at some point). Whatever is going on with bitcoin cash, planned pump or not I still think bitcoin will remain dominant. Bitcoin was able to survive trough many years and overcame a lot of obstacles on it's way. It's been declared dead countless of times so I firmly believe bitcoin will last through this one as well.

[DigitalFox]

Looks like a pump and dump scheme is being used on BCH now. I can't find any other explanation to it.

[kwukduck]

This overtaking of Bitcoin by Bitcoin Cash has long been planned and is now being executed.

https://www.reddit.com/r/CryptoCurrency/comments/7c7eiz/segwit_2x_is_not_going_to_happen_it_never_was/

[rezaeee]

Many People Facing Issue Of Unconfirmed Transactions of BTC From Last 24 hours or so , this is happening because miners using their hashpower to BCH ( BITCOIN CASH ) , this is ridiculous and dangerous as there are thousands of unconfirmed transactions are lying on blockchain which happened only this time !!!

[thend1949]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

Many are still believing him but no way it won't replace bitcoin and btc will live.

2) Do you think this crash normal (7,800$ to 6,200$) or intended

Yes, it happened even before at lower price.

Well I am in favor that bitcoin will live for a long time and that must be forever, because it has been established already and its volume has a strong foundation in terms of asset. That price will have to fluctuate but don't think it literally as crash, because normally it occurs specially more dumps is happening everyday. More will be doing day trades specially those long term holders.

[bonosurgut]

Crash will stop in  in the nearest future. BCH is scam.

[PokerDiceMan]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended

BCH not big effect about bitcoin price
BCH can't kill bitcoin, bitcoin price downt not effect about BCH price or BCH issue

[alyssa85]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended

It's not much of a crash - as long as BTC stays above $6000 it's doing well, remember this was the price about 12 days ago.

However, BCH does have the capacity to hurt bitcoin by taking away hashing power. It now has 54% of the hashpower, causing massive delays on the bitcoin chain. How long this persists is anyone's guess. If it lasts just a few days, no harm done, If this goes on for months, then big damage will be done.

[noel2123]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended

BCH not big effect about bitcoin price
BCH can't kill bitcoin, bitcoin price downt not effect about BCH price or BCH issue

agree bitcoin price going down  at $6500 is not because of bitcoin cash , it just have some price correction and we could expect that it will recover maybe by next week , I really don't understand why people is linking bitcoin cash with bitcoin since  it has really nothing to do with it. Bitcoin cash is just a copy of bitcoin , many already tried to kill it but the good thing  is it always survive

[asriloni]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended

1 I don't think because for my personally I was considering as the bitcoin cash just another pnd. With so many people try to FUD to the bitcoin original. bitcoin cash will never replace the bitcoin original

2 I think that this should be considered as the bottom of the bitcoin itself. you can see some latest article about FUD from the bitcoin cash supporters.

[bitcoin31]

I think bitcoin will survive because many people loves bitcoin . For sure once bitcoin big dump the pricr they will buy again bitcoin so it will recover again the price. I think the price will become 7000 dollars price of bitcoin this week so be patient.

[BitMaxz]

In my own honestly its hard to know if bitcoin could stay and keep increasing but because of many company are supporting bitcoin will be stay as king of cryptocurrency. Bitcoin will be still main..
Bitcoin cash is just like other altcoin that could pump and dump since  bitcoin cash is new and still no company that can use bitcoin cash as payment processor
So it will be hard to think that bitcoin cash is the reason why the price of bitcoin is decreased .. and its impossible bitcoin could be replace by bitcoin cash..

[figmentofmyass]

1) Do you think Roger Ver  with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

roger's publicly identified coins weren't moving at BCH's lows (per greg maxwell). i'd love to see an update now. he wasn't willing to sell his BTC for BCH when it was bearish, so i wonder if a 4x from the lows is really good enough for him. if you follow the mystery BCH miner's coinbase transactions, they haven't moved anything either.

for both roger ver and jihan wu, this is looking like a long term play. i'm guessing both of them are smart enough not to put all their eggs in one basket. they are both sitting on massive amounts of both BTC and BCH. they don't need to take risks like that.

2) Do you think this crash normal (7,800$ to 6,200$) or intended

there was sort of a blow off top after the segwit2x cancellation news. that usually leads to a sell off. a lot of good analysts were expecting a drop to $5k before the news even came out. the BCH rush may have added to it (people selling BTC to buy BCH) but i think it was mostly just typical supply and demand and TA at play.

[tommy05]

In my own honestly its hard to know if bitcoin could stay and keep increasing but because of many company are supporting bitcoin will be stay as king of cryptocurrency. Bitcoin will be still main..
Bitcoin cash is just like other altcoin that could pump and dump since  bitcoin cash is new and still no company that can use bitcoin cash as payment processor
So it will be hard to think that bitcoin cash is the reason why the price of bitcoin is decreased .. and its impossible bitcoin could be replace by bitcoin cash..

agree but there is no other way to support miners given that the difficulty is increasing but to keep bitcoin value increasing ! However as bitcoin price increase transactions will become less and less affordable  , bitcoin cash might have a chance but given that bitcoin has a strong community it less likely to happen

[ladydark]

Looks like a pump and dump scheme is being used on BCH now. I can't find any other explanation to it.

Yes,BCH is just pumped and dumped by its supporters and its really a shocking experience to see that BCH has reached such a high price.Its immediately happening after segwit2x cancellation.It clearly shows the collaberation between BCH team and S2X team.It is just done to devalue the brand bitcoin and replace it with BCH.

[TTITA]

This overtaking of Bitcoin by Bitcoin Cash has long been planned and is now being executed.

https://www.reddit.com/r/CryptoCurrency/comments/7c7eiz/segwit_2x_is_not_going_to_happen_it_never_was/

If so, this situation could made by some people who want the bitcoin going down.
I see a lot of bitcoin transactions that stuck in 2 days. It seems that the miners are overwhelmed or indeed agreed to stall the time in speed up confirmation of each transaction, thus making the state of bitcoin increasingly pressed in the market.

[thecodebear]

BCH is a pump and dump coin. It is entirely used just for trading, a pure speculation coin. It is zero threat to bitcoin. Bitcoin Cash zealots just took the opportunity of the BTC correction to promote BCH and pump it to high heaven. Right now BCH is a huuuuuge bubble. When profit taking starts its gonna come crashing back down to $500 or so and all that money will flow back into Bitcoin. I wouldn't even yet call this a crash for Bitcoin by normal measures, only if it drops well under $6000 would I consider it a full on crash. Just a correction of people moving back into alts, as could have been expected, Bitcoin Cash just happens to be the alt that sucks up most of the money for right now, it'll dump soon and that money will be dispersed between bitcoin and the rest of the alt market.