I'M GETTING REALLY ANGRY! WTF is happening with this BTC/BCH crap!

[Drawxp]

a whale got smashed so hard on poloniex. 2600 btc at 0.5 bch buy order and it didn't last 10 minutes. poor guy

[williamevanl]

I'm not seeing that drop anywhere, though I do think that will happen for sure! This is a failed takeover Bitcoin cash is going to get smashed hard!

[gamer455]

BCH from $$2850 to $$1700  

A lot of people got their asses handed to them in this first dump and it is still tanking.  Don't fall for these whale games, just lock your BTC away on a hardware wallet then put it in a safe =P

I started contemplating the idea of selling all my BCH when it hit $2500, and by the time I was done thinking it was already back under $2000  

I sold everything at around 2.200 and I am really happy with it, esp. because I bought at 700. I am sure it will increase further more the next days, but do not expect it to be on a constant 2.500 level. Also: Too much stress, always take care of your health

Haha, but imagine being on Bithumb. They have maintenance problems for an hour now, Coinmarketcap still shows 2.600. Poor guys. I remember Bitfinex being off for 25 minutes some days ago when BTC increased by 200 Dollars and everyone was complaining. But this Bithumb-fail is much much worse.


BTW Am I the only one hoping that the time of one coin ruling everything will be finally over soon? I cannot see it anymore, first BTC tanks, then BCH, and everything else is getting dumped into the process. Gave me the change to buy some IOTA, Neo, Dash and LTC cheap, but still. Stahp.

[Sale_man]

I must admit that I only started investng in Bitcoin at around the $3000 price, but I saw it soar to nearly $8k in anticipation of the Seg2 split....which is now void...and the price is instantly plummeting as Bitcoin Cash is soaring?  WTF!  I've lost $2k in Btc in 48 hours?  Is BTC going to continue spiralling downward and for how long?  What is the bottom going to be?  Am I supposed to just transfer everything to Bitcoin Cash?  

Advice for a noob?  Thanks kindy!

EDIT:  OR DOES ANY OF THIS HAVE TO DO WITH TOMORROW'S  BITCOIN GOLD FORK?

We undrstand your fears about losing the value of your coins and getting worried is very normal at such times . Yet you already know that bitcoin managed to rise again after every hard fork and ever new cryptos ( which all of them were very successfull at their beginnings and were direct threat to bitcoin ) . So i won't really be any worried and i won't really bother the value drop now because , and mark my words , no one will take the crown out of bitcoin .

[Matt6515]

a whale got smashed so hard on poloniex. 2600 btc at 0.5 bch buy order and it didn't last 10 minutes. poor guy

Yup...saw BCH rise to 2500 for about 20 sec......your whale story helps me HOLD and feel better about it.  Thx

[junoreactor]

Right now, my emotions are taking over, and I probably checked BTC price 10 times today already (usually I check once a day). Not good.
I rather let one week pass without checking the price and do other things. I won't sell. We need to be strong. But it is hard to deny how powerful BCC is.

One thing I don't get though is why so many BTC transactions are stuck and take ages since the start of the week. I don't get this since Segwitx2 was canceled, so why is it happening?

Be strong guys.

[crptotrader007]

BCH has been used many times for a pump and dump and since Segwit2x is now suspended they are using this for their advantage and spreading rumors like BCH is going to defeat BTC and Business people are adopting BCH over BTC becuase of its low transaction fee and bigger block size.
A particular group of people, mostly big whales, are manipulating BCH price and pumping it to extreme. I am pretty sure the dump is near.
Get out quick if you have invested in it.

[Nyenyepogi]

I must admit that I only started investng in Bitcoin at around the $3000 price, but I saw it soar to nearly $8k in anticipation of the Seg2 split....which is now void...and the price is instantly plummeting as Bitcoin Cash is soaring?  WTF!  I've lost $2k in Btc in 48 hours?  Is BTC going to continue spiralling downward and for how long?  What is the bottom going to be?  Am I supposed to just transfer everything to Bitcoin Cash?  

Advice for a noob?  Thanks kindy!

EDIT:  OR DOES ANY OF THIS HAVE TO DO WITH TOMORROW'S  BITCOIN GOLD FORK?

Dont be mad sir because this is the best thing that i saw because based on my prediction if the bitcoin goes down again many investor or buyyer will buy again in bitcoin so bitcoin is going increase again double or triple.

[gamer455]

Right now, my emotions are taking over, and I probably checked BTC price 10 times today already (usually I check once a day). Not good.
I rather let one week pass without checking the price and do other things. I won't sell. We need to be strong. But it is hard to deny how powerful BCC is.

One thing I don't get though is why so many BTC transactions are stuck and take ages since the start of the week. I don't get this since Segwitx2 was canceled, so why is it happening?

Be strong guys.

Best recommendation (even though it is also difficult for me): Do not check your Bitcoins (and Altcoins, if they are not very high-risk ones) for days or even for weeks. Believe me. I told my friends about Bitcoins, they invested in in (not much, maybe 1 BTC) and every once in a while they ask me, where Bitcoin is now. Then I tell them and they "Really? Wow, another grand!". And then they live their life, go outside, play, marry, etc.

[dreamer81]

dont mind it. It's a phase. jihan wu is trying to force bitchcoin cash onto the peoiple, but we know better. we know that bitcoin is the only real bitcoin, and he can take his forked altcoin, and stuff it.

also know that he has a lot of money, which is why his attack might seem successfull, but in the end he will loose.

[NorrisK]

Better get used to "gaining" and "losing" money with bitcoin. Just remember you only had it if you decided to sell it at one point. No point contemplating what ifs.

Seems like bitcoin will pull through now that bch has crashed hard. There may be a second wave though.

[CryptoTamer]

I must admit that I only started investng in Bitcoin at around the $3000 price, but I saw it soar to nearly $8k in anticipation of the Seg2 split....which is now void...and the price is instantly plummeting as Bitcoin Cash is soaring?  WTF!  I've lost $2k in Btc in 48 hours?  Is BTC going to continue spiralling downward and for how long?  What is the bottom going to be?  Am I supposed to just transfer everything to Bitcoin Cash?  

Advice for a noob?  Thanks kindy!

EDIT:  OR DOES ANY OF THIS HAVE TO DO WITH TOMORROW'S  BITCOIN GOLD FORK?

At least you are still lucky because only lost $2000 of profit
I think the battle between Bitcoin and BitcoinCash is still going on this week,maybe the bottom of Bitcoin is $5000 and do not transfer everything to BitcoinCash because that means you are betting on BitcoinCash

[llanaio]

If I'm  lucky, I sleep through these things and just wake up to see some weird blips on the chart.

BTC is not going anywhere. It will gravitate back to it's recent levels and then increase from there. BCC is not getting listed on CME next month and soon after ETFs, BTC is.

But transactions times are abysmal right now. I have a 14 BTC transaction unconfirmed with a 0.00073684 BTC fee for 30 hours now. GDAX and Coinbase are cautioning slow transaction times. I think a lot of people are waking up to the fact that BTC at the moment is laboring under its own weight. (Maybe those 2X guys had a bit of a point.) BCC is looking looking undervalued, and as it always does, the pendulum swings too far at first.

Cool heads prevail. BTC is still the king. Recent events suggest that maybe BCC isn't the sh!tcoin some have been seeing it as.

(The real slaughter is coming in ETH. The have a DAO X3 on their hands right now. When people realize that ETC does everything ETH does at 1/20th the price, we're going to see the same action there, but worse.)

Times like these, thank god I live where pot is legal! Chill.

[Amitabh S]

Seems miners are also intending to pump and dump. Antpool has been mining bch and not much btc over last 12 hours or so. Someone is looking for a huge pump dump.

[Games.Bitcoin]

Looking at the market price now, I'm caught in between buying btc at this dip or going straight for bch. BCH has risen 93% in 24h... it's the dice roll of the century...

[iamvip987]

just commit the fact the value of bch is from btc, you can't not use bch anywhere else exchange back to btc

[mondobitcoin]

This crypto market is incredible...
Now the price of BCH is 1700$ and is growing up 
Maybe is the time for sell BTC and buy BCH?

[semaforo]

So, basically financial regulation in major markets like UK, USA, and Japan means that only the ultra ultra rich can do pump and dumps. If you cross them they can pump and dump your entire country's currency.

  Now with crypto slightly less rich people are getting the opportunity to pump and dump entire currencies too.

  My vote is for hodl.

 The big backlog of txs is mostly very low fee txs and panic sellers trying to move their funds to exchanges. This in no way reflects any kind of fatal issue with bitcoin itself. However this should encourage people to continue developing altcoin infrastructure.

  Every method of coin governance has trade offs. Of course there is more freedom and flexibility with smaller coins, because there is much less at stake and far fewer interests.

  Did anybody seriously think there was going to a rally to $7k and then a sweet years long period of stability at $7k? Or a continuous run up to $100k? It would not fit with the pattern. BTC rallies generally seem to involve 500%-2000% increases (rough guesstimate) with crashes down 80% from the high. Why would this time be different?

  There's a bunch of new money, again, that doesn't really now what's going on, again, and gets easily spooked. Again.

  When BCH has infrastructure built up to the level of BTC, then it can happily overtake BTC due to differences of opinion. That will take years. Until then, it ain't gonna happen.

[rufosz]

 I'm pretty sure it is temp pump for BCH. BTC is the main cryptocurrency on the market and still will be. i Have been using BTC since it was 400. Many crypto tried to compete with BTC in the past but no luck.
BCH has temp pump and soon this pump ends and some who invested and believed in BCH might loose

[alani123]

Bitcoin Cash is a hedge against bitcoin. If we're going to talk about real world events other than correlate everything to pure speculation (the latter is the likely case since we're talking crypto) then it could be relater to either the Bitcoin Gold fork, or the 2x madness or perhaps even both.