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

[semaforo]

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.

Likely opportunists who have been planning a pump and dump taking advantage of cancellation of 2x and a lull in the BTC rally to cash in.

  The voice of reason will start pushing BTC price up before long.

[megynacuna]

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.

Likely opportunists who have been planning a pump and dump taking advantage of cancellation of 2x and a lull in the BTC rally to cash in.

  The voice of reason will start pushing BTC price up before long.

Exactly, the voice of reason have started buying up original bitcoin again and the price has started recovering tremendously as i gaze the market on my computer, hopefully by the end of this week we will be back in full swing.

[w5pn73]

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.

Likely opportunists who have been planning a pump and dump taking advantage of cancellation of 2x and a lull in the BTC rally to cash in.

  The voice of reason will start pushing BTC price up before long.

Exactly, the voice of reason have started buying up original bitcoin again and the price has started recovering tremendously as i gaze the market on my computer, hopefully by the end of this week we will be back in full swing.

I like how you put that there, "the voice of reason".
I'm kind of expecting and hoping for that as well.

[alyssa85]

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.

Exactly. And if you held your forked coins, the sum of BTC + BCH is over $7000. It's the people who dumped their BCH cheap who are suffering.

[BillCoin]

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

We all agree that it is a kind of a pump, but the main concern here is that the bitcoin cash is stealing network power from bitcoin mainet, which means that we are going to have less frequently blocks for the next few weeks, until the difficulty adjustment.

The fact that the legacy chain bitcoin is going to rule at the long run doesn't change the fact that the rise of the bitcoin cash damages the eco system of bitcoin.

The bitcoin cash rises in price--->It becomes more profitable to mine bitcoin cash------>Bitcoin hash rate becomes lower---->>Less frequency blocks, which is a very bad thing while bitcoin stands in mainstream.

[tleilaxu_eyes]

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

We all agree that it is a kind of a pump, but the main concern here is that the bitcoin cash is stealing network power from bitcoin mainet, which means that we are going to have less frequently blocks for the next few weeks, until the difficulty adjustment.

The fact that the legacy chain bitcoin is going to rule at the long run doesn't change the fact that the rise of the bitcoin cash damages the eco system of bitcoin.

The bitcoin cash rises in price--->It becomes more profitable to mine bitcoin cash------>Bitcoin hash rate becomes lower---->>Less frequency blocks, which is a very bad thing while bitcoin stands in mainstream.

It was a well timed thing to be sure, but really isn't sustainable at all. BTC will simply correct a few weeks/months later and things will be on their normal path again.

[bitbunnny]

Yeah, I’m kind of angry too because of all this mess that has been done on the market and some group of miners is responsible for this. As well as for my 48 hours unconfirmed transactions. It’s obvious now that we have some issues within the Bitcoin community that should be solved as soon as possible otherwise that will lead us in completely wrong direction.
Let’s hope this is just a bad episode that will not repeat anymore and that things will be settled soon. And to my opinion Bitcoin Cash has no chance against Bitcoin.

[McKane]

The thing is that you are getting irate in light of the fact that they are one money they need to go same on the planet they need to measure up to the cost of bitcoin money and bitcoin on the grounds that bitcoin trade out supply more than bitcoin. As the cost of bitcoin money reach to 3000$ then the cost of bitcoin will reach to 10,000$. Which is totally guaranteed by bitcoin.

[ClownSpider]

Someone said BTC takes WEEKS for transactions?  ha ha.
Bitcoin transactions are INSTANT with fees, and 1 hour, or 2 hour, or 3 hour if you select lower fees.
Fees are not high.
There is ZERO reason for BTC to change or update anything.  The Block size does NOT matter, NOR effect Transaction speed.

Smaller blocks move faster than larger BCH blocks.

Bitcoin has retail and developer support.
Bitcoin is accepted by overstock.com, godaddy.com 300,000 retailers in Japan.. etc etc etc etc etc.
BCH is accepted by NOBODY except crypto exchanges, and person to person.  

Bitcoin is accepted, BCH is not.
In fact, without Bitcoin, BCH has ZERO value because BCH is not even accepted on the black markets.

In the last days, as Segwit2x end was announced, the fees went up significantly and transaction time went up. This is the way to bring Bitcoin to its end. But hope, it is a tempotarly trend, because I kept Bitcoin, although I spent nearly 30% fees for a transaction, what is in my eyes not ok.

You are a lying son of a bitch for saying 30% fees.
If you are paying 30% of your transaction to fees, you are a lying son of a bitch.

If .0005 is too high of a fee for you, for an instant BTC transaction, you are also a poor son of a bitch if your transaction is in pennys.

Bitcoin fees have not, and never will be effected because of some gay ass announcement.

[cryptolit]

Sell now while you've profited 200% and buy BTC when it's at a new low as low as you think it'll go. Buy some BCH quickly too. You're hedging your bets that way!

[winchancer]

Sell now while you've profited 200% and buy BTC when it's at a new low as low as you think it'll go. Buy some BCH quickly too. You're hedging your bets that way!

Buy BCH scam at the current price is to waste money.
They already pumped this scam, now it will go down in few days to about $400 where it belongs.

[Ranly123]

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?

The drop on bitcoin is really alarming, yet if you look at how much you earn when you start to invest in bitcoin you can see that you still have profit. I suggest you to take your profit and change it to fiat or invest on other crypto to prevent defecit on your money. Monitor the price of bitcoin the its up to you to decide whether or not you would continue to invest on bitcoin.

[Andre_Goldman]

the best analogy that I can think of about crypto currency planet ... is that it is a huge railway



By the way crypto also reminds me enigma k-railway  

http://www.cryptomuseum.com/crypto/enigma/k/railway.htm

[GreenBits]

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?

this is more a power play/market manipulation from the BCh camp. im not mad at it, survival of the fittest. if we are truly going to be democratic about this, then the will of the consensus rules. its a bit too late to be butthurt because we allowed the consensus to be subverted; its time to take it back by out scaling with mining capacity.

anywho, sit this out unless you are willing to take the hit for the sake of liquidity, and lower your opportunity cost. notice how bitcoin cash isnt soaring anymore, with that being said dont be surprised if it takes off again, this isnt over yet.

[Nawaytes]

You don't need that anger, be patient. I think the panic sell will not be long and will change to panic buying. If we look at the price chart of bitcoin in a 1W frame, bitcoin is supposed to be a correction to $ 6000 and the lowest will be at $ 5000. After that the price will go back to $7000, so now would be a good time to buy bitcoin.
I still hold my bitcoin and wait for a good price to sell them.

[romec1701]

the best analogy that I can think of about crypto currency planet ... is that it is a huge railway



By the way crypto also reminds me enigma k-railway  

http://www.cryptomuseum.com/crypto/enigma/k/railway.htm

Thats hilarious. I thought I recognised those tracks. I used to live in a flat whose balcony is literally on the left of the picture (Tooley Street nr London Bridge)

[bettor_earth]

The truth is that is just a prank by spirit beings for fun and entertainment.
For more information about current situation and the future.
Read this: https://bitcointalk.org/index.php?topic=2393605.0

And/or you can go straight to https://angelteam.wordpress.com (pure information only, no any kind of commercial)

[bitgolden]

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.

Bitcoin cash is just another rival of bitcoin and this is nothing new in the crypto world. Bitcoin has already faced so many rivals and beaten all them successfully.

Eth has already done this drama with bitcoin and is now totally dependent on bitcoin for increase and decrease in its values. Bitcoin is the master of all currencies and I am pretty sure that any other currencies whether digital or paper cannot beat it.

[Lancusters]

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.

Bitcoin cash is just another rival of bitcoin and this is nothing new in the crypto world. Bitcoin has already faced so many rivals and beaten all them successfully.

Eth has already done this drama with bitcoin and is now totally dependent on bitcoin for increase and decrease in its values. Bitcoin is the master of all currencies and I am pretty sure that any other currencies whether digital or paper cannot beat it.

I do not believe that bitcoin cash can be a competitor to bitcoin. We have seen well-planned speculative transaction. Bitcoin cash could have been chosen at random. Bitcoin was falling in price but we don't know whose capital is left bitcoin. Maybe it was the outflow of capital speculators. It turns out that the share of whale in bitcoin around 30%. A maximum on how much can fall in price of bitcoin. I think it's not a bad record.

[aesma]

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.

Bitcoin cash is just another rival of bitcoin and this is nothing new in the crypto world. Bitcoin has already faced so many rivals and beaten all them successfully.

It's not just another rival. It's a fork that has airdropped coins to every BTC holder, and it's a fork that uses the same algorithm, and thus the same hardware for miners. That's a huge difference, and both combined explain what we're seeing. A lot of people had BCH from the start, and a lot of miners are mining it.