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Author Topic: WHAT is Happening with BCH??  (Read 2199 times)
aoiaao (OP)
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November 12, 2017, 07:37:40 AM
 #1

#   Source   Pair   Volume (24h)   Price   Volume (%)   Updated
1   Bithumb   BCH/KRW   $4,161,230,000   $2534.30   73.17%   Recently
2   Bittrex   BCC/BTC   $645,558,000   $2364.38   11.35%   Recently
3   Kraken   BCH/BTC   $170,736,000   $2962.88   3.00%   Recently
4   Kraken   BCH/EUR   $90,520,800   $1749.90   1.59%   Recently
5   Kraken   BCH/USD   $79,587,700   $1924.00   1.40%   Recently
6   HitBTC   BCH/USDT   $58,964,900   $1765.20   1.04%   Recently

And then there is this?!?!
https://www.bithumb.com/notice.php

Somebody screwing with the prices?
Second nowhere near the volume..
Whoever mines the block which ends up containing your transaction will get its fee.
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November 12, 2017, 07:41:07 AM
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the value of BCH is become higher than the usual if you can see it on the market it pumps up into 156% i don't know why and then the bitcoin price becomes low of 8% in the market i guess, theres a magic behind of it and i don't know what's happening in that coin you are lucky if you have that coin and you can sell it on the market with the huge amount of money.
aoiaao (OP)
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November 12, 2017, 07:46:55 AM
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the value of BCH is become higher than the usual if you can see it on the market it pumps up into 156% i don't know why and then the bitcoin price becomes low of 8% in the market i guess, theres a magic behind of it and i don't know what's happening in that coin you are lucky if you have that coin and you can sell it on the market with the huge amount of money.

I think Bithumb has something to do with this...

Bithumb notice:
We are
currently in the process of checking the server to provide a stable service environment .
We will do our best to finish the inspection within the appointed time.

Thank you for your patience.
1. Inspection contents

- Server check for service stabilization

2. Scope of inspection

- Bitsum suspended all services


3. Customer Center

- Email: contact2@bithumb.com / Phone: 1661-5566
aoiaao (OP)
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November 12, 2017, 07:52:15 AM
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the value of BCH is become higher than the usual if you can see it on the market it pumps up into 156% i don't know why and then the bitcoin price becomes low of 8% in the market i guess, theres a magic behind of it and i don't know what's happening in that coin you are lucky if you have that coin and you can sell it on the market with the huge amount of money.

I think Bithumb has something to do with this...

Bithumb notice:
We are
currently in the process of checking the server to provide a stable service environment .
We will do our best to finish the inspection within the appointed time.

Thank you for your patience.
1. Inspection contents

- Server check for service stabilization

2. Scope of inspection

- Bitsum suspended all services


3. Customer Center

- Email: contact2@bithumb.com / Phone: 1661-5566

And now there is this

https://coinmarketcap.com/currencies/bitcoin-cash/#markets
No data available in table
* Price Excluded
** Volume Excluded - No Trading Fees
*** Price/Volume Excluded - Outlier Detected
crptotrader007
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November 12, 2017, 07:53:28 AM
 #5

You must understand that when there are price differences and huge fluctuations then there is somebody behind it.
It is known that the price is getting manipulated. BCH is increasing rapidly and I think it is because of the big whales.
They might be manipulating the price so that they can create a FOMO and make money out of the situation. It is best to stay away from such a mess. The price of Bitcoin is also getting affected because of the pump of BCH. It will surely dump some time soon.
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November 12, 2017, 07:55:29 AM
 #6

This was a typical pump and dump. Poor souls paid 0.53 BTC for 1 BCH, just to see a dump to 0.25 again. Fresh money has to come from somewhere ...

Bitcoin is not a bubble, it's the pin!
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aoiaao (OP)
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November 12, 2017, 08:05:04 AM
 #7

the value of BCH is become higher than the usual if you can see it on the market it pumps up into 156% i don't know why and then the bitcoin price becomes low of 8% in the market i guess, theres a magic behind of it and i don't know what's happening in that coin you are lucky if you have that coin and you can sell it on the market with the huge amount of money.

I think Bithumb has something to do with this...

Bithumb notice:
We are
currently in the process of checking the server to provide a stable service environment .
We will do our best to finish the inspection within the appointed time.

Thank you for your patience.
1. Inspection contents

- Server check for service stabilization

2. Scope of inspection

- Bitsum suspended all services


3. Customer Center

- Email: contact2@bithumb.com / Phone: 1661-5566

And now there is this

https://coinmarketcap.com/currencies/bitcoin-cash/#markets
No data available in table
* Price Excluded
** Volume Excluded - No Trading Fees
*** Price/Volume Excluded - Outlier Detected

now showing:
1   Bithumb   BCH/KRW   $4,161,230,000   * $2534.30   0.00%   1 hour ago

price excluded now..
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November 12, 2017, 08:07:59 AM
 #8

Even your worst day cannot be as bad as an "Exchange with a 4bn volume coin goes in maintenance mode and then price drops from 2.600 to 1.700"-day
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November 12, 2017, 08:26:41 AM
 #9

just hype... nothing more, nothing less.
The owners of the coin are hyping to make people buy it. LOts of naive chinese are buying in now. It's the stupidest thing ever.... they will loose money when jihan wu switches back to bitcoin again
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November 12, 2017, 08:34:20 AM
 #10

This was a typical pump and dump. Poor souls paid 0.53 BTC for 1 BCH, just to see a dump to 0.25 again. Fresh money has to come from somewhere ...
Yesterday I sold some Bitcoin Cash at 0.24 Bitcoin, today at 0.5 Bitcoin. When I made that sale at Kraken, it was already trading at 0.3 Bitcoin at Bittrex. It would have been a great opportunity to earn a lot of money, if you have enough cash on both exchanges.
But, with Bitcoin down to like 2 blocks per hour, and fees up to more than 9 Bitcoin per block, it's impossible to quickly move Bitcoins around. https://blockchain.info/unconfirmed-transactions currently shows 32 Transactions per second, about 4 times more than Bitcoin can handle.
I don't understand how some people can still say Bitcoin doesn't need scaling. All this madness could have been prevented if Bitcoin would have scaled earlier, which makes me thing many people profit keeping blocksize down.

I hate to say it, but when I made a Bitcoin Cash transaction yesterday, it went much smoother than Bitcoin transactions. The recommended fee was very low, I even increased it to 0.00005 Bitcoin Cash, and I got the required 20 confirmations in just over an hour. As much as I dislike Bitcoin Cash, this is what Bitcoin needs to be useful.

bjbear123
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November 12, 2017, 08:38:39 AM
 #11

The price increase with BCH is stupid, nowhere supports it, what shop accepts BCH ??

Bitcoin needs to be improved and block increased to 2 or 4MB without another stupid fork, I sold all my BCH after the fork and just hope BCH does not take over. This madness needs to be stopped

BTC: 1Q3B9pr84adJJxBNmo3w3FaEWgcCjCSPTv | ETH: 0x1A053Df90E06f59fc7Aeb12F7a7Ea1f47FA53748 | LTC: LYUQYCy7S68Yry2qv3XRC7xx62GbHZEWhH | BCH: lol Wink
gamer455
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November 12, 2017, 08:39:51 AM
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This was a typical pump and dump. Poor souls paid 0.53 BTC for 1 BCH, just to see a dump to 0.25 again. Fresh money has to come from somewhere ...

---

I hate to say it, but when I made a Bitcoin Cash transaction yesterday, it went much smoother than Bitcoin transactions. The recommended fee was very low, I even increased it to 0.00005 Bitcoin Cash, and I got the required 20 confirmations in just over an hour. As much as I dislike Bitcoin Cash, this is what Bitcoin needs to be useful.

Not just Bitcoin Cash. Try sending Waves .. it takes seconds. Send IOTA, it takes a minute and costs nothing. These are only a few examples. There are some coins out there where transaction times and fees are at minimum. Yes, scaling is always a problem: However, technologies like IOTA and XRB need MANY transactions to scale, and they get even bigger and better with every transaction more (I am really looking forward when industry players like Siemens, Fujitsu etc. adopt IOTA and allow it to scale)
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November 12, 2017, 08:43:28 AM
 #13

its just pumped by a group.it will dum eventually too
bitcoin is king

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November 12, 2017, 08:45:31 AM
 #14

This was a typical pump and dump. Poor souls paid 0.53 BTC for 1 BCH, just to see a dump to 0.25 again. Fresh money has to come from somewhere ...

Hold tight for about 20 minutes.  It will be right back up again.

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November 12, 2017, 08:47:30 AM
 #15

The price increase with BCH is stupid, nowhere supports it, what shop accepts BCH ??

Bitcoin needs to be improved and block increased to 2 or 4MB without another stupid fork, I sold all my BCH after the fork and just hope BCH does not take over. This madness needs to be stopped

lol!  BTC can't be used by shops because fee = $10 and confirmation never comes.  BCH CAN be used in shops.  That is why everyone is leaving BTC.  SegWit coin is broken.  Bitcoin Cash is the same Bitcoin you've known since 2009.

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November 12, 2017, 08:53:06 AM
 #16

After sigwit2x cancelled investors are looking more towards BCH support. We can see more yet to come for BCH.
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November 12, 2017, 08:54:38 AM
 #17

I would definitely look into bch since btc is falling so quick and beside this, it fell 30% or more in 3 days on China banning news? btc price is intimidating while bch is what was btc at the begging of the year.
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November 12, 2017, 08:56:36 AM
 #18

I went on coinmarketcap and say BTC = $5500 and BCC = $2200. I was WTF!? Then I refreshed the page and BTC was 6400 and BCC 1200.

Question is, was I having an illusion? Was BCC that high?
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November 12, 2017, 09:04:11 AM
 #19

I went on coinmarketcap and say BTC = $5500 and BCC = $2200. I was WTF!? Then I refreshed the page and BTC was 6400 and BCC 1200.

Question is, was I having an illusion? Was BCC that high?


Higher , saw it at $3000 on a Japanese exchange.
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November 12, 2017, 09:05:30 AM
 #20

thanks for the pump/dump!
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