Today's attack on Bitcoin

[bitcoinhasher1]

Probably that is the reason behind the recent rise in BCH price what you have illustrated in your thread. That's an pre-planned and organized attack from the mining pools who have ceased bitcoin mining and promoting BCH. So the price of BCH is running high on bubble and is not sustainable. Looking at the market cap increase of BCH, it is understandable that many people are investing in BCH to make some quick bucks. That will not run for long. Also the bitcoin price is quite low at this point and I believe we will get back a lot of investment in bitcoin because it's an opportunity for the people to buy bitcoin at a lower price. So bitcoin will remain the best for longer term, BCH is rising its price unethically that has to end someday.  

That sounds like a reasonable analysis of the situation. 

[nidacoinlove]

Yes this is all a pre-planned game that is been played by a few of the people. They are trying to dump bitcoin but it will not happen. Bitcoin will once again come back to it's original price value. They are trying to push bitcoin and pump BCH. This is all due to these few greedy people miners who want to make more money with BCH.
They first tried to speculate bitcoin price but couldn't get their goal because people are in the favour of bitcoin, so now they are trying this other running walking to accomplish their goals.
I am glad to you for sharing this piece of information and letting many people be aware of the new tricks of the greedy miners.

[LoyceV]

This whole issue once again shows that there is nothing more than a bunch of douchebags staying behind bitcoin cash. This behaviour can be easily classify as a pure scam.

All altcoins, ICOs and Bitcoin forks are created with the sole purpose of earning the creator money. That's never been a secret, but people seem to keep falling for it over and over again. First shitcoins, then ICOs, now forks, and I can't even imagine what the next step will be after easy-money-from-forks runs out.

Shouldn't BTC be taking some emergency measure and decrease mining difficulty significantly temporarily for a start?

That would mean a hard fork. Considering it takes them years already to simply increase capacity, this won't happen overnight.

Not sure anyone can really do anything about people maliciously spamming the network can they? Genuinely asking.

A very simple solution would be larger blocks: if someone is willing to pay millions of dollars to spam the network: let them, and profit from it!
Currently all Bitcoin users pay much more in fees, all users have to wait much longer, and the only winners are miners.

If you check Bittrex earlier, it is very evident that the rise of BCH was merely staged and coordinated. Nothing was natural, all of it were just made for the money and not to actually support BCH. Charts would tell you that.

I think I shortly saw a 6000 Bitcoin sell wall, that's $36 million worth of Bitcoin Cash! Pump and dump is designed to make very rich whales much richer again, as the little guys start panic selling and panic buying.

Glad to see I've not gone nuts, I think if you're Bittrex and very rich and powerful people say "I want your help pumping BCH" you make it happen, that's just my gut feeling. There's no way to prove it so I'm not gonna say for sure they're in on it, it's just highly suspicious to me that now is the only time I have this problem where I can't dump a coin for BTC.

I didn't use Bittrex today, so I didn't encounter a glitch, but Bittrex earns 0.25% of trades. At $1 billion trade volume, that's $2.5 million, and probably another $2.5 million for the other party involved in the same trades.
One way or another, exchanges love pump and dump actions!

[typhonb]

I want to buy an important amount of BTC tomorrow (Because I also think BTC will be back in few days) - From EURO
Will I get the same problem ?

[gentlemand]

I want to buy an important amount of BTC tomorrow (Because I also think BTC will be back in few days) - From EURO
Will I get the same problem ?

It should be starting to clear up by then. Most miners will be back on the BTC chain within a few hours. You might still be in for a bit of a wait but nothing like the current one.

[burnedbyfees]

I want to buy an important amount of BTC tomorrow (Because I also think BTC will be back in few days) - From EURO
Will I get the same problem ?

Buy it on an exchange and leave it in there for a few days while the dust settles.

[typhonb]

I want to buy an important amount of BTC tomorrow (Because I also think BTC will be back in few days) - From EURO
Will I get the same problem ?

Buy it on an exchange and leave it in there for a few days while the dust settles.

I'm going to do it on Kraken tomorrow. Thank you

[faceoff97]

This is a real coordinated attack.

Roger Vermin moved 25k BTC to Bitfinex to put on a public show.

Some mining pools have ceased mining BTC and there's services asking for Bitcoin cash to confirm Bitcoin transactions in the case of https://pushtx.btc.com/ (try it for yourself).

$700m worth of stuck BTC in unconfirmed transactions (including $900+ of mine   ).

https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/

Legions of dump btc and buy bitcoin cash comments everywhere online.

And they keep trying to pump Bitcoin Cash but the market keeps telling them to "fuck off", each peak lower than before, It took me 7 tries to dump the Bitcoin Cash I'd been holding on Bittrex, so I think they may be in on it too. This is not organic it all, it's a planned coup. A few people will be like "yeah, no shit Sherlock" but many people still don't know about it.

Your comments gentleman, is there something I've missed?

The good news is the mining difficulty of Bitcoin cash will soon rise massively so they cannot sustain it for long.

This only shows the reason why bitcoin cash showed sudden increase, its really oragnises and probably pre-planned. This only proves that bitcoin cash is bubble and not in stable position. I would not be surprise sewong bitcoin cash value crash in sudden. Some people possibly transferred to bitcoin cash which is a trap. Its may possibly be the reason why bitcoin showed fall in price, whales are playing with it. Im sure that bitcoin will regain its value and continue to rise even more.

[typhonb]

I want to buy an important amount of BTC tomorrow (Because I also think BTC will be back in few days) - From EURO
Will I get the same problem ?

It should be starting to clear up by then. Most miners will be back on the BTC chain within a few hours. You might still be in for a bit of a wait but nothing like the current one.

So I can do it without any problem ?

[JanpriX]

It is also worth noting that the attacks on Bitcoin network significantly lowered/stopped when the BCH's price plummeted from its ATH. You can say that this is just a convenience but others are thinking otherwise. This is just one of the proof that when someone or if a group of people gets greedy to capitalize on something, they will do everything in their power to get into their goal. They will trample on the community that they helped building in the past years just to get what they wanted.

On the other hand, I find it very amusing (in a very sarcastic way) that pushtx.btc.com is charging me $33 worth of BCH to accelerate my transaction that was stuck in the network for almost 20 hours now. I'm just shaking my head while laughing at what I'm seeing in their website.  

[freeElectron]

This is a real coordinated attack.

Roger Vermin moved 25k BTC to Bitfinex to put on a public show.

Some mining pools have ceased mining BTC and there's services asking for Bitcoin cash to confirm Bitcoin transactions in the case of https://pushtx.btc.com/ (try it for yourself).

$700m worth of stuck BTC in unconfirmed transactions (including $900+ of mine   ).

https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/

Legions of dump btc and buy bitcoin cash comments everywhere online.

And they keep trying to pump Bitcoin Cash but the market keeps telling them to "fuck off", each peak lower than before, It took me 7 tries to dump the Bitcoin Cash I'd been holding on Bittrex, so I think they may be in on it too. This is not organic it all, it's a planned coup. A few people will be like "yeah, no shit Sherlock" but many people still don't know about it.

Your comments gentleman, is there something I've missed?

The good news is the mining difficulty of Bitcoin cash will soon rise massively so they cannot sustain it for long.

Only attack on the bitcoin so far has been the segwit fork, which is not bitcoin, never was, never will be.
It is a massive change to the protocol and therefor is not bitcoin.

Please, if you want to be taken seriously, you should call it segwit1x or segwit2x or what ever.

[hatshepsut93]

This is a real coordinated attack.

Roger Vermin moved 25k BTC to Bitfinex to put on a public show.

Some mining pools have ceased mining BTC and there's services asking for Bitcoin cash to confirm Bitcoin transactions in the case of https://pushtx.btc.com/ (try it for yourself).

$700m worth of stuck BTC in unconfirmed transactions (including $900+ of mine   ).

https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/

Legions of dump btc and buy bitcoin cash comments everywhere online.

And they keep trying to pump Bitcoin Cash but the market keeps telling them to "fuck off", each peak lower than before, It took me 7 tries to dump the Bitcoin Cash I'd been holding on Bittrex, so I think they may be in on it too. This is not organic it all, it's a planned coup. A few people will be like "yeah, no shit Sherlock" but many people still don't know about it.

Your comments gentleman, is there something I've missed?

The good news is the mining difficulty of Bitcoin cash will soon rise massively so they cannot sustain it for long.

You are very right about pointing out the influx of pro-BCH and anti-BTC comments today, it's quite obvious that they are a part of this coordinated attack since all of them are coming either from fresh accounts or accounts with very low activity (which means that they were farmed or bought). They are simply just paid shills trying to create an illusion of community support for BCH and around August 1st we've seen the same thing - lots of accounts suddenly posting FUD and then going silent when there's no more need for them.

[fanbeila]

Just stay cool gentleman.Despite all of their masterplans,their efforts have gone in vein.BCH price has now fallen to $1,288.That's really a great news for the bitcoin community.

BCH supporters planning was very nice but sad news for them is that bitcoin price is beyond the reach for them.If they had tried it earlier during creation of BCH,at that time,bitcoin price was also low.Don't know why Roger did not execute this plan at that time itself.I thing its a wrong timing.

[J. Cooper]

It is also worth noting that the attacks on Bitcoin network significantly lowered/stopped when the BCH's price plummeted from its ATH. You can say that this is just a convenience but others are thinking otherwise. This is just one of the proof that when someone or if a group of people gets greedy to capitalize on something, they will do everything in their power to get into their goal. They will trample on the community that they helped building in the past years just to get what they wanted.

I think you're calling it an end too soon. Sure the price is plummeting right now but Ver and co probably have some more things in store for use. Or atleast I'm preparing myself mentally for some more market mayhem the next couple of days (maybe weeks?). It's just important that you don't crack and give into their mind game and maybe even pick up some cheap bitcoin along the way.

[burnedbyfees]

This is a real coordinated attack.

Roger Vermin moved 25k BTC to Bitfinex to put on a public show.

Some mining pools have ceased mining BTC and there's services asking for Bitcoin cash to confirm Bitcoin transactions in the case of https://pushtx.btc.com/ (try it for yourself).

$700m worth of stuck BTC in unconfirmed transactions (including $900+ of mine   ).

https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/

Legions of dump btc and buy bitcoin cash comments everywhere online.

And they keep trying to pump Bitcoin Cash but the market keeps telling them to "fuck off", each peak lower than before, It took me 7 tries to dump the Bitcoin Cash I'd been holding on Bittrex, so I think they may be in on it too. This is not organic it all, it's a planned coup. A few people will be like "yeah, no shit Sherlock" but many people still don't know about it.

Your comments gentleman, is there something I've missed?

The good news is the mining difficulty of Bitcoin cash will soon rise massively so they cannot sustain it for long.

Only attack on the bitcoin so far has been the segwit fork, which is not bitcoin, never was, never will be.
It is a massive change to the protocol and therefor is not bitcoin.

Please, if you want to be taken seriously, you should call it segwit1x or segwit2x or what ever.

I don't care if you personally don't take me seriously, you are not the Borg Collective, you don't speak for everyone. But thanks for stopping by. 

[Kupid002]

This is a real coordinated attack.

Roger Vermin moved 25k BTC to Bitfinex to put on a public show.

Some mining pools have ceased mining BTC and there's services asking for Bitcoin cash to confirm Bitcoin transactions in the case of https://pushtx.btc.com/ (try it for yourself).

$700m worth of stuck BTC in unconfirmed transactions (including $900+ of mine   ).

https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/

Legions of dump btc and buy bitcoin cash comments everywhere online.

And they keep trying to pump Bitcoin Cash but the market keeps telling them to "fuck off", each peak lower than before, It took me 7 tries to dump the Bitcoin Cash I'd been holding on Bittrex, so I think they may be in on it too. This is not organic it all, it's a planned coup. A few people will be like "yeah, no shit Sherlock" but many people still don't know about it.

Your comments gentleman, is there something I've missed?

The good news is the mining difficulty of Bitcoin cash will soon rise massively so they cannot sustain it for long.

This only shows the reason why bitcoin cash showed sudden increase, its really oragnises and probably pre-planned. This only proves that bitcoin cash is bubble and not in stable position. I would not be surprise sewong bitcoin cash value crash in sudden. Some people possibly transferred to bitcoin cash which is a trap. Its may possibly be the reason why bitcoin showed fall in price, whales are playing with it. Im sure that bitcoin will regain its value and continue to rise even more.

agree on it this may be a trap that suddenly for next couple of days will pass by we will see that BCH will dump and bitcoin will pump again , maybe i am telling this because i am trusting more bitcoin but if you really read the market and know some scenario like this are totally happen then you will know that for what was happen in bitcoin cash is a bubble.

[burnedbyfees]

It is also worth noting that the attacks on Bitcoin network significantly lowered/stopped when the BCH's price plummeted from its ATH. You can say that this is just a convenience but others are thinking otherwise. This is just one of the proof that when someone or if a group of people gets greedy to capitalize on something, they will do everything in their power to get into their goal. They will trample on the community that they helped building in the past years just to get what they wanted.

On the other hand, I find it very amusing (in a very sarcastic way) that pushtx.btc.com is charging me $33 worth of BCH to accelerate my transaction that was stuck in the network for almost 20 hours now. I'm just shaking my head while laughing at what I'm seeing in their website.  

I laughed as well when I saw it. Crazy isn't it?

Did you follow the link to the kind Reddit miner? He's helped a lot of people.

[mangenta]

this is another problem toward government legalising bitcoin in dome country there are some mafia behind it although its decentralised .

[pixie85]

https://gyazo.com/c8730388faf66757bb38826eb96a0be5

That's going to leave a mark!

Another FUD. BTC went from $7,5k to $6k. Even if you'd count the peak value that shouldn't be taken into consideration as it only show s that there was not enough orders on an exchange, it was a fall from $7,8k to $5,5k, which by no means is 46%! Really people, where are you getting those numbers from?

[freeElectron]

This is a real coordinated attack.

Roger Vermin moved 25k BTC to Bitfinex to put on a public show.

Some mining pools have ceased mining BTC and there's services asking for Bitcoin cash to confirm Bitcoin transactions in the case of https://pushtx.btc.com/ (try it for yourself).

$700m worth of stuck BTC in unconfirmed transactions (including $900+ of mine   ).

https://www.cryptocoinsnews.com/700-million-stuck-115000-unconfirmed-bitcoin-transactions/

Legions of dump btc and buy bitcoin cash comments everywhere online.

And they keep trying to pump Bitcoin Cash but the market keeps telling them to "fuck off", each peak lower than before, It took me 7 tries to dump the Bitcoin Cash I'd been holding on Bittrex, so I think they may be in on it too. This is not organic it all, it's a planned coup. A few people will be like "yeah, no shit Sherlock" but many people still don't know about it.

Your comments gentleman, is there something I've missed?

The good news is the mining difficulty of Bitcoin cash will soon rise massively so they cannot sustain it for long.

Only attack on the bitcoin so far has been the segwit fork, which is not bitcoin, never was, never will be.
It is a massive change to the protocol and therefor is not bitcoin.

Please, if you want to be taken seriously, you should call it segwit1x or segwit2x or what ever.

I don't care if you personally don't take me seriously, you are not the Borg Collective, you don't speak for everyone. But thanks for stopping by. 

Well, what would Satoshi do?

Segwit?

Don't think so.