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Author Topic: Soo Soon ? BCH - BTC  (Read 1618 times)
scully95 (OP)
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November 13, 2017, 03:25:12 AM
Last edit: November 13, 2017, 03:50:01 AM by scully95
 #1

 Grin Grin Grin
People are transferring their BCC/BCH bitcoin cash back to BTC. I just did and guess what? I made 200 Box doing that! Now waiting patiently for the next surge in BTC.. It's long waited.. 4 days down/red is too long. As at the time of writing this post-BCH is -20.22% Cry   . Expect price to re-evaluate at something around 400-800$ per BCH

Green is finally coming back To BTC! Be ready to buy  Kiss


Anyone else sees this coming?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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November 13, 2017, 03:46:31 AM
 #2

meh, i think we may still see a little longer downtime in bitcoin and pump in bitcoin cash. the FUD machine has not yet slowed down. it takes time for the recovery too, it won't happen over night.

according to https://fork.lol/pow/difficulty bitcoin cash had a difficulty jump but it seems to me that it still has lower difficulty than bitcoin despite having higher hashrate which is a big weird. i assume as soon as soon as it stops generating 40 blocks an hour and starts a normal 5-6 blocks per hour things will go back to normal with miners coming back to bitcoin, bitcoin cash whales dumping their pumped coin and panic spreads leading to FOMO buying bitcoin.

it is a good idea to start buying though. at least some small amounts of BTC and watch out for the bottom and the reversal to jump back in full.

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CryptoBry
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November 13, 2017, 04:18:10 AM
 #3

meh, i think we may still see a little longer downtime in bitcoin and pump in bitcoin cash. the FUD machine has not yet slowed down. it takes time for the recovery too, it won't happen over night.

according to https://fork.lol/pow/difficulty bitcoin cash had a difficulty jump but it seems to me that it still has lower difficulty than bitcoin despite having higher hashrate which is a big weird. i assume as soon as soon as it stops generating 40 blocks an hour and starts a normal 5-6 blocks per hour things will go back to normal with miners coming back to bitcoin, bitcoin cash whales dumping their pumped coin and panic spreads leading to FOMO buying bitcoin.

it is a good idea to start buying though. at least some small amounts of BTC and watch out for the bottom and the reversal to jump back in full.

Knowing the psychology behind Bitcoin and the crashes it experienced before, this is just coming soon. Bitcoin is here to stay and as for BitcoinCash it can keep on trying as the next alternative maybe kicking Ethereum to the third spot soon (though Vitalik may put up a good fight so beware). This is the best time buy Bitcoin and start dumping BitcoinCash for profits.
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November 13, 2017, 04:22:51 AM
 #4

How many of you bought BCH hoping it to replace Bitcoin over night? yesterday BTC and ETC received their biggest pumps, now they're down, next time you wanted to invest on some profitable coin, try BTC, Ξ not their clones.

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November 13, 2017, 04:52:04 AM
 #5

meh, i think we may still see a little longer downtime in bitcoin and pump in bitcoin cash. the FUD machine has not yet slowed down. it takes time for the recovery too, it won't happen over night.

according to https://fork.lol/pow/difficulty bitcoin cash had a difficulty jump but it seems to me that it still has lower difficulty than bitcoin despite having higher hashrate which is a big weird. i assume as soon as soon as it stops generating 40 blocks an hour and starts a normal 5-6 blocks per hour things will go back to normal with miners coming back to bitcoin, bitcoin cash whales dumping their pumped coin and panic spreads leading to FOMO buying bitcoin.

it is a good idea to start buying though. at least some small amounts of BTC and watch out for the bottom and the reversal to jump back in full.

Knowing the psychology behind Bitcoin and the crashes it experienced before, this is just coming soon. Bitcoin is here to stay and as for BitcoinCash it can keep on trying as the next alternative maybe kicking Ethereum to the third spot soon (though Vitalik may put up a good fight so beware). This is the best time buy Bitcoin and start dumping BitcoinCash for profits.

BCH is over hype and although many people earn from that there are so many people who loss since they buy at the peak and seems the BCH price are keep falling so I think those pumps are done for now and maybe it will came back on future. So for now let's go buy bitcoins since the price are more cheaper that anything else back then. And the I'ved seen the dumping is occuring and people are loading again some btc for good right now.
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November 13, 2017, 04:52:45 AM
 #6

Grin Grin Grin
People are transferring their BCC/BCH bitcoin cash back to BTC. I just did and guess what? I made 200 Box doing that! Now waiting patiently for the next surge in BTC.. It's long waited.. 4 days down/red is too long. As at the time of writing this post-BCH is -20.22% Cry   . Expect price to re-evaluate at something around 400-800$ per BCH

Green is finally coming back To BTC! Be ready to buy  Kiss


Anyone else sees this coming?

Yes, it will happen, I think to most this is pretty clear, it's just a question of when. I wouldn't be surprised to see bitcoin cash settle somewhere upwards of 1000 usd however, I think 400 is too low.

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November 13, 2017, 05:39:12 AM
 #7

Grin Grin Grin
People are transferring their BCC/BCH bitcoin cash back to BTC. I just did and guess what? I made 200 Box doing that! Now waiting patiently for the next surge in BTC.. It's long waited.. 4 days down/red is too long. As at the time of writing this post-BCH is -20.22% Cry   . Expect price to re-evaluate at something around 400-800$ per BCH

Green is finally coming back To BTC! Be ready to buy  Kiss


Anyone else sees this coming?

Yes, it will happen, I think to most this is pretty clear, it's just a question of when. I wouldn't be surprised to see bitcoin cash settle somewhere upwards of 1000 usd however, I think 400 is too low.

Why do you think bitcoin cash would settle another pump above the $1000 value and even get to the $2000, I really think it will still not settle in a range that high, we are seeing FUD right to left that Bitcoin Cash can take down bitcoin and all, but my guess would be not it is a long road for them to take that place, I think there are a lot in the bitcoin community that are pissed right now including myself that there are more FUD coming from left to right that are pumping the price of BCH, but anyway all we can do is wait for another bitcoin pump, this is a very unusual pump for a Altcoin.
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November 13, 2017, 06:40:29 AM
 #8

Should have a look at the LTC/BCH OrderBook Depth chart on Cryptopia  Undecided btc >>>>> bch too, will only go backwards until there's balance again
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November 13, 2017, 06:41:28 AM
 #9

How many of you bought BCH hoping it to replace Bitcoin over night? yesterday BTC and ETC received their biggest pumps, now they're down, next time you wanted to invest on some profitable coin, try BTC, Ξ not their clones.

I don't think too many would have done this. The rise in BCH and the corresponding correction happened way too quickly. The day traders might have tried to get in on the action, but most others would have just observed it calmly.
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November 13, 2017, 06:45:26 AM
 #10

If Btc transaction fee will remain same then there is only one way for btc.
We are all using btc for fast and cheap transactions otherwise its useless for most of us.
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November 13, 2017, 07:17:52 AM
 #11

How many of you bought BCH hoping it to replace Bitcoin over night? yesterday BTC and ETC received their biggest pumps, now they're down, next time you wanted to invest on some profitable coin, try BTC, Ξ not their clones.

I don't think too many would have done this. The rise in BCH and the corresponding correction happened way too quickly. The day traders might have tried to get in on the action, but most others would have just observed it calmly.

Some people get amazed easily for seeing such great pump happen with BCH but it gives me some confusion on why this things happening on this coin while we all know that this one is little underdog for the bitcoins interms of comparing and thinking to shift with this token. And maybe your right with your though's about the correction but we should see how things can actually work with this clone coin since it's still at the aftershock state of his pump.

R


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November 13, 2017, 07:45:45 AM
 #12

Some BCH warriors have huge amounts of BTC - I don't think that the 3 days of this have depleted their holdings much. In the end I do think that BTC will prevail - but I expect even bigger dumps than on the weekend. In the end the fragmentation of the payment network is diminishing its the value - and it might result in a boom for another contender (maybe ETH - being the second in market cap already, or maybe LTC being the closest replacement).
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November 13, 2017, 08:28:04 AM
 #13

People back to bitcoin from bitcoin cash hype that price pump these days. The bitcoin cash over hype these days that some of us have bought to earn quick in btc. I guess they will lose somehow that have bought bch at peak price, because this will happen that most will be back to btc as btc will surely pump soon.
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November 13, 2017, 08:39:50 AM
 #14

Grin Grin Grin
People are transferring their BCC/BCH bitcoin cash back to BTC. I just did and guess what? I made 200 Box doing that!

That's good for you, just don't be greedy with these hypes or wait for some peaks. Basically it will end after a couple of days.

Now waiting patiently for the next surge in BTC.. It's long waited.. 4 days down/red is too long. As at the time of writing this post-BCH is -20.22% Cry   . Expect price to re-evaluate at something around 400-800$ per BCH

Green is finally coming back To BTC! Be ready to buy  Kiss

The price of bitcoin went up high again from $5,700 - $6,200 and this makes me feel comfortable again. Every profit that came from taking BCH are now back to bitcoin.

Anyone else sees this coming?
Everyone has been expecting this especially the long time holders.



 

 

 

 

 

 


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November 13, 2017, 09:12:16 AM
 #15

We are not done yet!
Look at the weekly! The chart just started rolling over.
2-4 weekly red candles is what I expect to happen. At least!!!
The bounces will get weaker and weaker until the final bottom is reached.
The thing is too many are people still way too comfortable. "oh we will go down to $5k and then up again".
Man things may end completely different this time!When people are frustrated and giving up, you know the bottom is in.
Therefore we could go low way lower and much longer than we all expect here.
Remember: The market is not here to hold your hand! It's here to take your money! This is a shark tank. And the more experienced and smart traders join this place the harder the whole play gets! Either you can deal with that or not!
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November 13, 2017, 09:44:21 AM
 #16

I saw this coming, but not this soon. All signs were pointing to BCH being relevant for a while, but it fizzled out just as quickly as it started. No forked coin can take over BTC.
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November 13, 2017, 10:14:01 AM
 #17

meh, i think we may still see a little longer downtime in bitcoin and pump in bitcoin cash. the FUD machine has not yet slowed down. it takes time for the recovery too, it won't happen over night.

according to https://fork.lol/pow/difficulty bitcoin cash had a difficulty jump but it seems to me that it still has lower difficulty than bitcoin despite having higher hashrate which is a big weird. i assume as soon as soon as it stops generating 40 blocks an hour and starts a normal 5-6 blocks per hour things will go back to normal with miners coming back to bitcoin, bitcoin cash whales dumping their pumped coin and panic spreads leading to FOMO buying bitcoin.

it is a good idea to start buying though. at least some small amounts of BTC and watch out for the bottom and the reversal to jump back in full.
You are right but normal people will not consider such technical aspects normally.What they would see is a coin just rising in price,immediately they would jump to it dropping their holdings and when the newly bought coin faces a dip,once again immediately they will sell it and return to their older coin.This was which we were witnessing during the past and it would continue in future too.

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November 13, 2017, 12:00:11 PM
 #18

Remember that BCH does a consensus hard fork tonight to change the difficulty algorithm. We don't know how it's going to play out. It might mean the miners flocking back to BCH.

Be safe out there!

 
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Basmic
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November 13, 2017, 12:18:20 PM
 #19

Remember that BCH does a consensus hard fork tonight to change the difficulty algorithm. We don't know how it's going to play out. It might mean the miners flocking back to BCH.

Be safe out there!
Let the miners flocking anywhere. In order to get coins you need to be someone extracted. You know a lot of people who want to buy BCH? Now there was a big pump. Many wanted to earn some money. But trust they will never be this coin. Speculative capital can for a few days may come and as quickly go.
Gaff
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November 13, 2017, 12:33:00 PM
 #20

meh, i think we may still see a little longer downtime in bitcoin and pump in bitcoin cash. the FUD machine has not yet slowed down. it takes time for the recovery too, it won't happen over night.

according to https://fork.lol/pow/difficulty bitcoin cash had a difficulty jump but it seems to me that it still has lower difficulty than bitcoin despite having higher hashrate which is a big weird. i assume as soon as soon as it stops generating 40 blocks an hour and starts a normal 5-6 blocks per hour things will go back to normal with miners coming back to bitcoin, bitcoin cash whales dumping their pumped coin and panic spreads leading to FOMO buying bitcoin.

it is a good idea to start buying though. at least some small amounts of BTC and watch out for the bottom and the reversal to jump back in full.

Knowing the psychology behind Bitcoin and the crashes it experienced before, this is just coming soon. Bitcoin is here to stay and as for BitcoinCash it can keep on trying as the next alternative maybe kicking Ethereum to the third spot soon (though Vitalik may put up a good fight so beware). This is the best time buy Bitcoin and start dumping BitcoinCash for profits.

The scenario kept coming back just like before and if we speculate about the crashes that you've been thinking of, well that probably stressed us out. I don't think bitcoin cash will over power bitcoin, so as with ethereum idea its not that easy because eth now is having more contracts and sooner it will dominate other alts how much more with BCH. Bitcoin will now start to pump again due to the current updates traders of BCH just used it for minor pumps so that they can dump immediately as part of trading strategies.
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