AVAMONEY (OP)
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November 13, 2017, 08:57:28 AM Last edit: November 13, 2017, 09:56:11 AM by AVAMONEY |
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It's been impressed how Bitcoin Cash pump in the past of few days. Many people then make a statement that BCH will replace Bitcoins in the future. But nowadays, Bitcoin Cash began to be abandoned and prices dropped back. What really happened? Is this a joke or is it just for a moment's profit? How is current Cryptocurrency technology for games only.
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Opquar
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November 13, 2017, 09:01:43 AM |
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It was pumped by Roger Ver and friends. Now all we can assume is that people are dumping. No one really trusts BCH so this attempt was dead before it started.
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o_e_l_e_o
In memoriam
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November 13, 2017, 09:05:15 AM |
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Mining BTC is now once again more than twice as profitable as mining BCH. The miners are switching back and BCH will dump to nothing again.
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iamTom123
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November 13, 2017, 09:10:30 AM |
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It's been impressed how Bitcoin Cash pump in the past of few days. Many people then make a statement that BCH will replace Bitcoins in the future. But nowadays, Bitcoin Cash began to be abandoned and prices dropped back. What really happened? Is this a joke or is it just for a moment's profit? How is current Cryptocurrency technology only for games only.
This can soon be entered into the cryptocurrency history as one of the most popular and abrupt migration of Bitcoin to BitcoinCash and then maybe back. Well, we can say that it can just be a big joke bit then again many people am sure did make some money here. In other words, this is just doing a normal business. Every participant is just doing his/her thing so as to make some profits...and now that the boat is tilting back to its original side there can movement to soon dump BCH and we can see Bitcoin to rise again...maybe slowly as it is just trying to absorb what happened in the last few days. As some are saying, this is the game that old boys are doing and since they got the resources to support such, small holders like us are just watching on the sideline maybe wondering what happened. Next week, hopefully, we might be able to rationalize things up for better discussion. Personally, I did welcome the birth of BitcoinCash but I do not entertain the idea that it should be the new Bitcoin.
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Pearlfx
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November 13, 2017, 09:13:00 AM |
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How on earth will people think Bitcoin cash would overtake Bitcoin. Bitcoin cash was mooning simply because of the fork scheduled for 13th of November
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Dart18
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November 13, 2017, 09:15:48 AM |
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You already got the answer. It is for a moment of profit for those who really made this pump but not by local users. You see now what they are made of. They just did a trend into making more investor be pulled thru BCH and then left them alone without profit or ROI. How ridiculous it could be. You can call it a scam or you already call it but you are just too kind to make look not.
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shekhani
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November 13, 2017, 09:23:42 AM |
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It's been impressed how Bitcoin Cash pump in the past of few days. Many people then make a statement that BCH will replace Bitcoins in the future. But nowadays, Bitcoin Cash began to be abandoned and prices dropped back. What really happened? Is this a joke or is it just for a moment's profit? How is current Cryptocurrency technology only for games only.
This can soon be entered into the cryptocurrency history as one of the most popular and abrupt migration of Bitcoin to BitcoinCash and then maybe back. Well, we can say that it can just be a big joke bit then again many people am sure did make some money here. In other words, this is just doing a normal business. Every participant is just doing his/her thing so as to make some profits...and now that the boat is tilting back to its original side there can movement to soon dump BCH and we can see Bitcoin to rise again...maybe slowly as it is just trying to absorb what happened in the last few days. As some are saying, this is the game that old boys are doing and since they got the resources to support such, small holders like us are just watching on the sideline maybe wondering what happened. Next week, hopefully, we might be able to rationalize things up for better discussion. Personally, I did welcome the birth of BitcoinCash but I do not entertain the idea that it should be the new Bitcoin. Agreed this has to be one of the top cryptocurrency history battle seen till now, which was done in the most perfect timing possible as well.
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illinest
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November 13, 2017, 09:28:16 AM |
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It's been impressed how Bitcoin Cash pump in the past of few days. Many people then make a statement that BCH will replace Bitcoins in the future. It's impressive as far as "pumps" go but replacing Bitcoin? That's laughable. But nowadays, Bitcoin Cash began to be abandoned and prices dropped back. What really happened? Is this a joke or is it just for a moment's profit? How is current Cryptocurrency technology only for games only.
Manipulating the market on Bitfinex and Bithumb is not sustainable. Roger Ver also moved tens of thousands of BTC to Bitfinex to help pump the price. I don't know how much the guy has stashed away, but he won't be able to dump his bitcoins forever. Dip buyers will scoop them all up. Having said that, I don't think this is over. I think they will let the market dump like they did in August/September, and then they will repeat the same move: 1) spam the BTC blockchain, 2) put out a bunch of fake news articles and press releases about Bcash being the real Bitcoin, 3) pump the price on thin order books -- probably on a weekend like they did here. This would never fly in regulated markets....
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PointHope
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November 13, 2017, 09:31:58 AM |
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Bitcoin is going to come out of this harder, stronger, meaner than ever. We can be sure more challenges are ahead, central government fiat currencies are going to fight hard against bitcoin, and eventually lose. $1000,000.00 bitcoins is quite possible in a few years. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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ballerin and giroud
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November 13, 2017, 09:51:08 AM |
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I don't know this is what skenario. Clearly yasterday is very impresive for Bitcoin Cash when he pump, but for the moment he dump again, just for one day. And we don't know the future bitcoin cash will pump again. We just wait and see, maybe it will be shocked me. And by the way after incident yesterday i was interested to buy Bitcoin cash.
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Granxis
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November 13, 2017, 09:59:03 AM |
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It's been impressed how Bitcoin Cash pump in the past of few days. Many people then make a statement that BCH will replace Bitcoins in the future. But nowadays, Bitcoin Cash began to be abandoned and prices dropped back. What really happened? Is this a joke or is it just for a moment's profit? How is current Cryptocurrency technology for games only.
There is a lot of interest in Bitcoin Cash, many people are selling BTCs and getting Bitcoin Cash, Bitcoin Cash 6000 dollars a day Bitcoin 1000 dollars a bit surprised.
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AVAMONEY (OP)
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November 13, 2017, 10:04:48 AM Last edit: November 13, 2017, 10:32:00 AM by AVAMONEY |
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Manipulating the market on Bitfinex and Bithumb is not sustainable. Roger Ver also moved tens of thousands of BTC to Bitfinex to help pump the price. I don't know how much the guy has stashed away, but he won't be able to dump his bitcoins forever. Dip buyers will scoop them all up.
Having said that, I don't think this is over. I think they will let the market dump like they did in August/September, and then they will repeat the same move: 1) spam the BTC blockchain, 2) put out a bunch of fake news articles and press releases about Bcash being the real Bitcoin, 3) pump the price on thin order books -- probably on a weekend like they did here.
This would never fly in regulated markets....
So actually, this game can be predicted, a segwit cancellation is a good moment to make this manipulation shows, this is a well-planned. Roger Ver and some of his colleagues seem have plenty of BTC to do this, last week the btc price was down around $ 1,000. Are you sure they will repeat the same move in this month or later?
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steffi79
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November 13, 2017, 10:21:07 AM |
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It's been impressed how Bitcoin Cash pump in the past of few days. Many people then make a statement that BCH will replace Bitcoins in the future. But nowadays, Bitcoin Cash began to be abandoned and prices dropped back. What really happened? Is this a joke or is it just for a moment's profit? How is current Cryptocurrency technology for games only.
Really impressive how bitcoin cash is pump on the price that no one can ever speculate that it may happpen we see in the past few days that the price is pump so hard and bitcoin is dump but we see the recover of bitcoin and bitcoin cash seem like dump cause for what was happen in bitcoin cash is a bubble and i think a lot are being trapped.
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Catmony
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November 13, 2017, 10:25:33 AM |
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Bitcoin cash will never replace bitcoin like their supporter claims and the recent huge pump & dump scheme was fueled by hype and temporary shift of miners from bitcoin to bitcoin cash mining.
There is nothing extraordinary in bitcoin cash and it is not actually better than bitcoin, bitcoin will remain as major chain.
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Ains_sama
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November 13, 2017, 10:45:14 AM |
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all the technology is actually just competition in the search for profit for the advancement of life, bitcoin technology also. now only used to seek profit for a moment, if they make new coins, it just make new way to take profit in life just little, because this is business competition . If only they united to develop one name without creating a new name for the coin that was created. maybe bitcoin is now a king of crypto currency. so I think it just games for profit
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Faroxx
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November 13, 2017, 10:48:01 AM |
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Pump yesterday, BCH has been planned in order to create panic in the market. Soon BTC will again fly to the moon, and BCH will fall.
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no0dlepunk
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November 13, 2017, 10:54:15 AM |
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That's what happens when flocks of sheep dominates the community. If you share Nakamoto's vision, there should be no reason for you to believe in Roger Ver... Miners would stick to bitcoins as long as the community choses to stick to it as well. But what happened last night was a nightmare, many people were manipulated because of fear... fear of losing money. THAT'S WHY IN THE FIRST PLACE, YOU SHOULD ONLY INVEST WHAT YOU CAN AFFORD TO LOSE. I can now conclude that there are tons of idiots holding bitcoins @ $4000. The real supporters of bitcoins are the ones holding from $2500 below.
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pat4cryptoreal
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November 13, 2017, 10:57:15 AM |
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It has always been the nature of bitcoin cash to appreciate at a very high rate and also depreciate at a very high rate. So any time you hear that bitcoin cash is appreciating just go there for a short term trade.
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ctw
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November 13, 2017, 11:04:15 AM |
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This battle between BTC and BCH is just bad for the whole crypto community. A compromise should be made between all the parties instead of a forceful takeover of the BTC crown. This centralisation of bitcoin cash could spell the doom of cryptos...
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