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Author Topic: Are We Already Back On Track?  (Read 863 times)
CryptoBry (OP)
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November 15, 2017, 05:30:58 AM
 #1





In light of what happened just last week where an apparent attack against Bitcoin was staged and manipulated by some groups supposedly connected with and to prop up the value of BitCoinCash, I felt a little bit discouraged because I realized that anytime the same thing can be done anytime and soon an attack can caused irreversible damages to Bitcoin.

Right now, things are getting back to normal and Bitcoin is showing the resiliency that many expected it would. Down the road, it is maintaining its strength in the $6,700 - $6,900 level and we all happy and satisfied with it. Do you think we are already back on track?

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November 15, 2017, 05:41:02 AM
 #2





In light of what happened just last week where an apparent attack against Bitcoin was staged and manipulated by some groups supposedly connected with and to prop up the value of BitCoinCash, I felt a little bit discouraged because I realized that anytime the same thing can be done anytime and soon an attack can caused irreversible damages to Bitcoin.

Right now, things are getting back to normal and Bitcoin is showing the resiliency that many expected it would. Down the road, it is maintaining its strength in the $6,700 - $6,900 level and we all happy and satisfied with it. Do you think we are already back on track?
I can saw price at this moment like has out by wave, Now like on stabilized tracks. in last week ago a price hike caused by hardfork? and a few news about amazon shop has reserved domain *smeel bitcoins*. So, price of bitcoins will up more on lastyear,maybe.
St4yInTh3D4rk
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November 15, 2017, 05:48:06 AM
 #3





In light of what happened just last week where an apparent attack against Bitcoin was staged and manipulated by some groups supposedly connected with and to prop up the value of BitCoinCash, I felt a little bit discouraged because I realized that anytime the same thing can be done anytime and soon an attack can caused irreversible damages to Bitcoin.

Right now, things are getting back to normal and Bitcoin is showing the resiliency that many expected it would. Down the road, it is maintaining its strength in the $6,700 - $6,900 level and we all happy and satisfied with it. Do you think we are already back on track?



Yes,bitcoin is already back to the track as we can see the the price keeps increasing from yesterday and currently the price is nearly to $7000.I feel pity for those who converted bitcoins into bitcoincash because the price of bitcoin got stabled at about $1300 i don't think it will increase further.
But still some problem for bitcoin is their transaction fee is still high,I hope it will be resolved soon by the bitcoin community.

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November 15, 2017, 05:59:48 AM
 #4

Yes and definitely a high price we can see in restoring the vitality of bitcoins. So buy bitcoins as much as its price is cheap. That we can not repent at the end. It is expected that By the end of December the price will increase by $ 10,000 and a further 20,000 $ by the middle of 2018.

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Quietman
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November 15, 2017, 06:01:21 AM
 #5





In light of what happened just last week where an apparent attack against Bitcoin was staged and manipulated by some groups supposedly connected with and to prop up the value of BitCoinCash, I felt a little bit discouraged because I realized that anytime the same thing can be done anytime and soon an attack can caused irreversible damages to Bitcoin.

Right now, things are getting back to normal and Bitcoin is showing the resiliency that many expected it would. Down the road, it is maintaining its strength in the $6,700 - $6,900 level and we all happy and satisfied with it. Do you think we are already back on track?



We never lose our track, these kinds of events usually happen. The dump is just normal compared to the previous dumps that occured it was quite a small percentage. There are just so many things that happens that most people associates to the decrease of the price of BTC. Bitcoin is unstoppable and it easily recover. Hodl. Smiley
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November 15, 2017, 06:01:44 AM
 #6

By the way it realy seems that Bitcoin did pretty well with all this bullshit. If you accept the fact that the price of 7$k was overpriced because people were buying BTC before the fork then you will probably understand that the correction was just a matter of time. So if you forget about all this mess then 7000$ - 5 000$ may look like a usual correction after the big growth.

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November 15, 2017, 06:28:35 AM
 #7





In light of what happened just last week where an apparent attack against Bitcoin was staged and manipulated by some groups supposedly connected with and to prop up the value of BitCoinCash, I felt a little bit discouraged because I realized that anytime the same thing can be done anytime and soon an attack can caused irreversible damages to Bitcoin.

Right now, things are getting back to normal and Bitcoin is showing the resiliency that many expected it would. Down the road, it is maintaining its strength in the $6,700 - $6,900 level and we all happy and satisfied with it. Do you think we are already back on track?



I can see prices sometimes price up and sometimes down like the waves at sea, not necessarily when stable
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November 15, 2017, 06:29:47 AM
 #8

Yes, the risk period is over, and I think it's back to the right track. It's expected to reach $8000 at the end of the year, a bit crazy, or even 1000 dollars. Maybe bitcoin will give you a new year gift pack, there's nothing impossible!
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November 15, 2017, 06:55:20 AM
 #9

Nope, Do you think the pumpers of BCH will just let it down? Obviously No, they will find another way to return their investments. This price manipulation and FUD will not just stop there. I assume that another dump will happen within this year.

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November 15, 2017, 07:01:21 AM
 #10

Do you think we are already back on track?

NO,  

STILL 79199 Unconfirmed Transactions until this # drops to less than 10000

Transactions times will be too long and Fees too high compared to every other way to transfer money.

Problem is the # is only really dropping because people are either not sending btc but waiting , or they are using altcoins and bypassing the stupidity altogether.

Once people think the all clear is given they will start trying to use btc again and cause another transactions pile up which drives up fees and increases delays.

Make no mistake until the Core Devs get off of their incompetent Lazy assess, and increase ONCHAIN transaction capacity , your problems with btc will never end.
 

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November 15, 2017, 07:04:07 AM
 #11

Do you think we are already back on track?

NO,  

STILL 79199 Unconfirmed Transactions until this # drops to less than 10000

Transactions times will be too long and Fees too high compared to every other way to transfer money.

Problem is the # is only really dropping because people are either not sending btc but waiting , or they are using altcoins and bypassing the stupidity altogether.

Once people think the all clear is given they will start trying to use btc again and cause another transactions pile up which drives up fees and increases delays.

Make no mistake until the Core Devs get off of their incompetent Lazy assess, and increase ONCHAIN transaction capacity , your problems with btc will never end.
 



People that want to spend bitcoin are still spending bitcoin regardless of the unconfirmed transactions.

If you use recommended dynamic fees you will get through, although it will be quite expensive.
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November 15, 2017, 07:13:59 AM
 #12

I observed the same way you do. Those whom making such move on pumping bitcoin cash are the same person who are complaining the price of bitcoin that is unaffordable. The reality is they do have self interest and have invested to bitcoin cash for that reason. But as of now that the price rallying back again to its track the attacks will not stop and will continue until they will be tired of.
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November 15, 2017, 07:22:18 AM
 #13

I also think the bitcoin cash team are not done quite yet. As far as Bitcoin transaction, also take into account the hash-rate games being played. Even without the backlog of transactions, the average block is taking 15 minutes to find or 4/hour versus the normal 10 minutes or 6 blocks/hour, backing up transaction even more. The bitcoins cash team seems to be tatting on all fronts at once.

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November 15, 2017, 07:24:45 AM
 #14

I think it's a good time to buy bitcoin these days. Because it's almost predictable that bitcoin can't reach 5000 dollars in a short time, and I even think it will reach $10000 in 2018. So, now is the time to buy.
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November 15, 2017, 07:38:17 AM
 #15

We've  stabalised for now but that doesn't mean there will be more ups and downs (or 'attacks' as people seem to be calling it). The price of Bitcoin has dropped many times before, you just have to hodl through if you're in it for the long run.
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November 15, 2017, 07:45:05 AM
 #16





In light of what happened just last week where an apparent attack against Bitcoin was staged and manipulated by some groups supposedly connected with and to prop up the value of BitCoinCash, I felt a little bit discouraged because I realized that anytime the same thing can be done anytime and soon an attack can caused irreversible damages to Bitcoin.

Right now, things are getting back to normal and Bitcoin is showing the resiliency that many expected it would. Down the road, it is maintaining its strength in the $6,700 - $6,900 level and we all happy and satisfied with it. Do you think we are already back on track?


As you say we don't  because it might be happen the same things again. But i believe that the bad have nothing do on good things. They no match to bitcoin. We cannot sure that we are back on track now but if the price of bitcoin now is good then i mist say it that the bitcoin is on way to the good track.and i believe that sooner the price will rising up or higher up than now even though that the price of bitcoin is unstable and fluctuating
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November 15, 2017, 07:57:31 AM
 #17

As we expected bitcoin still came victorious despite the attack on it, weak hands showed their color and and that is very much expected for those who doesn't support Bitcoin 100%. We can see that manipulation of prices are getting into the nerves of Hodlers and that we can't blame some for it might be their only possession as of the moment, nevertheless many supporters are smiling due to the strength of bitcoins stability.









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November 15, 2017, 08:20:34 AM
 #18

Yes it could happen any time, even when you are asleep but what you don't realize is a pump and dump only becomes successful when the other users take part in it. If the particular group who is pumping the coin does not get any participants then there is no use of such pumps buddy.
So it actually depends on us whether to take part in it or not. Obviously we wont as we know how it is affecting Bitcoin. I didnt took part in it at the first time. So if you want to prevent such attacks on BTC then just stay away from such manipulatoin.
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November 15, 2017, 08:32:29 AM
 #19

Do you think we are already back on track?

[NO,[/b] 

[STILL 79199 Unconfirmed Transactions until this # drops to less than 10000 [/b]

OP is talking about "price" and the market being back on track or not. and it is back on track.
as far as price, it is already back up to nearly $7000 and soon it is going to be officially over. the bitcoin cash FUD is fading a way and the panic vanishes with it. and whales have been accumulating while weak hands slowly come back. current price is the bottom of a normal correction meaning back to normal or "back on track"/

regarding the unconfirmed transactions I have to say, we are also back on track on that front. because it is falling and the blocks are being mined like normal now that miners dropped mining bitcoin cash and have come back to mining bitcoin.
of course it will take time for it to reach zero since bitcoin is the only cryptocurrency that is being used a lot and that means new transactions are being added to the mempool every second.

Only Bitcoin
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November 15, 2017, 08:35:52 AM
 #20

Yeah definitely it's that time again where we can sell some of our bitcoins, due to the increase of price again if that keeps up 7,500 is within the reached by the end of the month. We can just grab the opportunity while it is there, because the price might decrease again depending upon the supply and demand of bitcoin by the users in the cryptocurrency market.
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