Operation DragonSlayer: The Flippening is happening NOW

[kwukduck]

Watch this, Bitcoin Cash Surging to new ATHs while Core is plummeting into new lows since weeks.
Mining power is rapidly switching chains and merchants are adopting Bitcoin Cash at an exponential rate.

THIS IS THE FLIPPENING!

[richardsNY]

It feels familiar seeing you pop up after a great dump over at GDAX. It was so intense, that it got whatever BCC whale to lift the market up to 0.29 BTC, which is insane. From bottom to top it means an increase of 200% in the last 24 hours. I don't touch altcoins, but in this case it feels like a missed opportunity. Bitcoin at GDAX dumped to $14k flat, where it immediately jumped up to $17.4k, which again was an insane money making opportunity. I think this is the correction we have been waiting for, and maybe have seen its lowest point. Worst case scenario is a brief visit below the $15k level globally and not just over at GDAX.

[topper26]

BCH is over 8k wtf is happening

[kfactor]

BCH is over 8k wtf is happening

The same day Bitmain releases new batch of S9's at grossly inflated prices, purchasable using BCH only - - - hmmmm.

[topper26]

Ahh did not see that makes sense thanks!

[nikauforest]

I think what is happening is BTC dominance is going to test 39%.( It broke the short term uptrend in the last day. )  But who knows. As always it is best to keep an open mind and not be religious about BTC.

[gentlemand]

Could this be the final pop shot to glory? It doesn't get added to Coinbase every day of the week. If they don't manage something fundamental this time, and they won't, then I don't see how it can happen again in the future unless they get REALLY creative.

[nikauforest]

It could be the final pop for BCH.( although I do not think this to be the case) Who knows really. What the chart tells me if the trend has changed. Alts should outperform BTC for a period of time. ( of course we could race back above that green trend line )

Since Bitcoin Core is the number one coin it will always be attacked. In essence it can stay number one or go down the ranks. It will always have to defend its turf. And to be fair very few if any altcoins have outperformed BTC.

[gentlemand]

It could be the final pop for BCH.( although I do not think this to be the case) Who knows really. What the chart tells me if the trend has changed. Alts should outperform BTC for a period of time. ( of course we could race back above that green trend line )

Since Bitcoin Core is the number one coin it will always be attacked. In essence it can stay number one or go down the ranks. It will always have to defend its turf. And to be fair very few if any altcoins have outperformed BTC.

Of course it's always going to be around, but I meant a full on flat out attack and this combination of spamming, S9s going up for sale, and Coinbase taking place during a difficulty change certainly is one. It's been brewing for quite some time.

[nikauforest]

Well unfortunately Bitcoin core is only offering high fees and the hope of the Lightning network.( AT the moment) So yea the time to go all out against Bitcoin Core is now. ( from a strategy point of view.)

[vit05]

Is it finished? Will it have a second wave? It looks like in Bithump the prices are still up. But I do not know if they can sustain this price. It is bad that the others coins have dipped too. It would be better if that "war" was only between Bitcoin and BCH.

[fabiorem]

Kwukduck, the Jim Cramer of bitcointalk.

[TERA2]

Do you ever wonder what people are on whenever they get so riled up and say ITS HAPPENING NAO NAO NAO

[BitHodler]

Sorry kwukduck, the market didn't end up tanking in the way you were hoping for. It was very likely one or more old hands having cashed out, which I consider to be a fantastic event considering their influence on the market.

The sooner these old hands cash out, the less overall pressure there will be on this market. I am however not surprised by how the demand is steering this market back up, because it has been happening for months now.

I am hodling through everything, and this is not an exception. It's part of the market and definitely not something to get shocked about. If you do get shocked, you obviously don't know how this market works.

[P_Shep]

Damnit. Missed this signal to buy.
Already half way back up now!

[Phil_S]

That "operation" failed at November 22, and now they want to try it again?

Pathetic!

[YuginKadoya]

The Legendary Kwuckduck has done it again, considering the plummet of bitcoin I think Bitcoin Cash pump was because of some manipulators but it is not irrelevant to be flip and switch and making bitcoin cash the new bitcoin because I don't see that happening there are just many manipulators that they had stock BHC that wants to pump it the bitcoin surging down was due to correction only and not entirely because of the pump of bitcoin cash.

[tomahawk9]

Watch this, Bitcoin Cash Surging to new ATHs while Core is plummeting into new lows since weeks.
Mining power is rapidly switching chains and merchants are adopting Bitcoin Cash at an exponential rate.

THIS IS THE FLIPPENING!

Operation DragonSlayer...what kind of stupid name is that? what are you 10?
New lows? only went to 14k for a few minutes.

The coordinated attack was well planned, I'll give you that. First, SEC announcing bitcoin futures are suspended. Then, the spam attack against the nerwork making it so that we now have the mempool with over 214k unconfirmed tx. Then, the FUD wave with posts and articles flooding bitcoin forums. And finally, Coinbase (perhaps the biggest Bcash supporters) adding bcash on GDAX out of nowhere...not a bad plan, I bet it looked good on paper.

But sorry kwukduck, the operation failed, the market has spoken. It tested 14k and it barely lasted a few minutes before going back up to 17k. Thanks for the cheap coins though. And enjoy the bcash momentum, it won't last too long before the massive Bcash dump begins.

[vit05]

Bithump pump again. It is getting serious. Anyone think BCH could pass ETH again? I have sold yesterday for 0.21BTC. I do not know if I have sold to early as the price is only really up on Bithump. Dash is up too. I really think this kind of war only damage the market and do not do anything good.

[Samarkand]

Bithump pump again. It is getting serious. Anyone think BCH could pass ETH again? I have sold yesterday for 0.21BTC. I do not know if I have sold to early as the price is only really up on Bithump. Dash is up too. I really think this kind of war only damage the market and do not do anything good.

I think DASH is kind of unique among the top 5 cryptocurrencies by market cap, because
of the Masternode structure. If I´m not mistaken setting up a masternode effectively locks
up 1000 DASH.

At the moment there are 4,781 Masternodes, which effectively locks up more than 4,7 million
DASH. This reduces the float and therefore DASH can be pumped on less trading volume than
most other cryptocoins. Besides, the community is pretty loyal and has many long-term holders.