BTC price decreases and BCH increases sharply, why?

[penig]

just another pump and dump game, peeps try to make more money, thats all.

Funny thing about the last BCH pump, there was little dump afterwards.  Maybe time to accept reality and get on the BCH boat and straddle both (what an interesting image that conjures?)

[fofz]

Keep your BTC holding! Its just bump and dump again. Coinbase plays it tricky

[samuraijin]

In my opinion, it all depends on the pumps they make so there is an increase what has happened, but personally, I never panicked with what has happened from that side so I will get what I want from the pump

[freddiesaturn]

I heard that some core Bitcoin team got out of Bitcoin, is it reason why BTC dump?
while there good news about BCH, and many people think that BCH is slowly replace BTC?

[Kprawn]

Coinbase opened it's doors to BCash and a bunch of BTC are being exchanged for BCash. This will result in a higher price for

BCash and a lower price for Bitcoin. I just hope people will realize soon that BCash has no chance against a full enabled BTC.

No Crypto currency will be scalable to the level of Bitcoin, once the Lightning Network is enabled. 

[Kemarit]

I heard that some core Bitcoin team got out of Bitcoin, is it reason why BTC dump?
while there good news about BCH, and many people think that BCH is slowly replace BTC?

I don't know if there's some kind of truth about some Bitcoin core team leaving. But there are a lot of FUD going around the social media right now. My advise. Don't believed everything you read. They are creating a lot of fake news to swayed to shift to Bitcoin Cash. It's really hard to filter out what's right with all the news coming out in the last couple of days.

I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??

You out of your mind? Why are you selling if the price is going down? You sell when the price is going up not the other way around. Bitcoin peak at $19,000 did you sell or what? Now you are asking if this is the better time to dump your coins? Better just hold on it and let the dust settles and don't panic. How many times do we have to remind people here?

Coinbase opened it's doors to BCash and a bunch of BTC are being exchanged for BCash. This will result in a higher price for

BCash and a lower price for Bitcoin. I just hope people will realize soon that BCash has no chance against a full enabled BTC.

No Crypto currency will be scalable to the level of Bitcoin, once the Lightning Network is enabled. 

Of course, they can overtook Bitcoin, and if this is another attempt from them, they won't be successful. But I admire them for pumping the price to above 70%. But we all know what's coming. A pump like this can't be sustainable. Sooner or later we are all going to see a crash and they will go back to the drawing boards again to plan another attack. Let's see how Lightning Network will help us reduce all this problems that we are facing. Its about time that they should enable it.

[Dzernej]

coinbase

[ariyaromadhona96]

That was because co-founder bitcoin.com sold all his Bitcoin and invest in Bitcoincash and coinbase exchange launch. The bitcoin co founder said that nowadays Bitcoin have higher risk , because it only used not for actual purpose , it only used for profits minded people that just looking for money and profit , not for what bitcoin can offer in future . That what he said , not mine.

[lagista]

I think there are some possibilities between up and down BTC and BCH prices can be very drastic. may be due to demand and supply factors or it could be due to the factor of the game of large-grade traders to reap profits by making BTC and BCH prices increased and decreased. but there must be advantages and disadvantages for BTC and BCH coin holders.

[jc89]

I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??

This exact scenario happened weeks ago that pushed Bitcoin Cash's price to 1,200+ USD. After a few days, Bitcoin began climbing again while Bitcoin Cash had its correction but recovered quickly. The price of BCH stabilizes and increased as well. The scenario last time will happen again and might happen again in our current scenario.
I suggest that you must hold your BTC for now and wait for it to increase in value before converting it to BCH.

[sofi@]

I'm still giving my full trust in bitcoin although the drop is really alarming but like what is always happening I think we should not get panic and sell right away our bitcoins. I experience this panic selling mode and regret after seeing the revenge bitcoin has made and I don't want that to happen again that's why at this moment I keep holding my bitcoin and wait until the value grows again and hit a much higher amount because bitcoin always fluctuates and always appreciate no matter what.

[Vannie12]

I think you still don't understand the game. It's like the first one to sell is the loser game.
Holding your bitcoins will always worth something. And that is how important holding is. Look how high bitcoin can go and it's capabilities. Are you doubting it now?
I say it's a great time to buy because there are big dumps right there. I don't understand why people are just seeing threats and not opportunities. It's very sad that everyone is affected and spreading FUD themselves.

[ChinkyEyes]

Apart from the view that the whales are just maneuvering, one reason for bitcoin cash rising could be the people actually are starting to use it more often, due to its benefits over bitcoin.
People are to use alts for transactions, so why not a bitcoin fork, seems more appropriate to use it actually.
Fast transactions, low fees, and huge support and development back up too. 

I agree, a lot of newbies who have just gotten into crypto don't even know they pay 5-10dollars for btc transaction when sending their funds between exchanges. I personally have been using, ETH and LTC for transactions. But from now on I think I will use bitcoincash for transactions.

[Wicked17]

I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??

Its already happened before, their playing again with the price of bitcoin and bitcoin cash to make some profit. Be careful with your move, if i were you i will not sell my bitcoin because in the next few days bitcoin will bounce back again. We have to be patient all bitcoin loyalist.

[sobriket]

This is just pure hype, it has been happening since a lot of time, only those who were still holding their bitcoin cash are the ones who are the lucky ones.
It is just a switching game, they are never going to be the real bitcoin (and that is why they are trying to do) so dont need to worry about.

[iram1011]

Why?
Because of high price manipulation.
Who is doing that?
Roger Ver
Why is he doing that?
Let me share a tweet here that I just read.
https://twitter.com/Bitcoin_Bullet/status/943530356178804736

BCH is a pump and dump coin nicely being used by Roger Ver by occasionally manipulating the price. This tweet sums up the story very well.

Really people in cryptos gives  lots of importance to every pump or dump now a days. BCH is nothing but a fork of bitcoin,  which is of course, better than bitcoin in tech,  scalability and TX speed.  But again what we are forgetting is that Bitcoin has become a store of value - like gold. Bitcoincash promoting itself superior to bitcoin on all the traits related to currency,  this comparison is flawed.

I don't understand where does the potential comes in picture.

[shouter]

I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??

Its already happened before, their playing again with the price of bitcoin and bitcoin cash to make some profit. Be careful with your move, if i were you i will not sell my bitcoin because in the next few days bitcoin will bounce back again. We have to be patient all bitcoin loyalist.

Yes, that makes sense. I also like that idea, and as everyone says (which I personally believe to be the right one) Bitcoin is an investment for the long term. Soon I would not sell because there was some downfall, I have no doubt it will rise again.
As for the price increase of the BCH, what I think about, is that this is not bad, as it makes it clear that Cryptocurrencies  are definitely the future of currencies,
but Bitcoin will always be ahead

[lighpulsar07]

Yeah it is bizarre that only bitcoin cash the only rising coin while other cryptocurrencies in coinmarketcap had a price drop does it mean that the whales are pumping bitcoin cash? if it is then this is a huge price manipulation by whales especially roger ver he can change the market with his huge amount of bitcoins. Anyways you should sell your BCH now it might crash sooner or later

[CryptosapienZA]

Because people are dumping btc and pumping BCH.. Its their money, they can do whatever hell they want. My portfolio is intact, I am happy with the pump. I have made a whole lot of money.

[iram1011]

Why?
Because of high price manipulation.
Who is doing that?
Roger Ver
Why is he doing that?
Let me share a tweet here that I just read.
https://twitter.com/Bitcoin_Bullet/status/943530356178804736

BCH is a pump and dump coin nicely being used by Roger Ver by occasionally manipulating the price. This tweet sums up the story very well.

Really people in cryptos gives  lots of importance to every pump or dump now a days. BCH is nothing but a fork of bitcoin,  which is of course, better than bitcoin in tech,  scalability and TX speed.  But again what we are forgetting is that Bitcoin has become a store of value - like gold. Bitcoincash promoting itself superior to bitcoin on all the traits related to currency,  this comparison is flawed.

I don't understand where does the potential comes in picture.

According to you core minions Roger Ver is broke, he lost all his money in the previous pumps. Decide already or admit the truth, there's lots of people buying BCH. You lost.

He is broke? I never said that. Wasn't he the one who made shit load of money on last pump? Those ""lots of people"" were buying BCH in last pump also. Why didn't that pump sustain? Why BCH came back to 0.1 btc? Wait for a day or two. Same gonna happen again. All those lots of people came in BCH because of Coinbase listing. Soon cash flow will be back to BTC. People buy in rumor and sell on news!

If you are in BCH, book profit and exit.