To save bitcoin - stop buying bitcoin cash

[LbtalkL]

This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.

Failure to act will cause more similar situations in the future

Bitcoin is not dying that's how cryptocurrency works it is volatile if there is a bear there's a bull. Nothing to do with the drama between this two Fork, they keep fighting but they can easily claim both coins.

[1715107866]

1715107866

[1715107866]

1715107866

[1715107866]

1715107866

[Infinixhot1996]

Is btc current price the all low we ve ever witness?  I just have a feeling btc will drop all through this year.

Definitely this ain't bitcoins all time low price, remember the bitcoin started from scratch,basically from form zero to this level it's at, even If it drops further,its definitely not the end, I can assure you that.
As regards the OP, all this forked 'bitcoins" definitely are nothing compared to the bitcoin,and with this sort of market,i doubt they'll be able to survive If the bear intensifies the more.
At the end of the day, they'll be gone while the bitcoin will definitely remain

[squatter]

Stop buying altcoins would be a better way, not just bch, all altcoins are actually dilutions of bitcoin.
If we can't stop buying altcoins, then the same can't stop people from buying bch.
In this market, more people are pursuing short-term money, not real value.

It's a very speculative market -- especially altcoins -- but Bitcoin as well. There's no denying that "get rich quick" types exist among bitcoiners too.

After years of watching the interchange of Bitcoin and altcoins since I arrived in 2013, it doesn't seem like people will ever stop investing in altcoins. There's something about boring markets and bull markets that makes bitcoiners want their coins to work for them. They're always looking for ways to speculate or gamble and increase their stack.

In some sense, at least perceptually, altcoins dilute Bitcoin. However, I think their relationship is more mutually beneficial than that. I don't see altcoins as parasitical at all since the altcoin markets actually tie up quite a big chunk of the circulating bitcoin supply. I think this has been helping to drive Bitcoin's long term price rise for a long time.

[adrianto1995]

I don't think sure it will work. Bitcoin dropping like this because is manipulated by the whales, they using the hash war drama as the opportunity to create a FUD and then make many noobs panic sell their Bitcoins.

Whales create a FUD to get a cheap Bitcoin from us to maximize their profit. Be aware that!

[gudjhonson]

Indeed the manipulation of the whale is enough to panic and worry, and what can make it return good and valuable. Even though we stopped buying bch, this won't affect it either. What we might do is promote bitcoin again so investors can trust it again and the hash war can be ended.

[kelz1]

The key word in the original post is 'triggered' which means that it started this dump. It can't be just a coincidence that the hash wars occurred at exactly the same time that miners stopped mining bitcoin, and the btc price went down 50%. Other factors like panic selling immediately followed and here we are today

[flemming_s]

It doesn't help. Do you really think that bitcoin cash can somehow influence bitcoin? In my opinion, they can not be compared, and there is almost no influence.

[Janation]

It doesn't help. Do you really think that bitcoin cash can somehow influence bitcoin? In my opinion, they can not be compared, and there is almost no influence.

Why would you compare Bitcoin with an altcoin in the first place?

Bitcoin is the original cryptocurrency, without Bitcoin there will be no other cryptocurrencies available today. Satoshi Nakamoto left Bitcoin even though he has some plans for it. The reason Bitcoin Cash was made, because it was the ideal Bitcoin that Satoshi is wanting. If investors want to buy Bitcoin Cash, that is fine since we can't stop them from buying things they think will be profitable in the future.

[Horas1976]

This is not a good way out, stop blaming the war of hash bitcoin cash, bitcoin is the parent of a coin so high strength is still on bitcoin.
This situation is only temporary and will come back, be patient.

[aoluain]

I couldn't agree more with the post above. The statement in OP is more valid when it comes to the other altcoins then about BCH and BSV.

If everyone sells the altcoins they got, and I'm referring to the ones that literally has no use (and believe me, there are many), the forked coins will have no impact on the market anymore.

Done, well almost done with almost all the shit cojns i had. I claimed
my BCH abd traded it for BTC shortly aftet i got it.
Also with a lot of alts i had they went back into BCH, that is the main
focus and it should be for everyone.

[Slow death]

if the bitcoin community wants to dream that one day bitcoin will be used as a means of payments worldwide and that it is properly regulated then we must take tough measures:

- we need to be very serious and responsible, we have many exchanges that manipulate their volumes, we need sites like coinmarketcap to hire companies in order to verify whats exchange manipulate volume and put only exchanges that have their volumes that are not manipulated

- We should not buy any altcoin that is bitcoin hard fork  and use the name  Bitcoin XXX, only exist BITCOIN (BTC). we need to stop encouraging those kind of things. let's be honest here:

if one millionaire had 10 million dollars to invest in bitcoin and do research and find out that there is:

- Bitcoin diamond

- Bitcoin gold

- Bitcoin cash

- Bitcoin SV

- Bitcoin Private

- BitcoinZ

- BitcoinNote

- Bitcoin scrypt

will have more chances of millionaire to take their 10 million dollars and invest in the gold. why? because it is obvious that he will realize that the crypto world is full of childishness, lack of unity, has a fight for power and fame and his money would have a big chance of drop 90%. I am not a fan of gold, but I must say the obvious, currently the crypto market needs many changes to have credibility

I already saw altcoin with jesus coin name, I already heard altcoin with trump coin name, what the fuck are people thinking? Governments take gold seriously, I still have not seen something like: metal with  name " Gold Diamond "; " Gold Private ". if have, then no one will waste time and money buying a fraud with " Gold Private " name. it is not possible for someone smart to create currency with the name of " Jesus Coin " or " Trump Coin " or " Bitcoin Gold "; " Bitcoin Cash "; " Bitcoin SV ". are things that destroy the credibility of the crypto market.

[efxtrader]

I am never hold or buyng bitcoin cash because i am prefer buying bitcoin. I am believe bitcoin still survive in long term because price fluctuation always happen in any market including stocks market

[hv_]

if the bitcoin community wants to dream that one day bitcoin will be used as a means of payments worldwide and that it is properly regulated then we must take tough measures:

- we need to be very serious and responsible, we have many exchanges that manipulate their volumes, we need sites like coinmarketcap to hire companies in order to verify whats exchange manipulate volume and put only exchanges that have their volumes that are not manipulated

- We should not buy any altcoin that is bitcoin hard fork  and use the name  Bitcoin XXX, only exist BITCOIN (BTC). we need to stop encouraging those kind of things. let's be honest here:

if one millionaire had 10 million dollars to invest in bitcoin and do research and find out that there is:

- Bitcoin diamond

- Bitcoin gold

- Bitcoin cash

- Bitcoin SV

- Bitcoin Private

- BitcoinZ

- BitcoinNote

- Bitcoin scrypt

will have more chances of millionaire to take their 10 million dollars and invest in the gold. why? because it is obvious that he will realize that the crypto world is full of childishness, lack of unity, has a fight for power and fame and his money would have a big chance of drop 90%. I am not a fan of gold, but I must say the obvious, currently the crypto market needs many changes to have credibility

I already saw altcoin with jesus coin name, I already heard altcoin with trump coin name, what the fuck are people thinking? Governments take gold seriously, I still have not seen something like: metal with  name " Gold Diamond "; " Gold Private ". if have, then no one will waste time and money buying a fraud with " Gold Private " name. it is not possible for someone smart to create currency with the name of " Jesus Coin " or " Trump Coin " or " Bitcoin Gold "; " Bitcoin Cash "; " Bitcoin SV ". are things that destroy the credibility of the crypto market.

Lets be honest....  honest mining is defined by the white paper..  ONLY.

[TheUltraElite]

It doesn't help. Do you really think that bitcoin cash can somehow influence bitcoin? In my opinion, they can not be compared, and there is almost no influence.

Bitcoin cash was founded by one of the biggest liars on this planet who said that the original bitcoin was always bitcoin cash and pointed to it to be the real while bitcoin core was said to be a fake. I do not understand how people can be naive at this and still trust a person like him and his and his associate's shitcoin and shitcoin forks. Then again its their decision what to do with their money.

People like us who have been with the market for a long time know what is true and seeing lies like these does make us feel bad. But try telling these truths to the brainwashed bitcoin cash lovers and they will call you names. The level of zombie brainwashing that these people have undergone is utterly immense.

[Red-Apple]

will have more chances of millionaire to take their 10 million dollars and invest in the gold. why? because it is obvious that he will realize that the crypto world is full of childishness, lack of unity, has a fight for power and fame and his money would have a big chance of drop 90%.

you can't blame bitcoin for existence of shitcoins and if someone doesn't realize that then it is best (for us) that they don't get involved with bitcoin at all.
it is like saying big companies with a recognized brand like Apple for example are full of childishness because Chinese are copying their product and releasing a fake shitty version of their iPhones for instance!

[vv181]

It doesn't help. Do you really think that bitcoin cash can somehow influence bitcoin? In my opinion, they can not be compared, and there is almost no influence.

~snip

People like us who have been with the market for a long time know what is true and seeing lies like these does make us feel bad. But try telling these truths to the brainwashed bitcoin cash lovers and they will call you names. The level of zombie brainwashing that these people have undergone is utterly immense.

It is indeed the cryptocurrency community already aware of the lies that spread the Bitcoin Cash community, and many of them already have a well understanding of what going on. The problem is the newcomer that does not know anything about it, they are eaten by the propaganda that Bitcoin Cash team spread to achieve their own profit.

[Palmerson]

In any business there is a division. Each of the project participants sees the development strategy in its own way. This always leads to a section. I don't see anything wrong with that. In the end, investors will choose the most promising project and it will live on. The project will become more predictable. But it takes time.

[pinoyden]

even if we stop buying bitcoin cash or any other crypto coins , that cant still guarantee that bitcoin  will be safe from price reductions  .

  people and whales will sell constantly  their coins and that can result for the price to go down .    there were also people that have a favoritism where they only stick on thier favorite coins ,  not all people loves bitcoin due to its disadvantages . so i think not all will switch on it if ever other cryptos are not available .

[Johnzky]

This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.

Failure to act will cause more similar situations in the future

Competition is one big factor why crypto market is still keeping alive and kicking,these part makes other coins increases their value,so I don’t believe that stop buying of such coins is the answer for the growth of bitcoin.just continue supporting and trusting so in future we will see good effect

[KingScorpio]

This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.

Failure to act will cause more similar situations in the future

another proof for lack of social support, bitcoin has been created for a market not a civilisation