Topic: BCH threat to BTC? - page 5. (Read 2788 times)
Whew I'll tell ya waking up to a $1000 BTH was pretty surprising and had me questioning the choice to sell my BTH day 1. But after reading into it more I bet we see it slowly dip back down under $500 by this time next week. woulda been a good pump to get in on tho 3x in a day eh?
It's far from a threat, actually it's more of a joke.
It's too bad a lot of naive people will lose a lots of money to some greedy bastards whom orchestrated this scheme.
It's too bad a lot of naive people will lose a lots of money to some greedy bastards whom orchestrated this scheme.
But according to the news, Bitmain rejected to support BCH atm, right?
Then how did they come back into the picture and why would they leave BTC? Bitmain is a huge company and if they would have switched, BTC's difficulty would also have adjusted and BTC could have shown some signs of dump as they have been a major part in the BTC mining network.
Then how did they come back into the picture and why would they leave BTC? Bitmain is a huge company and if they would have switched, BTC's difficulty would also have adjusted and BTC could have shown some signs of dump as they have been a major part in the BTC mining network.
do you really believe them?
they must have hundreds of tons of mining machines going spare, either returned, repaired or slightly obsolete. they may as well put them to use with something that fits their agenda.
they can still adhere to the 2x thing and have enough capacity to play elsewhere.
Has been lots of fud articles on coindesk which seems to affect markets.
The only thing that's confusing me here is who is mining BCH other than ViaBTC?
no one. viabtc is bitmain, the mystery miner is bitmain too. bitmain created it and bitmain is subsidising it to the hilt.
But according to the news, Bitmain rejected to support BCH atm, right?
Then how did they come back into the picture and why would they leave BTC? Bitmain is a huge company and if they would have switched, BTC's difficulty would also have adjusted and BTC could have shown some signs of dump as they have been a major part in the BTC mining network.
It was really a pumped and I managed to get out at my buy price, thanks to those who pumped it.
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?
Bitcoin is falling? What are you talking about, this makes no sense? On the contrary, Bitcoin is on the rise and BCH is just another altcoin that on long term has no perspective. It's just a lot of marketing and many people connect it to Bitcoin that is why BCH got big attention. But there is nothing behind it.
What would you call a dip from $4500 to $3900? A 10% fall right? OR a correction wave?
It was really a pumped and I managed to get out at my buy price, thanks to those who pumped it.
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?
Bitcoin is falling? What are you talking about, this makes no sense? On the contrary, Bitcoin is on the rise and BCH is just another altcoin that on long term has no perspective. It's just a lot of marketing and many people connect it to Bitcoin that is why BCH got big attention. But there is nothing behind it.
The only thing that's confusing me here is who is mining BCH other than ViaBTC?
no one. viabtc is bitmain, the mystery miner is bitmain too. bitmain created it and bitmain is subsidising it to the hilt.
It was really a pump and I managed to get out at my buy price, thanks to those who pumped it.
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?
I thought BCH could be something huge because BTC is falling and BCH seems more profitable to miners in terms of mining but it turned back and is facing a downfall once again, so no more worries for BTC. The only thing that's confusing me here is who is mining BCH other than ViaBTC?
Look at BCH from technical point of view - does it have any innovation? The answer is no, there were coins with big blocks since the time people started making altcoins. Does it have any roadmap or team of well-known and skilled developers? No, BCH is just a copy-paste, anyone could have done it before, the only reason it gains some traction is because Bitmain and Ver have invested in marketing, paid shills, propaganda, FUD to get some attention for their coin. In the long run it's not sustainable, Bitcoin will have network stability and well-tested improvements, while most alts will be just a fuel for pump-and-dump schemes.
anyone surprised by this pump needs to get out more.
there's less of it.
it was created to spook bitcoin.
roger ver announced the pump.
the koreans are so stupid they poured into it thinking it was an upgraded bitcoin.
it's the best pump and dump coin ever as it has that baked in flippening fear.
it also has 100% centralised mining and development so is basically the paypal of roger ver's dreams.
the real threat is the 2x coin if it happens. that would be a whole world of mess compared to this.
there's less of it.
it was created to spook bitcoin.
roger ver announced the pump.
the koreans are so stupid they poured into it thinking it was an upgraded bitcoin.
it's the best pump and dump coin ever as it has that baked in flippening fear.
it also has 100% centralised mining and development so is basically the paypal of roger ver's dreams.
the real threat is the 2x coin if it happens. that would be a whole world of mess compared to this.
It doesn't seems to be a threat. As bitcoin cash got evolved from the chain it gained more popularity in a short rather than other altcoins. In a short a panic situation prevailed causing a price increase and dropped after price. Now once again it has started to pump much higher and cross $850. Let's wait and see what's gonna happen.
After 1st aug BCH value getting down as it was expected and 2 days ago it was about 0.07btc/bch. It was also expected that it would be more down after 14th Aug as poloniex credited bch to their customer that day and was expected that it will me dumped. But now it is surprising last two days .It price rise up nearly 0.2btc/bch. Is it threat to BTC market??
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