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Topic: Bitcoin Cash fraud (Read 335 times)

sr. member
Activity: 652
Merit: 250
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November 26, 2017, 04:00:40 PM
#14
Seems many are still holding onto the bitcoin cash fraud.

apparently there is more bitcoin cash circulating than BTC! How is that? With so many like myself who were shut out of BCC renumeration for lack of trust in our local exchanges.

Seems like these rogue BCC exchanges have already cashed in my BCC! WTF!

If BCC is not a forking scam, then why isn't there BCC for me? I bought plenty of BTC before the fork.

Fork the forksters and scamsters.

Yes , many people are still holding on to bitcoinCash that is why it is still not off-market . But it would be wrong to conclude here that BitcoinCash is being circulated more than Bitcoin . I Think if that was the truth then there would've been more flourishing market for BitcoinCash .  If you bought plenty of BTC before the fork then i think that would've turned out to be the best decision ever as look at the value , its $9000 now !!
I've read many reports claiming that bitcoincash is getting such hike because of the involvement of bots which is why it is getting some attention in the market . If that is true it would be revealed and proved pretty soon when BitcoinCash will fall drastically .           
member
Activity: 258
Merit: 10
November 23, 2017, 10:31:46 AM
#13
Bitcoin cash I think there is a high probability of fraud, thinking that first of all the coin is technically worthless and there is basically no progress in the development, only by virtue of the great power and big financial support, the price has been rising.
member
Activity: 182
Merit: 10
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November 23, 2017, 10:19:29 AM
#12
Yes it is manipulated by the chinese whales,from my chinese friends he said they will pump the btc to 10k to be clogged then if the BTC reaches that high they will switch to BCH then dump the BTC and BCH will win the throne.
sr. member
Activity: 336
Merit: 250
November 23, 2017, 10:09:40 AM
#11
Maybe the fraud on bitcoin cash is the previous pumping of it's price made by some people for their personal gain. Personally I don't like Bitcoin Cash because of the fact that it is just a forked coin and that it's main goal is just to replace bitcoin it will just make things more complicated.
member
Activity: 84
Merit: 10
November 23, 2017, 07:52:02 AM
#10
I think the previous deep on the price of Bitcoin and instant increase on the price of Bitcoin was just a manipulation in the price of some whales who owns a lot of BCH and it was a failed attempt to outshine BTC.
full member
Activity: 140
Merit: 100
November 23, 2017, 07:24:24 AM
#9
Bitcoin Cash. Coins are ignored and considered to be failing. Now much hunted by the big holders. Bottom line, if you are interested in BCC, buy. If not, forget it. And keep looking forward Smiley
full member
Activity: 220
Merit: 100
November 23, 2017, 07:18:23 AM
#8
Seems many are still holding onto the bitcoin cash fraud.

apparently there is more bitcoin cash circulating than BTC! How is that? With so many like myself who were shut out of BCC renumeration for lack of trust in our local exchanges.

Reason why there are more BCH in the circulation is because there have their own miners and those miners are solving algorithms for BCH, when BCH was forked from BTC it replicated the number of BTC in circulation but after that the supply was different because of the miners.


Seems like these rogue BCC exchanges have already cashed in my BCC! WTF!

BCC is not Bitcoin cash it is Bitconnect


If BCC is not a forking scam, then why isn't there BCC for me? I bought plenty of BTC before the fork.

Fork the forksters and scamsters.

It may not be a scam but still BTC is different from BCH and they have their own supporters.
hero member
Activity: 770
Merit: 500
Bazinga!
November 23, 2017, 07:15:53 AM
#7
At which exchange or wallet you were holding your bitcoin during fork. Many exchanges and wallets have already allowed users to cashout their bitcoin cash and also coinbase will allow users to claim their bitcoin cash on jan next year.

That's mighty big of Coinbase. How long did that take?

Coinbase never planned on even touching bitcoin cash but in the early days when the fork happened and then it gained some value on exchanges and the volume grew because of the initial dump, Coinbase was put under a lot of pressure by its users that they should credit BCH to their users because they are missing on some money.
i think it took about 1 month until they gave in the pressure and set the date to January 2018!
member
Activity: 70
Merit: 10
November 23, 2017, 07:11:55 AM
#6
At which exchange or wallet you were holding your bitcoin during fork. Many exchanges and wallets have already allowed users to cashout their bitcoin cash and also coinbase will allow users to claim their bitcoin cash on jan next year.

That's mighty big of Coinbase. How long did that take?
sr. member
Activity: 490
Merit: 258
November 23, 2017, 07:11:10 AM
#5
Seems many are still holding onto the bitcoin cash fraud.

apparently there is more bitcoin cash circulating than BTC! How is that? With so many like myself who were shut out of BCC renumeration for lack of trust in our local exchanges.

Seems like these rogue BCC exchanges have already cashed in my BCC! WTF!

If BCC is not a forking scam, then why isn't there BCC for me? I bought plenty of BTC before the fork.

Fork the forksters and scamsters.
You didn't have your BCH because you stored your bitcoins somewhere which isn't going to support the fork. You should have used a hardwallet in the first place because according to you - I bought plenty of BTC before the fork.. Who's in a right mind will store "plenty" of BTC in an online exchange?

The coin is not a scam, its more on like something we called dividends. The people behind it are the scammers. And again, screw Roger Ver.
hero member
Activity: 854
Merit: 500
November 23, 2017, 07:09:51 AM
#4
At which exchange or wallet you were holding your bitcoin during fork. Many exchanges and wallets have already allowed users to cashout their bitcoin cash and also coinbase will allow users to claim their bitcoin cash on jan next year.

You should always store your bitcoin in wallets like jaxx, electrum where you will have full control over your bitcoin and all forked coins.
legendary
Activity: 1932
Merit: 1273
November 23, 2017, 07:08:00 AM
#3
apparently there is more bitcoin cash circulating than BTC! How is that?

difficulty magic Cheesy

they made bitcoin cash so that its difficulty is adjusted faster than bitcoin (the original pan for difficulty adjustments) and called Emergency Difficulty Adjustment. it was done in order to keep the chain alive because they know in the fist days they wouldn't get any mining power and the fork should have happened.

this EDA was abused by miners. the difficulty was adjusted (dropped) to very low levels so that the low hash power of BCH is capable of mining it. but that also meant that a big mining pool with a huge hashrate could start mining that low difficulty coin and find 10 times, 20 times more blocks than it could find in bitcoin with the high (normal) difficulty.

and they surely did do that. there was a time when they found 1000+ blocks per day instead of 144 normal amount!
more blocks, more mining reward (12.5BTC per block), more circulating supply.
this is exactly why bitcoin cash make bitcoin flawed since bitcoin cash was created, It allows the miners to flip-flop between any coins at any time, so in my opinion, it's the miners that set the pump and dumps.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 23, 2017, 07:01:09 AM
#2
apparently there is more bitcoin cash circulating than BTC! How is that?

difficulty magic Cheesy

they made bitcoin cash so that its difficulty is adjusted faster than bitcoin (the original pan for difficulty adjustments) and called Emergency Difficulty Adjustment. it was done in order to keep the chain alive because they know in the fist days they wouldn't get any mining power and the fork should have happened.

this EDA was abused by miners. the difficulty was adjusted (dropped) to very low levels so that the low hash power of BCH is capable of mining it. but that also meant that a big mining pool with a huge hashrate could start mining that low difficulty coin and find 10 times, 20 times more blocks than it could find in bitcoin with the high (normal) difficulty.

and they surely did do that. there was a time when they found 1000+ blocks per day instead of 144 normal amount!
more blocks, more mining reward (12.5BTC per block), more circulating supply.
full member
Activity: 317
Merit: 110
November 23, 2017, 06:39:53 AM
#1
 Seems many are still holding onto the bitcoin cash fraud.

apparently there is more bitcoin cash circulating than BTC! How is that? With so many like myself who were shut out of BCC renumeration for lack of trust in our local exchanges.

Seems like these rogue BCC exchanges have already cashed in my BCC! WTF!

If BCC is not a forking scam, then why isn't there BCC for me? I bought plenty of BTC before the fork.

Fork the forksters and scamsters.
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