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Topic: BITCOIN CASH IS ONLY A BUBBLE? - page 2. (Read 1621 times)

full member
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Merit: 106
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November 13, 2017, 08:17:59 AM
#40
For me I see it as a good time for my investment though bitcoin is dumping we all know it will recover as soon as possible, if you have this coin BCH sell it as the price of BCH is at its peak, and invest in bitcoin while it is dump, before the year end I know it will pump up and gives us good opportunity to have good salary.
copper member
Activity: 490
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November 13, 2017, 07:50:39 AM
#39
I do think that it is only a bubble. It is more like a pump and dump coin that big whales are using against the minnows to grab their money.
The value of BCH raised to 0.5 btc just in 2 days which is almost impossible if there is no definite reason behind it. It also depreciated to 0.17 btc now which shows that it had been dumped hard. So you can consider it a bubble or a dumping coin but just be away from it to be on the safer side.
sr. member
Activity: 375
Merit: 250
November 13, 2017, 07:46:37 AM
#38
I would say it is a bubble, unless it can replace bitcoin, or else the price will drop soon.
member
Activity: 112
Merit: 10
November 13, 2017, 07:44:26 AM
#37
The same logic can be applied to any other token out there... BTC is bubble, XRP, ETH etc. The entire blockchain might be a bubble but what are the chances. It offer something new that has not been possible before and now we see this sharp rise in that sector (in both supply of projects and demand from consumers/investors). Bitcoin Cash is as much a bubble as BTC is or ETH. These are people (who have build these projects) who believe that it will have a specific impact in the future, and that's what matters. If they are correct they will be rewarded by their innovation (just like satoshi was, even though the man never really withdraw his funds, I'm sure he has some going on hidden, so he'll defitely have gained something out of his idea, eternity included). If they are wrong in the other hand, the coin will not perform well and it might even reach to zero, this doesn't mean though that all projects are valueless (zero) or that they are a bubble.
member
Activity: 126
Merit: 10
November 12, 2017, 04:46:46 PM
#36
Its hard to say anything is a bubble. Whatever it is, its going up to the moon
newbie
Activity: 56
Merit: 0
November 12, 2017, 04:12:40 PM
#35
I don't see BCH success in the long term really.
I believe people will slowly realize that there are more technologically advanced coins like DASH or ETH. So let 2018 be the year of alts Cool
sr. member
Activity: 302
Merit: 250
November 12, 2017, 03:40:51 PM
#34
Hi i want to know if the bitcoin cash is only a bubble? Because if you see the bitcoin cash is increasing rapidly while the bitcoin is dunping and dumping so what is your idea about that ? Smiley
If you look at any price growth as a pure bubble then it is a wrong thought process,there may be some drama behind the recent bubble from the miners from China who are against the segwit upgrade and they wanted to target bitcoin and they are doing it successfully ,the price of bitcoin cash rose over $2000 but then went down below $1500 as they cannot sustain that rally.
hero member
Activity: 779
Merit: 502
November 12, 2017, 03:05:06 PM
#33
Yes, deffo in a bubble right now. People who bought in at 2k$ gonna cry rivers, if they aren't already, while whales are getting richer Smiley

At some point the pump is going to stop, and I think we can expect a lot of disappointment from bch believers or people who bought at the ATH.

This is the craziest bubble I have seen so far. It will be back below 0.08 in two weeks. Bitcoin cash lack any fundamental reason to exist. This is not just a pump, it is also an attack on bitcoin. Spam attacks combined with massive amounts of FUD from paid shills.
sr. member
Activity: 476
Merit: 250
November 12, 2017, 02:55:59 PM
#32
Yes, deffo in a bubble right now. People who bought in at 2k$ gonna cry rivers, if they aren't already, while whales are getting richer Smiley

At some point the pump is going to stop, and I think we can expect a lot of disappointment from bch believers or people who bought at the ATH.
member
Activity: 173
Merit: 11
November 12, 2017, 02:47:33 PM
#31
Dude, we all living in the  bubble. You need to have eyes all around you head to not get fucked, got that?

The first thing i do when i get rich on crypto i invest in the bunker and go deep 100m down the ground.

Koreans can drop the atomic bomb any minute because of Roger Ver so you better get prepared.

Sorry i drank too much beer i guees, hahahah!

I fucking love this market! ...bubble or not bubble dont give a shit...  Grin
sr. member
Activity: 378
Merit: 250
November 12, 2017, 02:43:50 PM
#30
Wow, I think BCH was a long orchestrated and planned pump by the Roger Ver pump team. Really crazy buy walls
newbie
Activity: 50
Merit: 0
November 12, 2017, 02:35:13 PM
#29
Bch and btc share the pool of miners. Thia causes huge wait times for transactions. While bch enjoys lightinging fast transactions. Some people see bch because of this.
hero member
Activity: 676
Merit: 501
November 12, 2017, 02:06:57 PM
#28
everything is a bubble in my honest opinion. If the majority will acknowledge BCH as a competitor of BTC, so be it. Miners will dictate which one is the king. I think miners will switch in one way or another depending its profitability. So to avoid confusions, others prefer ETH now since it has a safe and stable price, but every coin is worth a risk.
sr. member
Activity: 322
Merit: 250
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November 12, 2017, 02:02:53 PM
#27
Hi i want to know if the bitcoin cash is only a bubble? Because if you see the bitcoin cash is increasing rapidly while the bitcoin is dunping and dumping so what is your idea about that ? Smiley

Pure bubble, more than a bubble it's a total synthetic coin. No benefit for the environment and users.

Bch pump is clearly manipulated by a few holders. I would suggest you stay far far away from it. It will go back to $500 within a week.
full member
Activity: 155
Merit: 100
November 12, 2017, 02:01:27 PM
#26
Hi i want to know if the bitcoin cash is only a bubble? Because if you see the bitcoin cash is increasing rapidly while the bitcoin is dunping and dumping so what is your idea about that ? Smiley

Pure bubble, more than a bubble it's a total synthetic coin. No benefit for the environment and users. Only price highs and price downs. Some of you like this style, which you actually need to stay away from it. No reason for me to buy that bitcoin cash garbage.
member
Activity: 73
Merit: 10
November 12, 2017, 01:52:49 PM
#25
If it was so stable it wouldn't have been hyping so much this weekend. It needs market adoption which may not occur so could be in a bubble. I do agree Bitcoin is still going to stick around as lets face it everyone here probably has some, I use it to pivot on the markets as well as payout in euros. Bitcoin cash isn't even listed where I trade it out.
full member
Activity: 350
Merit: 105
November 12, 2017, 01:33:14 PM
#24
I think it's not bubble, last night i saw it 100+ increasing. The reason why many players are switching to bitcoin cash. But bitcoin cash is too young to predict. We will see it next year if bitcoin cash defeat bitcoin. 
full member
Activity: 574
Merit: 102
November 12, 2017, 01:17:44 PM
#23
I dont think so, maybe the supporters of segwit2x (especially the miners) decided to switch to bitcoin cash because of cancellation of segwit2x or maybe it's just the cryptocurrency-drama-weekend where whales play pump and dump and people starts panic buying so they sell their coins and buy bitcoin cash.. who knows?
legendary
Activity: 3178
Merit: 1054
November 12, 2017, 12:58:00 PM
#22
I think investors who had high hopes for 2x are allocating their money elsewhere. It feels like the BCC community was just waiting for something they would be able to call a failure of BTC, while in fact nothing is wrong. Would you rather have a vulnerability with no replay protection implemented into a working and growing coin? I know we will eventually need an upgrade but I don't mind waiting for it. If people want to play pump and dump they should get into BCC while it lasts.

there is nothing wrong except they want more BTC. those whales losing 2x just didn't win votes and they they can't forgive themselves so everyone has to suffer. arrange a coup and then they realize they can't win still. i doubt they are willing to really sell everything for BCH. but then of course this is a set up just so they can buy more BTC.
member
Activity: 83
Merit: 10
November 12, 2017, 12:52:25 PM
#21
Remember all markets are manipulated by the big players who live on 95 percent public money so the whales will manipulate and pump the prices and the herd will follow them and when they had their money they will sell big time to dump it down and keep repeating the same

regards
Balaji
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