Bitcoin under attack. - page 2. | Bitcointalksearch.org

partsofgarble

newbie

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Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

It's normal it's price fluctation, remember it went from around 1.5k to 18K in less than a whole year.
The only way bitcoin is underattack is by making quantum computers to hash private keys.

Drnice

sr. member

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If you keep up with the news and articles written about bitcoin then you can't desist from panic. Bitcoin is not under any attack, the price on fell and which will rise when the time for it to rise comes. It has been rising and will continue to. BCH has been added to coinbase and this might be a reason for this drop in price of bitcoin.

exstasie

legendary

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Quote from: Denker on December 20, 2017, 10:13:34 AM

Quote from: Lukas Tarantas on December 20, 2017, 04:26:27 AM

But Bitcoin Cash grew overnight by one and a half times. Do you think this is just a coincidence? No, it's a conspiracy to speculate. First, information preparation, articles in the press, and then selling bitcoins and buying fork.

Who gives a damn about Bcash?!!

Apparently Crypto Twitter does. My feed is an utter salt mine full of bitter people who obviously sold their Bcash much lower and now see Coinbase as their mortal enemy for listing it. The idea that Bcash could overtake Bitcoin in the long term is hilarious to me. I simply don't see what all the fuss is about. I trade altcoins for doubles and triples all the time. Who cares?

And now we're seeing a renewed push to change POW with a hard fork. This kind of irrational hysteria around altcoins doesn't help.

Quote from: Denker on December 20, 2017, 10:13:34 AM

The insider trading and manipulation is more than obvious. Coinbase is biased as hell and showed in the past plenty of times how ANTI Bitcoin they are and how much they promoting Ethereum and any contentious Bitcoin fork.
There will be investigations as Coinbase is tied to certain rules for being an BTC Index data provider for CME BTC futures.

I doubt we'll see any regulatory fallout from this.

YuginKadoya

legendary

Activity: 3038

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Quote from: BitcoinGirl.Club on December 20, 2017, 08:31:24 AM

Bitcoin is always under attack from all interested parties... be it the media, some financial analyst, noble prize winner or maybe some crypto enthusiasts who are just trying to drive traffic away from bitcoin by denting its name,or speculation of a new coin and how much support its receiving usually results in a dip with bitcoin, which is normal in the world of cryptos.

Or giving FUD out of the minds of people that are investing in bitcoin or onto bitcoin, They want to manipulate the minds of certain people and a usual way to do this is to attack bitcoin from the outside, and they think that this could bring bitcoin down, And I think that the pump on other coins are not possible if not for bitcoin.

rodalutor

full member

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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

Bitcoin is under attack because of FUD surrounding transaction cost and speed, couple that with bitcoin cash growth on news of listing on coinbase and being accepted by others. Bitcoin is always under attack from something but it comes out the other side, a 10% drop isn't really anything of great significance and it will be made up in a day or two once confidence is restored. Still expecting 20k+ by new years.

Torque

legendary

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Repeat after me:

Wallstreet wants your bitcoins. HODL.
Wallstreet wants your bitcoins. HODL.
Wallstreet wants your bitcoins. HODL.
Wallstreet wants your bitcoins. HODL.
Wallstreet wants your bitcoins. HODL.

devcracker

jr. member

Activity: 53

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Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

As we all know bitcoin is uncontrolled and it's value rises and falls unexpectedly in no time. So, it's not right to say that bitcoin is under attack because bitcoin is circular. For example, if today it's value is decreasing by some mean then it doesn't really mean that it is under attack, it will rise the very next day unconditionally. Rise and Fall are part of every business so it's better to ignore the fake news and concentrate over the right path. It will save your time and keeps you relax.

CryptoCherry

newbie

Activity: 18

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Yeah I read all day about the financial pros and bank owners saying it's a bubble and it's dangerous it can crash any day. They are just scared because Bitcoin will take over banks and they will end up bankrupt..

Media is always trying to push down Bitcoin sadly and people will sell and when people sell all others see that Bitcoin is going down in price therefore more people panic sell :/

Denker

legendary

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Quote from: Lukas Tarantas on December 20, 2017, 04:26:27 AM

But Bitcoin Cash grew overnight by one and a half times. Do you think this is just a coincidence? No, it's a conspiracy to speculate. First, information preparation, articles in the press, and then selling bitcoins and buying fork.

Who gives a damn about Bcash?!!
The insider trading and manipulation is more than obvious. Coinbase is biased as hell and showed in the past plenty of times how ANTI Bitcoin they are and how much they promoting Ethereum and any contentious Bitcoin fork.
There will be investigations as Coinbase is tied to certain rules for being an BTC Index data provider for CME BTC futures.

BitcoinGirl.Club

legendary

Activity: 2800

Merit: 2736

Farewell LEO: o_e_l_e_o

Bitcoin is always under attack from all interested parties... be it the media, some financial analyst, noble prize winner or maybe some crypto enthusiasts who are just trying to drive traffic away from bitcoin by denting its name,or speculation of a new coin and how much support its receiving usually results in a dip with bitcoin, which is normal in the world of cryptos.

VuLDK

member

Activity: 284

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Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

I think bitcoin price will be increase

dihari

hero member

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Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

Relax. It's only 13%. And also you forget about it's extreme volatility. I just don't understand what kind of attacks you want to explain, it will be good if you give us the links of articles you have read.
I see so many coin get down more than 13% a day, and it's normal. It's just a market correction.

Lukas Tarantas

member

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But Bitcoin Cash grew overnight by one and a half times. Do you think this is just a coincidence? No, it's a conspiracy to speculate. First, information preparation, articles in the press, and then selling bitcoins and buying fork.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

13% is nothing in Bitcoin land. I'm starting to think we need a good 50% correction just to put the scare into some newbies. A little "welcome to Bitcoin" move. I see that masterluc is still calling for a major correction, so we just might get it.

As for an attack? Well, there seems to be a spam attack going on considering how fast congestion has occurred during the past few weeks. The hash rate also dropped by ~ 3,000,000,000 GH/s after the difficulty retarget, so block generation time has increased to ~ 14 minutes. This seems like a coordinated attack to increase fees and cause frustration and confusion for bitcoin investors. I'm guessing it has to do with Bcash....

nidacoinlove

sr. member

Activity: 588

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Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

There is nothing strange in it, bitcoin users are used to with all the attacks and criticism on various forums. The reason why it is getting hype this time is a lot of new comers are in who want to earn rapidly to double their investment in no time. I think the recent dip was good for the new comers to become use to with the bitcoin nature.

Ararbermas

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Quote from: Krishan_94 on December 20, 2017, 02:29:14 AM

Bitcoin never became under attack.. Every time it collapsed , it risen back more strongly.. Its unstoppable now.. Enjoy and be a billionaire from btc..

yeah that's right maybe bitcoin is gaining more strength to jump new value again and i think in this scenario bitcoin making a new correction again like what happened before which is bitcoin drop but after 3 days it risen back more strongly. That's why i never sell cause i have doubts that it will continue to surge again and again even it fall sometimes.

suvo05

sr. member

Activity: 1162

Merit: 260

Actually bitcoin is not under attack but our feared, panic brain is under attack by the rumours. Each time a rumour spread a lot of bitcoin holders ended up selling their bitcoin . The price drop seems to normal to me some of the investment is going towards the BCH and there is a little price correction for BTC

TERA2

full member

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Deb Rah Von Doom

The price has been going down as a continuation of a 4 day movement due it failing to rally past $20k and then breaking the 3 week established uptrend line, so its time to take profit. Dont blame it all on coinbase. I mentioned my stop loss in the mid 18000-s days ago and I'm sure all the other saavy traders did the same.

mace15

hero member

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Quote from: Krishan_94 on December 20, 2017, 02:29:14 AM

Bitcoin never became under attack.. Every time it collapsed , it risen back more strongly.. Its unstoppable now.. Enjoy and be a billionaire from btc..

I believe it so, bitcoin always happen to pump and dump. It is so happen that bitcoin price so huge that correction is normal. As I can observe on bitcoin we will see the time to rise its value again.

ashler

jr. member

Activity: 51

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Quote from: Idrisu on December 20, 2017, 01:37:05 AM

I was going through news and articles on reddit and I find out that people are saying bitcoin is under attack and there was no any useful information about this! Please is bitcoin under attack as it has fall below $16,000 and loss over 13% in just 24 hour.

what attack? the price went down because bcash was enabled in coinbase.

Topic: Bitcoin under attack. - page 2. (Read 598 times)