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Topic: Bitcoin Under Attack Stay Strong - page 2. (Read 2058 times)

legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
November 12, 2017, 10:24:25 AM
#46
I hope this attack will finish soon, i believe in bitcoin but if the price will go down 5k i will start panicking.
Maybe this attack will make bitcoin stronger then before, who knows! at the meantime, the community have to figure out a way to stop such attacks in the future.
Anyway, i think it is a good opportunity for traders to make extra profit, a trader should know what to do even in bad situations.
legendary
Activity: 1568
Merit: 1002
November 12, 2017, 07:34:40 AM
#45
After sigwit2x cancelled, it was expected that BCH will be the first priority for people looking for their money to invest. Bitcoin will be back up soon as this BCH pump goes down.
Please give me a link for the news (about sigwit2x cancelled). This is really beyond my scenario and the news is very surprising to me. But bitcoin will remain strong despite a lot of pressure with bitcoin.
member
Activity: 126
Merit: 12
hero member
Activity: 560
Merit: 500
November 12, 2017, 05:41:04 AM
#43
After sigwit2x cancelled, it was expected that BCH will be the first priority for people looking for their money to invest. Bitcoin will be back up soon as this BCH pump goes down.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 12, 2017, 03:49:15 AM
#42
Why is everyone against bitcoin cash? Is it only because you hold bitcoin?

because it is harming bitcoin. you don't see people go around and say how they hate XYZ coin when they get pumped! that is because any other altcoin getting pumped just means that altcoin getting pumped and some traders shift and enjoy the profit.
but when bitcoin cash gets pumped that means hashrate travels from bitcoin to bitcoin cash and when hashrate drops on bitcoin network it leads to slower network so to speak. blocks are found slower and that leads to this huge back log and then the higher fees.

all damages caused by bitcoin cash. you can see be fore the BCH pump bitcoin was fine, no back log, empty mempool and extremely low fees!
full member
Activity: 124
Merit: 100
November 12, 2017, 03:44:40 AM
#41
Why is everyone against bitcoin cash? Is it only because you hold bitcoin?

Don't you think it's good to have bigger blocks and faster transactions? Makes bitcoin currencies more mainstream

All I know is that it detracts from and competes with bitcoin.  The publicity from this attack can only be bad for the price of whichever coin ends up on top.

It's a real concerted attack, with miners deserting BTC and the BCH price being being pumped at the same time.  Is there also a flood of BTC transactions happening at the same time?

I can't sell my BCH because I want to move my BTC off the same addresses first, and transactions aren't being confirmed fast enough.  Currently 46 minutes since the last block.
newbie
Activity: 30
Merit: 0
November 12, 2017, 03:25:27 AM
#40
Why is everyone against bitcoin cash? Is it only because you hold bitcoin?

Don't you think it's good to have bigger blocks and faster transactions? Makes bitcoin currencies more mainstream
sr. member
Activity: 462
Merit: 250
November 12, 2017, 03:23:09 AM
#39
to those bitcoin holders, we need to stay strong on holding our balls, it doesn't mean that bitcoin will die just to believe on bitcoin and it will raise again after few days. think positive.
member
Activity: 140
Merit: 12
November 12, 2017, 03:14:53 AM
#38
Too late, I sold all my btc a few hours before the announcement. I was really lucky. I had planned to exit BTC for the Segwit2X fork. I knew it was going to be messy. I moved my money to BCH. Now it has more than doublet. I'm not complaining.

Hmmm let see if your BCH are still double come on Monday...best of luck !
full member
Activity: 378
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
November 12, 2017, 03:08:02 AM
#37
Price of Bitcoin Cash is going upper and upper! The reason is that Roger Ver is selling ~130k BTC and pump BCC in this way!
Dont buy BCC! It will fall down soon!
hero member
Activity: 2604
Merit: 816
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November 12, 2017, 03:02:35 AM
#36
I wish bitcoin will recover the price and will be stay at the top of all coins. although bitcoin is getting attack but I am sure that bitcoin can pass this and will be increase again soon. but I am surprise that bitcoin cash can reach more than $2xxx for the highest price and fortunately I can make a little profit from buying and selling bitcoin cash so I am waiting bitcoin price is increase again so I can make another profit from bitcoin too.
member
Activity: 106
Merit: 10
"The Best ICO with Best ROI:: Cube"
November 12, 2017, 02:27:06 AM
#35
This is unexpected that BTC is falling and BCH has surged a lot. I always thought BTC is a good investment option as compared to BCH but this sudden surge in BCH valuations makes me thinking if it is a good idea to also start investing in BCH. Is it possible that BCH can reach parity or pass BTC?
member
Activity: 140
Merit: 12
November 12, 2017, 02:20:07 AM
#34
these koreans trying there best to pump BCH.

Do Not Sell BTC, and avoid doing transition for few hours


good luck for solo miners





Give Me Your TXN ID i may be able to accelerate it

Then again the attackers could be from anywhere: China, US, Russia...they could be using the VPN with fake IP addresses...
member
Activity: 140
Merit: 12
November 12, 2017, 02:03:06 AM
#33
Care to explain what is actually here? It seems to me that there is some sort of a silent panic happening all over the Bitcoin holders worldwide. Some are listening to the FUD that Bitcoin is about to die and be replaced by Bitcoin Cash soon...how true can that be? This is one of the most uncomfortable times to be in cryptocurrency where people in the same industry are killing each other...oh I forgot it is all about greed and opportunism...we are still dogs anyway!

I'm not an expert- but here's what I know (quick explanation) - if I say something not perfectly correct please do not get on my ass - I'm just trying to help :

The blockchain will get validated by the nodes (miners).  

As soon as you have a majority of nodes ( 51%) confirm (approved) it would become the longest chain - then it become legitimate.  

Right now the majority of the miners are for Segwit 2x so they will confirm any bogus blockchain that coming their way...thus tons of blockchain could potentially be illegitimate (fake).
full member
Activity: 154
Merit: 111
November 12, 2017, 01:55:36 AM
#32
I still believe that bitcoin price will still recover and will increase again that's why I'm still holding on my bitcoin. I think this attack will not become successful because bitcoin is strong and can handle this kind of attack and this will not last for days. If you would not hold your bitcoins then you will have loss already.
member
Activity: 434
Merit: 10
November 12, 2017, 01:37:24 AM
#31
Am not panic on this issue cause i know it will be corrected,and for sure Bitcoin can not  be easily destroy.This all about greed and is not health for  a platform fighting against each other.
sr. member
Activity: 519
Merit: 250
November 12, 2017, 01:33:06 AM
#30
The SegWit2X resources is at work here. Pump Bitcoin Cash... Spam the BTC network.... Shift a lot of hashing power to

Bitcoin Cash mining and tell everyone that BTC is shit and Bitcoin Cash is much better. We have seen this strategy several

times before. Once the competitor coin reach a high price.... sell sell sell and take profit. Then rinse and repeat with another

coin that were bought cheap before a pump.  Wink

That Bitcoin and Altcoin are a tool for Business? Yes! that should they do. Pump and let the value drop then pump again.
So what we gonna do? Is it a good idea if we're going to sell our Bitcoin now and half of the profits will going to invest to Bitcoin Cash? I guess I'll take this as a river flow opportunity.
sr. member
Activity: 519
Merit: 250
November 12, 2017, 01:29:33 AM
#29
This will make confusions to the majority Bitcoin owners today. Of course we all are concerned with our assets that hopes it will turn $10k from $2k but it seems another group of Big Whales are now again manipulating another Cryptocurrency Bitcoin Cash is pumping. Hopefully Bitcoin will stay the highest values cryptocurrency.
sr. member
Activity: 672
Merit: 251
November 12, 2017, 01:25:41 AM
#28
No logic for Bitcoin cash to rise now. BTC its a store of value and if we want a new Bitcoin visa there are tons of other alts that can do it. Xtrabytes has 10000 tps....so who the hell cares about Bitcoin Cash?
legendary
Activity: 1904
Merit: 1074
November 12, 2017, 01:21:19 AM
#27
The SegWit2X resources is at work here. Pump Bitcoin Cash... Spam the BTC network.... Shift a lot of hashing power to

Bitcoin Cash mining and tell everyone that BTC is shit and Bitcoin Cash is much better. We have seen this strategy several

times before. Once the competitor coin reach a high price.... sell sell sell and take profit. Then rinse and repeat with another

coin that were bought cheap before a pump.  Wink
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