BTC Dump - BCH Pump + 45% | Bitcointalksearch.org

johnwest

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Quote from: dillpicklechips on November 11, 2017, 05:37:02 AM

Quote from: N0ssi on November 11, 2017, 05:08:11 AM

That's why BCH rises:

https://cointelegraph.com/news/bitcoin-classic-shuts-down-as-staff-claim-bitcoin-cash-will-rule-in-6-months

OP should read recent news and updates like this. He should have had foreseen this. One of essential things of being an effective trader is to fill yourself with the trends. Anyway, BCH is a bit scary so when you purchase some then you should know when is the right time to pump before someone dumps it.

Its hard to know whether some community is backing up BCH or someone is pumping. We need to be updated with all the news to keep yourself in the trading race.

dillpicklechips

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Quote from: N0ssi on November 11, 2017, 05:08:11 AM

That's why BCH rises:

https://cointelegraph.com/news/bitcoin-classic-shuts-down-as-staff-claim-bitcoin-cash-will-rule-in-6-months

OP should read recent news and updates like this. He should have had foreseen this. One of essential things of being an effective trader is to fill yourself with the trends. Anyway, BCH is a bit scary so when you purchase some then you should know when is the right time to pump before someone dumps it.

khufuking

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Can not wait to see the look on the face of some people when they see that BCC move is just a pump dump move like any other altcoin . Infact it waas perfect time to do this pump . News about SX2 canceled , Normally BTC will retreat as people stop buying BTC ( No more free money from fork ) , People that unaware of what is really going on see BCC rise and BTC dumped ( Oh bcc is gaining vs btc ) and will be miss lead to buy into bcc . It is just was perfect move . There is really no reason to this pump , SX2 is closer to BTC than it is to BCC . Now wait and watch the dump .

N0ssi

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That's why BCH rises:

https://cointelegraph.com/news/bitcoin-classic-shuts-down-as-staff-claim-bitcoin-cash-will-rule-in-6-months

Pursuer

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Quote from: CryptGuardian on November 10, 2017, 03:15:31 PM

How come? Should i trade for Bitcoin Cash?
Didn'(t see that coming but proberly cause of X2 cancellation
Man wished i did trade it today instead of 10% loss on BTC I could off had 40% increase..
What to do??

it was the easiest speculation so far and it was the most expected also! how did you miss that?

everyone was expecting bitcoin cash to get pumped the closer we got to SegWit2x date (mid November) and that expectation alone was enough for the first part of the pump and then as others became sure that speculation was true they jumped in and also the pumpers started their pump by then. hence the big pump you are seeing now.

Quote

Would have been great if I did these conversions the last 2 days (but didn't)
BTC > Litecoin > ETH > BCH > Fiat
Wait for BTC to dump and buy again

that is how the market is always going to be when you don't pay attention to the details. you always miss out on the rises. and your route is a big mistake too. you are choosing two useless steps in the middle (LTC and ETH) neither of these did any good. they had some little dead cat bounce and now they are going down again.

when participating in pumped altcoins you go directly from BTC to that pumped ALT and then you dump that ALT for BTC when it reaches its bottom not back to fiat!

legendbtc

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Quote from: Kunlejoe0 on November 11, 2017, 12:53:08 AM

Bch can never be bitcoin. Itay pump and has it's value and all that, but how many people are using bch as currency. Bch is only feed on bitcoin popularity and in nearest future it's going to fizzle out like the rest of copycat

Exactly, nobody is waiting for BCH price. People are bothering about the Bitcoin price and when it will reach to 10000$ mark. Right now BCH is pumping but soon the price will dump again to 600$ mark.

KuromaYoichi

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Quote from: CryptGuardian on November 10, 2017, 03:15:31 PM

How come? Should i trade for Bitcoin Cash?
Didn'(t see that coming but proberly cause of X2 cancellation
Man wished i did trade it today instead of 10% loss on BTC I could off had 40% increase..
What to do??

Would have been great if I did these conversions the last 2 days (but didn't)
BTC > Litecoin > ETH > BCH > Fiat
Wait for BTC to dump and buy again

I think that's because a lot of BCH holder sell their BCH for bitcoin in order to get the X2 coin, but because they cancelled the segwit 2x fork, they are going back to BCH because BCH offer that bigger block similiar to 2x. In the long run, the majority support will still on bitcoin so it's the best to stay in bitcoin, this is just a correction for that meteoric rise we have before.

DaMut

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people claimed that BCH is much more better than Bitcoin ?
because the block size is higher than Bitcoin ? only because of that it would not make it even better.
the reason why would they 'suspended' it due to Bitcoin supporter/community.
if you ever do your own research you will see that a lot of people cons and pros with it.
what will happen if they keep forcing it ? we should see a chaos in cryptocurrency.
increasing the block indeed is a crucial thing,it's just matter of time when everybody try to accept it and with that there'll be no more fight between one and another like we did a few days ago when we're facing the segwit2x.

Bitcoin dump due to their cut lose position,
how about BCH pump related to Bitcoin in other way ? like they're accumulating money from BCH.
in order to push Bitcoin price ?
why they did not take their profit from this BTC bullrun and then start the pump again ?
because of the cancelation of Segwit2x,many people felt secure about it and of course if the price is dumping.
it would lead the price to the place called 'chaos'.
so if i was you,i would not buy BCH for a long investment.

shan05

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Yes. Was even surprised that large amount was missing on my wallet. Bitcoin really dumps. But i believe it will not go long. After such a while, it will fo u again. Best time for us to invest. We will make great profit to this.

wantjokull

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I think thats not wise now to sell your bitcoin because you could insure big loss by doing so. Before converting to multi coins think twice and give bitcoin to pop some rates again. I mean try to get little less loss if the bitcoin price is not getting upto the mark. Then yes you can buy again once the currency is down below to lowest mark this time. That would be great point for investing because we now know that bitcoin market can reach the 7K rate easily. This time when the segwit2x will be announced again then the prices are going to be wild because people know this time it is fro sure beneficial. Im waiting for this scenario to happen within next month or so.

shamzblueworld

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Its quite interesting that due to segwit cancellation, only bitcoin cash is getting majority support(investment) hence the value rise. Almost all other altcoins are also suffering, which is a surprise to say the least.
But its good that I've been holding my BCH till yet, I think its wise to keep em holding too.

atronax

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It's likely another fomo case to take some profits away from the beginners. Great opportunity to lose some redundant money. Grin

Kunlejoe0

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Bch can never be bitcoin. Itay pump and has it's value and all that, but how many people are using bch as currency. Bch is only feed on bitcoin popularity and in nearest future it's going to fizzle out like the rest of copycat

peter0425

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Quote from: xianbits on November 11, 2017, 12:03:13 AM

For sure there will also be a correction in BCH soon. Everyone wants BTC, some just shifted to BCH to join the ride about the effect of B2X cancellation but surely, they will still go back to where the come from, the BTC.

It will definitely get a correction. We all know that Jihan and company are just pumping their coin. They want to flex some muscle in the community and try to show that they can do and bitcoin cash in the real "bitcoin". However, I felt bad for some traders who are swayed by them. Because sooner or later they dump this coin and if you sleeping during that time, its gonna be a rude awakening for you. Its now getting closer to $1K, but I'm expecting that the dump will come sooner as expected.

xianbits

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For sure there will also be a correction in BCH soon. Everyone wants BTC, some just shifted to BCH to join the ride about the effect of B2X cancellation but surely, they will still go back to where the come from, the BTC.

cryptoalfs76

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Quote from: CryptGuardian on November 10, 2017, 03:15:31 PM

How come? Should i trade for Bitcoin Cash?
Didn'(t see that coming but proberly cause of X2 cancellation
Man wished i did trade it today instead of 10% loss on BTC I could off had 40% increase..
What to do??

Would have been great if I did these conversions the last 2 days (but didn't)
BTC > Litecoin > ETH > BCH > Fiat
Wait for BTC to dump and buy again

Will, thats the reality,the bitcoin price is volatile and we cannot predict the right timing of when the proper time you trade or invest,for as of now its better to hold your bitcoin and wait the time to buy less coins and sell high by following the basic fundamental analysis.

salahfycl

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bitcoin will be on top the price of bitcoin will increase again Some expect Bitcoin cash to reach $ 1,000 but I think coming on Sunday will stand up and fix the price

eaLiTy

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Quote from: Washball on November 10, 2017, 04:30:27 PM

Yes, today Bitcoin cash went up 40%, but there's no food reason why. It could be because of the S2x cancellation and Bitcoin going down, but that would have caused other altcoins to increase in value, rather than Bitcoin cash. But anyway, btc dump is for just a short while.

The proposed fork was about bigger blocks and bitcoin cash supports big blocks and when they canceled their plan on going forward with the fork,the people who were interested in bigger blocks started pumping the price by investing heavily in it and expect a correction in the price of bitcoin as we were seeing a rally for a very long time and this is the perfect time to see a good correction. Wink

carriebee

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Quote from: Question123 on November 10, 2017, 06:24:32 PM

As of now the price of hitcoin decreasing and bitcoincash increasing but for sure the price of bitcoin will increase again or it will recover again. If you compared the price of bitcoin last few years from now its very big difference so even the price dump its still very high and that's normal exepriencing coin decreasing. But we dont know what is the potential of bitcoincash maybe it will decrease again after few days or it will continue to increase.

Bitcoin cash somehow increase but I think the position is temporary that still bitcoin will be on top and skyrocket its price. Yes if we analyze the situation bitcoin has come so far because the price before was cheap than the current price now. Still bitcoin will be high again in the upcoming months.

Question123

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As of now the price of hitcoin decreasing and bitcoincash increasing but for sure the price of bitcoin will increase again or it will recover again. If you compared the price of bitcoin last few years from now its very big difference so even the price dump its still very high and that's normal exepriencing coin decreasing. But we dont know what is the potential of bitcoincash maybe it will decrease again after few days or it will continue to increase.

WhyFhy

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Bitmain Has antminer s9 and l3+ in stock and are only accepting BCH as payment . This could be a driving factor or just a contributing factor.

My 2 cents for what its worth.

PokerDiceMan

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Quote from: CryptGuardian on November 10, 2017, 03:15:31 PM

How come? Should i trade for Bitcoin Cash?
Didn'(t see that coming but proberly cause of X2 cancellation
Man wished i did trade it today instead of 10% loss on BTC I could off had 40% increase..
What to do??

Would have been great if I did these conversions the last 2 days (but didn't)
BTC > Litecoin > ETH > BCH > Fiat
Wait for BTC to dump and buy again

altcoin can incraese high if bitcoin price down, not only BCH or youre write this thread
you can read statistic in coinmarketcap majority all altcoin incraese price

Taras

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Finally, my chance to get out of BCH. I meant to sell them back when they were .2 BTC each but I couldn't get to my cold storage in time.

WSDN

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There is a panic sell in the market. Look, most BTC and altcoins are falling down. What happen? I really don't know but it is a suitable time to invest.

rodalutor

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Quote from: CryptGuardian on November 10, 2017, 03:15:31 PM

How come? Should i trade for Bitcoin Cash?
Didn'(t see that coming but proberly cause of X2 cancellation
Man wished i did trade it today instead of 10% loss on BTC I could off had 40% increase..
What to do??

Would have been great if I did these conversions the last 2 days (but didn't)
BTC > Litecoin > ETH > BCH > Fiat
Wait for BTC to dump and buy again

People are fearing for bitcoins future somewhat without the segwit2x solutions to scalability issues, so they're moving in to bitcoin cash as it doesn't yet face such as issues due to less usage, at least that's my guesses on the matter.

(Melania)

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Yeah they are dumping Bitcoin to buy more Bitcoin cash, they are not buying Bitcoin cash directly with fiat, that is something to think about.

alishawaiz

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Its not only bitcoin cash.but almost all the coins are pumping after the news of 2x cancelation. I think its because money is flowing back into alts thats why they are pumping had now.

milindabandara

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Quote from: Shishir99 on November 10, 2017, 04:20:06 PM

Bitcoin cash is going crazy because of segwit2x cancelation.
And other than that bitcoin cash owner has announced on twitter he will give 1$ worth of bitcoin cash to everyone for testing.
He claimed that bitcoin cash is far better than bitcoin and it will replace bitcoin.

Can you please provide the source you are referring to?

milindabandara

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What would be the bitcoin stable point.
Waiting to buy more BTCs for my bag

Can anyone predict the last point of this dip?

taeewo

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We already foresee this due to the cancellation of segwitx2...

Washball

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Yes, today Bitcoin cash went up 40%, but there's no food reason why. It could be because of the S2x cancellation and Bitcoin going down, but that would have caused other altcoins to increase in value, rather than Bitcoin cash. But anyway, btc dump is for just a short while.

Shishir99

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Bitcoin cash is going crazy because of segwit2x cancelation.
And other than that bitcoin cash owner has announced on twitter he will give 1$ worth of bitcoin cash to everyone for testing.
He claimed that bitcoin cash is far better than bitcoin and it will replace bitcoin.

NutMasterTardd

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Somepoint over the next few days BCH is going to dump really hard, and a lot of angry traders are going to be bitching like always. BTC was overdue a correction anyway even if segwit2x isn't going ahead, this will be good for BTC in the long run probably, no idea where the bottom will be though or the top for BCH for that matter.

flowpify

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It may be because BCH is the closest to what Btc would have been if the fork would have went through since the block size is much higher. Maybe the people that believed in the fork went for it. I don't know if it's interesting buying BCH now since it went up so much, it may go a little bit down to correct itself.
I'm doing the same, waiting for BTC to keep going down so I can buy more

CryptGuardian

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How come? Should i trade for Bitcoin Cash?
Didn'(t see that coming but proberly cause of X2 cancellation
Man wished i did trade it today instead of 10% loss on BTC I could off had 40% increase..
What to do??

Would have been great if I did these conversions the last 2 days (but didn't)
BTC > Litecoin > ETH > BCH > Fiat
Wait for BTC to dump and buy again

Topic: BTC Dump - BCH Pump + 45% (Read 987 times)