Topic: BTC is a victim - page 3. (Read 1010 times)

Now BTC has attracted many people to the point that so many people invest in it and it will not be easy to get big profits and we must be prepared to take risks if they fail or succeed.

this is not a victim, but it is intentional to drop the price of bitcoin after BCH has no more fans on the market, yes Hard Fork bch doesn't get big success. so this is what we see
bitcoin is bleeding again just based on FUD from fakestosi

Bitcoin probably has some intrinsic value, we just don’t know what it is yet. What we do know is that unlike oil prices that were partly driven by speculation and partly driven by the utility of oil itself, the market price of Bitcoin is mostly driven by speculation. Bitcoin has no real utility as a currency at the moment because everyone is buying to hoard and it is risky to use as a medium of exchange due to its volatility.

you do realise that cores side put the mandated august 1st date into the event calender.
theres even adam-back tweeting that luke JR and samson mow and others, praising them doing a great job

the blockstream crew were funded by DGC.co.. which are the guys that also paid BLOQ (jgarzic) for the segwit2x
and also DCG.co was the NYA to sway the merchants of the DCG portfolio,
the splits was instigated by these.

all if it was to push segwit in. and to ban nodes that would object to it.
its even wrote in the blockchains.. segwit came first due to segwit drama of accept segwit or "f**k off".. the forks came hours LATER. (check timestamps)
funny part is those on cores side were actually highlighting the forks didnt make a block until hours later.. revealing the forks didn cause it.. but wording it as if the forks didnt have power to make their own fork.. both of which shows the forks didnt cause the split. (the split happened and nodes were left hanging unable to participate.. thus segwit one by excluding part of the community.. only then did the ignored nodes start new blocks HOURS later)

but hey. seems you are now more interested in the reddit script propaganda, rather than real info found in the blockchain itself, the codebases of nodes and the investor information.

whenever i see someone just repeating the reddit scripts of propaganda, i just think, i bet they watch fox news too

as for

thy are not creators. craig and ver are just social faces. their drama is of no significance, its just social stuff
they dont code

It just shows who the true believers of Bitcoin are and the thread is just showing that a lot of people are not part of the ones hodling anymore. A lot of people are really losing hope during this kinds of desperate times, but what I can only offer is that don't be that kind of person who always lose hope when a correction happens. Instead just look at the bigger picture of Bitcoin, where you need to see that this is just a short term downtrend and if you are a believer you won't be affected by the prices that much.

That's right, the bitcoin price drop, we all know it's just a bad price fluctuation on the market and one day the price will rise again, just the good times will increase. I insist that BTC investment is a glorious, rather than a negative victim .

yes core developers ate loyal to BTC this is why they do this !!!

from what i seen through different stuff when in communication with people within the community/ crypto industry
theres alot of VC funding that goes behind the scenes OTC
VC's pay money to miners and set a contract for the VC to receive a planned amount of bitcoin at set times and set amounts. where its all calculated.
(this is where miners mine coins or buy coins if cheaper to buy than mine to fulfill VC contract)

then theres the less structured miners who decide to buy when its cheap on the market or sell on the market depending on profit/cost of mining

then theres separate VC deals where they have to buy coin to pay developers, business investments (november 2017 spike hint hint(which then got over-bought by speculators FOMO'ing))..
and some of these VC had a 12 month HOLD before they can sell.. (november 2018 hint)

then ofcourse theres the movements that occur when new asics or new batch prices and also noticable hashrate changes that occur.

all of this stuff is happening. and its not whales wanting to cause panic. its just market reaction to sudden change.

shouting out $1500.. or craig is responsible. ... now thats the panic/fud at work as it costs nothing to do social drama finger pointing

I think you can judge for yourself and search for some of the news and rumors targeted for bitcoin.
this is manipulation to drop bitcoin at the bottom of the pool, then they can buy it back at a very cheap price.

We can compare it with the traditional fiat system headed and controlled by the government. As we all know that, the government is greedy for the control and every government wants to control maximum things including certain rights of citizens. Even in the case of various forks, the primary motive is to gain control and authority on the operations which leads to disputes. However, the users are smart enough to differentiate between core and non-core fundamentals of cryptocurrency.

bitcoin has always been the target of all kinds of drama. and during each drama there are always some people who are surprised about its existence and try to explain it by connecting it to strange things such as mining farms!

the fact is, this market has always been susceptible to FUD and hype and is always known as a roller coaster. this won't change for as long as the market is small and filled with newcomers while also contains big whales.

I think this would happen even without the manipulation of the BCH forks. Bitcoin has remained too long in the same position and this market is not a table one, it is a volatile one. We should remember this when we do our trades.

I don't know man, maybe this Drama had real impact and maybe this had some impact on peoples emotions, maybe they got scared god knows why!
panic sell + more panic sell = mega dump in markets

Yep, Bitcoin is a victim of Bitcoin Cash fight between BCHSV vs BCHABC. They makes us loss a lot of money because of their hash war. Why don't they think about the impact to the global market especially the Bitcoin? Let's see the upcoming news about this situation.

different perspective to the issue but all the same it is because of money, who gains much profit and am sure we all have to be watchful and careful of these greedy.

Bitcoin cash is all about drama from day one.

And now they decided drama level isn't enough and decided to create biggest drama at all.

Whale Wars want to control the market the way they want, and this battle will continue to affect the entire Cryptocurrency until there are winners. BCH is too difficult to control because of the limited amount of coins so investors can not speculate. It is ridiculous when the war affects those outside the war.

Craig warned publicly through media that if his coin doesn't get sufficient hashrate, he'll then need to buy more power for which he won't hesitate to drop BTC down even under $1000 and the sudden move of BTC from 6200 straight down to 5700 in a matter of hours shook the whole market

Well when I heard the news about BTC cash splitting into bitcoin cash ABC and bitcoin cash sv I was quite happy but for this unreasonable war of supremacy I think this would not be help for to the both coins

What is happening between BCHSV and BCHABC is not the cause of what is taking place in the crypto bearish marketplace. It is just a coincidence that things are happening at the time of  BCH fork. I do not think BCH fork has the power to affect bitcoin this way.