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Topic: BTC price decreases and BCH increases sharply, why? - page 2. (Read 466 times)

newbie
Activity: 54
Merit: 0
coinbase Smiley
legendary
Activity: 3080
Merit: 1353
I heard that some core Bitcoin team got out of Bitcoin, is it reason why BTC dump?
while there good news about BCH, and many people think that BCH is slowly replace BTC?

I don't know if there's some kind of truth about some Bitcoin core team leaving. But there are a lot of FUD going around the social media right now. My advise. Don't believed everything you read. They are creating a lot of fake news to swayed to shift to Bitcoin Cash. It's really hard to filter out what's right with all the news coming out in the last couple of days.

I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??

You out of your mind? Why are you selling if the price is going down? You sell when the price is going up not the other way around. Bitcoin peak at $19,000 did you sell or what? Now you are asking if this is the better time to dump your coins? Better just hold on it and let the dust settles and don't panic. How many times do we have to remind people here?

Coinbase opened it's doors to BCash and a bunch of BTC are being exchanged for BCash. This will result in a higher price for

BCash and a lower price for Bitcoin. I just hope people will realize soon that BCash has no chance against a full enabled BTC.

No Crypto currency will be scalable to the level of Bitcoin, once the Lightning Network is enabled.  Wink

Of course, they can overtook Bitcoin, and if this is another attempt from them, they won't be successful. But I admire them for pumping the price to above 70%. But we all know what's coming. A pump like this can't be sustainable. Sooner or later we are all going to see a crash and they will go back to the drawing boards again to plan another attack. Let's see how Lightning Network will help us reduce all this problems that we are facing. Its about time that they should enable it.
legendary
Activity: 1904
Merit: 1074
Coinbase opened it's doors to BCash and a bunch of BTC are being exchanged for BCash. This will result in a higher price for

BCash and a lower price for Bitcoin. I just hope people will realize soon that BCash has no chance against a full enabled BTC.

No Crypto currency will be scalable to the level of Bitcoin, once the Lightning Network is enabled.  Wink
newbie
Activity: 27
Merit: 0
I heard that some core Bitcoin team got out of Bitcoin, is it reason why BTC dump?
while there good news about BCH, and many people think that BCH is slowly replace BTC?
sr. member
Activity: 1848
Merit: 261
20BET - Premium Casino & Sportsbook
In my opinion, it all depends on the pumps they make so there is an increase what has happened, but personally, I never panicked with what has happened from that side so I will get what I want from the pump
newbie
Activity: 35
Merit: 0
Keep your BTC holding! Its just bump and dump again. Coinbase plays it tricky Smiley
member
Activity: 266
Merit: 13
just another pump and dump game, peeps try to make more money, thats all.

Funny thing about the last BCH pump, there was little dump afterwards.  Maybe time to accept reality and get on the BCH boat and straddle both (what an interesting image that conjures?) Grin
member
Activity: 84
Merit: 10
Coinbase is looking into BCH insider trading. I would hold steady for now until this is hashed out.
newbie
Activity: 27
Merit: 0
Well it’s a good moment to invest in BTC I guess.
member
Activity: 420
Merit: 10
Do not sell your BTC now, save it! It's just a very reasonable year-end phenomenon. For now hold up until early next year. Bitcoin prices will return to normal after the new year. But if you want to sell it and buy BCH it's all up to you, I just give advice from experience I've ever experienced.
member
Activity: 98
Merit: 10
It's good time to invest on other good coins.
hero member
Activity: 714
Merit: 500
Apart from the view that the whales are just maneuvering, one reason for bitcoin cash rising could be the people actually are starting to use it more often, due to its benefits over bitcoin.
People are to use alts for transactions, so why not a bitcoin fork, seems more appropriate to use it actually.
Fast transactions, low fees, and huge support and development back up too. 
hero member
Activity: 866
Merit: 1001
I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??
I think that roger ver has got once again active after his one month sleep when bitcoin price quickly rose to $20,000.It seems part 2 of BCH attempt to replace bitcoin.BCH is now being backed by famous peronalities like roger ver,craig wright and jihan wu.All those personalities just point out the network congestion in bitcoin and high transaction fee it has now which makes it hard to use for sending money and they say that bitcoin is now not in the form which satoshi wished.they suggest that BCH would fulfill whatever satoshi expected.
hero member
Activity: 1764
Merit: 584
No, don't sell your BTC. Do try to sell your BCH if you can.

This is more about Coinbase announcing they'd start accepting BCH immediately. I believe the news before was that it would take them up to January to be ready for it. Which they then halted (was selling for as high as $9000).
sr. member
Activity: 756
Merit: 268
I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??
Well for me, it is not that surprising. Most of the coins from forks are getting in mainstream right after the release in the market. It happened to Bitcoin gold and cash which before be more indemand that caused the value of bitcoin to fall. I would suggest you on not to sell Bitcoin but rather wait since for the long run, Bitcoin is way better.
legendary
Activity: 1344
Merit: 1251
Hi,

What you are writing actually makes no sense. If you the current price is lower than the price at which you bought, then it would be stupid to sell. Such panic moves make incredible trends but they should not exist.

Yes, some people are selling. And indeed, after bitcoin prices have skyrocketed, they wish to keep on making profit, thourgh other crypto currencies. If you sell now, you do exactly as they want. And you are not the one becoming rich in the end!

Don't panic. And do as you feel! Wink
hero member
Activity: 2086
Merit: 994
Cats on Mars
I wonder when the whole market dyed red but BCH increased sharply and the price of BTC fell sharply. Shark want everyone sell the BTC to buy BCH, then the shark will harvest the BCH and increase the BTC again.
Should I sell BTC now??
Do not sell your BTC, hold your coins.

What we're seeing right now is the part 2 of the Pump and Dump tactic that we saw back in November (P&D, tx spam, social media FUD), only difference is that the attack today is on larger scale. This time a bigger Bcash supporter, Coinbase, has actually made its move and is causing some major movements in the market. Since b2x on Coinbase didn't go though, Brian Armstrong and his friends have decided to go all-in on bcash.

Expect a bcash pump in the next few hours, followed by a massive dump later today when GDAX begins bcash trading.
member
Activity: 630
Merit: 10
its just an strategy of many price manipulators i guess Smiley dont sell on your bitcoin because its dipping , its just normal here a pump and dump to earn more profit from it Smiley also i dont think its the right time to buy bitcoin cash its pumping if you buy some of it and suddenly go to dip again you will lost your money on it Smiley
member
Activity: 70
Merit: 10
it was probly just the ppl freaking out about btc futures being halted due to SEC. now they are moving funds to bch
also agree with bustedclub

I don't see any news about the BTC futures being halted.
newbie
Activity: 15
Merit: 0
I don't suggest, just wait for lighting network release Smiley
It's good to invest on other good coins BUT BTC is The Whole Story;)

Regards,
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