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Topic: Did Bitcoin SV caused mid november bitcoin collapse? (Read 449 times)

newbie
Activity: 28
Merit: 0
nobody should buy these coins , they fucket ith the market , let them pump themselves
member
Activity: 294
Merit: 10
Fast, Smart, Trustworthy
This is only a short-term impact. When the SV and ABC wars fade, the funds will once again enter the bitcoin market. This is what we are seeing now, the market has started to rise from the bottom, and this is not like a trap. It may be the beginning of the bull market, we need to seize this opportunity to buy more bitcoin at this cheap price.
legendary
Activity: 4410
Merit: 4788
so the more you mention it the worse it gets toward what you actually want. which is for it to fizzle out.
so stop talking about it.

He said without a hint of irony.   Roll Eyes

As if you're in any position to offer that advice.   Cheesy

Best franky1 post ever.   Cheesy

the topic creator was talking about how a website is indexing crapcoins based on how popular the coins name is mentioned

my opinions are not being indexed and monitised into a basket of crapcoins
thus no irony regarding me mentioning a certain thing, as me mentioning it has no impact . its just discussion. its just chat.
if you dont like discussion then hit the ignore button. or dont look out for certain topics that are against your beliefs

oh and if you actually stopped poking the bear. then you wont get bit by the same bear
learn that simple analogy.
if you dont like bears biting in a certain way. dont poke them,

again if you dont poke you wont have to hear the same answers.
its that simple

but have a good day.
sr. member
Activity: 1470
Merit: 325
with the socalled decentralised ones like bitcoin the mission is the installatin of computation power,
Since when was computation power the mission? The computation power is a requirement to make the blockchain secure and to make it work in general. The mission is to have a decentralized money/store of value.

the dictatorship of the so called "firstmovers" wont last long especially since they put so many unresistable natural curses on themselves.
You need to lookup the definition of "dictatorship". Bitcoin having the first mover advantage is nothing but a branding advantage.

the index, fixation its broken, just look at ripple or bitcoin sv, how did they got there, its proof that the market defines itselves by few individuals adding the so called big token into it.

it is simply to asymetric.

i said multiple times the way how we have to proceed, first become organic again, and then put a layer of standardised! engineering foundations (neutral form of banks) over the worlds economy,

its the logical way, but there is still no seriousness to follow that path you still think its going to continue this way and you still have not suffered enough

in the long term though, i am pretty sure that under current conditions the cryptomarket will become a laughed at burning dumpster.

you will lose all your support because you just create new forks and sell them the speculators, thats no capitalism for a civilisation thats simply capitalism for a market nothing else

this was my post nr. 5000

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
with the socalled decentralised ones like bitcoin the mission is the installatin of computation power,
Since when was computation power the mission? The computation power is a requirement to make the blockchain secure and to make it work in general. The mission is to have a decentralized money/store of value.

the dictatorship of the so called "firstmovers" wont last long especially since they put so many unresistable natural curses on themselves.
You need to lookup the definition of "dictatorship". Bitcoin having the first mover advantage is nothing but a branding advantage.
sr. member
Activity: 1470
Merit: 325
ripples core is its high marketcap, (bribed into index) and the company behind it.

i think we need a new index, calling it something like "liberty index" or "freedom index" to start all over, so new cryptostartups have a chance, that actually want to work with the environment and not just place trash into the market for speculators..

with the current market failing i think it becomes time to create such a market.

So you think a cryptocurrency's core being the "marketcap" is a good thing? Do you even know how much percentage XRP the developers are holding? Marketcap is a very bad statistic to use especially when talking about centralized cryptocurrencies.

Also, failing what? A market being bearish is not synonymous to a "failing" market.

ohm jes ripple is centralised, but much bigger problem its not guiding a mission, ripples sole goal is the enrichment of the founders,

with the socalled decentralised ones like bitcoin the mission is the installatin of computation power,

i think our future is the way i go

-> engineering foundations, running currencies and guide/manage economic generativity, its actually the natural one.

although i am working on this since a while i have still issues establishing this concept.

the dictatorship of the so called "firstmovers" wont last long especially since they put so many unresistable natural curses on themselves.

regards
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
ripples core is its high marketcap, (bribed into index) and the company behind it.

i think we need a new index, calling it something like "liberty index" or "freedom index" to start all over, so new cryptostartups have a chance, that actually want to work with the environment and not just place trash into the market for speculators..

with the current market failing i think it becomes time to create such a market.

So you think a cryptocurrency's core being the "marketcap" is a good thing? Do you even know how much percentage XRP the developers are holding? Marketcap is a very bad statistic to use especially when talking about centralized cryptocurrencies.

Also, failing what? A market being bearish is not synonymous to a "failing" market.
sr. member
Activity: 1470
Merit: 325
so the more you mention it the worse it gets toward what you actually want. which is for it to fizzle out.
so stop talking about it.

He said without a hint of irony.   Roll Eyes

As if you're in any position to offer that advice.   Cheesy

Best franky1 post ever.   Cheesy



i bet everything on complete market collapse, the market that has been created will become a big garbage bag. only idiots will bring their savings to it and it will become a big casino for idiots.
sr. member
Activity: 1470
Merit: 325
you guys will fail, you dont create substance, you simply try to cash out stupid speculators...
...
the fact that ripple will soon become rank 1 cryptocurrency in their index (after bitcoin collapse)...

Damn, all this knowledge, we should just shut up and let the wise guys talk their shit.  Grin

If you really think ripple will become rank 1 let me tell you something, that coin doesn't even have a core, try to download it and run your own node, guess what, you cant!, so, how a shitty coin like ripple will become a rank 1? and after bitcoin collapse, that will happen only in your dreams bro. Sorry for the bad news. Sometimes the truth hurts.

ripples core is its high marketcap, (bribed into index) and the company behind it.

i think we need a new index, calling it something like "liberty index" or "freedom index" to start all over, so new cryptostartups have a chance, that actually want to work with the environment and not just place trash into the market for speculators..

with the current market failing i think it becomes time to create such a market.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
so the more you mention it the worse it gets toward what you actually want. which is for it to fizzle out.
so stop talking about it.

He said without a hint of irony.   Roll Eyes

As if you're in any position to offer that advice.   Cheesy

Best franky1 post ever.   Cheesy

legendary
Activity: 4410
Merit: 4788
It's possible that the split added fuel to the fire of our downtrend. [altcoins] supporters were holding a lot of Bitcoins before the split and if they wanted to pump their own coins they could sell some of that and buy the coins that they were supporting. Craig Wright at least was vocal about it and he probably sold some to pay for [altcoins] mining.

[altcoins] =removed reference to certain coin names to not let the topics point of a certain index finding references of certain coins being speculated more than usual in topics

anyways
there was no volume of arbitrages of markets. or correlation to show any trend that the bitcoin price downfall was due to the altcoins.

there is a correlation that the mining hashrate decline in october due to selling off old S9's before new S15's took over on some pools

there is correlation that the mining hashrate decline in october played out a mining:market dynamic of decline in november.
there is correlation that the a buy up of coins in novmber and a sell off of coins in november 2018 had an impact
hero member
Activity: 2184
Merit: 531
It's possible that the split added fuel to the fire of our downtrend. BCH and SV supporters were holding a lot of Bitcoins before the split and if they wanted to pump their own coins they could sell some of that and buy the coins that they were supporting. Craig Wright at least was vocal about it and he probably sold some to pay for SV mining.
sr. member
Activity: 1470
Merit: 325
I still don't know why anyone will bother to buy these shitcoins. Even litecoin is a better purchase and it does the same thing as ABC and SV. All 3 are the same type of coin, a faster wannabe bitcoin

well they know bitcoin is in survival mode, and hope they can make a ton of money by attacking it, and replacing it.
copper member
Activity: 140
Merit: 3
I still don't know why anyone will bother to buy these shitcoins. Even litecoin is a better purchase and it does the same thing as ABC and SV. All 3 are the same type of coin, a faster wannabe bitcoin
jr. member
Activity: 196
Merit: 1
I, too, believed that bitcoin SV will be an enemy factor but now I see the recovery of bitcoin and I think that now no one can affect the price !
hero member
Activity: 1120
Merit: 554
I firmly believe the bitcoin cash war between ABC and SV is what caused the market to tank.  Calvin Ayre and other whales were dumping massive amounts of bitcoin in order to fund their hash war.  This whole thing caused a cahin reaction of panic for crypto investors and resulted in more and more dumping.  ABC is the clear winner at this point with almost twice the market cap of Satoshi's Vision.
member
Activity: 518
Merit: 21
Well yes this is one of the reason for the market crash because many were pulling out their investment on this crypto which relatively scared other to hold their crypto even BTC. This could be also probably just a drama so that team could take away the money from the investors of the crypto especially the BCH wherein a huge market price drop happen.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Not necessarily, I think. Bitcoin SV did had an effect on the price, but I don't think it necessarily caused the "collapse". If anything, it probably just dropped the price by a bit due to n-Chain needing to sell some bitcoin to fund their miners(which Craig S. Wright claimed himself).

Anyway, whether or not it caused the "collapse" or not, I don't see why it makes bitcoin "doomed". It just dropped the price temporarily, and nothing else.

the fact that ripple will soon become rank 1 cryptocurrency in their index (after bitcoin collapse) will make it worldwide visible that current asymetric cryptorating is 100 about us dollar based corruption.
If bitcoin drops in price, XRP(not ripple) goes down with it, and I don't see that changing any soon.
legendary
Activity: 2814
Merit: 1192
the fact that ripple will soon become rank 1 cryptocurrency in their index (after bitcoin collapse) will make it worldwide visible that current asymetric cryptorating is 100 about us dollar based corruption.

Xrp is not Ripple and Ripple is not a token, it's a brand.

Quote
XRP is not Ripple, and Ripple is not XRP. That’s the message from The Hatch Agency, a PR firm that represents Ripple – the technology company.
XRP is an “independent digital asset” according to the email, echoing an earlier tweet from Ripple.
Over thousands of articles, images, posts and statistics, across hundreds of publications, the two brands have been functionally indistinct since the inception of the XRP token (‘XRP’ harkens to ‘RXRP’, the ‘Ripple Transaction Protocol’). Today, however, there is a clear line between them. XRP is not Ripple.


XRP is not a cryptocurrency, it's a "bridge currency", therefore your point is invalid.

Quote
The Company aims to make the XRP a “bridge currency.” They expect more financial institutions to come on board to use it in cross-border payments at a cheaper and faster rate. The company also has a larger control over the currency, making it more centralized than a cryptocurrency should be.


Also, I wouldn't count on a centralized token to overtake Bitcoin. There's no competition here. Saying that XRP is better than BTC is like saying that a car is better than a motor boat.
legendary
Activity: 3346
Merit: 3130
you guys will fail, you dont create substance, you simply try to cash out stupid speculators...
...
the fact that ripple will soon become rank 1 cryptocurrency in their index (after bitcoin collapse)...

Damn, all this knowledge, we should just shut up and let the wise guys talk their shit.  Grin

If you really think ripple will become rank 1 let me tell you something, that coin doesn't even have a core, try to download it and run your own node, guess what, you cant!, so, how a shitty coin like ripple will become a rank 1? and after bitcoin collapse, that will happen only in your dreams bro. Sorry for the bad news. Sometimes the truth hurts.
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