Topic: Don't fall for the Bitcoin Cash Pump!! (Read 3470 times)
Thanks for your concern but if you know where to get in and where to get out I don't see any problem trading Bitcoin Cash. We already know people are in it for the money, not that it will dethrone real Bitcoin.
That's a good thought of you and I will surely be careful and watchful about this altcoin Bitcoin Cash.
In my opinion, btc will stay ahead, it will go up like a few days before, so do not panic.
Bitcoin Cash is stabilizing around $1300. Maybe Bitcoin and Bitcoin Cash can co-exist after all. Although at some point in the future Bitcoin Cash will be obsolete unless they put a lot development into it to catch up with Bitcoin Core.
Is bitcoin cash pumping again? I doubt it is not and even if it is, it will never take the place of bitcoin. The pump usually is to attract attention! Bitcoin has come to far for new hostile friends to reduce it's `impact and it's market. i will advice anybody who care to listen not to fall for seemly pump which are temporal!
I think the ending events are absurd in my opinion
Who can be so sure?
We are still under the influence of Bitcoin like all altcoins
I can't trust Bitcoin Cash
Who can be so sure?
We are still under the influence of Bitcoin like all altcoins
I can't trust Bitcoin Cash
indeed I agree with you. I think for the longer term ethereum will compete with bitcoin. so I am waiting for the ethereum to go back to 285$. bitcoin cash is just a short time pump by some whales
When is Lightning coming?
And whats your outlook on that?
And whats your outlook on that?
Unfortunately a lot of people actually fell in this trap of bitcoin cash. If someone was following bitcoin cash they would have know that the growth was not at all organic and clearly it was pump and dump.
Thanks for the warning but I'm not the type who falls in hype and second is I don't invest and will never invest in BCC. This message should be delivered to many members who are curious why BCC lifted up and taking the second spot from Ethereum so the pump will not continue again.
Thanks to all our friends to bitcointalk I didn't fell for this trap. This is a great lesson. Nothing special happens in just a week time to make price jump that much. So it turned back. I guess it will even drop more.
BTC starting to fall again, get ready for the next BCH/BCC pump! Word from Roger Ver is its going to be the biggest yet. Go BCH pump! Sell BTC now if you haven't yet, before it drops anymore, get ready with your bitcoin cash for the next pump! Rise and repeat profit hunters!!
I have to agree with you, a lot investors who fell for this pump and dump have lost on their initial investments. For instance: if you bought when the value was pumping around $2000 with the intentions that it was going for $5000, you have made more than $500 loss, which isn't good since you might not recover it anytime soon. I don't see the value of bitcoin cash going above $2000 again anytime soon, rather dump to $300 once again, which is not good for investors who bought at a higher value. No matter what happens, stick with bitcoin.
Yes I do completely agree with op’s statement even I feel the same it’s a game of pumpers or big whales I been in cryptoworld world just about a year in this time I have seen lots of pump and dump game. Don’t get into trap people.
As we have been forecasting, the dump has followed the pump, even though it has been a quite smooth dump and it is not over yet.
Looks like BCH is going to stay above $1,000. I think it's going to continue to make a run.
Irrational exuberance. A lot of new money is coming in. Its opportunistic and can not discern quality. Expect lots of volatility.
Going to pump again
It won't last that long because there is another coin being traded with pretty much the same type of distribution (Bitcoin Gold).Have you looked at the price of Bitcoin Gold lately? I don't think it has a future, especially with the dozens of other GPU coins around.
Going to pump again
It won't last that long because there is another coin being traded with pretty much the same type of distribution (Bitcoin Gold).
I dont think so. Bitcoin has many disadvantages. There were hundred delay Bitcoin transactions now. If developers can't improve, there will be another replace Bitcoin. Bitcoin cash is an example
Lightning Network will boost the Bitcoin and with its price. There is no coin that can replace Bitcoin, maybe good alternatives.
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