effect of BCH in BTC price - page 3.

Bezobraznike

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Quote from: alyssa85 on November 11, 2017, 05:16:15 PM

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

It's not much of a crash - as long as BTC stays above $6000 it's doing well, remember this was the price about 12 days ago.

However, BCH does have the capacity to hurt bitcoin by taking away hashing power. It now has 54% of the hashpower, causing massive delays on the bitcoin chain. How long this persists is anyone's guess. If it lasts just a few days, no harm done, If this goes on for months, then big damage will be done.

Alyssa85 if this goes for months then it is better to sell bitcoins now while I
am in profit, too much waiting can hurt me financially. I think I am not the only
one who is thinking about that.
If others thinks similar like me next few days can determinate bitcoin destiny,
what if most of us sell bitcoins and buy BCH? This delays in transactions and
highs fees are worrying.
HashPower is going down for days, today on 54% and in a week how much
will it be?
I am with bitcoins, I invested in bitcoins, this manipulations are worrying me
and now I question my decisions, did I made a mistake?

DustyRah

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One thing is certain, anyone who sold off their BCH which airdropped on them must be feeling like clowns at this time. It's best to just hold both BTC and BCH because no matter who thinks what, miners do contribute to the pricing and they will mine what is profitable to them.

hisuka

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Quote from: hase0278 on November 12, 2017, 02:08:32 AM

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

I think BCH would not replace btc even if it has Roger Ver's support therefore bitcoin will survive. He is just pumping it though for his own benefit and soon he will stop and may abandon BCH, then go back into holding btc. This aint the worst crash i have ever seen, in fact the crash on 2013 is way more worse and I think this level of dip is normal considering that the price has been sitting on 7000$+ for a period of time now. For now btc is just gaining momentum before reaching new milestones.

I agree, BCH will not replace bitcoin though the effect of BCH in btc price is suddenly fell down these days. I believe Roger Ver make on his own way to have earn huge profit because of BCH but probably it will not really replace indeed bitcoin. I believe BCH is just temporary at this position but still Bitcoin will survice and will rising its demand again.

tabas

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Quote from: thend1949 on November 11, 2017, 04:45:46 PM

Quote from: tabas on November 11, 2017, 03:39:22 PM

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

Many are still believing him but no way it won't replace bitcoin and btc will live.

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

Yes, it happened even before at lower price.

Well I am in favor that bitcoin will live for a long time and that must be forever, because it has been established already and its volume has a strong foundation in terms of asset. That price will have to fluctuate but don't think it literally as crash, because normally it occurs specially more dumps is happening everyday. More will be doing day trades specially those long term holders.

In the future, these debates will stop about blocks and people will get into supporting one bitcoin. No FUD and no any other attacks and interruption to the network, we will all live. I don't believe with those thrills that they are doing right now because in the end they will be getting back to bitcoin. They are whales and they knew it on how big bitcoin is.

hase0278

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Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

I think BCH would not replace btc even if it has Roger Ver's support therefore bitcoin will survive. He is just pumping it though for his own benefit and soon he will stop and may abandon BCH, then go back into holding btc. This aint the worst crash i have ever seen, in fact the crash on 2013 is way more worse and I think this level of dip is normal considering that the price has been sitting on 7000$+ for a period of time now. For now btc is just gaining momentum before reaching new milestones.

thecodebear

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BCH is a pump and dump coin. It is entirely used just for trading, a pure speculation coin. It is zero threat to bitcoin. Bitcoin Cash zealots just took the opportunity of the BTC correction to promote BCH and pump it to high heaven. Right now BCH is a huuuuuge bubble. When profit taking starts its gonna come crashing back down to $500 or so and all that money will flow back into Bitcoin. I wouldn't even yet call this a crash for Bitcoin by normal measures, only if it drops well under $6000 would I consider it a full on crash. Just a correction of people moving back into alts, as could have been expected, Bitcoin Cash just happens to be the alt that sucks up most of the money for right now, it'll dump soon and that money will be dispersed between bitcoin and the rest of the alt market.

TTITA

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Quote from: kwukduck on November 11, 2017, 04:31:00 PM

This overtaking of Bitcoin by Bitcoin Cash has long been planned and is now being executed.

https://www.reddit.com/r/CryptoCurrency/comments/7c7eiz/segwit_2x_is_not_going_to_happen_it_never_was/

If so, this situation could made by some people who want the bitcoin going down.
I see a lot of bitcoin transactions that stuck in 2 days. It seems that the miners are overwhelmed or indeed agreed to stall the time in speed up confirmation of each transaction, thus making the state of bitcoin increasingly pressed in the market.

ladydark

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Quote from: DigitalFox on November 11, 2017, 04:19:02 PM

Looks like a pump and dump scheme is being used on BCH now. I can't find any other explanation to it.

Yes,BCH is just pumped and dumped by its supporters and its really a shocking experience to see that BCH has reached such a high price.Its immediately happening after segwit2x cancellation.It clearly shows the collaberation between BCH team and S2X team.It is just done to devalue the brand bitcoin and replace it with BCH.

tommy05

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Quote from: BitMaxz on November 11, 2017, 06:00:45 PM

In my own honestly its hard to know if bitcoin could stay and keep increasing but because of many company are supporting bitcoin will be stay as king of cryptocurrency. Bitcoin will be still main..
Bitcoin cash is just like other altcoin that could pump and dump since bitcoin cash is new and still no company that can use bitcoin cash as payment processor
So it will be hard to think that bitcoin cash is the reason why the price of bitcoin is decreased .. and its impossible bitcoin could be replace by bitcoin cash..

agree but there is no other way to support miners given that the difficulty is increasing but to keep bitcoin value increasing ! However as bitcoin price increase transactions will become less and less affordable , bitcoin cash might have a chance but given that bitcoin has a strong community it less likely to happen

figmentofmyass

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Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

roger's publicly identified coins weren't moving at BCH's lows (per greg maxwell). i'd love to see an update now. he wasn't willing to sell his BTC for BCH when it was bearish, so i wonder if a 4x from the lows is really good enough for him. if you follow the mystery BCH miner's coinbase transactions, they haven't moved anything either.

for both roger ver and jihan wu, this is looking like a long term play. i'm guessing both of them are smart enough not to put all their eggs in one basket. they are both sitting on massive amounts of both BTC and BCH. they don't need to take risks like that.

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

there was sort of a blow off top after the segwit2x cancellation news. that usually leads to a sell off. a lot of good analysts were expecting a drop to $5k before the news even came out. the BCH rush may have added to it (people selling BTC to buy BCH) but i think it was mostly just typical supply and demand and TA at play.

BitMaxz

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In my own honestly its hard to know if bitcoin could stay and keep increasing but because of many company are supporting bitcoin will be stay as king of cryptocurrency. Bitcoin will be still main..
Bitcoin cash is just like other altcoin that could pump and dump since bitcoin cash is new and still no company that can use bitcoin cash as payment processor
So it will be hard to think that bitcoin cash is the reason why the price of bitcoin is decreased .. and its impossible bitcoin could be replace by bitcoin cash..

bitcoin31

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I think bitcoin will survive because many people loves bitcoin . For sure once bitcoin big dump the pricr they will buy again bitcoin so it will recover again the price. I think the price will become 7000 dollars price of bitcoin this week so be patient.

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Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

1 I don't think because for my personally I was considering as the bitcoin cash just another pnd. With so many people try to FUD to the bitcoin original. bitcoin cash will never replace the bitcoin original

2 I think that this should be considered as the bottom of the bitcoin itself. you can see some latest article about FUD from the bitcoin cash supporters.

noel2123

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Quote from: PokerDiceMan on November 11, 2017, 05:06:54 PM

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

BCH not big effect about bitcoin price
BCH can't kill bitcoin, bitcoin price downt not effect about BCH price or BCH issue

agree bitcoin price going down at $6500 is not because of bitcoin cash , it just have some price correction and we could expect that it will recover maybe by next week , I really don't understand why people is linking bitcoin cash with bitcoin since it has really nothing to do with it. Bitcoin cash is just a copy of bitcoin , many already tried to kill it but the good thing is it always survive

alyssa85

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Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

It's not much of a crash - as long as BTC stays above $6000 it's doing well, remember this was the price about 12 days ago.

However, BCH does have the capacity to hurt bitcoin by taking away hashing power. It now has 54% of the hashpower, causing massive delays on the bitcoin chain. How long this persists is anyone's guess. If it lasts just a few days, no harm done, If this goes on for months, then big damage will be done.

PokerDiceMan

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Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

BCH not big effect about bitcoin price
BCH can't kill bitcoin, bitcoin price downt not effect about BCH price or BCH issue

bonosurgut

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Сrash will stop in in the nearest future. BCH is scam.

thend1949

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Quote from: tabas on November 11, 2017, 03:39:22 PM

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

1) Do you think Roger Ver with his support to BCH will Kick bitcoin price and replace it with BCH or bitcoin will survive ?

Many are still believing him but no way it won't replace bitcoin and btc will live.

Quote from: hugeblack on November 11, 2017, 03:37:09 PM

2) Do you think this crash normal (7,800$ to 6,200$) or intended Huh

Yes, it happened even before at lower price.

Well I am in favor that bitcoin will live for a long time and that must be forever, because it has been established already and its volume has a strong foundation in terms of asset. That price will have to fluctuate but don't think it literally as crash, because normally it occurs specially more dumps is happening everyday. More will be doing day trades specially those long term holders.

rezaeee

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Many People Facing Issue Of Unconfirmed Transactions of BTC From Last 24 hours or so , this is happening because miners using their hashpower to BCH ( BITCOIN CASH ) , this is ridiculous and dangerous as there are thousands of unconfirmed transactions are lying on blockchain which happened only this time !!!

kwukduck

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This overtaking of Bitcoin by Bitcoin Cash has long been planned and is now being executed.

https://www.reddit.com/r/CryptoCurrency/comments/7c7eiz/segwit_2x_is_not_going_to_happen_it_never_was/

Topic: effect of BCH in BTC price - page 3. (Read 1549 times)