Topic: To save bitcoin - stop buying bitcoin cash - page 9. (Read 25614 times)
The key word in the original post is 'triggered' which means that it started this dump. It can't be just a coincidence that the hash wars occurred at exactly the same time that miners stopped mining bitcoin, and the btc price went down 50%. Other factors like panic selling immediately followed and here we are today
Indeed the manipulation of the whale is enough to panic and worry, and what can make it return good and valuable. Even though we stopped buying bch, this won't affect it either. What we might do is promote bitcoin again so investors can trust it again and the hash war can be ended.
I don't think sure it will work. Bitcoin dropping like this because is manipulated by the whales, they using the hash war drama as the opportunity to create a FUD and then make many noobs panic sell their Bitcoins.
Whales create a FUD to get a cheap Bitcoin from us to maximize their profit. Be aware that!
Whales create a FUD to get a cheap Bitcoin from us to maximize their profit. Be aware that!
Is btc current price the all low we ve ever witness? I just have a feeling btc will drop all through this year.
Stop buying altcoins would be a better way, not just bch, all altcoins are actually dilutions of bitcoin.
If we can't stop buying altcoins, then the same can't stop people from buying bch.
In this market, more people are pursuing short-term money, not real value.
If we can't stop buying altcoins, then the same can't stop people from buying bch.
In this market, more people are pursuing short-term money, not real value.
It's a very speculative market -- especially altcoins -- but Bitcoin as well. There's no denying that "get rich quick" types exist among bitcoiners too.
After years of watching the interchange of Bitcoin and altcoins since I arrived in 2013, it doesn't seem like people will ever stop investing in altcoins. There's something about boring markets and bull markets that makes bitcoiners want their coins to work for them. They're always looking for ways to speculate or gamble and increase their stack.
In some sense, at least perceptually, altcoins dilute Bitcoin. However, I think their relationship is more mutually beneficial than that. I don't see altcoins as parasitical at all since the altcoin markets actually tie up quite a big chunk of the circulating bitcoin supply. I think this has been helping to drive Bitcoin's long term price rise for a long time.
Is btc current price the all low we ve ever witness? I just have a feeling btc will drop all through this year.
Definitely this ain't bitcoins all time low price, remember the bitcoin started from scratch,basically from form zero to this level it's at, even If it drops further,its definitely not the end, I can assure you that. As regards the OP, all this forked 'bitcoins" definitely are nothing compared to the bitcoin,and with this sort of market,i doubt they'll be able to survive If the bear intensifies the more.
At the end of the day, they'll be gone while the bitcoin will definitely remain
This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
Bitcoin is not dying that's how cryptocurrency works it is volatile if there is a bear there's a bull. Nothing to do with the drama between this two Fork, they keep fighting but they can easily claim both coins. Failure to act will cause more similar situations in the future
Indeed the bch incident made the value of bitcoin go down and almost all altcoins followed it. We survive to improve bitcoin, so we will continue to do this for the sake of future bitcoin. But no one can stop the bch, and later will be the same altcoin as the others.
The crypto Market Situations understandiing is very different think But it's clear the crypto market controlling by bitcoin. bitcoin is a most popular currency and we are know huge volume think in this crypto market.so I'm sure more people choice Bitcoin their future benefits.so right now I don't see Bitcoin bad happen because it always good.
This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
Failure to act will cause more similar situations in the future
I hate bitcoin cash and Bitman. Kill them
I don't see anything bad happening in the hashes. I see it as a short-term problem and will not affect the future of Bitcoin. People will soon realize that the forks of Bitcoin cash is just another way to manipulate the market and prolong the pump and dump scenes.
I see it as a big problem, in short term the hash war was able to make bitcoin price fall down so hard, imagine it will be used by some irresponsible party to control the price, people do realise that this bch forking is just manipulation from sone group to make profit, but that doesn't erase the fact that the incident makes bitcoin fall down
I don't see anything bad happening in the hashes. I see it as a short-term problem and will not affect the future of Bitcoin. People will soon realize that the forks of Bitcoin cash is just another way to manipulate the market and prolong the pump and dump scenes.
This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
We can't say stop buying BCH but we need to encourage the people to buy bitcoins and try to spend it as much as you can rather than using as an investment and money making tool from trading.Failure to act will cause more similar situations in the future
For now every coins is dumping including BCH so the price dump is not due to Hash war right?
This dump was triggered by the battle of the hashes. If we remove bch and bsv from having any value it would discourage more pointless bitcoin dilution, and prevent further hash wars.
Failure to act will cause more similar situations in the future
Hold our bitcoin also can become the best way to stop the decreasing price of bitcoin. In this bear market I sold most of my altcoin then buy more bitcoin, I am not sure that some altcoin can still worthy in this situation. I sold most of my altcoin and stop to buy altcoins include bch and bsv because I want to safe my self from lossing fund, I don't have any intention to safe bitcoin by this way. But it seems that theoretically you are right, that way can prevent hash wars. Failure to act will cause more similar situations in the future
The possibility of achieving this is very small, nobody decides for anyone in this ecosystem i.e decision is also decentralized in the world of cryptocurrency. Most investors and traders are attracted to altcoin that have the tendency of being pump.
is this true? i think bitcoin cash is not affecting bitcoin pricea nd popularity, we all know that Bitcoin cash is 'child' of the bitcoin, i think bitcoin and bitcoin cash is help each other
The evidence behind it is extremely circumstantial. Bitcoin's drop in value slightly coincided with the Bitcoin Cash fork, which also coincided with a mining crackdown in China that made several mining farms unprofitable. No one really knows if these are just coincidences or if one directly affected the others, so everyone's entitled to their own (however educated) conclusions.
One thing's for sure though, they're not helping each other lol. The two communities are largely hostile.
The two communities are hostile, because all the things that BCash supporters is doing are hurting Bitcoin. None of the stuff that for instance LiteCoin or Dash are doing are having a huge impact on Bitcoin, so why should we not have bad blood with these people.
They are dead set on destroying Bitcoin and their actions are proof of that. Why did they have to call their Alt coin, Bitcoin? The only reason was to confuse people and to leech off the popularity of the real Bitcoin.
is this true? i think bitcoin cash is not affecting bitcoin pricea nd popularity, we all know that Bitcoin cash is 'child' of the bitcoin, i think bitcoin and bitcoin cash is help each other
The evidence behind it is extremely circumstantial. Bitcoin's drop in value slightly coincided with the Bitcoin Cash fork, which also coincided with a mining crackdown in China that made several mining farms unprofitable. No one really knows if these are just coincidences or if one directly affected the others, so everyone's entitled to their own (however educated) conclusions.
One thing's for sure though, they're not helping each other lol. The two communities are largely hostile.
I do not like those men that run Bitcoin cash and bitcoin SV, you can tell they had a fight with original Bitcoin developers and now all they wanted to do is go out on their own and make more money out of all of us idiots. I will not give them a penny of my money for what they have done to Bitcoin and the whole cryptocurrency markets. They are also big thieves who caused this crash to take away what we worked so hard for. They are greedy and nasty thieves that's all. I never want to support their coins ever!
I didn't know Bitcoin needed saving but, yes, I have never bought and will never buy those two anyway.
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We don't just have to stop buying bitcoincash but we have to eliminate (stop buying) all the wanna be bitcoin, I can't actually remember all their names (because I don't care about them) but just stop buying any coin that have Bitcoin in the names be it tokens or coins just stop buying them because they aren't helping matters in any way.
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