Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15906.

becoin

legendary

Activity: 3431

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Quote from: ragnar0k on November 11, 2017, 09:52:11 PM

The strange thing here is that despite the massive volumes, crypto market cap is still mostly the same.

Latest move is caused by Wu and Ver selling their BTC stash and buying BCH trash. There is no fiat involved. This is why market cap measured in fiat is the same.

babanana

member

Activity: 120

Merit: 10

Quote from: ragnar0k on November 11, 2017, 09:52:11 PM

The strange thing here is that despite the massive volumes, crypto market cap is still mostly the same. Usually, when BTC grows, the crypto market cap grows with it.
This is definitely mostly people panicing or some big whales holding and moving BTCs around. That is a massive red flag to me...
But then again, I've sold my BCH time ago, so I am partial on this story

Moving BTC around in anticipation of BTC bear mode. Look at big alts on 1 day candlesticks, including BCH, they grow after the ATH of BTC.
Take your positions. But these movements don't bother long time hodler. Grin

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

somebody could seriously get wacked about this. dangerous global shit. i don't like it. no sir

LewisPirenne

full member

Activity: 140

Merit: 100

Quote from: gentlemand on November 11, 2017, 09:43:13 PM

In a verrrrrrrrrrrrrrrrrrrrrrrrrrrrry limited number of minds at least.

So that nasty BTC has been menacing BCH ever since it was born. Gotcha.

I'd still like to hear about the post August army of people who'll see their hard earned money turned to nothing.

In all fairness, the few Chinese and Koreans that I know, who betted with the Chinese miner side in August and September, already got out during the current pump. So it's likely only whales with insider info, whatever that info might be, are in this now. They are doing a splendid job too as there are barely any BCH walls left in places like Bittrex and Poloniex, at least compare to the $5 billion volume that they have been doing in the past few days.

Can't blame people for wanting to get out early either as they are badly burned during the Chinese ban in early September. The conscience is really on the people who got in in the past few days.

ragnar0k

full member

Activity: 154

Merit: 101

The strange thing here is that despite the massive volumes, crypto market cap is still mostly the same. Usually, when BTC grows, the crypto market cap grows with it.
This is definitely mostly people panicing or some big whales holding and moving BTCs around. That is a massive red flag to me...
But then again, I've sold my BCH time ago, so I am partial on this story

babanana

member

Activity: 120

Merit: 10

Quote from: gentlemand on November 11, 2017, 09:43:13 PM

Quote from: Peter R on November 11, 2017, 09:40:39 PM

If BCH wins, the narrative will be that bitcoin split into Bitcoin Cash and Bitcoin Core in August, and Bitcoin Cash prevailed. If BTC wins, then the opposite will hold.

Bitcoin will not be killed.

In a verrrrrrrrrrrrrrrrrrrrrrrrrrrrry limited number of minds at least.

So that nasty BTC has been menacing BCH ever since it was born. Gotcha.

I'd still like to hear about the post August army of people who'll see their hard earned money turned to nothing.

Out of context but want to ask Peter. Wink

Peter, If BCH is what you call improvement of BTC, then what is BCH compared to Stratis?

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: Peter R on November 11, 2017, 09:40:39 PM

If BCH wins

BCH is dead. It was dead at the time it was born. What we see is the final stage of desperation to reanimate it. This only will cost more to Wu and Ver. They are morally bankrupted. After dust settles they'll be financially bankrupted.

Peter R

legendary

Activity: 1162

Merit: 1007

Quote from: gentlemand on November 11, 2017, 09:43:13 PM

I'd still like to hear about the post August army of people who'll see their hard earned money turned to nothing.

Yes, this is why the segwit2X upgrade was preferred.

We tried hard to make that happen and failed.

It is messy now.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: Peter R on November 11, 2017, 09:40:39 PM

If BCH wins, the narrative will be that bitcoin split into Bitcoin Cash and Bitcoin Core in August, and Bitcoin Cash prevailed. If BTC wins, then the opposite will hold.

Bitcoin will not be killed.

In a verrrrrrrrrrrrrrrrrrrrrrrrrrrrry limited number of minds at least.

So that nasty BTC has been menacing BCH ever since it was born. Gotcha.

I'd still like to hear about the post August army of people who'll see their hard earned money turned to nothing.

Peter R

legendary

Activity: 1162

Merit: 1007

Quote from: gentlemand on November 11, 2017, 09:32:36 PM

Quote from: Peter R on November 11, 2017, 09:21:56 PM

hold both coins and let the whales battle it out.

I don't think the world has the appetite for an alt to kill Bitcoin, especially those hundreds of thousands or more who've piled in since the fork without the luxury of free coins. Trust is finite, extremely easy to squander and doesn't come back.

If BCH wins, the narrative will be that bitcoin split into Bitcoin Cash and Bitcoin Core in August, and Bitcoin Cash prevailed. If BTC wins, then the opposite will hold.

Bitcoin will not be killed.

Torque

legendary

Activity: 3766

Merit: 5380

Btw, a certain event will happen on the 14th. Major players taking big positions by shorting the market first.

Makes perfect sense if you think about it. All the insider shills are in on the game.

Rosewater Foundation

sr. member

Activity: 392

Merit: 254

BTG is like $500. we're bleeding in every direction Cheesy

edit: wee

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: becoin on November 11, 2017, 09:31:34 PM

Quote from: somac. on November 11, 2017, 09:26:09 PM

anybody know at which block the next bitcoincash difficulty readjustment is going to be? It's going to be a big one when it happens?

At this rate bitcoin cash's 21 million coins will be mine within a year.

Why do you think there will be only 21 million altcash coins?

Of course they'll have to up the 21 million limit, when they mine all these ones. But that is a year away. lol

gentlemand

legendary

Activity: 2590

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Welt Am Draht

Quote from: Peter R on November 11, 2017, 09:21:56 PM

hold both coins and let the whales battle it out.

I don't think the world has the appetite for an alt to kill Bitcoin, especially those hundreds of thousands or more who've piled in since the fork without the luxury of free coins. Trust is finite, extremely easy to squander and doesn't come back.

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: somac. on November 11, 2017, 09:26:09 PM

anybody know at which block the next bitcoincash difficulty readjustment is going to be? It's going to be a big one when it happens?

At this rate bitcoin cash's 21 million coins will be mine within a year.

Why do you think there will be only 21 million altcash coins?

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

looks like BCH is finding blocks about 1 every minute, won't take long for whenever the adjustment is.

babanana

member

Activity: 120

Merit: 10

Quote from: ?? on ??

Quote from: Peter R on November 11, 2017, 09:08:45 PM

If you drank the Blockstream/Core koolaid and dumped your BCH, you can buy them back at 4 BCH per BTC.

Remember, if you're holding BTC and BCH in equal proportion, you'll come out fine whether Bitcoin Core or Bitcoin Cash wins in the end.

Thanks for the insider tip. Though I presume that you mean 4 BTC per BCH. as market price is already exceeding your target price now.

I guess now I can safely go back into hibernation and hodling for another five years again. Or rambling about the fair sex and existentialism like those bitcoin-assets crowd and not give a fook about all the politics and infighting.

Though I do wonder what that BCH+BTC value in fiat term would be by then if this scheme succeed.

Its not. The pump was too premature. Did not reach my level. Go peter I believe in you. Please tell Jihan to pump it higher.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

Quote from: becoin on November 11, 2017, 09:24:58 PM

Jihady Wu and crazy Ver decided to throw everything they have. Well, thanks for the cheap bitcoins. Always appreciated.

Yep, and soon they'll have no btc and just a shitload of bch. Markets can only be manipulated for so long (unless you're a central bank).

babanana

member

Activity: 120

Merit: 10

Quote from: somac. on November 11, 2017, 09:26:09 PM

anybody know at which block the next bitcoincash difficulty readjustment is going to be? It's going to be a big one when it happens?

At this rate bitcoin cash's 21 million coins will be mine within a year.

Every 2016 blocks. Dont know what block height was the last.

somac.

legendary

Activity: 2050

Merit: 1184

Never selling

anybody know at which block the next bitcoincash difficulty readjustment is going to be? It's going to be a big one when it happens?

At this rate bitcoin cash's 21 million coins will be mine within a year.

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