Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16860.

BlindMayorBitcorn

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Quote from: Last of the V8s on July 28, 2017, 02:07:13 PM

Quote from: becoin on July 28, 2017, 02:03:17 PM

Quote from: jbreher on July 28, 2017, 01:51:31 PM

Yes. In my math, $403 is exactly between 1% and 2% of $2759.

BTCC crooks don't have that much money to support such a price. Unless, of course, they succeed in stealing bitcoins from noobs as already explained.

they can pump chinese fiat renminbi into that freak all day long

I'd really like to ignore this as a non-event. But I can't because it isn't because somebody will pump that freak all day long.

@becoin
Greed always finds a way

Last of the V8s

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Be a bank

Quote from: becoin on July 28, 2017, 02:03:17 PM

Quote from: jbreher on July 28, 2017, 01:51:31 PM

Yes. In my math, $403 is exactly between 1% and 2% of $2759.

BTCC crooks don't have that much money to support such a price. Unless, of course, they succeed in stealing bitcoins from noobs as already explained.

they can pump chinese fiat renminbi into that freak all day long

becoin

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Quote from: jbreher on July 28, 2017, 01:51:31 PM

Yes. In my math, $403 is exactly between 1% and 2% of $2759.

BTCC crooks don't have that much money to support such a price. Unless, of course, they succeed in stealing bitcoins from noobs as already explained.

Slow death

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Leading Crypto Sports Betting & Casino Platform

Quote from: drbrockcoin on July 28, 2017, 12:28:01 PM

Quote from: TeeBone on July 28, 2017, 12:22:06 PM

On what exchange can you dump your btc crack cash (BCC)

I think BITTREX will also support if I am not mistaken, I plan on having 0.1BTC on Bittrex and 0.1 on Kraken and 0.8 in my paper wallet.
Unfortunately that is the total sum of my BTC at the moment, soon I will get back to 7BTC hopefully and then some.

It seems that you and many people including me have thought of the same strategy, a pity that viabtc is asking me to upload my ID so that I can deposit bitcoin in their exchange, I have no problem in delivering my ID, but it will take time to They approve my ID so I gave up and decided to keep my few btc in other exchanges.

Now comes the question that will not let me relax, how much will it be that bitcoin crash will be worth?

So far bitcoin crash has survived in the $400 area, with so many greedy merchants, will I see $ 1 per bitcoin crash? I want to buy cheap coins for a future to have good profits

jbreher

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lose: unfind ... loose: untight

Quote from: arklan on July 27, 2017, 09:11:45 PM

there's a group forking an altcoin (bitcoin cash) come august 1st.

Pretty much. Though it is possible that in time, BC will surpass BTC in the marketplace. This is due to BC's inherent support of all the important use cases that core threw overboard in their insane Raspberry Pi fetish. If this were to come about, then BC would be Bitcoin, and legacy cripplecoin would be the alt.

Quote from: DaRude on July 28, 2017, 12:04:26 PM

Is there a way to short the BTC cash futures?

If you're outside USA, you can use ViaBTC's BCC futures tokens.

Quote from: bones261 on July 28, 2017, 12:20:05 PM

The whale would then have to decide to either use their BTC to bolster BCC market or dump their BTC to harm BTC market. They couldn't do both.

Quote from: becoin on July 28, 2017, 12:54:47 PM

Those crooks that decided to fork into Bitcoin Cash ...

There is no crime in voluntarily treating a permissionless system as a voluntary permissionless system.

And you are 100% wrong about the motivations. At least for the majority of BC supporters. We are working towards a stronger, more capable Bitcoin.

Quote from: becoin on July 28, 2017, 01:30:58 PM

Current premarket price of BTCC shows that price will be between 1% and 2% of Bitcoin value.

Yes. In my math, $403 is exactly between 1% and 2% of $2759.

https://coinmarketcap.com/currencies/bitcoin-cash/

BTCC is not a BC equivalent.

bones261

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Quote from: becoin on July 28, 2017, 01:30:58 PM

Quote from: Torque on July 28, 2017, 01:24:59 PM

Quote from: soullyG on July 28, 2017, 01:13:28 PM

Quote from: Torque on July 28, 2017, 01:02:52 PM

That's why I'm just going to sit on my BTCC for a long time, and see what happens in the future. Grin

Wouldn't it be better to dump them first, and rebuy at pennies on the dollar too?

Sure I guess. Knock yourself out.

I could care less, and won't be putting into a single nickel into that shitcoin.

Current premarket price of BTCC shows that price will be between 1% and 2% of Bitcoin value. Even daily price volatility of Bitcoin is much bigger than that. So, this fork is pretty much a non-event. It doesn't deserve the efforts to split your wallet just to sell the fork.

1% to 2% the value of Bitcoin is quite the sum for me. I have to work for about an hour and 20 minutes to earn 1% of the value of Bitcoin, and that is gross, not net. (Yeah, I know. I'm a low wage worker.Lack of leadership skills is my big flaw.)

becoin

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Quote from: Torque on July 28, 2017, 01:24:59 PM

Quote from: soullyG on July 28, 2017, 01:13:28 PM

Quote from: Torque on July 28, 2017, 01:02:52 PM

That's why I'm just going to sit on my BTCC for a long time, and see what happens in the future. Grin

Wouldn't it be better to dump them first, and rebuy at pennies on the dollar too?

Sure I guess. Knock yourself out.

I could care less, and won't be putting into a single nickel into that shitcoin.

Current premarket price of BTCC shows that price will be between 1% and 2% of Bitcoin value. Even daily price volatility of Bitcoin is much bigger than that. So, this fork is pretty much a non-event. It doesn't deserve the efforts to split your wallet just to sell the fork.

FractalUniverse

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Quote from: fluidjax on July 28, 2017, 05:36:59 AM

As the price of BCC is now priced into the current price of BTC

Pre Fork BTC = Post Fork BTC + Post Fork BCC

So the real price of BTC is currently 0.885 * $2741 = $2425

(obviously the price of BCC is not real yet)

I agree. Recent move up was probably caused by speculation that they can get more money from having BTC on aug1st and getting BCC or BCH whatewer. Thats likely also what caused most major altcoins significantly declining against bitcoin. - people selling part of their alts investments for bitcoin to get additional bcc.
I dont think its a wise move doing it now. i suspect that the formula can easily turn out like this in the end: Pre Fork BTC > Post Fork BTC + Post Fork BCC.
It will be interesting, but this will likely turn out to be losing tactics - no free money from nowhere
+ also margin traders can be changing their collaterals from fiat/alts to BTC as well to get "free bcc" - another factor pushing price up.

Torque

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Quote from: soullyG on July 28, 2017, 01:13:28 PM

Quote from: Torque on July 28, 2017, 01:02:52 PM

That's why I'm just going to sit on my BTCC for a long time, and see what happens in the future. Grin

Wouldn't it be better to dump them first, and rebuy at pennies on the dollar too?

Sure I guess. Knock yourself out.

I couldn't care less, and won't be putting into a single nickel into that shitcoin.

bones261

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Quote from: BitcoinNewsMagazine on July 28, 2017, 01:08:57 PM

Quote from: becoin on July 28, 2017, 12:54:47 PM

Quote from: jojo69 on July 28, 2017, 12:39:11 PM

please to tell, where is this BCC dump?

Those crooks that decided to fork into Bitcoin Cash know very well that this unit will be sold into oblivion and will not exist for a very long time. What they bet on is stealing bitcoins from illiterate noobs that can't correctly split their wallets. That is their game. Act with extreme care and follow split manuals only from verified sources!

You should have read the the outrage and whining on the Bitcoin ABC slack when two way replay protection was added to the client:)

Is it possible to hijack a chain by lowering the difficulty? I should hope not, or practically every altcoin is in danger of attack. Otherwise, I seriously doubt they will ever be able to get the 51% hash required to overtake the BTC chain.

Last of the V8s

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Be a bank

Szabo making sense

soullyG

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Decentralize everything

Quote from: Torque on July 28, 2017, 01:02:52 PM

That's why I'm just going to sit on my BTCC for a long time, and see what happens in the future. Grin

Wouldn't it be better to dump them first, and rebuy at pennies on the dollar too?

BitcoinNewsMagazine

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Quote from: becoin on July 28, 2017, 12:54:47 PM

Quote from: jojo69 on July 28, 2017, 12:39:11 PM

please to tell, where is this BCC dump?

Those crooks that decided to fork into Bitcoin Cash know very well that this unit will be sold into oblivion and will not exist for a very long time. What they bet on is stealing bitcoins from illiterate noobs that can't correctly split their wallets. That is their game. Act with extreme care and follow split manuals only from verified sources!

You should have read the outrage and whining on the Bitcoin ABC slack when two way replay protection was added to the client:)

Icygreen

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Yes, it could be sold down to very little but I try not to underestimate this move. You saw how ETH wanted to become the new bitcoin. With any type of real implementation, it could have worked.

Torque

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Quote from: becoin on July 28, 2017, 12:54:47 PM

Quote from: jojo69 on July 28, 2017, 12:39:11 PM

please to tell, where is this BCC dump?

Those crooks that decided to fork into Bitcoin Cash know very well that this unit will be sold into oblivion and will not exist for a very long time. What they bet on is stealing bitcoins from illiterate noobs that can't correctly split they wallets. That is their game. Act with extreme care and follow split manuals only from verified sources!

It's funny though... it may very well get dumped upon launch. But I can guarantee you that it will get pumped to the moon sometime in the future. Just like ETC did.

In fact, if all BTCC gets dumped, the pumpers will slowly accumulate over a long period of time at pennies on the dollar. Once they are assured they have gained control of most of the BTCC and the market float is ultra thinned out, they will pump the shit out of it, all with another massive FUD campaign to go along with it. Since they control the mining end too, they'll control the entire market float.

That's why I'm just going to sit on my BTCC for a long time, and see what happens in the future. Grin

becoin

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Quote from: jojo69 on July 28, 2017, 12:39:11 PM

please to tell, where is this BCC dump?

Those crooks that decided to fork into Bitcoin Cash know very well that this unit will be sold into oblivion and will not exist for a very long time. What they bet on is stealing bitcoins from illiterate noobs that can't correctly split their wallets. That is their game. Act with extreme care and follow split manuals only from verified sources!

El duderino_

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BTC + Crossfit, living life.

Bet CLOSED! Let the game begins...
Thank you all for supporting this game and I wish you all good luck. Let's make contact when ATH touched.
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BitcoinNewsMagazine

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BCC or BCH whatever won't even exist until Aug 1 once you have some you can sell at the exchanges that support trading like Kraken.

jojo69

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diamond-handed zealot

please to tell, where is this BCC dump?

TeeBone

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Its a scramble to dump bcc ! haha

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16860. (Read 26712953 times)