Topic: What cancer is keeping Bitcoin and the crypto market behind (Read 245 times)
Come on guys no one is cancer here to anyone. The bitcoin is keeping it low all because of the external and internal factors. Starting with the oldest issue like scaling which is still not working promptly is what keeping most of the big companies away from the bitcoin investment. Another thing is the external factors like different countries doing different drama about the banning of crypto's thus creating fear in the general public and forcing them to sell everything. These are some general and really normal reason which are keeping the bitcoin down. However as soon as some peaks start approaching ahead then people will be back with their investment and they will push the price upwards one more time.
The funniest part is that no matter how hard they prove to want to be a good forked coin with their manipulation, there is just no way it would work and they will keep trying and failing anyway.
Mostly the BCH shills are out there trying to get a grip over the market and trying shamelessly to FUD and promote their coin. The we have the biggest liar on the world living in bitcoin.org who thinks himself to be above god and thus ruined his name and repute if he ever had any.Quote
When it comes to a highly manipulated market, BCH comes first and it is perturbing to see how people or would I rather say sane investors are still holding this market. Probably, they feel the manipulation may one day drive it nuts to the moon. Let's see how it goes. Nevertheless, I do not see this as the worst year for bitcoin.
Some people are crazy about BCH. Whatever disucssion is going on they always divert it to something related to BCH. I see them in telegram channels casino chatboxes and other forums. But then the real bitcoin will always be the king and it will always rise. We are the cancer. People control the market, specifically our emotions. The price of bitcoin is in our hands and we are the reason for this drop. If we could all just hodl and not sell, with new money coming onto the market, bitcoin would be worth a lot lot more.
The funniest part is that no matter how hard they prove to want to be a good forked coin with their manipulation, there is just no way it would work and they will keep trying and failing anyway. When it comes to a highly manipulated market, BCH comes first and it is perturbing to see how people or would I rather say sane investors are still holding this market. Probably, they feel the manipulation may one day drive it nuts to the moon. Let's see how it goes. Nevertheless, I do not see this as the worst year for bitcoin. Today it was beaten by Bitcoin obviously.
Yep every time the whole market is falling BCH is getting beaten badly. I really don't understand who invests in that shit anyway. How about give it a rest and see how the market evolves without it
So what is the cause, the CANCER of it this year huh?
In my view the cancer is BCH (Bitcoin Cash)
I believe Bitcoin Cash has nothing to do with the market crash this year (the first one in mid-April and the second one that we are experiencing now).In my view the cancer is BCH (Bitcoin Cash)
The main reason is the total fatigue of people and the lack of good news related to cryptocurrencies.
On the contrary, everybody is trying to ban or regulate cryptos - and that does not give confidence in investors.
By the way mate there's nothing on BCH 'cause it's just an alt such other alternative coins in the market . For me the real reason that can cause bitcoin price drastic change nowadays it's because of some factors that always happen nowadays which is ( weak hands that always panic after the manipulation made by " big players" or whales and also fud's that always spreading negative news about bitcoin situation after the manipulation.) so that's the specific reason for me mate why the value of bitcoin is suffering on this year not the BTC and everyone here knows about it.
I think that in your words there is a part of the truth.
The year 2018 is not the worst yet, and conclusions are still too early to make. There is still summer and autumn ahead, here we will draw conclusions. In what is now happening with Bitcoin and in general with the entire market, I would not blame only bitcoin cash. There are many other reasons for this.
And now to what exactly in your words I consider correct. The bitcoin cash team is a bunch of rich people who want to get more money. I think that the news that was paid for by them strongly influenced the price of bitcoin. This in turn, together with other factors, has led us into this situation today.
The year 2018 is not the worst yet, and conclusions are still too early to make. There is still summer and autumn ahead, here we will draw conclusions. In what is now happening with Bitcoin and in general with the entire market, I would not blame only bitcoin cash. There are many other reasons for this.
And now to what exactly in your words I consider correct. The bitcoin cash team is a bunch of rich people who want to get more money. I think that the news that was paid for by them strongly influenced the price of bitcoin. This in turn, together with other factors, has led us into this situation today.
Im not sure if I 100% agree on this theory to not. The thing is BCH is one of the artificial driven coin and the devs are not even serious about it. People have also consumed it that way and they all are using it for their own benefit of pump and dump strategies. I have also watching this coin since very long and saw how it goes green even when the rest of market is down. Thats the clue it is not natural one and just the artificial force is driving it alongside. Anyways, Bitcoin is far stronger than the BCH shit and I really think that its just the bearish and bullish trends which are fitting together. BTC will recover, we dont have to worry about it at all.
This year is not over yet, so it is possible that this year will be the best for the cryptocurrency market.
Well its a good time to buy new coins and bitcoin if you ask me. I am hoping a rise will happen soon after this dip that happened with bitcoin around 7k USD mark. I am hoping the 10k USD mark is reached again so I can sell some bitcoin and then wait for the panic sellers to drop the price and then buy more. Its just a part of this cycle that you need to be a part of to recycle your money and make money in return.In my opinion the things that hold back crypto is the government policies FUD media and last but not the least Panic sellers.
Bitcoin Cash is just another alt. It has no more or less bearing on things than any other major coin. Almost all of them regularly post higher gains than Bitcoin percentage wise because they're all smaller.
2018 is nowhere near the worst year yet.
The one and only reason for these lulls is that giant bubble that you might have noticed. Bubbles pop when enough people realise they stupidly overpaid for something and run for the door. It takes a long time to rebuild confidence in valuations once it's been torched like that.
2018 is nowhere near the worst year yet.
The one and only reason for these lulls is that giant bubble that you might have noticed. Bubbles pop when enough people realise they stupidly overpaid for something and run for the door. It takes a long time to rebuild confidence in valuations once it's been torched like that.
I don't think size really matters, It's not just an alt, it's competing with bitcoin, with intentions to take the throne and the name is similar. Market cap isn't too small either. Let's not forget there is lots of manipulation in the market and maybe whoever cares about bitcoin being always on top doesn't want to give it any chance. Anyway in my view it's cancer that needs to go away like the other pretender BTG, first slid out of top 10 and then top 20
Bitcoin cash was never a problem to the growth of bitcoin and by the way, even bch is really feeling the heat of the market as well presently. BCH is never a threat to bitcoin and if that is what you think, then, you are really mistaken. By the way, I like how you called BTG pretender as that is basically all these forks are including BCH and they really have nothing to offer.
I expected you were going to say the cancer in our midst are the CME and CBOE that came up with the future contract and seems more like the market is having the hand of the biggest manipulators in the industry. However, 2018 is still going great for those who understand what the future holds.
So what is the cause, the CANCER of it this year huh?
regulation is the big cancer
Poland Continues Its Aggression Towards Crypto, But the Community Shows Force
Singapore Fires Compliance Warning at 8 Crypto Exchanges, Orders an ICO to Halt Sales
European Central Bank’s Mersch Says Banks Should ‘Segregate’ Crypto Trading
In my view the cancer is BCH (Bitcoin Cash)
Let this altcoin cash die alone
This year is not over yet, so it is possible that this year will be the best for the cryptocurrency market.
Year 2018 has been the worst year for the crypto market by far! So what is the cause, the CANCER of it this year huh?
that is your perspective to see 2018 as a "bad" year. another perspective is seeing it as even a better year than last year. we saw a lot of rise which meant we could buy less and less bitcoin every day to accumulate it for the "big boom". now that price is lower we can buy more of it again 
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In my view the cancer is BCH (Bitcoin Cash)
we blame bitcoin cash and specifically Roger Ver's shenanigans for a lot of things that are happening to bitcoin but not everything!Quote
As you all know bitcoin is the main driving force of the whole market and as long as gains made by bitcoin cash BCH are higher than the ones made by Bitcoin sorry folks Bitcoin will not let it grow that way.
BCH gains were not higher than bitcoin.BCH gains were not even higher than about roughly 60% of the altcoins!
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That's my simple view to why the market sucks this year. In my view bitcoin cash must die if we are to go up. Notice how as soon as bch starts moving up faster than bitcoin the show stops there. As soon as Cash is down bitcoin and market is breathing again. I am pretty sure if bitcoin cash slides to 5th in market cap it will slide to 6th and then leave the top 10 all together very soon. Maybe we will all have a breather then.
care to show this to us on an actual chart.try overlapping two charts and point to where you ses this happening
We are the cancer. People control the market, specifically our emotions. The price of bitcoin is in our hands and we are the reason for this drop. If we could all just hodl and not sell, with new money coming onto the market, bitcoin would be worth a lot lot more.
And I thought 50 to 100 entities are holding around 95% of bitcoin and those entities are not newbies. They been around longer than any of us
People dump for certain reasons, maybe for fear of the effect of a current FUD or future FUD. So , I think unnecessary dumping is also a cause for lack of breakout in the market.
Apparently the funds were moved right before the dump.
https://www.cryptoground.com/mtgox-cold-wallet-monitor/
According to this site on 10.05 some 6000 BTC got moved from the trustee's addresses and a day later we had a huge selloff. Of course one could say that the whole site is a manipulation and he didn't sell, just moved the coins, or that the addresses are fake. One thing is certain. He has a lot of coins and has to procure USD for the victims, even though they want to get BTC.
https://www.cryptoground.com/mtgox-cold-wallet-monitor/
According to this site on 10.05 some 6000 BTC got moved from the trustee's addresses and a day later we had a huge selloff. Of course one could say that the whole site is a manipulation and he didn't sell, just moved the coins, or that the addresses are fake. One thing is certain. He has a lot of coins and has to procure USD for the victims, even though they want to get BTC.
That was months ago. The poster is implying these ongoing dumps are because of this too.
He already has procured every single USD necessary to repay Gox's debts. There is no need to sell more to meet those obligations. They're in the bag. He has no right to sell more.
The BTC left will either go back to Tibanne shareholders, in which case there's going to be a fucking massive dump as Mark Karpeles has to pay 60% tax on it, or there'll be civil forfeiture when all the remaining BTC goes back proportionally to the victims.
The next meeting is in September when nothing may be decided then either. Nothing happens before then.
I'm really goddamn bored of people not bothering to process the facts. They're out there for everyone. This forum would be a fuck ton better if posters could be bothered to think a little more before regurgitating half formed factoids that aren't even true.
I don’t agree with you. I think Bitcoin Cash is just another new Altcoin. I don’t think so it is big enough to control the entire crypto market. BCH’s market capitalization is also small. The Bitcoin and other cryptocurrencies are affected by it demand and supply factors, the negative news about the cryptocurrencies and the manipulation by big whales and not by some Altcoin.
The name of this cancer is Nobuaki Kobayashi and he is the reason why the prices are so low right now. Nobuaki Kobayashi is the Mt Gox trustee and rather than just transferring the coins to the users, this guy is dumping them in the exchanges.
Show me some proof of this.
He has no right to sell. The court decides when and why to sell and there's no reason on the immediate horizon, all of Gox's debts can now be met from what's been sold. He probably wants to forget about the whole thing considering the ball ache it's brought him.
Apparently the funds were moved right before the dump.
https://www.cryptoground.com/mtgox-cold-wallet-monitor/
According to this site on 10.05 some 6000 BTC got moved from the trustee's addresses and a day later we had a huge selloff. Of course one could say that the whole site is a manipulation and he didn't sell, just moved the coins, or that the addresses are fake. One thing is certain. He has a lot of coins and has to procure USD for the victims, even though they want to get BTC.
Why the market sucks is basically because of that after something performs very well, it sucks for a while, and many cancers may involve in this but for me what the fuck is that does not matter much, it will stay with us for a while.
We are the cancer. People control the market, specifically our emotions. The price of bitcoin is in our hands and we are the reason for this drop. If we could all just hodl and not sell, with new money coming onto the market, bitcoin would be worth a lot lot more.
And I thought 50 to 100 entities are holding around 95% of bitcoin and those entities are not newbies. They been around longer than any of us
The name of this cancer is Nobuaki Kobayashi and he is the reason why the prices are so low right now. Nobuaki Kobayashi is the Mt Gox trustee and rather than just transferring the coins to the users, this guy is dumping them in the exchanges.
Show me some proof of this.
He has no right to sell. The court decides when and why to sell and there's no reason on the immediate horizon, all of Gox's debts can now be met from what's been sold. He probably wants to forget about the whole thing considering the ball ache it's brought him.
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