Expect another pump once the mining difficulty comes back down again. Ver and Jihan aren't finished yet. They will have another go at destabilising BTC with BCH.
BTC seems impregnable though.
Topic: WHAT is Happening with BCH?? - page 3. (Read 2248 times)
BCH was rocking it for a couple of days/hours but as you've seen it's being corrected right now, personally I think it's some sort of boost from Korean traders, who are backing up the coin. We don't know for sure, but it's really up to you to decide whether the price justifies any of that. BCH offers some good advantages over Bitcoin but it's still an immitator, for me it was obvious that it would retrace back some of the profits it made. There is just way too much hype and way too many people who want to get involved into this and have FOMO syndrom. But that's the crypto world, what can you say, it's kinda tricky to expect that something like this will not happen, is such an open environment filled with so many inexperienced investors.
Just sold the rest of mine BCH for 0.184 btc and have no regrets.
IMHO just a hyip coin
IMHO just a hyip coin
Don't you think that it may be Chinese playing in Korea? I think they want to attract people by increasing the price of BCC. They may have succeed a little. But i think the price is going to fall much more as it was an artificial pump. But i suppose for other coins, it is the same tactic...
For Bithumb, they need some 'coupons' ? And how much is a 'coupon' ? It may have cost them something. Bithumb won't let them play without any return of investment.
For Bithumb, they need some 'coupons' ? And how much is a 'coupon' ? It may have cost them something. Bithumb won't let them play without any return of investment.
I've found a post that seems to explain it well enough. Bithumb allows 0-fee transactions, so they've just sold BCH to themselves.
And the week-end is over, the pump too. BCH is at 0.2BTC now. I'm curious how many got burned during the week-end..
The majority of the trading volume is taking place at Bithumb (Korean exchange).
Therefore the whole price discovery is highly manipulated, because Bithumb
offers account without fees and vouchers that enable zero fee trading.
This enables rampant wash trading by allowing you to buy and sell your own orders without
incurring any fees!
Therefore the whole price discovery is highly manipulated, because Bithumb
offers account without fees and vouchers that enable zero fee trading.
This enables rampant wash trading by allowing you to buy and sell your own orders without
incurring any fees!
And the week-end is over, the pump too. BCH is at 0.2BTC now. I'm curious how many got burned during the week-end..
If you ask me, I don't think it makes a lot of sense if we are talking the BCH pump. I may be wrong on that, and I will readily admit being wrong, but how on earth are traders going to pump Bitcoin Cash that high by simply filling their own orders? Besides, the exchange itself can do exactly the same, fees or no fees, and any exchange can do the same as well. So what's the catch?
I've found a post that seems to explain it well enough. Bithumb allows 0-fee transactions, so they've just sold BCH to themselves.
And the week-end is over, the pump too. BCH is at 0.2BTC now. I'm curious how many got burned during the week-end..
The majority of the trading volume is taking place at Bithumb (Korean exchange).
Therefore the whole price discovery is highly manipulated, because Bithumb
offers account without fees and vouchers that enable zero fee trading.
This enables rampant wash trading by allowing you to buy and sell your own orders without
incurring any fees!
Therefore the whole price discovery is highly manipulated, because Bithumb
offers account without fees and vouchers that enable zero fee trading.
This enables rampant wash trading by allowing you to buy and sell your own orders without
incurring any fees!
And the week-end is over, the pump too. BCH is at 0.2BTC now. I'm curious how many got burned during the week-end..
This is a very good explanation! Freaking Koreans!
The pump looks over right now, but the price is still high. BCH gained lots of attention in the past few days so my guess is that price will still be quite high for a while...not enough to overcome BTC, of course!
I've found a post that seems to explain it well enough. Bithumb allows 0-fee transactions, so they've just sold BCH to themselves.
And the week-end is over, the pump too. BCH is at 0.2BTC now. I'm curious how many got burned during the week-end..
The majority of the trading volume is taking place at Bithumb (Korean exchange).
Therefore the whole price discovery is highly manipulated, because Bithumb
offers account without fees and vouchers that enable zero fee trading.
This enables rampant wash trading by allowing you to buy and sell your own orders without
incurring any fees!
Therefore the whole price discovery is highly manipulated, because Bithumb
offers account without fees and vouchers that enable zero fee trading.
This enables rampant wash trading by allowing you to buy and sell your own orders without
incurring any fees!
And the week-end is over, the pump too. BCH is at 0.2BTC now. I'm curious how many got burned during the week-end..
pump, hard fork, fomo, profits. there you go, all the things happen daily in crypto. this is what free market is when there is no law. so trade at your own risk as usual.
why must surprised with pump and dump scheme ? 
maybe they only took the chance when bitcoin got a lot of unconfirmed transaction and it is chance for miner or trader or someone out there to take profit with BCH, when they already satisfied, it will back to normal rate
BCH is having crazy its value as we know possibly its just hype the price thats why it rising. Yes this is what I believe bch will be back to normal pricing. Still bitcoin will be back to normal also in terms of too long to confirm the transactions. maybe they only took the chance when bitcoin got a lot of unconfirmed transaction and it is chance for miner or trader or someone out there to take profit with BCH, when they already satisfied, it will back to normal rateTons of people are leaning towards BCH because when 2X is cancel, meaning theres no solution for high fees.
This is incorrect. The solution is there just people seem afraid to use it. The number of SegWit transactions is still far too small.
Also, the number of found blocks was rather small in the last 24 hours, at least that's my feeling.
The seasoned members should know that without SegWit the transactions are slower and more expensive. But telling that there's no solution when we know it's there.. means that somebody has interest in advertising ... some altcoin that dreams to replace Bitcoin.
What altcoin do you refer to?
If you mean Bitcoin Cash, many people would see it as another Bitcoin, not an altcoin. If it does replace the original Bitcoin (which I sincerely hope not), people, no doubt, will call it Bitcoin, and personally, I feel they will have all the reasons for that. After all, Bitcoin Cash has common base with the original Bitcoin and Bitcoin holders were given the same number of Bitcoin Cash coins when the latter had been launched.
1 Bithumb DASH/KRW $66,913,200 $429.62 23.84% Recently
Again pump another coin now...
same exchange, I would start suspecting fowl play here...
Again pump another coin now...
same exchange, I would start suspecting fowl play here...
why must surprised with pump and dump scheme ? maybe they only took the chance when bitcoin got a lot of unconfirmed transaction and it is chance for miner or trader or someone out there to take profit with BCH, when they already satisfied, it will back to normal rate
maybe they only took the chance when bitcoin got a lot of unconfirmed transaction and it is chance for miner or trader or someone out there to take profit with BCH, when they already satisfied, it will back to normal rate Tons of people are leaning towards BCH because when 2X is cancel, meaning theres no solution for high fees.
This is incorrect. The solution is there just people seem afraid to use it. The number of SegWit transactions is still far too small.
Also, the number of found blocks was rather small in the last 24 hours, at least that's my feeling.
The seasoned members should know that without SegWit the transactions are slower and more expensive. But telling that there's no solution when we know it's there.. means that somebody has interest in advertising ... some altcoin that dreams to replace Bitcoin.
The bitcoin transaction which stuck in the mempool + Segwit2X cancel lead to these
Tons of people are leaning towards BCH because when 2X is cancel, meaning theres no solution for high fees.
BCH offers 8MB + No Segwit, so... one starts and everyone go
Tons of people are leaning towards BCH because when 2X is cancel, meaning theres no solution for high fees.
BCH offers 8MB + No Segwit, so... one starts and everyone go
I fully agree with you, the future for bitcoin is must have some improvement on the transaction fee and the transaction confirmation speed, at the moment calculates the transaction processing speed of Bitcoins are much slower than working with cash or banking, and transaction fees are not as cheaper
bitcoin cash at top two on coinmarket cap with $40 billion capitalization and now it go down and dumped back from $20 billion capital but it is still high. I think the whales are playing with bitcoin cash right now, Making huge pumps then suddenly dump it when the pump is higher enough for their profit. 
This was a typical pump and dump. Poor souls paid 0.53 BTC for 1 BCH, just to see a dump to 0.25 again. Fresh money has to come from somewhere ...
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I hate to say it, but when I made a Bitcoin Cash transaction yesterday, it went much smoother than Bitcoin transactions. The recommended fee was very low, I even increased it to 0.00005 Bitcoin Cash, and I got the required 20 confirmations in just over an hour. As much as I dislike Bitcoin Cash, this is what Bitcoin needs to be useful.
Not just Bitcoin Cash. Try sending Waves .. it takes seconds. Send IOTA, it takes a minute and costs nothing. These are only a few examples. There are some coins out there where transaction times and fees are at minimum. Yes, scaling is always a problem: However, technologies like IOTA and XRB need MANY transactions to scale, and they get even bigger and better with every transaction more (I am really looking forward when industry players like Siemens, Fujitsu etc. adopt IOTA and allow it to scale)
Exactly. There are hundreds of Altcoins out there with quick and cheap transactions.
the value of BCH is become higher than the usual if you can see it on the market it pumps up into 156% i don't know why and then the bitcoin price becomes low of 8% in the market i guess, theres a magic behind of it and i don't know what's happening in that coin you are lucky if you have that coin and you can sell it on the market with the huge amount of money.
I was still in a little bit shock, can't believed it and almost drop from my chair after i see the sudden huge value increase of bitcoin cash in which i think pump and dump did this. I was thinking if this rapid fast value increase will continue it will surpass the bitcoin because i believed that this dramatic change will attract many investors to shift to BCH considering $1.7k is a cheaper value than bitcoin.I just feel sad for my ethreum in which it drop to third place now and thinking to sell it for bitcoin cash.
Don't take any hasty measures just yet, don't sell those ethereum but hold them or better buy original bitcoin and hold and not BCC because it is likely to fall back to where t belongs very soon after bitcoin recovers in value.
The bitcoin transaction which stuck in the mempool + Segwit2X cancel lead to these
Tons of people are leaning towards BCH because when 2X is cancel, meaning theres no solution for high fees.
BCH offers 8MB + No Segwit, so... one starts and everyone go
Tons of people are leaning towards BCH because when 2X is cancel, meaning theres no solution for high fees.
BCH offers 8MB + No Segwit, so... one starts and everyone go
the value of BCH is become higher than the usual if you can see it on the market it pumps up into 156% i don't know why and then the bitcoin price becomes low of 8% in the market i guess, theres a magic behind of it and i don't know what's happening in that coin you are lucky if you have that coin and you can sell it on the market with the huge amount of money.
I was still in a little bit shock, can't believed it and almost drop from my chair after i see the sudden huge value increase of bitcoin cash in which i think pump and dump did this. I was thinking if this rapid fast value increase will continue it will surpass the bitcoin because i believed that this dramatic change will attract many investors to shift to BCH considering $1.7k is a cheaper value than bitcoin.I just feel sad for my ethreum in which it drop to third place now and thinking to sell it for bitcoin cash.
I don't understand how some people can still say Bitcoin doesn't need scaling. All this madness could have been prevented if Bitcoin would have scaled earlier, which makes me thing many people profit keeping blocksize down
Yesterday, I saw a thread here where it linked an article proving that the spike in transaction volumes is not natural and is artificially created by miners seeking either to destroy Bitcoin or raise transaction fees as they have been doing all these years. Transaction jams are not something new, anyway. Ironically, it is the same miners who are strongly opposing the changes in Bitcoin that would make it truly scalable. Bitcoin Cash is a joke or a bogey to scare people off from getting genuine Bitcoin.
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