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Topic: Who is pumping Bitcoin Cash? (Read 3474 times)

member
Activity: 78
Merit: 10
November 15, 2017, 01:08:34 AM
Wish I could have a 20 minute chat torture session with Roger to find out the complete plan Grin
full member
Activity: 448
Merit: 100
Diagon
November 14, 2017, 10:34:45 AM
They canceled the segwit2x, advertised BCH, while the weekend made pump BCH in the thin market, threw the miners from BTC to BTH, spoiled BTC transactions increasing the number of unconfirmed

In short, the story is going on right now
legendary
Activity: 1652
Merit: 1088
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November 14, 2017, 10:24:07 AM
People like Roger Ver that want to lift on the succes of Bitcoin.
They are trying to substitute Bitcoin core by spamming the network and doing controlled pumps.
This will make BCH more profitable to mine, so a lot of core miners will mine BCH which slows down the transaction times of BTC network. This causes high transaction fees and basically and unattractive coin to use for micro payments.


Mining pools who are recently swapped to BCH to mine it when the bitcoin is the good rate. Because of the miners movement I see that bitcoin value started dumping in the chart and BCH is bumping but I think soon they will return to bitcoin. When they are mining bitcoin also they were getting the decent profit only. Really confuse that they move to BCH and bumping that. Stupid miners.
Its nothing strange that miners are driven by profits, you may say they are short-sighted, but they are not stupid, i think if btc community cant balance the interests of all parties, such things will appear more than once

This. They are mean't to be driven by profits, they arn't charities.

Lots of the people moaning about them could easily start their own mining pools. No wait, they can't because it's too expensive, especially the electricity.
full member
Activity: 280
Merit: 100
November 14, 2017, 09:48:55 AM
People like Roger Ver that want to lift on the succes of Bitcoin.
They are trying to substitute Bitcoin core by spamming the network and doing controlled pumps.
This will make BCH more profitable to mine, so a lot of core miners will mine BCH which slows down the transaction times of BTC network. This causes high transaction fees and basically and unattractive coin to use for micro payments.


Mining pools who are recently swapped to BCH to mine it when the bitcoin is the good rate. Because of the miners movement I see that bitcoin value started dumping in the chart and BCH is bumping but I think soon they will return to bitcoin. When they are mining bitcoin also they were getting the decent profit only. Really confuse that they move to BCH and bumping that. Stupid miners.
Its nothing strange that miners are driven by profits, you may say they are short-sighted, but they are not stupid, i think if btc community cant balance the interests of all parties, such things will appear more than once
full member
Activity: 126
Merit: 100
November 14, 2017, 09:44:29 AM
the same people who pump Bitcoin
politicians probably most
legendary
Activity: 1372
Merit: 1005
November 14, 2017, 09:35:54 AM
People like Roger Ver that want to lift on the succes of Bitcoin.
They are trying to substitute Bitcoin core by spamming the network and doing controlled pumps.
This will make BCH more profitable to mine, so a lot of core miners will mine BCH which slows down the transaction times of BTC network. This causes high transaction fees and basically and unattractive coin to use for micro payments.


Mining pools who are recently swapped to BCH to mine it when the bitcoin is the good rate. Because of the miners movement I see that bitcoin value started dumping in the chart and BCH is bumping but I think soon they will return to bitcoin. When they are mining bitcoin also they were getting the decent profit only. Really confuse that they move to BCH and bumping that. Stupid miners.
sr. member
Activity: 728
Merit: 264
November 14, 2017, 09:23:58 AM
i bet miner pools especially asian pools are pumping its value to gain so much. And the whales are pumping this to sold to the other investors to realize their gains also.  I want to sell a half of my bch
member
Activity: 62
Merit: 10
November 14, 2017, 09:17:01 AM
Investors from China are holding the most bitcoins and these investors are also dominating the crypto market. The changes in the value of coin during this time have the hand of the Chinese investors.
sr. member
Activity: 518
Merit: 268
November 14, 2017, 08:56:29 AM
People like Roger Ver that want to lift on the succes of Bitcoin.
They are trying to substitute Bitcoin core by spamming the network and doing controlled pumps.
This will make BCH more profitable to mine, so a lot of core miners will mine BCH which slows down the transaction times of BTC network. This causes high transaction fees and basically and unattractive coin to use for micro payments.
sr. member
Activity: 476
Merit: 278
November 14, 2017, 08:50:26 AM
i think they are a group which doing pumping bitcoin cash and finally its attract many traders to follow their trades and they still pumping until the price reach 0.5 btc. but after that, the price is getting dump so hard and now the price is around 0.19 btc. yesterday many traders following the pump and i am sure that they made a lot of profit from this.

Or losing on this one. The last time I checked the price is just above $1000 but a few days back its been pumped hard that I though it reaches $2000 correct me If I'm wrong. But its just temporary pump because today  the price is having a roller coaster ride, sometimes you will see that the rice is up,  then a massive dump, Obviously people who are behind this pump are taking huge amount of profits while those who bought at the top is losing.

Jihan Wu and Roger Ver will lose this big game, it seems.
Sure they will,they allready won way harder then we can imagine.Their own private coin was pumped hard and after cashing out on it they bought cheap btc,how is this lose for them....
hero member
Activity: 1260
Merit: 524
November 14, 2017, 07:17:15 AM
Why Bitcoin cash is having such price variations in a single day? It almost double this day...

Who is pumping this coin?

It does not make any sense!!!

The developer and the whales who have been buying bcc/bch and have pumped it so that others get panic when btc price is crashed and only bcc/bch price has been pumped heavily and now see it is dumped hard and still it will go more down.
full member
Activity: 280
Merit: 100
November 14, 2017, 07:16:30 AM
#99
i think they are a group which doing pumping bitcoin cash and finally its attract many traders to follow their trades and they still pumping until the price reach 0.5 btc. but after that, the price is getting dump so hard and now the price is around 0.19 btc. yesterday many traders following the pump and i am sure that they made a lot of profit from this.

Or losing on this one. The last time I checked the price is just above $1000 but a few days back its been pumped hard that I though it reaches $2000 correct me If I'm wrong. But its just temporary pump because today  the price is having a roller coaster ride, sometimes you will see that the rice is up,  then a massive dump, Obviously people who are behind this pump are taking huge amount of profits while those who bought at the top is losing.

Jihan Wu and Roger Ver will lose this big game, it seems.
hero member
Activity: 2870
Merit: 594
November 14, 2017, 06:50:53 AM
#98
i think they are a group which doing pumping bitcoin cash and finally its attract many traders to follow their trades and they still pumping until the price reach 0.5 btc. but after that, the price is getting dump so hard and now the price is around 0.19 btc. yesterday many traders following the pump and i am sure that they made a lot of profit from this.

Or losing on this one. The last time I checked the price is just above $1000 but a few days back its been pumped hard that I though it reaches $2000 correct me If I'm wrong. But its just temporary pump because today  the price is having a roller coaster ride, sometimes you will see that the rice is up,  then a massive dump, Obviously people who are behind this pump are taking huge amount of profits while those who bought at the top is losing.
newbie
Activity: 41
Merit: 0
November 14, 2017, 06:31:51 AM
#97
Miners are switching from BTC to BCH:

https://fork.lol/pow/hashrate

BCH is implementing a change to the difficulty adjustment algorithm on Nov 13 that will do a better job of maintaining 10 minute block times regardless of mining power:

https://www.coindesk.com/bitcoin-cash-developers-set-date-november-hard-fork/

https://www.yours.org/content/deadalnix-s-difficulty-algorithm-explained-ac50eb2b1f16/

BTC holders are dumping BTC and buying BCH. BTC has lost $26Bil in a week, BCH has gained $20bil in the same time. Price is rising rapidly. Miners are finally going to flock to BCH because there will be more stability in block times and less volatility for them. BTC is grinding to a halt with long block times and unconfirmed transactions.

https://bitcoinandtheblockchain.blogspot.com/2017/08/chain-death-spiral-fatal-bitcoin.html

I understand your point, but this rise in such little time is very suspicious.
Also does not explain, why BCH went from $2,800 to $1,500 in 30 minutes (https://imgur.com/a/VQiYi), when korean exchanges were down. No pumps were possible.

The whales are playing with Bitcoin Cash. They take advantage that sewgit2x cancelled to make profit with a coin everyone think will replace bitcoin.
member
Activity: 78
Merit: 10
November 14, 2017, 06:25:04 AM
#96
Of course is the owner of BCH, I'm sure their mission is to be number 1 and beat bitcoin, I also feel the benefits of this pump and get a profit even if only have a little. I wish there was a bigger BCH pump.

I think you're missing my point.   If the idea is to be number 1 then you would have a good product in place that was sustainable far into the future (think visa transaction volumes).   You would also not create a market scenario where your coin and all other cryptocurrencies are perceived as volatile gambling.   You turn your coin from a blue shark in the open sea - not to a white shark - but to a goldfish in a bowl.

I agree they want to beat bitcoin and all other decentralised coins, they want to beat them into the ground.
sr. member
Activity: 504
Merit: 252
November 14, 2017, 05:05:16 AM
#95
Of course is the owner of BCH, I'm sure their mission is to be number 1 and beat bitcoin, I also feel the benefits of this pump and get a profit even if only have a little. I wish there was a bigger BCH pump.
legendary
Activity: 2674
Merit: 1226
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November 14, 2017, 04:38:09 AM
#94
BCH being promoted as: "in the best interests of businesses and retail users" by the same group that is disrupting the crypto market doesn't make sense.     No retailer is going to go for BCH or any crypto for quite a while now,  By that time, it will become common knowlrdge that BCH is not sustainable in the long run.

Call me a conspiratory theorist but there is more to this than meets the eye.

I believe bitcoin is a grave threat to the centralised banking system.   They have the most to loose if bitcoin survives long term.

Sure Ver et all can make some money form this pump and dump but its not really about BCH, it's about who controls the number one bitcoin.

I expect there to be a lot more FUD going around and things will get rougher.

Keep an eye on DCG and the upcoming futures exchange CME .   The future exchanges are the ones that have made gold price rigging common practice.   The banks get caught, slapped wrist, pay a tiny fine and go and do it again.

Exactly right. It has now been 3 and a half months since Bitcoin Cash launched. Not even counting all the marketing done before the launch, has anyone actually seen any merchant accepting BCH? Has anyone seen a signature campaign paying in BCH? Has anyone even seen a dice site letting you deposit BCH?

The best interests of people are served when the people are using it. It is not in their interest at all to migrate from a stable Bitcoin to a Bitcoin Cash that seems to be having equihash problems even so early on.

The only interest BCH is serving now is obvious.
member
Activity: 78
Merit: 10
November 14, 2017, 03:34:58 AM
#93
BCH being promoted as: "in the best interests of businesses and retail users" by the same group that is disrupting the crypto market doesn't make sense.     No retailer is going to go for BCH or any crypto for quite a while now,  By that time, it will become common knowlrdge that BCH is not sustainable in the long run.

Call me a conspiratory theorist but there is more to this than meets the eye.

I believe bitcoin is a grave threat to the centralised banking system.   They have the most to loose if bitcoin survives long term.

Sure Ver et all can make some money form this pump and dump but its not really about BCH, it's about who controls the number one bitcoin.

I expect there to be a lot more FUD going around and things will get rougher.

Keep an eye on DCG and the upcoming futures exchange CME .   The future exchanges are the ones that have made gold price rigging common practice.   The banks get caught, slapped wrist, pay a tiny fine and go and do it again.
hero member
Activity: 765
Merit: 500
November 14, 2017, 03:25:31 AM
#92
i think they are a group which doing pumping bitcoin cash and finally its attract many traders to follow their trades and they still pumping until the price reach 0.5 btc. but after that, the price is getting dump so hard and now the price is around 0.19 btc. yesterday many traders following the pump and i am sure that they made a lot of profit from this.

maybe many of people to buy bitcoin cash because the hardfork tomorrow.
need a lot of money to pump bitcoin cash. we dont know that wo is pump BCH.
full member
Activity: 396
Merit: 106
November 14, 2017, 03:22:34 AM
#91
Whale, who else? Attack the BTC with small transactions and pump BCH up at the same time.
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