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Topic: Who is pumping Bitcoin Cash? - page 5. (Read 3516 times)

full member
Activity: 1638
Merit: 122
November 11, 2017, 12:47:01 AM
#30
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!!!

i believe there were some group of people that pump it because they think that bitcoincash is just better than bitcoins because of many reasons. and also some whales and team/developers of bitcoincash are also behind on this plan but whatever happens, im still on bitcoins and many people are still believes on the power of bitcon. bitcoin is the original and others are just copy paste.
full member
Activity: 840
Merit: 106
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November 10, 2017, 11:54:41 PM
#29
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!!!

bitcoin prices go up because many buy bitcoin and if bitcoin prices drops as buyers bitcoin slightly. I think bitcoin prices will continue to rise as more and more people are familiar with bitcoin. investors are also getting more and more, this will make bitcoin go up.
member
Activity: 112
Merit: 12
November 10, 2017, 11:48:26 PM
#28


I’ve been reading the different posts opened about the subject on this forum and it’s surprising to me that nobody is commenting about what you say.
 
No scalation means that bitcoin won’t become mainstream because of the vast amount of energy needed to do so. This keeps bitcoin far away from Satoshi’s idea of a p2p electronic cash system. I don’t know if hardware upgrades could significantly help, though, as it already happened.

Since I began understanding bitcoin and cryptos world I thought that bitcoin would be the new gold, as it would be used as a store of value, and there would be another or other alts that would be used as the new cash, electronic one. However, that might not be the case, and maybe only those coins able to be used as cash, with fast transactions and low fees, will remain.


BTC is a store of value, "RICH MANS GOLD"

The poor can use BTC-z bitcoin-z, 25billion, cash of the poor

One shoe doesn't not fit all rich & poor

SHIT-COIN is very thinly traded amongst nerds, one of these shit-coins will eventually be adopted, most 3rd world country's now use 'phone credit' as money to transfer buy&sell.


***

Just two days ago SEGWIT2 was declared dead!

Why? Because the 'experts' & bitcoin-core ppl now realize that Satoshi was right, that there is NO way in hell you can herd a bunch of cat's especially 51%, when there are millions of cats in a open desert.

All forks are dead,

WRT to the argument about fee's, slow transactions, ...

Fee's are a problem, but U don't have to pay the fee, and if you just wait until the next block u go into the front of queue,

Slow-transactions, again these are problems of fools, certainly 10 minutes or 2 hours is not bad if your moving $1M USD from a to b, what's the hurry?

WRT to buying coffee, well then use BTC-Z, its a penny coin that is essentially 100% BTC with equihash (GPU),

I think BTC will continue to be a 'rich mans' coin, no way in hell the average joe can own a coin, no more than the average joe can own an ounce of gold,

The average american don't have $500 USD in the bank, who in the hell is fooling who here?

NO BTC fork will ever get the 51% consensus, the writing is on the wall.

New Forks, or clones have to be VERY GOOD in order to surpass BTC, very good.

PPL forget these debates are not new, back in the 1990's or 1980's with PC's it was first that mattered, and best, and fastest, you had to be one of the three to be a king,

Same now BTC was first, and there they will stay, as for next tier u must be "BEST" who that be? Fastest again, as all is just a cheap clone, ...

I think 2nd gen BTC will come from somebody who rolls a new block-chain paradigm from scratch and resolves all the problems,

For now BTC will be the MODEL-T, perhaps it will have a 20+ year life, ... who knows, most likely it will become the rich mans gold,

Missing for most people is 'privacy', only they say Monero offers privacy, but it doesn't, thus IMHO the next COIN for the rich will be ...


1.) Fast
2.) Best
3.) Privacy, nobody knows, no public ledger, nobody knows whos rich
4.) untouchable by GOV, not even the NSA can break

Doing 1-4 above will require a team of people who are not sucking NSA cock, or being spoon fed by CIA, or MOSSAD.

Almost all coin including BITCOIN is uncomfortably too close to NSA, same for Monero and its questionable choice of EDSCA integers

IMHO the next BTC will come from some kid in Mexico or Laos, on his PC running his GPU, and he'll develop an ALGO that satisfy's 1-4

The problem with all coin to date, is that it all has vested interest by the "Powers that Be"

Take BITCOIN-GOLD, just a worthless piece of shit, but being pumped by richest guys in china, russia, and bulgaria, ... go figure; None of these are giving the little people what they need & want.

Once again, lets remind all of Satoshi's Vision.

1.) Free banking for all on earth

2.) little to no fee

3.) no transaction cost

4.) anonymous, nobody knows who has money and where

5.) no theft, nobody can steal your money

All governments on earth are organized criminals intent on robbing the sheep, thus the GUYS/GALS to who satisfy the needs of the sheep will NOT come from the status-quo educated elite.
jr. member
Activity: 50
Merit: 1
November 10, 2017, 11:39:53 PM
#27
I think so who makes the BCH pumping but we can take to the advantage of the BCH price increase, the moment that the fastness can so make to our advantage increases.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
November 10, 2017, 11:31:11 PM
#26
So much denial and ignorance about what is happening here.

Bitcoin Cash is exploding because 2x failed.  

Why?  

Because it means bitcoin core chain will not scale.  It's freaking simple.

Bitcoin Cash is going to have lower fees, faster confirmations, and its going
to be more usable.

Bitcoin Core has chosen to relegate itself to a store of value only,
which is dubious.  ...Or bet on some future off chain scaling that is
just as shaky.




I’ve been reading the different posts opened about the subject on this forum and it’s surprising to me that nobody is commenting about what you say.
 
No scalation means that bitcoin won’t become mainstream because of the vast amount of energy needed to do so. This keeps bitcoin far away from Satoshi’s idea of a p2p electronic cash system. I don’t know if hardware upgrades could significantly help, though, as it already happened.

Since I began understanding bitcoin and cryptos world I thought that bitcoin would be the new gold, as it would be used as a store of value, and there would be another or other alts that would be used as the new cash, electronic one. However, that might not be the case, and maybe only those coins able to be used as cash, with fast transactions and low fees, will remain.
member
Activity: 78
Merit: 10
November 10, 2017, 10:41:18 PM
#25
I'm also a bit confused why this is happening.

I was totally convinced that I had it worked out:   Segwit2x was a feint in order to take mining power off the bitcoin chain but the real point was to make BCH shine

To this end, I hedged buy buying some BCH.    When I heard that the fork had been called off, I thought that the 'take over' attempt had been abandoned so I dumped BCH immediately.  C'est la vie!!

Now it seems they are pumping BCH, regardless of the failure of the first part of their two pronged attack.   I didn't see that they would succeed in the first place.   Now with the community far more aware of what is going on I think they have much less chance of success.

Ver and Wuhan - too much money too quick, they have become legends and gods in their own minds!  They won't become poor but I think they are throwing a lot of money down the drain with this tactic.

What next - always high drama in the crypto world!!!

KEEP BITCOIN SAFE - KEEP IT DECENTRALIZED
legendary
Activity: 1148
Merit: 1048
November 10, 2017, 10:35:36 PM
#24
There is no big puzzle about this. Bitcoincash is going to do a consensus fork on November 13th to fix it's emergency difficuloty adjustment and make it less volatile.

They're pumping the coin to ensure that it is still worth mining when the fork happens.
At least they have a community effort to make BCH something worth mining, if we had something like that happening with Bitcoin it would be a giant clusterfuck until the fork came around.

I don't know why there are some people that are so dedicated to making BCH viable, it's a weak (until recently) coin that was riding off of the main chain until people started to dumb retard amounts of money into it. It's not like it matters to me that much, but it seems surprising that anyone would want to be this committed to involving themselves in BCH. But it's their money and their community, good for them if it is taking off like that.

 im thinking someone is trying to kick start adoption by using market conditions to make BCH a bit more attractive than it is. notice the timing of this extreme bump in price, and notice the severity of the bump. im curious to see if the mining capacity picks up as well on bch Wink but this seems like a ploy; i dont think this will be a short term play however. mr wu is still probably wanting bch to garner more adoption than BTC, this is the perfect storm of bullshit that can foster than change, or move us closer towards it.

i will start to get concerned when I see btc lose market cap to bch. that, might be an issue Wink
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
November 10, 2017, 10:16:47 PM
#23
So much denial and ignorance about what is happening here.

Bitcoin Cash is exploding because 2x failed.  

Why?  

Because it means bitcoin core chain will not scale.  It's freaking simple.

Bitcoin Cash is going to have lower fees, faster confirmations, and its going
to be more usable.

Bitcoin Core has chosen to relegate itself to a store of value only,
which is dubious.  ...Or bet on some future off chain scaling that is
just as shaky.


legendary
Activity: 1218
Merit: 1007
November 10, 2017, 10:08:31 PM
#21
There is no big puzzle about this. Bitcoincash is going to do a consensus fork on November 13th to fix it's emergency difficuloty adjustment and make it less volatile.

They're pumping the coin to ensure that it is still worth mining when the fork happens.
At least they have a community effort to make BCH something worth mining, if we had something like that happening with Bitcoin it would be a giant clusterfuck until the fork came around.

I don't know why there are some people that are so dedicated to making BCH viable, it's a weak (until recently) coin that was riding off of the main chain until people started to dumb retard amounts of money into it. It's not like it matters to me that much, but it seems surprising that anyone would want to be this committed to involving themselves in BCH. But it's their money and their community, good for them if it is taking off like that.
jr. member
Activity: 57
Merit: 1
November 10, 2017, 10:07:39 PM
#20
There is no big puzzle about this. Bitcoincash is going to do a consensus fork on November 13th to fix it's emergency difficuloty adjustment and make it less volatile.

They're pumping the coin to ensure that it is still worth mining when the fork happens.

One fix causes this impact. Wow!!!

Lets wait for the next Ethereum hard fork...
legendary
Activity: 1652
Merit: 1088
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November 10, 2017, 09:43:04 PM
#19
There is no big puzzle about this. Bitcoincash is going to do a consensus fork on November 13th to fix it's emergency difficuloty adjustment and make it less volatile.

They're pumping the coin to ensure that it is still worth mining when the fork happens.
full member
Activity: 196
Merit: 109
November 10, 2017, 09:33:00 PM
#18
Have you guys not noticed a lot of Bitcoin transactions are stuck since the beginning of the week?
Some people had 0 confirmation 24 hours after they send a payment (with the standard blockchain.info fee). Block size becoming a problem?
We know how powerful Bitcoin Cash can be when it comes to block size.
Bitcoin better moves forward if it does want to become obsolete in the near future...
jr. member
Activity: 57
Merit: 1
November 10, 2017, 09:28:22 PM
#17

Part of that is because the market is relatively small, and there are still a significant number of large holders.

The same thing happens in regulated stock markets. You have some smaller stocks that are relatively easy for gangs of manipulators to pump.

The key is just to understand that if you're not in on the pump, you need to be very careful about trying to get in. Also, watch order books, even if many orders aren't on them.

I know it happens in regulated stock markets, but it causes distortions and economical crisis. Crypto currency can do it better and fight this.
Probably, order books could be somehow processed and correlated to detect price manipulation. Make these alerts more visible to everyone.

Can exchanges do something to mitigate price manipulation ?
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
November 10, 2017, 08:47:16 PM
#16
Price manipulation is still a great problem in crypto currency market.  

Part of that is because the market is relatively small, and there are still a significant number of large holders.

The same thing happens in regulated stock markets. You have some smaller stocks that are relatively easy for gangs of manipulators to pump.

The key is just to understand that if you're not in on the pump, you need to be very careful about trying to get in. Also, watch order books, even if many orders aren't on them.
full member
Activity: 280
Merit: 100
November 10, 2017, 08:46:29 PM
#15
bitcoin gold

Just wait for Bitcoin Silver and Bitcoin Rareminerals or whatever to appear after that,

at some point enough is enough and the damage done to the entire Bitcoin brand and ecosystem will be too severe.

At some point one just can not take this crap serious anymore.
full member
Activity: 552
Merit: 110
November 10, 2017, 08:43:31 PM
#14
I have a sneaking suspicion that one or more of the developers of Bitcoin Cash have some sway over
Coin Telegraph. See articles below. Does anyone know who is behind Coin Telegraph website or if anyone
connected to Bitcoin Cash has sway over the owner of that news site?

https://cointelegraph.com/news/bitcoin-reaches-end-of-an-era-expert-blog
https://cointelegraph.com/news/bitcoin-classic-shuts-down-as-staff-claim-bitcoin-cash-will-rule-in-6-months
legendary
Activity: 2688
Merit: 1106
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November 10, 2017, 08:39:52 PM
#13
What's happening at present seems to be the price manipulation to make the alternate network strong as the core asset bitcoin. Else however market fluctuates such a growth with an altcoin is something unexpected. Now people would start investing on bitcoin gold as well expecting the same.
jr. member
Activity: 57
Merit: 1
November 10, 2017, 08:33:49 PM
#12
Price manipulation is still a great problem in crypto currency market.  
hero member
Activity: 2604
Merit: 816
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November 10, 2017, 08:30:49 PM
#11
i think we can only guessing for people which doing pumping bitcoin cash because we really don't know who is the pumper and we can only enjoy the ride. I think it will be good for us if we can make profit from the pumping and make sure that we can sell in high price and if the price is up and down too often then its mean we can do scalping but always remember to analyze before buy something and try to take a look the order buy and order sell.
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