Why bitcoin cash Pumping ?? - page 2.

b3llsf1l3s

member

Activity: 616

Merit: 12

Send&Receive Money Instantly, w/ no hidden costs

Quote from: lrvjvt on December 20, 2018, 03:43:50 AM

This is just a war between 2 whales. For ordinary investors, it is best to stay away from these awkward things, otherwise we may also be hurt.
Both ABC and SV are pumping from this market and trying to crush each other. I don't think this is a good thing for the development of crypto.

in my opinion if there is competition between two whales it won't make a pump, instead a dump will occur, because both of them will try to drop each other. But it is true that any competition that occurs in crypto always ends up being unhealthy and this makes crypto get a bad stigma

Kryten12

member

Activity: 448

Merit: 15

TREEBLOCK

The 2 variants of Bitcoin cash are putting back on some of their heavily cut value in the past few days same as Bitcoin and Ethereum. Bitcoin cash is gaining more at the moment as the hard fork and subsequent hashing war had a bigger effect on the drop in value than the wider market.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: gowobonyok on December 20, 2018, 08:34:11 PM

already common, if the hardfork process is complete, the coin will experience a pump. but it still impacts on other coins that are not currently pumping.

The hard fork was already complete and yet the pump happened after that.

I don't think there's connection to it but it seems that the two fork coins are still competing base on the prices. They have been pumping all day long and if this will continue up they reach $1,000, well that's impressive but still not buying them.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: Herbert2020 on December 20, 2018, 03:38:30 AM

bitcoin cash and bitcoin cash abc are the same thing.

and it is not pumping, it is just the bitcoin effect when bitcoin rises after a long fall which altcoins also followed, they will also recover their big falls a little bit.
additionally like any other altcoin when they get dumped a lot after the dump is over there is a bigger recovery than usual but that doesn't mean it is pumping. it may lead to a pump later if they decide to inject some money out of their pockets into the market.

Bitcoin cash has gone up 50% in the last 24 hours so that qualifies as pumping even if bitcoin is one of the important reasons of why that is happening, but I really think that bitcoin cash is a coin that is heavily manipulated, of all the coins at the top 10 that I watch bitcoin cash is the only one that has movements that are so sudden and violent.

gowobonyok

jr. member

Activity: 490

Merit: 2

already common, if the hardfork process is complete, the coin will experience a pump. but it still impacts on other coins that are not currently pumping.

bananaunana

member

Activity: 329

Merit: 22

BCash is already very damaged. Who knows if BCH will not fork again and have another hash-war if some members of the team do not agree to development. Starting always forks when you disagree isn't a solution and will split value of the forked coin.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

No news found but maybe tomorrow there's a surprising article of the reason.

This is a typical pump and dump so be careful if you'll feel FOMO with this coin.

10BTCaDay

full member

Activity: 770

Merit: 100

Oikos.cash | Decentralized Finance on Tron

still in process. there is a war between these two projects and Roger’s team is winning right now, but it seems to me that nothing good will be in the end

lrvjvt

member

Activity: 140

Merit: 17

Fast, Smart, Trustworthy

This is just a war between 2 whales. For ordinary investors, it is best to stay away from these awkward things, otherwise we may also be hurt.
Both ABC and SV are pumping from this market and trying to crush each other. I don't think this is a good thing for the development of crypto.

Herbert2020

legendary

Activity: 1946

Merit: 1137

bitcoin cash and bitcoin cash abc are the same thing.

and it is not pumping, it is just the bitcoin effect when bitcoin rises after a long fall which altcoins also followed, they will also recover their big falls a little bit.
additionally like any other altcoin when they get dumped a lot after the dump is over there is a bigger recovery than usual but that doesn't mean it is pumping. it may lead to a pump later if they decide to inject some money out of their pockets into the market.

X-ray

hero member

Activity: 2996

Merit: 524

Leading Crypto Sports Betting & Casino Platform

Quote from: niisarearning on December 20, 2018, 02:25:09 AM

Last two days i am checking crypto market to make my come back to crypto world . Based on my understanding BCH splits to two currency bitcoin SV and BitcoinCash ABC . Now i couldn't able to find Bitcoincash ABC in coin market cap . Instead BCH is pumping . Could somebody summarise the scenario After fork what actually happened . Thanks in advance

Bitcoin ABC has been merged with bitcoin CASH, if you are seeing bitcoin cash on the market means if you see the bitcoin ABC too. You can still find ABC on CMC but it's already dead because it has merged with BCH.
https://coinmarketcap.com/currencies/bitcoin-cash-abc/#charts

niisarearning

sr. member

Activity: 910

Merit: 252

Last two days i am checking crypto market to make my come back to crypto world . Based on my understanding BCH splits to two currency bitcoin SV and BitcoinCash ABC . Now i couldn't able to find Bitcoincash ABC in coin market cap . Instead BCH is pumping . Could somebody summarise the scenario After fork what actually happened . Thanks in advance

Topic: Why bitcoin cash Pumping ?? - page 2. (Read 393 times)