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Topic: why is bitcoin cash rising all of a sudden? is it killing original bitcoin? - page 2. (Read 1930 times)

hero member
Activity: 2926
Merit: 722
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I see that bitcoin cash is rising dramatically topping Ripple volume.
why is it happening?
It is already going down as of now and the drama and the hype is already settled as we can see the price is already decreasing and now bitcoins price is gradually increasing again which means profit takers did already make their move and for those people who did get in on late for sure do have the dilemma on how they would get out specially if they are already on negative floating. No one can kill bitcoin even if its price do decrease but later on it does recover again.
hero member
Activity: 1358
Merit: 834
I see that bitcoin cash is rising dramatically topping Ripple volume.
why is it happening?
Well, why are you so surprised by this situation? Everything in the old scheme, the coin raised, earned money and lowered back. Everything is standard

It's all about miners, difficulty and profit between bitcoin and bitcoincash. As both of them have same algorithm and devices for mining, bitcoincash is the real competitor of bitcoin.
Real competitor BTC in terms of shilling. Try to do research who is behind BCH and people supporting it. BCH price behavior is totally manipulated. They use the opportunity of the Segwit2x cancellation of fork to gain attention by means of FUD news. And now bitcoin network is overloaded by small size transaction which in my opinion setup intentionally to hurt BTC.
The people behind Bitcoin Cash are actually the ones who cancelled SegWit2x to attack Bitcoin Core.
legendary
Activity: 1148
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I see that bitcoin cash is rising dramatically topping Ripple volume.
why is it happening?
Well, why are you so surprised by this situation? Everything in the old scheme, the coin raised, earned money and lowered back. Everything is standard

It's all about miners, difficulty and profit between bitcoin and bitcoincash. As both of them have same algorithm and devices for mining, bitcoincash is the real competitor of bitcoin.
Real competitor BTC in terms of shilling. Try to do research who is behind BCH and people supporting it. BCH price behavior is totally manipulated. They use the opportunity of the Segwit2x cancellation of fork to gain attention by means of FUD news. And now bitcoin network is overloaded by small size transaction which in my opinion setup intentionally to hurt BTC.
hero member
Activity: 1358
Merit: 834
I see that bitcoin cash is rising dramatically topping Ripple volume.
why is it happening?
Well, why are you so surprised by this situation? Everything in the old scheme, the coin raised, earned money and lowered back. Everything is standard

It's all about miners, difficulty and profit between bitcoin and bitcoincash. As both of them have same algorithm and devices for mining, bitcoincash is the real competitor of bitcoin.
It's all about Bitmain and Roger Ver manipulating the market price of Bitcoin Cash.
sr. member
Activity: 1932
Merit: 300
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I see that bitcoin cash is rising dramatically topping Ripple volume.
why is it happening?
Well, why are you so surprised by this situation? Everything in the old scheme, the coin raised, earned money and lowered back. Everything is standard

It's all about miners, difficulty and profit between bitcoin and bitcoincash. As both of them have same algorithm and devices for mining, bitcoincash is the real competitor of bitcoin.
full member
Activity: 364
Merit: 100
“Create Your Decentralized Life”
I see that bitcoin cash is rising dramatically topping Ripple volume.
why is it happening?
Well, why are you so surprised by this situation? Everything in the old scheme, the coin raised, earned money and lowered back. Everything is standard
hero member
Activity: 1358
Merit: 834
bitcoin cash is rising suddenly because it is being pumped by all big whales, who want to rise bitcoin cash to peak and sell to gain high profiit, this trend does not last for long, because when the big whales dump bitcoin cash, its price will drop back again.
It already crashed really hard. Time will tell if it'll manage to stay above $1k.
member
Activity: 237
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bitcoin cash is rising suddenly because it is being pumped by all big whales, who want to rise bitcoin cash to peak and sell to gain high profiit, this trend does not last for long, because when the big whales dump bitcoin cash, its price will drop back again.
full member
Activity: 672
Merit: 100
I think it was a drama set up to destroy the bitcoin they used to earn cash to pour into bitcoin cash and called the miners to dig up bitcoin cash and prevent bitcoin segwit2x
hero member
Activity: 1358
Merit: 834
Look! the price is dumping. and looks like people spreading disinformation about bitcoin cash, that's really bad idea!

There's no relation between Bitcoin and Bitcoin Cash in terms of values. They have their own path and dump-pump concepts. Bitcoin Cash' sudden price hike is due to shifting support of a large scale miners from Bitcoin into Bitcoin Cash but that doesn't mean Bitcoin's network is crippled due to an event but the case maybe in favor to Bitcoin Cash by now but the sudden Price hike is a good proof that any altcoin can have a good future and be the next Bitcoin.
Really no shifting support. Miners mine what is most profitable. And the market manipulation from Bitmain and Roger Ver made it appear as if BCH was more profitable for a very brief moment. Now Bitcoin is 2,7 times more profitable again and even Bitmain (the leader of BCH) shifted back to BTC.
full member
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Look! the price is dumping. and looks like people spreading disinformation about bitcoin cash, that's really bad idea!

There's no relation between Bitcoin and Bitcoin Cash in terms of values. They have their own path and dump-pump concepts. Bitcoin Cash' sudden price hike is due to shifting support of a large scale miners from Bitcoin into Bitcoin Cash but that doesn't mean Bitcoin's network is crippled due to an event but the case maybe in favor to Bitcoin Cash by now but the sudden Price hike is a good proof that any altcoin can have a good future and be the next Bitcoin.
hero member
Activity: 1358
Merit: 834
It's a very complex attack on Bitcoin by the Bitcoin Cash team.

They are using their massive amounts of both Bitcoin and Bitcoin Cash to flood and congest the Bitcoin Core blockchain to decrease the speed and increase its fees.

At the same time they bought their own Bitcoin Cash to increase the price and trigger a wave of FOMO.

There are also a lot of shills going around spreading lies in hopes of making profits on this attack. It's basically the digital age equivalent of an on-going coup d'etat.

Don't support Bitcoin Cash if you believe in the true vision of Satoshi, which was to decentralize power.

100% agree
But Bitcoin Cash has 8MB block size. Doesn't it make it superior from efficiency perspective?
8MB block size is just a bandaid fix. Proper solutions can't be rushed and Core will do just fine.
member
Activity: 490
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Bitcoin cash is just altcoin its come after bitcoin hard fork. So it can't cross bitcoin, 
Bitcoin Surviving in 9 years So obviously bitcoin hold his 1st position.
member
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It's just a pump, relax, guyz. It's way easier to apply hardfork to the BTC than replacement by BTC cash. Some people earned a good number of easy BTC by that pump by the way.
sr. member
Activity: 434
Merit: 250
It's a very complex attack on Bitcoin by the Bitcoin Cash team.

They are using their massive amounts of both Bitcoin and Bitcoin Cash to flood and congest the Bitcoin Core blockchain to decrease the speed and increase its fees.

At the same time they bought their own Bitcoin Cash to increase the price and trigger a wave of FOMO.

There are also a lot of shills going around spreading lies in hopes of making profits on this attack. It's basically the digital age equivalent of an on-going coup d'etat.

Don't support Bitcoin Cash if you believe in the true vision of Satoshi, which was to decentralize power.

100% agree
But Bitcoin Cash has 8MB block size. Doesn't it make it superior from efficiency perspective?
full member
Activity: 448
Merit: 100
We see that Bitcoin cash rising all of a sudden last few days.it's not a new matter.Coin market all time fluctuate.Bitcoin cash never kill original bitcoin.Because Bitcoin is the king of all coin.Moreover Coin price all time increase and fall.The price of a coin can be 2x or 3x.It's not a matter.
hero member
Activity: 1358
Merit: 834
After the BTC failed to implement Segwit2X it looks like this time BCH is determined and will replace BTC lead the market. People are panicking for what is happening in the battle between the BTC and the BCH. I'm still skeptical of this bold move from the BCH and if this coup succeeds then the altcoin market will likely have similar coups.
BTC didn't "fail" to implement SegWit2x.

Check who voted against SegWit2x.
It was the Bitcoin Cash team! They are manipulating public opinion, the Bitcoin Core blockchain (flooding transactions), and the Bitcoin Cash price. And they have been planning this for months, as you can see by Bitmain only accepting Bitcoin Cash for their new miners since a few months back.

Bitcoin is doing just fine, Bitcoin Cash is the piece of shit that can't play fair and square and has to resort to shady behind the scenes manipulation in order to even stand a chance.
i think this is a reason for bitcoin cash break $2500 , and i believe bitcoin cash come back $500 soon . after pump is dump , bitcoin - btc is king  crytocurrencies .
The people behind this shitshow still have a huge amount of Bitcoins and Bitcoin Cash left, so we might see more of this in the future. Hopefully that won't happen, but be prepared.
sr. member
Activity: 420
Merit: 255
I am quite surprised the way Bitcoin went down and BCH went upwards. This is a clear example that most people in crypto are just for profits, and decentralization and all those things are just cover ups. But it is also true that Bitcoin is having high transaction fees, transaction time, not good for micro payments etc. which were it's main selling points initially. I guess, the point is if you don't evolve, you go extinct. But of course, BCH is not an alternative to BTC. Hopefully BTC will find it's path to recovery.
I can subscribe to your every word. I think that the bch example the miners are trying to put pressure on the developers. This is wrong. Changes to bitcoin are really needed. Everyone is interested in it. Just need to know how to negotiate. War is not beneficial to anyone. Bch just a tool in this war. Its use and throw away like rubbish.
sr. member
Activity: 952
Merit: 284
In love with Bitcoin!! 💓💕
I am quite surprised the way Bitcoin went down and BCH went upwards. This is a clear example that most people in crypto are just for profits, and decentralization and all those things are just cover ups. But it is also true that Bitcoin is having high transaction fees, transaction time, not good for micro payments etc. which were it's main selling points initially. I guess, the point is if you don't evolve, you go extinct. But of course, BCH is not an alternative to BTC. Hopefully BTC will find it's path to recovery.
full member
Activity: 232
Merit: 103
This was a well orchestrated attack on bitcoin by the Chinese government thru their agent Jihan Hu in coordination with the segwit 2x people and the Bitcoin Cash people. Dastardly subhumans who only want to make a buck and care less about decentralizing and freeing humanity. I suggest to shun anyone associated with Bitcoin Cash or Segwit 2x and never buy Bitcoin Cash ever.
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