Very Nice Bitcoin Cash Rally!!!!!

[GreenBean]

Originally Posted by GreenBean

Downloaded the APP. Thank you. !

One less phone needed now.

So naffin’much for trying use this APP.

Like the world of BTC, it is in a spin and not loading.

Bah.

[nate]

What a epic night last night was. That was history....

Empire must think I'm almost a prophet now... Although I have to admit I was a little scared myself. I knew from everything I was reading it was a pump and dump but never thought at this proportion. That was probably the biggest pump and dump to date, total market manipulation.

Even BTC transactions froze up. There was over 155,000 pending transactions all day into early morning.

A lot of people scared AF... High level of market manipulation. Roger Ver, Jihan Wu, John McAfee, and other big names in the industry lured people out of BTC with this FOMO and a lot of noobs got suckered into buying Bcash at a high price and got dumped on. Alot of people couldn't even get their sell orders out because the exchanges went down.

Dumped from 2500+ to 1800 in a matter of seconds.

BCash will never replace Bitcoin. It might be the next paypal. But it will never do what they were claiming it was going to.

The exchanges could never be on board with a take over. They would all have to agree and do the swap at the exact same time or it would never work. Bitcoin has the brand name and is a digital asset like gold, and big money doesn't care about high transaction fees.

I hope no one here lost any $.

[rsot]

http://arstechnica.com/tech-policy/2...-price-slumps/

[jakobrockz]

Originally Posted by GreenBean

So naffin’much for trying use this APP.

Like the world of BTC, it is in a spin and not loading.

Bah.

Strange. Does the job for me

[GreenBean]

Originally Posted by jakobrockz

Strange. Does the job for me

Working like the bomb on the iPad.

That will be fine for me.!

[jakobrockz]

Keep in mind for whatever reason they don't update the graphs/charts during the weekends. But other than that they're pretty up to date. Obviously would want to use a better source if you need the info in real-time.

Glad I could help!

[unkown5454]

Originally Posted by nate

A lot of people scared AF... High level of market manipulation. Roger Ver, Jihan Wu, John McAfee, and other big names in the industry lured people out of BTC with this FOMO and a lot of noobs got suckered into buying Bcash at a high price and got dumped on. Alot of people couldn't even get their sell orders out because the exchanges went down.

yea there was a lot of important people involved in this sc.am. they made a lot of money but i hope this whole situation sheds light on who these people really are and what their agendas really are. complete dominance and control/greed. BCH was and always will be a sc.am fabricated by a handful of pieces of shxt

[empirestate]

Originally Posted by unkown5454

yea there was a lot of important people involved in this sc.am. they made a lot of money but i hope this whole situation sheds light on who these people really are and what their agendas really are. complete dominance and control/greed. BCH was and always will be a sc.am fabricated by a handful of pieces of shxt

Don't hate because you aren't in it...

[nate]

Originally Posted by empirestate

Don't hate because you aren't in it...

Do you really believe that collusion helps the crypto community? That's a perfect example of what will get .gov involved, its taking advantage of new investors with little to no knowledge of this technology and make people believe crypto's a scam. Remember, Coinbase alone gained 100,000 new users Nov. 2nd.

It proves two things.

#1. The mass majority of investors with little to no knowledge of the technology are easily persuaded and the market can easily be manipulated.

#2. Bitcoins block size and slower transactions are a good thing for a high value digital asset like Bitcoin. There would have been at least a quarter million more BTC transactions out of Bitcoin and those people would have lost money if the transactions didn't get jammed up and take more than 24hrs to process.

The reason bcash price is still double what it was is because of all the people that got stuck in the trade. When Coinbase releases 155k more coins it'll go down even further. Possibly back to where it was $600USD. There's a 99% chance it wont be going back up to $2,000+ this year.

However, I do believe it's possible that Bcash just might be a better option for small transactions if they can somehow get retail behind them like Bitcoin has. They were able to get higher market cap than ETH which is impressive.


Day trading is VERY HIGH RISK. I mine and HODL... There's a 99% chance I'll never catch a pump like that... I'd advise anyone against it unless you really know how to read charts and see markers.

[nate]

[slokor]

Where did you find that info? Nice one.

[nate]

Originally Posted by slokor

Where did you find that info? Nice one.

Sent you a invite to discord server though PM.

[duffrageous]

Originally Posted by nate

What a epic night last night was. That was history....

Dumped from 2500+ to 1800 in a matter of seconds.

I hope no one here lost any $.

There were dumps all along the way up. It was a combination of the market manipulators, whales, regular users with sell limits, and panic sellers following suit. It was nice that you got some round numbers. But the final dump was at 2500. I feel like 2000 should have been the dumping point, but the support was so strong it pushed the price up to 2500 at which point you had 5x or more the number of sell orders of what you had at 2000. Even if the exchanges went down on the client side, if your sell orders were up, they should have executed.

You can look at the 1-minute and 5-minute candles for a better picture of the timing of the crash from 2500 to 1200.

https://bittrex.com/Market/Index?MarketName=USDT-BCC