Who got their Bitcoin Cash ?

Discussion in 'Digital Currencies' started by southerncross, Aug 3, 2017.

  1. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,866
    Likes Received:
    924
    Trophy Points:
    113
    Location:
    Sydney
    Sounds legit. I'm moving over to bitcoin cash. It's been on my mind for a while now and this article just confirms what I thought will happen.
     
  2. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    1,424
    Likes Received:
    434
    Trophy Points:
    83
    Location:
    straya
  3. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,261
    Likes Received:
    53
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Wait a minute, since when was it profitable to buy something that's already being pumped?

    Buy low, sell high. I would be selling some BCash here (yes BCash) instead.
     
  4. STC

    STC Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    1,098
    Likes Received:
    85
    Trophy Points:
    48
    Location:
    Perth
    That's all it takes - rumour mill swings into action - Bch/bcc goes parabolic.

    The flippening has begun
     
    Last edited: Nov 11, 2017
  5. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,563
    Likes Received:
    664
    Trophy Points:
    113
    Location:
    Australia
    Ok, so BCH is going crazy, but who's actually using BCH for anything?
    Who actually accepts BCH for any goods or services?
    At least BTC has some penetration into the commercial market for actually buying stuff
     
  6. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,866
    Likes Received:
    924
    Trophy Points:
    113
    Location:
    Sydney
    oh come on, 95% of people only use bitcoin to flip or hoard. So usability is not an issue for Bitcoin OR Bitcoin Cash.

    The reality is as it stands Bitcoin Cash is a better system, though this can change quick if Core gets with the times.

    Btw I think Bitcoin Gold comes online soon ;)
    Aww the crypto world, there is no limit to how much you can create. I still laugh when people say the word "finite" in the crypto world.

     
    Last edited: Nov 11, 2017
  7. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,327
    Likes Received:
    367
    Trophy Points:
    83
    Location:
    New South Wales
    What needs to happen next is more trading pairs for BCH against alt coins on the big exchanges like Poloniex and Bittrex. BCH can not unseat BTC as the important "gateway to crypto" unless/until this happens.

    The market is moving very fast at the moment, it is almost psychotic/frenzied with greed right now. This is not a good thing. If BCH moves to unseat BTC without trading pairs and liquidity on those pairs it will be a bloodbath in the alt coins. It could also be the event that breaks the BitConnect Ponzi that would cause mass carnage - ala Mt Gox.
     
    Last edited: Nov 11, 2017
  8. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,327
    Likes Received:
    367
    Trophy Points:
    83
    Location:
    New South Wales
    Also, expect BTC to come out with a big announcement/development regarding the Lightning Network as they attempt to stem the bleeding.
     
  9. Soprano16

    Soprano16 Well-Known Member Silver Stacker

    Joined:
    Dec 28, 2016
    Messages:
    1,243
    Likes Received:
    910
    Trophy Points:
    113
    Location:
    Melbourne
    Was about to exchange all of my BTC for BCH in Exodus to ride the rush, and then as soon as any signs of BCH slowing down appear exchange it back to BTC, but ShapeShift is down for maintenance right now and I can't do it that way now :(

    Maybe that's a sign, or maybe I should just get on an exchange to do it instead? Hmmmm
     
  10. southerncross

    southerncross Well-Known Member Silver Stacker

    Joined:
    Jul 26, 2012
    Messages:
    3,852
    Likes Received:
    402
    Trophy Points:
    83
    Location:
    All in your mind
    Changelly is still up. :)
     
  11. Soprano16

    Soprano16 Well-Known Member Silver Stacker

    Joined:
    Dec 28, 2016
    Messages:
    1,243
    Likes Received:
    910
    Trophy Points:
    113
    Location:
    Melbourne
    Exodus back up and running

    First time I've used it to exchange coins - can't believe how simple and easy it was, and how much money I made by doing it! :)
     
  12. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,866
    Likes Received:
    924
    Trophy Points:
    113
    Location:
    Sydney
    Bitcoin cash flying! It's about to over take Ethereum in market cap. Get on board now!
     
  13. STC

    STC Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    1,098
    Likes Received:
    85
    Trophy Points:
    48
    Location:
    Perth
    My 2k by Xmas got blown away. I notice the BCC(Bch) pairs keep disappearing just after each massive spike which most likely means the exchange(Bittrex) has temp ran out of Bitcoin cash & ppl are scrambling to get out of Classic!

    IMG_0524.jpg
     
  14. STC

    STC Well-Known Member Silver Stacker

    Joined:
    Mar 16, 2011
    Messages:
    1,098
    Likes Received:
    85
    Trophy Points:
    48
    Location:
    Perth
    Interested if any of the corporate institutions &/or hedge funds investment bankers etc that recently invested in Bitcoin are working the weekend?!
    http://www.newsbtc.com/2017/11/09/hedge-funds-heavily-investing-bitcoin-price-continues-soar/

    If this is a combined miners/whales(china based) attack on Bitcoin it is going to hurt the US financial markets & the US$, it could be a VERY BLACK MONDAY..

    If this is "The Flippening" then Bitcoin cash is over half way there as every raise in bcc/bch is matched by a drop in Btc.
     
    Last edited: Nov 12, 2017
  15. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,327
    Likes Received:
    367
    Trophy Points:
    83
    Location:
    New South Wales
    They are going to have to do better than that. I'd expect a big press release type of announcement with a media campaign. Some kind of launch or "go live" type thing with fanfare.
     
  16. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,866
    Likes Received:
    924
    Trophy Points:
    113
    Location:
    Sydney
    Yep and that's what is happening now. Alts are getting hammered.
     
    BuggedOut likes this.
  17. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,866
    Likes Received:
    924
    Trophy Points:
    113
    Location:
    Sydney
    No one cares about Lightning Network. At this point in time it's a useless feature.
     
  18. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,866
    Likes Received:
    924
    Trophy Points:
    113
    Location:
    Sydney
    man i really wish i moved over to Bitcoin Cash 2 weeks ago. 5x increase in 2 weeks!

    At this rate Bitcoin Core will over take Bitcoin in marketcap in a few days.
     
  19. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    2,866
    Likes Received:
    924
    Trophy Points:
    113
    Location:
    Sydney
    WOW it's dumping now! This is all to crazy.
     
  20. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,327
    Likes Received:
    367
    Trophy Points:
    83
    Location:
    New South Wales
    It's all happening so fast it's becoming very unstable.

    My best case scenario for the coming week is :-

    * Exchanges move quickly to list some alt coin trading pairs with BCH

    * BTC announces a "go live" date for some kind of Lightning Network feature with fanfare

    * The weekend mania subsides Mon-Tues and some of the recent BTC/BCH moves reverse

    * Some kind of stability returns to markets


    Worst case scenario is :-

    * BCH continues its devastating run against BTC and overtakes it quickly

    * Confidence in BTC collapses

    * Alt coins are devastated as speculators rush the exits via the only trading pairs available

    * BitConnect collapses due to being heavily invested (leveraged) in BTC

    * Sentiment across the crypto sector is dealt a savage blow with a lot of newbies burnt

    * MSM has a field day playing up the devastation

    * A large chunk off the combined crypto market cap evaporates setting us back year(s)
     

Share This Page