thank you very much guys for clear explanations and, i should have been more clear! I meant bitcoin.com!
Hey guys, I am new so be nice
So yesterday, the co-founder of Bitcoin said that he is selling his BTCs and then maybe moving to bitcoin cash! In less than 24 hours, coinbase add this to its wallet and then price were pumped up by a few small transactions to 8500$!
In a trade world, this is illegal, isn't it?
Shouldn't Bitcoin have some sort of self regulation to prevent people from doing this kinda stuff?
Is that what you got from the news? There is something wrong here. It is the bitcoin.com Co-Founder (which is a website). They didn't create bitcoin. You need to either inform yourself better or write better. No point in letting FUD affect one's decisions.
When was BCH $8500?
The scam that i was referring was his coordinated action with coinbase.com! Price went to 9500$ for an hours buy pumping in the trading platform (gdex.com and caused a lot of problems)!
First of all, that guy isn't the co-founder of Bitcoin. He's the co-founder of Bitcoin.com, which Roger Ver controls. They're known Bitcoin Cash shills. This means absolutely nothing for the true Bitcoin. Let them dump. We're better off without them.
This has happened a month before. I'm not saying it will, but it's likely Bitcoin Cash will crash spectacularly again. Maybe then Bitcoin Cash supporters can finally open their eyes to the reality that they're being used to make money.
this was news a few hours ago! Coinbase open their trade and set the selling price to 9500$! Then after an hour or two they changed it! but it had an effect price of Bitcoin cash went up by 40%!
Immediately saw co-founder of Bitcoin written here. Smelled trouble from there. There is no known "founder" of Bitcoin, just Satoshi. anyway, there's no way to self regulate what people choose to do or support. That's the beauty/danger in crypto. Things can swing very quickly and in a big way. That's the risk of playing these markets.. It's the wild west of economics.
But if the industry want be more than a wild west economy and actual currency, shouldn't be a little bit more reliable?
Maybe a case of looking at the headlines and not the actual story? Big gain for BCH yesterday at any rate.
it is not illegal, but it is an option. and everyone has the option of choosing the best. the snipes are good and he gets a big fortune. I see that BCH will be a big bubble.
Who can vetify his activites? I think he just said that to dump Bitcoin price and he will buy it again. You can see the case of JPMorgan CEO, he has told a lie to invest in Bitcoin
The real scam is Bitcoin Cash <BCash> Let's look at this whole scenario.
Bitcoin was the first and original Crypto currency and now a bunch of leechers latched the Bitcoin name onto their Alt coin and they are trying to convince people that it is the REAL Bitcoin.
People like Roger Ver <The Head BCash Cheerleader> invested a lot of money into promoting BCash and he wants a big payday. <He even rage when you refer to Bitcoin Cash as BCash, because the con will fail if the Bitcoin word is removed from the name>
Bitcoin <BTC> implemented SegWit and now services linked to Roger Ver, simply ignore the scaling upgrade for Bitcoin, because it will not favor BCash, if Bitcoin <BTC> can scale with SegWit.
Yes, but if this kind of things were happening in Wall Street, many of us here will go crazy about bankers and how they manipulate the market to git rich on the back of ordinary people but here, many of us will say "it is it is okay! as long as I am the one is gaining"!
It's just because a lot of BCH is in the hands of a few people that they can manipulate prices at will, so it's unreasonable, BCH is a scam.
Most reply are right,, that guy is not the one who created bitcoin or one of the founder.. That man is been a pain in my ass because after supporting bitcoin cash last few months with too much propaganda that turn bitcoin for a decrease.. If you believe that man then your being fooled and that already a scam.. Bitcoin cash is still a forking coin for me and wont replace bitcoin in any way..
It's mostly FOMO because everyone anticipated Coinbase adding Bitcoin Cash and speculated the price going up. But think about how many people were/are holding Bitcoin Cash from holding so much Bitcoin from the hardfork. So what goes up - must come down.
The real scam is Bitcoin Cash <BCash> Let's look at this whole scenario.
Bitcoin was the first and original Crypto currency and now a bunch of leechers latched the Bitcoin name onto their Alt coin and they are trying to convince people that it is the REAL Bitcoin.
People like Roger Ver <The Head BCash Cheerleader> invested a lot of money into promoting BCash and he wants a big payday. <He even rage when you refer to Bitcoin Cash as BCash, because the con will fail if the Bitcoin word is removed from the name>
Bitcoin <BTC> implemented SegWit and now services linked to Roger Ver, simply ignore the scaling upgrade for Bitcoin, because it will not favor BCash, if Bitcoin <BTC> can scale with SegWit.
I see your points about Bcash being not more than a scam, and clearly this event made it even more clear to guy like me new to this field! But as a newbie I am really shocked to see how the environment is toxic.
Again thank you for every bodies answers!
