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/biz/ - Business & Finance

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5332837 No.5332837 [Reply] [Original]

Alright, I just figured out WTF is going on here and why this is actually a good thing after all.

The end result of all this is that the price of 1 BTC is down 25%, and BCH is up a lot more than any competing crypto, plus it has the same name which will make it more appealing to normies. So as new people get into crypto what theyre going to see is btc at 15k and bch at 3-4k, and theyll feel that if they were to get into bch now theyll be like the people that got into btc at that price.

>> No.5332946

>>5332837
That's the point of the scam.
It's all rigged and since it's regulated they'll get away with it

>> No.5332986
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5332986

>>5332946
unregulated* sorry

>> No.5333039

Thats only the half of it anon, only half. Keep youre eye out between christmas eve and boxing day, then new years eve and new years day.

T. Autist

>> No.5333052

>>5332837
newfag here, does that mean BCH is a bad investment or is there potential to buy it and then sell it to other 'normies' like myself for profit?

>> No.5333094

>>5333052
Bch will replace bitcoin as time goes on. Best time to buy in now, 20k Eoy 2018.

>> No.5333149
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5333149

>>5333094
You dropped this. It's useless for me, but obviously you know how it works.

>> No.5333150
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5333150

>>5333039
Tell me more

>> No.5333228

>>5333094
OP here, Im also relatively new to technical crypto trading but from what I hear BCH will not replace BTC.

>> No.5333418

>>5333150
Watch volume the next couple days and watch the tabloids. Youll put the two and two together.

>> No.5333464

>>5333228
It will.
Actual merchant adoption with Bitpay coming soon.

>> No.5333485
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5333485

Bought more BCH. Can't wait for my comfy 5x. For you deluded bcore cucks in denial:
>https://fork.lol/tx/txs
Notice how the number of transactions is staying constant while BCH is catching up? The moment BCH intersects with BTC. It's over. Also, bcore developers wants HIGH fees and SLOW transaction speed as a feature. I'm not joking. Check out the emails for yourself.

>https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-December/015459.html

>What is happening is a cause for celebration: it is the manifestation of our long-desired fee market in action. That people are willing to pay upwards of $100 per transaction shows the huge demand to transact on the world's most secure ledger. This is what success looks like, folks!
>The frustration with BTC today is less so the high-fees (people realize on-chain transactions in a secure decentralized ledger are necessarily costly) but by the feeling of helplessness when their transaction is stuck. Being able to easily bump a transaction's fee for users who are in a hurry would go a long way to improving the user experience.

>> No.5333643

>>5333485
>Being able to easily bump a transaction's fee for users who are in a hurry would go a long way to improving the user experience
Literally LN
You feel that?
I know you bcash bitches can feel the thunder

>> No.5334268

>>5333485
yeah, bch is going to start being mined more than btc now because its more profitable

>> No.5334391
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5334391

>>5334268
>Mining BCH
>Profitable

>> No.5334547
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5334547

>> No.5335001

>>5332837
yea obviously faggot I already said this hours ago