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13579796 No.13579796 [Reply] [Original]

Frens,

Everybody is talking about binance and Craig Wright with only limited coverage on BCH. Aside from the 50% transaction manipulation, how do you frens feel about bitcoin cash? It’s all I have left and im wondering whether to sell and go into bitcoin or some sort of alt with the prices down. I’m still newer to trading and could use some sound advice from at least one anon today.

>> No.13579958

https://jochen-hoenicke.de/queue/#0,24h
Watch this space. You'll be rich once the red and pink bands appear.

>> No.13580066

>>13579958
Okay, read the chart description and have only a general idea of what you’re getting it. Kindly elaborate do I don’t miss the intricacies here.

>> No.13580117

>>13579958
Apologies for being uninformed, fren. I’m still green with much of this and technical analysis isn’t my strong point. I just want a few spare bucks to buy pancakes for me next cheat meal is all.

>> No.13580124

>>13579796
It will be 51% attacked on May 15th
Screenshot this

>> No.13580145

>>13580124
:(

But why though?

What will it do to the price? Should I sell now and buy something else? Cash out to fiat? Goddamnit, where is assblaster?

>> No.13580151

>>13580066
>>13580117
It's the fee chart for BTC.
BCH exists solely because the fees on BTC are too high. Once they go up again, BCH will become more and more relevant.

>> No.13580154

>>13580066
Pretty simple, really. Lots of purple means that it is very expensive to send BTC transactions. If it is expensive to transact on the BTC blockchain, people will look to other cryptos. BCH would be next in line.

>> No.13580169
File: 252 KB, 1024x651, whichonehmmmmmmmm.jpg [View same] [iqdb] [saucenao] [google]
13580169

>>13579796
I'm waiting for BTC frenzy to reach a peak at about 8K, then dump my BTC bags for BCH (the real Bitcoin)

>> No.13580193
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13580193

>>13580151
>>13580154


I found this earlier today. I’m starting to get it now. Thanks frens.

I just hope this 50% transaction manipulation doesn’t lead to a catastrophic fallout like binance it Craig Wright not being satoshi.

>> No.13580212
File: 436 KB, 1065x1034, SmartSelect_20190406-091811_Brave.jpg [View same] [iqdb] [saucenao] [google]
13580212

>>13579796
This is a nice website to help understand Bitcoin for newbies.
Showing the live transactions as people, and the blocks going off every ten minutes as buses. The transactions (people) have to get onto the block (bus)
Txstreet.com

>> No.13580215

>>13580193
Binance hack or Craig ***

>> No.13580235

>>13580212
Thanks fren. Nice to see some anons coming out of the woodwork to help a new investor and without the condescending responses, traps or butthole sniffing.

>> No.13580264
File: 519 KB, 800x800, litecoin.png [View same] [iqdb] [saucenao] [google]
13580264

>>13579796
> Twice the daily volume
The real bitcoin cash.

Here's some advice I learned by losing lots of money over the years....
Don't buy any forked coins. How do you know which coin is the forked coin? Look up the total hash power of each coin and go with the one with the most.

In b4 seething cashies....

>> No.13580392
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13580392

>>13579796
bitcoin cash is a fine hold but you should of course have some in bitcoin too (the real bitcoin).

>> No.13580406

>>13580264
I hear good things about the future of LTC and remember when they got the UFC endorsement.

>> No.13580447

>>13580264
Most of LTC's volume is wash trading. The same can't be said about BCH. Although I prefer SV.

>> No.13580471

Why does everyone keep calling BCash bitcoin cash?

>> No.13580495

>>13580471
There’s been too many re-labelings lately.

>> No.13580497
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13580497

>>13580406
I'd stay away from Litecoin ever since it's founder sold his stash.
https://cryptobriefing.com/litecoin-ltc-drop-charlie-lee/
https://www.cnbc.com/2017/12/20/litecoin-founder-charlie-lee-sells-his-holdings-in-the-cryptocurrency.html

>> No.13580511
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13580511

>>13580471
BCash? Haven't heard that in a while.

>> No.13580533
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13580533

>>13580264
Litecoin is a fork of Bitcoin... Charlie copy pasted the code, he only changed the hashing algo from SHA256 to scrypt and made the block time 4 times quicker. By your own logic you can only buy broken BTC.
Another way to clarify this is: if BCH changed hashing algorithm (they can and will, if it has a significant advantage for user experience) then BCH would no longer be a 'forked coin'?
I am trying to point out that your word definitions are too wishy-washy to get on Wikipedia.
Here is one definition you can rely on: BCH is Bitcoin.

>> No.13580544

Alight, It’s official; I’m going to hold onto my bags. Hopefully the transaction manipulation proves to be a limited factor in price with the hard fork on 5/15 being profitable. Thanks for the insights, frens. I’m not greedy, I just want to wet my beak a little.

>> No.13580557

>>13580544
Good idea. Did you have BCH before the fork? Hope so, that way you have some SV as well. w/e you do don't chase pumps.

>> No.13580572

>>13580264
This, it's best for transferring pennies. LTC also has the best liquidity by far.

>> No.13580586

The SV and core crowd have been making me feel uncertain about my decision making the past month and the feedback helps put me at ease.

All the infighting is bullshit when we have big government, here in the states, most recently, trying to outright ban crypto. People are losing sight of its intent,

>> No.13580593

If it has Bitcoin in its name and BTC is not its ticker then its a shitcoin.

>> No.13580597

>>13580557
Late to the party, fren.

:(

>> No.13580607
File: 155 KB, 960x767, bcashlol.jpg [View same] [iqdb] [saucenao] [google]
13580607

>>13580533
Like clockwork.. how is that flippening working out for you?

>> No.13580643
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13580643

>>13580607
Ahem.

You keep using that image. I do not think it conveys what you think it conveys.

>> No.13580669
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13580669

Bitcoin Cash has the best roadmap in crypto right now. Schnorr sigs coming soon.

>> No.13580678

>>13580669
The same day Craig gets his covers pulled.

>> No.13581650

>>13580497
Yeah but he told everybody when he was gonna sell..now he is saying it’s a good time to buy back in

>> No.13582470
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13582470

>>13580586
Everything that BCH can do, BSV does as well, except it scales better. BCH is supposed to be the big block version of Bitcoin, except BSV has mined a 128 MB block, while BCH hasn't mined a block larger than 2MB block since january, and is hardcapped at 32MB.

Thus the large block selling point of BCH is kind of gone, plus BSV has 800+ patents filed, which - whether you like patents or not - is part of reality and valid in law. There is no way BSV won't win over BCH in the coming years unless Craig Wright is abducted by aliens or something equally improbable.

But that's your own choice to make.

>> No.13582620
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13582620

>>13580471

>> No.13582917

>>13582470
Blocks aren't unlimited yet, nor are the transactions that high. Not until February 2020.

>> No.13582932

>>13582917
>>13582470

What happens when the halvening goes down this time next year?

>> No.13583199
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13583199

>>13580154
>BCH would be next in line.

>> No.13583289

>>13580392
which is btc

>> No.13583369

>>13582470
sv is bch gone full retard
bch doesnt even need 1mb blocks at this point

>> No.13583575

>>13580145
dont worry there is no 31% attack
thats the best creg can do lots of big miners can pull hash from btc if needed also

>> No.13583829
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13583829

>> No.13583846
File: 1.21 MB, 1936x3172, craig_wright_wechat.png [View same] [iqdb] [saucenao] [google]
13583846

>>13582932
Craig says BTC will die in the 2020 halvening. He has some major tricks up his sleeve, I wouldn't sleep on him.