/biz/ - Business & Finance

[Anonymous No.11227841]

All right goys, what's going on? Why is this suddenly mooning? This is suddenly up 10% for the day

[Anonymous No.11227880]

>>11227841
just a regular PnD its all this coin's good for

[Anonymous No.11227891]

bitmain ipo filed, fresh financials reported. they are drowning in profits which completely BTFO all the 'bitmain is bankrupt and insolvent' fud that blockstream faggots have been spewing like samson mow. now people are waking up to the fact that pretty much everything blockstream and core shills shit out all over the internet is complete horseshit and lies, which means bitcoin CASH is the real bitcoin

[Anonymous No.11227912]

probably bitmain pumping. the success of their entire business is basically tied up in bcash, since they decided to go all in on it once the community decided bitcoin was worth more than asicboost.

they can probably pump this relatively high with the rest of their other assets, but at some point theyre going to have to try and liquidate some of their 1 million bcash if this bear market continues any longer and they're struggling for money to pay expenses.

[Anonymous No.11227916]

>>11227891
Hahahahaha all the way to the bank

[Anonymous No.11227921]

>>11227841
dragonslayer active.

[Anonymous No.11228159]

>>11227841
anon... what happened at september 1?

[Anonymous No.11228167]

>>11227921
Kek i forgot about that shit

[Anonymous No.11228201]

>>11227921
Don't fucking joke. If this shit 3000% in one day ill have a fucking shit fit. wwwaaaaaahhhhh

[Anonymous No.11228499]

>>11227912
Man, what the hell was Jihan thinking. I would not want the be the onebuying his bags.

He is a good salesman though. He has basically managed to get people not to question why someone whole be selling a machine that prints money in exchange for money.

[Anonymous No.11228607]

>>11227921
Too soon for that, but I believe it.

[Anonymous No.11228669]

>>11227891
coinex token, the exchange where bch is the default traiding pair, also had a pretty decent pump. The do tons of volume too (though china so prbly mostly fake).

Chainlink only has 8 votes to get listed there and with the cross over of BCH and Chainlink fans you think there would be more support.

[Anonymous No.11228773]

as if this was hard to see coming
bch has always traded in a nice range compared to btc we hit lows that have only been seen in 3 other periods. we built a nice base on those lows, combined with the begginign signs of market turn around and alt season, and this is obvious.
xrp made a nice move, bch made a nice move, stellar had a nice move, it's just going to keep happening. first the price stabilizes at a relative low, which is where you want to get in, then just wait. the charts are piss easy to read

[Anonymous No.11228797]

>>11227841
It's the pump before the new management at Bitmain dump their BCH at a huge, but slightly more palatable, loss.

[Anonymous No.11228813]

hint hint to all of you, ltc looks like it's a good candidate for this same thing, might want take a look but it's doesn't look quite as obvious or assured, still good odds

[Anonymous No.11228867]

anyone doing even just a little bit of his own research knows that BCH is objectively better than BTC

it's literally the same thing as BTC a few years ago, just with improvements to opcodes and difficulty readjustment + with higher limits

[Anonymous No.11229179]

BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH

[Anonymous No.11229205]

>>11228499
he was trying to save one of his competitive advantages (asicboost) and also create a coin where he wouldn't be blindsided by developers again, one he could control the path of, or at least influence. the problem is a coin like that is a lot less attractive to anybody that isn't bitmain.

>>11228867
when you start talking tech, youve already lost. there's no end to better tech, and if it was relevant, bitcoin, and any of its clones or forks would be worthless already.

[Anonymous No.11229274]

>>11227841
Whales are burning a small amount of capital to herd arbitrage bots. They're opening a window to trade BCH for BTC at a favourable exchange rate, hence the general rise in everything. If they sell the BTC out to fiat, everything goes down. If they go long, only new BCH bag holders suffer. This has been the strategy since they conjured 7 billion in market cap last year by anchoring their fork with futures and wash trading.

[Anonymous No.11229307]

>>11228867
It's not better enough. If it didn't carry Bitcoin's name, it would be a fringe project. Honestly, it doesn't warrant a do over in real world legal and institutional and mindshare because it isn't thousands of times better.

[Anonymous No.11229339]

>>11228867
>implying there aren't better forks than bcash

[Anonymous No.11229357]

>>11229339
>implying their are better forks than bitcoin cash

[Anonymous No.11229569]

>>11227841

It's the real Bitcoin. Accumulate accordingly.

[Anonymous No.11229778]

9 month Bitcoin Cash downtrend has broken to the upside and no one has really noticed it yet.

Is BTC about to follow?

[Anonymous No.11230598]

>>11229307
well no shit it carries bitcoin's name, it is bitcoin.

there are two competing versions of bitcoin; one with the original vision and the other with the original ticker. if bitcoin gold or diamond or whatever also had the support of a ton of people it could also have a claim to be bitcoin but there's really no backing there.

[Anonymous No.11230657]

>>11228813
i'm already in position on ltc
i find bch much harder to swallow than ltc

[Anonymous No.11230684]

>>11227841
>10%
>mooning

also, daily reminder