Bitcoin Cash is going much higher. Current rise is only a necessary preparation - it's major function is to make third-party miners interested and entice them to technically become ready to switch mining power. There may be a correction - treat it as an opportunity.
Key dates:
~tomorrow - Bitcoin Cash difficulty adjustment, should make it even more profitable to mine
~4 days: Bitcoin Core difficulty adjustment
That's when the hash power starts to flip, leaving bitcoin core with ~2000 blocks till adjustment. That's also when the REAL pump starts - with parity as target. Mining profitability difference goes ballistic, 10x+ more for bitcoin cash. Loaded big blockers (especially Roger Ver and Jihan) start dumping hundreds of thousands of BTC for BCC.
More and more miners leave the Bitcoin Core chain, enticed by much higher profits, which causes widespread panic and enormous transaction backlog.
As BTC drops and BCH rises mining BTC starts to become not only less profitable, but a losing endeavor. This causes even more miners to switch, which results in even less blocks - at best, one per hour, equivalent to limiting the block size to 166kB.
Once Bitcoin Cash is worth more than Bitcoin Core, while having much more hash power, the game is won. Media all over the world herald the news. Major companies, like Bitpay and Coinbase, scramble to add BCH as fast as possible.
This is the final catalyst for the last dump of BTC - those on the exchanges anyway. Remaining miners mining at a significant loss lose any hope of being able to sell their rewards in a reasonable period of time - as mining rewards can only be spent after 100 blocks. Even they leave.
Core chain dies. Bitcoin Cash becomes just 'Bitcoin', but with 8MB blocks. Corecoins remaining on the exchanges are worthless - as there's no chain to withdraw them to.
Some time after that, Core starts their own hardforked chain with a different POW, 1MB+Segwit. Nobody cares. Mined mostly by LukeJr in his shed.
0.01 BCC have been deposited in your wallet
>>3121282
What are you, some kind of convert? You talk like a cultist.
>>3121303
It's an organized attempt to sell bags. BTC can increase block times if needed but lightning and segwit are necessary inclusions the BCH won't use. It's a shitcoin
>crypto is a fucking mess
>completely volatile market where gainz to losses change in minutes
>investing in literally nothing as most coins gain status on hype alone
>whales completely control and manipulate market because they can put up as many buy and sell walls as they want on a whim
>most likely chinese scam to usurp money from the West for shekels in return
i've made about $10K doing this but feels kinda bad desu
the saddest part is its still better than goybucks
>>3120958
>so sad it's a complete mess
>but I've made money
>>3120996
Yup seems like a shitty way to make money for myself when compared to it's overall impact on things
YOU HAVE 10 SECONDS TO CONVINCE ME NOT TO FOMO INTO BITCOIN CASH RIGHT NOW
>>3120948
it's going to go down again
Just bought 100k
>>3120948
Wait for the dip, then watch it crash with no survivors.
>the price you sell at becomes the floor
>the price you buy at becomes the ceiling
how do they always know?
>>3120881
s a m e
Because life is a simulation and you've been programmed to be a loser. Sorry senpai
>>3120881
It's not a coincidence Anon, they are monitoring everything.
lol
>>3120856
HAHAHAHAHAHHAHA daily reminder that these are the people financing my Lambo HAHAHHAHAHA
I went all in on BCC and shorted the fuck outta BTC right now. Lambo in a week boys.
>>3120883
>daily reminder that these are the people financing my Lambo
other way around
When's BCH getting pumped again lads?
Is BTC really fucked or are some spergs just trying to bump the value of their own BCH?
>>3120845
miners already signalled in favor of segwit. dont fall for this crap
>>3120845
look at the numbers you fucking nigger. btc is fucked
Partially both.
I own an equal amount in both so I don't really give a fuck at this point but the profitability increase for miners switching to BCH/BCC and this stupid shit with bitfinex isn't going to help BTC.
Finally got some bitcoin on coinbase after a couple days of research, now I want to start trading in the lesser known cryptos like ZRX, 0x, OMG, etc so which exchange should i transfer my BTC to so i can start playing with it? and what would be the process to buy IOTA? I live on the USA btw.
The fact that you cannot differentiate ZRX/0x makes me believe you are about to buy a lot of bags off /biz/ shills.
www.coinmarketcap.com
select which coin you want to invest in, then select markets and it will show you what exchanges it's available on.
ZRX and 0x are the same, unless you meant DNT, they are both available on liqui.io
OMG is avail on bittrex, which is where i'd preferably trade if a coin you want to invest in is available.
Who else shorting BTC here?
>>3120635
wtf u faggot my boss just walked in on me. reported
>>3120635
BRAAAAAAAPPP
>>3120648
>browsing 4chan at work
what did he say lad
store is now online
>>3120596
shitcoin scam
Who gives a fuck?
>>3120596
can i sell my bags there?
BTC price and future$?
3925
bitcoine
>>3120375
I just sold off my BCC into more BTC, easy profit.
>>3120375
who else here has no idea what's going on but just blindly follows a name/brand
>>3120375
i have this is kek.
btc is pretty much done look at the numbers
Litecoin is holding steady through the waves, when will its stability become enough of a selling point to finally get the masses on board?
Holding steady? Gets a slight bump from Charlie and the boys trying to stop the bleeding. This coin will bleed into single digits by the end of the year.
Ain't no hype, it is a dying animal.
>>3120307
Stagnating=Dying?
>>3120307
DELET
>>3120233
t-thats a big wall
yet people are still buying
i hope he cancels it as soon as someone starts to buy in
h-hes probably just spoofing r-right guys..?
ANTSHARES IS MOONING!!!!
someone post late july's
BUY BUY BUY
OH SHIT SELL SELL SELL
>>3120194
>Tfw when almost all alts are crashing hard, and Ark stays stable..
FEELS GOOD MAN!!!!
When the market stabilizes again, and all alts go green, ARK will fucking MOON even higher... Better hope for a small dip to buy more!
Thought about selling my ark for bitcoin cash, but I don't want to buy the ATH and hold bags.. Better stay with my 200% gains in Ark
>>3120068
sold 1/7 one day before the well deserved slight mooning
just