Quote from: Kprawn on November 12, 2017, 06:27:33 AM

Quote from: TangentC on November 12, 2017, 04:55:06 AM

Quote from: Matt6515 on November 12, 2017, 04:48:07 AM

I must admit that I only started investng in Bitcoin at around the $3000 price, but I saw it soar to nearly $8k in anticipation of the Seg2 split....which is now void...and the price is instantly plummeting as Bitcoin Cash is soaring? WTF! I've lost $2k in Btc in 24 hours? Is BTC going to continue spiralling downward and for how long? What is the bottom going to be? Am I supposed to just transfer everything to Bitcoin Cash?

Advice for a noob? Thanks kindy!

Rumors are Big money is moving everything to Bitcoin Cash and that they are going to destroy Core version of bitcoin.
It looks to be truthful , when you look at the trading volumes and the price changes.

Smart move , dump core's coin and move into fiat or bitcoin cash, at least for the next few weeks.

IGNORE this advice. This guy is using a newbie account to push his agenda. There are a bunch of people who are pumping Bitcoin

Cash at the moment and manipulating other people to buy it. Once the price is pumped, they will start dumping again... leaving

the people who fell for this to take the losses. Bitcoin Cash is a Alt coin being used to make certain people very rich. {They knew

the strategy before the pump, so they bought loads of cheap coins before the pump started}

Thank you Thank you Thank you. I also just found another comment on another thread that said the following:

"Canceled SegWit, people sold BTC to buy an alt-coin, and everybody chose BCH. Then, they will sell and make fall BCH, to buy Bitcoin cheap again."

"Smart and easy explanation, thanks for it. That's how trading works folks, do not panic! Smiley"

IMHO, It's still very annoying that this Seg split came and went and then sent the market into chaos. I'm still rather pissed. Sad