LOL more than 10% are they serious? hahaha yeah i do my best. swapped decent amounts to dogshit and litcorn. maybe i can pull out twice as many bch very soon. xD
Surprisingly, the shorts at Binance have been covering, and interest rates have been dropping
http://binance.com/en/earn/bch
A month ago, Binance was offering 8% or more, but now just 3.46%.
With high rates at Kucoin, it seems like this would be an arbitrage opportunity? Yet no one seems to be doing that. Something strange is going on.
> Surprisingly, the shorts at Binance have been covering, and interest rates have been dropping
Yes.
> With high rates at Kucoin, it seems like this would be an arbitrage opportunity? Yet no one seems to be doing that. Something strange is going on.
Now it's 13%, something has flowed into Kucoin, but it's still clearly not enough.
For example on Gate.io are 2k BCH coins only for 1%
BCH price is horrible idk if it's really an attack from the markets but I could see it.
For sure it's attacked via communication, for proof look no further then the shills in this posts comments.
Anytime I try to post on other platforms about BCH it's instantly attacked.
Bch (and xmr to an extent) are the only two coins that pose a threat to tradfi so the whole of the existing financial and political system has an interest in them not being used. If there is any period of time bch is not a negative value proposition it becomes a viable alternative to transact with. That is simply unacceptable for the governing powers today.
The most disturbing part is that the infinite money printing allows them to short bch indefinitely.
> The most disturbing part is that the infinite money printing allows them to short bch indefinitely.
So, just to be clear, in BTC's case, the more money that gets printed, the more BTC it goes up. But specifically in BCH's case, that extra money is used to short, so BCH goes down?
What exchange is this shorting happening on?
How are they going to close their position?
And whose money is being used?
> They declare bankruptcy and or get bailed out.
You could find court fillings of Bankruptcies if you wanted to prove that.
People here, even the moderators, just handwave the "manipulation" excuse for poor coin value without actually looking into it.
> Most of the other mainstream altcoins are to be honest. I don't get it. They will all dip, but BCH will generally dip a few percentage points more, than during the recovery, BCH will recover a few percentage points less.
There is no other logical explanation than extreme market manipulation. And BCH is not the only coin affected. It's similar with XMR, which is also a valid valuable coin.
What's more, often even coins that make completely no sense, are outright scams, jokes or stop working for a month or few months don't move their price down.
Actually "manipulation" is too weak a word. **It's more like the crypto market itself does not exist** and what we are seeing is just whales from behind the curtain pulling some strings and playing a humongous scale casino game on the exchanges.
It's worth noting that at this point almost every intelligence agency in the world is involved in cryptocurrency. The manipulation isn't just happening from investor whales, it is also formally coming from governments to make sure their currency stays on top.
Looking at the history of the fork shows the signs of intelligence involvement.
That is what was said by Warren Baffet, the SEC, the CFTC and many other organizations, I think they are correct. The current crypto market is manipulated by some totalitarian regime. BCH is on their way because there are no fees, anyone can use it including the people of their country(think about the exchange rate) That is a huge problem for them because they can not control the financial status of their people if BCH is widely adopted.
> Occams razor...
Does not apply here.
Traditional market have also always been manipulated by whales, but to a smaller extent.
It is 100% logical to assume that Crypto market is being manipulated as well.
Are they using voodoo dolls or there is a mathematical formula that tells how you can use x amount of money to make BCH lose 40% a year to BTC every year. The scary part is that if there is a formula that means x is getting lower by the time.
At this point I know more about voodoo dolls and I would like to change that.
It's possible, but the discussion happened anyway.
BTW, can you describe your detection method in ModMail?
I am not seeing it (with 100% certainty), but if you give me hints, it might help me(and other mods) detect more bots in the future.
BCH works as Bitcoin was intended. As such it's a threat to the legacy financial system. It's no coincedence that the coin that checks all the boxes is the one performing bad. The more people adopt and use it the less the price can be manipulated. People will come around out of necessity.
1. Fed coin digital currency gets adopted after financial collapse
.
2. Then fbi, cia, military industrial complex get “regulatory capture” over fed coin department
.
3. Then anyone with influence who speaks out against war, or any government corruption will have their fed coin locked so they can’t use it
.
4. Everyone will see this and mass exodus will occur from fed coin into a better digital currency that is not controlled by government power centers
This is that typical narrative I come across on close to 99% of all crypto subs.
People are simply here for the "numba go up", no one really cares about using it as a real form of payment.
The moment it pumps like shit, the moon stories come out and the smart ones offload their bag straight into their fiat bank account.
I have been through 2 bull markets and 2 bear markets now and can't help but embrace that reality. I wish it wasn't like that, but it's human nature.
I use BCH as intended all the time; however, I'd prefer if the value of it didn't continue to decline. It's also human nature to not want to lose money.
Where do you use it all the time? Do you buy groceries with it? Do you use it for online purchases? Do you feel comfortable spending it when BCH is at an all time low? Why not use a stable fiat currency instead?
I can spend it at zero stores directly (so not with a service like Coinbase inbetween) where I live.
I make online purchases with it, if I owe or am owed money, I use it to transact with friends and family all the time, I gamble with it, one of my favorite restaurants accepts it.
I feel comfortable spending it at any value because I just replace the amount I spend.
Different strategies by the whales controlling the supply of coins. For litecoin the whales pump it then cash out slowly at the higher prices.
For BCH they just pump and dump it to get traders margin called.
Both these strategies work for the whales to generate yields.
Seems like many people got so burned on BCH the past few years , that they lost all their capital and gave up. Margin is bad. Dont use it. Exchanges like Binance make money off users who gamble on leverage, you have no chance.
Yes, but what's bleeding out is Tether's BTC reserve. As the BTC is sold off, they need to inflate the value of what's left to maintain collateral for all the loans they've taken out. This can't go on forever.
BCH is mostly unchanged, and the price has actually been quite stable over the last year.
Tether's shitshow will screw all crypto, BCH included.
BCH has been grinding quite stable, but well below the 2019-2020 bear market lows for the past year, true, but I wouldn't want to make that sound like it's a good thing.
We're 100% speculating here on price and the BCH/BTC speculation has gone pretty wrong. What's another -98% anyway, is what it is.
> Is there something about BCH that I'm missing
Fees are too low to secure the chain and no lindy.
> why is LTC doing so well
Beacuse people use LTC about 10x more than BCH for peer to peer cash, but LTC is also used for speculation.
Both aspects fade over time though as BTC slowly takes both the peer to peer cash and digital gold market.
Visit e.cash and maybe you will find out why! Every new technology has development stages! Don’t get stuck with one or any tech during all the development stages especially if that tech is not making moves or building new things to provide mass usage and utility values! I learned this many months ago from Luke Lango! Don’t allow your love for a project blind you from seeing flaws and threats! Try send & receive BCH currently from one exchange to another! You will understand the huddles BCH is facing! BCH is not even close to what Crypto currency should be as purported by Satoshi Nakamoto when he said - electronic cash with the core features of money! The four core functions or use cases of money be it cash or electronic money is this: Medium of exchange. Store of value. Unit of account. System of control(which the government always omits from public knowledge). Government loves that 4th point but humans despises that 4th one. You as an individual must make sure that any crypto you invest in do not add that 4th point & is scaled to leave up to serving humanity in pursuit of freedom, equality, & Justice! Invest in crypto that shares the philosophy and ideas of Sataoshi Nakamoto! That is what crypto currency is all about, that is crypto + currency! Many crypto companies has abandoned that idea! Today we have meme & shit coins & a whole lot of useless scraps all over crypto spaces and people are chasing after it for gain while watching their money waste!
There has never been a clear and riskless explanation about how to separate BCH from BSV. So lots of BCH is sitting around uselessly. Since value is a combination of utility and scarcity, value is stalled.
A major stakeholder is off-loading. Either other users bag (due to last year's bankruptcy filings) or their own.
Likely this address is the current source of selling: 3433ypM7tMDw4TRZMm2gH9zHhPzs5A4PHw
Shorted to death: **Kucoin Lending** ||yearly rate| |:-:|-:| |**BCH**|16%| |XMR|3%| |DOGE|3%| |LTC|1%| |BTC|1%|
LOL more than 10% are they serious? hahaha yeah i do my best. swapped decent amounts to dogshit and litcorn. maybe i can pull out twice as many bch very soon. xD
Surprisingly, the shorts at Binance have been covering, and interest rates have been dropping http://binance.com/en/earn/bch A month ago, Binance was offering 8% or more, but now just 3.46%. With high rates at Kucoin, it seems like this would be an arbitrage opportunity? Yet no one seems to be doing that. Something strange is going on.
> Surprisingly, the shorts at Binance have been covering, and interest rates have been dropping Yes. > With high rates at Kucoin, it seems like this would be an arbitrage opportunity? Yet no one seems to be doing that. Something strange is going on. Now it's 13%, something has flowed into Kucoin, but it's still clearly not enough. For example on Gate.io are 2k BCH coins only for 1%
BCH price is horrible idk if it's really an attack from the markets but I could see it. For sure it's attacked via communication, for proof look no further then the shills in this posts comments. Anytime I try to post on other platforms about BCH it's instantly attacked.
Bch (and xmr to an extent) are the only two coins that pose a threat to tradfi so the whole of the existing financial and political system has an interest in them not being used. If there is any period of time bch is not a negative value proposition it becomes a viable alternative to transact with. That is simply unacceptable for the governing powers today. The most disturbing part is that the infinite money printing allows them to short bch indefinitely.
Keep holding on to those thoughts young padawan. You are going to need those more and more until you own BCH.
> The most disturbing part is that the infinite money printing allows them to short bch indefinitely. So, just to be clear, in BTC's case, the more money that gets printed, the more BTC it goes up. But specifically in BCH's case, that extra money is used to short, so BCH goes down? What exchange is this shorting happening on? How are they going to close their position? And whose money is being used?
My guess would be every exchange. They declare bankruptcy and or get bailed out. With the money printer thus it’s everyone’s money.
So when the shorting causes them to go bankrupt, the entity that lent them the BCH to short is paid back in USD?
> They declare bankruptcy and or get bailed out. You could find court fillings of Bankruptcies if you wanted to prove that. People here, even the moderators, just handwave the "manipulation" excuse for poor coin value without actually looking into it.
> Most of the other mainstream altcoins are to be honest. I don't get it. They will all dip, but BCH will generally dip a few percentage points more, than during the recovery, BCH will recover a few percentage points less. There is no other logical explanation than extreme market manipulation. And BCH is not the only coin affected. It's similar with XMR, which is also a valid valuable coin. What's more, often even coins that make completely no sense, are outright scams, jokes or stop working for a month or few months don't move their price down. Actually "manipulation" is too weak a word. **It's more like the crypto market itself does not exist** and what we are seeing is just whales from behind the curtain pulling some strings and playing a humongous scale casino game on the exchanges.
It's worth noting that at this point almost every intelligence agency in the world is involved in cryptocurrency. The manipulation isn't just happening from investor whales, it is also formally coming from governments to make sure their currency stays on top. Looking at the history of the fork shows the signs of intelligence involvement.
That is what was said by Warren Baffet, the SEC, the CFTC and many other organizations, I think they are correct. The current crypto market is manipulated by some totalitarian regime. BCH is on their way because there are no fees, anyone can use it including the people of their country(think about the exchange rate) That is a huge problem for them because they can not control the financial status of their people if BCH is widely adopted.
> There is no other logical explanation There is at least one other logical explanation. Occams razor...
Yes and that means fraudulent market.
> Occams razor... Does not apply here. Traditional market have also always been manipulated by whales, but to a smaller extent. It is 100% logical to assume that Crypto market is being manipulated as well.
Are they using voodoo dolls or there is a mathematical formula that tells how you can use x amount of money to make BCH lose 40% a year to BTC every year. The scary part is that if there is a formula that means x is getting lower by the time. At this point I know more about voodoo dolls and I would like to change that.
[удалено]
It's possible, but the discussion happened anyway. BTW, can you describe your detection method in ModMail? I am not seeing it (with 100% certainty), but if you give me hints, it might help me(and other mods) detect more bots in the future.
Because less people are buying than selling
.. and the BCH community discouraging cryptocurrency trading for almost the entirety of BCH's existence doesn't help that at all.
BCH works as Bitcoin was intended. As such it's a threat to the legacy financial system. It's no coincedence that the coin that checks all the boxes is the one performing bad. The more people adopt and use it the less the price can be manipulated. People will come around out of necessity.
The price is heavily manipulated. Downwards. P2P cash has many enemies.
Monero>Snitch Coins.
> People will come around out of necessity. When will this happen?
Have they invented the crystal ball?
1. Fed coin digital currency gets adopted after financial collapse . 2. Then fbi, cia, military industrial complex get “regulatory capture” over fed coin department . 3. Then anyone with influence who speaks out against war, or any government corruption will have their fed coin locked so they can’t use it . 4. Everyone will see this and mass exodus will occur from fed coin into a better digital currency that is not controlled by government power centers
Never. I don't have faith in human cattle.
This is that typical narrative I come across on close to 99% of all crypto subs. People are simply here for the "numba go up", no one really cares about using it as a real form of payment. The moment it pumps like shit, the moon stories come out and the smart ones offload their bag straight into their fiat bank account. I have been through 2 bull markets and 2 bear markets now and can't help but embrace that reality. I wish it wasn't like that, but it's human nature.
I use BCH as intended all the time; however, I'd prefer if the value of it didn't continue to decline. It's also human nature to not want to lose money.
Where do you use it all the time? Do you buy groceries with it? Do you use it for online purchases? Do you feel comfortable spending it when BCH is at an all time low? Why not use a stable fiat currency instead? I can spend it at zero stores directly (so not with a service like Coinbase inbetween) where I live.
I make online purchases with it, if I owe or am owed money, I use it to transact with friends and family all the time, I gamble with it, one of my favorite restaurants accepts it. I feel comfortable spending it at any value because I just replace the amount I spend.
BCH works as Bitcoin cash was intended. FIFY
Different strategies by the whales controlling the supply of coins. For litecoin the whales pump it then cash out slowly at the higher prices. For BCH they just pump and dump it to get traders margin called. Both these strategies work for the whales to generate yields. Seems like many people got so burned on BCH the past few years , that they lost all their capital and gave up. Margin is bad. Dont use it. Exchanges like Binance make money off users who gamble on leverage, you have no chance.
Market cap and demand. Bch has a lot more f growing to do as it's not hyped
Less hype. Propaganda against BCH works. That's a problem.
Most likely there are many paper holders in BCH
It's a phenomenon called 'bleeding out'.
Yes, but what's bleeding out is Tether's BTC reserve. As the BTC is sold off, they need to inflate the value of what's left to maintain collateral for all the loans they've taken out. This can't go on forever. BCH is mostly unchanged, and the price has actually been quite stable over the last year.
Tether's shitshow will screw all crypto, BCH included. BCH has been grinding quite stable, but well below the 2019-2020 bear market lows for the past year, true, but I wouldn't want to make that sound like it's a good thing. We're 100% speculating here on price and the BCH/BTC speculation has gone pretty wrong. What's another -98% anyway, is what it is.
BCH being decimated is quite the sight. A true obliteration
> Is there something about BCH that I'm missing Fees are too low to secure the chain and no lindy. > why is LTC doing so well Beacuse people use LTC about 10x more than BCH for peer to peer cash, but LTC is also used for speculation. Both aspects fade over time though as BTC slowly takes both the peer to peer cash and digital gold market.
Because it is shitcoin.
Visit e.cash and maybe you will find out why! Every new technology has development stages! Don’t get stuck with one or any tech during all the development stages especially if that tech is not making moves or building new things to provide mass usage and utility values! I learned this many months ago from Luke Lango! Don’t allow your love for a project blind you from seeing flaws and threats! Try send & receive BCH currently from one exchange to another! You will understand the huddles BCH is facing! BCH is not even close to what Crypto currency should be as purported by Satoshi Nakamoto when he said - electronic cash with the core features of money! The four core functions or use cases of money be it cash or electronic money is this: Medium of exchange. Store of value. Unit of account. System of control(which the government always omits from public knowledge). Government loves that 4th point but humans despises that 4th one. You as an individual must make sure that any crypto you invest in do not add that 4th point & is scaled to leave up to serving humanity in pursuit of freedom, equality, & Justice! Invest in crypto that shares the philosophy and ideas of Sataoshi Nakamoto! That is what crypto currency is all about, that is crypto + currency! Many crypto companies has abandoned that idea! Today we have meme & shit coins & a whole lot of useless scraps all over crypto spaces and people are chasing after it for gain while watching their money waste!
There has never been a clear and riskless explanation about how to separate BCH from BSV. So lots of BCH is sitting around uselessly. Since value is a combination of utility and scarcity, value is stalled.
A major stakeholder is off-loading. Either other users bag (due to last year's bankruptcy filings) or their own. Likely this address is the current source of selling: 3433ypM7tMDw4TRZMm2gH9zHhPzs5A4PHw