Weekly E-mails:  Crypto Trading Strategy 5 Weeks of Onboarding Reads. Latest Airdrops (Thu 7 AM EST). Or all of it.

Dismiss   Pick Your Preference
This site uses cookies (More).

 

Reddit on the Bcash runup: BCH vs BTC - #CryptoTrading

Reddit's opinions on why is this happening, Roger Ver sending 25k BTC to Bitfinex, Korean zero-fee volume.
UserGenerated
     · [reports]  · Author: tradingfanbois

Gossip Update on 29 November 2017: Staying in the loop

Roger Ver has been internet-famous just a tad more than usually in the recent days after everyone saw his emotional interview with JimBTC where Ver boasted about his superior business achievements.

The value of BCH has been taking a hit during that time and Ver consequently apologized for losing his cool.

BitcoinErrorLog then shared how Ver called BTC a crippled coin.

From Reddit:


At the time of publishing the Bcash price sits around 1300 USD (0.2 BTC) having dropped from Bitfinex ATH of 2799 USD (0.54 BTC).

Bitcoin Cash forks on Monday, November 13 2017

The November fork (official announcement here) will not create a new coin out of BCH, it is an upgrade aimed at fixing unstable mining and inflation issues. The problem lies in Emergency Difficulty Adjustment (nice writeup from medium.com/@Mengerian). The original Bitcoin Cash “EDA” allowed Bitcoin Cash to survive as a minority chain but eventually started producing wild fluctuations of hashrate. The fork will implement an updated Difficulty Adjustment Algorithm.

Roger Ver sending 25k BTC to Bitfinex

Roger Ver sent a 25k bitcoins from his known address to an address that moved them to a well known Bitfinex address. People started speculating if he wanted to propel the Bcash rally further up or rather dump BTC. With 25k bitcoins, he could cause a flash crash of thousands of dollars on the BTCUSD market, he could also use the money as collateral for margin trading or he could build walls in the books to pull them later – or a combination of all of that. That, or perhaps nothing at all – it may have been a stunt to scare traders.

Reposted from reddit.com/r/Bitcoin/comments/7cefom/roger_ver_just…, original tweet:

Most volume during the BCH pump came from Korean Bithumb, a zero-fee exchange

The Bcash rally started blasting off after the SegWit2x fork was called off

Bcash had some accumulation and creek-jumping before but traders relate it to the SegWit2x cancelation anyway.


Reminder on how to split the bcash from bitcoin

If you haven’t split your bitcoins to get BTC and BCH yet, you can still do it either in your Ledger or Trezor splitting interfaces or by copy-pasting your seed from any wallet into Electron, the Bcash wallet.

  • Download Electron from official site (electroncash.org) only!
  • Before giving away the seed move your BTC to another, newly generated wallet and wait for the transaction to confirm!

Follow this splitting process written by Electrum creators.

 

Last added to Crypto Airdrops, Bounties & Opportunities
Name Date How to access Official URL Additional Info
New Opportunity: Negative Fees on Vaultoro Since 22nd of July 2020 The gold trading platform Vaultoro is now offering negative fees for market makers. The rebate is 0.05% at any traded volume, however it only applies to crypto markets there - not to gold markets. At least the gold fees got cut back to pre-COVID levels on Vaultoro. more here
Cloudbet Turbo Thursday Reload Bonus Every Thursday between 05:00-23:59 UTC Make a deposit of 0.1 mBTC or more today, Cloudbet gives you a 100% Reload Bonus of up to 50 mBTC/1 BCH. Remember you must activate the bonus in your player dashboard before making a deposit for the bonus to be credited! The bonus is only available for the Casino, not the Sportsbook. details
OKEx Crypto Signup Bonus Bonus for Signup OKEx, formerly called OKCoin and known as OKCasino, was the BitMEX of 2015 but has fallen out of favour since. They are now running a similar campaign as Coinbase did to get their signup rates up: If you sign up and buy 100 USD worth of BTC, you get 10 USD bonus. details
CPD project airdrop to BTC holders At BTC halving block CPD project airdrops tokens at BTC halving to anyone who signups with an ETH address and submits a BTC address that is verified via a signed message. The project aims at creating less monopolized internet environment for innovatiove development. details
Ethermon.io ChainGuardians Discord Airdrop and Signup Bonus April 2020 Ethermon announced on Apr 13 that some of their Mons will be part of a new blockchain RPG game developed by ChainGuardians. There is a discord promo for this launch: On the launch date of the ChainGuardians Official NFT Sale, 150 EMONT will be airdropped to the first 10 people who post a screenshot on Discord fighting a Zedakazm within the ChainGuardians RPG along with proof of purchase (TXID)of any ChainGuardians bundle. The signup bonus is to play ChainGuardians game logged in via an anonymous identity from SafeName.io. You get 100 FREE CGC valued at 0.05 ETH, the link to claim is at the page where you land after confirming your email. Signup at Ethermon
Blockstack Free crypto airdrop Jan - Feb 2020 The webwallet blockchain.com is giving away free Stack $STX crypto to their Gold users. The Gold level requires an ID scan and selfie. details
New non-custodial anonymous peer-to-peer Bitcoin trading Opened 19 Nov 2019 If you miss the heyday of LocalBitcoins where anyone could buy BTC locally for cash (which has been banned since this summer) and anonymously (now site-wide KYC is required, plus allegedly LocalBitcoins have been working with three-letter agencies), since 19th November you have the chance to go back in time and buy your corn without ID again - at least for some time. You know that good things like this don't last ... The former ETH marketplace LocalEthereum rebranded to LocalCryptos and offers local and anonymous BTC trading with fully automated escrow that is built natively on BTC blockchain - because bitcoin's smart contract scripting capabilities are good enough for simple stuff like escrows. You can even import your vendor reputation from LocalBitcoins. The reputation import is done via adding a unique code to your LBC profile page, not by linking anything directly, but still in case you like your privacy it's probably only a good idea id you never ID'd on LocalBitcoins. details
Crypto Flowers dApp Game event 12 - 22 Dec 2019 Play the Crypto Flowers TRON version of the dApp game any time between 12 and 22 December to enter the Prize Pool of 100`000 TRX. Just collect and breed flowers and have a chance to win prize pool, no special action needed. details
FanEspo Big Competition (ERC20) All the time Fanespo is launching a new promotion contest worth $500 in FAN tokens. Details will pop up on you when you sign up on site. Overall, the eSports platform FanEspo is giving away the total of $1.6 million of tokens in contests. You need to have a FanEspo account. details
Atomars Opportunity Launch promo There is a new altcoin axchange launched that now offers zero-fee trading, and possibly thinner markets for the market makers around. details