The Bitcoin Thread

[Compton_effect]

Woah. Looks like a flash crash is happening. And Coinbase seems to be down all of a sudden.

EDIT. Now it's back up again, but it was unavailable for half an hour. Looks like a serious attack on Bitcoin with a pump for BCash.

 

[SaiyanZ]

Looks like BTC drop was because of massive pump of BCH after listing on Coinbase. BCH is over $10k on Coinbase vs $3k on Bitfinex. Somethings going to give soon. I think there will be a dump of BCH shortly and BTC should increase afterwards.

 

[chopsky]

BTC currently just over $17k (+-220k), but R277k on Luno. Can someone please explain the massive discrepancy? It’s usually about 10%. Not 25%.

 

[JerryMungo]

BTC currently just over $17k (+-220k), but R277k on Luno. Can someone please explain the massive discrepancy? It’s usually about 10%. Not 25%.

Us s/Africans unable to use Luno when it breaks perhaps lol

 

[chopsky]

I see it's around the same price on Ice3x...

Any reliable alternatives for us SAns?

 

[SaiyanZ]

People in sell mode for the last 20 minutes. Seems like people selling hoping that others also sell so that they can buy for cheaper. Edit: Going to bounce back strongly soon.

 

[Kloofvreter]

Dropping big time. Would have bought if it got below R200k, but can't wait for Luno to reflect a deposit

 

[crawler]

Dropping big time. Would have bought if it got below R200k, but can't wait for Luno to reflect a deposit

My deposit from same bank was quick

Verification taking time...

 

[Kloofvreter]

I think I'll just hold. Maybe get some XRP instead :/

 

[hawker]

I'm just holding

 

[Vox Populi Vox Dei]

Looks like BTC drop was because of massive pump of BCH after listing on Coinbase. BCH is over $10k on Coinbase vs $3k on Bitfinex. Somethings going to give soon. I think there will be a dump of BCH shortly and BTC should increase afterwards.

There's huge controversy about the Coinbase BCH price. Currently you can't purchase any BCH on Coinbase. That price is effectively a fake price. You'll the notice the prize has been frozen at $9500 for last few hours.

 

[jman]

Holding this side. Don't panic

 

[broadone]

Lots of selling on Luno, good time to buy...

 

[Kr1mZoN]

Should have deposited some funds to buy.

 

[broadone]

Should have deposited some funds to buy.

Yes in the same boat, too late now

 

[Kloofvreter]

Yes in the same boat, too late now

 

[Noseworthy]

People are selling for Xmas presents and holiday. Just chill and hodl

 

[SaiyanZ]

Made around 15% from this madness. I could do with this drop and rebound every 2 days.

 

[Tman*]

People are selling for Xmas presents and holiday. Just chill and hodl

nah, they using their Credit cards!

Wait till jan2018, then they will sell their BTC to pay off the credit cards!

BCH is probably causing this dip, deja vu from few weeks ago?

 

[Gory51]

How low do we think the usd price will go ?