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It would be worth noting that "capiche", "capisce" and variations of it are not an Italian expression. Also, I'm guessing "ora che cosa?" is a direct translation of "what now?" and would be better put as "E adesso?".
It is. It's just a misspelling of "capisci" - second-person singular form of the verb "capire"[1] (to understand).
[1]: http://www.italian-verbs.com/verbi-italiani/coniugazione.php...
"capiche" or "capisce" when you meant "capito?", "hai capito?" or "capisci?" are obviously wrong to anyone you talk to (in Italy).
It's always irritating to be reminded of how the rest of the world sees my country: as a series of (mostly correct) stereotypes.
Stop with that crap.