Today we long BCH ( Bitcoin Cash). Bitcoin Core devs are like dinosaurs. 3 years cannot implement blocksize increase. Segwit is nice, but it is centralisation and has not solved mempool problems. Stick with Jihan on this. Core hates that Wu is utilising ASIC BOOST. Well, is that really reason to split Bitcoin and not allow blocksize increase? Who is the bad guy here? I reckon Bitcoin prevails, with Bitcoin Cash being it's fierce competitor rooted in Asia and also Russia.
Critical Review by Sheri: ,,BitcoinCash retains Satoshi's true code and is more secure while Bitcoin is now SegwitCoin where transactions can be violated and bitcoins lost without a trace. I know which one of Satoshi's chains I'd rather use. Please listen to the researchers and physicists [sic] before writing rubbish. Clearly this is a politically aimed review in the guise of real news. Clear evidence of gross bias and desperate journalism combined. BitcoinCash is being adopted with speed and only days old, the fluctuations in price are no different to bitcoin which was only $700 in February 2017. If you understood anything about cryptocurrency you would understand this is a time to buy BitcoinCash and sell your bitcoins. Buy low sell high is the trend in crypto ;)"
BCH, while being controversial, will find it's place and today's resilience against big crypto bear confirms we are in for good gains in the upcoming weeks.
Happy trading! ;)
Trade closed: target reached
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Hi All!
We are deliberately taking profits here today. Profits are small from the last trade open, yet we are lucky to say it's profits. Today the whole crypto went down, the biggest China crypto event BITKAN has been CANCELLED.
Let's follow TA and close our position on Bitcoin Cash. Expect a lot of cash inflow from ICOs and new investors into old currencies.
There is ONE which I recommend to invest in today. It is called ZCash. The most advanced and most undervalued anon coin which has not been pumped yet. They will finish implementation in Q3/Q4 of 2017. Target 5-10x.
I cannot understand how you can be a fan of BCC and defend chinese mining cartels, who currently attacking/spamming the btc network, causing those mempool issues. The only reason to buy BCH is the pump and dump and make money, thats the only reason for what this shitcoin is good for.
Sabibaby
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@btcfreak, low fees and speed help but I feel bad for all the folks who were tricked into dumping it so early on.
and I feel bad for the bagholders that bought @0.24
Sabibaby
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@btcfreak, That would be terrible timing but most people got it for free!
blushta
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bch actually has nothing to do with that ico news..
obviously the market overreacted a bit, the correction was due anyway - imo
bch doesnt look too bad
MarcelV
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@blushta, I agree with You, Bro. I'm not short. But my trade is over here for now because my trendline broke. It's possible I will hop on again soon.
chikoon
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How come you didn't put gann at the true start of the rally?? at 0.067?
MarcelV
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@robdragan, I usually do and originally I misplaced it where you say, 0.067. One of the members in Goblin Town corrected me. How he places Ganns is true magic, you might know him.