Fibonacci rings are fused into the time-space continuum. I don't know what will happen. Drew this a long time ago. It's the "mad man's pondering" chart that somehow got fused into destiny. I didn't show it to you guys but it still traded according to the pattern, and still is. I think the giant bullish Fibonacci will win and Bitcoin cash will win over Bitcoin. But remember that I don't know anything. I just guess by looking at the chart.
Comment
⋅
If BCH breaks $1330 it probably moves to $1700
Comment
⋅
Resistance became support. Could move up to $1666 any day now.
Comment
⋅
Comment
⋅
Comment
⋅
Since some of you seems to like this since you voted it up so quickly, here is a zoomed in version of it.
Hate being so right and so wrong at the same time... I'll crawl back into my dark cave now and ponder.
Comment
⋅
Meeting outmost Fibonacci ring currently. Strap on your thong/seatbelt.
Comment
⋅
The Fibonaaci ring it is challenging is the one from the Mad mans pondering chart that got inprinted into tim-space continum somehow.
This is the old old chart... below... (created November 23) click on it for more charts.
For the record, I do believe that bcash is due for a monster pump. There is just too much money, power and ego behind it for it to just slowly fizzle away like that. Yes, bcash will be a great trade. But the question is is it a great chance to profit in fiat, more bcash or more btc?
Actually, I am open to the idea of the big block vision competing with the small block vision in an ethical way. If humanity makes the choice for big blocks through free will then I can accept that decision. But I can cannot accept that vision if it's achieved through fiat money power, coersion, aggression, and mind manipulation (propaganda). Bcash should compete on it's own merits, meaning they should change the PoW.
fortunekr
⋅
Interesting charts. If bcash were to cross the price of btc, that would mean the big block, speed over security vision would win as well. It also means the cautious, convervative, decentralised phiolosophy is rejected for the risk-taking, centralising, hierarchical, dogmatic ideology.
So what does that mean for us? Will bcash be able to successfully take away some of the greatest minds on the planet from the development of btc? Will Jihan, Roger and Craig become the 21st century equivalents of the Rothschilds and Rockerfellers? It's an open secret that bitman controls over 60% of the hashrate of bcash, meaning they have the power to reject or rollback transactions at will. So this is our vision for the future? Very depressing.
If it does play out like that and bcash becomes the king, I will liquidate all my btc and stay in the only ethical coin left - litecoin (the real lifecoin). That really is a dark dystopia I really never want to see.
Actually, I am open to the idea of the big block vision competing with the small block vision in an ethical way. If humanity makes the choice for big blocks through free will then I can accept that decision. But I can cannot accept that vision if it's achieved through fiat money power, coersion, aggression, and mind manipulation (propaganda). Bcash should compete on it's own merits, meaning they should change the PoW.