IMO it is hard to trade XCH because of the low supply. The price jumps up and down like nothing (it is a little predictable but you need to act fast sometimes if you daytrading) :-D And I am still sure we are not at the bottom. I am not even sure if BTC was at the bottom or if we will see fall it down to 25k or even much lower. I sold 75% of my XCH on 266USD. I plan to rebuy XCH on the next BTC uptrend and expect it to fall to at least 240 USD (but could be much more, even below 100 USD, depending on the momentum of BTC). The lower it falls the more XCH I will own ;-)
RsiWolf
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almost looks like ascending triangle? could be rising wedge also though not sure here..
omidtbv
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Bramcohen is scammer and doesnt care about price of xch.
I told ya this when it was $1400
Everything pumped except this
The answer is easy!
The owner and its team selling hard
MarketM8ker
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@omidtbv, None of the chia team has sold any of the chia in reserves. Its mainly been the miners selling off. The project is new and only on 3-4 exchanges and it already hit $1500 i'm honestly surprised it didn't tank any lower than it has. This coin can easily hit 5 digits within a year or two. Once its listed on big exchanges and they go public prepare to take off
omidtbv
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@allewis245, keep dreaming and be happy.
Chia team was the firsts which started mining
Yes they didnt the pre mind which mentioned ago but they are selling all incomes from the miners.
Xch is a red coin which can give you benefit in any market by shorting it.
Soon sec will search for bram cohen.
MarketM8ker
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@omidtbv, Not true in the slightest. I was there the day mainnet launched and I participated in the prefarming and the netspace was almost nothing. I was receiving 2xch every 2-3 days with only 10tb of of storage. If they really wanted to they could've owned the majority of the netspace and cashed out but they didnt. Anyone could've participated in pre-fram. The only XCH to be "moved" not even sold from the chia network wallet has been for the farming rewards. I pre-farmed $50,000 worth of xch so I wouldn't call that "selling miners income".
omidtbv
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@allewis245, its okay.if you think it worths invest in it. The only happy guys after xch run was bram cohen the big scammer and hard drive sellers
Atleast go read walletinvestor and many other price predictions about later.
MarketM8ker
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@omidtbv, Price prediction websites for crypto are the biggest joke of the century. Half of them aren't even close to accurate and the ones that are even remotely close are the ones that pull realtime price data and tell you what the price currently is. I highly doubt the SEC is coming to remotely close to seizing the company as they're already planning to release the IPO within the next few months. Scam coins usually pop up out of nowhere. XCH has been in the works for the past 3-4 years now. It sounds like you made the mistake of buying XCH right when it launched, which isn't a good idea for any coin or even stock for that matter.
omidtbv
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@allewis245, i never buy / bought a scam coin. Im in market since 2014 .
You are a dreamer that think on 5 figurs per xch . The xch didnt have an official pool till last 2 months , it doesnt have an official block explorer, they didnt know that can mine faster with their app and a developer just did it for them. Still alot of bugs and unhappy miners and you dreaming about 5 figurs per xch ? You didnt even check the Fully Diluted Market Cap for xch is 5B usd, 5 figuers make it 500B usd, ? What a joke.
Xch price was 2k while btc was around 60k
Now btc around 50k and xch dropped 86%.
The thing that happens in scam coin.
Even the memecoins like shib,moonsafe ,feg listed on many exchanges but xch couldnt get approve. The answer is easy: the exchanges want to protect their customers.
By the way BUY and get RICH by xch😂👍
Ill bring up this comment again in next year when xch was around 50-70usdt.
Just4FunTrader
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@omidtbv, please post more FUD all over the place. More FUD = lower Price = Good for me :-D
I told before transactions released that the futures price where way too high on exchanges. 1.6k for a new coin? Maybe in 5 years. I told the people that even 200 USD would be overpriced (because the netspace was not that high in the beginning). You are just mad because you bought way too high and could not wait until the price consolidated and now you call other scammers instead to stand to your own mistake and greed. You are too emotional dude. Way too emotinal.