Many requests for the Bitcoin' cash chart. Well to be honest it has been lack luster of late after having an explosive November. Its quite frankly trading sideways and even though the channel has a nice spread on it, I think one could trade it. Buying the low end of the channel and selling the high of the channel. It has been pretty consistent. Keep in mind it is up more than 400% since mid October. This is a great return so far, but I believe we go higher from here, even though recently it has been pretty lackluster. Is it because of Roger's outrage on youtube? Probably not, like him or hate him you should have respect for the guy! I do. Unlike my lack of faith in Charlie I believe in Roger! How do you bet against Bitcoin' Jesus? I think it is sac religious but regardless of one's opinion it is what it is.
He has also teamed up with another genius, John McAfee, and has invested millions of dollars into various crypto startups is enough for me to want to invest in his vision. Can you imagine the conversations between John and Roger? I'd give 1/2 a bitcoin' to be in that room! I think my mind would explode!
But to be honest, it's all about Bitcoin' right now. It has really stolen the show, and there are not too many coins that have not succumb to the publicity of late. Yes there are a few, but none of the majors other than those trading on coinbase! Lucky for Charlie! But I believe that Bitcoin' Cash' will be the next coin on coinbase and this will boost momentum and price targets.
I know there is the theory that everyone will sell their BCH' for bitcoin once released on Coinbase. Well the argument is most that were in the space at the time, understood this, and had their money on a private wallet and have already sold out. If you keep your money on coinbase it's because your an investor not a trader! So in my opinion it's more likely to see new money flow into BCH' as money flows in from all the hype.
Bottom line.
1) It has name recognition
2) Roger is very respected in the community, regardless on your views on him personally
3) It has faster processing and is cheaper
4) It has scaling
5) It's the real vision for Satoshi. (In my opinion)
6) The website is professional and provides access to merchant providers that you can accept bitcoin
So long term we just need to be patient and wait for the bitcoin' hype to be over with! Roger That!
He has also teamed up with another genius, John McAfee, and has invested millions of dollars into various crypto startups is enough for me to want to invest in his vision. Can you imagine the conversations between John and Roger? I'd give 1/2 a bitcoin' to be in that room! I think my mind would explode!
But to be honest, it's all about Bitcoin' right now. It has really stolen the show, and there are not too many coins that have not succumb to the publicity of late. Yes there are a few, but none of the majors other than those trading on coinbase! Lucky for Charlie! But I believe that Bitcoin' Cash' will be the next coin on coinbase and this will boost momentum and price targets.
I know there is the theory that everyone will sell their BCH' for bitcoin once released on Coinbase. Well the argument is most that were in the space at the time, understood this, and had their money on a private wallet and have already sold out. If you keep your money on coinbase it's because your an investor not a trader! So in my opinion it's more likely to see new money flow into BCH' as money flows in from all the hype.
Bottom line.
1) It has name recognition
2) Roger is very respected in the community, regardless on your views on him personally
3) It has faster processing and is cheaper
4) It has scaling
5) It's the real vision for Satoshi. (In my opinion)
6) The website is professional and provides access to merchant providers that you can accept bitcoin
So long term we just need to be patient and wait for the bitcoin' hype to be over with! Roger That!
