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!
Agree. Bitcoin cash is the real one. I see people starting to understand there the real bitcoin is.
Alcor_
⋅
Roger Ver has lost a lot of respect recently, I think you give him way too much respect. He is acting immature and behaves more like a politician than an honest entrepreneur and innovator in this space. Too much ego (look at me I'm a millionaire!) and just too little substance. Same for McAfee he clearly lacks understanding of Bitcoin although he does recognize its potential and knows it can make him money and get him some attention. I have way more respect for people like Andreas Antonopoulos, Nick Szabo, Greg Maxwell, Peter Todd and even Adam Back because they clearly do know what they're talking about. But I guess the future will show who's right, people have been holding up obvious scams like Bitconnect for quite a while now but we all know that Ponzi is going to fall apart sooner or later.
DanDate
⋅
@Alcor_, Ver was trying to be a politician before he went to prison, an event he blames on being a controversial politician. McAffee comes across as a conspiracy theorist of similar type, but this is all quite relevant actually as we're approaching the age that your bank account gets frozen because the banks security team analyzed your twitter feed and saw you made a sexist remark youtube.com/watch?v=zy39lvqEx54&t=7s
goldbug1
⋅
@Alcor_, That bitconnect scam is scary, my buddy is doing it I'm like why?
PrashantSingh87
⋅
I think with the Futures out for BTC and that too at just 18k. It will limit the investment of people for BTC. Investments were rapid because of madly run of BTC. Having said that, the futures will give a doubt in minds of people and they will shift to other coins as the other coins promise to return more than 1/8 (BTC returns for next one month being (18-16)/16 = 2/16). The evidence is clear. All coins in green now. Ever seen this happen when BTC was growing madly?
So future is a good move to limit the madly growth of BTC.