Yes ! It really is. I don’t know if the competition can do as much damage as they think though, when going up against bitcoin. 💪🏼✨
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Yes ! It really is. I don’t know if the competition can do as much damage as they think though, when going up against bitcoin. 💪🏼✨
I agree! I also think it is now time that Roger Ver gets his own website for BCH and stop using the bitcoin.com to spread misleading information. That is one powerful tool in his artillery as most new people might visit it to learn about Bitcoin and get fooled into buying BCH.
Scumbag bch can't do anything. They were rejected. Now all they can do is subvert newcomers by pretending to be bitcoin and spreading fud. Their latest push was with the whole tether thing and trying to scare bitfinex users to close their accounts and send their funds elsewhere. I hope bitfinex sues roger ver and all his lackeys into the ground.
The 25% BCH took away isn't so surprising - after all, it was a spectacular fork earlier this year. So we can say that, if you look at all the predictions from mostly haejin (other folks don't combine long-term prediction with TA, they just guess - while other TA artists don't like to predict further than a few days), those who dared, all landed at 20-22k or so at Christmas.
BCH has taken that away from us, we're exactly 4 k away from that goal, and that is the value of BCH... what we have now is of course a hedge, you can invest in BTC and BCH to make sure that you won't lose money when the other rises, so what the hell - the problem is that the bitcoin nimbus is damaged. People had a religious belief in hodling bitcoin, and that is gone with the wind, giving more credence to the doubters - not good, as the market depends on human beliefs... if the ver-rogers manage to get it up to about 50%, I see real danger for bitcoin classic, as people will then compare and think, "well BCH is the cheaper and faster system, otherwise bitcoin is bitcoin TM, so..."
That it's centralized doesn't count for them (BTCs lack of centralization proved to be a weakness, as all the kooks could play their games).
We should see this as a chance and even duty to strengthen altcoins, so we have alternatives next year when shit happens, as it no doubt will. So if in doubt, invest in altcoins, ideally the stronger ones, nothing below 50% allover score on coingecko (putting money into 500 no-name coins with one pump a month will just make it trickle away).
Wall Street isn't going to take the stronger alts away from us anytime soon.
I am really waiting to see how this whole play ends and I can see the reason why a lot of alts are really pumping hard these days and making it even scary to get into them at their peaks. Still trying to look for undervalued coins right now that can really do the deal for me. I just invested in Trig, XVG, and BAT. What do you think about them? Any other coins come to mind that I can make some research on?
Verge is doing fine (at this moment and generally), haejin will do an analysis on it from time to time.
XVG is bound to swing with ETH and is in good standing - no idea about Trig, it's pretty small and I'm always afraid of such coins, but the chart looks decent. It's just that pumps are so unfathomable with the smaller coins.
You could have done much worse with bitcoin these days ;)
I would really think it best to only invest half over the holidays, for peace of mind's sakes, and a good night's rest ;)