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GOOD MORNING STEEMIT!
Check out this latest article from Crypto Coins News where old mate Roger Ver (Jesus) declares Bitcoin Cash is Bitcoin.
Here's some extract gold from the piece.
Bitcoin cash proponents Roger Ver and Calvin Ayre have announced a plan to use their influence and considerable wealth to rebrand bitcoin cash as “bitcoin”.
Ver, an early bitcoin investor once nicknamed “Bitcoin Jesus”, has incurred the ire of much of the bitcoin community over the past several years, primarily due to his repeated support for contentious hard forks associated with the evolving block size debate
Ver and Ayre announced that they consider bitcoin cash to be the true heir to Satoshi Nakamoto’s vision and will begin referring to it as “bitcoin”.
So bitcoin.com is going to start calling Bitcoin Cash Bitcoin...
This reminds me of that time on Seinfeld when Kramer decided that daylight savings time was better, so he changed his watch immediately.
The problem was that everyone else was an hour out and pandemonium ensued. I mean what could possibly go wrong here, right?
It doesn't matter how many times you say it champ, Bitcoin cash is NOT Bitcoin. Bitcoin is Bitcoin.
Absolute madness.
Now, while opinions can be twisted or misrepresented however you please, charts cannot. Price doesn't have an agenda and never lies. It is always open for you to see and is what it is.
Check out yesterday's +20% pump:
BCH/USD Daily
BCH/USD Hourly
But as you can see, price only managed to push straight back into resistance. Don't let yourself get caught up in the hype!
Also make sure you do yourself a favour and avoid typing in the $BCH cashtag into your Twitter search bar and DEFINITELY don't follow anyone who tags their one eyed Bitcoin Cash themed rants.
"Bitcoin Cash IS THE TRUE BITCOIN!!11!"
LOL, yeah alright champ, calm down.
Peace.
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This is basically a shit post. The OP didn't compare Bitcoin Cash and segwit-coin to original Bitcoin and show the similarities and differences to actually make any kind of point. If he had, it would clearly show that Bitcoin Cash is indeed just like earlier versions of Bitcoin before being corrupted by bankers
For you, OP:
I recently sold all my remaining BCH. I asked myself: Do I really want Bitcoin Cash? If I had fiat to invest right now, would I put it in BitcoinCash? The answer is no. So there was no point to have money in it. Just another altcoin.
My thoughts exactly. I also dumped the remaining Bitcoin Cash I had left.
There are much better altcoins to have capital allocated toward, not to mention Bitcoin itself.
Indeed a good decision ..
Cheers mate. I hope so ;)
If you are not sure which bitcoin is real just get reddcoin. Its dirt cheap and has potential but read the white paper first.
Bitcoin is the real Bitcoin. I don't see how this isn't straight forward? :P
hi, @forexbrokr, great info analysis. are you looking at a short term resistance to a longer term uptrend - or - a bit of a downtrend for a week or two?
In my mind I keep hearing someone humming the Dutch Tulip Bulb Blues but in my heart I feel like there is a lot of upside left, my taxi driver isn't telling me stories of how he sold his house to buy bitcoin yet.
oh wait, then there is this bit of news > http://www.independent.co.uk/news/world/europe/man-sells-everything-for-bitcoin-moves-family-to-campsite-a7994751.html
Hey mate, thank you for the great comment!
First of all, I don't day trade BCH/USD. But my general trading strategy sees me try to take trades depending on if price is above or below higher time frame support/resistance levels.
So in this case, while price is still capped by the resistance line that I have marked on the chart, I would only be shorting.
Haha I love this contrarian indicator for figuring out when the top is in. I asked my taxi driver about crypto on the weekend too and he had no idea. There's still plenty to run in crypto yet... just would rather allocate my funds to coins other than Bitcoin Cash.
Who needs risk management when crypto just goes up forever.... right?
Awesome response, you are someone after my own heart.
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Did you know that some of the British football clubs is no longer own by the British?
Is this meant to be an analogy?
Indeed...Bitcoin is going to be exactly like the British football club...a new owner, most probably from China.
Well that's pretty much what Bitcoin Cash was. Just a small group of miners from China that wanted to make more money.
Man, don't get me started on foreign ownership in football. The game is no longer about the fans. Just foreign business interests. Sad really.
Lol @ Kramer. My day is made :)
How good is Seinfeld. Can always related whatever is happening in real life back to the show :P
http://moneymakingway.com/amazon-review-sites/
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You are what is wrong with Steemit. You not only post random spam, but you can't even fucking copy and past your HTML correctly.
Dead set pest.
Lol. I was going to write something about how much I liked your post. But I think I like this comment more.
Goddddddddddddd.
Don't take it as an insult. I did actually like your post. It's just your response to spam farmer here cracked me up.
Haha no, I got that. My 'goddddd' comment was just because the spam gets so frustrating to deal with here. I needed to just vent :P
Have a great day Choo!