RiversAndMountains
Giá lên

Bitcoin Cash - Distractions Abound; Slow and Steady Win the Race

BITFINEX:BCHUSD   Bitcoin Cash / Dollar
Full post with trade structure on my Yours (in my signature)

The reality of the situation in crypto today is that there is much danger and calamity.

Mount Finex is crumbling and becoming ever more sketchy and ever more dangerous each day. It would appear to me that perhaps, with their new minimum deposit requirements and only processing LTC withdraws quickly, that perhaps they are not solvent.

It would also appear to me that many of the pumps that are happening in crypto are related to Tether, are for the purposes of pumping the alt-BTC ratio, and exiting the market on inflated pairs via KRW             , JPY, and USD fiat exchanges.

The reality is that on Friday, South Korea will announce “measures on cryptocurrency trading” according to a Reuters report that is citing a central bank official.

https://twitter.com/ReutersWorld/status/940743661108723712

Yesterday’s market dump seemed to be related to that news. Markets have since recovered.

But, as we’ve discussed in great detail, Bitcoin Cash             is the one crypto on the entire market that has the strongest fundamentals.

Why?

Because Bitcoin Cash             is Bitcoin             . Except it works.

This is going to prove itself to be a bigger and bigger deal as the future plays out.

Bitcoin             Legacy (BTFee™) does not have a well functioning blockchain.

Fees are still $60/byte, a mere 2,900%+ more than Bitcoin Cash            

Average confirmation time on the BTFee™ network is at a relative low at a meager ~270 minutes.

Ethereum             has proven that it cannot handle itself under the load from even one widely-used smart contract.

Litecoin as discussed, is a very centralized coin in terms of its distribution and its fees, and while albeit much cheaper than BTFee™, is considerably more expensive than Bitcoin Cash             .

And although amidst major market correction, in the absence of a Cashening or a Dragon Slaying scenario, Bitcoin Cash             will dump along with everything else, it’s still one of the the safest, if not the only safe bets on the market to hedge your value and your risk in.

The reality of price action is that we’ve now had two 12 hour candles close outside of the prior downtrend line. Price action is now retesting the 0.382 fib retrace from the mania blow off top, Tenkan-Sen has crossed Kijun-Sen. And we have a green Kumo twist, albeit slight, on the 12 hour chart.

The breakout is real, and although it’s slower than some of the other coins are experiencing, these gains are major and real and we now have a trading opportunity that is arising.

==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party

https://dafoh.org/petition-to-the-united-nations
Bình luận: If you've benefitted from my posts, please take a moment to sign and spread on social media the petition to end the organ harvesting of Falun Gong practitioners by the Chinese Communist Party above.
Bình luận: Bitcoin Legacy correction is real
Bình luận:
Bình luận: New update to trade post on Yours as well.
Bình luận: Price consolidates in the buy area on the trade. Starting to look like BTFee may bounce after dipping below its trendline. regaining it, and then retesting it.

Maximum whipsaw.



Everything still within parameters of the trade structure.
Bình luận: Update #2 on Yours. Things still looking good for now, although choppy.
Bình luận: Update #3 to yours. We are very close to/at a breakout. If you've been following this trade, you're now sitting about 100 points in profit.

Congratulations!
Bình luận:
Bình luận: Trade structure on Yours
Bình luận: Ugh this cut and paste thing on Trading View is annoying. It submits as enter half the time lol.

https://www.yours.org/content/bitcoin-cash---distractions-abound--but-slow-and-steady-wins-the-race-006824b2af28
Bình luận: $1,800 already. We haven't seen that number in quite some time.
Bình luận: Update #4 on Yours.

Congratulations to those who have traded the thread. You're sitting on ~$300 in profit and positioned well to deal with the rest of the run.

Pump and dumps have been there to distract you. The shills like webmi, qdoc, and cryptnight that crawl all over our threads talking shit are there to make you capitulate and miss the opportunity.

You need strong hands.
Bình luận: New Update to Yours trade structure.

https://www.yours.org/content/bitcoin-cash---distractions-abound--but-slow-and-steady-wins-the-race-006824b2af28

Strong, strong breakout.

If you were following this trade you were +$500 profit and we're coming up on target 1.

If you benefit from my posts, please take a minute to sign the petition to end the organ harvesting of Falun Gong practitioners in my beginning post.
Bình luận: Price action nailed our target. If you were following in the trade thread you would have done really well yesterday with $600/BCH in gains.



Currently consolidating. I have to sleep for a while longer but we'll revisit this in a few hours and see if we can find room for further upward movement.
Đóng lệnh: đạt mục tiêu: This trade had its target reached pretty much perfectly. New post incoming for new day's action.
==
Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party

https://dafoh.org/petition-to-the-united-nations
Did anyone else enjoy seeing this get public attention - https://www.youtube.com/watch?v=icxTLRh8qJ8 - view to the end for strong remarks by the panel
+1 Phản hồi
Thanks! Got in at the end but better than nothing, petition signed!
Phản hồi
mmm 2nd target 2500$?
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Baofu111 GabrielCadena
@GabrielCadena, 2,8 but when?
Phản hồi
There's an $80 difference between the price at HitBTC and Bitfinex.....
Phản hồi
@DVemer, My stock market is less than about $ 150 from bitfinex, sometimes it gives less than $ 200
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DVemer Adrian1988
@Adrian1988, That's a bit difference!
Phản hồi
Can't withdraw BCH to Yours from Bitfinex. lol fuk
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David_Aus ErnestEA
@ErnestEA, I withdraw BCH yesterday and it arrived in 3 minutes - versus a BTC withdrawal earlier in the week that took 3 days!
Phản hồi
hell yeah! i ride it!
+1 Phản hồi
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