Im not going to say much about this - it's a way off and might never happen. I'll only type that in 3 weeks (is that fork time?) - if this flat dead behaviour of BCH continues and especially if it drops somewhat lower (near all time lows) we may see a revival?
Liquidated my BTC holdings into cash and 1/3rd going into BCH. Got it at 350 and 320. If BTC crashes to 3500, will there be an impact considering that it's already undervalued. Thanks!
4XXXX
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@imkeshav, hi. I do not not know what is going on. Most folk think they do and the charts say this and that loud ... yet again and again, I see and sense great movement that surprises most. These surprises are in the charts, yet is more subtle. I would say trust your own deep sense, no one else's. Plus you are the Joker card! Everytime I do not - I lose. My charts, whilst very simple on here, endeavour to offer a clue.
SheriU
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All I know is that this is best as a long hold
4XXXX
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@SheriU, hi. Certainly not much point in letting it go now at this low price. Personally I would like to see it go lower and even hit those all time lows as that might well kick it up (lightest strong/dotted blue line). I feel that this might be some kind a 'war' between the two forks? Just a guess. The chart is a very long projection. I have heard that Bitmain accepts only BCH for their mining equipment ... I think because they started all this? Anyway - all the best. Thks for the look/comment.
SheriU
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@4XXXX, there is 2x and then bitcoin silver in December also bitcoin dev has created a rival to bitcoin called Metronome that will go on sale in December. BTC will continue to dangle the fork carrots to push up the price. But I’m guessing the miners will decide. I’m stayung out of the sh#t fight and staying in BCH. If it drops lower it will be an even better buy. Best of luck to you too xx
4XXXX
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@SheriU, --- yes, I agree, it's terrible. If a new token is created with different attributes, then rebrand it (i.e LTC) and let it stand on it's own merits. It's a disaster all round. re: Metronome - I just read about that today and am intrigued. A cross-blockchain token with other proposed solutions incorporated. It read well, we shall see. Thanks for your time.
SheriU
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@4XXXX, any time. I’m only guessing, but this could mean the start of many forks. Feels like something between ETH, ico’s and air drops. I guess it’s an evolving space. Just when you thought you knew what was happening, something new pops up. The space is speeding up fast....
4XXXX
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@SheriU, it's tripping over itself and trippin'. New tech everyweek, superceding the previous before any real world adoption. This article sent to me in chat today is interesting - you might like: usv.com/blog/fat-protocols