Bitcoin Cash Price Prediction December 22 Uptrend forming!
Bitcoin Cash Price Prediction December 22 Uptrend forming! Above is the 1 hour chart showing a 1 hour uptrend getting huge support at $2400. Major resistance at $3000. Parabolic Sar is in a uptrend look for a 6 hour buying window before any downswing occurs. With CME future closed nothing is holding back Bitcoin. Limit ups might push it higher after Xmas.
A strong and stable BTC is better for the entire ecosystem. Regardless of which crypto you favor (even BCH!), don’t wish the worst upon Bitcoin. Even if Bitcoin stalls and goes through a bear cycle – it’s better for it to be stable than having people lose their money.
— Vinny Lingham (@VinnyLingham) December 22, 2017
Just heard from another merchant adding BCH.
I think we’ll see a wave of “dropping BTC, customer support costs too high” within six months.
I might be wrong. And even if I’m right it might have negligible effect on short term BTC/BCH prices.
— Gavin Andresen (@gavinandresen) December 22, 2017
— Hernz (@hernzzzzzz) December 22, 2017
Since the @coinbase @gdax insider trading scandal where @cnbc @CNBCFastMoney assisted in falsely pumping BCH to $10,000. noobs on Coinbase paid $9K+ are now at a 60% loss if they were manipulated in the scam
Yep, “Fast Money” alright, for Bcash pumpers and CNBC/Coinbase insiders pic.twitter.com/K9vkDISspL
— Whalepool (@whalepool) December 22, 2017
When it’s cheaper (and sometimes faster!) to FedEx private keys to someone than to send a digital payment, Bitcoin is no longer a P2P electronic cash system.
— Erik Voorhees (@ErikVoorhees) December 22, 2017
Charlie Lee dump!
It’s not about whether Charlie Lee made a good trade or called the top, it’s about dumping all of his coins on his users and investors.
Exactly per above if Bill Gates, Tim Cook (Apple) or any other Owner/CEO dumped all of his shares it would be bad for the future direction of the company.
To me it signifies Charlie Lee will be doing little work in the future on LTC, not that he has done much development on LTC to date regarding new features. What’s the incentive?
He’ll talk the talk, but kick back and take the lazy slow half-assed approach. What is his incentive to drive, grind and work hard on LTC?
This signifies a deterioration of LTC’s long term path and road map going forward.
I did own LTC in the past and made a good return when they integrated SegWit, but sold after learning more about Charlie Lee and his lazy fuck-all Socialist/Central Planning approach to crypto.
Thank him for helping to kill SegWit2x, supporting Core/Blockstream and creating the bitcoin network congestion/high fee environment that is plaguing the entire crypto community as we speak.