Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees
Here is a quick tip...
aug 1 2017 bch is launched...lets say around $200
it goes to $900 within a few weeks, people buy high and are dumped on...
now from the $900 buyers there is 2 types of people, panic sellers on loss as it dropped back to $200 and the average down smart investors
the smart investors kept buying on every dip , accumulating more and gaining cheaper entry point than the original $900 they paid.
The same is happening again but on a higher price point, reason being....
demand has increased as more epople are becoming aware that btc is now segwitcoin and bch performs much better overall.
So the smart buyers from $2800 are buying now and lowering their entry point, while noobs that bought high are selling low and calling bch a P&D lols.
aug 1 2017 bch is launched...lets say around $200
it goes to $900 within a few weeks, people buy high and are dumped on...
now from the $900 buyers there is 2 types of people, panic sellers on loss as it dropped back to $200 and the average down smart investors
the smart investors kept buying on every dip , accumulating more and gaining cheaper entry point than the original $900 they paid.
The same is happening again but on a higher price point, reason being....
demand has increased as more epople are becoming aware that btc is now segwitcoin and bch performs much better overall.
So the smart buyers from $2800 are buying now and lowering their entry point, while noobs that bought high are selling low and calling bch a P&D lols.
It crashed from $2800 to almost $1000 in such a short period just because the one exchange that was causing the pump from a single entity (Ver) crashed the server and now i'm hearing that there is a huge lawsuit from thousands of their customers against bithumb because the crash caused them huge financial loss
so what if it crashed, coins always do a retrace as people take profits after a huge rise.
if noobs are scared, then fine....let them be, we all had to learn the hard way in crypto, its not easy money.
If they are smart they would understand, bitcoin cash is the true upgrade btc required...not segwit corp vision.
If they are smart they would be buying while it drops and get a better price entry point.
as for assholegary.....lol he seems real butthurt.
Butthurt? Why? I increased my bitcoin stash by 20% and I'm now shorting BCH, I love it!
This isnt btc thread btw its the upgraded versions thread. The real Bitcoin is Bitcoin cash
