Post
Topic
Board Trading Discussion
Re: What cancer is keeping Bitcoin and the crypto market behind
by
Pursuer
on 25/05/2018, 10:57:31 UTC
Year 2018 has been the worst year for the crypto market by far! So what is the cause, the CANCER of it this year huh?
that is your perspective to see 2018 as a "bad" year. another perspective is seeing it as even a better year than last year. we saw a lot of rise which meant we could buy less and less bitcoin every day to accumulate it for the "big boom". now that price is lower we can buy more of it again Wink

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In my view the cancer is BCH (Bitcoin Cash)
we blame bitcoin cash and specifically Roger Ver's shenanigans for a lot of things that are happening to bitcoin but not everything!

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As you all know bitcoin is the main driving force of the whole market and as long as gains made by bitcoin cash BCH are higher than the ones made by Bitcoin sorry folks Bitcoin will not let it grow that way.
BCH gains were not higher than bitcoin.
BCH gains were not even higher than about roughly 60% of the altcoins!

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That's my simple view to why the market sucks this year. In my view bitcoin cash must die if we are to go up. Notice how as soon as bch starts moving up faster than bitcoin the show stops there. As soon as Cash is down bitcoin and market is breathing again. I am pretty sure if bitcoin cash slides to 5th in market cap it will slide to 6th and then leave the top 10 all together very soon. Maybe we will all have a breather then.
care to show this to us on an actual chart.
try overlapping two charts and point to where you ses this happening