Post
Topic
Board Announcements (Altcoins)
Re: ☑☑☑[ANN][BSD] BitSend -The first Segwit Masternodecoin 0.14.0.5 New Version
by
kronos123
on 15/06/2018, 16:34:55 UTC
IMHO, Bitsend is a trend hugging coin. The price movements of BSD reflects Bitcoin's and not much of a trend on its own. So, basically it's like Dogecoin, where you know it has a bottom and a ceiling. If Bitcoin grows, so does Bitsend.

I had also noticed the same thing; seems to bounce almost always between 5-6000 satoshi to 13-15000 satoshi, just like the dogecoin ..... "easy" operations 2-3 times a year  Wink

So this could also be a good strategy for the accumulation of Bsd, and now it seems to be a good moment, because it is at the bottom of the channel mentioned above.

All this is true as long as Bitcoin maintains its price range between $ 6,000 and $ 10,000; if it were to break the strong annual support of $ 6,000, I fear that it could pull down all the other currencies heavily.