Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
by
J_A_Bankster
on 09/07/2018, 09:11:44 UTC
BCH has a long way to fall yet. It still trades on hype ATM. Floor should be somewehre around 0.06btc IMO.

I disagree... 0.055 was the initial sell off bottom at the start of August 2017.... Then next time BCH got sold off support took over at 0.06.... This April support came in on 0.09 and now we are not falling below 0.1 it seems.... next threshold will be a pump above 0.2 which will be the new bottom going forward imo...

Game theory suggests that the market will push BCH towards (a degree of) parity with BTC soon enough... Not even because of a flippening but merely because the market can do this and there are insane amounts of profit to trade of such a swing...

Unless you borrow your ideas and opinions from talking heads in the eco system, any critical analysis tends to show what is written on the wall... BCH trades on fractal patterns, like BTC from 2009-2014... every fractal dwarfs the previous one...a $10k BCH per coin will happen sooner than later