RE: BITCOIN CASH (BCH) IS ABOUT TO EXPLODE....UPWARDS!! Power of Technical Analysis!!
Yes maybe BCG is a good wave to catch - this next six weeks will be some tough calls for what to HODL and not -I suppose all alts will crash in november.
But speaking of the hardfork(s) - I must confess I feel a bit twitchy =
Conspiracy time: what if the 2x hardfork is designed to sabotage the BTC network altogether? 1. Investors are late to the game and want much bigger holdings of BTC/ leverage / profit in short trades 2. Altcoins are hard to control and are basically peripheral to the main trading targets - the november hardfork will see billions poured into BTC and out of alts in anticipation 3. If there was an attack on the system at the time of the fork, AND an orchestrated sell, the profits/losses/panic/fomo would be enormous.
Nevermind all that -
I just dont think I will be tied up in any one thing more than necessary this fall.
Blockstream is designed to sabotage the BTC. Originally there were plans in increase block size upto 20MB. Then came the devs who were funded by 3rd parties and wanted the blocks to be 1MB. These people are even against 2MB. They have no legit reason to oppose big blocks. BCH is simply bitcoin on the original path. Without protocol level upgrades BTC has no future. without at least 1000 times higher Tx/s capabilities BTC can never go mainstream. The NO2X and SegWit ruins Bitcoin. Bitcoin aslo has no governance model and it isn't self-funded like Dash/PIVX/ZEN. It's easy to sabotage.
https://www.dashforcenews.com/6-ways-dash-uses-economics-solve-technical-problems/
https://www.dashforcenews.com/bitcoin-cash-vs-dash-will-fulfill-satoshis-vision/
https://steemit.com/btc/@devrim/a-rant-about-the-bitcoin-and-its-hardforks-bch-and-2x