Updated
BCHSV - HOLD
$BINANCE:BCHSVUSDT
BCHSV Wave:
Wave 1 Extended
Wave 3 Normal
Wave 5 Normal
Lower Degree Failed Waves:
Fib Ext. on Higher Degree Wave:
Fib Time on Higher Degree Wave:
BCHSV - HOLD
-Watch for Higher Degree Wave Failure (<$78)
Target $207
Will update.
-AB
BCHSV Wave:
Wave 1 Extended
Wave 3 Normal
Wave 5 Normal
Lower Degree Failed Waves:
Fib Ext. on Higher Degree Wave:
Fib Time on Higher Degree Wave:
BCHSV - HOLD
-Watch for Higher Degree Wave Failure (<$78)
Target $207
Will update.
-AB
Note
Note
Two major mining pools, Roger Ver’s Bitcoin.com and Bitmain’s BTC.com, have decided to take the side of the BCHABC coin to prevent a further ‘hash war’Note
Do they not understand it is NOT about SPIKES in HASH?Note
It's ECONOMICS not who can pay/provide the most hash for days, weeks, or months...Common Sense...
Note
In blockchains that use the Proof-of-Work protocols, it is the longer chain that wins, and so far BCHABC is way longer than BCHSV. The CEO of BTC.com did not specify for how long the company plans to support the ABC network of BCH. Currently, the mining pool seems to be working both with BCH and BTC well enough. During the weekend the pool has produced 10 percent of Bitcoin blocks.Note
So let's get this straight...One Camp (SV) is NOT buying, renting, or subsidizing HASH
One Camp (ABC) is buy, renting, or subsidizing HASH
Why? Because THEY (Bitmain, Bitcoin.com, etc) BELIEVES it is the right chain that everyone should use.
Why not just back down and see what the economics show...scared?
If the economics show that ABC is better and gains consensus fine...but please stop trying to influence others...
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Trying to find a bottom...Note
Will the real hash please stand up!Note
SV just produced a 38MB block - a firstNote
Above link shows SV + ABC side by side.Note
t is clear that ABC has forked away from the original Bitcoin design to the extent that there is no real technical way to combine the two technologies (ABC and original Bitcoin) anymore. Many are even suggesting that ABC has implemented so many changes (CTOR, OP_CheckDataSig, and especially their new checkpoints after November 15 hard fork) that they in fact created a new genesis block, and have forked off to something new which is neither Bitcoin nor even BCH anymore. I also saw some people are calling ABC’s new coin “BAB” because it’s no longer BCH, and even the Bitfinex exchange lists it now as BAB.Note
It is also clear that the 64 MB block mined yesterday with Bitcoin SV proves to the world that we are correct and that Bitcoin, as originally designed, can already scale quite massively. We think without the distraction of this hash election, we can already mine 128 MB blocks and we are predicting potentially 1GB blocks on SV in 12 months, once more technical work is done.Note
1G Blocks would be very significant for SV and the price of SV.Note
Additionally, CoinGeek and friends will make sure that no one in our camp launches any legal proceedings related to the manipulation of customers’ BTC hash or last week’s DDoS attack on CoinGeek’s website.Note
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SV gaining hash...screenshots.firefox.com/yTEw3dMq0MIqmGxc/cash.coin.dance
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Looks like Coinbase opened BCHABC under BCH.No opinion on Tickers. All about the technology.
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What technology is...1. non-corporate, private ownership controlled
2. Can scale effiecently with global demands
3. low transaction fees
4. Stability
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5. DecentralizedNote
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BCHSV is bottoming now.Note
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Market is still being manipulated in my opinion...HODL!
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Great Watch and Analysis: coingeek.com/bitcoin-sv-closest-original-bitcoin-protocol-says-ryan-x-charles/Note
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Breakout Imminent <24 hours...Note
Changing BCHSV from HOLD to STRONG BUYNote
Please visit most recent idea (Above).
Order cancelled
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.