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Bchabc

BTC selloff funding Hash War? This isn't really analysis, because all you can see is a dramatic selloff for no logical trading purpose. This is right after Dr. Wright, "Satoshi" or "Fake Satoshi," said he was going to fund his hash war against BCHABC by selling BTC for USD. I see people look at the hashrate, then look at the market, and they say "HA! BCH ABC has already won." Wrong. BCH is using forced hash, borrowing hashing power from BTC.com (Miners mining Bitcoin). They are reliant on "forced hash," in which miners trust pool operators to direct mining to what's profitable, yet the pool miners are directing the hashpower to mining BCHABC which is mining at a loss. This means BCHABC is manipulating the market and stealing from miners. SOUNDS LIKE A SOLID LONG TERM PLAN. Dr. Wright, of BCH SV, knows full well that his hashpower is mining at a loss, hence the "having to fund with BTC." His goal is to kill BCH ABC and make Bitmain, the near-monopoly on ASIC miners, bleed money trying to prop up the hashrate on BTCABC. Advice? Short everything or get the hell out of the market until the hash war is over. If you think ADA or BAT or something else is cheap now, if BTC falls to $1000 or lower, Altcoins are going to be a bloodbath. Or, this selloff has nothing to do with the Hash War and our kids are about to have a bad Xmas regardless.
BITFINEX:BTCUSD
by kekno3030
The fall is not going to stop for nowWhether it is influenced by the hash war or the general market shakedown, BCH doesn't seem to have dealt with the changing situation successfully. The hash wars have depressed the BCH market price with it going ore than 28% down in the past week. Exchanges are adding to the confusion by granting BCHABC the BCH ticker. Just as prices are dropping, those holding BCH are uncertain of withdrawals, as well as whether they own the right type of asset. At this point, the hashrate competition, in which both chains produce regular 10-minute blocks, does not determine which network is valid or valuable. More on the topic here: cryptovest.com
KRAKEN:BCHUSD
by JamBirrt
1
BitMax's BCH is based on Polonics' BCHABC.Hello, I`m Liyatt. Currently BitMax's BCH is based on Polonics' BCHABC. Therefore, please note that this analysis is not appropriate for those who do spot trading. Which was important to maintain the upward trend. Unless I rise to 0.075 BTC -0.12% , I think the downtrend will continue. In the long run 0.075 BTC -0.12% In the short term, if we can not break above 0.058 ~ 0.063 BTC -0.12% , we think it is a sweeper and we think it is down to 0.029 BTC -0.12% . I am a Korean trader. Please understand that English is immature. :)
BShort
by Liyatt
BitMax's BCH is based on Polonics' BCHABC.Hello, I`m Liyatt. Currently BitMax's BCH is based on Polonics' BCHABC. Therefore, please note that this analysis is not appropriate for those who do spot trading. Which was important to maintain the upward trend. Unless I rise to 0.075 BTC, I think the downtrend will continue. In the long run 0.075 BTC In the short term, if we can not break above 0.058 ~ 0.063 BTC, we think it is a sweeper and we think it is down to 0.029 BTC. I am a Korean trader. Please understand that English is immature. :)
BShort
by Liyatt
BitMax's BCH is based on Polonics' BCHABC.Hello, I`m Liyatt. Currently BitMax's BCH is based on Polonics' BCHABC. Therefore, please note that this analysis is not appropriate for those who do spot trading. Which was important to maintain the upward trend. Unless I rise to 0.075 BTC -0.12% , I think the downtrend will continue. In the long run 0.075 BTC -0.12% In the short term, if we can not break above 0.058 ~ 0.063 BTC -0.12% , we think it is a sweeper and we think it is down to 0.029 BTC -0.12% . I am a Korean trader. Please understand that English is immature. :)
BShort
by Liyatt
1
Bitcoin Cash (BCH) Short squeeze occured, can move down now.I successfully called the BCH bounce and short squeeze in the last idea. Please view for yourself. Right now after the short squeeze, price is free to move down. Be careful about buying BCHZ18 on Bitmex. You could be burned. Do not leave any positions overnight unless you are fine with a 10% drop. I am not going to have an actual short position but it is a nice environment for scalping. Thanks for viewing! This is the short squeeze. Notice how people are closing positions on Finex right now as BCH is pumping on Finex due to the pumping of BCHSV. This chart is the BCHZ18 chart on BitMex.
BShort
by HD1184K
3