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ETH Merge, HODL for some free coins?Ethereum's long-awaited merge is just around the corner, possibly the week of September 19th according to recent news. Hopefully the 21st of September for the Earth Wind and Fire memes. (da da ut da...and now it's stuck in my head) Shifting from Proof of Work to Proof of Stake will alter how the network nodes establish consensus. The new consensus layer of ETH will allow far less energy to be used to run all kinds of network applications. Generally, this will be a welcome upgrade since pretty much everything runs on top of ETH these days. However, there is a possibility of the current miners hard forking the network to remain semi-relevant much like ETH Classic. If such a hard fork were to occur, There is the possibility that current addresses will be credited in the hard fork with new tokens on the new forked chain due to the import of ETH block history. This might happen rapidly or not at all and is a long shot as the ETH community is generally cohesive. However, due to a large amount of built-up capital in the form of mining hardware, a faction taking this path rather than switching resources to mining other coins would not be unheard of as Bitcoin cash and Ethereum classic can attest. if handled improperly in a centralized way such as unclaimed tokens being centralized sometime after the fork, the forkers would also have full access to forked versions of NFTs and tokens. There could be some chaos in that respect for years to come due to confusion and the "I copy pasted your NFT" memes would reach a whole new level. One could suspect those with few scruples might be enticed by the possibility of forked bored apes alone not to mention the hundreds of other projects in the ecosystem. One could also suspect the ETH community will fight back against any fork if one occurs to prevent confusion and protection of value. Thus prepare the popcorn as things might get weird. To make this play all one would need to do is hold ETH in an address during the time of the merge to Proof of Stake. Preferably a self-custodied address off an exchange such as a Ledger/Trezor or a Meta Mask. otherwise, the exchange would get the coins on the new chain credited to their hot or cold wallet instead of you, and then you'd be at their mercy on getting any of the new tokens if at all. Then throw the new coin in an LP on Uniswap/your favorite DEX ASAP if one occurs and finally sell the stake in the coin in the future or keep it for use on the new chain. If this scenario does transpire expect major volatility in the new token soon after due to illiquidity of exchange and the possibility of transactions only on Dexes such as Uniswap for the first few months to even years. Thus a good play would be to not expect anything while holding ETH in an address through the merge. All the best, See You on The Moon.
BITSTAMP:ETHUSDLong
by GreatScottTheMoon
4
Bitcoin Cash Huge Potential on 10X (1600%+)Here is Bitcoin Cash (BCHUSD), this is the same chart we shared a few weeks back. We are hitting the gas on this one as we see potential for massive growth. After the retrace that ended 13-July (Full moon), BCHUSD is now ready to grow. We are active with 10X of leverage. Disclaimer: Not for beginner, for experienced traders only. Leveraged trading is high risk and can result in liquidation. This is not financial advice. We are wishing huge profits and good luck. Namaste.
BITMEX:BCHUSD.PLong
by MasterAnanda
9
Bitcoin Cash UpdateWe chose Bitcoin Cash (BCHUSD) for you because it moves like Ethereum Classic, very strong with really big candles... So the potential is huge. When you add leverage like we did, then the profits go as high as the new moon. For this one, we visit our trade signal which is still active and at 395%+ profits... See it below: Bitcoin Cash Huge Potential on 10X (1600%+) | 15-July-2022 I hope you enjoy the articles, the trades & the content. Thanks a lot for your continued support. Namaste.
BITMEX:BCHUSD.PLong
by MasterAnanda
Bitcoin Cash (BCH) - July 25Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (BCHUSDT 1W Chart) Whether or not it can move higher than 202.7 is the key. To do that, you need to make sure you can climb above the 122.6-146.0 section. (1D chart) Primary resistance: 146.0 Secondary resistance: 174.8-202.7 Support: 106-122.6 We need to see if the price holds the price above the 60 SMA level. To do so, it needs to be supported in the 122.6-129.0 section or higher. - The Stoch RSI indicator is an indicator that can detect short-term fluctuations. - The rise of the CCI indicator is likely to show an upward trend from a mid- to long-term perspective. At the same time, when the Stoch RSI indicator and CCI indicator rise, more volatility appears. The opposite is also true. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Bitcoin Cash Goes Bullish | Similar To Ethereum Classic When... Bullish consolidation is taking place on the Bitcoin Cash (BCHUSDT) chart as we have 6 consecutive days closing green. The RSI is strong above 55 while prices remain near support. Having a strong RSI near support is a very strong signal. When Bitcoin Cash starts to go it goes... Just like what we are seeing with Ethereum Classic and Polygon. If you would like to know/learn how to spot a reversal before it happens, you can go back to all the charts we shared earlier this month and June, there we expose all of the chart signals that lead to the current price dynamics. Do not worry about hitting like nor commenting, focus on reading and making money. You should invest your energy on your own personal growth. We love you. Thanks a lot for the amazing support. Namaste.
Long
by MasterAnanda
1
Bitcoin Cash 165% Target On 10X Lev. (Over 1500% Potential)We have the Bitcoin Cash (BCHUSD) trading pair before the bullish signals are really in, we are early... Notice the marked candle, 30-June. This is a reversal candle. Now, after the reversal signal how do we know if there will be follow up? Notice the immense volume yesterday... Can you see it? That huge green volume bar is the confirmation. We see BCHUSD growing. We are active with 10X. 165% total growth on 10X can lead to 1500%+. Remember, this is not financial advice. We only share what we see coming from the charts. Leveraged trading is ultra-high risk. We recommend spot trading only unless you are an expert. Thanks a lot for your continued support and remember to leave a comment if you have any questions. Namaste.
BITMEX:BCHUSD.PLong
by MasterAnanda