Hi guys here's your regular dose of technical analysis. In this video I will be doing a follow up from previous market analysis on the BCHUSD chart.
The paid Membership is for users who already know the basics of TA but are not yet profitable in real trading.
❤ Free TA education: https://dobe4ever.com/free-education
❤ Go Premium: https://dobe4ever.com/register
❤ Telegram: t.me/dobe4everFREE
❤ Yours: https://www.yours.org/@dobe4ever
❤ Steemit: https://steemit.com/@dobe4ever
❤ Twitter: https://twitter.com/dobe4ever
The information discussed in the dobe4ever Telegram chats, dobe4ever YouTube channel & dobe4ever website is not to be construed as financial advice. This information is for educational purposes only. The trades and trading strategies laid out across these different mediums are my thoughts and opinions only, carefully suited to meeting my own accepted levels of risk tolerance. My risk tolerance is different than yours. Cryptocurrency trading involves extreme levels of risk. I will not be held responsible for your trading losses. Please consult your financial advisor before acting on any information provided in the dobe4ever Telegram chats, dobe4ever YouTube channel or dobe4ever website.
Bcash may survive along with the rest of the alts for some time, and traders may continue making $ off of these knockoffs - at least until Lightning network and other second layer technologies fully kick in, but in the end Bitcoin Cash will probably wind up as just another dead end fork of the real Bitcoin (BTC).
Bitcoin diamond, Bitcoin private, Bitcoin cash, Bitcoin XT, Bitcoin classic, Bitcoin gold - none of these ripoff forks are the real Bitcoin. It's BTC or beware, folks.
With merchant adoption of Bitcoin Cash in Japan, with SBI's investment of 100 million into adopting Bitcoin Cash, ( announced late last year by SBI), and now Coinbase saying they are going to Japan, Coinbase adding Bitcoin Cash earlier, could be telling signs. No one really can question Rogers commitment to Electronic Cash.
I love your videos and your way of reading the market but I do not understand why you do so much propaganda to Bth? that currency is not decentralized, its owner is royer vert and that is no secret to anyone ...
It's sad how misinformed newbies are due to the so many lies on the internet. Roger didn't create anything. Bitcoin Cash has no owner, only independent promoters, one being Roger, & many other who have promoted it since 2009 out of love. That's precisely the reason I go out of my way to tell the truth. The segwit version of BTC is an altcoin created without consensus, the only reason it didnt cause a chain split is cause miners agreed that after segwit was activated the block would be increased to 2 MB. Bitcoin Cash is what Bitcoin always has been before segwit, Bitcoin has been upgrading block size as needed since 2009. I have been promoting Bitcoin since 2013, I haven't changed, I still hold BTC but BCH hasn't changed, BTC did. That's all.
i think at a valuation of 21Billion, BCH can expect a x470 - x4700 ROI when it replaces 10% and 100% of fiat respectively. 1k x 21mm coins capturing a $100 trillion market. Hey dobe I have a book id like to promote on your channel. where can i contact you.
BCH is all I think about these days... well weeks... alright... months.
What can I do... it is the real Bitcoin :-)
Its funny how once people associate something with some name/brand and that changes, they still think its the same thing just because it has the same name.
Would people think that if Coca Cola changed the formula of their drink and continued to call it Coca Cola, that people would still call it the real Coca Cola? I guess many would, they would just claim how the real Coca Cola changed but its the same product.. same way Core & Blockstream are trying to advocate that BTC and LN are still the real Bitcoin... what a joke.
Bitcoin Cash is the real Bitcoin as it works like one... and Lighting works nothing like a Bitcoin... not even close.
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.