Price action has not been bullish for Bitcoin Cash today. Nobody can deny that. Bitcoin Legacy races to the sky, but Bitcoin Cash, despite all the bullish news previously discussed, continues to drop.
Why? Well, we know the causation of that is relativity to the BCHBTC ratio pair. We have speculated with a certain degree of accuracy that this is related to mining profitability and a potential exit strategy amidst Operation Dragonslayer.
But, are things so simple?
Behind the wall will be a discussion of:
Xapo dumping Bitcoin Cash again? Omfg! What about Bitmex?!
Feathers of the Cashening Swan
Is the Situation What it Appears to Be?
What Role Does IOTA Play?
I appreciate that the cost of reading these articles is non-insignificant for many people. I really am grateful and thankful to everyone who buys the wall and reads what I do. Without you, there would be no point.
That being said, knowledge is power and trading is a zero sum game. I’ve given it a lot of thought and when it comes to research, information, and trading calls, I actually think it’s more correct for there to be a cost than to provide it pro-bono.
After all, because this is a zero-sum game, there are winners and there are losers.
Putting everything together takes many hours and although I don’t mind doing that, when thousands or tens of thousands of people see everything in plain sight, it makes for crowded trades.
When that happens, I wonder to myself if I should just keep quiet or handle things differently.
After all, people are going to make money when they have correct information and strategies before them. It is fair, and a little bit more righteous, that there is a cost incurred in exchange.
With information and analysis like this, should it really be for free, in plain view, for the whole world to see?
I’m less motivated by money. I also know that there’s a balance between cost-per-article and number-of-readers. I don’t want to drain people’s resources, but I also know people read what I write because they want information and strategies to make themselves a future with.
That is perfect, but this is a more balanced solution on both a material and principled plane. There's also a correlation in this world between cost and quality, and I don't think it's right to provide in-depth, high quality analysis of what is possibly the most major event in crypto for too low of a cost.
In any event, read on. If the market decides that the price is too high, I will lower it. I am not as much trying to maximize mah gainz as much as I am trying to set the price commensurately.
Operation Dragonslayer is the hottest topic there is, after all.
If you benefit from this post, please take a moment to sign the petition to stop the organ harvesting of Falun Gong practitioners by the Chinese Communist Party.
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Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
 

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Comments
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Wow. Yours - you are the future of paid quality content. It's never being so much fun!
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Great Post..But what do we do as supporters of Bit Coin Cash? Keep Holding Bitcoin Cash? Liquidate into Fiat? Would love another analysis and guidance ( behind the wall of course)
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Wow this left me really confused. What doesnt make sense is BCH would still have majority hash rate? Better development? Does blockstream really plan on copying Cash step for step?
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@pete - if you know what Bitcoin Cash is then you want to hold a core position. I haven't made a new TradingView idea yet because I don't want to make any calls on specific price action yet. It's very hard to say what's going to happen
@quang - Keep in mind it's a theory/idea that I have. It may or may not come to fruition. If it does, keep in mind Bitcoin Cash has 8 independent development teams and a tremendous, ever growing body of community and merchant support.
@quang2 - That's the end game yes, except more like replace it with:
Nothing will be so easy for either side.
Also, update at the end of the content.
@nuke - I'll update it if there's major progress or news I think. As to when and ratio and all that, I'm not entirely sure yet. Under the circumstances, I don't want to make any trade calls or analysis until trend and direction become clear.
Hmmmm....
Hmmmmmmmmmmmmmmmmmmmmmm.....
@bchisbitcoin - Whales love crowded trades. We were arguably the only ones in the world noticing difficulty adjustment.
What is telling, though, is
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well done, as always.
A) will u update it?
B) in the scenario bch/btc 2.0-3.0 bla bla if it the ratio will reverse, when will u sell your BCH core?any ideas?
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Hmmm. My theory was for big bank cartels to erode trust in crypto...and then introduce their own crypto via Quorum? Thoughts?
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Well Im a long term holder anyways....Let the battle commence. Bit Coin Cash is Bitcoin!
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Well Im a long term holder anyways....Let the battle commence. Bit Coin Cash is Bitcoin!
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Well Im a long term holder anyways....Let the battle commence. Bit Coin Cash is Bitcoin!
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Also I think Blockstream trapped themselves by inflating the price of BTC to astronomical levels with Tethers. I could see a massive piece linking Blockstream/Bitcoin/Bitfinex/Tether all into one. But like always whoever sways the public best will probably win out
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Ok obviously I'm not digging around hard enough. What are the main sites you aggregate news from. Top ten go!
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don't forget ETH atm is congested as well, safe bet during a capital flight ex fiat would be bitcoin cash (BCH)
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I wonder if blockstream has a secret hashing stash they use to mine bch to sell for btc. And in the event of a large hashrate drop they can switch it back.. as a precautionary measure.
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My idea of another scenario would be that Blockstream Banksters let Bitcoin Legacy (and potentially the majority of the crypto-market) die or at least cripple intentionally. I think they never believed in Bitcoin in the first place. They try to destroy Bitcoins reputation. Should I be right they'll fail.
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Great write-up. I think it is extremely important to pay attention to the following metrics as key indicators of what is to come.
  • Transactions per day
  • Transaction fee
  • Hashrate
These can be monitored for both BCH and BTC at https://fork.lol
Like you mentioned. Miners and users will dictate what happens here. It is as simple as that. It is also clear that BCH is what is being used for online gaming, and other donation/p2p funding because it can be used NOW with fast and cheap tx.
The miners will flock to the network that has transactions needing to be verified. If BTC remains this get rich quick vehicle that the only transactions occurring are to get money in/out of an exchange then people are really missing the whole point of it all.
This website is great and hope to start publishing some more content of my own.
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Well...
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Great post. Thank you very much!! Have you read that? https://theflippening.github.io/open-letter-to-bitcoin-miners-from-another-miner/
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Great post! Now I can't sleep :-D
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Great write up! I am so happy to see you make over $900 on this post. It means yours.org incentive structure is working and you are being rewarded sufficiently for your quality content. I hope to watch you make a lot more money in the future and look forward to reading more of your content!
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