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Re: Segwit 2X Cancelled - Bitcoin Surges ahead
 

More like plummeting ahead....

Re: Segwit 2X Cancelled - Bitcoin Surges ahead
 

Great hindsight.


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Given the rise in Bitcoin Cash, I'm contemplating not ever cashing out on any coins obtained from forks... Come to think of it, its free money, and any loss i've incurred from the dip in bitcoin, well its been neutralised by the rise of BCH.

It's like a safety blanket... but I still think Bitcoin has a fighting chance since its been around the longest and proved itself worthwhile. :fight:

Re: Segwit 2X Cancelled - Bitcoin Surges ahead
 

It’s a free 1-1 hedge bet, that’s why it’s always best to hold the fork coins long term

Sell into manipulated plays like the one we just experienced

I don’t think BCH is done, I don’t think Roger/Jihan group dumped all their coins, could be a good play to pick up some cheap BCH coins come the first week of January when coinbase customers are dumping their BCH as soon as possible.

Buy when people are panic selling, sell when people are buying greedy :thumb:

Re: Segwit 2X Cancelled - Bitcoin Surges ahead
 

So succinct. Says so much. Love it,elmo.

:thumb:

Re: Segwit 2X Cancelled - Bitcoin Surges ahead
 

I totally agree, wait for 75% pullback then get **** load of BCH... I MEAN **** LOADS...

Re: Segwit 2X Cancelled - Bitcoin Surges ahead
 

I bought 5 bitcoin gold at 100 and then 20 more when it rose to 150. I sold them at 350 and put half into BCC @ .42btc lmfao. Don't get me wrong; btg also came down to 200 on bitfinex though, so it wasn't a total bonehead play. That move probably lost me thousands of dollars in profit not seeing the drop until 1700 on bittrex though.

Hard part is predicting the bottom. Top isn't too tough to predict. I saw a 63 BCC sell wall at 1360 this morning but buyers ate it up; another 72 at 1375 and buyers struggled to get through it as fast, and then the 425 BCC wall at 1400 just had little chance. When you have limit orders already up like that, you got to get out. When they're being executed with APIs that don't place the orders till the last second like what was happening from 2000 to 2500 last weekend, you really have to have your own limits already set and hope the walls are good indicators. I saw a 200 BCC sell wall around 2000 that the buyers got through but the 320 BCC wall at 2300 was even harder to get through. Everything happened so fast on the climb up though. I was just watching it like a movie without any sell orders. I was free rolling though not caring about profits.

Re: Segwit 2X Cancelled - Bitcoin Surges ahead
 

As I was saying - surging ahead.