Not that I am happy about it but it seems that Bitcoin Classic is being replaced by Bitcoin Cash.
Sorry, I have no TA or insider info, all I have is articles like the one linked saying that Bitcoin will not longer compete in the crypto market and is basically conceding to Bitcoin Cash. I am watching it happening live, right now BTC down to 5904 from 7800 and Bitcoin Cash is up to to 1800 from 450. Now unlike most people, I have an explanation why this is happening, however I can not say for sure if it will continue. The reason this is happening is because the miners have choose Bitcoin Cash. I tried to move $400 between Coin Base and Bittrex today and it took 5.5 hours. When you are in a market when everything is compared to a coin that takes 5.5 hours to move and continues to bleed in value, it will cause the value to drop even more, now is this temporary or permanent I can not say, but for now, I am ridding the Bitcoin Cash Wave to Gainsville!
https://www.coinspeaker.com/2017/11/10/bitcoin-classic-closing-doors-wake-segwit2x-suspension/
I thought BitcoinGold BTG was the new bitcoin? BTG has a newer hash algorithm and is minable via GPU so this opens up doors to your average joe bloe with a gaming GPU. To be honest, i havent researched bitcoin cash so im unsure what its competitive advantage is.
Unfortunately BTG was late and only went live a few days ago. Had they had their code available before it was supposed to go live it might have caught on. Another issue with this is that Vert Coin does what this is planning to do but better. Thanks for commenting.
I see. So many coins, so much research to do. It's good to connect with the crypto community on steemit.
if you want my picks, here they are:
NEO, ETH, LTC, VTC, PAY, STEEM, ARK, STRAT, XRP, OKCASH, WTC, LINK, IOTA, and honorable mention CVC. I have way more coins but those are my long term holds. Get them on dips and hold in my opinion. Thanks so much for commenting!
Really
See comment above.
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