Return of Bitcoin Cash, Huge Oppotunities Upcoming in Next Week

in #bitcoin7 years ago (edited)

Bitcoin Cash(BCH) is skyrocketing day by day. As most of you guys probably know, BCH is facing the biggest chance to make game changes: BTC's segwit 2x hardfork event.

In far east asian countries including Korea, China and Japan, they already expected this much of skyrocketing before, however Chinese government's issue of banning crypto exchange delayed their expectation and shown continuos price drop in a last couple of weeks.

First of all, I would like to mention that I've bought some BCHs at $430 on September. After continous price drop and rebouncing, I've added much of BCHs again at $350. Even yesterday I tried to buy more when it had pullback down to $515 but it was not very successful due to delayed in bitcoin transfer confirmation. Currently the price of BCH is at around $677.

By recent market research, I'm confident that hugeh opportunities are coming in next week. To maximize my profit, I've sold some of my stock to feed more money to crypto market in a next couple of days.

Many of western society has very limited idea about what is going on with Bitflyer and Bithumb. Bitflyer is the biggest bitcoin exchange market based on Japan. Bithumb is the biggest crypo exchange market based on Korea. Currently 70% of BCH exchange in the world is simply happening on Bithumb.

In last couple of weeks, I've observed trends of two market exchange and has strong confidence about existence of "BCH Consortium" comprising of multiple big mining pools and financial investor who has at least multi billion dollars. If a series of event in my mind happens in next week, then I'll talk about that a little bit more detail.

diffi.PNG

As shown above, BTC's difficulties adjustment will be happening near around Novermber 9th. On the other hand, BCH's difficulties adjustment will be happening near around November 14th. In this case, BCH will be having difficulties of getting more hashing power when relative difficulties getting lower on Novembe 9th.

So, it seems that BCH consortium tried their best to decouple the price ratio of BTC/BCH today. Due to their effort to make more profitable on BCH mining, now miners are getting 20 BCHs per hour. The best scenario for them is to have difficulties adjustment at the same day of November 9th.

Having in that mind, it is obvious that you guys will have a chance in next week as 20 BCHs/hour are too fast to meet their target. Of course, this is only one of the possible scenario so you might make a decision based on your own research. I expect huge gains in next week.

Anyways, crypto is very interesting market to play with. I'll talk to you guys later.

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Thanks for the detailed info :)

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