I'm hopeful that this means we've finally lost enough of the gamblers day-traders and should see good upward trend now that only strong hands are hodling again.
The crowd of libertarians and philosophers that were shilling BTC in 2916 has been replaced by poker players and technical analysts. I don't have a person problem with gambling, and I'm glad to have learned a bit about TA from the BTC crowd, but I didn't get into BTC to get rich quick or because I wanted to gamble. If I want to gamble, I'll go to a casino, if I want to change the world with code, I'll hodl BCH, thanks.
The ICO space attracted a particularly low-class crowd.
BTC value is built on circular logic, i.e. that BTC is king because BTC is king. There's no there there. There's no fundamental value. The only way BTC can get past $20k is by scaling. The only way BTC can scale is by revolt against Blockstream. The only way BTC will have a revolution is when they finally lose the #1 spot.
As far as I can see, BTC is nothing but a coin for poker players to gamble with, it literally cannot move past that because at its current use alone, which supports nothing but exchanges, is smashing against it's ceiling. https://jochen-hoenicke.de/queue/#1,4d
BCH on the other hand, looks like pure upside.
So, if you're a gambler, and you think the "Bitcoin" brand can continue to bring in more dupes and you want to watch Tone Vays videos every day and try to stay ahead of the curve in a win-lose game, then go buy some BTC. But don't be surprised if you get fleeced by people who understand and control the crowd better than you do.
If you want to join the community led by engineer and scientists at BU and ABC who have agreed to scale onchain at a reasonable pace.
Aside: To the BSV shills who will come here to sow more confusion: Please shut the fuck up. 32MB is sufficient and beyond that TODAY is unnecessary and dangerous. If you don't have better research than BU, you are either naive or duplicitous, so please just shove it.
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source https://www.reddit.com/r/btc/comments/a2ab08/did_anyone_else_notice_bch_has_finally_decoupled/
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