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RE: Bitcoin (BTC) Mid-Day Update: Precisiont HIT of Downside Elliott Wave Targets!! THIS IS THE POWER OF TECHNICAL ANALYSIS!!!

in #bitcoin7 years ago

Doesn't really matter that BCH is the longer chain, since the difficuly was always way lower than BTC. The total work is what most people care about. I think BCH will overtake BTC eventually, but BTC has over ~50% more work than BCH.

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I agree it won't happen right now. It could take upto another year. If some banksters pull of something things good go in a different direction. I actually had a very long discussion on this post: https://steemit.com/cryptocurrency/@arthuradamson/bitconnect-investigation-if-this-is-a-scam-and-it-falls-the-government-will-not-turn-a-blind-eye

Please take your time to check it out. There was several pages worth content in the comments.