They added Bitcoin Cash to Coinbase...selloff ensued
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FREE Technical Analysis for ANYONE!! By a 15+ Year Veteran of Elliott Waves & Chart Pattern Recognition!!
How is adding BCH to Coinbase causing a BTC correction? Do u think people are selling BTC to buy BCH on Coinbase due to all the FUD the bitcoin.com founders have been pushing in the media while banking millions?
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My humble opinion is that since Bitcoin Cash seeming stays closer to the intent of Satoshi and the Whitepaper, the question is which is the real Bitcoin? Adding it to Coinbase lends it more credibility and since that is the main fiat gateway, giving people a choice will naturally lead to money that may have gone into Bitcoin will funnel into Bitcoin Cash.
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I'm staying always from the BTC family from now on. This is totally contrary to its original project. It's just gross.
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