BCH hard fork is only one part of the picture - as some tool of money war between countries. have to see also other things in bigger picture, like ASEAN in SIngapore and at the same time Fintech meeting there, people from IMF were talking about Crypto made by central banks. economic war between China and US. many countries make their own national crypto, try to avoid dollar and bonds. also all stock markets crash around the world. some big bankers not long ago warned about many events to happen soon and even suggested to almost do war with China.
situation is serious - crypto market is only small part of that. hopefully no big war will happen. but bearish market is feared to continue for a long time. and also change from old global financial system to a new one - where will be no more cash money, everything digital. so that they can control all the money and tax every transaction, even small - like buy some food or fruits or drink on the road...
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Hopefully, war with China will not happen, it too close from my home. Sure there is many things that happening and crypto today is a small thing but all banksters know very well that it is the next big thing in the economy. All the news that coming out from institutions at the moment are very oriented crypto. For the replacement of the US dollar, it is a very good thing and it must happen on a global scale, but for sure US sharks from the FED will not let it go without a fight. After the crash of three days ago it is very possible that the market will fall a lot more and can go on for quite some time, but a bullish move is also possible soon.
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