It could be a mistake, but I'm just sticking by my philosophy
I will give consideration once I receive my Bitcoin cash towards the beginning of next year. I will need to confirm that it has a proven track record. As I'm writing this article, Bitcoin is gaining momentum after falling below $5500. Bitcoin has never proved to be a problem for me. It has already been widely adopted, while Bitcoin Cash has been pushed for by a few individuals who want to create a split in the ecosystem.
I am not saying that I will never support Bitcoin Cash; I only feel uncomfortable with doing so at the current moment. I think this crypto-space is continuously throwing new things at us, and we must stick with our philosophies on what we believe. I believe Bitcoin can serve it's function of a transaction coin. If anyone does not like it's function, why settle for a copy that has no legitimate track record? I think the ultimate result of the Bitcoin Cash pump is that many newbies coming into the space this month (there are a record number of people joining Coinbase this month according to CNBC) will be hurt. This is fine, it means the market can still be heavily manipulated by whales. The crypto space is too immature and in it's early stages.
I think this is a decent buying opportunity into Bitcoin before the weekend is over.
Reasons:
- Bitcoin has and will serve it's current function as a currency
- Ethereum, Litecoin serves it's function better than Bitcoin cash
- Bitcoin Cash does not have a proven track record
- It's not on Coinbase yet
- Bitcoin Cash is being pushed by a few individuals or those who already have it
Conclusion: I am excited to see what will happen in the crypto-space in the upcoming months and years. I happen to me more excited about alt-coins that have long term potential than Bitcoin Cash at the moment.
Vietnam: I used to go for the girls, but now I go for my mom
I miss her so much ever since leaving Vietnam. I love the country for so many reasons, but I remember being so in love with the girls. Over time, we just develop thicker skins from the pain of getting hurt. In some ways, I wish i could be hurt as easily as in the past; it made me feel younger and alive! My reason for returning now is to see my family. I am glad I took these photos of her.
She was healthier this last time around. I got to see her smile. This has been rare in recent years.
Follow me @kevbot for my life journey, this channel is meant to be my journal of thoughts on crypto, working, and life:)
I am yet to invest in Bitcoins. Looking forward to get good opportunity if it goes little more down.
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I sold some bitcoin bought bch and already exited BCH for bitcoin...
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Useful information. I think you`re take great decision
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I bought a little on the dip. I was going to buy a bit more a little later but it went back up too soon. Just goes to show how resilient btc is.
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Bitcoin cash increasing level. But Bitcoin was drop down short term. So need to buy BCC
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Either way, supply for both is limited. It isnt a bad decision to get either IMO. I'm not thinking short term too much.
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great. Need to think long term investment.
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bitcoin top level! You will be cured soon. I pray to God
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BTC will always be king. People creating FOMO to cause panic and get their quick money on the pump and dumps. They still talking crap about bitconnect and it's doing good for me without and referral money. Miss the train, but BTC always comes back.
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