Good lord what is the fundamental reason for bch to be worth $50b, or even $5b? There are no bch futures. There is no bch for sale on major exchanges. There is no bch adoption or bch merchants. You cant buy lambos, hookers or blow with bch.

This isn't behaving like a megacrash. It's too slow.  It might be just another wave back to the previous support levels around 10,000 before a re-attempt at ath

This. . This is NOTHING.  It was not sudden. it moved 5%. Significant btc move's are in the range of 30-80%

I'm bullish on doge due to the historical chart where it always runs to 100-200 satoshi after it breaks out and because it hasnt had its share of media exposure yet

Are alts going with or against btc now?

Are alts going with or against btc now?

Some of the low ones are a little off. Living paycheck to paycheck would be more like 0.01btc and not 1btc.

BCH seems to be doing its own thing and unhinged from BTC now. Now the trade against BTC is ETH

No I've been trading this for years and that would just be really confusing to me. Does Berkshire Hathaway need to do a split?

Maybe for consumers during mass adoption well end up using satoshis and such but not in trading exchanges.

Piccolo blew up the moon

Bitcoincash can only rise so much.  I can't think of a fundamental reason for bch to be wOrth more than 20% of btc unles's btc code is failing and we are reverting to bch.

Actually for those who think it's going to crash its BECAUSE they have experince with btc, too much of it. Someone called it Post Gox Stress Disorder. The noobs are the ones too enamored to think there could be a crash.

I'm 2014 I was fired and lost 80% of my stash supporting  myself for 18 months with no lifestyle changes. I later made it back trading alts

I traded it on btce, using gox as a lead. btce always worked flawlessly. It was extremely profitable.

This is a crash:

After the stop was triggered at 18800 (I moved it) it proceeded to 17800 where I could see that there was enough volume there that this wasnt crash and had option to rebuy at profit. It still doesn't look stellar though - limited upside.

We're stalled because nobody is pumping the books with fat stacks of fiat.These are the same books that have been here for 2 or 3 weeks. Theyre actually smaller.

There is only one strategy of bitcoin trading which has every consistently worked for me and it is to buy high volume dips.

Not neccessarily. There is a huge pool of merchants, organizations, systems, and people that would love to use bitcoin if only it was stable - take for instance Steam who just DROPPEd bitcoin because it is too volatile. The real potential of bitcoin is as a currency. THIS is what would put the value of bitcoins in the 6 or 7 digits - NOT speculators. At some point there needs to be handoff from speculators to currency users - not sure how this will happen.

I see some fearing the bubble burst. It's not that bad. It's just a brief revisitation of price levels from several WEEKS ago and it goes back up. It's only really a concern for traders.