And you only come and update your thread when the price falls more.
But vanish when the price goes up.
Good luck!
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
I aim to not disappoint.
A lot of your predictions seem to turn out to be true. What still puzzles me is that your wrote you believe in Bitcoin Cash. Why?
Nothing more than has already been said countless times. The crux of it is that Bitcoin scales on-chain. Heresay, I know.
It seems inevitable to me that bitcoin will replace traditional cash. It also seems inevitable that, along the way, some people will try to stop that happening. Bitcoin was progressing just fine, adoption was progressing just fine. Now it isn't. It didn't happen overnight, take step back and look at how we got here. It started with Gavin's 20 meg, look at the characters involved, the great thing about the internet is there is a permanent record. Look for the reasons that some changed their position. You will find reasons that do not stand scrutiny. Reasons that are circular, unfounded, inexplicable.
Over time BTC started to become something else, and at first I was mad. Then BCH came and carried on where BTC left off. Now I am at peace again.
I repeat: Bitcoin scales on-chain.
I've been zhoutounged, goxxed, labbed, knc'ed ... nothing has changed my original thesis.
People that talk about "dumping bags" or w/e else are people that are just here to make (traditional) money, they are the ones that are pumping and dumping coins wihtout the slightest clue about what it is they are flipping. It's all just numbers on a screen.
I'm here because the world is going to change, and I am along for the ride. I am not pumping... I am quite convinced BTC *and* BCH are likely to both go down from here. I'm fine with that. I've been HODLing (for the longest time - if you know, you know!) i've seen the rise and fall before. I've watched $100 turn to $20. I've also watched $1 turn to $20. Mostly though I've watched 1BCH remain 1BCH. (There was that one time when 1BTC got me 5BCH though, that was fun
![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
I honestly cant believe the opportunity is still there, eventually the door will close)
For those trader types out there, the floor for BTC is most certainly *not* in. I can't remember what I said up thread but I think it was something in the region of 3500-4500, if there were no BCH and if BTC had continued then that is where I would expect a bounce.
However things have changed this time around. When we do reach the bottom, only BCH will bounce. There will be no BTC recovery. Utility is the spark that lights the fire of speculative bubbles. BTC has killed utility chasing the "lightning network" which breaks network decentralisation and remakes bitcoin as a traditional hierarchical network. It's a stated objective in the LN whitepaper - section 8.4ish, I think - look for "routing", read their description of LN at scale.
LN is entirely unnecessary (bitcoin scales on-chain remember). It is a shiny thing to distract people. It's a backward step in creating p2p cash. It re-invents the status quo, and blocks native bitcoin adoption. At best devs/users are misguided, at worst it is intentionally hindering bitcoin's adoption.
If its price you are interested in (and its a reasonable proxy for success), remember: S-curve of adoption (driven by users), overlaid with speculative hype cycles (driven by gamblers). Still nothing has proven that model to be wrong. I'd expect it to repeat a few more times at least before it flattens as the weight of adoption far exceeds the gamblers speculative activities.
Did I mention yet? Bitcoin. Scales. On. Chain.