Bitmex Report Shows Both BCH Camps Mining at a Loss in Hash War
A Bitmex report shows that both BCH camps, ABC and SV, are mining their respective chains at a loss in the current hash war.
Cryptocurrency opinions, op-eds, speculation, and insights. Oh, my!
A Bitmex report shows that both BCH camps, ABC and SV, are mining their respective chains at a loss in the current hash war.
No one knows for sure why Bitcoin dropped. It is likely technical, but I suspect part of the answer is related to the current Bitcoin Cash “hash and cash” wars.
BTC hit 2018 lows today, and at first it seemed the overarching 2018 triangle was breaking down. However, the triangle never really fully broke down in both USD and USDT.
The Bitcoin Cash fork is a little bit tricker to play than other forks. Here is a quick breakdown of risk vs. reward.
The Bitcoin Cash fork is on Nov 15 at 4:40pm UTC. The fork is expected to result in only two Bitcoin Cash tokens, Bitcoin ABC (BTCABC) and Bitcoin SV (BTCSV). Bitcoin Cash holders will get BTCABC and BTCSV, at a 1:1 ratio after the fork.
A former J.P. Morgan trader admitted to spoofing metals markets for nearly seven years to profit from futures contracts. This helps confirm speculative theories on spoofing.
Jake Chervinsky, a lawyer, has been an excellent resource on crypto related regulation. You should follow Jake on Twitter.
Crypto charts haven’t looked this good since last time they looked this good and then went on to disappoint everyone.
What if ETH does from 2017 to a future date what BTC did from 2013 – 2017? So far their charts look eerily similar.
Anyone HODLing from the top probably feels like their investment is as good as dead. However, crypto isn’t a penny stock, even cryptos beaten down hard can rally back in theory.
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