Is this sustainable?
Bitcoin started a rally from buyers 3 days ago so they can get the free money, no news here, this is what traders do. Bcc today had a great run and it seemed that it had no seeling, for a bit.
So the sells began and they are ongoing as we speak. My personal opinion is both will tank till they both worth as much as bitcoin was worth before the fork, and you know why. Because that is how much is acceptable from their support l, people still believe you can generate values out of thin air and create money out of nothing. The truth is bitcoin blockchain yesterday lost its integrity and become a liability. The markets never forget or forgive in my eyes bitcoin is now a no go for a couple of weeks. I can't see how it can remove the bcc anchor of its chain.
Thanks for the free money though it was a fun ride but it's time to get serious. I am not playing with my money. And this game makes me sick.
The question now at least for me is who will be the next king.
What do you think?
Leave a comment below.
Best regards