01/12/2018 (Fri) 12:54:10
WHAT COINS ARE BEING SHILLED?
With the failure of BTC being just around the corner, shills see this as an opportunity to begin their attack. They choose very specific coins for a VERY specific reason. Ethereum and Litecoin are the main alts being shilled.
Ethereum Enterprise Alliance - Google it.
Litecoin, created by fat greedy chink Charlie Lee, is a fork of Bitcoin created in or around 2013. What is so special about Litecoin? Nothing anymore. The most notable feature though, would be Segregated Witness, which was activated on Litecoin FAR before it was activated on Bitcoin. Since Segwit is software owned by Blockstream, if the majority of Bitcoin's market cap were to flow into Litecoin, banks would have won regardless of whether BTC dies or not. Either way both have Segwit activated, so Blockstream and banks win.
4. Bitcoin Cash Begins to Suck the Life Out of Bitcoin
As of Nov 15th 2017, Bitcoin Cash has begun to absorb Bitcoin's market dominance at a rapid rate, swinging between .1 and .3 Satoshi in comparison to BTC. Eventually Bitcoin Cash is projected to be at a 1:1 ratio with BTC, and afterwards will kill BTC completely, as they both work using the same hardware and mining algorithms. Bitcoin Cash has some added features including an adjusted DAA that stop miners from being able to kill the network by making it to expensive to mine at a loss when hashpower is removed. In other words, Bitcoin Cash's blockchain is a lot stronger and more resistant to the chain-death spiral that could completely (and will) kill Bitcoin.
5. Coinbase adds Bitcoin Cash
As of Dec 20th 2017, Coinbase announces that it will add Bitcoin Cash as a USD pair, shaking confidence in BTC and bringing the market down for a short period of time. Due to not enough liquidity, the price of Bitcoin Cash shoots from $4000 USD to $9000 USD within 6 minutes, and coinbase disables trading, as they do not believe the price is healthy and may be manipulated.