I made some slides explaining why I think Core is on the wrong path for Bitcoin's future:

https://www.docdroid.net/NG1sbVq/pantera-march-2017.pdf.html#page=36

Screw fiat, you wanna be in litecoin at this juncture.

That is one shitty shitty slide show.

Bitcoin's first investor??? Lol. WTF?

Support hit?

Hi Africoin, thanks for the great thread. Just wanted to drop by, say hi, and let you know I appreciate what you do, and the confidence with which you put yourself out there. 

For me I'm not ready yet to look at things like trend reversal or lows as far as you are suggesting however its good to acquaint myself with those possibilities. Personally I'm still OK with my bullish stance in bitcoin, at least for now, and wondering if the fork drama is all a bit overblown. Daily MACD also crossing up about now.

Also I'm quite curious to know why you don't trade any alts? Perhaps the volatility and pump, dump manipulations ?

I'm a believer in them myself, (although not all of them of course). But I tend to think that bitcoin diminishing in relevance in the entire crypto universe isn't a bad thing. To me it seems bitcoin cannot be everything or the one crypto to rule them all and in the darkness bind them. But it has opened the pandoras box and still very relevant as the reserve crytpo currency and still the king. I don't think it will ever fade to irrelevance. But it can't be denied surely there are many crypto out there already filling niches better than bitcoin. 

This is what i see on the 1 hour chart

A higher fractal correction

A - B (in black)

followed by 1,2,3,4,5 waves (C)

Could get up to $1150.

But , even though many disagree, i see price resume trend down after the 5 th wave of this C

else,

thw whole A-B + C (5 waver) is part of another higher order A. (will share this soon)

Hard fork Cafe

Without question there are many alts whose genetics are better suited ,than Bitcoin, to all kinds of uses.  However, the first mover has a huge advantage of brand, network effect, and simple holder/user inertia.

Bitcoin's advantage will erode amongst the Crypto community (indeed that path is well advanced now), however, it is the global currency/transaction market which will drive new adoption, as that is fresh money, and big scale. The highest profile Crypto will benefit from new attention, and that is still BTC. It is also the defacto settlement layer in most altcoin transactions.

Things may well change, but the process will probably happen in political time (think years) rather than tech time (think days). Like an environmental ecosystem, new species are competing for a niche, against dominant creatures. That analogy might suggest the possibility of a quick tipping point, but equilibrium remains the default state for the majority of the time.

Daily PSAR flipped to bullish on Bitstamp.