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@stewbits22

@stewbits22 in October 2022

@stewbits22

BCH Weekly News #100 (October 3, 2022) 1 29 BOOST Avatar for SatoshisAngels Written by SatoshisAngels https://read.cash/@SatoshisAngels/bch-weekly-news-100-october-3-2022-32b904ad CASHTOKENS CHIP V2.2.0 IS NOW OUT Bitcoin Cash rock star, Jason Dreyzehner, has announced the latest version of his Cash Tokens proposal as well as the results of 1 month of testing on the Cash Tokens testnet. If enabled. Cash Tokens will allow BCH to have two new primitives: fungible tokens and…

@stewbits22

Work continues quietly to develop main chain BCH functionality. Jason Dreizehner is developing cash tokens which will allow trustless smart contracts leading to decentralised exchanges on the main chain. Here is his first post on the idea. https://bitcoincashresearch.org/t/chip-2022-02-cashtokens-token-primitives-for-bitcoin-cash/725 CHIP 2022-02 CashTokens: Token Primitives for Bitcoin Cash CHIPs Standards Track consensus draft bitjson 2 Feb 22 This proposal enables two new…

@stewbits22

If you want to spread BCH adoption grass roots style, this is what I do. I find one or two local traders on Local Crypto who buy and sell BCH or Btc (I just convert to BCH with sideshift). I buy and sell crypto face to face. It so much better than doing it through a bank account and then the bank shutting your account down. (That has happened to me 4 times). Then I buy stuff on Purse at a discount and sell locally at a discount. I personally am into bikes and garden…

@stewbits22

If you are thinking of brokering crypto on a site like Local Crypto, you need 2 bank accounts. One for crypto sales and the other for buying Crypto from the exchange. You just transfer your cash from selling crypto to your other account where you transfer to the exchange. Banks are very suspicious of money going in and out to and from multiple accounts. And it is obvious to the bank what you are doing when they see your money going to the exchange and you risk your account…

@stewbits22

There is a decent opportunity to take profit on Btc and BCH coming up on the shorter time frames. I will post trade here if it sets up.

@stewbits22

My short setup on Bitcoin triggered. This is just a test trade on a 2 hr time frame. Entry is $20250 My fixed target is 2% or 405$ or $19845 But my exit may differ depending on market conditons. Edit my BCH short just triggered at $121.58 with 2% profit target.

@stewbits22

Btc target of $19845 has been hit. Still waiting on BCH target of $119.15

@stewbits22

I am waiting on more action in Btc or BCH before placing my next trade. I will be tipping comments when I post it.

@stewbits22

Who will be using BCH Bull to trade when it goes live?

@stewbits22

Looking to go long on Btc and BCH, hopefully today.

@stewbits22

I got the price drop I was waiting on but timing still isn't right. Hoping to go long Btc and BCH tomorrow.

@stewbits22

Joseph Ladapo, Floridas surgeon general says the rate of cardiac arrest in 18 to 39 year olds nearly doubles within 1 month of taking the Covid vaccine.

@stewbits22

Gone long BCH at $118.10 Target is $120.4, (2% profit target) I may exit earlier if market changes. Still waiting on Btc trade to trigger. Edit: Long at $19517 target 2% or $19907 Edit 9/10 10.25am Another long signal at $19419, I could add another 1/3 position to my long but content to leave it. 10 cent tip to 10 comments on this post. Just for fun.

@stewbits22

XRP is really going for it. It is now at 0.51 dollars

@stewbits22

WW1 Fool me once WW2 Fool me twice WW3 Fuck off (((Zelensky)))

@stewbits22

Trade update on Long at $19517 target 2% or $19907 Price has been chopping around in the same area for 2 days. I am indifferent if it goes higher or lower. If it goes to a lower price area with a new buy signal I will add another third position and average my profit target between the two entries. If it goes higher and hits my target then awesome. This is just a 2 hour chart and the market is really dead right now.

@stewbits22

I should have added this chart to the post below

@stewbits22

Trade update Long at $19517 target 2% or $19907 Another position added at $19119 Average entry $19318 . New 2% target is $19704 -------------------------------------------------------------- Long BCH at $118.10 Target is $120.4 Another position added at $111.8 Average entry $114.95 Target is $117.25

@stewbits22

A small town in northern England. Peace.

@stewbits22

It is ironic that the biggest player in the destruction of the Western Economy are central banks money printing and interest rate policy. Ironic in that the dollar is seen as a safe haven and has risen against Bitcoin. It is almost like Stockholm Syndrome where hostages look to their captor for protection. This spell will be broken and soon. When it does we will see a paradigm shift in value.

@stewbits22

Price has continued to weaken. I have one position left to add if I get a buy signal. Trade so far Long at $19517 target 2% or $19907 Position added at $19119 Average entry $19318 . New 2% target is $19704 -------------------------------------------------------------- Long BCH at $118.10 Target is $120.4 Position added at $111.8 Average entry $114.95 Target is $117.25

@stewbits22

BCH nearly touches $100. BCH is not like Solana or all these other for profit commercial start ups. It has the pedigree of being the original forked coin on Btc. It is forgotten that the majority of miners and users supported it. But dirty tricks and lies meant it lost the name. So in short when it is this cheap it is like Tesla cheap.

@stewbits22

Trade Results Btc target hit BCH trade is still live Summary Btc required only 2 positions to hit its target whereas BCH needed 3 and is still to hit target. Detail Btc 2 Positions on Average entry $19318 . Target $19704 hit -------------------------------------------------------------- BCH 3 Positions on Average entry $114.95 Target is $117.25 Third position added at 108.27 Average entry $112.72 2% target is $114.97

@stewbits22

14.10.22 Trade outlook I am waiting for the next Btc short signal. BCH I am staying out of until my current trade is complete. Trade so far Btc 2 winners BCH 1 winner 1 active.

@stewbits22

14.10.22 New Trade Short Btc $19596 Target $19204 I called this one late because I was away from the pc. No trade for BCH 10 cent tip when trade closes win or lose. Just comment below.

@stewbits22

Btc trade is a winner. 3 in a row. BCH trades like a dog I hate to say. It is all just for fun and a bit of reality as to how difficult it is to trade and win.

@stewbits22

15.10.22 Waiting on the next Btc trade to go long Current BCH trade, I may just exit at the next opportunity or it hits my stop loss. Under current market conditions I will only be shorting BCH until things improve.

@stewbits22

16.10.22 Btc Trade 4 Long $19143 2% target $19525 Trade History 3 wins out of 3 10 cent tip for comment win or lose.

@stewbits22

Trade analysis on existing BCH trade The trade was started on the 8th of October at $118.1, price dropped nearly 10% and I added a 2nd position and then dropped nearly another 10% and I added a third postion. That is a massive drop of 10% for a 2% profit target on each of the first 2 positions. Splitting the trade into 3 parts protects against this volatility and my entry rules wont let me add another position unless there has been a significant drop. Could I have improved…

@stewbits22

Eth is moving better than Btc which is moving better than BCH from a trading perspective. Ethereum off the same signals moves better in both directions and the timing is good. So I will cover the three currencies off the same trade signals so I can detect any changes in their behaviour relative to one another.

@stewbits22

There is a problem with tipping by QR code.

@stewbits22

Trade update Btc 4 wins out of 4 Thanks to the 4 of you who commented .

@stewbits22

BCH Bull releases on the 24th of October.

@stewbits22

18.10.22 10 cent tip for comment win or lose. New Trade Entry Btc Short $19529 Target $19138 Eth Short $1325 Target $1298.5 BCH (Observing) Short $$109.73 Target $107.5 Just for fun

@stewbits22

My Ethereum trade has reached its target already, just waiting on Btc. Thanks to the three who commented, more trades coming soon.

@stewbits22

What do you do with a trade going against you but you dont want to use a stop loss? I have the answer, do you know what it is? I will use it in future trades without saying :)

@stewbits22

BCH true to form has hit my target for shorting ,just waiting on Btc. Can I stop winning? I don't think so. Follow, get tipped and laugh if I fail.

@stewbits22

Update 5 Btc trades and 5 wins, not bad. Will post live trades for fun soon.

@stewbits22

19.10.22 Trade update Btc, Eth and BCH all hit their targets. I still have the open BCH long from the 8th of October. I will add this profit to the outsanding trade and will keep adding shorts until either the trade hits its profit target or the hedge shorts do.

@stewbits22

Summary of the latest post from coinflex.lol Coinflex was never a profitable company not even during the bull market. Mike Komaransky who ran a hedge fund Grapefruit on Coinflex was also a director of Coinflex giving him access to all the positions of other Coinflex account holders. Coinflex is desperate to proceed with a restructuring plan because it protects the directors from scrutiny if an independent administrator is appointed. One good bit of info in the post is that…

@stewbits22

New trade setup Btc Long $19200 Target $19584 Eth Long $1297 Target $1323 10 cent tip for a comment, win or lose

@stewbits22

Im_username (bchbull) explains how trading permissionlessly will develop. It is incredibly exciting, it reminds me of Tesla in 2012, with tons of potential and high risk. Transcript below. Someone asks will there be other liquidity providers apart from BCHBULL? it's really a limitation of the script - transferability of contracts is possible but difficult to build around on BCH today, so marketmaking is correspondingly difficult to push to wider audiences. We're doing the…

@stewbits22

With peer to peer hedging on BCH you can create a fully backed stable coin at will. However many dollars you want you just fix the appropriate amount of BCH in a hedge contract on BCHBULL and you are done. Launching on the 24th October

@stewbits22

Trade update from 4 days ago. Eth Long $1297 Target $1323 Yes it took 4 days to make 2% and still waiting on Bitcoin to hit $19584 but who else is making a profit? Tips sent and thanks for watching.

@stewbits22

The Btc trade now closed for a win making 6 out of 6. There was a short opportunity in the middle of the night BCH $109.25 Target $107.06 Eth $1343.03 Target $1316.17 Btc $19413.75 Target 19025.47 I missed the entry but will pay 10 cent tip for comment, win or lose.

@stewbits22

Here is a snapshot of the peer 2 peer trading interface of BCH BULL. YOU can now trade BCH on the BCH main chain in full control of your crypto at all times against a variety of other crypto and fiat currencies.

@stewbits22

Ethereum moves off fast followed by Btc and BCH.

@stewbits22

I hate saying this but Ethereum moves better in up moves than Bitcoin or Bitcoin Cash. You can trade Ethereum in the market and convert profits to BCH. But if being completely impartial to give you the most chance of making money you choose the best vehicle to do that. BCH is more decentralised and offers real freedom from top down control. But it is the Cinderella of Crypto. Prince Charming

@stewbits22

Is the current move over. My ape brain says to the moon but my hunter brain says there is an opportunity.

@stewbits22

Marc has left us do we have a voice or are we just making some noise?

@stewbits22

27/10 1038am Trade setup Short BCH at $114.95 Target $112.65 Waiting to short at $20775 on Btc Waiting to short at $1551 on Eth Now active target $1520 10 cent tip for comment

@stewbits22

Thanks gianna96 and BCHSticker Evangelist for comments on the last winning trade.

@stewbits22

My crystal ball says we are still headed up. I just have to pick the right time, when it feels good.

@stewbits22

If you swapped one Bitcoin for Ethereum, you would have about 12 Eth. If Ethereum flips Bitcoin which looks like a winnable bet, you would have turned the equivalent of 1 Bitcoin into 12 and the downside risk is minimal.

@stewbits22

Marc increases his holdings of Ethereum to 30% and reduces his position on BCH to 20%

@stewbits22

New trade set up BCH long at $117.4 Target positive result will post when I exit 10 cent tip for comment win or lose