Cryptocurrencies

How Bitcoin Cash's Emergency Difficulty Adjustment is affecting hashrates and mempools of Bitcoin and Bitcoin Cash

I want to know the effect of Bitcoin Cash's Emergency Difficulty Adjustment (EDA) on Bitcoin (BTC) and Bitcoin Cash (BCH). The discussions between BCH fans and BTC fans are quite polarised and there's a lot of insults going around. It is hard to get a handle of what is really going on. 

The Bitcoin network is getting really congested and this time, it is a serious worry

DISCLAIMER: None of this is financial advice specific to you. I could be wrong so you have to do your own research to find out what's best for you. 

TOPIC: Bitcoin | Bitcoin Cash | Bitcoin Death Spiral

Bitcoin is around its highest valuation but there is a worrying trend. Bitcoin's Network is getting really congested. There are currently 85900 Unconfirmed Transactions. The following shows the aggregate size of transactions waiting to be confirmed. 

Transactions are cheaper and faster with Bitcoin Cash than Bitcoin

From a user's perspective, I would want cheaper transaction costs if I were to use a cryptocurrency to buy a good or a service or even maybe another cryptocurrency. 

I would also want that transaction to be approved quickly. 

If we compare Bitcoin (BTC) with Bitcoin Cash (BCH), here is what we see:

TRANSACTION FEES OF BITCOIN AND BITCOIN CASH COMPARED

Hoax that Vitalik Buterin's died crashed Ethereum's Price

A hoax published on two websites* that the founder of Ethereum, Vitalik Buterin, has caused holders of Ethereums to panic and sell their Ethers. Mind you, there had been a pre-existing sell-off prior to the fake news. The hoax articles claimed that Buterin died from a car accident, along with a friend. 

Ripple XRP has a Potential Buy Set-up

There's a potential buy set up for XRP.  

(IMPORTANT: This is not an advice for you or anybody to do anything.) 

There's been an established buying range. Trendlines as well as Support and Resistance levels are set to be broken. Volume had been going up the last three days as the price slightly rose. The troughs of the prices and the MACD confirm. If people buy above R1, that might trigger more buying until R2, then if the price goes R3, people will likely want to carry it up further. 

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