A man in South Korea explains the Bcash pump and talks altcoins & Bitcoin

From my source on the ground in South Korea:

"Hi Adam,

I have a lot of friends who recently invested in Bcash. I’ve also looked at many crypto forums here in Korea. It is clear that there are many more Bcash and altcoin investors right now than Bitcoin HODlers.

First the general sentiment is of astonishment, sadness and confusion. Many cannot understand why Bitcoin has gone up recently and altcoins (with the exception of Bcash) has generally gone down. They cannot understand how Bitcoin that used to trade at about 5,000 USD some weeks ago and looked ridiculously expensive has gone up to 7,000 USD in a space of a few weeks while Altcoins which seemed “undervalued” has gone further down. I look at the Korean forums and the (technical) analysis done by the forum users and readers is quite laughable.

As for Bcash, there seem to be primarily two reasons for the Korea pump.

First, people are generally very confused about the 2x hardfork. Many people think it is a legitimate technical conflict when it really is an attack on the Bitcoin, full nodes and the core developers. Koreans are not taking sides but many felt that Bcash will act as a hedge against Bitcoin price crashing prior to and during the 2x hardfork. (There is a small minority who thinks that 2x may succeed i.e. new 2x chain will become Bitcoin)

Second is the Jihan Wu factor. It is very clear to me now that many Koreans follow Jihan Wu through Twitter and forums. This is largely because Jihan has visited Korea many times now, done numerous interviews especially through social media. Koreans do not see Jihan Wu is a “leader”, but many believe that he has substantial influence. Many Koreans anticipated a “PUMP” by Jihan especially prior to and during the hardfork. I look at the crypto forums and a lot of the users are explicitly screaming for a “PUMP” of Bcash by Jihan. It is amazing. Unfortunately this is the level of discourse that is going on right now in Korean forums and social media."

Follow Adam on Twitter- https://twitter.com/TechBalt/
My appearance on CNBC Africa!
Bitcoin people you need to know!
Thursday's Bgold show
Thursday's show Where Bgold was brought up!
Birth of the Crypto-dividend

Email the Disrupt Meister intern- clark@disruptmeister.com and tell us why you want to be an intern!

"MeisterFreeHW1Over200" This is the coupon that is for people who spends over $200 (exclude shipping) to get a free H.W1. Ledger hardware wallet. Limit 10 pcs only coupon use at first, first come first serve basis only. 1 per customer for up to 10 uses.

"MeisterFreeTShirtNoPurchaseNeeded" free Tshirt with no purchase necessary. buyers need to add the tshirt into the shopping cart, Apply coupon, it'll deduct $7.99 from total which leaves $5.00 to be paid for Shipping Shirts could run out so there might be shipping delays. . There are total 6 crptocurrencies. Bitcoin, Dash, Litecoin, Ethereum, Zcash and Monero.

CryptoHWwallet affiliate link- https://www.cryptohwwallet.com?acc=a87ff679a2f3e71d9181a67b7542122c
CryptoHWwallet Facebook link: https://www.facebook.com/cryptoHWwallet/
CryptoHWwallet Twitter: https://twitter.com/cryptoHWwallet

Buy Cryptograffiti shirts here and use the "Meister" discount code to get 10% off anything in the store!
https://cryptograffiti.com/collections/all

---

BitcoinMeister information:

Support the cause if you like what I have to say:

BTC: 3HZngc6ASzt3deDm582u8xJRFAwmz7YTwG

ETC: 0xb28CD007E0495b34BA6030859030322b7bE8422B

Monero: 47MnZvoKVeZL4xhczW3t7zTnHQhJ3wkJ2Yxgyh2iWKTDhqrvdxjg41xZXrJhzn4yXxGVCJyNBroxK738rHKfGPWkQRQ2jj1

LTC: LQm55H4oUCoVPiBd25A4v2jHXLtC9oo9Jg

ETH: 0x0feb7bCd89C4Ea0c14FC7D94b9afBDE993034AD5

DASH: Xjcpo8Lh6NKQoV3F12pGpXUiK4XRoQyudN

Decred: Dsoq2ZPcqQDj5TSBLMAFX2SxCMHaYFnDty4

Buy your Bitcoin Trezor storage device here: https://shop.trezor.io/?a=c81d29b7bbf1
Buy Bitcoin at Coinbase here: https://www.coinbase.com/join/528aa4ec443594782100003a
Get all sorts of cryptocurrency storage devices and basic t-shirts at: https://www.cryptohwwallet.com?acc=a87ff679a2f3e71d9181a67b7542122c