BitBean (BEAN) Long Term Potential AnalysisBitBean (BITB) Overview
Bean Cash (Ticker: BEAN) is a re-brand of the digital currency and network, previously known as “BitBean” (Ticker: BITB). The “BitBean” blockchain and network began on February 13th., 2015. In 2018 a private company (unrelated to the crypto currency previously known as “BitBean”) began using US Trademark authority to usurp the name “BitBean” for it’s own use. Pre-empting this action, in late 2017, it was decided by Bean Core to rebrand to Bean Cash to avoid unecessary conflicts. It was the first ‘crypto-currency’ to implement a maximum of 20MB block sizes, based on Gavin Andersen’s proposals to fix Bitcoin’s scalability limitations. BitBean was also the first ‘cryptocurrency’ to pioneer the use of static block rewards in a Proof of Bean (PoB) system — which now makes energy wasting PoW (Proof of Work) systems, inefficient, expensive and archaic!
Bean Cash inherits BitBean’s mature blockchain and rock-solid network, becoming one of the most super-green digital currencies on the market today! While other blockchains continue to hardfork, roll-back transactions, and change their protocol (Bitcoin Segwit), Bean Cash has never had a hardfork or transaction roll-back. Bean Cash (formerly known as “BitBean the Cryptocurrency”) had no ICO, pre-mine or swap. Blockchain integrity is one of the defining features of Bean Cash.
Mission: To be an enduring digital currency, with high integrity, a store of value and a means of exchange for every day transactions — that stands the test of time!
BitBean (BITBBTC) Chart Analysis
Now I am looking at BITBBTC and we have all the indications of a bottomed out altcoin. This one is available for trading on Bittrex, let’s take a look at the charts and see how it goes. This one can be highly profitable like almost all of our other low volume market cap. altcoins. This is only a chart analysis and not a piece of trade advice. All of my trades are clearly marked and contain buy-in, targets, stop-loss, etc.
Chart:
Here we are looking at the long term chart. We can see that BitBean (BEAN) has been available for trading on Bittrex since early 2015, in cryptocurrency market terms, basically since the stone age.
Now trading above EMA10, we can also see a significant increase in trading volume. If you can’t see this on this chart you can open one up yourself, choose the weekly time frame and zoom in. You will be able to notice that BITBBTCs price is now above EMA10 and the increasing volume. These are very strong signals when you are looking for an altcoin before it takes off.
We can also notice strong bullish divergence on the MACD.
MACD trending up with plenty of room available for growth.
BEAN also hit a new low on early March 2019, the lowest after 2017.
The RSI is also looking strong.
So we hit a new low, we move above EMA10 and we have increasing volume… All signals that are telling us that bullish action is about to happen here.
This one has huge profits potential long term.
IT ALL CONTINUES AND IT KEEPS ON GOING
Life keeps on going, it all continues.
It doesn’t matter if you believe it or not.
It doesn’t matter if you think is right or wrong.
It no longer matters if the answer you gave was correct.
It doesn’t matter if it was wrong, it never mattered for anyone anyway.
Life goes on, meditation or not.
Life maintains its pace, doesn’t matter if you meditate.
So it doesn’t matter how far you really go…
If you are trying to make sense of everything, enjoyment is the answer when you finally reach the goal.
Life is not meant to be understood.
Life is meant to be enjoyed.
Namaste.
BEAN
This Coin is A Joke! $BITB $BEANYou can buy the coin for gambling, way safer but longer than in Vegas. I wish you can read the chart as speculators if you buy this one. MEH.
- non existence of twitter official account
- bad looking website
- 50 billion total supply
- bad name
- no marketing
- not interesting project
- sounds like a joke without even try rather than blockchain project.
- at least if you wanted to scam / make people waste their time y'all give some interesting one
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Daily Chart - I love my #bitb aka #bean - #HODL and #SproutingI really like #bitbean aka #beancash project and here's my daily view about it. Price has been slowly decreasing over the last months and now has reached a level that I think will act as a support (the 50sat range). And if it doesn't go down, it will eventually go up.
Added a fractal to show what I would like to see and it fits most of my levels... let's see in a couple of months how did this play out. Meanwhile, I have 100% of my Bitbean on my local wallet and sprouting every day :) It's the most secure and profitable place to have them if you're planning to sell, one of the best PoS for sure ;)
#beancash / #bitbean price about to breakout? (2nd idea update)Main idea:
At the latest attempt to breakout, it looks like the markets didn't manage to have the momentum it needed and so, it naturally pulled back down to support reload zones as well finding support on fib speed fan levels. When I look at this formation I can see this moving up again soon to make the the 3rd breakout attempt...
#Beancash / #Bitbean - Heading to 1000sat? Time will tell...A few weeks ago I predicted with pinpoint accuracy the #Bitbean / #Beancash breakout, I was quite surprised regarding the extent of the push, didn't expect it to go as high in such short time but it made that crazy push and price have been correcting since then.
Today I was looking at the chart fishing for clues and I notice a possible move were the last push was not the final one but the first part of a bigger push... I'm not sure of this of course but if I'm we may see #Beancash / #Bitbean reaching near the 1000sat range!
Only time will tell...
Previous chart prediction:
#beancash / #bitbean price about to breakout? (idea update)Update on the idea published on the 23 Jan 2018. I'm still waiting for that 1000sat range // around $0.1
I think the price it's about to breakout sooner or later. It may happen on this bullish push that has been happening in the last day (a), or it may suffer a little pullback to fib retracement levels regarding this move (b) before starting to climb again to try the breakout again (c). I see some pitstops along the way at levels set by previous support key levels.
as usual... let's wait and see!
#Bitbean Daily Chart Prediction after Bean Cash (BEAN) rebrandLooks like the rebrand from Bitbean (Bitb) to Bean Cash (BEAN) is happening "soon" and I think that event may send the price right up following something like this...
Bitbean soon to be BeanCash and prediction for the next 6 monthsDAILY CHART for BITB / USD (( BEAN / USD ))
Bitbean is going to rebrand to Bean Cash (BEAN) and that event may push the price to cross over the expected breakout level (black line). Once it crosses the price will start to rise to test previous ATH. If it manages to cross over that ATH the logical thinking is that will try to double the price from the previous ATH (2x). After the new ATH (2x) has been achieved, the price will retrace to the expected support levels making normal retracement and price correction relative to full push extent. After that, the cycle may repeat again...
