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.
Beanbtc
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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