Imagine losing 850,000 Bitcoin. Now, imagine paying it back and flooding the market. The law of supply and demand dictates that it will put downward pressure on BTC and BTH prices, and the crypto markets saw an outflow of crypto investment as the Mt. Gox payout began. BTC will survive, but will BCH? And where can investors go to wait out the Mt. Gox payout price plunge?
Bitcoin (BTC) and Bitcoin Cash (BCH): Feeling the pinch, or just overreacting?
Bitcoin dominance is over 53% at the moment, with a market cap of $1.33 trillion. While the Mt Gox payout is not insubstantial, the 850,000 bitcoin represents a mere 4.3% of the circulating supply. BTC investors withdrew on the Mt. Gox payout news, but it may be a panic move. BTC is too resilient to be impacted by such a relatively small market maneuver, but taking shelter in a different crypto investment during this period may not be an overreaction.
The same may not be true for Bitcoin Cash (BCH), which the Mt. Gox payout must also cough up. BCH is comfortably in the top 20 by market cap, but many wonder how and why BCH still sits so high on the rankings. BCH is at a mere 9% of its ATH despite it making a 61% green candle over the last year. Now that the Mt. Gox payout will have to reimburse clients in BCH, there may be legitimate worry that the BCH price could bottom out even more, signaling the death knell for any BCH crypto investments.
Rollblock (RBLK): A Safe Haven and Long-Term Crypto Investment
One of the best crypto investments one can make is to get in on presales and ICOs where the price is as low as it is ever likely to go. Investors worried about the Mt. Gox payout and what it may do to BTC and BCH should consider looking into presales like the one offered by Rollblock, a new GambleFi token.
Rollblock is an Ethereum-based online gambling dApp that has gathered over $1.3 million in liquidity even though it is only in its fourth phase of presale. The reason is simple: Rollblock has enormous profit potential as it is placed at the coal face of the $500 billion gambling market. With no KYC and a play-to-earn model, Rollblock’s dozens of games have something for everyone.
But it’s the RBLK token that has the investors buzzing. This deflationary token is hard capped at a billion. With regular token burns, supply is guaranteed to be suppressed, making it a pure deflationary token. But it is the revenue-sharing model that elevated Rollblock from an investment to an income-bearing asset. All Rollblock token holders will get a weekly payout from the profits generated on the dApp, making this not just a token to hold for market price movement but also one that will put money in the back pocket on a weekly basis.
At a mere $0.017 per RBLK token, the barrier to entry in this amazing offer is incredibly low, and investors are gobbling up the RBLK tokens almost as fast as they are released. RBLK is now available directly from the website.
Discover the exciting opportunities of the Rollblock (RBLK) presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
