Mitchell Loureiro gives a Steemit update on This week in Bitcoin. PLUS- How high can cryptos go? South Africa BTC. Litecoin

in #steemit7 years ago (edited)

This Week in Bitcoin is the spot in the crypto-universe where you can find guests from all over the planet. This week our guests come from Portugal, South Africa, and Florida. We talk about the wild week in Bitcoin and Altcoins. To the moon! Steemit head of marketing Mitchell Loureiro talked about Steemit and Alts and more!

Mitchell Loureiro- https://steemit.com/@zurvanic
Lorien Gamaroff- https://www.youtube.com/user/gamaroff/videos
https://twitter.com/gamaroff
Bitcoin and Coffee Channel- https://www.youtube.com/channel/UClgFnbew3urAVM39rzNu49w/videos
Bitfinex getting close to "normal"? https://bitcoinwisdom.com/markets/bitfinex/btcusd

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@bitcoinmeister STEEM is ranked in top 15k websites globally now. http://www.alexa.com/siteinfo/steemit.com

  • STEEM is going to bring many new faces into Crypt0

Great update from @dantheman / @dan in case you missed it:
https://steemit.com/blocktalk/@steempower/dan-larimer-interview-with-alex-sterk-from-blocktalk

steem dollar should probably be taken off polo to keep the peg stable

Or added to more exchanges. :)

I don't know about that one. People need as many options to trade their SBD in for BTC as possible. It's not Polo's fault that naive speculators are over there.

Bitcoin CAN and will DOUBLE!

Don't underestimate BTC!

Bitcoin is UNDERVALUED!

I say to buy and hold BTC. 2020 Halving event will be important.

sorry, what do you mean by 2020? could you kindly elaborate.

You need to be very familiar with the Bitcoin Halving concept to properly understand it. We had a halving in 2016 which helped the price, the next one is in 2020. Here is info: http://www.coindesk.com/making-sense-bitcoins-halving/

thank you.

in 2020 the amount of bitcoin the block-chain pays out will be cut in half... less bitcoin mean more value .. :-)

litecoin the silver of bitcoin.

That's what people like to say. Go Charlie Lee go!

This huge push feels like FOMO. Investors weren't sure about bitcoin until it showed it was NOT capped at the level of gold. This is showing that the sky really is the limit with bitcoin and cryptocurrency, and people are afraid of missing the peak.

Thanks for the comment Shayne. I think there is FOMO in BTC and probably in LTC and ETH. At the start of the show there was a little confusion about what exactly is in a bubble now and what is not. By the end of the show I think it was pretty clear that most of us feel there is no basis behind ripple's surge and clearly it is being fueled by irrational speculators and manipulators. Mitchell made a great point about Poloniex and SBD.

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