Bitcoin segwit.steemCreated with Sketch.

in #bitcoin7 years ago

Here we see Litecoin story again.

btc2.png
People fail to understand segwit, and expect the price to boom on segwit.

Bitcoin will become a better coin after segwit

But the price un a market is established by demand and offer
Bitcoin was not a bad coin before segwit, it had it's holders, it's markets ....like Litecoin.

Bitcoin demand will not increase at the segwit moment. The better segwited Bitcoin creates the potential to integrate Bitcoin in many new markets and by that increasing the demand, but that takes time


So...here we go again, people selling other coins, other people coming with fiat to buy Bitcoin and increasing market cap, all of them expecting to get rich on 1 August, dreaming of a 10,000$ BTC over night. Bitcoin price jumping now because of the buyers before segwit...then....disappointment, market cap dropping, people going back to fiat, cursing that they did not make a milion dollars over one night and therefore crypto is scam.

In my opinion is the best time to buy other crypto, for example ETH now it's cheaper to buy than to mine at current difficulty.


  • You can support this channel by voting , following, and also by using my genesis mining code if you purchase hashrate.
  • You also get 3% PRICE DISCOUNT when purchasing hashrate from genesis mining by using the promo code : qa4zyl

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 59203.63
ETH 2522.75
USDT 1.00
SBD 2.51