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RE: BITCOIN DROPS BELOW $2000.00 AND STEEM DROPS BELOW $1.00! - TECHNICAL ANALYSIS

in #bitcoin7 years ago

I'll wait until the hard fork. If you look at what happened to Ethereum, I believe Bitcoin and its new counterpart will add up to a greater amount of cash.

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What do you mean by adding up to a greater amount of cash?

Let us suppose that the original Bitcoin will split into Bitcoin and Bitcoin Classic. This will mean that the price will be cut in half for both of the chains. Then, the price will grow on the chain that people see more promising. I am almost certain that it will be the one with SegWit2x. I cash out both of the currencies and buy some Steem Power. The cash sum of both chains will be greater than if I sold my Bitcoin before the split.

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