Crypto Catchup - What happened over Christmas?

in #bitcoin7 years ago

Bitcoin and cryptocurrencies had a major dip (some would even call it bitcoin crash) over the long weekend. In this video we talk about what I thought of the crash and the current crypto markets. We also cover South Korean Markets, Bitcoin God and John McAfee

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Hope you had fun during your short holidays @boxmining. You deserve a break!

wow great post keep it up

thanks!

awesome video. I am looking to get in market but waited BTC to drop once again. Thank.

new year coming up, lots of uncertainty there :D

I think being the best store of value is HUGE. The HODLers don't care about the fee, but about security. This means the HODLers will pay for the enormous security and 2nd layers can deliver services where the focus is on speed, privacy ect. with the same security level and almost for free!

one of my friends got in to bitcoin this November, she was freaking out about this drop, I try to keep her informed about what is happening around bitcoin and try to remind her about why bitcoin is important, also, I made sure she kept her coins in a Ledger Nano so it would be an extra layer before she would jump to sell it off. I think it is important to make sure when you invite someone into bitcoin or criptos, you keep up with them and try to make the ride as smooth as possible, its part of our responsibility while being in this community

@boxmining - I totally agree with you that Bitcoin has proved itself that it is not really a currency but more like a digital gold.
Also - great observation on the Alts suddenly shooting up because a coin gets listed on an exchange and gets a huge rally.
You are right about the McAfee tweets too. I have benefited from the coins from John McAfee tweets.

Thanks for this short and powerful update. Upvoted and following you.
I am a newbie in crypto but I have made an interesting observation of correlation between Nature and Bitcoin price corrections in my latest blog. As a crypto expert, I would love to have your feedback. May I request you to take a look and provide feedback. Thanks

Regards,

@vm2904

Thank you for this info! Its good that steemers like you make videos like this that helps us better understand and analyze the market. Just a note about McAfee, he is getting payed to promote any coin. Yes the prices go up just for a little bit then hits rock bottom again. Whoever is reading this comment, i would advise you not invest in the coins that McAfee is promoting. McAfee gave financial advice, and endorsements for a number of cryptocurrencies that lost investors a lot of money... Please spread the word!

Great video, as always!

Great post

maybe get in market but waited BTC to drop once again, @boxmining

Wow that was extremely informative. Thanks boxmining I will drop you a follow.

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