What will oktober november bring for crypto?

in #bitcoin • 7 years ago

Their is another hardfork comming in november for bitcoin. So possibly the price will go down again.
If price bitcoin goes down so does steemprice and other alts.

I am not sure if we will experience another drop like what happend in june/juli this year.
What are your toughts on this matter?

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#cryptocurrency #crypto #invest #money
7 years ago in #bitcoin by
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     7 years ago 

    I not understand why the Altcoins Drop more down as Bitcoin. Mainly there are other better technics behind and they should be stable. But they drop all over more down. Why?

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     7 years ago 

    because bitcoin is the only crypto with a proven track record of not being a shitcoin. no altcoin can say the same. hardly any other cryptos have been around enough to be useful, have supporting infrastructure, or a dedicated user base. while some alts may prove they are not shitcoins in the future, you must always assume they are until they have been proven otherwise. since bitcoin is 48% of the market cap, when it's price dips, all shitcoins dependent on it, also dip, and they dip a lot more, based on how speculative they are.

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       7 years ago 

      Your right with all Coins about sha and scrypt, they arent a good base for transaction speed and usement. They only a mode hype. But why Eth and xrp also fall like Bitcoin, eMark, Lte! Blackcoin and so on?
      Eth and xrp Relation is far away

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       7 years ago 

      I don't think the hardfork will happen; many are pulling out of the "New York agreement" for 2X block size and the implementation of seg. witness is still in process making Bitcoin bigger ,stronger, faster...

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       7 years ago 

      this post is so amazing, I'm so inspired to keep working hard on steem.

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         7 years ago 

        So much information @brothermic thanks for sharing.

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           7 years ago 

          I tend to agree with you, check out my recent blog post for my thoughts :)

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