When random people sees price hikes in BTC (atleast not for now)

in #bitcoin7 years ago (edited)

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Bitcoin's price is definitely on the low for now. Will the price ever bounce back and hit $3000? I don't know. The determinance of the price will be on 21st of July where bitcoin will officially adopt segwit2x . If it shows a negative effect on the 21JULY . Not only the price of btc will fall , but most altcoins too as the majority of them uses Bitcoin as a medium of transfer. However ,larger altcoins like litecoin,ethereum will rise and gain more popularity IF the price of bitcoin plunge after SEGWIT2x implementation . In the long run , i truly think that the value of bitcoin will rise even further as more and more people are entering the crypto-market.

Thank you for your time , in my next blog , i will be talking about my favorite altcoins and which one has the potential to boom in the future. It will be solely based on my knowledge ( research that i have done). Please make your own judgement and do not fully take my advice into consideration as i m no expert.

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SegWit2x activation will start on 21st July. You must have red old news about USAF, that isn't going to happen anymore.

Whops sorry, i read it a couple weeks before . will update it thanks !

I would wait for more definite reversal/buy signals (starting with the hourly charts), because it was not about a pair of coins, but the whole market was down. Lets just wait for a week.

Mr Cat no buy, Mr Cat wait

HAhahahaha Mr Cat is impatient! However ,if you are an altcoin trader/ investor , i truly think it is the time to buy. I bought a couple STEEM last night around $1.40 ish , and it went up this morning .

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