Bitcoin and CryptoCurruncy
1 .
Current Market Situation: #cryptocurruncy
Multiple factors involved here: #BTC and #BCC
🔹 Lots of people holding BTC on Bittrex in hope that they will get free BCC from (1 August 2017).
🔹 In last few days, people sold out their Altcoins and converted them into BTC in hope of getting Free BCC.
Bittrex will give you Free BCC in ratio of 1:1
Explanation: If you have 0.1 BTC, you will get 0.1 BCC free
If you have 0.5 BTC, you will get 0.5 BCC free
This means equivalent amount of BCC will be credited to your Bittrex account 😱 if you are having BTC on Bittrex 😊
Secondly: It could be the last day of seeing altcoins really cheap. Altcoins may jump very high from tomorrow onwards.
What shall I do❓
I will buy as much altcoins as I can and will not go for the other option to keep BTC on Bittrex in hope of getting free BCC. Altcoins have greater potential to give up to 500% profits in coming months.
Buy Steem if you can hold it for at least 3 weeks
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