Bitcoin is deciding... up or disappear!
I believe Bitcoin is at a VERY important point of making its decision, whether go up and dominate the crypto world as till now; or falling down to US$3000 level and even disappear!
first target
Bitcoin shouldn't touch this level:
if BTC touches this level, the last chance is to bounce back immediately and never ever touch this:
if this happens, forget about having BTC above 6k for a quite considerable period of time...
what about the ALTCOINS?
This is what I wonder myself... Ethereum has a chance to take the crown and lead the others, or the whole crypto ecosystem can become history...
I don't think bitcoin could drag the whole ecosystem down even if it wanted to. There is some serious tech out there, and as soon as we start feeling the quakes from the centralized economies, these decentralized counterparts are going to sky rocket.
Alex I follow your posts and I like your opinions. I didn't mean BTC will bring the whole crypto ecosystem down if it fails. I even think in a time which other cryptos gain maturity, BTC will fade away as it adds small value to the whole system, while ETH adds a lot. fundamentals.
we are still small community fed up with centrally controled sources.
change makes resistance and takes patience 😉
I missed the whole run up on BTC last year because I felt very similarily. What does BTC do for us other than be a legacy platform that proved that the whole thing was possible? We do not venerate the CD or laserdisc because they taught us that laser reading was possible, we happily use blu-ray or 100% digital formats now!
So I believe the best and most useful blockchains will continue to add value, which blockchain do you use the most? I think it must be STEEM!
This is so true, we cannot chart the path of the future, but we can guess which direction we are heading! It is a pleasure to communicate with you again @honarparvar!
So, that drastic do you see the crypto markets right now. It would be something to see Ethereum taking the crown from Bitcoin, but I don't think so. Curious what will happen the next weeks.
personally, I believe Bitcoin is going to stay above $6400
but technically I have evidences for my words above in the post... it's not emotional!
i love to see how responsive you are @honarparvar
Up or disappear? I think this are too hard words:)
However future shows everything.
Fingers crossed for all crypto, Ethereum (which I mine) and of course BTC.
and I have technical ecidence that the channel bounce is ove for BTC... time to make bold decisions!
yes I don't like too conservative messages 😃
wish you luck in your mining job.
may I know which country you are in and how much do you pay for 1 KWH electricity?
thanks:) I am from Poland, and I do not mine on own equipment. This is cloud mining - in company from my country, so I pay only for MH/s (computing power), 111 $ for 4 MH/s, power included in this price.
Altcoin going up when btc dominance going down
that's a possible scenario
hi @honarparvar
Thank you for checking and commenting my latest posts. I hope you found it valuable :)
Just checked your profile just to realize that we seem to share a number of interests :)
In particular that we both share a similar passion towards cryptocurrencies and blockchain technology :)
big fat upvote on the way! :)
I will follow you closely :)
Take care, Piotr
thanks buddy, yes I do agree with you. we are a community of millions maybe who are fed up with centralised systems and lobbys
I appreciate your interaction and comments even more than upvotes, though they are very valuable and mean a lot.
what's your analysis on STEEM's future?
2018 was really boring and disappointing... I even don't expect the remaining months to be exciting! :(
big thx for your prompt reply @honarparvar
I also dont think that this year we will see any more action. 2018 will be super quiet.
partly because mass media got bored with bitcoin and blockchain long time ago. and it will take some time for them to pick up on this topic again. withou mass media being involved you we cannot expect much.
dont you think?
agree and also I think it takes time for the 2017's rally heat to cool off!
media is skeptic/conservative against crypto, but who cares? we have DECENTRALIZED media 😁
Thank you for your reply @honarparvar
Appreciate. Yours, Piotr