Bitcoin's Uncertain Future!!

in #bitcoin7 years ago

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Hello Steemitian:)

After several months of rising and an apotheosis to 2500 $ on May 25, the last bubble of the bitcoin seems to be deflating causing in its fall all the crypto-currencies. The bitcoin, which in one month had multiplied its value by two, has indeed lost more than 25% in two days.

Two hypotheses:

  • It is simply a small pause for a profit;
  • This is a more sustainable phenomenon as Bitcoin has experienced in the past. For example, Spring Fever 2011, which drove the bitcoin from $ 1 to $ 29 before falling back to $ 7. We will also remember the high-profile bubbles of April and December

For me it is only a small profit of the traders that leads to a snowball effect as we have seen quite a lot in the past, if the course stabilizes I think the bubble is not finished this And it will be much more important than the previous ones (because of an investment that seems extremely profitable to the eyes of quite a lot of people) personally I can not imagine reselling my btc to less than $ 4000 and I go further, It might even be wise to keep them for the next 10 years, because the blockchain is growing and interested more and more investors / traders I think not tomorrow the day before it will disappear or be replaced by d Other blockchains such as ethereum, not because these blockchains are more or less well but for now their price is indexed on that of the bitcoin...

25% correction, the Bitcoin experienced far worse than that.
This year already there were two corrections that were almost of the same order.
January 2017 and March 2017.
The panic sellers of small traders in short panties.
The Bitcoin is a matter of patience no day trading for players not even understanding its technology,
If one takes the first 30 to 40 crypto, there must be a very low percentage of loser for any long term investor. Certain long-term must now be very rich. The one who knows made a small basket of shares in the first crypto 2 years ago barely regrets it.

It is not a price that must be aimed at, but a use, a maturity, which will then define a standard price. For now the bitcoin, even today, remains experimental. We are in the unknown. He is not even sure that he will remain the currency of the future. It could also become THE currency that would replace gold. Who knows ? no one ! Look at the usage. You will see the price afterwards (and this is of little importance in substance)

I would just say it's just a 'small' course correction that was really going up too fast these days, and that the course will resume its rise from the beginning of next week.

what do you think ??

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Very interesting to see how things will develop and what will happening regarding fork or Segwit2x adoption, what do you think @machhour?

Yes..me also upvoted..Would you please let me know how I can earn from using steemit in details?

Buddy just stay on. Relax this month . in August bitcoin will start running again with double tripple speed. yup it is correction time.

yes :) thanks so much its shopping time i KEEP CALM and HODL :)
Thanks for stopping by.

"The Bitcoin is a matter of patience no day trading for players not even understanding its technology"

Definitely, I wonder how someone can be so irresponsible to invest in something he doesn't understand. Bitcoin is here for long-term as a currency or digital gold

I invested in end of May 2017 and saw price of bitcoin steadily decline.

Still I bought and held and never sold

Why ?
See the last paragraph
https://steemit.com/bitcoin/@rjona1/parable-of-the-sower-and-bitcoin

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This uncertainly will last for how many days ?

upped my friend

muy buen post bro!! muy buena informacion! un abrazo

upvoted
good work continue i want more posts to upvote you and succed nchaallah

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