Is bitcoin going to hit the ground ?

in #bitcoin3 years ago

With all the speculation and rumors going around is bitcoin in serious trouble? We have seen unprecedented growth in the most popular crypto currency , but do all good things come to an end ? The current situation last night has been described as a dead cat bounce, will bitcoin continue to plummet while the alt coins continue into orbit ? Any opinions to these questions are welcome and only time will tell who has the right prediction .

Sort:  

Don't believe bitcoin is dead..this is a buying opportunity...Dead cat bounce...well, we need a bigger decline....and then a bounce...Too early to bring the cat to the table👍

I think with the plans for implementing the lightning network that this is improbable but not sure where you define "ground". Once lightning is in place, I expect BTC to rebound with a vengeance. There may be some good opportunities to buy in the interim.

Found a helpful link with more technical details:

https://cointelegraph.com/news/lightning-must-strike-soon-bitcoin-facing-backlogs-as-scalability-solution-awaited

Bitcoin is the original and it will endure. Bitcoin cash is crashing already and bitcoin is already recovering its high price.

Me too i cant wait to get my pc up and running so i can vuy some too 😊

Please Commend or vot me

Congratulations @stevecoin77! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

This post has received a 12.50 % upvote from @steemthat thanks to: @binkley. Thank you for your support. Delegate Steem Power In 3 Seconds... SteemThat.com

Thanks @binkley for your support 😊 when im swimming with the whales i wont forget 😉

This post has received a 14.52 % upvote from thanks to: @binkley.
For more information, click here!!!!

The Minnowhelper team is still looking for investors (Minimum 10 SP), if you are interested in this, read the conditions of how to invest click here!!!

I would but i dont even have 10 sp yet :( in the future ill try my best to help you out . These minnow helpers are aweskme for steemit

A small amount of SBD + a high quality post goes along way. The community at https://SteemThat.com says hello from time to time by helping members get their posts to at least 1.000 in upvotes. It is completely random and your name was on the list today. We can't do it all of the time yet but as the community grows we will set new goals and actaully help minnows grow. Have a great day! 😀

Can you underatand to me about bitcoin.

There is alot to expain about bitcoin , basically its a decentralized currency available to the masses through blockchain technology . Look into what a block chain is and how these currencies are created. There is a lot of research to be done until you will understand fully what bitcoins and other crypto currencies are . My advice is just start u tubing until you get the basics , im still only pretty new to the crypto game myself 😊 thanks very much for your great comment , i hope i helped you get the ball rolling .

Coin Marketplace

STEEM 0.15
TRX 0.03
JST 0.022
BTC 13511.24
ETH 382.04
USDT 1.00
SBD 0.96