A good recovery over the last 24 hours

in #bitcoin7 years ago

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Bitcoin performance never fails to surprise me, every drop is temporary and snaps back like an elastic band. It’s a true performer, but is it bullet proof? I guess what I mean by this, is worst come to worst can it handle a hard fork?

Absolutely it can, there has been many bad things getting in the way of Bitcoin like the collapse of the Mt.Gox exchange, but look at this coin fly the performance and resilience is unbelievable.

Hang on in there and enjoy the future.

HODL

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the true test will be coming in the next 2 weeks!

It’s going to be a twitchy bottom time over the next few weeks. I’m thinking longer term bitcoin in some shape or form will lead the way. My worst case prediction for the shorter term would be Bitcoin drops and the Flippining takes place with Ethereum as it races ahead of Bitcoin. Might never happen, but a thought of mine.

I agree, although, I'm hoping for a big surge before July 29. Then if BTC splits up / has a bunch of in-fighting, I expect everything will fall hard. Once the dust settles, either BTC or ETH will come back as the leader, depending on how much damage BTC does to itself.

Only time will tell!

It’s going to be an exciting couple of weeks, I’m going to get some popcorn in for this one. Thanks for your comment.

guess we'll see a dip every weekend until August

It’s looking this way so far and I’m guessing there will be a lot of panic generated by the media in the coming week. Sit tight and seat belt on, the roller coaster is going to get interesting.

But I also tink that it won't really get better in August. It maybe takes some time and people will loose faith in cryptocurrencies.. This would be the right time to buy in

I agree. I think the looming possibility of a hard fork will be a dark cloud for some time and on the positive side will create opportunities for investing. Saying that crypto is full of surprises.

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