Looks to me like the BIP91/Segwit confusion is causing people to go "flat". Some "cloud mining" companies have stopped Bitcoin payouts due to system problems. A big spike in FUD, some have said, "thats it - i am out of cryptos". The experience is sapping confidence in cryptos generally. Clif High, internet and crypto soothsayer, believes this should be expected leading in to early August when Bitcoin should recover. I will be holding my position through this time. If I feel particularly brave I may add to it.
Boooooo.
Looks to me like the BIP91/Segwit confusion is causing people to go "flat". Some "cloud mining" companies have stopped Bitcoin payouts due to system problems. A big spike in FUD, some have said, "thats it - i am out of cryptos". The experience is sapping confidence in cryptos generally. Clif High, internet and crypto soothsayer, believes this should be expected leading in to early August when Bitcoin should recover. I will be holding my position through this time. If I feel particularly brave I may add to it.
Crypto soothsayer lol