Why Bitcoin is surging again, in plain English. (Follow up Yesterdays Post)
This is a second part of my yesterdays post have you noticed the price of Bitcoin has surged more than 18% in just the last 24 hours and now sits at $2704.32, it is not too far from its June all-time-high shy of $3,000.
Plan and simple:
Bitcoin is being updated. Yes the price is being drawn up because of this, though the update has the chance of causing a serious serious rift that threatens some of the best things about Bitcoin, including how easy it is to use. It is a very complicated system, things are starting to look good right about now for that rift (fork) not actually happening. Knock on wood though, we are not out of the woods just yet.
Story of how all this is unfolding is a complex one
If you tried to read or watch any of the explanations about what exactly is happening with bitcoin trust me there are a couple of good ones out there. But you probably still didn't understand a damn thing. The terminology is code for the normal steemit user, the damn dates are constantly shifting, a lot of uncertainty as to what exactly might happen!
Please read below for some more insight a more in depth to understand what is going on.
What the hell is going on anyways!
Again to learn more just go to 1august.org
BTC Bitcoin Hard Fork SegWit - How to PROFIT from it
BIP91 Has Passed Bitcoin to the Moon!
That's very interesting friend.
Check out the past posts on this.
dope post @zeartul, definitely not out of the woods yet but feeling good vibes.
I hedged Bitcoin with my whole trading stash into Litecoin - it's solid crytpo.
Also - I just published a book on Amazon, called "Welcome to the F*cking Show: Bitcoin and Your Future With Money". If you have any new friends in crypto tell them to check it out, it's the quickest cutting of the crypto learning curve out there (I know, I've read all the Bitcoin books out there).
Cheers to crypto my friend
My latest transaction was instant and cost 0.04%, that's four hundredths of a percent. 3 confirmations within 15 minutes. Bitcoin. Use it. Live it. Love it.
I got a bellyRub and this post has received a 12.05 % upvote from @bellyrub thanks to: @zeartul.