Great afternoon dear steemians !!!
I was just checking some people I use to follow on Youtube then suddenly I got this news. I immediately went to the Coindesk to check the news and it was in the main page!
Right after I got this news I noticed BTC was about 7900 $ then it begun to fall continuously and right now while I write this post it is about 7,340 $
I believe this 600 $ dip in a matter of hours should be the people that have bought BTC in order to get free BTC2 coins after the fork. and maybe some people that have no Idea what is happening and have despaired when they see the price start falling. In My humble opinion thins is not just a great news to BTC couse bringing more stability for not having a split of its chain, but could be a good news for all others alt coins which steem is included.
Since I'm just a freshman in this brave new crypto world I try to follow and listen to some people that I judge they are more experienced with this, and some of then were telling me that the majority of the alt coins was "suffering" with this BTC fork possibility, for a simple reason people were taking their investments off the alt to inside BTC not only speculating it could rise but in order to get the free coins from the SEGWIT 2X. Now that this will not happen anymore and BTC have lost over 6 billions of market cap in a matter of 2 hours, part of this money should come back from the crypto that they where once taking off.
I believe steem could start rising again in the following week, maybe not back to 1.6$ but at least to the 1$ mark, what do you think about it ? =D
Ps: Remember by just clicking in the resteem button you will be giving an amazingly support to great content authors to keep doing his good work. So do not hesitate to resteem or even making a post about a good content you have seen, share it with your Steemit brothers and sisters! ^^
Thank you for reading my post!
I'm @andyluy a Brazilian jobless college student, freshman at cryptocurrencies who live in Rio de Janeiro, love to make new friends , travel around the world, having adventures and believe that steemit can help me to gather 20,000 $ to realize my life dream to study in Japan!
I intend to post about amazing things I've experienced, and hope soon be able to bring you with me to my new adventures