You are viewing a single comment's thread from:
RE: Bitcoin is heading down. Steem is heading up.
Yeah right, Bitcoin is not going down and STEEM going up! Bitcoin has to go up for this STEEM thing to continue! You know it if BTC drops so will everything. The selling is contagious! Let's just hope they both go up! Your title stinks because it is inaccurate, It makes Bitcoin look like it is really going down when it is not! Is there a reason you want BTC to do down, seems subconsciously you do? Is there a problem, did you not get enough Bitcoin under your belt while it was low?? lol I can see right through your post!!
Bitcoin is correcting, which is a perfectly healthy thing for it to do. It is currently at $7600 which is significantly lower than the $8000 that it was at. I will still argue that it is going to continue going down as it continues to correct to at least $7000. However, it should bounce off of the target which could be $7000 or it could be even lower and then shoot up higher again. I really think we will be at about $20,000 by the end of the year.....but Bitcoin is certainly heading down temporarily as it undergoes this correction and there is no way anybody could argue it is not lower today than it was yesterday or the day before.
As for steem, it did have a little pump so it was going up. It is very difficult for steem to continue to rise without Bitcoin but many people do dream that it will eventually Decouple. My guess is that in order for it to do so our community will have to lose some of its toxic elements. It will be a tough ride but I'm doing my part by running the steem fiction group that publishes books on Amazon.com. I hope you are doing well.
Yeah you are right, I was just scared and in denial! Decouple that wouldd be nice, I got more Steems than Bitcoins that is for sure!!