The Evolution of Bitcoin and crypto coins from july 2017 till end of august .Predictions for future value.
Hello Friends!
Today I wish to discuss a little about the evolution of bitcoin and other coins from July till the present month, September.
If you read my previous articles, you know that I am on the sea now and ...well is hard to find some good internet, from net cafe till climbing on high places or just pay by the hour I always find a way to stay connect even for a little while.
I started my contract on the sea in april of this year and in that time Bitcoin was a whapping price of 1.400 $ ...for a time I bid not connect to internet...
But when I did connect first thing that I saw was this:
Photo made with my phone on laptop screen
This value was for the month of July when all crypto coins got a huge increase of their value.
To be onest I expected this thing to happen because last year and the year before that it happened the same.
Knowing this small detail we can make a prediction for the future...
But before that let us check again crypto coins value
This screens I took from EOBOT site where I am a member for over 1 year .
As you can see we start from 10 august and last screen is from 31 august
Now I made some small screens from beginning of august till the end to show how much the value of bitcoin and other coins has jumped .
As you can see the price of btc has gone up more than 1k $ witch Is a lot . Some predict that this coin will reach 10k $ soon .
But as bitcoin grows also other coins grow like for example dash coin:
Note: the price or value is the first line in color green
Even the price o Steem has gone up:
And...you know...just know that something is a miss when you see the price of Litecoin going up:
Now as I said up The price of bitcoin increased in this summer but it did follow a trend since last year and the year before that.
In the same time most of the coins got a huge boost because of bitcoin .
Steem got also a let us say medium boost in value following also a trend that started last year. To be more exact steem was at the value of 3$ in the summer and sunk in the winter to a value of 0.14 $.
Now bitcoin has done something similar but not to such a dangerous level and also for bitcoin was something different but what it matters is that it happened in the same time.
For example bitcoin crashed for a little while it was at 1.4k $ because of massive investments from China to counter its price while the value of steem decreased because of massive powering downs. (also other reasons as well).
In conclusion I take all of this into account and I say that the price of crypto coins is growing in the summer and decreasing in the winter ....so we should expect a low but noticeable decrease in the winter followed by another explosion of bitcoin.
That's all I had to say for the moment I am Cynetyc and I will see you next time!
I think Bitcoin was rise to 5000 USD..
I can understand your difficulties @cynetyc.. Don't you have a Satellite internet connection on your ship...?
For sure it will be 5000$ soon .
PS: Yeah but it is expensive because of too many users, but still I can have some internet if I buy from time to time.
that was a great analysis of the crypto scenario by you learnt some new things today how market grows and decrease i will be looking forward for your post's to have your analysis back again :) because i love cryptos and its good to have your analysis here my friend :)
I am very happy that you loved my article ! like in many things we must follow our instinct when investing but never forget about logic. Bitcoin is volatile but because of its age or period on the blockchain we can see some repeating trends in its growth .
heyyy u were online 😢 i missed that hows u bro ?
I am good @hassanabid ...I still fighting ))
That is pretty good collection of data
and no wonder The crypto Market will gain momentum and the price of few coins are gonna rise and hope for the best for Steem :)
steem is good coin
very nice
Thank you for reading my small article!
small ? 😂😂