OMG BTC IS $9,075.06
"You hear that, Mr. Anderson? That is the sound of inevitability. It is the sound of your death. Goodbye, Mr. Anderson."
This is the death of fiat currency not Bitcoin!
I remember my first BTC exchange, I paid $480.00 for one bitcoin back in 2016 and I bought all of my first cryptocurrency from my earnings here on Steemit. I made most of my rewards when steem was at 10 cents.
Right now I am worth over $100,00.00 and I started out with nothing but a few steem given to me by Steem Inc. Thank you Steemit!
It's been one heck of a ride and now the fight has begun. The established centralized fiat currency against decentralized currencies. In a way our fiat currency is a lot like cryptoccurency, most of our transactions are through debt and credit cards and controlled by the banking industry. I do not want the banking industry to control the markets and I would like to see the people take control of our currency and let the market decide which currencies will flourish rather than soulless governments, corporations, and institutions.
Yes, with you the right time of war against banks and governments will not let them spoil the market, which provided a lot of investors to all those who say that these currencies are a bubble, but the best future for peoples
@reddust,
It might recover this time, but not so long! BTC is outdated and STEEM, BTS, EOS is the future!
Cheers~
I don't know if it's outdated, it's adjusting and will adapt. I have faith that the bitcoin developers will get things all sorted out. I don't hold a lot of bitcoin, I have a diverse portfolio which includes a lot of steem, bts, and Eos because I have a crush on Dan....hahaha <3 <3 <3
My uncle Ron said it's okay. I believe him.
If it will be harder for you to hold (because you're invested in cryptocurrencies) try to concentrate on your blog and art. Should help :-)
I don't look at my wallets that often because I start digging to find out what is causing the rise or the dip and that is a big distraction. I understand that there were companies that take out futures on Bitcoin and when CME went online just when bitcoin hit $20,000.00 that's when the market started to tank as well.
https://www.caseyresearch.com/paper-gold-and-its-effect-on-the-gold-price/
My curious cat mind wonders if this is true for bitcoin as well....
The bad news is that once bitcoin traded on the futures market, I knew they were going to manipulate and destroy a good thing. As the price lowers it makes it enticing for banks and the big boys to join it. The good news is it is on sale. You got in at a good time.
I am hoping that bitcoin and cryptocurrencies in general will destroy futures markets they are evil, evil, evil!
I will not totally agree on "destroying" anything, or the fiat or something, I would prefer that people have other means of transaction very much away from the hands of those government and private regulators. Let us diversified the commerce. And using cryptocurrency is doing that role, and more in the future.
That does seem less threatening lol....thank you for settling my down.
Is federal government of each country that is affecting it. They are warning people not to invest or buy btc again.
I've seen India and several other countries trying to control the cryptocurrencies and FB has banned all cryptocurrency ads.
Am scared to invest on btc, because federal government of different country are creating panic on people who want to invest on btc. As at today, is been announced on our local radio station that people shouldn't invest on btc. So people who has already invest on it and cashing their money. So tell me how cryptocurrencies want to survive.
One of the reasons cryptocurrency was invented was to escape from government control. The governments can't control cryptocurrency but they can scare people that don't understand blockchain and decentralized currency from investing. I can't give trading advise....Research and invest with what makes sense to you...don't invest on what someone else says...
Yes, you are right, the price of btc is now affecting steem,sbd and other cryptocurrencies.
With my own knowledge,
At the end of each month, investor sell there btc to pay some bills, so after a week, some new investor are waiting for btc to drop so that they can invest then, so my own prediction is that btc will pump up by next week. New investors are pumping money on btc now
That sounds right, I don't get into the markets too much. I research what I want to invest in for the long term. I don't like trading that much, I get too anxious lololol
I guess you've invested a good sum of dollar to topup your steempower early in your steemit posting right?
I came to steemit with nothing in my pockets and a creative curiousity @guruvaj. The hard forks changed several times since I was here and I tried to stuff all my earnings into SP and once in a while I would either sell some SBD or power down and sell my steem. I first invested in bitcoin and when I became comfortable trading I branched out to other conservative coins like LTC and Dash. My speculative coins have been EOS, which has been the best, BTS is great because I love the guy who coded Steemit and his father who runs bit shares. I bought some eth so I can have some gas for registering my EOS and saw a lot of growth in that as well.
Some months I've earned a lot of rewards and other months I've earned just a few rewards. Sometimes that was because of the hard forks and reward pool, or SBD and Steem were cheap or people weren't interested in my art...so I work very hard on content and invest for the long term in platforms that will be able to move data quickly, efficiently, with little fees and energy involved.
Inevitability their ass. We will be fine. Just hold.
I'm thinking to buy a couple if it drops more.
I have my eye on a couple of cryptos and bitcoin is one of them ;-) it's like my savings account
I couldn't agree more. Let the market decide.
Unfortunately, the banksters control the governments that have all the guns and fear at their beck and call... :O
The struggle between good and evil goes on.
😄😇😄
We have a lot of guns as well, but we have something soulless entities like the government and banks don't have...we are creative and they are blundering zombies!
Hahahahaha! Truth! :D