Bitcoin Price is currently struggling as Anticipation for August 1st Grows
As earlier we published a post on the expected bitcoin BIP148 to happen on 1st of august , you can read full article here => CLICK HERE
As for now Bitcoin users are keeping a close eye on the charts. These are tense times for the world’s leading cryptocurrency.
As seen on the chart ,seems some users are stuffing their money on Ethereum.
So I have seen a time when the ETH was disconnected from the XBTs issues and ETH would rise when XBT fell.
This whole XBT fork thing is going to be one such issue. Eventually, hardcore XBT crypto-traders are going to find other coins to put their market cap into – ETH, LTC, ZEC – to ride out this mess & keep playing the crypto game.
Others will completely pull their crypto investments until this XBT fork mess is cleaned up – so look at the market cap continuing to shrink. I wish us all great fortitude in riding out The Great Crypto Recession of 2017
There will be a massive rebound, but things will get darker until 8/1. Hang in there, and don’t let the big stock firms come in and own crypto. It is a matter of great principle for us all to ride this out. Stay Strong! Stay Free!
Bitcoin’s price dictates how the rest of the cryptocurrency landscape evolves. If the BTC value goes down, other markets will undoubtedly follow. Right now, things look rather stable, but will they stay that way?
i will love to hear from your opinions on the comment box below