Bitcoin Price Falls Below $2,500...! Other altcoins follow in the red.

in bitcoin •  7 years ago 

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Bitcoin price falls over the weekend. Bitcoin now has a market cap of just under $41 billion. The slumping price affects Ethereum and many other altcoins. The price of bitcoin fell as low as $2,496. This was probably unexpected a week or two ago as the king of cryptocurrencies was approaching all time high nearing $3, 000.

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Panic in the Crypto World
Many in the crypto world began to wonder whether the proposed network fork is fueling the recent bitcoin price decline. Perhaps some this hard/soft fork is making some investors feel uncertain and cashing out their profits in anticipation of further price dip following the fork. If that happens, rather than work away hard hearted investors would instead take advantage of the dip and stock up at a steep discount from current prices.

My Advice (off record)
Buck up and buy more of the coins you've always wanted as prices would eventually go back up after the correction and uncertainty.

Please upvote. Comment. Follow. Keep the Steem spirit up.

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cheap coins, yeah :D

Sale day, whoehoe :)

Ha nice timing :D

Falling is the best and the perfect time for buys. To those who we left out. God gave you another opportuinity.
Remember profit is made in the buys not the sells

You're quite right time to get close to that million dollar.

It's actual time for buying bitcoin

Literally time to rise. Just like your username time4rise. I like that. Let steemit to the millions!

Yup - agree. Time to buckle up. It's going to be a bumpy ride.

That's right! I already bought a little litecoin.

Litecoin is about to surge. Charlie Lee quit his full time job @ Google to focus on Litecoin full time. Sit back and enjoy your steemit coffee when Litecoin surge in the coming days.