Post Consensus Discussion

in bitcoin •  7 years ago 

Well guys, it's the end of Blockchain Week and we are met with a red candle instead of a green one. Was the event a disappointment and who is causing the dip?

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Low prices are very frustrating
I hope to rise as soon as possible
Video really distinguished publishing well
You are a wonderful and successful person, my friend

Thanks so much Roselover!

was expecting prices to moon total opposite happened

Markets as unpredictable as ever!

The opposite of mooning is... the Earth's core...? The price was.. molten?

Low prices are great, gives me longer to buy more at good prices.

@boxmining thanks for all your updates. You were one of the first people I started following when I started investing in Crypto. Keep up the great work and thanks for being active on steem. We need more people like you with content posting on here!

Resteemed and upvoted!

@kabir88

Judging by the last 24 hours of Steem price I think Koreans are buying and Americans are selling but it's hard to say for sure.

Hi Mikel!

Thanks a lot for this informative video and your insights.

I think the reason why there was not really a pump is because everybody was expecting it and in my opinion markets often tend to do the opposite what everybody is expecting. That is also why it is probably the best to buy the dip or when everybody is bearish and if you want take out some profit when everybody is hyping it and calling moon landings. (Although I like to stay invested anyway.)

WOW thanks a lot for the upvotes! I really appreciate that.

Everyone was referring to past years' charts during Consensus and expecting a pump, me included. Which reminded me that past history is not an indication of the future.

Haha.. that guy who came behind you with a big smile. You are in a jolly environment, which place is this?
Good to know that interest is huge, and it is not lost. Hoping for the best. Good luck for future video.

I never expected a pump. Market is full of shitcoins. Regulations. Fraud. Big companies will not invest into a market like that.

If crypto starts rising due to scaling milestones being met and proof that mainstream adoption is happening it is IMHO favourable to a pump in value due to news events & press releases. Maybe the lack of a consensus driven pump should not be viewed as a negative event but proof that the space is maturing . I

Good point regarding institutions getting in slowly over time as it tests out.
Hopefully these small steps truly are in the right direction.

@boxmining you so great man.
I am your every post resteemit done.. best of luck

Very happy to see you out there my man!
Have been sub'd to your youtube channel for a long time. Good content!
I usually watch every one of you vids.. you and Ivan are like Batman and Robin :pIMG_0285.JPG

a feel like am alone by saying all of these is good. a want to see slow up
and yes its red but its not going down down it seems every time it happens its crashes less like bitcone is sittting at 8.2k now this is 2k more then the lowest we seen after x-mas.
my investment is a 5 years one. a thing is great news.
a like u blog style.
:) a lot off entertainment in the background

I was very surprised to see how Thomas Lee of Fundstrat quickly posted to his twitter account about the lack of a run up in the market now that consensus is over. He literally said he was "disappointed". I'd say we need to hold tight and just let the market work. The ideas are here and the old guard see how blockchain tech can increase their bottom-line, especially in the financial industry and supply-chain management.

Hi buddy

I've been away for past 3 weeks (short holiday) and finally im back :) Loads of catching up is awaiting me now.

I checked your profile and im glad to see that you're still very active on steemit.

I've heard so many people complaining about that event.

Obviously upvoted.

Cheers buddy,
Piotr

Too many people had been saying for too long that consensus would cause a rise. If the majority expect something I tend to lean the other way. Be gready when others are fearful and all that!

I don't care whether cmc is green or red all over, I'm here for technology wink wink.

Nice post well done.