The Bitcoin Roller Coaster
After the soft fork news bitcoin dropped to $1,863 and has now bounced back up to $2,600. Its crazy every one predicted that it would drop even further. Many people sold there bitcoin on the way down and lost killer money. Very few predicted the rise again and those who did got in right when it bounced back up. What many people don't realize is that bitcoin has value because people want it. So if people see that bitcoin is dropping people will invest. Some sights like bitconnect are pausing there operations until bitcoin hits its soft fork. Investing in bitcoin right now is gambling. Make sure the money you put in you are okay with loosing.!
![](https://steemitimages.com/640x0/https://steemitimages.com/DQmRXyWJ42PeWhKSDgCHePngw3BzABKShG6qPZzrUk6SE2R/Steemit%20profile%20pic.jpg)
You're good, keep at it. :) @cryptofixer
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the comment
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Theone from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The rise is due to the successful activation of BIP91 earlier today.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I know but most people don't understand. Thanks for thought though. #respect
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit