This is What Bitcoin Looked Like in the Last 24 Hours VS. Altcoins and USD.

in bitcoin •  8 years ago  (edited)

That Catastrophic (Tiny Correction) Sure Did Not Last Long!

Bitcoin is now back and tearing up Coin Market Cap. We hit two important milestones last night as Bitcoin touched $3000 and we passed $100 Billion market cap for the first time ever.

The Media is Starting to Report About Bitcoin All Over the World.

Today @AnaHilarski had an article published in Panama's largest newspaper about Bitcoin and Steemit. This bodes well for those of you who HODL. As we see when Bitcoin rises Steem likes to follow.


Source Reddit

This Time Bitcoin Caught Me Off Guard.

Usually I get a sense of when the tide is turning and the momentum is leaving the altcoin market and switching to Bitcoin but this time was different. By the time I noticed it my wallets were down a good bit so I decided to just sit back and let things play out.

I am glad I did because almost all of my holdings have recovered the majority that they lost yesterday. As soon as Bitcoin plateaus again that money will be looking for somewhere to make profits and it will flood into the altcoin market.

If you find yourself in a similar situation do not panic sell. Bitcoin and the altcoins are in a constant seesaw battle. We can't sit and watch our computers 24 hours a day. Get out and enjoy life, Bitcoin and Crypto Currencies are just a tool to make life better. Your altcoins will recover, I guarantee it!

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I totally agree @hilarski I gave myself at least a year before I would power down and exchange any of my steem power. I think I will most likely go longer than that now that the price of STEEM and really most if not all cryptos is going up. I think we are early in the 3 wave of Elliot Wave theory, which means we are a ways from the peak of these historic times.

full steem ahead!

ps, thanks for all your previous support, it is truly much appreciated!

I know many people have said this but it's true, more and more people are coming into this field so by logic more demand therefore higher prices will keep coming. So greatful I found this new technology!

Just Buy and Hold!

That video tho had me dying laughing. Jebus love crypto!!!

LOL - that must be btc LAPPING the other coins

huh
I would have expected
a tadpole trike.

Love it lol

Excellent! Dying because of that video..LOL. Thank you for some laughs this morning. Happy trading.(:

Very cool, although bitcoin wasn't started racing from the back. BITCOIN IS THE KING OF CRYPTO!

A really good one.

My ETH and BTC holdings both surprised me waking up this morning.

Those ETH gains are making my head spin!

Went for a walk on Parque Omar before work just to have my brain do something other than watch Crypto Prices.

Have a good one!

I miss taking walks there. I used to live in the Hyde Park building on the back side of Parque Omar.

That's pretty awesome! Super funny

I did pretty well this time around, but missed the first surge. I pulled out of BTC in 2013 and didn't get back in until BTC was already $1800. I would have been better off letting it sit, but kept trying to flip and missed several 10% overnight jumps. Lesson learned, look at long term and take some risk in the sort term!

Great post once again and I love the bike video! We all need to laugh a bit!

Bitcoin is like a Switzerland of crypto world.

It sure is!

These "sky is falling" "corrections" from the Chicken Littles crack me up.

Do you believe in the project or don't you? If you do, hold. If you don't, not sure why you bought in the first place.

I'm with you...

I got chicken only for the Arise!

I told you..very dangerous to go short..:)

Gather whenever it drops...and forget it until a year later.. :P

Bitcoin stocks on a tear last few days a something new and exciting to consider. Here is the latest one I did a quick write up about, up 100% just today. Links in the article to the other ones as well.
https://steemit.com/cryptocurrency/@motowngold/1-more-bitcoin-stock-coin-citadel-cctl-0003-share-at-time-of-writing

We can't sit and watch our computers 24 hours a day. Get out and enjoy life, Bitcoin and Crypto Currencies are just a tool to make life better. Your altcoins will recover, I guarantee it!

This is the best advice ever... All when initiate in cryptoworld always keep looking the charts when the tendency is just like you say.

The less I look the more I enjoy. Magically our wealth increases every day.

Do not listen to the media, they have an agenda to keep you away from BTC.

Credible predictions have btc at 13,000 next feb. The US DOLLAR IS COLLAPSED ALREADY. If you don't know this, that is what is driving this. Capital flight across the world from FIAT DEATH.

I hope you folks can see what is happening, crypto is rising as central banks and government fall globally. Make sure you can survive a financial apocalypse, or your investment will be for naught. Food, Water, guns and ammo. You will need that to cash out in the future, since you need to survive first.

I am filling up my Steem Power and as I understand it takes a while for it to power down if I would like to cash it. So that gives peace of mind The market can do what it wants my Steem is locked up.

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from the video, litecoin was never ahead in the race ,its still hovering around 30, its perhaps most disappointing crypto so far.

We love to hate Litecoin.

ltc is going to boom soon

Steem is one of the rare altcoin that has outperformed Bitcoin in the last 24h.

Cool

that was so funny with the bicycle

thanks for sharing

What a great way to start the morning! Thank you, friend! Followed and resteemed.

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Upvote for you. I think Steem will increase quickly to 5 and maybe 10 dollar. Personally I'm waiting untill september before possible start powering down.

thank you for sharing :)

The increase in overall volume, and the fact that people are still willing to sell BTC for a profit (even dumping and driving the price down hard), helps confirm this is not a bubble for me. I have been slowly growing my own holding in the past few weeks, and believe I will be doing so all year.

The next step for me is to get more involved in cryptocoins itself beyond just owning.