After a day of consolidation, Bitcoin is now slightly back in it's upward trend area but struggling to stay there. If we stay above the 1801.4 which happens to be the trend line for today, we will see another significant push. Next target 1900, a little more consolidation before we break the $2000 line. If we fall back below the trend line, it will take longer for that to happen.
In my last post I told people to make sure they stash away at least 10 Bitcoins no matter what. This advice I been giving away to my friends ever since getting into crypto back in 2011. The prices ranged from $100 to $1800+ by now. If 20% of the people in the world each owned some bitcoin, the price of bitcoin would be at 1 Million Dollars. So if at the current prices you are unable to buy 10 bitcoins, start somewhere, even owning 1 bitcoin will make you a millionaire one day.
PeerPlays: why buy now
Thanks to @kingscrown post today I remembered I needed to get in on the PPY sale before it's over. It's true I waited till the last seven hours to make a purchase, but that was for a good reason. At today's bitcoin price 1 bitcoin will buy a lot more PPY than let's say a couple of months ago. Although I calculate my cost in Satoshi, PPY is sold at around $5 each, which means rising Bitcoin price gives you a big discount. Few hours left and a good time to buy @peerplays
Right now I am sitting at the balance viewer page waiting for my bitcoin deposit to confirm :D
Should've used another coin. :P
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😂 lol
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STEEM deposits are still not visible in the balance viewer atm :/
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This is great!
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thats what many of us feel like with the price of silver being constantly smashed and supressed....by jp morgan and the rest of the parasites....
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Hahaha :D nice!
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lol:-)
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LOL!
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I bought into this a few days ago.
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Bitcoin is about to make a Deep retracement. Dont buy the top, wait for a good dip.
Long term looks good though.
Check out my blog for more detail on this subject.
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What makes you think so?
Just curious, because I believe BTC is going to drop to about $1400-$1500 mark. Not due to any inside knowledge or special insight on my part, but simply because the recent spike seems to be exaggerated, not in line with the dollar inflation rate and hence unwarranted.
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Thanks , I am still learning.....will check out your blog
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mammasitta never took you for an investor!! niceeee
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Hahaha ! Yap My secrets :) I am learning....
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Good move for sure.
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I had that kind of itchy feeling when I heard about:)
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Good investment. I know one thing about this that made me invest in it -- "Trustworthy Devs"
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Let's see ! 😜☺️
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That loooks like a head and shoulders pattern to me !
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Yes wait till you see the Big Butt formation I invented.
Dandruff is not as bad as hemorrhoids :D
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Well see what happens with this one I just wanted to make the head and shoulders clear for you
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lmao, good one
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bazinga!
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Yes. After a day it came back to normal. Hope to see ups..
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yes it's a very good sign that downtrend did not last long, but we are not out of the danger zone yet.
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I'll buy more PPY in 3rd qtr when price at lower trend, hopefully.
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Where do you think it will be traded?
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Congratulations @joseph!
Your post was mentioned in my hit parade in the following category:
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Sry to crunch your numbers, but 20% of the world population ist upwards of 1.5 billion people, while the max amount of bitcoin will be 21 million. So they can never own 1 whole BTC.
You are giving investment advice after all...
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sorry meant to say each owned some bitcoin. thx for pointing it out.
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yw and thumbs up for correcting ;)
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Thanks for the advice. Bitcoin is relatively new here in Nigeria where I live, I am planing on doing some serious investment and outreach for BTC and STEEM.
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Hello my friend
It's good to see this wonderful post
I have looked for more knowledge
Thank you so much my friend
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I am Bitcoin. Invest!
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It's a way to do it.
For me, I don't like to speculate on btc prices for an INVESTMENT. IF that's how you see it. Sure, flipping or just trading, different way to look at it. As investing though...short terms variation mean nothing to me.
But glad you're into ppy...the hype is insane. I hope they live up to the promises :)
Being crypto...
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bitcoin is raging to hit 2k - 2,2k !!
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i want to buy
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you want to buy what ? bitcoin or peerplays ? ^^
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Yes ... it will probably hit 2.3k very soon
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Let it go till it tired
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Please do not give people ill-advised ideas about trading Bitcoins. For everybody reading this, historic charts do not and will never predict the future, if you are buying Bitcoin now in hopes of riding the wave without researching what drives the prices you are just a gambler even if you know a bit of technical stuff about Bitcoins and blockchain.
Moreover, you are a bad gambler because you are buying Bitcoins at an all-time high. When the price hit $1,000 in 2013 that were hundreds of these kinds of post, but nobody talks about Bitcoin when it's at a very low price - WHEN YOU SHOULD ACTUALLY BUY IT.
Learn why the Bitcoin price is the value that it is today, if a lot of people are saying you should buy now..you probably should NOT.
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Where exactly do you see me giving any trading advice, for it to be ill or otherwise. Where did I say I was buying Bitcoin? Learn to read and comprehend before spitting out your thought diarrhea .
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Thanks for you post, a reminder for me to get some of these as well. Betting on a Betting network/coin is a Bet not to be missed :)
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One could as easily wait after the ico and buy the dip.
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if you expect the dip to come...5$ dip migh never happen.
who knows.
good luck
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There are big players in Bitcoin just like the stock market. If you own enough of anything you can push the price around by buying and selling to benefit yourself. Assets that go parabolic usually pull back pretty hard at some point. I'm betting on a pull back. That being said I feel Bitcoin and some other alt coins are here to stay. Today's prices will probably look extremely cheap down the road if you can stomach the volatility along the way.
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Yes we should actually! Thank you
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Very good blog. Good to see I'm not the only one who thinks like this. The fluctuating market will result in the greatest price swings any market has ever seen. I really advice people to take a look at: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. For example: https://www.coincheckup.com/coins/Bitcoin#analysis To see the: Bitcoin Report
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I'm giving away 1 ETH, check my blog for details
https://steemit.com/ethereum/@captainbluff/giving-away-1-ethereum-if-you-can-guess-the-price-on-may-29th-11-50-pm-et
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great post!
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I have a lot of faith in Peerplays, are you in for the longterm?
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hoping bitcoin to hit at 2000usd mark. at this time it goes around 1800 usd.
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Peerplays is one of the best investments I made and we are getting ever closer to launch!
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Sorry im new in blockchain, i know lil about bitcoin, so what is different between perplay and bitcoin, (help answer?
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2200 is my next upward resistance trend guess! Woot Woot! Here we go, awaiting the Hyperinflation keywords to start hitting the mainstream soon!
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