BTC is not just dying...

in bitcoin •  7 years ago  (edited)

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Although every day looks like BTC is just going up a little bit to fall a lot lower afterwards.
But do not abandon BTC! He has the name and done a lot of pioneers work. Beside this loyalty argument everybody knows of the disadvantages this old constructed currency now has.

It has done its job. The people out there are either afraid or thinking about the monetary system finally. So should we bury it? Don't do it! Keep some BTC because probably many people want to save it through the lightning network or a hard fork.

Please check also:
https://steemit.com/bitcoin/@mathsinnature/do-not-loose-your-faith

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This issue has nothing to do with BitCoin in particular,
and that does not necessarily mean it's collapsing,

  • Dash is down by Almost 50% form $1100+ to $650.
  • ETH is down to $890 from $1100+,
  • BitCoin is down to $9600,
  • XRP now right this moment has dropped to $1.05
    so it's down the drain, too many sales, it won't bounce back till people start buying again.

https://steemit.com/introduceyourself/@cyrexxlm/introduceyourself
Also I recommend having an account on SteemFollower.
it will increase your STEEM POWER (SP), which will increase your voting power.
https://steemfollower.com/?r=9710

I wrote the article before the last extreme fall, because BTC was struggling anyway...