Btc,eth,steem, eos,ltc all down.steemCreated with Sketch.

in cryptocurrency •  7 years ago 

Market is going down people, my guess is this weekend it will be even lower, bitcoin take everyone down with it, even steem is down to $1.73 right now, just buy and hold more i guess, i cant believe eth is down this low $2.59, it was over $400 a month ago.
What the heck is going on?
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even tho cryptos are still going down they are up compared to many other assets like the dollar. its lost 50% of its purchasing power over the last 20 years.

https://steemit.com/steemit/@goldsilverguide/losing-money-by-saving-money

My guess is that BTC will drop heading towards 1 Aug and the UASF BIP148

ETH, ZCASH, DASH should rise in relation to BTC, although lower BTC will drag it down against USD.

If the BTC chain doesn't split it should rebound and probably head past $5k US by sept/october

If it does split, who knows, that is the uncertainity that will effect the BTC price over next few weeks.

  ·  7 years ago Reveal Comment
  ·  7 years ago (edited)

ETH $2.59? That must be a spelling error.

  ·  7 years ago Reveal Comment

Could it be Chinese manipulation? This video is about a month old, but it seems possible.

Wow
I voted for your post
Vote for my posts
Thanks bro

Just a small correction probably. Everything's going to go up. No worries :D

  ·  7 years ago Reveal Comment

It could even crush. But that's the nice part about crypto, we have no idea what will happen :)