CRYPTO WARS - Why Im Dumping Bitcoin At the End Of July (Segwit Hype Bubble)steemCreated with Sketch.

in cryptocurrency •  7 years ago 
Today I discuss Peercoin, Vertcoin, and EOS along with an exit strategy for the next couple of weeks. Right now Crypto is strong! But at some point we will see a correction. Segwit will be great for Bitcoin but with all this news im getting a sense of hype! Segwit may send the price higher then its true value. The end of July (in my opinion) will be a good time to take profits. Check it out!
cryptocurrency eos bitcoin steem cryptowars
7 years ago by

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      ·  7 years ago 

    I'm making the crypto world friendly and accessible for everybody by explaining acronyms and terms related to cryptocurrency. Here I found:

    EOSERC-20 compatible token that may have no value, distributed on the Ethereum blockchain pursuant to a related ERC-20 smart contract (the “EOS Tokens”)
    SegWitSegregated Witness is a scaling solution proposed by Bitcoin Core, which will increase the block size limit on a blockchain by removing signature data from Bitcoin transactions

    Please upvote for visibility. If there are any missing terms here you want to be added to the database, please comment, so I'll become better.

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    5 votes
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      ·  7 years ago 

    While you're at it, some may benefit from knowing what even ERC-20 tokens are.

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    2 votes
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      ·  7 years ago (edited)

    Yes I'm worried about they hype then crash for segwitt though I'm nervous of timing the crypto market which seems so volatile and unpredictable

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    1 vote
    [-]
      ·  7 years ago 

    I generally agree with what you're saying here. What really "caught my ear" was the "crypto inflation" you mentioned. I feel this for a long time, but haven't named it yet – it really helps. I mean, who needs hunderds of new coins? And it's even worse with those ETH ICOs.

    "Crypto inflation". I'll save that, thanks :)

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    2 votes
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      ·  7 years ago 

    Yea its becoming ridiculous! Once there is a big shake out though alot of them wont even exist anymore. Will be interesting to see how it plays out!

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        ·  7 years ago 

      really could go either way.

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      1 vote
      [-]
        ·  7 years ago 

      Wealthico-crypto.gif

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        [-]
          ·  7 years ago 

        I have dumped Bitcoin already. So, I think you are offering good advice. Did you have any trouble with Steem/SBD at poloniex like I did?

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          [-]
            ·  7 years ago 

          I use bittrex actually but alot of people are experiencing your problem.

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            [-]
              ·  7 years ago 

            Cool video, gained a loyal follower!

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              [-]
                ·  7 years ago 

              Thank you!! Much appreciated I shall follow back!!

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                [-]
                  ·  7 years ago 

                Great post keeps sharing.

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                  [-]
                    ·  7 years ago 

                  I enjoyed your video and strategy thoughts, especially parking money in gold mining stocks.
                  Thank you!

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                    [-]
                      ·  7 years ago 

                    Thank you for the support! And yea I think its a promising move!!

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                      [-]
                        ·  7 years ago 

                      how do I buy eos? I spent all yesterday trying to figure out how to buy some but cant figure it out.
                      any help would be appericated.
                      cheers

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                        [-]
                          ·  7 years ago 

                        I like ,,, Posting ,,, good information ... !!!
                        This is helpful for users who want to get steam and SBD from their bitcoin, etherium etc.
                        Just looking around.
                        But I do not have much bitcoin or etherium. So I am not in a position to exchange it, because I just started with blockchain and cryptocurrency.: D
                        Will use Blocktrade after getting enough SBD and collecting some crypto.

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                            ·  7 years ago 

                          Very good
                          Keep up your work

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                            [-]
                              ·  7 years ago 

                            Thanks for the advise....Segwit could be problematic in August.

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                              [-]
                                ·  7 years ago 

                              what happens to other altcoins price on aug 1 ?

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                                [-]
                                  ·  7 years ago 

                                I thought Bitcoin was created to be a peer to peer currency? Store of value is not talked about in the whitepaper is it?

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                                  [-]
                                    ·  7 years ago 

                                  I need some advice. Please, check out my post and make a comment if you have something to share with me. Thanks. https://steemit.com/bitcoin/@vikky/litecoin-invest-or-not-to-invest-in-this-cryptocurrency

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