What's wrong with bitcoin for now?

in #bitcoin7 years ago

Until recently, we expected a slight drop in bitcoin and a significant increase in altcoins. Which is basically fulfilled. However...

First - dont worry! I will try to explain and outline some arguments for keeping calm.

  1. Weekend sales
  2. Ignorance about the "fork" bitcoin cash - in reality its not a "fork", but "split", hence no free money
  3. Revocation of the BTC fork
  4. New bitmain machine announcement
  5. In connection with the above minor correction.

I see this week bitcoin for ~$5100 and next week back on ~$7100 - $7600.

Enjoy railroad and be good :)