This is What Bitcoin Looked Like in the Last 24 Hours VS. Altcoins and USD.

in #bitcoin8 years ago (edited)

That Catastrophic (Tiny Correction) Sure Did Not Last Long!

Bitcoin is now back and tearing up Coin Market Cap. We hit two important milestones last night as Bitcoin touched $3000 and we passed $100 Billion market cap for the first time ever.

The Media is Starting to Report About Bitcoin All Over the World.

Today @AnaHilarski had an article published in Panama's largest newspaper about Bitcoin and Steemit. This bodes well for those of you who HODL. As we see when Bitcoin rises Steem likes to follow.


Source Reddit

This Time Bitcoin Caught Me Off Guard.

Usually I get a sense of when the tide is turning and the momentum is leaving the altcoin market and switching to Bitcoin but this time was different. By the time I noticed it my wallets were down a good bit so I decided to just sit back and let things play out.

I am glad I did because almost all of my holdings have recovered the majority that they lost yesterday. As soon as Bitcoin plateaus again that money will be looking for somewhere to make profits and it will flood into the altcoin market.

If you find yourself in a similar situation do not panic sell. Bitcoin and the altcoins are in a constant seesaw battle. We can't sit and watch our computers 24 hours a day. Get out and enjoy life, Bitcoin and Crypto Currencies are just a tool to make life better. Your altcoins will recover, I guarantee it!

Sort:  

I totally agree @hilarski I gave myself at least a year before I would power down and exchange any of my steem power. I think I will most likely go longer than that now that the price of STEEM and really most if not all cryptos is going up. I think we are early in the 3 wave of Elliot Wave theory, which means we are a ways from the peak of these historic times.

full steem ahead!

ps, thanks for all your previous support, it is truly much appreciated!

I know many people have said this but it's true, more and more people are coming into this field so by logic more demand therefore higher prices will keep coming. So greatful I found this new technology!

Just Buy and Hold!

That video tho had me dying laughing. Jebus love crypto!!!

LOL - that must be btc LAPPING the other coins

Love it lol

Excellent! Dying because of that video..LOL. Thank you for some laughs this morning. Happy trading.(:

huh
I would have expected
a tadpole trike.

Very cool, although bitcoin wasn't started racing from the back. BITCOIN IS THE KING OF CRYPTO!

A really good one.