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

in #cryptocurrency7 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!
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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.

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

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

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 :)

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!

really could go either way.

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?

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

Cool video, gained a loyal follower!

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

Great post keeps sharing.

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

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

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