Boom. BTC Hits $6K And $100 Billion Market Cap As Helicopter Ben &amp; Jamie Demon Warn The End Is Near

wix (55) 7 years ago

Come on 7k baby

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bitopia (54) 7 years ago (edited)

Another great day that crypto and Blockhain is once again showing the world that this 'Bubble' is not going anywhere. Those who are seeing and understanding what is happening now, though it seems already massive, this is truly only the beginning of this crypto-revolution. Let's lead the charge!

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zeidlitwhips (51) 7 years ago

It's quiet baffling to see Bitcoin hit the $6k mark and steem continues to loose value. Don't know how to put that

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cryptoeater (69) 7 years ago

it's due to people selling their altcoins (such as Steem) and buying bitcoins before the 2 hardforks coming up, which essentially means people holding bitcoin will get free money (bitcoin gold and bitcoin 2x).
As they sell, the values of Steem and many other altcoins drop.
Coins like BitConnect is traded pretty much ONLY with bitcoins so its value is measured in satoshis, so as bitcoin's value increase, so do the value of coins like bitconnect

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3 votes

the-couple (34) 7 years ago

agree

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zeidlitwhips (51) 7 years ago

Thanks for the explanation, makes sense and I understand the situation better. Enjoy your weekend

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fahdebrahim (27) 7 years ago

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buster544 (52) 7 years ago

Now may be the best time to grab alt coins cheap, while everyone is jumping on m bitcoin , Etherium, litecoin and such are barely moving or going lower.
When bitcoin settles, the others will play catch up and those who kept or bought some will make a nice profit also.
Playing cryptos can make you some nice returns...

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zeidlitwhips (51) 7 years ago

Definitely, totally makes sense to do as you explained. Thanks for the input n enjoy your weekend

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kingbrianboru (61) 7 years ago

Rampant inflation in steem is also a problem from the ulimited 'printing' of new currency.
Large holders are losing more than they can earn over time.

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zeidlitwhips (51) 7 years ago

Interesting point, if the small accounts as many of us here have are loosing their earnings and depreciating account values, I can only imagine how the big accounts are loosing. Thanks for the comment and enjoy your weekend

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bestmaruf2017 (17) 7 years ago

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3 votes

fahdebrahim (27) 7 years ago

Thanks for awesome post. I have followed, upvoted and resteem your post. Just follow me dtube.video/#!/c/fahdebrahim and upvote this comment for future upvote and resteem for your post

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3 votes

fahdebrahim (27) 7 years ago

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muhajir93 (48) 7 years ago

Nice videos and great help in developing BTC, thanks for sharing the video.@dollarvigilante

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sagardhoke777 (12) 7 years ago

Oh my God, thank you friend, that's very big news, excellent

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positive.vibes (38) 7 years ago

Bitcoin is already in tbe control of the power that shouldn't be . The war is already lost but the price will continue to rise because the people are not being told due to consorship

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