Have you checked the market today? Alt coins are greener than a Leprechaun's outfit and Bitcoin has regained ground from recent losses.
Don't let this volatile market trick you into losing any of your coins.
The big issues with Bitcoin are not over by any stretch. Here's a graphic flow chart which outlines things still to come.
The other crazy thing I came across in my research was posted by Mr. John McAfee, Entrepreneur, Crytpo Miner, and founder of McAfee Associates. The company's security products ran on millions of computers worldwide. He placed a serious bet on the price of bitcoin in 3 years being $500,000+. He also mentioned that if bitcoin forked, he would be on Jihan Wu's side as they are friends and John considers Jihan to be extremely smart.
If you don't know who Jihan Wu is, check this out: http://www.investopedia.com/news/who-jihan-wu-and-does-he-basically-control-bitcoin-today/?lgl=rira-baseline-vertical
The Twitter rant was entertaining. You can read it here:
Ok so the past two days have experienced new inflows of over $20,000,000,000. Bitcoin is up over $500 per whole coin or unit. There's a lot of excitement going around but I wouldn't pop the champagne bottles yet. I am personally keeping some of my investment money in reserve to see what happens closer to August 1st and immediately afterwards.
Thanks for reading this and for everyone who has upvoted, resteemed, followed, and commented on previous posts!
Sources:
www.coinmarketcap.com
www.wallpaperup.com
www.giphy.com
www.coindesk.com
Disclaimer:
I am not a financial advisor so please invest at your own risk. I am not sponsored, endorsed, or otherwise compensated in any fashion by these sources, however I am a humble Steemian who wishes to bring forth quality content in order to add value to our community.
STEEM ON
~prep4shtf
Great post! I too feel we're not out of the woods yet and am holding out to the end of July/first part of August to add to positions. The flow chart is very interesting. Re-Steemed
Outstanding. Thank you sir.
Disclaimer: I am just a bot trying to be helpful.
But I think that, like it or not, the truth is that bitcoin is already an outdated technology. And I go further, I think that all cryptos that still rely on blockchain technology are already outdated, because nowadays we have post-blockchain cryptos like Iota with zero fees, instant transactions and enabled micropayments.
That's very interesting. I will check out Iota. I like what you're saying about it. Thanks for your input and support.
Found you by looking though #THL list of recent members--though I am not a member (on the fence). I appreciate that coindesk graphic greatly! I had yet to find one to illustrate the potentials yet. Thanks! Checking out your other posts, too. Looks like good stuff--followed! See you around..
That's cool. It's a good group of people trying to help each other out. I find that to be admirable. The coindesk graphic made sense to me so I couldn't help but share. I like pictures. LoL. Thanks for the follow @greenacrehome. I sincerely appreciate your input and support!
I just saw they are now charging for joining #THL and I didn't get accepted from my previous inquiries... oh well. Check out my post where I've created a Steemit Homesteaders slack community. We have several homesteaders that have joined so far this week. It's free. Nothing against #THL, just putting this out to you as well since Steemit doesn't have a direct message feature where I could sent this to you otherwise. :-) It's also not just for homesteading... we have a few prepping rooms, too as many of us are preppers too. ;-) Hope to see you on there.
Yeah, I'm a newb with no green to trade, but thinking of trading some shiny for altcoins....
It can be a bit daunting to take cryptos in, but Steemit is helping loads!!!
So I wanted to say Hello!!
✌ Peace!! Anyway, I am going through #THL and following everyone now that I'm IN.
That's a tough decision to trade some shiny for altcoin. I like Steemit a lot so far. The community here has been extremely helpful and supportive. Hello back to ya and a hearty welcome to the platform :)
Thanks!!
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