Bitcoin went down to 3 day lows of $12888.00 on Bitstamp yesterday. News websites are putting out news that are not true and just try to make headlines for clicks.
Bitcoin bulls are jittery in this time when Bitcoin is going down from December highs. Bitcoin bulls are used to see new highs every month, but looks like this is changing for 2018.
Bitcoin will go up again, but we don’t know when. Therefore, I have always said I invest for income and not capitol growth. We don’t know what the price of bitcoin will be next week or next month. I invest for income in Mining with Genesis Mining and USI Tech.
I love it when Bitcoin goes up to new all-time highs, but we must remember that one day the bitcoin price will stabilize like any other currency.
Here is my favourite technical analysist The Chart Guys to give their view on Bitcoin price:
Please comment below with your thoughts on the Bitcoin price. Do you invest for income of capitol growth?
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I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 16 months. I am in profit and doubled my bitcoin in this time. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online.
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I still think it should be a good year for Bitcoin. The move from around 5k to around 20k was too fast, not surprising people took profits and it's in a narrow range now. There might be a spike down, to get rid of those that are jittery but I think there will be a big up move soon. There's also a lot of news that could move Bitcoin up, more use of sewiy, the lightning network, atomic swaps or anything else that increases speed, lowers transaction fees and improve scalability. The clock is ticking though. I almost sold my Bitcoin Cash that I bought in case Bitcoin doesn't sort out its problems but I decided to keep it as a hedge. It seems unlikely but if the Bitcoin devs can't produce the goods this year, there's a chance Bitcoin Cash will takeover.
thanks dear @sharpshot i really love you
[-]pleviss (36) · 2 days ago
1 Shut down in the whole of the USA and Canada
Owners ran previous Ponzi scams, Ralf Gold ran 6
USI have failed to respond to Cease and Desist
ETH pool was emptied
http://behindmlm.com/companies/usi-tech/usi-tech-suspend-withdrawals-18-mill-eth-mining-pool-cleaned-out/
Gensies mining said they were fake
Is this a "I had a dream" slides from a cheap marketing company, Or actual code and technical explanation of how it works and proof it will work. We should be able to see more than slides in a typical whitepaper. I had a dream is different to I have designed abd build oh and it works white paper. I thought it was terrible.
Lets compare whitepaper, Can see how different it is??
http://gavwood.com/paper.pdf
USI tech on tv and MSM as a scam
http://behindmlm.com/companies/usi-tech/ponzi-senator-blames-usi-tech-affiliates-doesnt-acknowledge-securities/