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RE: History Lesson: Putting the Rise and Fall of Altcoins into Perspective

in #cryptocurrency7 years ago

Excellent post, thanks very much for sharing your analysis. I think the fork that is supposed to happen later this month will answer many of the questions posed above. The entire market seems to follow BTC, and it could either rise or fall based on the outcome of segwit2x and or BIP148.

Also interesting to note, the bitcoin hash rate has risen 30% as of late. Check out my post below for more info:

https://steemit.com/bitcoin/@chivesz/bitcoin-hash-rate-jumps-30-possible-fork-or-price-break-imminent

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Happy to know you liked the analysis. The upcoming fork is certainly on everyone's mind. Likely another reason why the alt coins are even more shaky at this stage even with all of the positive news coming out right now in every other respect (ironically).

Yeah the Hashrate has increased and certainly means we're on the move in some direction. The problem is knowing which!