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RE: DAILY STEEM REPORT JULY, 7TH ★ STEEM 1.74$ + 326 New Accounts

in #steemit8 years ago

Well, this BTC hardfork will be a real deal breaker for many of the investors. There's a wind blowing nowadays which made investors feel very sensitive. Market is already sensitive nowadays and only small blow of negativity can make it fall exponentially. Upcoming Bitcoin HF is that small negative blow.
It's actually really simple. Most of the investors are mediocre category, they won't capable of risking their money so they will withdraw their funds before 1 august for sure. And withdrawing a lot of funds from the market will get it down greatly. People now have only two option. Convert their bitcoin into Ethereum or just convert it into another strong coins like Stratis or Antshares.
Otherwise there's a high chance that market will fall and I am saying this after a lot analysis and reading fundamental of markets. I am a crypto trader myself.
So, I hope everyone would take the right decision. And thanks a lot @elyaque for posting this article

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Thanks for your very interesting response .