Is Bitcoin about to boom? All systems ready for launch? by mikev

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bitcoin · @mikev · Jul 29 '17 (edited)

$8.25

Is Bitcoin about to boom? All systems ready for launch?

![mm2m.jpg](https://steemitimages.com/DQmQyFkT8vNqPzeLTVQ1mxj1GZvmkD9WVnSzsX32cyDpDaF/mm2m.jpg)


<h1>Everywhere I look online nowadays, I see optimism</h1>

<h2>At least for Bitcoin.</h2>

It seems many traders are exchanging their beloved altcoins, including Ethereum, and buying Bitcoin. For some, this is a surprise.

As a couple weeks ago, we saw a significant crash created by the fear in the market. Bitcoin and ETH hit new lows among recent prices. But things bounced back. John Macafee said some things.

<h3>BTC, has seen much more positive momentum</h3>

![](https://steemitimages.com/DQmcg5fDAQGA675Krz2zbTfh8eC6CA7kc2WnexrXSKKEseq/image.png)

<h3>The opposite for ETH, which continues a downtrend</h3>

![](https://steemitimages.com/DQmNdrofD4UUYYvewNsm8CSnAUuymkHo4gCY9zaKSQnfGan/image.png)

<h2>What's next?</h2>

With only two days before the hardfork-oyplse, people are stocking up on Bitcoin in order to also receive the notorious Bitcoin Cash (BCC ? BCH ? sp?) - with a current futures trading value of $400~ - needless to say, I've got my popcorn ready.

<center>![tenor (1).gif](https://steemitimages.com/DQmWvBdnDoj6xqpRmSK1TeaTYW38VYbz4Lkq4Rt2h1N8845/tenor%20(1).gif)</center>


I think personally, I may hold  onto the Bitcoin Cash I receive, because many sellers of the new currency there are, there will be even more buyers ready.

However, I am optimistic about the future of Altcoins in a bullish Bitcoin world, sometimes, it's best to hold. Other traders may sell now to realize a stronger position in the future. But I believe, there may be a happy medium.

What do you think?

![Untitled-2.gif](https://steemitimages.com/DQmcmjnQoZwM9z2i1YqzXtUjWEWXvbeCda9icPnhY2iGyYw/Untitled-2.gif)

👍 kaylinart, randowhale, minnowbooster, jackhircus, mikev, randowhalebonus, envy112, lovemetouchme2, wekkel, dino85fr, dartigan, thesloth, littlehelper, bola, anaman, glutton4info, darkydoors, codetechninja, corpintelsvs, upgoat, matthieubxl, cipherpol, randowhaletrail, resheep, medicbtom, gamemusic, flaforester1977, davidalexander, idolovosu

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@bola · Jan 28 '24 (edited)

$0.90

👍 bola, mikev

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@mikev · Jul 30 '17

Let's go!!! Grab your spacesuits

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@danieldarko · Jul 30 '17

Only time will tell. I hope BCC crashes and burns.

👍 mikev

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@mikev · Jul 30 '17

$0.20

haha true, it just might.. I want to see one more strong STEEM dip :)

👍 mikev

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@danieldarko · Jul 30 '17

That would be nice. :)

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@glutton4info · Aug 1 '17

Awesome post.  thank you.  Followed and upvoted.  Feel free to follow back.

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@kaylinart · Jul 30 '17

$0.20

This is definitely scary! I can't wait too see what happens.

👍 mikev

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@mikev · Jul 30 '17

Yes it is! It could really swing either way, but I think there's more optimism in the market than expected. I think I'm just going to hold any BTC for the next 48 hours

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@littlehelper · Jul 29 '17

my fingers are crossed! *upvoted* ;)

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@minnowbooster · Jul 29 '17

@minnowbooster upvoted this post!

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*@mikev got you a $1.24 @minnowbooster upgoat, nice! (Image: pixabay.com)*
---
[Want a boost? Click here to read more!](https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta)

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@profit-prophet · Jul 29 '17

When I see lots of optimism building up, it's time to sell.

👍 mikev, profit-prophet

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@mikev · Jul 30 '17

Yeah? It's always tough finding the 'peak' while inside a bullish market

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@randowhale · Jul 29 '17

This post received a 4.0% upvote from @randowhale thanks to @mikev!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!

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@steemking777 · Jul 30 '17

is-bitcoin-about-to-boom-all-systems-ready-for-launch-comment

great post!

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@wekkel · Jul 29 '17

$0.05

Also holding on to Bitcoin Cash. Let's see where it winds up.

👍 mikev

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
mikev	0 B		14,341,447,562	29%

@mikev · Jul 29 '17

$0.19

Nice @wekkel - the question is... Where will total market cap go? :)

👍 mikev

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
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