One step forward one step back by cicbar

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bitcoin · @cicbar · Jul 10 '18

$14.54

One step forward one step back

![575D6204-813D-4EC6-9DC0-FF9B036FDB6B.jpeg](https://cdn.steemitimages.com/DQmcdkb8BUh3dyyMjAsUwtZk2ZjSVgHiuYTw6RmQxnSz9d3/575D6204-813D-4EC6-9DC0-FF9B036FDB6B.jpeg)

Crypto market is very boring these days. After reversal from its peak, last month Bitcoin price is just like title says, one step forward,one step back. Bitcoin is motor of Crypto market so if Bitcoin price is going nowhere, then all Cryptos are following.

We had small rise last days but after Bancor hack, we are dawn again. Any negativity is causing drop and all good new are without any influence.

I am a guy that doesn’t like charts, especially at Crypto trading but I am going to show you how robotic look we have at Bitcoin chart last month.

![F95E6BC2-EBB8-40E3-A434-88C3227C839B.jpeg](https://cdn.steemitimages.com/DQmReqvzUcRFF4NA5s4x8KwCp6cA5Hf5wxrteuhvB8vZeMY/F95E6BC2-EBB8-40E3-A434-88C3227C839B.jpeg)

We are inside the channel between 6000 USD and 7000 USD and while bottom is holding, it looks like we will never brake 7000 USD. I am really not dissatisfied with Bitcoin price. Price is OK but I don’t like price action being sideways.

On one side, many old school investors were complaining that Bitcoin is too volatile for investment and maybe they will jump in but on the other side, I hate that latest Bitcoin development is not rewarded.

LN capacity is 70% higher this month, fees are low, many new projects are building on top of Bitcoin and worldwide acceptance is improving. All that obviously doesn’t matter at moment .

We need something to provoke brake trough, I thought that would be EOS but currently it has its own problems to deal with. Maybe later this year when problems fade EOS would be that spark,maybe LN development will be trigger, we will see but until then we have to be patient and use this situation to accumulate Cryptos that we like.

Regards,

👍 tipu, cicbar, hugo4u, sbi2, steembasicincome, sbi3, sbi5, sbi6, lighteye, sbi4, sbi7, investorsclub, allangraves, mindtrap, sbi8, fullcoverbetting, sames, lionsuit, magnat, colinbrazendale, topcoach, vmzf1987, anttn, coincussion, aleqssteemiter, cryptkeeper17, anthrovegan, gorangoran, positivesynergy, percygeorge, acesontop, hottopic, crypto-econom1st, nice.steemit.you, mrswhale, harktheshark, v3r, odl, pinkwonder, haseez, marius1235, spartageo, timgodsent, adamz, irina7, owinvestments, crypto10-4, saryus, rishi-sayz, ubg, jvhteach, terminallyill, luli1, anomaly, memobi, fityan, eolandananni, bitcoinfast, paulaharvey, marthagomez, sebastiangrant91, eleanorastro, christopheres77, byronberry85, and 313 others

`author`	cicbar
`permlink`	one-step-forward-one-step-back
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properties (23)vote details (377)

voter	rshares	pct
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anomaly	238,581,526	1%
lighteye	64,538,408,370	100%
fityan	191,147,430	100%
v3r	819,946,655	100%
sames	18,187,906,440	100%
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adamz	602,474,451	100%
positivesynergy	3,057,285,350	100%
cicbar	481,574,977,029	100%
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boklassen	164,547,483	30%
nejdat	164,547,483	30%
foodstall	163,086,001	30%
artdirector	164,912,567	30%
art-is	164,912,567	30%
ecocoin	158,007,589	30%
xplay	55,815,660	30%
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cryptkeeper17	3,136,230,804	10%
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zkan	137,143,132	30%
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haseez	625,168,612	100%
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bryarose23	122,103,018	10%
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simay	164,797,490	30%
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marthagomez	165,035,706	30%
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jeffrhodes2000	165,034,880	30%
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budajored	164,364,147	30%
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osmanboz	164,870,349	30%
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scotchells	164,627,235	30%
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easingtoneg	164,626,304	30%
luptoneg	164,626,304	30%
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lydelandet	164,626,304	30%
goldmirerr	164,626,304	30%
venfordef	164,624,465	30%
houxtyer	164,626,304	30%
birkiner	164,626,304	30%
peaseyo	164,625,383	30%
hammondo	164,626,304	30%
heachamo	164,626,304	30%
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cardinhamo	164,626,304	30%
amkol	164,626,304	30%
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follye	164,626,304	30%
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bowg	164,626,304	30%
savickg	164,625,383	30%
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pilleri	164,625,383	30%
brislingtone	164,626,304	30%
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arklee	164,626,304	30%
chyandourere	164,626,304	30%
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jubileerr	164,626,304	30%
dowlessr	164,626,304	30%
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crippsu	164,626,304	30%
cowfoldu	164,626,304	30%
yewdaleu	164,624,465	30%
todde	164,624,465	30%
kingstone	164,626,304	30%
abbeye	164,626,304	30%
avone	164,626,304	30%
pulworthye	164,625,383	30%
billinghame	164,626,304	30%
fiveheade	164,626,304	30%
earbye	164,626,304	30%
cheatones	164,626,304	30%
sleightholmes	164,625,383	30%
hollocombes	164,626,304	30%
eyesi	164,626,304	30%
barneysi	164,626,304	30%
lamornas	164,626,304	30%
bottomses	164,626,304	30%
langdens	164,626,304	30%
barbones	164,626,304	30%
muddilakes	164,626,304	30%
hoaroaks	164,626,304	30%
meecese	164,626,304	30%
maglina	164,626,304	30%
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keasdenx	164,625,383	30%
erringag	164,625,383	30%
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bearleya	164,614,186	30%
flaghamas	164,614,186	30%
kingsesra	164,614,186	30%
hindwellag	164,614,186	30%
balaseer	164,614,186	30%
scopeg	164,614,186	30%
washforde	164,605,894	30%
buttera	164,597,201	30%
gasbagphenol	164,453,156	30%
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@acesontop · Jul 10 '18

$0.47

I think that the environment has to be regulated so the real institutional money enter the markets. Plus it also needs some time for the market to settle before starting a new uptrend. I wish it would do that today, but I think we are going to have some good months before we will see the next real bull run. As you commented earlier on my post I am stretching my nerves and building up my patience.  I have faith in cryptos, but I have to say that I bought at the wrong time and learned how things work on my own costs. It's probably better this way.

👍 cicbar

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
cicbar	0 B		236,409,534,178	50%

@cicbar · Jul 10 '18

I hope that you don't need that money invested in Cryptos and that you can wait enough until investment becomes profitable...

properties (22)

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@acesontop · Jul 10 '18

I hope that to :)

properties (22)

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@fullcoverbetting · Jul 11 '18

It indeed is boring! But there was some exciting news about Kucoin yesterday! Did you read it? There are changing their bonus program! In stead of dust they will pay out the KCS holders in KCS!

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@cicbar · Jul 11 '18

$0.04

I have read it and I like that 😀 if they change policy of decreasing fee, I will be buyer. I am buying now FCoin. Maybe is scam but I like idea so I am buying small amounts.

👍 fullcoverbetting

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@harktheshark · Jul 12 '18

$0.35

All it needs, is fresh money, getting rid of the fucking bad ICOs, a real use case and trust.
I always think about one thing, the real value of bitcoin, which according to other people is zero.

👍 cicbar

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@cicbar · Jul 12 '18

Real value of Bitcoin will never be zero until someone uses it. I am Bitcoin believer and I believe that with all ongoing fiat money depreciation BTC will be worth much more...

👍 harktheshark

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@harktheshark · Jul 13 '18

$0.11

I'm a Blockchain believer; really love the idea of BTC, but don't see BTC alone as an alternative to fiat money. And yes, you're right on the value, it will never be zero. It is a concept, which worked out and did approve itself in many ways already.

👍 cicbar

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1 reply

@haseez · Jul 11 '18

$0.20

Cant agree more, Plus steemit is getting boring now :(

👍 cicbar, haseez

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@cicbar · Jul 11 '18

Can't agree on Steemit 😃

👍 haseez

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@kpreddy · Jul 11 '18 (edited)

$0.15

@haseez is feeling may be due to some useless bots and whales.

@tarazkp made a post how a guy bought bots and whales on his #introduceyourself  shitty post and made 700$.
you can have a look at the post here:
https://steemit.com/steem/@tarazkp/housekeeping-internet-gurus-bidbots-and-fortunes-lost

👍 cicbar, haseez

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6 replies

@rose98734 · Jul 11 '18

$0.51

I think the problem is that there is no new money coming into crypto, as the mainstream press has lost interest in it (plus those who bought in December are nursing losses and won't come back).

👍 cicbar, rose98734, candy49, teatree, alyssas, alyssasanders, aenor

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@cicbar · Jul 11 '18

Maybe it's true. I can't find data income outcome fiat crypto but for sure that we need new money flowing into crypto for run.

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@thompson2 · Jul 11 '18

deflation have caused many harm to crytpocurrencies. 
#you are right with this conclusion ONE STEP FORWARD, ONE STEP back 

#but with time the price is going to be stabilised with great improvement 
#i still believe in cryptocurrencies

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@thompson2 · Jul 11 '18

$0.53

Secondly, we need to keep creating awareness for cryptocurrency so has to attain it global adoption... With these people will invest more in it
#i think this is also a welcome idea @cicbar
#thanks for sharing this educative post 
#you made my day

👍 cicbar, thompson2

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@cicbar · Jul 11 '18

You welcome 😀

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@topcoach · Jul 12 '18 (edited)

$0.26

All we can all do for now is keep hoping and maybe praying too. 

I am afraid we are at a CROSS-ROAD.

👍 cicbar, topcoach

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@cicbar · Jul 12 '18

I am ok even if we drop more. I will buy more in that case. I just hate being sideways...

👍 topcoach

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