Markets take a big hit today...steemCreated with Sketch.

in #bitcoin7 years ago (edited)

Well, that anticipated sell off didn't occur this weekend, but instead occurred today. And what a blood bath it is.

We've got Bitcoin down $200 or 7%, and the rest of the alt coins are following. Most down double digits as we start this Tuesday morning. I made the mistake of buying more at the $2,700 mark thinking it was going to hold, but with news spreading of a definite split in Bitcoin, there is a lot of FUD going around.

How long will it last? Put your thoughts in the comments below!

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Markets will be volatile for the next few months, there will be an increased probability of Bitcoin splitting at multiple points in this time preiod. The troubles in July are just the beginning.

I'll just continue to hold.