RE: Will History Repeat Itself with the Bitcoin Gold Hard Fork? 200 SBD CONTEST GIVEAWAY
@tytran this is an extreemly creative and quality post. It will make people think and create their scenario in mind. I will definitely resteem this now.
Bitcoin will continue climbing until the fork is done, in this way people will own more and get more free money.
Several trash coins are getting dumped and all that money is flowing to bitcoin. All the news on traditional media bring new adopters to crypto and they buy bitcoin. This will make Bitcoin to reach 7,200 during the fork. Bitcoin gold will be $1,500 during the fork but no trading will be available until it reaches $850. That is when it will climb to $1,000 and then dilute to $475.
STEEM wil not be affected by this, but it will be waiting until the forks are finished, to start climbing. Many persons will exchange their fork gains to STEEM.
Hope this gets close to what it will happen.
Regards, @gold84
I have been watching Steem price several times a day and I notice that the whales are keeping it above $1. I have seen it dip to the 95-99 cent range but it has always recovered to the low 1 dollar range. It is currently $1.02 at the time of this post. If it has strong support now when all the other alts are still going down (NEO is down to under $27 now). It will be interesting to see how much Steem will go up to after the fork. Going back the last week, I see a lot of trading opportunities in the BTC/STEEM pair. One can get "earned" Steem by trading it and keeping the profit in Steem. This is something that I might experiment doing, time permitting.
Thanks for the resteem!
@tytran thanks for this quality suggestions. I am getting answers from you without even asking. The trading pairs between STEEM and Bitcoin will be a great thing to follow this comming days. Also, what do you thin about XRP, will it climb tomorrow when the swell evolves, or what is your position? Thanks for all your support and great advice.
Regards, @gold84