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RE: Market Wrap: Bitcoin, Ether and Steem all down, easy Bitcoin for Austrians and chaos on the M7

in #cryptocurrency9 years ago

I think the next two weeks are going to be very interesting. The whole bitcoin potential hardfork is on the horizon and, depending on what the miners do, it could either go through the roof or the floor. Either way, given its market share and influence, I think it's going to pull everything else along with it.

I don't think the market really knows what to do at the moment, which probably means rumours are going to play a big part. Perhaps pick up some coins at decent prices, but I'll have some stop loss orders in place. If the worst happens and Bitcoin forks this could get real bumpy, real fast.

Coin Marketplace

STEEM 0.06
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BTC 66310.36
ETH 1977.56
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