Bitcoin is now pulling everything up instead of down
bitcoin·@felander·
0.000 HBDBitcoin is now pulling everything up instead of down
<html> <p>looking at the charts and the <strong>top 25 of the coins</strong> on coinmarketcap we can see that in the last hours a lot of the altcoins have<strong> reversed their downward trend</strong> after the huge pullback into BTC yesterday </p> <p>we can also see a slow upward trend in our most <strong>favourite coin STEEM </strong>(my proof can be seen in my wallet and in this <a href="https://steemit.com/money/@felander/steem-a-good-investment-one-way-or-another">post I wrote yesterday)</a></p> <p>https://i.imgur.com/jOFMaS1.jpg <em>(this is the 5 minute chart around noon showing things going in the right direction and they seem to be keeping up this trend)</em> <p><br></p> So does that mean there is a change in the trend and that we are getting outside money in the system instead of altcoins flowing to bitcoin</p> <p><br></p> https://i.imgur.com/00gxnd3.jpg <p><br></p> <p>I really hope so because for the moment I have bet on the altcoins providing me with a better return by buying the dip and not on the hope of free Bitcoin gold being worth more then I could get by just doing nothing.<br> It might be more a mentality thing but I personally prefer a school of dolphins to one whale <em> (more diversity and decentralisation).</em><br> We are still in the infancy of crypto and 90% of it climbs and falls with Bitcoin and its value, thats like betting everything on one horse.<br> Another reason for me is the fact that to get mass adoption we need the broader public to understand bitcoin and the blockchain (atleast a little) and all the forks are not making this easier</p> <p>Which camp are you all in</p> <h1>Voting for Bitcoin and the Bitcoin Gold</h1> <h1>OR</h1> <h1>Banking on Altcoins</h1> <p><br></p> <p>please share your opinions reasons why you think your way of thinking would be best?</p> </html>
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