We saw an increase around 10%. It has been a while now that’s the price of bitcoin stays rather stable.
We have seen in the past that’s when the price of bitcoin stabilizes there is afterwords an upward trend. I see this happening now again.
The difference between now and the past is that the altcoins are getting more volume and growing next to bitcoin. That is something we haven’t seen yet. 2018 might be the year of the altcoins. Although I still believe in bitcoin and the ability of becoming the next coin we will use world wide, I strongly believe that other coins will gain big steps forward’s this year.
The difficult part now is to choose if you keep holding on to your altcoins or do you switch them to bitcoin and take a joyride all the way up to $28,000?
What do you think my dear Steemians? Please upvote and comment.
Good write up, as time come bitcoin will be the major focus to many people.
Yes, I couldn’t agree with you more. Bitcoin is now nine years olds. It is also the coin that is known the best. When you ask around at friends or neighbors and ask them about alternative coins like Litecoin, Ethereum, dash, ripple, ... They don’t know what you are talking about. They will always go for the thing they know or think they know. People always need some kind of connection. And because of the media attention, they have been hearing about it for a while now.
The big money has to come in, and that will happen when bitcoin keeps on going up in price. People then will believe that they might be too late if they don’t get in right now.