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RE: Bitcoin (BTC) Evening Update: Overnight Target $7,542

in #bitcoin7 years ago

Hopefully this would happen and end the reign of BTC. I've been telling that more people getting into Bitcoin will realize its flaws and get into alt-coins. ETH might be the one to really lead the death of BTC. ETH is huge. It has faced a lot of resistance despite all the great things happening around it. Many ETH based projects also have major developments coming up.

Dash and NEM also have some really great stuff coming. COMSA ICO based on NEM recently raised $86 millions. Correction may actually happen because of all the improvements and botled up interest in other blockchain projects.

Hopefully people will give up blogger and other writing sites and get onto steemit soon enough. That would make us reach new ATH for steemit.

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exactly the way I see it. People won't flee cryptos, they'll sell BTC / B2X and invest in what they see as low priced alternatives and opportunities to reinject their new BTC gains, namely ETH, Ripple, and so on.

That's actually some kind of a "gained some? Get more" mentality that applies. Casino never loses, in spite of this not being due to any sort of randomness at all!