Bitcoin world post November 16th 2017: The Dilemma

in #bitcoin7 years ago

Rolling a few months back in time

Stage 1: you are oblivious to what a bitcoin is and thinks of it as yeah some form of digital money

Stage 2: Your friend buys some bitcoin.He doesnt tell you straight away...

Stage 3: Well.. your friend is talking a lanuage you dont understand. the guy who used to play footsie with you talks         bitcoin,ethereum, forks plates and gold

Stage 4: Yup !!!! Bitcoin is all over the news. Yes it is the next gold, billionaires made overnight...

Stage 5: You buy a little fraction of bitcoin with all the money you got ..FOMO??!!..

Stage 6 : You are happy that the price is through the roof and your wallet is getting heavier..

Now: Hard fork???? what could happen after it ..how much more would i make ? or would i lose it all....afetrall wall street foxes even term it as a bubble.....

SHOULD i sell it all???

OR

SHOULD i wait and get equal amount of B2X??

The largest crypto exchange Coinbase has revealed that it has added 1/10 th of a million number of accounts within 24 hours..

Are all these people aware of the ways to trade BTC?? No .. just like many of us they are also trying to make a quick buck out of the Bitcoin rollercoaster.

well we all know that the price increases when the demand increases ....

BUT

What if this all is an artificially created demand..

Every single one of us hoping to hold on to bitcoin post the fork.. Dreams of getting an equal amount of B2X in our wallets ..

And yeah at the time of typing out this blog , the price of a single bitcoin is around 7000. and if the price remains the same on nov 16 th, assuming you are owning one bitcoin, you would be getting one B2X also in your account 

This fork would mean the end to the old bitcoin chain as the new one is far superior in all terms. it  would take only a few months for either of the chain to fall to a negligibile value. and you would be essentially paying    $ 7000 in full for a coin whose value would correct itself post the fork and would trade maybe about 4500 -500 range.

And the funnier aspect is Bitcoin cash is rising in value too.. riding on the large number of new traders investing a bit in everything that holds the name of bitcoin.

considering everything , still we cant make predictions as bitcoin has never followed any predictions..

All we can assume is that there is some conspiracy driving this price up.. and yes there would be massive gainers and losers post this fork.. MAke a good decision . Do your research . Do not let your money go down the drain.Be informed..!!!


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