The coming of the next.

Is it partly pumping the BTC market price?

Fear of missing out?

When I look at the numbers and figures of the current cryptocurrency market I am a bit less cheerfull. Yes, no dancing in the crypto streets for me yet. Okay, first let me stop refering to music titles. Seriously, it is great to see Bitcoin rocket through the next ceiling, but I suspect it has to do with the upcoming forking clone, b2x.

First if the rise of the market price for BTC was mainly due to more capital flowing into cryptos, then the market cap would have gone past 200 billion already. Instead it has even a hard time getting passed 170. With Bitcoin getting a clear market dominance close to 55%. Meaning? Well, as I see it, it is mainly about a capital shift. The market getting ready for yet another forking clone...

Leverage coming.

Now we are with a small group here at Steem who understand those Bitcoin blockchain forking clones are just looting BTC value. And a way to look at it from a positive point of view is to think: free clone cryptos to sell and buy more real ones. That could be BTC, LTC, DASH, DOGE, WAVES, BTS and STEEM, to name but a few. Timing is all it needs, sell the moment b2x gets activated. As it will drop in price shortly after.

MONA is a proving how a positive attitude of a goverment, Japan in this case, towards cryptos can boost their own ones. Some do not understand though that it is cryptos that actually will boost economies. And it is a bit ironic that a bigger block forking clone bcash {BCH} was created in China, the country that got a growing economy partly by cloning products. While they now seem to choke their next economical growth. Except for Taiwan of course.

Bitcoin Core, the one and only.

There is only one Bitcoin, the core one, those forking clones are looters of years of build up BTC value. And it is understandable that a lot are buying more BTC, with yet another forking clone on the horizon. No need to secure ones private Bitcoin Core {BTC} keys anymore. As every wallet will support the next clone too. And as if my magic the b2x will be there for you, just like bcash.

And bgold will come too? Yes, and I even came up with Diamond Bitcoin, so who's next? Now, I think the b2x forking clone will be the last one. Well, the last one that some will take seriously. Not me, I think it's a laugh. Why? Well, SegWit can get rid off the need for big blocks. It is more efficient with the current blocksize, but there is more... For another post.

BTC, next stop 10K.

First, remember to only invest in cryptos what you are willing and able to lose. And your speculation might be as bad or good as mine. Even if I am a bit reserved towards the current BTC pump, as I see it connected to the upcoming forking clone b2x, the only real Bitcoin, core, will burst through 10K in 2018.

Stay crypto calm and have a great one!

HODL your BTC and get B2X 4 3!

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