BITCOIN IS ON SALE! DOWN 7.9% @ $2,542.60
Don't be fooled by ViaBtc's bitcoin cash (bcc), its nothing more than an attempt to scare the uninformed out of their Bitcoin and allow savvy traders to scoop up cheap coins right before segwit activates.
In two weeks time bitcoin should be ready to blow past the psychological resistance level of $3,000.
There is big money, deep pockets, waiting in the wings for bitcoin to overcome this last set of hurdles which includes (segwit lock-in Aug 11th), (segwit activation Aug. 25th) and the block size increase due to take affect in Nov.
Don't be surprised if bitcoin isn't already trading above $4,000 the day the block size is increased to
2 mb because the big money wont be.
Bitcoin is on the verge of mass adoption, not as a currency, but as an investment vehicle, a store of wealth, and a safe haven.
What we are witness to is the dethroning of Gold as the traditional hedge against everything and anything that could go wrong. Bitcoin has proven time and again to a a better store of wealth a better safe haven and a better hedge against the unknown.
Gold investors are becoming disillusioned after 7 years of of sideways movement. What's making matters worst for the gold bugs is that they have to listen to their kids telling them year after year how much money they're making.
2017 will go down as the year that Bitcoin became an essential part of every investment portfolio.
Don't miss out on this sale, it may very well be the last time bitcoin trades below $3,000.