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RE: Bitcoin Pulls Back After Hitting $5000 USD - Why This Is A GOOD Thing!

in #bitcoin7 years ago

I think a pullback like the one we're seeing is quite beneficial for the market. I think there has been a lot of hype around coins such as Bitcoin and Litecoin, with the recent fork, and we're still in that shroud of uncertainty until we have the 2nd Bitcoin fork, as well as the ETH fork this september with the Metropolis update. Hopefully the ETH fork will be successful and a good marketing move, and we'll start seeing the recent ICO's on Ethereum platform start performing and receiving the attention they deserve. Also, this will boost the confidence of Ethereum-like blockchains such as Ark (which I think it's too early to take into consideration right now, it needs to mature) and NEO which has already matured and needs to get out there. Also, looking forward to see what EOS has to bring to the table.

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