Hello and welcome to this SPinvest post
SPinvest is a tokenized investment fund/club for all users of social blockchains. Everyone is welcome! The concept of SPinvest is to get rich slowly by using time-tested methods of earning, saving and compounding long term. This lets SPinvest offer monthly dividends. We encourage long term investing on and off the blockchain. We hope someday everyone will HODL some SPI tokens that can be bought through the HIVE-engine are dex.steemleo exchanges.

Hello Spinvest Comunity,

Welcome to this week’s BTC guessing game! The latest Bitcoin chart shows a significant downward trend, reflecting the considerable losses BTC has experienced over the past seven days. Starting at around $65K on July 31st, Bitcoin has seen a steady decline, touching lows close to $50K before a slight recovery to $55K by August 6th.

This recent downturn can be attributed to a few key factors. First, there is a notable uncertainty in the broader financial markets, which has inevitably spilled over into the cryptocurrency sector. Investors are cautious, leading to reduced buying pressure and increased volatility.

Moreover, the anticipated selling pressure from MtGox refunds has also played a crucial role. As former MtGox users receive their long-awaited refunds, many have chosen to liquidate their holdings, adding to the overall selling pressure. This influx of BTC into the market has contributed to the downward trend we are witnessing.

Despite the recent losses, the chart shows a slight recovery towards the end of the week. The big question remains: will Bitcoin manage to stabilize and regain its upward momentum, or will the bearish trend continue?

Analyze the chart, consider the current market conditions, and share your predictions in the comments. Your insights could be the key to winning this week's BTC guessing game!

Don't forget to reshare this post to maximize your winning.

What do you think a Bitcoin will cost by the end of Friday?

Comment with your guess directly to this post. The bet that is closest to the truth, will win the weekly price. If your bet is exactly to the point, you will win the Jackpot.

The Prices

The weekly Price

1 Spinvest token for the winner

2 Spinvest token for the winner who reshared (rehived) this post before Friday

As long as we have a bet, we have a winner!

The Jackpot

200 LEO

The Rules.

• provide your tip of the Bitcoin Price in US$ as a comment until Thursday 0:00 CET
• only one tip per account allowed per individual user; multi-account-users shall only comment with one account, multiple comments lead to disqualification
• the tip that is closest to the reference price will win the weekly price
• if there are two tips equally near to the winning value, the one that is given earlier is the winning one
• a tip that is exactly on spot with the full dollar rounded reference price will win the Jackpot
• the reference price will be taken from Coingeko; (see the following reference) and rounded to a full dollar number
• prices are transferred from the @spi-contests account directly to the winning account on the following weekend
• winners are announced in the respective section of the next game post

We had 35 valid bets in our last weekly Bitcoin guessing round and the tipps ranged from 62,600$ to 75,246. @erikklok had the right guess, with $193 below the reference price. The bets in detail:

61,407 reference winning price

62,600 @erikklok winner

63,582 @jenam
63,846 @miriammarga
64,021 @rosauradels
64,447 @pept
64,860 @jorgebgt
65,432 @dewabrata
65,717 @jhonnygo
65,937 @bntcamelo
66,150 @necho41
66,194 @rebe.torres12
66,235 @yova
66,666 @thebighigg
67,959 @amakauz
68,543 @harpreetjanda
68,554 @agreste
68,700 @chrisparis
68,888 @fredkeses
68,912 @jdike
68,995 @olympicdragon
69,069 @olaf.gui
69,458 @monsterbuster
69,460 @caspermoeller89
69,833 @thegoliath
69,951 @hjrrodriguez
70,000 @nwothini335
70,222 @mein-senf-dazu
70,375 @siddhartaz
70,456 @tht
70,505 @vrezyy
70,713 @ferod23
71,000 @servelle
71,100 @repayme4568
72,105 @j2e2xae
75,246 @furstlight

Congratulations to @erikklok, who won this little game for the 2nd time. Unfortunately, @erikklok missed to reshare the post to double the price and got 1 SPinvest token (only).

Good Luck

HALL of FAME

shout out to all the people that ever have participated to this game:
@adedayoolumide @aga8ta@aiovo @ajanaku @akumagai @alovely @amaillo @amr008 @an-man @b0s @bagofincome @barmbo @bashadow @beyondhorizonmm @bitcoinflood @biyaawnur @bloggingaddict @bntcamelo @braaiboy @caspermoeller89 @chacald.dcymt @chrisparis @chuyster @cinygirl @coolkris @coquicoin @crazy-unicorn @crrdlx @cst90 @cute-cactus @dagger212 @daniella619 @danoskie @davedickeyyall @dragoka @danoskie @davedickeyyall @ddn688 @desro @dkid14 @dora381 @dragokazo @dterminedsoul @dwayne16 @ehizgabriel @emeka4 @emma001 @ericburgoyne @erikklok @etiboy56 @eyewaa @fabian98 @failingforwards @faithluck @fatherfaith @fbpowers @femcy-willcy @ferod23 @finguru @firstborn.pob fjworld @fomofinance @fredkese @gameofcrypto36 @geneticmedia @geneeverett @ghua @gigil @grumbkow @hansvonkatte @harpreetjanda @hetty-rowan @hhayweaver @hjrrodriguez @hoosie @hauseofdavid @hykss @iamchuks @idspecial17 @imfarhad @informationvault @irenavarroart @iskafan @ismaelgranados @jeferybgomez @jfang003 @jhonnygo @jnn10 @joemark @jorgebgt @josediccus @kelseyimoh @kevinnag58 @kristin @lettingo @levi-miron @lordemmy @master-lamps @mein-senf-dazu @mercurial9 @merrymay22 @minimining @miriammarga @mlrequena78 @monbijou @mrf83 @muratkbesiroglu @myothuzar @necho41 @nenio @no-advice @notak @officialhisha @olddessauer @olympicdragon @oscarpower55 @owlpalace @plint @preshtrump99 @preparedwombat @pocketrocket @podewils pthker2010 @rebe.torres12 @repayme4568 @revise.leo @riandeuk @rikolo @rosauradels @rossbach @rpren @sagardyola @samuelvoncocceji @sarahdavis @schindmaehre @shitsignals @silesiaglogau @silvertop @sinistry @sodomlv @sondershausen @steemstreems @stevescoins @stevermac1966 @takimn @temibot @tfranzini @thecryptodave @thomashnblum @tippingswisdom11 @tobywalter @tokutaro22 @trangbaby @ugomarcel @vanidike @vikbuddy @waliphoto @williamtboy @whispertamesth1 @yeckingo1 @youngelder @yorra @yova @zastrowe

.
SPinvest's content is contributed by @silverstackeruk, @underground, @no-advice, @metzli, @taskmaster4450

Today's post comes to you from @no-advice

Posted Using InLeo Alpha