Post
Topic
Board Speculation
Re: Is BTC crashing?
by
DoublerHunter
on 21/06/2016, 12:01:59 UTC
http://prntscr.com/bj2b1e
I am starting to worry now

and I thought the price of BTC is suppose to rise not drop due to the halving.


Supply decreases and demand increase= increasing price

Don't worry. I think the price decrease now is only caused by the panic sellers who join in selling their coins because they also saw that the price is going down but they didn't know that it will be affect for the price more. But even though that the price is falling, many users is taking advantage of it especially bitcoin traders because they know that this is the right time to buy bitcoins because the price is getting cheaper than before. So if i were you i will just keep my coins and sit back and relax and let the other users join the panic selling event Grin. I hope you understand what i'm trying to say.