Post
Topic
Board Speculation
Re: Is BTC crashing?
by
angaper
on 07/07/2016, 22:35:13 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

Unfortunately the altcoins market does not seem to follow this logical market law, my friend.  There are many other factors behind the erratic behavior of the bitcoin price; markets are always difficult to predict but altoins are even much more difficult to foresee because of the absolute speculation behind their values and the lack of objective parameters to determine their real value, so it is highly likely to see a future  crash in most of them.