Post
Topic
Board Speculation
Re: Say bye to Triple Digits
by
kumax
on 26/03/2017, 22:48:39 UTC
You're right, possitive publicity is always better.  Smiley  But just remember how quickly we got above 1k.. One year ago, we dreamed even about $800, because we were somewhere around $400 or something.. On September we were on $600 and on New Years Eve we poped our champagne with $1k.. Two months later we reached ath at  $1400, so being around 1k again it is not any big disaster, we still have hundreds of % growth within one single year. I think it's amazing and current  btc price just makes me smile. Wink
Me too, but i fear for the ewbies that stepped in a month ago and they are making lots of losses every day. Also new bitcoin users wont step in now so that means no more adoption. They are choosing ethereum now, you can see it at google trends and in Africoins topic. Cmon even choosing ethereum above bitcoin, then you know that there is something wrong with btc.
Well, if bitcoin survived the fall from $1300 to $200 back in 2014, it will survive this little dip easily. Grin
And that almost all altcoins rise when bitcoin price falls, it is also a very well known scenario, people just move their funds from one coin to another. Recent trend in alts feels very possitive to me, because it means that people doesn't change their bitcoins back to fiat, but that they believe in crypto and leave their money in it. It is a proof that crypto adoption works. Wink