Post
Topic
Board Economics
Re: Bitcoin price is recovering!
by
FeelingVER
on 15/04/2017, 20:23:45 UTC
i didnt heard that bitcoin had a crash lol maybe i was there when the bitcoin price is almost under $500 hahaha. but im contented on bitcoin status right now so no need to worry about its like yesterday when we're expecting of bitcoin price reach $1000 but now its over $1100 what a nice movement for bitcoin right ? that's what ilove about bitcoin .

You are right, technically it was not a crash but just a slowdown of value but Bitcoin is right now getting stable at the $1180 - $1200 range and it is just fine. For people who first their Bitcoin at the $500 or even at $800 it is already a very good rate right now. We are expecting Bitcoin to get upward once the Bitcoin problems can be given mutually acceptable solutions. Bitcoin remains to be the number one cryptocurrency, there is no question about it.

Just refer to coindesk or any other bitcoin news site for your reference on bitcoin crush. It was really crush below 1000$ if you are sleeping that time. But it just bounce bank again within a day that's it was not noticeable by a typical traders. Only day traders enjoys that event. I'm very sad that i don't have BTC that time because i bought ethereum.
Bitcoin always rise back after bad news they heard., and i think  traders just follow trends if they heard about bad news they are just selling bitcoin just to gain the profit and dont lose opportunity to get benefits of the price increase and buy again once the price is low..

I agree with you. The price of bitcoin always rises after a failure. Just need to be patient and wait. But some do not have the patience and they make a big mistake and sell bitcoins at a low price