Post
Topic
Board Economics
Re: Almost All Cyrpto Currencies Are Down At The Moment
by
hacker1001101001
on 30/11/2017, 19:36:18 UTC
BTC dropped. BCH dropped, ETH dropped. Here is my theory on this guys.

There is a few individuals on the live exchanges at the moment who are profit chasing by 20 dollars. For example. Loads of people will buy up to $10,000, soon as it hits $10,000 or a specific set number. You will see a massive number of sell rather than buy, but some will be still buying. Is it the new hedge fund guys getting in on it?
BTC is a very big currency and i think no one can control its flow or value. But for now it is very important to trust in it as it can surealy make you a Rich person. People who have invested in it have always got profit and will get even if the price is a bit down it has capacity of recovering its value. And about other alts we cannot trust in them thay can fall any time.