Post
Topic
Board Speculation
Re: Why are people freaking out?
by
timerland
on 22/12/2017, 06:06:40 UTC
Normal correction, much needed after this fast growth.

C'mon guys, you must be new!

Exactly, i'm not sure why people aren't so worried about the dumps before bitcoin even hit $10k that wre way faster in terms of speed than this, but rather just absolutely freaking out over this one. I mean we haven't even lost that much value compared to the start of last week.

A pump happened, we came close to breaking $20k, now people are panic selling.

It's really as simple as that, and when we see just a day of green people will buy in again. It's all market psychology and honestly is nothing new. Even if we don't set an all time high once again next year, which i think we will(easily), price will still go up to around $17k from this point, at the very least.