Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin is going down?
by
streetlight
on 22/12/2017, 14:40:07 UTC
Why bitcoin start going down and down will it goes below 10000$?

I think its because today is end of the year going to christmas season and new year i think that was the reason why bitcoin was dump but after this bitcoin will go back to normal again.

I thought it would keep going up until after Christmas and then it would drop because people who received it as a gift on Christmas would sell it.

Although with the current fees situation that we have, it is unlikely that anyone will be able to sell their Bitcoin anyways. Think about how high the fees are and people will need to send Bitcoin 2 times to sell them which means most of your BTC will get eaten by fees alone...

It is sad, but the reality of Bitcoin at the moment.