Post
Topic
Board Economics
Bitcoin is still up over 50% over the last month so why the panic?
by
Emoclaw
on 22/12/2017, 16:21:04 UTC
Bitcoin's price is still up ~50% from the 20th of November and yet everyone is panicking, why?
Here's the chart:

This clearly shows that Bitcoin was about $8.2K 30 days ago. Current price is still 13K.
From now on even if the price drops to a whopping 10% of the current price, a 90% drop that is, it would still be higher than the price at the beginning of the year.