Post
Topic
Board Bitcoin Discussion
Re: Why does bitcoin crash occasionally?
by
weblouartisan
on 23/01/2018, 16:23:09 UTC
I think the price reduction of bitcoin is a normal phenomenon, it is a very normal adjustment.
A lot of people saw a lot of falls, and they said they broke, I don't think so, I think of it as a correction, so it's better to go up.

There are different scenarios on where bitcoins value is falling depending on the season. Sometimes there is a hype on the coin and the value is keep on increasing because the supply will also last, there is also an incident last year where ico's are banned in china but still cyrptocurrency manage to increase its value and reach 10k dollar before 2018 starts.