Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 25/01/2018, 02:17:40 UTC
the past month has been a bit frustrating for HODLers and those of us who have been contemplating decent likelihoods of further upwards BTC price movements

What eldritch horrors await those who put their faith in imaginary, paper assets in the end.


Yes... Roachster.  Famous for reading out of context.

If you had not noticed, bitcoin remains in a very volatile market in part because it is a seminal product in a paradigm shifting asset class, and further the market seems to be very immature - thus more easy to manipulate prices up or down. 

We can also consider the price correction from $19,666 to $9,222 to be within normal boundaries of a product such as bitcoin, even while it can be quite painful, stressful and uncertain to ride out the UP and DOWN waves.