Post
Topic
Board Speculation
Re: Another Bubble popped?
by
Hizzmoot
on 07/03/2018, 21:11:20 UTC
We never know as long we have great Wall, I'm sure the price will not falling deep. In my opinion the price fall because all holder want taking a profit.
Still it is hard to predict the real growth, because very few predictions get close to the real growth while the rest moves far away from the reality. The growth of bitcoin has got affected by the bad news, and if the users around the globe tend to cash out on panic automatically there will be price drops and the same will continue for more time period.

Exactly. It comes to the point where on one side you want to keep money in btc, on the other side, if panic starts, many of us will follow that and sell "savings" in btc just to avoid bigger loss.

E. regarding the drop, I would also avoid calling drop from 11k to 9,5k this way.