Ninjastic
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Board Speculation
Re: Bitcoin is recovering
by
GoodLuck2
on 16/03/2018, 08:48:06 UTC
Quote from: marjil on March 15, 2018, 11:26:58 AM
Quote from: Siren on March 15, 2018, 06:48:16 AM
Quote from: zikabra on February 08, 2018, 01:58:32 PM
It seems panic sell is over and bitcoin is recovering.
I just want to say thanks for allowing me and others to buy bitcoin at cheaper price.
Again   Cheesy

Let this remind you to not blindly follow fake news and fud. Be strong and cool in head.
and now dropping again,?lets be real,that bitcoin is continuously getting low.its been how many months when bitcoins start to fail in many things,and now the effect is what the market dictates,i cant tell until when this will be,but i know rcovery is on the next.continue support this big coin.because altcoins continues tto follow bitcoin in dropping

Bitcoin is recovering due to market forces. The price of bitcoin is always the market price where sellers and buyers meet. As you can see the price shot up very quickly but now it's down again. Some people are expecting a new ATH soon but others are saying it will hit a new low. So the recovery all depends on whether you are in it as a buyer or a seller and whether you are long term or quick profit.
As far as the factors that affect the changes in the value of bitcoin are concerned, I think there are many. Digital market depends upon a lot of things. The most important role is played by the big investors for sure. When they sell out or invest, the price decreases and increases respectively. Above all, the fact about bitcoin and other digital coins is that these fluctuate with time and bitcoin is the most volatile one.