Post
Topic
Board Economics
Re: Is fall of bitcoin from 16k$ good for bitcoin and alt-crypto?
by
wantjokull
on 19/03/2018, 15:52:53 UTC
Bitcoin has still more potential to be explored. Whatever happened with bitcoin will make it stronger.

What do you think whether this fall in value of bitcoin is good for it or not? 

Sometimes our confidence can turn into sand and soil of dessert. I mean not all the things can make bitcoin stronger and we cant expect every time that bitcoin will be a good pump in the future. On top of this we can not trust crypto lovers every time as they could become fearsome at specific point and may start mass selling of the bitcoin for their own good or to save their life long investment into bitcoin. What if this scenario got aggravated due to situations like global bans on the bitcoin and other crypto currencies. The value is falling down is good thing, but its not the best thing all the time.