Re: Is fall of bitcoin from 16k$ good for bitcoin and alt-crypto?
Within a year and half, bitcoin value soared from ~$1000 to the staggering $16000 dollars. Everywhere around the world, bitcoin became the buzzword. After touching 16000 USD value, bitcoin value faltered considerably. Today the value stands somewhere around 8500 USD to the 9000 USD range. Many new-investors from many countries have almost lost their investment after this.
What do you think whether this fall in value of bitcoin is good for it or not?
What do you think whether this fall in value of bitcoin is good for it or not?
it's somewhat good and bad at the same time
good, because it gives opportunity to late comers to join the bitcoin wagon
bad, because it leaves a bad taste for new comers who jumped in and bought when it was $16k+
