Post
Topic
Board Speculation
Re: why bitcoin going to down??
by
cryptorTUX
on 08/04/2018, 10:11:36 UTC
Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again? Smiley Smiley Smiley

Don't worry this is temporary, after this you will surely understand the famous quote "The stock market is a device for transferring money from the impatient to the patient.". If you pay attention closley many new people know about bitcoin and other cryptocurrency and many new projects with huge innovations are happening into this space. Well known bussinesses are looking to open their own exchanges such as Yahoo in Japan (https://thebitcoinnews.com/yahoo-japan-joins-the-bitcoin-bandwagon-set-to-launch-cryptocurrency-exchange/) and many many others. You think this is because they don't see huge opportunity within this space? Well they are not stupid and they see huge potential for this thing. It may take time for price to go up, let it be at the end of the day, within few years you will have big smile on your face. Trust me and other people and see whats happening around and draw your own conclusion.

It's just down because more people are selling than buying.