Post
Topic
Board Speculation
Re: The real problem of bitcoin price decline
by
Holylambo
on 09/06/2018, 12:11:28 UTC
The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .
Your idea is partly right, but I think that the main reason is fear of missing opportunities (FOMO). Fluctuations will always appear on the market, and most of traders want to catch it.