Post
Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
Lorna111
on 20/06/2018, 23:02:09 UTC
Lots of people who have recently gotten into crypto have gotten in to make money. It's just money on their mind, so of course they complain about the price of crypto. Unfortunately, that's what crypto is advertised as now, just a way to get money. News channels don't talk about the fundamentals, just the price. This is what the mass majority of people are exposed to.

Those that believe in a project may not care about the price right now, since they believe it'll go up. Those that just want to make money will complain when the price goes down.

The market movement is influence by a lot of factors/ indicators, the volume of investment put in by the investors, stability, level of confidence  in the market by the investors, the behavior of the investors, the issue on Banned, Scammer, and the issue on Regulation by government financial institution whom they critical on the crypto digital transaction on Bitcoin, this are just few of the indicators that affects the price to drop or even go down. Relax, remember market is Volatile, anything can happened during the trading market.