Post
Topic
Board Economics
Re: Bitcoin price "drop"
by
stayeduptolate
on 16/07/2018, 10:07:52 UTC
I feel like it's my obligation to share my 2 cents on current "steep" drop of bitcoin price. I find it absolutely unbelievable when people say how low the price of btc is, speaking of the price at $10k or $11k. Those who have been in this industry long enough to remember the price of btc to be $5 are just shrugging their shoulders short of words.

What I'm trying to say is that those new community members so called "hypers" should stop spreading fud when price goes down and same goes with price growing. Actually growing price of btc is kind of problem as it's starting to miss its original purpose of cheap quick transactions. We need people focusing on real value of this ecosystem rather than moon kids...

Thanks for hearing me, couldn't help myself
Bitcoin is very sustainable and volatile crypto currency and and bitcoin being volatile in nature its valuation keeps on flactuating with time and moreover bitcoin is like all investment and this is very common in every investment there there is always pump and dump so there is nothing to worry about if the valuation of bitcoin drops because bitcoin is so volatile and there is nothing to be panic if it’s vs drops and this is for sure that its valuation will again inflate in coming months of this year.