Post
Topic
Board Economics
Re: Why all people moan about the price of bitcoin?
by
Kimchu kuno
on 29/07/2018, 06:46:59 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 reason they are moaning prices are not stable when price is higher no violent reaction if it is in downturn many negative thoughts.