Post
Topic
Board Speculation (Altcoins)
Re: Why Crypto go down ?
by
yudayaurelia
on 04/09/2018, 05:26:36 UTC
It turns out that not only Bitcoin is free, almost all Cryptocurrency has decreased significantly.

Both Ethereum, Ripple, Litecoin, and various types of Cryptocurrency experienced a pretty good decline.

Various parties have analyzed that the Cryptocurrency phenomenon triggered by Bitcoin is just a momentary phenomenon, or the cool word is the Bubble phenomenon.

Why is it said to be the Bubble phenomenon? Because like soap bubbles, it can break and break at any time.

Some even equate this Cryptocurrency phenomenon like the phenomenon of Tulip flowers in the Netherlands hundreds of years ago. The Tulip flower phenomenon shocked Europe to raise the price of Tulip flowers up to the maximum price. Until the bubble finally broke and Tulip prices returned to their original state, leaving many people who lost money.

However, there are other experts who say that the phenomenon of Cryptocurrency is like the Gold or Gold Rush phenomenon in America in the 1800s. Where people compete to dig for gold until the value of gold rises sharply. But unlike Tulip, gold is still used today as the basis for the exchange rate of money, so its value rarely falls.

This decline in cryptocurrency caused panic, until it was said that users of suicide consulting services increased in the United States. Many people who are afraid of the Tulip Fever phenomenon will recur.