Post
Topic
Board Speculation
Re: What's happening to Bitcoin
by
Baofeng
on 08/09/2018, 16:44:19 UTC
What's happening to Bitcoin and any other coins? It's been a week and dumping real hard ever since. Will it ever go up?

And 6 months after the OP has opened this thread, nothing has change a lot, crypto has been struggling bitcoin suffered, but I think alts suffered worst. Just like what we see in ETH, almost touching $200 right now.

It's like several year ago. It can call the "money flow circle", in this unstable time, no one want invest in this time, so there are not money to pump market again. Shark and whale will keep price of BTC in the "slient mode", then pump Alt > pump BTC in end of the year to take profit  Grin

But unlike years ago, there are what you called "smart investors". Several years, you won't see them because all they do is FOMO, specially last year. And those who FOMO have left the market and scratching their heads, because they thought that they can get rich quick here. We can't really say if the market will replicate 2017, again investors are smarter and they wouldn't just throw their money to the market, they will keep waiting until such time that the market is ready for a bull run.