Post
Topic
Board Speculation
Re: Bitcoin drops sharply by about 300$ today!
by
Tapyaks72
on 11/09/2018, 05:02:35 UTC
So, I thought the bitcoin's volatility attribute was being checked by the SEC and other world financial bodies, if so, why the sharp price fall that just happened in about an hour ago?

To be honest this 300$ decrease in price looking at the time perspective is not small, but watching the price of Bitcoin fluctuate lately it is really nothing bad, just wait a little longer and you will see how the price will recover.

But the problem is how long we will gonna wait for the market to recover? That i think we have already waited long enough since January of this year and the worst scenario is there is no bullish market but only real demand in which $10,000 is already impossible for this year.
It isn't just the law of supply and demand but  also the world economy will also matters, there are lots countries suffered inflation in their country, investors is very hesitant to invest because of the economic situation everything is affected by inflation bitcoin as well.