Quote from: zikzag on September 12, 2018, 07:40:06 AM

Quote from: Getmon on September 12, 2018, 07:34:19 AM

Exactly a year ago, Bitcoin is only valued at around $4,100. From this fact alone, we can conclude that we have not really went down too low. On the overall, the price is still around $2,000 more today as compared to the same day last year. In fact, in the next three days after reaching $4,100, it even went $1,000 lower, reaching around $3,100.

Therefore, we are still gaining. I don't understand why people are in panic mode when we are definitely higher than the price a year ago.

Probably because no one pays attention to the price a year ago. Many people invested in bitcoin when it cost 10k 15k and 20k dollars. And now they are in shock.

only those who randomly or blindly bought bitcoin are now in shock because that is what randomness always brings you to. otherwise those who made a solid investment in bit coin because they studied it first and saw the real underlying potential are actually happy now because they can buy more bitcoin now that bitcoin is extremely underpriced.