Post
Topic
Board Bitcoin Discussion
Re: Current cryptocurrency market situation
by
Ava Duvall
on 18/09/2018, 05:43:06 UTC
What is your opinion on the current market situation?  2018 has not been our year. It's been quite rough for cryptocurrency prices, with the most recent slump being from June 10, the market continues to fluctuate and change. But things seem to be looking up and bitcoin has reached its peak this summer, topping $8,000.

https://cointelegraph.com/news/what-is-going-on-with-the-crypto-markets-experts-share-opinions
I still remember the time of last December month when the valuation of crypto and specifically the bitcoin was sky high and every one was about to sell their coin as the valuation was that much high that at that valuation everyone is getting a very good profit but due to the massive selling of the bitcoin, the valuation get deflated and people started thinking that the market has not been crashed but it’s just the simple game of market demand and supply and the same happens with bitcoin, not the valuation is very low due to less buying of bitcoin but still people are buying it and when it gets its sufficient investors, the valuation will again get inflated.
Last december was a great time for bitcoin, but you are right, some people just don't understand this