Ninjastic
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Post
Topic
Board Speculation
Re: Bitcoin (BTC) down $200
by
South Park
on 27/09/2018, 22:24:21 UTC
Quote from: decentralvirtue on September 18, 2018, 09:36:44 AM
Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price
The first part of your post is something that bothers me from the attitude of investors, if the direction of the price of bitcoin is not what investors will like that is not the problem of bitcoin that is the problem of the investors, unless they are whales that can move the market as they see fit they are the ones that need to adapt to this market and not the other way around.