Post
Topic
Board Speculation
Re: Are you sure that bitcoin will fall?
by
hawkins
on 28/09/2018, 07:51:03 UTC
Bitcoin will fall. But I'm sure of two things: Bitcoin will fall, and it will rise. This is just the bitcoin way.

Why do the number of addresses fall every now and then? I would assume the graph should have gone up all the time, no? When people lose interest in bitcoin, I would have thought that they would just uninstall their wallet apps or something. Are they deactivating their addresses as well?

They fall because some months there's more users signing up than others. Whenever bitcoin gets a huge amount of media attention there will be masses more new users jumping on board the bitcoin train to the moon. Addresses cannot be deactivated, but they can stop being used, but this is just a graph of the number of new bitcoin addresses being generated. I expect it to keep rising for the next few months but excitement will die down eventually and they will then fall again.

I also believe that even bitcoin today is falling in terms of it's value yet it is the best thing to put in mind that it will rise again. In the past years bitcoin also fall down like a meteorite yet it rises again like a rocket on the end of the year nearly reaching million. And I believe that it is not the last yet only beginning.
maybe, but not for now. well, maybe the bitcoin movement will begin to rise now. Well, we can see that there is enough good news to invest in bitcoin until a few weeks later. does not rule out the possibility of bitcoin prices going down, but I believe more in the potential increase.