Post
Topic
Board Bitcoin Discussion
Re: Peak get lower and lower, and dips get worse
by
SistaFista
on 10/10/2018, 04:09:22 UTC
Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

Looks like your prediction was off, now the bitcoin value has gone stable in $6300+.
You cannot compare btc price on only 1 year. If you see the bitcoin value from the past years, the peak always gone higher than the past year.