Post
Topic
Board Speculation
Re: Why does the Bitcoin price keeps nose diving?
by
ProperFerret
on 03/12/2018, 21:05:54 UTC
Thank god at least it stopped going any further down. It was looking really ugly for a while there and when it dropped initially to $5.6k I was glad it stopped but than it dropped even further to $4.8k and I was getting scared and than it dropped to under 4 thousand and I was feeling like we were going downwards to 1 thousand dollars per bitcoin prices.

I am really relieved right now that it looks like it stopped, I hope it doesn't happen again, at least not until we get up a bit more. This is really looking like something huge and we were really not doing well for a while there. It doesn't seem to be nose diving anymore but we are still not clear out of the water yet, we need to make sure we get a bull run (even a small one) before we get another drop in the price.

I still don't think it is a good sign because it's being controlled. Don't you think that it's time to use more decentralized exchange platforms?