Post
Topic
Board Speculation
Re: Should we wait for a big drop in BTC?
by
South Park
on 10/12/2018, 22:00:38 UTC
hmm 2K? would seem about right for a low..... maybe 1800$


That low. Wow. I don't think so... that would make a lot of people mad

And at the same time a lot of people happy. 

There is always 2 side of the coin.  One getting mad (holder) and the other one is happy (buyer).  Well, at least this event will open a window for another batch of investors.  Many investors had been waiting to buy bitcoin at a discounted price.  And atm there is a huge discount (in reference to ATH).  People say that Bitcoin is so overvalued but I guess they just say it to spread more FUD to Bitcoin.  They wanted holders to drop their belief on Bitcoin great value, instead, they wanted us to think that bitcoin is useless as if it cost nothing but they are accumulating in secret.  It is a mind game, wait and you will see.

It is true that there are always two sides of a story, however holders are not really that mad in fact many of them are taking the opportunity to buy more coins for a discounted price, the ones that are really mad are those that are selling their coins for such a low price, they could obviously avoid that by not selling their coins but they are so scared about their coins going down even further that they prefer to sell now.