Post
Topic
Board Economics
Re: Bitcoin need a miracle
by
iMark
on 15/12/2018, 10:08:28 UTC
This thread is a joke, bitcoin does not need a miracle.  It has dropped like this many times in the past so this is nothing new.  Panic sellers will be the ones crying in a year or so when bitcoin reaches a new all time high.  Next reduction in block reward is coming pretty soon as well so the inflation rate will drop a lot which will increase demand.
Yes, I agree with you, Bitcoin doesn't need a miracle at all, because Bitcoin has experienced a price fall of hundreds of times, so Bitcoin is a very worthy Coin to invest in it, because Bitcoin goes up and down very quickly, and this time the price is very cheap and is the right time to buy a lot.
Bitcoin does not need a miracle to go back up, bitcoin will become popular naturally because the development of technology will
definitely make bitcoin more known to the world, but it certainly takes time to recover it.