Post
Topic
Board Economics
Re: Bitcoin need a miracle
by
Coin-1
on 17/12/2018, 01:13:34 UTC
its a normal situation i guess after pumping last year, of course people continue selling, and make the price continue dumping.
so dont panic and keep holding, we will see miracle soon or late.

I think we will not see a miracle anytime soon. Miracles exist only in fairy tales. Crypto exchange markets were pumped last year, because not many people knew about Bitcoin and other coins. The mass media actively disseminated positive news about crypto currencies and some business-related TV channels even placed the BTC price on a screen with prices in USD and EUR. Since the bullish run ended in early 2018, old crypto investors started to slowly cash out their coins through altcoins and tokens and such a way gain a profit estimated in fiat currencies. A miracle for Bitcoin may be ETF approval, but most likely this will not happen in the near future.